$899,900

For sale

15685 Innis Lake Road, Caledon - Single Family for Sale

15685 Innis Lake Road, Caledon, Ontario, L7C3A2

12 beds6 baths20 parking4,250 ft²130 × 260 ft (33,800 sq ft) lot sizeListed 26 days ago

Overview

This 12-bedroom, 6-bathroom home in Caledon is for sale offering roughly 4,250 sq ft of space. Listed at $899,900, it is attractively priced about 31% below the $1,299,000 median asking price in Caledon. It has been on the market 26 days, fresher than the Caledon average of 72 days.

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Description

Welcome to a truly unique property offering an exceptional blend of investment potential, versatility, and expansive land in a highly desirable location. Discover a rare investment opportunity with living and income-generating potential in a desirable location just minutes from Brampton in Caledon. Situated on approximately 1.44 acres, this unique property features three separate buildings comprising a reported 3,753 sq. ft. Fourplex and two additional self-contained units, offering a total of six potential residential accommodations. An excellent opportunity for buyers seeking to occupy one unit while potentially generating rental income from the others, subject to applicable requirements. The property has separate utility metering, providing added convenience for multi-unit use. Enjoy the benefits of expansive land, proximity to urban amenities, and potential long-term flexibility. Property is being sold in "AS IS, WHERE IS" condition. (id:66096)

Property Details

MLS®: W13883578
Property Type: Single Family
Bedrooms: 12
Beds (above / below): 10 above · 2 below
Bathrooms: 6
Parking: 20
Interior Size: 4,250 ft²
Lot Size: 130 × 260 ft (33,800 sq ft)
Frontage: 130 ft
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Propane, Other, Other
Garage: No Garage
Ownership: Freehold
Property Tax: $9,380.08/yr
Listed: 26 days ago

Rooms

Lower level

Living room: 4.9 x 3.65 meters
Dining room: 4.9 x 3.65 meters
Kitchen: 3.66 x 2.44 meters
Primary Bedroom: 4.3 x 3 meters
Bedroom 2: 3.38 x 3.08 meters
Bedroom 3: 2.65 x 2.5 meters
Living room: 5.03 x 3.65 meters
Kitchen: 3.6 x 2.74 meters
Primary Bedroom: 4.45 x 2.53 meters
Bedroom 2: 3 x 2.4 meters

Main level

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Unknown
Exterior: Stucco
Lot Features: Lane

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Caledon listings, avg age

72d

Price / ft²

$212

List price

$900K

Haho

This 12-bed single family in Caledon has been listed for 26 days, which is 46 days fresher than the city average of 72. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · AMRITPREET GREWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7C)

This home lists at $899,900, about 6.7× the local median household income of $134,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $134,000
Population: 33,846
Median age: 38
Owner / renter: 88% / 12%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L7C)

$899,900· $212/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$782/mo

Total monthly$5,411

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$14,473

Est. closing costs$5,200

Total cash needed$84,663

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