$1,139,900Asking Price
40 Speckled Alder Street, Caledon, ON L7C 3H1
Rural Caledon, Caledon
LEGAL BASEMENT APARTMENT in Caledon! - Stunning 4 year old detached home offering modern finishes, functional design. This 4+1 bedroom, 3+1 bathroom home features an open-concept layout with 9 ft smooth ceilings and upgraded hardwood flooring throughout the main level. The stylish kitchen is designed for both everyday living and entertaining, complete with stainless steel appliances, granite countertops, and a centre island that overlooks the spacious living and dining areas. An upgraded hardwood staircase leads to the upper level, where you'll find generously sized bedrooms and convenient second floor laundry. The primary bedroom retreat includes a walk-in closet and a private 3-piece ensuite bath with glass enclosure, providing a comfortable and relaxing space to unwind. The fully finished legal basement apartment is a standout feature, offering excellent potential for rental income or multi-generational living. With a separate entrance from the backyard, protected by an awning, this self-contained unit includes its own ensuite laundry, stainless steel appliances, ceramic flooring, and a well-designed layout for natural light, added privacy and convenience. Outside, enjoy a fully fenced yard (pressure treated cedar) perfect for families and entertaining-along with added stone interlock parking pad that enhances curb appeal and functionality for visitors or the basement tenant. Ideally located close to schools, parks, shopping, and the Mount Pleasant GO Station, this home offers the perfect blend of comfort, style, and accessibility. A fantastic opportunity for homeowners and investors alike - don't miss it!
LEGAL BASEMENT APARTMENT in Caledon! - Stunning 4 year old detached home offering modern finishes, functional design. This 4+1 bedroom, 3+1 bathroom home features an open-concept layout with 9 ft smooth ceilings and upgraded hardwood flooring throughout the main level. The stylish kitchen is designed for both everyday living and entertaining, complete with stainless steel appliances, granite countertops, and a centre island that overlooks the spacious living and dining areas. An upgraded hardwood staircase leads to the upper level, where you'll find generously sized bedrooms and convenient second floor laundry. The primary bedroom retreat includes a walk-in closet and a private 3-piece ensuite bath with glass enclosure, providing a comfortable and relaxing space to unwind. The fully finished legal basement apartment is a standout feature, offering excellent potential for rental income or multi-generational living. With a separate entrance from the backyard, protected by an awning, this self-contained unit includes its own ensuite laundry, stainless steel appliances, ceramic flooring, and a well-designed layout for natural light, added privacy and convenience. Outside, enjoy a fully fenced yard (pressure treated cedar) perfect for families and entertaining-along with added stone interlock parking pad that enhances curb appeal and functionality for visitors or the basement tenant. Ideally located close to schools, parks, shopping, and the Mount Pleasant GO Station, this home offers the perfect blend of comfort, style, and accessibility. A fantastic opportunity for homeowners and investors alike - don't miss it!
See MoreKey Info
- 2-Storey Detached
- 2-Car Driveway
- 1-Car Attached Garage
- Tim Manley Ave/ Chinguacousy Rd
- 1500-2000 Approximate Sq Feet
- Basement Apartment
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 30.06 x 88.69 Feet
- < .50 Acreage
- Brick Exterior
- Taxes were $5,210 in 2025
- Possession: Flex/TBA
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W12984388
- EXIT REALTY HARE (PEEL)
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Rural Caledon, Caledon is a west GTA neighbourhood notable for its university grads and education, law & public sector professionals. It has a higher than average population of immigrants, particularly those recently arrived from India and those from India, and Punjabi speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, adults aged 25 to 44 and 25 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
36%
of residents are
single and loving it.
36% singles
Caledon (37%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
9%
of residents
are renters.
9% renters
Caledon (9%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
34%
of residents are
university grads.
34% university grads
Caledon (30%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$164K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 12% |
| Business | 12% |
| Trades | 12% |
| Management | 10% |
| Government | 9% |
Immigrants
35%
of residents were
born outside of Canada.
35% immigrants
Caledon (28%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
14.5% from India
All-time
Birthplace - Recent
8.3% from India
Recent
Foreign Languages
Foreign Languages
| Punjabi | 14% |
| Italian | 3% |
| Portuguese | 2% |
| Hindi | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 68% |
| Sikh | 11% |
| Hindu | 3% |
| Muslim | 1% |
