Lot 80 Damara Road, Caledon

Price: $985,832

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13022430

LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE. Please note Agreement of Purchase and Sale price is $1,089,990. Rebate to be adjusted on closing if applicable** Introducing the Cabo Elevation C by Zancor Homes , a remarkable residence offering 1,972 square feet of beautifully designed living space. This Home combines elegance and functionality, featuring 9-foot ceilings on both the main and second levels, creating an open and spacious atmosphere throughout. No sidewalk, baking onto Field of Future school.

Lot 80 Damara Road - Detached photo 1 of 1 in Caledon, Ontario
active
1/1

$985,832 - Lot 80 Damara Road, Caledon

Detached for Sale in Caledon

56 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13022430
Property Type
Detached
Status
active
Days on Site
56
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Caledon
Listing Brokerage
INTERCITY REALTY INC.
Description

LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE. Please note Agreement of Purchase and Sale price is $1,089,990. Rebate to be adjusted on closing if applicable** Introducing the Cabo Elevation C by Zancor Homes , a remarkable residence offering 1,972 square feet of beautifully designed living space. This Home combines elegance and functionality, featuring 9-foot ceilings on both the main and second levels, creating an open and spacious atmosphere throughout. No sidewalk, baking onto Field of Future school.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,101.98/mo

Includes CMHC insurance ($35,490)

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5-yr fixed avg.

Principal: $887,249Interest: $607,856
Mortgage Amount$922,739
Total Interest$607,856
Est. Property Tax$698/mo
Total Cost$1,530,595

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

Lot 80 Damara Road, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$698
Insurance (est.)-$205
Net Cash Flow+$2,297

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 $657/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 56 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.

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.

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 $4,108 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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