16067 Heart Lake Road, Caledon

Price: $4,900,000

4 bedrooms, 3 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12934578

91.139 Acres as per Geowarehouse, Appx 5000 Square Feet House, Large Principal Rooms, Short Distance to Pearson International Airport, Orangeville and Brampton, 2nd house is Barn, 2nd Floor in excellent condition to use for Office or Guest House or to Rent. Main Floor could be use as Horse Stalls or variety of other uses.

16067 Heart Lake Road - Detached photo 1 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 2 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 3 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 4 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 5 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 6 of 7 in Caledon, Ontario
16067 Heart Lake Road - Detached photo 7 of 7 in Caledon, Ontario
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$4,900,000 - 16067 Heart Lake Road, Caledon

Detached for Sale in Caledon

New — Listed 3 days ago
4Beds
3Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12934578
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Caledon
Listing Brokerage
COMMITMENT REALTY LTD.
Description

91.139 Acres as per Geowarehouse, Appx 5000 Square Feet House, Large Principal Rooms, Short Distance to Pearson International Airport, Orangeville and Brampton, 2nd house is Barn, 2nd Floor in excellent condition to use for Office or Guest House or to Rent. Main Floor could be use as Horse Stalls or variety of other uses.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$21,674.35/mo

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5-yr fixed avg.

Principal: $3,920,000Interest: $2,582,306
Mortgage Amount$3,920,000
Total Interest$2,582,306
Est. Property Tax$3,471/mo
Total Cost$6,502,306

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Caledon

Discover Caledon

Caledon is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Caledon

  • Convenient location in Caledon
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Caledon offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

16067 Heart Lake Road, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$3,471
Insurance (est.)-$1,021
Net Cash Flow-$442

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1400/sqft, this property is priced above the Caledon average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Caledon's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Caledon are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Caledon. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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