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For saleMLS® W12968958

62 Gibson Lake Drive, Caledon, ON L7E 4B2

Palgrave · L7E 4B2

$1,499,999

$429 / sq ft

7 months on market

Bedrooms
3+1
Bathrooms
5
Interior
3,500 sf
Parking
15
Lot
629.55 × 0 ft
Age
51-99 years

What's special

  • Detached garage
  • Pool
  • Central air
  • Finished basement
  • 2 fireplaces
  • Auto garage door remote
  • Central vacuum
  • Carpet free

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About this property

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.

Rooms

16 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.30 × 4.20 m17.4 × 13.8 ftFrench Doors · Hardwood Floor · Large Window
Dining RoomMain7.80 × 3.50 m25.6 × 11.5 ftWainscoting · Hardwood Floor · Large Window
KitchenMain7.00 × 4.70 m23.0 × 15.4 ftStainless Steel Appl · Hardwood Floor · Pantry
Family RoomMain4.20 × 3.60 m13.8 × 11.8 ftTile Floor · Fireplace · W/O To Sunroom
SunroomMain6.30 × 3.96 m20.7 × 13.0 ftTile Floor · Skylight · W/O To Pool
SolariumMain7.70 × 6.60 m25.3 × 21.7 ftMarble Floor · Coffered Ceiling(s) · W/O To Pool
FoyerMain2.45 × 2.50 m8.0 × 8.2 ftWainscoting · Large Closet · Marble Floor
FoyerMain2.35 × 2.40 m7.7 × 7.9 ftPantry · Large Closet · Access To Garage
Primary BedroomSecond10.70 × 3.60 m35.1 × 11.8 ft5 Pc Ensuite · B/I Closet · Centre Island
Bedroom 2Second4.30 × 3.70 m14.1 × 12.1 ftLaminate · His and Hers Closets · Large Window
Bedroom 3Second3.30 × 3.60 m10.8 × 11.8 ftLaminate · B/I Closet · Large Window
RecreationBasement9.10 × 5.40 m29.9 × 17.7 ftVinyl Floor · Fireplace · Pot Lights
Exercise RoomBasement5.20 × 3.80 m17.1 × 12.5 ftVinyl Floor · Separate Room · Window
OtherBasement4.70 × 5.40 m15.4 × 17.7 ftSauna · Combined w/Laundry · Closet
OtherBasement1.25 × 3.65 m4.1 × 12.0 ftVinyl Floor
Room——

Features

  • Auto Garage Door Remote
  • Central Vacuum
  • Carpet Free
  • Other
  • Sauna
  • Storage
  • Water Softener
  • Water Heater
  • Built-In Oven

Property details

Property

Property type
detached
Bedrooms
3 + 1
Bathrooms
5
Interior size
3,500 sq ft
Year built
51-99
Possession
TBD/ Flexible

Interior

Basement
Finished, Full, Other
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
2
Exposure
East

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
15
Pool
Inground,Outdoor
Sewer
Septic

Costs

List price
$1,499,999
Property taxes
$14,293 / year (2025)
Price per sq ft
$429
Rental items
Alarm Security System (Seller Can Remove if Buyer don't want to assume. It's Flexible.)

Listing

MLS® number
W12968958
Status
For sale
Listed
April 8, 2026
Days on market
211
Last updated
November 2, 2026
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 22% of comparable detached listings in Palgrave are asking less.

$1.21MMedian $2.00M$3.53M
This home
$429 / sq ft
Comparable median
$829 / sq ft

Based on 27 comparable active detached listings in Palgrave. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.3% · minimum $125,000
$125,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,602.61
Property tax (est.)
$1,191.08
Estimated monthly
$8,794

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$26,475
Total due on closing
$26,475

An estimate on the asking price of $1,499,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,499,999

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