7236 Mayfield Rd
Rural Caledon, Caledon, L7C 0Z9
FOR SALE
$5,499,900
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BEDROOMS3
BATHROOMS1 + 1
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Property Description
Rare investment opportunity! This 2.49-acre property, currently under conversion to commercial zoning, is located in a rapidly growing area. The charming bungalow sits on a large, flat lot with no homes behind, offering privacy and serene views. Featuring municipal water and natural gas, the home includes 3 bedrooms, 3 garages, an updated kitchen, an updated furnace, a wood-burning fireplace, a formal living and dining room, a large foyer, and a spacious unfinished basement with 2 cold rooms. Ideal for investors looking to capitalize on future commercial potential!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-26 | 2022-12-12 | 139 | $4,899,000 | $3,600,000 | Sold |
| 2022-07-26 | 2022-10-27 | 93 | $4,899,000 | - | Expired |
| 2022-04-21 | 2022-06-30 | 70 | $5,199,000 | - | Expired |
| 2022-02-18 | 2022-04-20 | 61 | $6,249,000 | - | Terminated |
Nearby Intersections
Gore & Mayfield (4)
Countryside & McVean (36)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
247' x 443'
Fronting
North
Taxes
$8,421 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
20
Driveway
Available
Garage Type
Attached
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Caledon Market Statistics
Caledon Price Trend
7236 Mayfield Rd is a 3-bedroom 3-bathroom home listed for sale at $5,499,900, which is $4,390,613 (395.8%) higher than the average sold price of $1,109,287 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 3 bedroom home in Caledon declined by $42,940 (3.7%) compared to the previous 30 day period (September 15 - October 14) and down $1,077,346 (49.3%) from the same time one year ago.Inventory Change
There were 42 3-bedroom homes listed in Caledon over the last 30 days (October 15 - November 13), which is down 34.4% compared with the previous 30 day period (September 15 - October 14) and down 31.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Caledon typically sold ($25,481) (2.3%) below asking price over the last 30 days (October 15 - November 13), which represents a $5,232 increase compared to the previous 30 day period (September 15 - October 14) and ($241,888) 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 15 - November 13) stood at 78.6%, up from 34.4% over the previous 30 days (September 15 - October 14) and up from 24.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Caledon stood at 38 days when successfully sold over the last 30 days (October 15 - November 13), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Silvercity Realty Inc.
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