5-Bed Bungalow on 2.45 Acres with Walk-Out Basement

Property details for 15553 The Gore Road, Caledon

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 4
Lot Size: 150 x 714.8 FT
Stories: 1
Basement: Apartment in basement, Walk out, N/A, N/A
Parking: No Garage
Heating: Forced air, Propane
Cooling: Central air conditioning
Exterior: Stucco
Ownership: Freehold
Annual Taxes: $5,126

This 1,500 sq ft bungalow sits on a 150 x 714 ft lot, just over 2.4 acres, with a pond and ravine views. Inside, the main floor has 3 bedrooms, 2 baths, and a kitchen with stainless steel appliances and porcelain tile. The walk-out basement is fully finished, adding 2 more beds, a bath, and its own kitchen, perfect for in-laws or rental income. You'll get new vinyl plank flooring throughout much of the lower level, while the main floor mixes hardwood and porcelain. The exterior is stucco, and there's central air and forced air propane heat. A big paved driveway fits 25+ cars, no garage though. Taxes run $5,126 annually. It's 2.9 km to Robert F Hall Catholic Secondary School and 4.6 km to Albion Hills Conservation Area. Asking $1,329,000, which is under the nearby median of $1,389,000, though the market's been moving slow, with an average of 20 days on market. The property also has a walk-out basement apartment with separate entrance, and you'll find two stoves and two refrigerators in the kitchen.

About 15553 The Gore Road, Caledon — Property Score

Great Location

Score: 66/100

Value

Priced 10.1% below area median of $1,479,000 based on 157 comparable properties nearby 85

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

4 bathrooms - 1 more than similarly priced properties nearby 72

107,220 sqft lot - an oversized lot for the area 90

Location

$120K median household income - well above the Canadian average of $70K 90

78% of residents hold postsecondary credentials - a highly educated neighbourhood 86

96% homeownership rate - indicating a stable, owner-occupied community 97

34% of residents commute under 30 minutes - longer average commute times 57

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

Market

Just listed - area average is 60 days on market 100

-15.2% median price change over 1 month - declining prices in the area 1

46.6 months of housing supply - 326 active listings with 7 sold last month (buyer's market) 40

Features

25-car garage - more than the area average of 11.1 spots 95

Apartment in basement, Walk out, N/A, N/A basement - potential for additional finished space 70

standard forced air system 75

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.39% effective tax rate ($5,126/yr) - very low tax burden 88

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

50 photos provided - 28% more than 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.