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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-18 | 2023-11-08 | 82 | $9,950,000 | - | Expired |
| 2022-11-29 | 2023-03-31 | 123 | $14,500,000 | - | Expired |
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Property Description
This 31.96 Acres of Potential Development Land in the Town of Caledon is in an ideal location just East of Hwy 50, South of Hwy 9 abutting the north side of an existing subdivision within Palgrave's Residential Estate Community Policy Area 3. Water and natural gas are available. The Town of Caledon by-law describes this property as A2-ORM and EPA 2-ORM. Executive home development application being proposed across the road. Take advantage of the proposed development fee benefits of the More Homes Built Faster Act, 2022 or hold with the existing OFA tenant farmer in place until you are ready for future development. This property is not part of the Greenbelt. Survey on file. OFA tax credits applied. The vendor may consider a 1st VTB for a qualified buyer. Development changes, rezoning, servicing, HST are the responsibility of the Buyer. OFA Farmer has the rights to harvest crops until 2023.
Extras
Survey and OFA tax credit docs on file. The vendor may consider offering a Vendor Take Back (VTB) for qualified buyers. Buyers are responsible for development changes, zoning, servicing, HST. The property is zoned A2-ORM and EPA 2-ORM.
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
439' x 2,211'
Acreage
25-49.99
Lot Irregularities
Reverse L Shape
Fronting
West
Taxes
$5,637 (2023)
Heat Type
None
Air Conditioning
None
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Similar Listings
Welcome to Horse Courty. Caledon is a horse town. Between the Caledon Equestrian Centre in Palgrave and the many horse farms of varying sizes. Seize this exceptional opportunity to invest in farmland with over 31+ acres under the zoning of Palgrave's Residential Estate Community Policy Area 3, situated in the thriving Town of Caledon. With water and natural gas connections available on the north side of the existing subdivision, this prime location is perfect for developing an upscale farm of any kind. Benefit from lower property taxes with an existing OFA tenant farmer working the land. Ideal for designing, building and maintaining sustainable trails for hiking, horseback riding, bicycling, cross-country skiing and pasture for animals. Strategically positioned within the Oak Ridges Moraine designated development area and outside of the Greenbelt, this property offers a promising future. Survey and OFA tax credit documents are readily available on file for your convenience. The vendor may consider offering a Vendor Take Back (VTB) mortgage for qualified buyers. Buyers are responsible for any development changes, zoning, servicing, and HST. The property is currently zoned A2-ORM and EPA 2-ORM. Access the property off Doctor Reynar cul de sac & south of 17654 Mount Hope Rd, but exercise caution when parking on the road.
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