17 Heather Street, Caledon

$699,999
17 Heather Street

$699,999

Price Change
28d
DetachedBungalow

17 Heather Street, Caledon

Total Monthly Obligation $3,536

Beds
3
Baths
2
Park
6
Sqft
700-1100
DOM
28d
Score
16
Yield
3.4%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-W13830506
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-100 × 150 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,046.69 (2026)
Parking-6 - None
Basement-Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-30 to 60 day's
Neighbourhood-Rural Caledon
Title-Residential Freehold

No agent assigned

Here's Your opportunity to own a 3-bedroom bungalow on an impressive 100' x 150' corner lot in a quiet country subdivision in Caledon! Situated in a peaceful rural setting with municipal water and natural gas, this property offers the space, location and flexibility buyers have been looking for.Inside, you'll find an updated kitchen, laminate flooring, 3 bedrooms and a 3-piece bathroom on the main level. The partially finished basement adds valuable additional space and features a second 3-piece bathroom and separate entrance - offering plenty of possibilities for future finishing, recreation space, a home office, hobby area or additional living space.Outside, the oversized corner lot gives you room to breathe, with parking for up to 6 vehicles and plenty of space for gardens, outdoor living, landscaping and more.This property is truly a diamond in the rough, offering an excellent opportunity for a buyer with vision to add their personal touches and unlock its full potential.Don't overlook the potential - bring your ideas and your vision! A large lot, bungalow layout, separate basement entrance and country setting create an opportunity you won't want to miss.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,536/mo
Mortgage $2,824
Monthly Loss $2,793
Principal$743
Interest$2,081
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,000/yr
NOI
$13,053/yr
Net Cash Flow
-$1,736/mo
Cash Margin
-86.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 17 Heather Street

Time

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Data last updated within the past 24 hours.