- Bedrooms
- 3+1
- Bathrooms
- 5
- Size
- 3,500–5,000sq ft
- Per sq ft
- $353at the range’s middle
- Lot
- 2 – 4.99 acres
- Tax a year
- $14,2932025 tax year
- Built
- 51-99
- Parking
- 154 detached
- Days on market
- Members
The brief
About 62 Gibson Lake Dr
62 Gibson Lake Dr is a 3+1-bedroom, 5-bathroom detached house in Palgrave, Caledon, listed for sale at an asking price of $1,499,999 (MLS® W12968958).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$4,485/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 detached homes with 4 bedrooms for lease in Caledon right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $14,293 / 2025
- MLS® number
- W12968958
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 629.55 ft frontage
- Listed on
- Parking
- 4 Detached, 15 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Palgrave
- Municipality
- Caledon
Building
- Size
- 3500-5000 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 2pc Main, 1 × 3pc Bsmt, 1 × 2pc Ground
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private Triple, Circular, Private
- Garage Type
- Detached
- Garage
- 4
- Additional Parking
- 11
- Total Parking
- 15
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Septic
- Frontage
- 629.55 ft
- Lot Size
- 629.55 ft frontage
Additional
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground, Outdoor
- Den
- Yes
- Family room
- Yes
- Extras
- 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
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.2 × 5.3 m | French Doors, hardwood floor, Large Window | Main |
| Dining | 3.5 × 7.8 m | Wainscoting, hardwood floor, Large Window | Main |
| Kitchen | 4.7 × 7.0 m | Stainless Steel Appl, hardwood floor, Pantry | Main |
| Family | 3.6 × 4.2 m | Tile Floor, Fireplace, W/O To Sunroom | Main |
| Sunroom | 3.96 × 6.3 m | Tile Floor, Skylight, W/O To Pool | Main |
| Solarium | 6.6 × 7.7 m | Marble Floor, Coffered Ceiling, W/O To Pool | Main |
| Primary | 3.6 × 10.7 m | 5 Pc Ensuite, B/I Closet, Centre Island | 2nd |
| 2nd Br | 3.7 × 4.3 m | Laminate, His/Hers Closets, Large Window | 2nd |
| 3rd Br | 3.6 × 3.3 m | Laminate, B/I Closet, Large Window | 2nd |
| Rec | 5.4 × 9.1 m | Vinyl Floor, Fireplace, Pot Lights | Bsmt |
| Exercise | 3.8 × 5.2 m | Vinyl Floor, Separate Rm, Window | Bsmt |
| Other | 5.4 × 4.7 m | Sauna, Combined W/Laundry, Closet | Bsmt |
| Foyer | 2.5 × 2.45 m | Wainscoting, Large Closet, Marble Floor | Main |
| Foyer | 2.4 × 2.35 m | Pantry, Large Closet, Access To Garage | Main |
| Other | 3.65 × 1.25 m | Vinyl Floor | Bsmt |
Listing history
Buy/sell history for 62 Gibson Lake Dr, Caledon, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,499,999 | N/A | Pc | W12968958 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $300,000
- Total mortgage amount
- $1,199,999
- Total interest payment
- $853,201
- Total purchase cost
- $2,353,200
- Mortgage payment
- $6,844/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
72%Monthly carrying cost
$8,035- Rent $3,550
- Shortfall $4,485
Rental income opens at $3,550, the median asking rent of 8 comparable homes for lease in Caledon. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,475
- Total land transfer tax
- $26,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $22,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,499,999
- $22,000
- Ontario total
- $26,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 629.55 ft191.9 m
- Depth
- Not in the record
- Lot size
- 2 – 4.99 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
- Groundwater recorded about 8.6 m below ground nearbyThe middle water level in the well records within 500 m (15 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Countryside Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
- Nearest airport: 5.7 km5.7 km
Province of Ontario open data
Around the home2
- Nearest rail line: 230 m230 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro One Networks Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Vianet. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, PTP Broadband, Rogers, Routcom, RuralNet, SkyChoice Communications, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Detached homes for sale in Palgrave right now
- For sale now
- 29
- Median asking price
- $2M
- New in 7 days
- 2
- Price cuts
- 21%
Middle half: $1.5M to $2.73M
8 in 28 days
6 listings
This home is asking 25% below the median.
See all homes in PalgraveAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Palgrave Public SchoolPeel DSB | Public · grades JK–8 | 900 m | 73%Grade 6 average |
| St Cornelius SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 7.4 km | 69%Grade 6 average |
| Tottenham Catholic Elementary SchoolSimcoe Muskoka CDSB | Catholic · grades JK–8 | 7.7 km | — |
| Tottenham Public SchoolSimcoe County DSB | Public · grades JK–8 | 8.3 km | 67%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Michael Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 8.1 km | 53%Grade 9 math |
| Robert F Hall Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 8.7 km | 54%Grade 9 math |
| Humberview Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 9.4 km | 60%Grade 9 math |
| St Thomas Aquinas Catholic Secondary SchoolSimcoe Muskoka CDSB | Catholic · grades 9–12 | 9.9 km | 40%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Palgrave are shown to signed-in members.