3 Reddington Drive Unit 2, Caledon

Price: $1,299,000

2 bedrooms, 2 bathrooms

2,250 sqft

Property Type: Condo

MLS#: W12984636

Nestled within Legacy Pines Golf Course Adult Community, this detached bungaloft offers an exceptional lifestyle on a premium lot surrounded by natural beauty and tranquility. This beautiful development is located just minutes north of Bolton in the quaint Town of Palgrave. The home itself features a bright, open-concept layout, where the kitchen seamlessly overlooks the spacious great room-ideal for both everyday living and entertaining. A charming walk-out from the kitchen leads to a private deck, perfect for morning coffee or relaxing evenings while taking in the peaceful surroundings.One of the standout features is the versatile loft space, offering endless possibilities. Whether you envision a cozy bedroom, a recreation area, a home office, or a quiet den, this flexible space adapts to suit your lifestyle. The unfinished lower level with walk up awaits your finishing ideas.This charming community has ownership of its own 9 hole Golf Course, Club House/Community Centre/Fitness, Pickle Ball and Tennis Courts! Surround this with scenic hiking trails and serene countryside, the property delivers the perfect balance of privacy and community living. If you've been dreaming of a lifestyle that combines comfort, nature, and recreation, this is the one you've been waiting for.

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$1,299,000 - 3 Reddington Drive Unit 2, Caledon

Condo for Sale in Caledon

64 days on market
2Beds
2Baths
2,250Sq Ft
Condo
Property Details
MLS Number
W12984636
Property Type
Condo
Status
active
Days on Site
64
Bedrooms
2
Bathrooms
2
Square Feet
2,250 sqft
Neighbourhood
Caledon
Locker
None
Exposure
South
Balcony
Juliette
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled within Legacy Pines Golf Course Adult Community, this detached bungaloft offers an exceptional lifestyle on a premium lot surrounded by natural beauty and tranquility. This beautiful development is located just minutes north of Bolton in the quaint Town of Palgrave. The home itself features a bright, open-concept layout, where the kitchen seamlessly overlooks the spacious great room-ideal for both everyday living and entertaining. A charming walk-out from the kitchen leads to a private deck, perfect for morning coffee or relaxing evenings while taking in the peaceful surroundings.One of the standout features is the versatile loft space, offering endless possibilities. Whether you envision a cozy bedroom, a recreation area, a home office, or a quiet den, this flexible space adapts to suit your lifestyle. The unfinished lower level with walk up awaits your finishing ideas.This charming community has ownership of its own 9 hole Golf Course, Club House/Community Centre/Fitness, Pickle Ball and Tennis Courts! Surround this with scenic hiking trails and serene countryside, the property delivers the perfect balance of privacy and community living. If you've been dreaming of a lifestyle that combines comfort, nature, and recreation, this is the one you've been waiting for.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: Caledon

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

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

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.

70
Walk Score
Varies
Price Range

3 Reddington Drive Unit 2, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,360/mo
Range: $2,856 - $3,864
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,360
Maintenance Fees-$1,463
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$706

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 $577/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 64 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.

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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    3 Reddington Drive Unit 2, Ca… — $1,299,000 | Battaglia Team