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$12,999,999
Caledon
5232 Mayfield Road, Caledon, Ontario, L7C0Z5
This 4-bedroom, 2-bathroom home in Caledon is for sale.
Calling All Developers! An exceptional opportunity to acquire approximately 9.92 acres of prime land with 229.56 feet of frontage, identified within the Town of Caledon's Secondary Plan. Located in an area experiencing significant growth and development, this property presents outstanding long-term investment and redevelopment potential. Offered for sale for the first time in over 50 years, the property includes a lovingly maintained backsplit that is move-in ready and offers excellent potential for immediate use while future plans are pursued. Access to the interior of the home will be provided following receipt of an offer. The property is serviced by municipal water and natural gas. Ideally situated with convenience access to Highway 410 and 407, schools, shopping, public transit, and a short drive to the airport and GTA. This is a rare opportunity for developers, investors and land bankers alike. The property currently benefits from the Ontario Farm Property Class Tax Rate Program, resulting in property taxes being assessed at the reduced farm tax rate, subject to continued availability. Please do not walk the property without an appointment. No sign on the property! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 122 days on market, against an average age of 72 days across the listings currently for sale in this city
This 4-bed single family in Caledon is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $12,999,999, about 97.0× the local median household income of $134,000.
Carrying it typically needs a household income of about $2,539,355 (20% down, 25-yr amortization, stress-tested) — roughly 1795% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7C)
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Loading rates, 30-yr amortization
Cash Needed to Close
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