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Listed 2 months ago

33 Old Pavillion Road

Rural Caledon, Caledon

$539,900

Detached|Bungalow
2 | 1 | 3
About this home

Tucked into a riverside cooperative along the Credit River, this detached bungalow is the kind of place that makes you slow down. Open-concept living, hardwood throughout, and skylights that pull in sunlight by day and let you watch the stars roll past at night. A powered utility shed has been converted into an insulated man cave - your year-round spot for quiet work or watching the game with a friend.Step outside and the lifestyle takes over. A private back patio with a hot tub, a steel-roof gazebo, and a creek running behind the home. Out front, a porch made for watching the sun go down. The community shares a large private park along the Credit River, made for kayaking, canoeing, and tubing, with a riverside fire pit at its edge, a playground (soon to be upgraded), a baseball area, walking trails, and a co-op-owned forest. Caledon Country Club sits just minutes away. This is a co-op with cottage energy and city conveniences close by. Scenic drives, sweeping views, and some of the best summer and autumn foliage Caledon has to offer - paired with quick access to everything you actually need day to day. The community is the real draw - a friendly mix of retirees and young families, an annual BBQ, and a real sense of belonging among neighbours who each hold a share in the cooperative.Ownership here works a little differently than a freehold. You buy a share in the Ferndale cooperative, which comes with the right to occupy your home, rather than a deeded lot. Co-op ownership follows a specific financing path, and we're happy to walk you through it. Approx. 1,284 sq ft per floor plan, with hardwood floors, granite counters, a gas fireplace, ductless cooling, and an owned hot water tank. Hot tub, gazebo, Murphy bed, and utility shelving included. Some homes are just addresses. This one's a way of life along the river.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$750
Lot Size74 ft x 86 ft
mls© NumberW13237334
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,763
Property tax
$63
Heat allowance
$150
Housing costs
$2,976 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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