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.

65321 County Road 3, East Garafraxa, ON L9W 2Y9

8 rooms · Investment
$16,900,000

Exceptional opportunity to acquire approximately 49 acres of strategically located Business Park land in the growing Township of East Garafraxa. Prominently positioned on a high-exposure arterial corridor with valuable corner lot frontage, this property offers exceptional visibility, accessibility and long-term development potential. Zoned Business Park -Holding BP (H), this rare parcel offers outstanding potential for industrial, commercial, employment, logistics, warehousing, manufacturing and a variety of permitted business park uses. Ideally situated along County Road 3 and County Rd 11 with convenient access to major transportation corridors including Highway 109, Highway 10 and Highway 9,this property offers excellent connectivity to the GTA, Orangeville, Brampton, Vaughan and surrounding markets. Located within an emerging employment and industrial corridor surrounded by ongoing growth and development while being just minutes from residential subdivisions and amenities. Large land holdings with Business Park zoning are increasingly difficult to find, making this a rare opportunity for developers, investors, end-users and land bankers seeking long-term upside in a rapidly evolving area. The property includes a tenanted two-storey residence currently occupied on a month-to-month basis, providing interim income potential, along with agricultural crop income generated through a separate farming arrangement. The property offers substantial frontage/exposure and an attractive setting with a balance of open land and natural features. Please do not walk the property without an appointment.

MLS number
X13126134
Type
Investment
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
L9W 2Y9
Photos
10
Property tax
$3,557 / year
122days · 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 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 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.

Approximate — placed from the postal code, which can cover a block or more.

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
Orangeville Christian SchoolElementary341 mNot reported
St Benedict Elementary School
Dufferin-Peel CDSB
Elementary2.1 km7.0 / 10
70% 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.

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 596 people.

$140,000Median household income
86.8%Own their home
97.3%Detached houses
45.6Median age
17.9%Born outside Canada
16%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35220130 — the few blocks around this address, home to 596 people. It describes the area, not this property.

596Population
43.2Average age
3.2Household size
$158,000Average household income
$140,000Median household income
87%Own their home
13%Rent
0%Condominiums
18%Born outside Canada
16%University degree
$1,100,000Average home value
4%Low income
56%Not in the labour force
22%Never married
$40,000 to $44,9992%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over42%
$100,000 to $124,9995%
$125,000 to $149,9998%
$150,000 to $199,99912%
$200,000 and over17%

Percentages are of the 295 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.

$3,380,000 · minimum here is $3,380,000
$74,829.54per month
Borrowed before insurance$13,520,000
Total borrowed$13,520,000
Interest over 25 years at 4.5%$8,928,863

If you rented it out

-$75,125.96per month out of pocket
Rent$0.00
Everything it costs to hold$75,125.96
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 ROYAL LEPAGE RCR REALTY. Listing data provided by the Toronto Regional Real Estate Board.