12864 Innis Lake Rd
Caledon East, Caledon, L7C 2Y4
FOR SALE
$15,900,000
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BEDROOMS1
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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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-23 | 2024-10-23 | 183 | $15,900,000 | - | Expired |
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Property Details
Street
Community
City
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
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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 $14,964,000 (1,598.7%) higher than the average sold price of $936,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Caledon declined by $139,250 (13.0%) compared to the previous 30 day period (September 21 - October 20) and down $320,666 (25.5%) from the same time one year ago.Inventory Change
There were 10 2-bedroom homes listed in Caledon over the last 30 days (October 21 - November 19), which is up 66.7% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Caledon typically sold ($26,450) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,775 increase compared to the previous 30 day period (September 21 - October 20) 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 21 - November 19) stood at 20.0%, down from 66.7% over the previous 30 days (September 21 - October 20) and down from 30.0% 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 65 days when successfully sold over the last 30 days (October 21 - November 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Specialists Tavsells Inc.
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