62 Gibson Lake Drive

Palgrave, Caledon, L7E 4B2

$1,499,999

Reduced $699,001 from $2,199,000

3+1 bedrooms
5 bathrooms
15 parking
3500-5000 sq ft

Listed 195 days ago · MLS® W12968958

Open house

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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.

Details

Type: Detached
Style: 2-Storey
Age: 51-99 years
Size: 3500-5000 sq ft
Lot: 629.55 × ? ft
Basement: Finished, Full, Other
Garage: Detached
Kitchens: 1
Property tax: $14,293 (2025)
Neighbourhood: Palgrave
Municipality: Caledon
Price per sq ft: ~$353 (50% below detached houses in Palgrave, $708)

Interior

Bedrooms: 3 above ground + 1 below
Bathrooms: 1 × 5-piece (second), 1 × 4-piece (second), 1 × 2-piece (main), 1 × 3-piece (basement), 1 × 2-piece (ground)
Rooms: 10 above ground + 4 below
Family room or den: Yes
Fireplace: Yes
Features: Auto Garage Door Remote, Central Vacuum, Carpet Free, Sauna, Storage, Water Softener, Water Heater, Built-In Oven

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air
Water and sewer: Septic

Building and exterior

Style: 2-Storey
Exterior: Brick
Roof: Asphalt Shingle
Age: 51-99 years
Faces: East
Pool: Inground, Outdoor
Outdoor: Built-In-BBQ, Hot Tub, Landscaped, Lighting, Privacy, Recreational Area, Year Round Living, Backs On Green Belt, Additional Garage(s), Garden Shed, Out Buildings, Storage, Playground, Shed

Parking

Garage spaces: 4
Total parking: 15
Driveway and parking: Private Triple, Circular Drive, Private

Lot

Size: 629.55 × ? ft (irregular)
Acreage: 2-4.99

Possession: TBD/ Flexible
Nearby: Campground, Park, Ravine, Rec./Commun.Centre, School, Wooded/Treed
Cross street: Hwy 50 / Gibson Lake Dr

Rooms

Room	Level	Size	Features
Living Room	Main	5.3 × 4.2 m (17'5" × 13'9")	French Doors, Hardwood Floor, Large Window
Dining Room	Main	7.8 × 3.5 m (25'7" × 11'6")	Wainscoting, Hardwood Floor, Large Window
Kitchen	Main	7 × 4.7 m (23' × 15'5")	Stainless Steel Appl, Hardwood Floor, Pantry
Family Room	Main	4.2 × 3.6 m (13'9" × 11'10")	Tile Floor, Fireplace, W/O To Sunroom
Sunroom	Main	6.3 × 3.96 m (20'8" × 13')	Tile Floor, Skylight, W/O To Pool
Solarium	Main	7.7 × 6.6 m (25'3" × 21'8")	Marble Floor, Coffered Ceiling(s), W/O To Pool
Primary Bedroom	Second	10.7 × 3.6 m (35'1" × 11'10")	5 Pc Ensuite, B/I Closet, Centre Island
Bedroom 2	Second	4.3 × 3.7 m (14'1" × 12'2")	Laminate, His and Hers Closets, Large Window
Bedroom 3	Second	3.3 × 3.6 m (10'10" × 11'10")	Laminate, B/I Closet, Large Window
Recreation	Basement	9.1 × 5.4 m (29'10" × 17'9")	Vinyl Floor, Fireplace, Pot Lights
Exercise Room	Basement	5.2 × 3.8 m (17'1" × 12'6")	Vinyl Floor, Separate Room, Window
Other	Basement	4.7 × 5.4 m (15'5" × 17'9")	Sauna, Combined w/Laundry, Closet
Foyer	Main	2.45 × 2.5 m (8' × 8'2")	Wainscoting, Large Closet, Marble Floor
Foyer	Main	2.35 × 2.4 m (7'9" × 7'10")	Pantry, Large Closet, Access To Garage
Other	Basement	1.25 × 3.65 m (4'1" × 12')	Vinyl Floor

Price history

Date	Price	Change
Jul 7, 2026	$1,999,999	Listed
Oct 20, 2026	$1,499,999	−$500,000

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 1 park. Nearest park: Munro Street Parkette (950 m).

Schools nearby

Elementary

Palgrave Public School
EQAO: Gr 6 reading 81%, math 50%13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L7E

Owners / renters: 90% / 10%
Median household income: $132,000
Average age: 41
Children under 15: 16%
Homes: 78% detached, 2% high-rise
Commute by transit: 1%
Population: 34,516

Languages spoken most at home besides English: Italian 2.3%, Punjabi (Panjabi) 2%, Spanish 0.7%, Polish 0.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Caledon (OPP): 39 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 49 km. Transit times · Driving times

Noise 1 source nearby

🚆 Rail line (MacTier Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE/MIRACLE REALTY LTD.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.