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Rural Caledon, Caledon
$539,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 6-15 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $750 |
| Lot Size | 74 ft x 86 ft |
| mls© Number | W13237334 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
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