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Listed 14 days ago

173 Victoria Street

Bolton East, Caledon

$850,000

Detached|2-Storey
4 | 2 | 6
About this home

PREMIUM CORNER BUILDING LOT IN DOWNTOWN BOLTON. Rare opportunity in the Heart of Bolton. Prime corner lot offering 132 ft X 65.87 on full municipal services in one of Bolton's most established neighbourhoods. Situated on an impressive 8,633 Sq Ft. lot. This property presents exceptional potential for families, builders, investors and those looking to construct or create a custom home in a sought-after location. An opportunity to create your dream family home in established Bolton. Many new builds in the area. The existing residence is not "Heritage" and offers renovation potential for those looking to customize a home to their own taste and lifestyle, rather than paying a premium for someone else's renovations. A detached garage provides additional utility and storage. The generous corner lot configuration offers enhanced design flexibility, with a spacious backyard offering plenty of room for children to play and for family entertaining, as well as excellent redevelopment potential, subject to all municipal approvals. The home also features a sunroom and flexible space with potential for a family/rec-room setup, providing additional possibilities for a growing family. Located within walking distance to schools, parks, shopping, restaurants and Downtown Bolton amenities, with convenient access to major commuter routes. An increasingly rare opportunity to secure a detached home on a premium in-town lot in a mature, established family-friendly community. Property being sold in as-is condition. Buyer to conduct their own due diligence regarding zoning, permits, redevelopment potential and future use. A unique opportunity to renovate, customize and build your vision in one of Caledon's most desirable communities.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,676
Lot Size66 ft x 132 ft
mls© NumberW13718400
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,351
Property tax
$306
Heat allowance
$150
Housing costs
$4,807 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $170,000
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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