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Palgrave, Caledon
$1,199,000
Need **MASSIVE GARAGE SPACE** (nearly 2500 sq ft) without the price tag of a mansion? This rare find offers exactly that - plenty of room for your workshop, vehicles, or toys, without the burden of an oversized, expensive home (you have the option to expand on this home if you wish). And with Caledon now permitting garden suites, this rare find may offer the exciting potential to convert that garage into a separate residence. Nestled on just under an acre and surrounded by mature, towering trees, this bungalow offers privacy, space, and peaceful country living. For a change of pace, enjoy quiet mornings or evening drinks on the stone front patio, taking in the tranquil rural views. Inside, you'll find a functional layout with town water and natural gas already in place, offering a country setting with city convenience. The 3rd bedroom has been converted into a convenient home office (convert it back if you like), while the kitchen offers potential for expansion into either the living room or the spacious laundry area. Love entertaining? The large, covered porch ensures your BBQs go on, rain or shine. The basement, featuring above-grade windows, invites natural light in and is ready for your open-concept design. Perfect for the weekend warrior, hobbyist, or anyone in need of SERIOUS GARAGE SPACE - this is the needle in the haystack you've been searching for. Don't miss out - come take a look!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,276 |
| Lot Size | 199 ft x 217 ft |
| mls© Number | W13519550 |
| Listed By | RE/MAX WEST ESTATE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $440
- Heat allowance
- $150
- Housing costs
- $6,727 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$207,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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