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12692 Hurontario Street

Rural Caledon, Caledon

$4,000,000

Detached|2-Storey
4 | 3 | 10
About this home

Prime 2+ Acre Development Opportunity on Highway 10/410. This rare 2+ acre parcel offers exceptional future development potential, ideally located in a rapidly growing area where surrounding properties are actively being developed. A strategic investment opportunity, this property is situated directly on Highway 10/410, with convenient access to Brampton and the planned Highway 413 corridor.The property includes a 4-bedroom detached home, offered primarily for land value and future development purposes. Please Note:Do not walk the property without a confirmed appointment.The home will not be shown unless an offer is submitted in writing and conditionally accepted.This is a unique chance to secure a valuable piece of land in a high-demand, fast-developing region.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,575
Lot Size155.72 ft x 611.68 ft
mls© NumberW12134204
Listed ByRE/MAX SPECIALISTS TAVSELLS INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$20,474
Property tax
$465
Heat allowance
$150
Housing costs
$21,088 / mo

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

Down payment20% · $800,000
25-yr amortization

Income needed

$649,000

gross annual household income

Payment at 4%
$16,833 / mo
Cash down
$800,000

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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