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Rural Caledon, Caledon
$1,399,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,958 |
| Lot Size | 135 ft x 225 ft |
| mls© Number | W13076950 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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.
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 checkInvestment Analysis
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