The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
ATTENTION DEVELOPERS AND INVESTORS!! This dream country home on 1 acre is sure to impress you. LOCATED ON PRIME DEVELOPMENT LAND WITH RM zoning which allows for severing the lot and building multiple residential homes OR A MULTIPLEX and many other uses permitted. Call LA for more details on the approved secondary plan which is adjacent to the site plan. This property and home are within minutes to the city, schools and community center. Walk out from the open concept gourmet kitchen, patio with newer pressure treated deck. Large 20x40 FT Quantum hut heated workshop! This beauty offers over 3200 SF of living space. New 3 piece washroom in recreational room area separate from the 2 bedroom self contained in-law suite. This home offers 4+3 spacious bedrooms, brand new premium hardwood flooring on second level, new 5 pc ensuite washroom with stand alone tub & faucet, a large shower with multiple jets & glass door. Rent out the house or live in and enjoy until ready to build. New waffle ceiling and custom crown molding throughout. Triple car garage with large mezzanine with lots of storage space. Perennial gardens, fruit trees, freshly painted throughout. Do not miss out on this opportunity to invest and turn a large profit!! The secondary plan in surrounding area has been approved which has a positive impact on the value of this property. Now zoned RM as per Town of Caledon. Potential to sever 150x 150 feet lot in the back to build 3 detached homes upon approved application to sever permitted as per the planning department and the RM zoning.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,246/mo
Mortgage (principal + interest)$6,543
Property taxFrom listing: $8,437/yr$703
Minimum 20% ($349,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$349,800
Ontario land transfer taxProvincial brackets, no first-time refund$31,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$384,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Caledon has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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