$1,679,000

For sale

331 King Street East, Caledon (Bolton North) - Single Family for Sale

331 King Street East, Caledon (Bolton North), Ontario, L7E3J8

6 beds3 baths11 parking1,750 ft²110 × 356 ft (39,212 sq ft) lot sizeListed 20 days ago

Overview

This 6-bedroom, 3-bathroom home in Caledon is for sale offering roughly 1,750 sq ft of space. It has been on the market 20 days, fresher than the Caledon average of 42 days.

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Description

Welcome to 331 King Street East, a rare opportunity to own nearly an acre in the heart of Bolton! Situated on an impressive 110.31 x 355.49 ft lot, this 0.947-acre property offers exceptional potential for homeowners, builders and investors. The spacious raised bungalow features 3 bedrooms on the main level, an additional 3 bedrooms in the finished lower level, a second kitchen and a detached workshop. An ideal opportunity to build your custom dream home on an estate-sized lot, explore future development possibilities, or land bank the property while generating rental income from the existing residence. Surrounded by mature trees and greenery, the property offers privacy and space just minutes from downtown Bolton, shopping, schools and major routes. Whether you're looking to build, invest or enjoy the existing home, this property presents a unique opportunity in a sought-after location. Future development potential is subject to municipal approvals and buyer's due diligence. (id:66096)

Property Details

MLS®: W14080542
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Half Baths: 1
Parking: 11
Interior Size: 1,750 ft²
Lot Size: 110 × 356 ft (39,212 sq ft)
Frontage: 110 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Living room: 7.3 x 3.95 meters
Dining room: 3.7 x 3.48 meters
Kitchen: 4.1 x 3.65 meters
Primary Bedroom: 3.85 x 3.6 meters
Bedroom 2: 3.3 x 2.9 meters
Bedroom 3: 4 x 2.75 meters

Lower level

Bedroom 3: 2.84 x 3.26 meters
Family room: 7.19 x 4.57 meters
Kitchen: 4.5 x 2.46 meters
Primary Bedroom: 4.09 x 4.72 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Poured Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Caledon (Bolton North) listings, avg age

42d

Price / ft²

$959

List price

$1.68M

Haho

This 6-bed single family in Caledon (Bolton North) has been listed for 20 days, which is 22 days fresher than the city average of 42. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · MIKE JEBO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7E)

This home lists at $1,679,000, about 12.7× the local median household income of $132,000.

Carrying it typically needs a household income of about $327,967 (20% down, 25-yr amortization, stress-tested) — roughly 148% 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)

$1,679,000· $959/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $335,800

Min 20%50%

Mortgage payment$7,161/mo

Property tax (est.)$549/mo

Total monthly$7,710

Cash Needed to Close

Down payment (20%)$335,800

Land transfer tax$30,055

Est. closing costs$7,537

Total cash needed$373,392

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