00 Mount Hope Rd, Caledon, Ontario L7B 1A8

$9,950,000
List Price
$9,950,000
MLS#
W8223684
Status
A
Type
Land
SubType
Vacant Land
Province
Ontario
Municipality
Caledon
Area
Peel
Neighborhood
Palgrave
Subdivision
Hwy 9 & Mount Hope

Property Description

Welcome to Horse Courty. Caledon is a horse town. Between the Caledon Equestrian Centre in Palgrave and the many horse farms of varying sizes. Seize this exceptional opportunity to invest in farmland with over 31+ acres under the zoning of Palgrave's Residential Estate Community Policy Area 3, situated in the thriving Town of Caledon. With water and natural gas connections available on the north side of the existing subdivision, this prime location is perfect for developing an upscale farm of any kind. Benefit from lower property taxes with an existing OFA tenant farmer working the land. Ideal for designing, building and maintaining sustainable trails for hiking, horseback riding, bicycling, cross-country skiing and pasture for animals. Strategically positioned within the Oak Ridges Moraine designated development area and outside of the Greenbelt, this property offers a promising future. Survey and OFA tax credit documents are readily available on file for your convenience. The vendor may consider offering a Vendor Take Back (VTB) mortgage for qualified buyers. Buyers are responsible for any development changes, zoning, servicing, and HST. The property is currently zoned A2-ORM and EPA 2-ORM. Access the property off Doctor Reynar cul de sac & south of 17654 Mount Hope Rd, but exercise caution when parking on the road.

Additional Information

Taxes
$5,636
Gas
A
Lot Depth
2211
Extras
Don't miss out on this forward-looking investment opportunity in Caledon's vibrant real estate and farming landscape. Please be mindful of the existing farmer crops.
Farm Agriculture
Hobby
Lot Frontage
439
Legal Description
PT LT 29 CON 7 ALBION AS IN RO453421 ; CALEDON
Zoning
Palgrave Res Estate Policy Area 3 A2-ORM

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY.