Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Rural Caledon. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $12,999,999 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.
Calling All Developers! An exceptional opportunity to acquire approximately 9.92 acres of prime land with 229.56 feet of frontage, identified within the Town of Caledon's Secondary Plan. Located in an area experiencing significant growth and development, this property presents outstanding long-term investment and redevelopment potential. Offered for sale for the first time in over 50 years, the property includes a lovingly maintained backsplit that is move-in ready and offers excellent potential for immediate use while future plans are pursued. Access to the interior of the home will be provided following receipt of an offer. The property is serviced by municipal water and natural gas. Ideally situated with convenience access to Highway 410 and 407, schools, shopping, public transit, and a short drive to the airport and GTA. This is a rare opportunity for developers, investors and land bankers alike. The property currently benefits from the Ontario Farm Property Class Tax Rate Program, resulting in property taxes being assessed at the reduced farm tax rate, subject to continued availability. Please do not walk the property without an appointment. No sign on the property!
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Golf, School
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5232 Mayfield Road, Caledon, ON L7C 0Z5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Caledon.
About Purchasing a Home in Caledon, ON
For a property listed at $12,999,999 in Caledon, the legal minimum down payment is $2,600,000 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 $311,475 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 $311,475.
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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.