8026 Mayfield Road
Rural Caledon, Caledon
$2,999,000
Attention Investors and Developers! Absolutely Fantastic Future Potential With This Prime Location.Fantastic Opportunity In Expanding Mayfield Rd Area! 1 Acre Lot In A High Demand Area Surrounded By Industrial Warehouses, Commercial Buildings, Part Of The Mayfield Rd Expansion Under Region Of Peel, Targeted For Future Hwy 413 and Humber Station Employment Area. Do Not Miss Out On This Incredible Potential Property Opportunity. For Investors, Future Development and Amazing Access Point For Efficient Transportation Around The GTA. For Further Information, See Region Of Peel Official Plan - City of Caledon.Buyers to perform all due diligence prior to submitting offers.This Bungalow Features 3+1 Bedrooms, 2 full baths, Great Sunroom With W/O to Backyard Patio And A Sizeable Finished Basement With Recreation Room Featuring a Wet Bar and Fireplace. Home Also Features Two (2) Car Garage with Ample Parking on Private Driveway.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,913 |
| Lot Size | 114 ft x 379 ft |
| mls© Number | W13450482 |
| Listed By | Century 21 Signature Service |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $15,350
- Property tax
- $493
- Heat allowance
- $150
- Housing costs
- $15,993 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$492,000
gross annual household income
- Payment at 4%
- $12,620 / mo
- Cash down
- $599,800
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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