$1,185,000 - 8 Reddington Drive Unit 1, Caledon
Condo for Sale in Caledon
135 days on market- MLS Number
- W12733296
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Caledon
- Locker
- None
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- ALBION REALTY INC.
Living the Dream! Elegant lifestyle in scenic Legacy Pines Adult Community. Picturesque golf course setting. Stunning premium bungalow overlooking beautiful natural pond and forested views. Spotless well appointed home with upgrades galore. Gorgeous palladian window, vaulted great room with stone wall & fireplace, family sized formal dining room, open concept chef's kitchen with custom pull out drawers in cabinetry, gleaming quartz counters, newer tile backsplash, fabulous centre island with wine rack, touchless faucet, pot-lites & undermount lighting. Amazing south facing custom built screened in Lanai with composite decking, natural gas firetable & bbq, and walkout to your own private patio. Retreat to the executive primary suite featuring custom walk in closet with organizers and spacious full ensuite. Main floor also includes a pretty guest bedroom, full bath and laundry room. Direct access to spacious garage with Epoxy coated floor. Charming wainscotting leads you to the huge rec.room with above grade windows and another stone surround fireplace. Two more bedrooms or home office make this level complete. Well run self-managed condo lifestyle with just 6 homes in this condo pod. Make this your next home in this charming village setting with nearby Albion Hills Conservation park, Palgrave walking trails and Caledon Equestrian Park.
Estimate your monthly payments for this property
Estimated Payment
$5,241.65/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.
8 Reddington Drive Unit 1, 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 $846/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 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.
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.
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 $4,938 (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.