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New20 hours ago

331 King Street E

Bolton North, Caledon

$1,679,000

Detached|Bungalow-Raised
3 | 3 | 11
About this home

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.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,589
Lot Size110.31 ft x 355.49 ft
mls© NumberW14080542
Listed ByRE/MAX EXPERTS

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%
$8,594
Property tax
$549
Heat allowance
$150
Housing costs
$9,293 / mo

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

Down payment20% · $335,800
25-yr amortization

Income needed

$286,000

gross annual household income

Payment at 4%
$7,066 / mo
Cash down
$335,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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