Homula Realty Brokerage
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14130 Creditview Road, Caledon, ON L7C 1Y4

Vacant Land
$4,800,000
Property tax
$2,555 / year

Situated at the intersection of King Road and Creditview Road, and neighbouring the highly sought-after and picturesque village of Cheltenham Village, this exceptional approximately 70.5-acre corner property offers a rare opportunity to own a substantial parcel in one of Caledon's most desirable rural communities. South of King St is seeing rapid growth in the area with new developments. The property features a charming 2-bedroom residence along with three existing outbuildings, including a spacious three-section driving shed measuring approximately 24' x 36', 12' x 72', and 40' x 20'.Surrounded by prestigious custom-built estate homes, scenic horse farms, and beautiful countryside landscapes, this property presents the ideal setting to build a dream estate while enjoying privacy, tranquility, and an upscale rural lifestyle. The highly desirable corner location provides excellent frontage, accessibility, and long-term potential.Conveniently located just minutes from urban amenities, the property is approximately 10 minutes to Brampton and 20 minutes to Orangeville, with quick access to Highways 410 and 401 for commuters. The surrounding area is well known for its natural beauty and recreational attractions, including nearby schools, the scenic Forks of the Credit Provincial Park, and the popular Caledon Trail system offering year-round outdoor enjoyment.Golf enthusiasts will appreciate close proximity to the renowned TPC Toronto at Osprey Valley, host of the RBC Canadian Open, as well as the prestigious Devil's Pulpit Golf Association. Winter recreation is equally exceptional with skiing, snowboarding, and family programs available nearby at the Caledon Ski Club.Additional property features include a 100-amp electrical service, wireless internet availability, drilled well, septic system, Buyers and cooperating agents are advised to complete their own due diligence regarding future uses, permits, and development potential.

MLS number
W13601720
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
L7C 1Y4
Photos
19
Laundry
Not in the unit
51days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 847 people.

$124,000Median household income
91.8%Own their home
93.7%Detached houses
52.4Median age
26.3%Born outside Canada
36.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210017 — the few blocks around this address, home to 847 people. It describes the area, not this property.

847Population
46.8Average age
2.7Household size
$172,000Average household income
$124,000Median household income
92%Own their home
8%Rent
5%Condominiums
26%Born outside Canada
36%University degree
$1,420,000Average home value
8%Low income
49%Not in the labour force
25%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over38%
$100,000 to $124,9997%
$125,000 to $149,9995%
$150,000 to $199,9999%
$200,000 and over16%

Percentages are of the 500 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.

$960,000 · minimum here is $960,000
$21,253.36per month
Borrowed before insurance$3,840,000
Total borrowed$3,840,000
Interest over 25 years at 4.5%$2,536,008

If you rented it out

-$21,466.28per month out of pocket
Rent$0.00
Everything it costs to hold$21,466.28
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 RE/MAX SPECIALISTS TAVSELLS INC.. Listing data provided by the Toronto Regional Real Estate Board.