12864 Innis Lake Rd

FOR SALE
$15,900,000
12864 Innis Lake Rd, Caledon
12864 Innis Lake Rd
12864 Innis Lake Rd
12864 Innis Lake Rd
12864 Innis Lake Rd
12864 Innis Lake Rd
12864 Innis Lake Rd
12864 Innis Lake Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
W10405687
MLSID
Contact Us
Property Description
Nestled in The White belt, this property boasts 10 sprawling Acres Located in a rapidly growing area within close proximity to the future Hwy 413 as Well as Amazon & Canadian Tires Mega Distribution Centers. At its heart sits a charming 2-bedroom home. The property greets you with a 400-foot frontage. Positioned strategically close to major distribution centers, this property offers unparalleled convenience for businesses seeking efficient logistics operations. Whether you're looking to escape to a tranquil countryside haven or capitalize on its strategic location for commercial endeavors, this property offers the best of both worlds. Please See Attached Land Survey.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-23 2024-10-23 183 $15,900,000 - Expired
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
400' x 1,000'
Fronting
East
Taxes
$2,061 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Caledon Market Statistics
Caledon Price Trend
12864 Innis Lake Rd is a 2-bedroom 1-bathroom home listed for sale at $15,900,000, which is $14,932,334 (1,543.1%) higher than the average sold price of $967,666 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 2 bedroom home in Caledon declined by $10,000 (1.0%) compared to the previous 30 day period (September 14 - October 13) and down $289,000 (23.0%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Caledon over the last 30 days (October 14 - November 12), which is down 0.0% compared with the previous 30 day period (September 14 - October 13) and down 45.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Caledon typically sold ($35,266) (3.6%) below asking price over the last 30 days (October 14 - November 12), which represents a $2,700 increase compared to the previous 30 day period (September 14 - October 13) and ($65,966) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Caledon over the last 30 days (October 14 - November 12) stood at 50.0%, down from 50.0% over the previous 30 days (September 14 - October 13) and up from 27.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Caledon stood at 27 days when successfully sold over the last 30 days (October 14 - November 12), compared to 87 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Specialists Tavsells Inc.
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