$2,149,000 - 33 Gibson Lake Drive, Caledon
Detached for Sale in Caledon
63 days on market- MLS Number
- W12995970
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Caledon
- Lot Size
- 2 sqft
- Listing Brokerage
- PROSPECT REALTY INC.
Nestled in the rolling hills of Caledon, this stunning Palgrave residence offers the perfect balance of rural tranquility and upscale living. Renowned for its scenic beauty, spacious properties, and welcoming community, Palgrave remains one of the most desirable areas near the Oak Ridges Moraine-ideal for families, retirees, and nature lovers alike. Situated on just over 2 acres of private land, this move in ready dream home has been extensively renovated in 2025, showcasing: A brand-new custom kitchen with quartz countertops and top-of-the-line appliances. Upgraded flooring throughout. A newly designed powder room, office, and laundry room. A luxurious primary suite featuring a spacious walk-in closet with custom organizers throughout for easy access and a spa-inspired ensuite with heated floors and a large walk-in shower. An additional fully renovated upper bathroom, also with heated floors for year-round comfort. Step outside to your own private oasis, complete with a large inground pool. Set against serene views of nature. An oversized double garage plus parking for up to 8 vehicles ensures plenty of space for family and guests.This home is the perfect blend of comfort, elegance, and lifestyle ready for you to move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$9,505.75/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.
33 Gibson Lake Drive, Caledon
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Rental income estimator & ROI calculator
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
Fair Market Value
At $860/sqft, this property is priced in line with current Caledon market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 63 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.
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 4 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 $8,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.