566 River Rd

FOR SALE
$2,999,999
566 River Rd, Caledon
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4 + 3
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
10 + 5
ROOMS
W11884399
MLSID
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Property Description
Discover over 5,500 sq. ft. of unparalleled luxury and craftsmanship in this exceptional executive estate, perfectly situated on a sprawling 1.36-acre lot along the serene banks of the Credit River, in the charming town of Belfountain. This beautifully designed bungaloft combines timeless elegance with modern functionality, offering an extraordinary living experience in one of the most coveted locations. With 4+2 spacious bedrooms, the home features generously sized principal rooms ideal for both intimate family living and grand-scale entertaining. The open-concept design flows seamlessly, offering a harmonious blend of style and comfort throughout. Nestled in the heart of the picturesque Caledon Hills, Belfountain is a small, tight-knit community known for its natural beauty, tranquil atmosphere, and rich heritage. Located within the larger Town of Caledon, Belfountain offers a unique blend of rural charm and modern convenience, making it one of the most desirable places to live in the Greater Toronto Area. The town is renowned for its breathtaking landscapes, including rolling hills, lush forests, and the meandering Credit River that runs through the area. Belfountain is home to many outdoor enthusiasts, offering endless opportunities for hiking, cycling, and exploring nature reserves. The area is also home to the beautiful Belfountain Conservation Area, which features walking trails, waterfalls, and spectacular views of the surrounding countryside. With its rich history and tight-knit community, Belfountain provides an idyllic escape from the hustle and bustle of urban life, all while offering proximity to essential amenities and major transportation routes. This estate is perfectly positioned along the banks of the Credit River, one of Ontario's most beloved and scenic rivers. The Credit River winds its way through the stunning Caledon landscape, offering residents unparalleled views of the flowing water, lush riverbanks, and abundant wildlife.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-24 2024-10-31 160 $3,449,000 - Expired
Extras
The river is a haven for outdoor enthusiasts, offering a variety of activities such as kayaking, canoeing, and fishing, all just steps from your door.
Property Features
Ravine, River/Stream, School, School Bus Route, Skiing, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
3000-3500
Lot Size
226' x 302'
Acreage
.50-1.99
Fronting
South
Taxes
$10,207 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
4
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.68' x 15.26'Open Concept, Marble Counter, Hardwood Floor
DiningMain13.42' x 10.60'Hardwood Floor, W/O To Terrace, O/Looks Garden
LivingMain17.65' x 19.16'Walk-Out, Gas Fireplace, Hardwood Floor
Prim BdrmMain16.99' x 15.75'Walk-Out, 6 Pc Ensuite, W/I Closet
OfficeMain10.83' x 9.91'Hardwood Floor, Picture Window
2nd BrMain16.99' x 15.75'
3rd BrMain11.58' x 15.26'
LivingUpper18.93' x 18.24'Hardwood Floor, Open Concept, 3 Pc Bath
4th BrUpper12.76' x 11.75'Hardwood Floor, Picture Window
RecLower28.25' x 19.09'W/O To Pool, Combined W/Kitchen, Combined W/Dining
KitchenLower17.19' x 14.27'Laminate, Walk-Out, Combined W/Dining
BrLower12.89' x 11.81'Window, Laminate, 3 Pc Ensuite
Caledon Market Statistics
Caledon Price Trend
566 River Rd is a 4-bedroom 5-bathroom home listed for sale at $2,999,999, which is $1,548,523 (106.7%) higher than the average sold price of $1,451,476 in the last 30 days (December 15 - January 13). During the last 30 days the average sold price for a 4 bedroom home in Caledon declined by $49,757 (3.3%) compared to the previous 30 day period (November 15 - December 14) and down $5,342 (0.4%) from the same time one year ago.
Inventory Change
There were 41 4-bedroom homes listed in Caledon over the last 30 days (December 15 - January 13), which is down 34.9% compared with the previous 30 day period (November 15 - December 14) and up 64.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Caledon typically sold ($67,774) (4.7%) below asking price over the last 30 days (December 15 - January 13), which represents a $4,136 decrease compared to the previous 30 day period (November 15 - December 14) and ($66,445) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Caledon over the last 30 days (December 15 - January 13) stood at 51.2%, up from 47.6% over the previous 30 days (November 15 - December 14) and up from 44.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Caledon stood at 31 days when successfully sold over the last 30 days (December 15 - January 13), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Millennium Inc.
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