5968 King Street, Caledon, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Rural Caledon. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,099,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 84.76 x 184.89 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient other heating
Description
A rare opportunity featuring commercial zoning with existing residential use and tremendous redevelopment potential. Located at the prominent, high-traffic intersection of Airport Road and King Street (Highways 7 & 9), this site is zoned CH 562 (By-law 2013-072, OMB Order No.PL130841, May 13, 2015), permitting a wide range of commercial uses. Uses include Motor Vehicle Repair Facilities, Drive-Through Services, Retail and Merchandise Stores, Restaurants, Convenience Stores, Warehouses, and more. Exceptional visibility and excellent access to major roadways make this a standout investment for developers and investors. Property is being sold in as-is condition. A truly outstanding opportunity not to be missed.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5968 King Street, Caledon, ON L7C 0R9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Caledon, ON
For a property listed at $1,099,999 in Caledon, the legal minimum down payment is $220,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,475 for this transaction. As this listing is in Caledon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.