$1,999,999
↓ $199,001 from $2,199,000
Est. payment $8,856/moCalculate yours
62 Gibson Lake Drive, Caledon, ON L7E 4B2
Palgrave, Caledon, ON L7E 4B2
- 3 + 1 Beds
- 5 Baths
- 4 Garage
- 3,500 Sq Ft
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® W12968958
About this home
LUXURIOUS ESTATE on 3.937 ACRES Lot in prestigious PALGRAVE community. Property features very Spacious 4 Car Garage (2 Attached & 2 Detached- Perfect for Boat storage or Pickup truck), Huge Open concept Separate Living, Dinning & Family Room. Chefs Dream incredible Custom Gourmet Kitchen w/large pantry, Skyview & high-end appliances, Huge Solarium/Meditation Hall, Home Office/Yoga Studio/Sun Room, B/I Closets- Dressing Room- Custom Closet Organizers & Antique Architectural Ensuite, Elaborate SPA with Dry-Wet Sauna & bath Combo, Multiuse Guest Bedroom/Game or Exercise Room/ Theatre room, Inground Swimming Pool, Outdoor Shower, Fire-Pits, Hot Tub, Outdoor BBQ line, Cabana (Outhouse), Kids Play zone, Fully fenced Private Tennis Court, very spacious Garages, Storage Shed, BOSS Speaker System, Benches. Enjoy Private Camp-Ground & Party Ready Backyard, Plenty of Parking & Storage space throughout, Close to Parks, Trails, Campground, Recreational activity & School. Tones of Possibility for future expansion of additional outdoor activity in your Front & Backyard (i.e. Swings, Paintball, Tree House, Treetop Tracking, Basketball, Trampoline, Private Camping or Trail walking activity). It’s Acreage Property But NO Well Water or NO Propane Tank **(Municipal Water & Natural Gas)**. This estate seamlessly combines urban comforts with a rural ambiance, blends modern amenities with historic charm, offering a serene retreat amidst Southern Ontario’s scenic landscapes. Ideal for those seeking a luxurious lifestyle with ample space for private relaxations, grand-scale entertainment and recreational activities. Masterfully finished, truly unique estate, a real combination of Urban and Rural, Modern and Historic vibe. All fixtures attached to this lot are part of this property and its included in Purchase Price. You tube Video Tour (Search Address on You tube). Check the attached Property Feature Sheet as this space is not enough to explain full description of this estate in few words.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 3,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 5
- Kitchens
- 1
- Basement
- Finished, Full, Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 2-4.99 acres
- Parking
- Detached garage · 15 total
Financial
- Property Taxes
- $14,293 (2025)
Location
- Neighbourhood
- Palgrave
- Cross Street
- Hwy 50 / Gibson Lake Dr
- Direction Faces
- East
Listing
- MLS® Number
- W12968958
- Days on Market
- 193
- Listed On
- 2026-04-08
- Possession
- TBD/ Flexible
- Listed By
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Features
Interior
- Auto Garage Door Remote
- Central Vacuum
- Carpet Free
- Other
- Sauna
- Storage
- Water Softener
- Water Heater
- Built-In Oven
Property
- Campground
- Park
- Ravine
- Rec./Commun.Centre
- School
- Wooded/Treed
Pool
- Inground
- Outdoor
- Included
- S/S Stove, Fridge, Dish Washer, B/I Oven, Washer, Dryer, Wine-Cooler, Coffee Machine, Existing Electrical Light Fixtures, Existing Window coverings, Water Softener, Central Air Conditioner, Central Vacuum, Garage Door Opener w/Remote, Fire-pit, Hot Tub & Swimming Pool, Fully Fenced Tennis Court, All existing fixtures now attached to property and belongs to Sellers
- Excluded
- Seller's personal belongings, Stagging items & Furniture etc.
- Rental items
- Alarm Security System (Seller Can Remove if Buyer don't want to assume. It's Flexible.)
Mortgage calculator
Estimated mortgage payment
$8,856 per month
- Principal and interest
- $8,856
- Property tax
- $1,191
- Condo fees
- $0
- Estimated monthly cost
- $10,047
Your mortgage
- Mortgage amount
- $1,599,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,056,670
Cash to close
- Down payment
- $400,000
- Land transfer tax
- $36,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $436,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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