2424 Olde Base Line Road
Cheltenham, Caledon
$749,900
Welcome to your own 'Paradise in Caledon' a charming home set on over 1.25 acre with the CreditRiver running through this serene property. Featuring a modern interior with carpet-free hardwood floors, stainless steel appliances, a spacious bedroom and bathroom, plus a workshop shed on the property. Truly one of a kind with endless potential. Ideally located just down the road from the Caledon Trailway and minutes to major highways. This property benefits from the Conservation Land Tax Incentive Program, resulting in a reduction in property taxes.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $1,377 |
| Lot Size | 170 ft x 247.5 ft |
| mls© Number | W13204878 |
| Listed By | RE/MAX MILLENNIUM REAL ESTATE |
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%
- $3,838
- Property tax
- $115
- Heat allowance
- $150
- Housing costs
- $4,103 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $149,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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