Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

12304 Heart Lake Road Block 3, Caledon, ON L7C 2J2

Land
$2,950,000

Unique ownership opportunity within a core GTA West market to own a shovel-ready site. Rapidly growing industrial submarket. Highway 410 frontage and signage opportunity and direct connectivity to 400-series highway network. This site is surrounded by world class occupiers and is located in an amenity rich area with an abundance of labour. Services on Abbottside Way with the extension of Abbottside Way complete.

MLS number
W12628362
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
L7C 2J2
Photos
1
276days · this listing
276days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
ÉÉC Saint-Jean-Bosco
CS catholique MonAvenir
Elementary870 m7.0 / 10
70% met the standard
St. Evan Catholic Elementary School
Dufferin-Peel CDSB
Elementary698 m7.1 / 10
71% met the standard
SouthFields Village (Elementary)
Peel DSB
Elementary1.1 km6.5 / 10
65% met the standard
St Rita Elementary School
Dufferin-Peel CDSB
Elementary2.5 km6.0 / 10
60% met the standard
Tony Pontes (Elementary)
Peel DSB
Elementary2.1 km6.2 / 10
62% met the standard
Ross Drive P.S. (Elementary)
Peel DSB
Elementary2.4 km8.2 / 10
82% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,383 people.

$120,000Median household income
84.6%Own their home
66.1%Detached houses
34.4Median age
46%Born outside Canada
28.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212273 — the few blocks around this address, home to 2,383 people. It describes the area, not this property.

2,383Population
34.1Average age
3.8Household size
$158,500Average household income
$120,000Median household income
85%Own their home
15%Rent
8%Condominiums
46%Born outside Canada
28%University degree
$1,224,000Average home value
5%Low income
46%Not in the labour force
26%Never married
Under $5,000<1%
$10,000 to $14,999<1%
$20,000 to $24,9991%
$25,000 to $29,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9991%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over40%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,99912%
$200,000 and over9%

Percentages are of the 1,015 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$590,000 · minimum here is $590,000
$13,061.96per month
Borrowed before insurance$2,360,000
Total borrowed$2,360,000
Interest over 25 years at 4.5%$1,558,589

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$8,144.96per month out of pocket
Rent$4,917.00
Everything it costs to hold$13,061.96
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLLIERS. Listing data provided by the Toronto Regional Real Estate Board.