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Price Change$1,499,000

12386 Creditview Road

Rural Caledon, Caledon

$1,399,000

Detached|2-Storey
4 | 4 | 10
About this home

Exceptional Investment Opportunity in Prime Caledon Location!This rare 0.7-acre property sits directly across from the future site of a 148-home subdivisionpart of the Phase 1 Development Plan by the Municipality of Caledon. Developers are actively acquiring nearby properties, and a new Costco is proposed just two minutes away at Creditview Rd & Mayfield Rd.Fully renovated, this 4+1 bedroom, 4-bathroom two-storey home features a modern kitchen with stainless steel appliances and quartz countertops. The finished basement offers a Kitchenette, bedroom, full bathroom, and a rec roomperfect for extended family or rental income. Additional highlights include newly upgraded bathrooms with glass showers, a bright sunroom, laminate flooring throughout, and large windows that flood the home with natural light and sunset views.Enjoy serene country living with a private, treed lot backing onto farmlandjust one minute from Brampton and 10 minutes to Mount Pleasant GO Station. Generating $4,600/month in rental income, this property offers strong investment potential and future development upside.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,958
Lot Size135 ft x 225 ft
mls© NumberW13076950
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,161
Property tax
$497
Heat allowance
$150
Housing costs
$7,807 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,800
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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