Lot 20 Hurontario Street, Caledon

We have found 2 Farm and Ranches that closely match the specifications of the property located at Lot 20 Hurontario Street with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 5,990,000 and 5,995,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Farm and Ranches in the L7X1X4 postal code area of Caledon Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Lot 20 Hurontario Street. The current price of the property is $8,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $6,800,000. This would result in a monthly mortgage payment of $39,748 over a 25-year amortization period.