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Bolton North, Caledon
$1,679,000
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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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,589 |
| Lot Size | 110.31 ft x 355.49 ft |
| mls© Number | W14080542 |
| Listed By | RE/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.
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 checkInvestment Analysis
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