Bungalow with a 3-car heated shop on an acre in Terra Cotta

Property details for 14198 Heritage Road, Caledon

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 3
Lot Size: 150 x 299.6 FT
Stories: 1
Basement: Finished, N/A
Parking: Garage, Other
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Exterior: Brick
Ownership: Freehold
Annual Taxes: $6,398 (2026)

The real standout here is the detached 3-car shop with heat and hydro, set far back on a 150 by 300 foot lot that's just shy of an acre. It's not every day you find a setup like this. The main house is a 3-bed bungalow with a full finished basement that adds a 4th bedroom, an office, and a big rec/games area. Storage is plentiful too. Inside, the remodeled kitchen has granite counters and a gas stove, and the bathrooms have heated floors which are a treat in the winter. The great room addition is the hub of the house, boasting cathedral ceilings and a gas fireplace that makes it feel bright and open. The lot is private, backing onto conservation greenbelt, and there's a gazebo outside for lazy afternoons. You're only about 5 minutes from Terra Cotta's little café and the Caledon Trail kicks off right nearby, and Georgetown and the GO station are about 10 minutes away. Asking $1,799,000, but similar spots in this area have been selling around $1.99M, so there's some room to negotiate. That big shop alone justifies a good chunk of the price. It's got new forced-air gas heat and central air, plus a water softener and backup systems already sorted. Feel free to drop by if you want to check it out in person.

About 14198 Heritage Road, Caledon — Property Score

Great Location Hot Market Feature Rich

Score: 64/100

Value

Priced 38.4% above area median of $1,299,900 based on 75 comparable properties nearby 12

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 fewer than similarly priced 5-bedroom homes nearby 48

3 bathrooms - 1 fewer than similarly priced properties nearby 48

44,940 sqft lot - an oversized lot for the area 90

Location

$105K median household income - above the Canadian average of $70K 83

90% of residents hold postsecondary credentials - a highly educated neighbourhood 96

93% homeownership rate - indicating a stable, owner-occupied community 95

49% of residents commute under 30 minutes - good commuting convenience 69

41/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 43 days on market 100

+10.4% median price change over 1 month - rising prices in the area 100

63.2 months of housing supply - 316 active listings with 5 sold last month (buyer's market) 40

Features

15-car garage - more than the area average of 10.9 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.36% effective tax rate ($6,398/yr) - very low tax burden 89

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

33 photos provided - below the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.