1532 Queen Street, Caledon

$699,000
1532 Queen Street

$699,000

New
23d
DetachedOther

1532 Queen Street, Caledon

Total Monthly Obligation $3,739

Beds
0
Baths
0
Park
3
Sqft
700-1100
DOM
23d
Score
15
Yield
3.3%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-W13844898
Beds-0
Size-700-1100 sqft
Lot Size-120.38 × 49.55 ft
Listed on site-Sep 30, 2026
Style-Other
Building Type-Detached
Taxes-$6,537.97 (2025)
Parking-3 - None
Basement-Other
Heating-Other (Other)
Brokerage-The Richie Group Inc.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Metal
Foundation-Unknown
Sewer-Other
Possession-Immediate
Neighbourhood-Alton
Title-Residential Freehold

No agent assigned

Commercially zoned Institutional and prominently positioned on a main street in the heart of Alton, this unique property offers excellent visibility, strong exposure and a highly attractive Credit River setting. The property is being offered primarily for its land and redevelopment value, as the former church building sustained extensive fire damage. The surrounding hamlet core has benefited from significant streetscape improvements, including upgraded sidewalks, street lighting, landscaping and improved connections to nearby trails, creating an increasingly attractive setting for future commercial or institutional use. Located close to established local destinations such as Ray's Bistro and the Alton Mill Arts Centre, the property also benefits from continued investment throughout the area. Nearby attractions and developments include the Millcroft Inn, TPC Toronto at Osprey Valley, Golf Canada's headquarters and the Canadian Open host site, all contributing to growing regional profile and traffic. Institutional zoning permits a variety of potential uses, including a sports arena, wellness centre, place of worship, school, daycare and other permitted institutional uses, so long as they conform to all lot requirements. A rare opportunity to acquire a visible, well-located property in one of Caledon's most distinctive hamlets and a scenic river backdrop. Buyers are advised to complete their own due diligence with the Town of Caledon regarding zoning, permitted uses, development requirements and approvals.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,739/mo
Mortgage $2,820
Monthly Loss $2,997
Principal$742
Interest$2,078
Property Tax$545
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.9%0
5-Year IRR
3.2%7
10-Year IRR
5.5%
Returns Index
4.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$23,268/yr
NOI
$9,903/yr
Net Cash Flow
-$1,994/mo
Cash Margin
-102.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
20.9/ 100

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

Comparables

Properties near 1532 Queen Street

Time

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Data last updated within the past 24 hours.