$929,000 - 2-28 Reddington Drive Unit 2, Caledon
Condo for Sale in Caledon
135 days on market- MLS Number
- W12337270
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Caledon
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
There are a few key features that make this Legacy Pines home special. The first is the extraordinary privacy. A sunroom addition at the back overlooks the golf course and doesn't have any visible neighbours. The second is the layout. Many guests have commented on just how well the open-spaced living area works and how attractive it is. Thirdly, the main level is 1540 sq ft with two bedrooms and two baths. The sunroom adds another 240 sq ft and there's 600 sq ft finished on the lower level, with a 3rd bdrm, bathroom, family room and spacious utility room. Finally there's the quality of the finishes tastefully put together to please even the most demanding. One look at the photos and the floors underline the reference to quality. The views from the sunroom will entice you to use it much of the time. This property has served the current owner well, for over 24 years.
Estimate your monthly payments for this property
Estimated Payment
$4,766.25/mo
Includes CMHC insurance ($25,919)
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.
2-28 Reddington Drive Unit 2, 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
Competitive Pricing
At $664/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.
Negotiation Opportunity
At 135 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.