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Listed 2 months ago

7236 Mayfield Road

Rural Caledon, Caledon

$4,499,000

Detached|Bungalow
3 | 3 | 23
About this home

This Parcel is Zoned RMD-705-H49A-H49B and RMD-706-H49A-H49B with 2.365 Acres and is Located Within the Phase 1 Community Area Under the Caledon Official Plan. A Rare Opportunity to Secure Land with neighbors such as Starlane & Meridian Homes. Ideally Situated Along The Mayfield Road Growth Corridor, This Property Falls Within An Area Identified For Future Urban Expansion And Development Planning By the Town of Caledon. The surrounding area is experiencing significant residential, mixed-use, commercial, and infrastructure growth, making this an outstanding opportunity for investors, developers, land bankers, or end users seeking future upside. The proposed planning framework for the area envisions new neighbourhoods, mixed-use communities, parks, schools, employment lands, and supporting infrastructure, further enhancing the long-term value of this strategic holding. A rare chance to acquire a premium parcel in a high-growth location. Property is Serviced By Municipal Water And Natural Gas and features A Beautiful Bungalow That Sits On A Flat, Clean Lot With No Home Behind, A Well-Maintained Residence With Immediate Enjoyment And Long-Term Investment Potential. Vendor Take-Back financing available (up to 50% for qualified buyers), offering flexible acquisition and enhanced leverage.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,600
Lot Size246.76 ft x 421.45 ft
mls© NumberW13235354
Listed ByRE/MAX SPECIALISTS TEAM SUKHVINDER

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$23,028
Property tax
$717
Heat allowance
$150
Housing costs
$23,895 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $899,800
25-yr amortization

Income needed

$735,000

gross annual household income

Payment at 4%
$18,933 / mo
Cash down
$899,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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