Description

Excellent opportunity to own an investment property featuring 10 acres of land with a house, located in a highly desirable area. The property is within a designated Community Area in the Caledon Official Plan and offers potential for future mixed residential and commercial development. The property is also part of the new urban boundary expansion for development in Caledon. Future Highway 413 and the approved future GO Station just north of King Street on Humber Station Road add to the property's long-term potential. (id:66096)

Property Details

MLS®: W13680164
Property Type: Agriculture
Zoning: A1
Lot Size: 198 × 2211 ft (10.06 acres)
Frontage: 198 ft
Cooling: Fully air conditioned
Property Tax: $10,440.88/yr
Listed: 80 days ago

Market Timing

Days on market

80d

Caledon listings, avg age

73d

List price

$12.90M

Haho

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Area context

Neighbourhood profile (L7E)

This home lists at $12,900,000, about 97.7× the local median household income of $132,000.

Carrying it typically needs a household income of about $2,519,822 (20% down, 25-yr amortization, stress-tested) — roughly 1809% above the area median.

Median household income: $132,000
Population: 34,516
Median age: 42.4
Owner / renter: 90% / 10%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L7E)

$12,900,000

For sale

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Financing

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13669 Humber Station Road, Caledon - Agriculture for Sale