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15685 INNIS LAKE ROAD, Caledon — listed at $899,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to a truly unique property offering an exceptional blend of investment potential, versatility, and expansive land in a highly desirable location. Discover a rare investment opportunity with living and income-generating potential in a desirable location just minutes from Brampton in Caledon. Situated on approximately 1.44 acres, this unique property features three separate buildings comprising a reported 3,753 sq. ft. Fourplex and two additional self-contained units, offering a total of six potential residential accommodations. An excellent opportunity for buyers seeking to occupy one unit while potentially generating rental income from the others, subject to applicable requirements. The property has separate utility metering, providing added convenience for multi-unit use. Enjoy the benefits of expansive land, proximity to urban amenities, and potential long-term flexibility. Property is being sold in "AS IS, WHERE IS" condition. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Lower level | 4.9 x 3.65 meters |
| Living room | Main level | 5.52 x 4.94 meters |
| Kitchen | Main level | 2.23 x 2.68 meters |
| Primary Bedroom | Main level | 3.72 x 3.05 meters |
| Bedroom 2 | Main level | 2.59 x 2.47 meters |
| Bedroom 3 | Main level | 7 x 3.6 meters |
| Living room | Main level | 5.02 x 3.6 meters |
| Kitchen | Main level | 3.6 x 2.74 meters |
| Primary Bedroom | Main level | 4.39 x 2.59 meters |
| Bedroom 2 | Main level | 2.44 x 2.01 meters |
| Den | Main level | 2.68 x 1.7 meters |
| Dining room | Lower level | 4.9 x 3.65 meters |
| Living room | Main level | 7.68 x 2.93 meters |
| Kitchen | Lower level | 3.66 x 2.44 meters |
| Kitchen | Main level | 2.8 x 2.77 meters |
| Primary Bedroom | Main level | 2.93 x 2.87 meters |
| Primary Bedroom | Lower level | 4.3 x 3 meters |
| Bedroom 2 | Lower level | 3.38 x 3.08 meters |
| Bedroom 3 | Lower level | 2.65 x 2.5 meters |
| Living room | Lower level | 5.03 x 3.65 meters |
| Kitchen | Lower level | 3.6 x 2.74 meters |
| Primary Bedroom | Lower level | 4.45 x 2.53 meters |
| Bedroom 2 | Lower level | 3 x 2.4 meters |
How is the home heated? Is it efficient?+
Heating is propane, other, other. Ask for past utility bills to understand real heating costs.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Caledon before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,380.08, heating is propane, other, other. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 20 spaces — No Garage.
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