6688 Mayfield Road
Rural Caledon, Caledon
$8,500,000
Investment opportunity on 4.65 acres in a prime Caledon location. Charming bungalow with open concept living space, set on a deep 205 ft frontage along Mayfield Rd-ideal for future potential or long-term holding. Enjoy the privacy of country living with quick access to Hwy 410, amenities, schools, and transit. A rare offering with strong land value in a rapidly growing corridor.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $9,058 |
| Lot Size | 205 ft x 996 ft |
| mls© Number | W13668606 |
| Listed By | HOMELIFE SILVERCITY REALTY INC. |
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%
- $43,507
- Property tax
- $755
- Heat allowance
- $150
- Housing costs
- $44,412 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$1,367,000
gross annual household income
- Payment at 4%
- $35,769 / mo
- Cash down
- $1,700,000
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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