00 Mount Hope Rd

Vacant Land For Sale in Palgrave, Caledon

$9,950,000
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.
Address 00 Mount Hope Rd
List Price $9,950,000
Property Type Free
Type of Dwelling Vacant Land
Area Caledon
Sub-Area Palgrave
MLS® Number W8223684
Listing Brokerage ROYAL LEPAGE MEADOWTOWNE REALTY
Postal Code L7B 1A8
Tax Amount $5,637
Tax Year 2023

Request More Info or a Showing

Wendy McFadden

Welcome Home Real Estate Ltd. Brokerage

2 WOODLAND HEIGHTS DR EVERETT ON L0M1J0

Mobile: 705.890.4663

Office: 705.434.4904

Email Directly