$8,999,000 - 2330 King Street, Caledon
Detached for Sale in Caledon
83 days on market- MLS Number
- W12917100
- Property Type
- Detached
- Status
- active
- Days on Site
- 83
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- EXP REALTY
Rare opportunity to acquire a premier 25-acre land parcel in the high-growth Cheltenham corridor. This exceptional property features a bungalow that has undergone a complete, high-end professional renovation, offering a sophisticated 3+2 bedroom layout. The interior boasts a grand double-door entrance, designer kitchen, and spa-inspired bathrooms-all finished with premium brand-new quartz countertops and contemporary fixtures.Agricultural & Income Potential:The expansive 25 acres of flat, usable farmland offer diverse agricultural or land-banking possibilities. Supplementing the residence is a substantial 3,500 sq. ft. barn, providing an ideal footprint for a home-based business, hobbyist, or as a high-yield rental for immediate secondary income.Strategic Location & Growth:Perfectly positioned just minutes from Highway 410, this property sits within an area slated for significant infrastructure improvements and planned highway expansions. This is a "triple-threat" asset for families seeking a turnkey estate, investors looking for cash flow, or developers identifying long-term capital appreciation in a rapidly evolving community.
Estimate your monthly payments for this property
Estimated Payment
$39,805.61/mo
5-yr fixed avg.
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.
Discover Caledon
Caledon 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 Caledon
- •Convenient location in Caledon
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Caledon 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.
2330 King Street, Caledon
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $5999/sqft, this property is priced above the Caledon average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for Caledon. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Caledon are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Caledon.
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.
Investment Perspective
Looking at this as an investment: Caledon properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $37,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.