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Calling all builders & developers! Discover the ultimate blend of tranquility and potential at 58 Old King Rd. Nestled atop a hill, this large brick bungalow offers breathtaking views of Bolton's Valley and 100s of acres of conservation. Spanning a generous 132 x 103' double lot, property can be severed into two parcels for constructing custom homes, or kept as is to renovate or build your dream home. Enjoy unobstructed vistas of conservation land and the Humber River from a property not within flood plain boundaries, simplifying building code requirements exponentially. Conveniently located well-within the future Highway 413 expansion area. Whether you're a developer or a family seeking the perfect canvas, 58 Old King Rd offers unmatched potential and exceptional views. Current configuration features two separate dwelling units; 3 beds + 2 baths on main & 2 beds + 1 bath on lower. Seller can provide vacant possession OR willing to stay and sign 1-year leaseback. Nearly $6,000/mo of potential rental income.
All Existing Appliances. All Elfs & Window Coverings. *Hot Water Tank Rental.
City: Caledon
Neighborhood: Bolton East
Purchase Price | $1449900 |
Down Payment | $289980 |
Mortgage Insurance | $0 |
Total Mortgage | $1159920 |
Mortgage Payment | $7148 |
Property Taxes | $373 |
Maintenance Fees | $0 |
Monthly Payment | $7521 |
Sold Comparables homes near 58 Old King Rd, Caledon
Located at 58 Old King Rd , this Caledon house is available for sale. This property was listed for $1,449,900 on Thu Apr 03 2025. This house's size is < 700 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Living, Kitchen, 4th Br, 5th Br. This property comes with 11 parking spots. 58 Old King Rd, Caledon is situated in the Bolton East neighbourhood.
MLS#: W12053074 · $1,449,900 · 3 bedroom house in Bolton East, Caledon