23 Reddington Drive Unit 5, Caledon

Price: $875,000

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13171732

Tucked Away in the Peaceful and Prestigious Adult Lifestyle Community of Legacy Pines, this Beautifully Renovated and Meticulously Maintained Bungalow Offers the Perfect Blend of Comfort, Privacy, and Scenic Surroundings. Surrounded by Mature Trees and Filled with Natural Light from Oversized Windows Throughout, this Warm and Inviting Home is Designed for Relaxing Easy Living. The Spacious Open Concept Main Floor Features Hardwood Flooring Throughout, a Stunning Kitchen & Bathrooms, and Custom Closet Organizers for Exceptional Functionality. Step Outside to the Large Deck (2022) with Gas Hook-Up - the Perfect Place to Relax, Entertain and Enjoy the Serenity of Nature. The Finished Lower Level Offers 2 Additional Bedrooms, Bright Large Windows, A full Bathroom with Heated Floors for Added Comfort. Complete with a Private Garage & Parking, this Exceptional Home Also Offers Access to Golf, Tennis, Bocce Ball & Pickleball at the Community Clubhouse. Peaceful, Bright, and Move-in Ready.

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New Listing
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$875,000 - 23 Reddington Drive Unit 5, Caledon

Condo for Sale in Caledon

New — Listed 2 days ago

Neighbourhood: Palgrave

4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13171732
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Caledon
Locker
None
Exposure
South East
Balcony
Terrace
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Tucked Away in the Peaceful and Prestigious Adult Lifestyle Community of Legacy Pines, this Beautifully Renovated and Meticulously Maintained Bungalow Offers the Perfect Blend of Comfort, Privacy, and Scenic Surroundings. Surrounded by Mature Trees and Filled with Natural Light from Oversized Windows Throughout, this Warm and Inviting Home is Designed for Relaxing Easy Living. The Spacious Open Concept Main Floor Features Hardwood Flooring Throughout, a Stunning Kitchen & Bathrooms, and Custom Closet Organizers for Exceptional Functionality. Step Outside to the Large Deck (2022) with Gas Hook-Up - the Perfect Place to Relax, Entertain and Enjoy the Serenity of Nature. The Finished Lower Level Offers 2 Additional Bedrooms, Bright Large Windows, A full Bathroom with Heated Floors for Added Comfort. Complete with a Private Garage & Parking, this Exceptional Home Also Offers Access to Golf, Tennis, Bocce Ball & Pickleball at the Community Clubhouse. Peaceful, Bright, and Move-in Ready.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,489.20/mo

Includes CMHC insurance ($24,413)

$
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5%10%50%

5-yr fixed avg.

Principal: $787,500Interest: $534,849
Mortgage Amount$811,913
Total Interest$534,849
Est. Property Tax$620/mo
Total Cost$1,346,761

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Palgrave

Discover Palgrave

Palgrave is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Palgrave

  • Convenient location in Caledon
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Palgrave offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

23 Reddington Drive Unit 5, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$620
Insurance (est.)-$182
Net Cash Flow+$1,768

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Caledon's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Caledon. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Palgrave

I know Palgrave well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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