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Property Description
**Prime Development Opportunity in Inglewood, Caledon** Located in the charming and highly sought-after village of Inglewood, within the picturesque Town of Caledon, this property offers immense potential for investors, builders, and developers. Situated on a spacious 135 x 134 ft private lot, it provides an exceptional canvas for future development. Recent severances on similar-sized properties along Lorne Street highlight the growing opportunity in this desirable area. With the appropriate planning approvals from the Town of Caledon and other governing bodies, this lot holds the potential to be subdivided into two prime parcels, offering endless possibilities for custom home builds or resale.
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Extras
Inglewood's unique village charm, proximity to trails, parks, and amenities, combined with its high demand, makes this property an outstanding investment. Don't miss this rare opportunity to capitalize on a thriving community in Caledon!
Property Features
Electric Car Charger, Fenced Yard, Library, Park, River/Stream, Skiing
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
136' x 132'
Fronting
West
Taxes
$4,050 (2024)
Basement
Part Bsmt
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 6.86' x 17.85' | W/O To Deck |
Dining | Main | 11.06' x 19.65' | |
Living | Main | 15.26' x 17.36' | W/O To Porch |
Den | Main | 7.61' x 9.32' | |
Br | 2nd | 9.58' x 9.97' | |
Br | 2nd | 17.88' x 11.32' | |
Utility | Bsmt | 16.67' x 22.60' |
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Caledon Market Statistics
Caledon Price Trend
25 Lorne St is a 3-bedroom 2-bathroom home listed for sale at $988,800, which is $95,422 (8.8%) lower than the average sold price of $1,084,222 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Caledon declined by $30,088 (2.7%) compared to the previous 30 day period (September 24 - October 23) and down $789,684 (42.1%) from the same time one year ago.Inventory Change
There were 47 3-bedroom homes listed in Caledon over the last 30 days (October 24 - November 22), which is down 28.8% compared with the previous 30 day period (September 24 - October 23) and down 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Caledon typically sold ($24,772) (2.3%) below asking price over the last 30 days (October 24 - November 22), which represents a $7,334 increase compared to the previous 30 day period (September 24 - October 23) and ($208,395) 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 3-bedroom homes in Caledon over the last 30 days (October 24 - November 22) stood at 57.4%, up from 43.9% over the previous 30 days (September 24 - October 23) and up from 30.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Caledon stood at 33 days when successfully sold over the last 30 days (October 24 - November 22), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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