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Listed 1 month ago

7930 Mayfield Road

Rural Caledon, Caledon

$1,750,000

Detached|2-Storey
6 | 3 | 10
About this home

Welcome to 7930 Mayfield Rd. This exceptional development opportunity is now available in this rapidly growing corridor in Caledon. This prime half-acre property is strategically positioned within the highly anticipated Mayfield Road expansion area, placing it directly in the center of the Greater Toronto Area's (GTA) upcoming transportation and commercial hub. The property is situated within the future Highway 413 and Humber Station Employment Area boundaries. This generous half-acre parcel with a large, private driveway for 10 vehicles has direct exposure to Mayfield Rd. The property Includes a two storey detached home with a two-car garage. The property is uniquely positioned to benefit from major upcoming regional infrastructure development. It offers unmatched connectivity for future commercial, employment, or residential applications.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$4,137
Lot Size139.54 ft x 149.63 ft
mls© NumberW13511478
Listed ByRE/MAX PREMIER INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$8,957
Property tax
$345
Heat allowance
$150
Housing costs
$9,452 / mo

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

Down payment20% · $350,000
25-yr amortization

Income needed

$291,000

gross annual household income

Payment at 4%
$7,364 / mo
Cash down
$350,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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