How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Caledon
About 16114 Airport Road
This exceptional 10-acre development parcel presents a rare opportunity in the heart of Caledon East. Primely located on Airport Road, the property has Draft Plan Approval for 32 townhomes and a 10,000 sq. ft. commercial plaza, while incorporating an impressive approximately 5,000 sq. ft. heritage residence. Situated in a prime downtown location within one of Caledon's rapidly growing communities, the property offers an excellent combination of residential and commercial development potential. Caledon East is known for its charming village atmosphere and country character while providing convenient access to major urban centres. The site is ready to move forward, offering developers and investors an outstanding opportunity in a highly desirable location, less than a 10-minute drive north of Brampton. Please see the attached Site Plan Development concept / Draft Approval Conditions / Notice of Adoption Document for additional details.
Caledon land priced at $9,800,000 — book a tour to see if it fits your search.
Inside 16114 Airport Rd
Every detail from the listing, in one place.
Type
Land
Lot size
514.68 x 703.51 Feet (Widens At Back To 765.70)10.13 sq ft
Features & systems
Lot & land
Lot dimensions
514.68 x 703.51 Feet (Widens At Back To 765.70)
Lot size (sqft)
10.13
Lot features
Irregular Lot
Listing & possession
Property class
Vacant Land
16114 Airport Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13700336$9,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 16114 Airport Rd Compares to the Caledon Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$48,144
/mo
based on the purchase price of $9,800,000
$1,960,000 cash
$7,840,000 financed
$6,603,338 total interest
Principal54%$7,840,000
Interest46%$6,603,338
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Airport Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 16114 Airport Rd with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 16114 Airport Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 16114 Airport Rd
Homes for sale in Caledon
Every active Caledon MLS® listing, updated all day.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings578Homes for sale here right now.
Median vs prior 90 days−4.4%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 308 sales from Jul 25 – Oct 23, 2026 (223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 16114 Airport Rd
How much is 16114 Airport Rd listed for?
16114 Airport Rd is listed at $9,800,000 (MLS® W13700336). Summitly updates the price as soon as the MLS® record changes.
Has the price of 16114 Airport Rd changed?
No — 16114 Airport Rd is still listed at its original asking price of $9,800,000.
How many bedrooms and bathrooms does 16114 Airport Rd have?
The listing for 16114 Airport Rd doesn't publish its bedroom and bathroom count. It is a lot in Caledon.
How much would the monthly mortgage be on 16114 Airport Rd?
About $48,144 a month — principal and interest on $9,800,000 with 20% down ($1,960,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16114 Airport Rd compare with other homes in Caledon?
Its asking price of $9,800,000 is about 858% above the median sold price in Caledon over the last 90 days, $1,022,500, across 308 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16114 Airport Rd been sold before?
Summitly has no earlier MLS® sale or lease of 16114 Airport Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16114 Airport Rd?
16114 Airport Rd is in Caledon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16114 Airport Rd been on the market?
63 days — 16114 Airport Rd was listed on August 21, 2026.
What is the lot size of 16114 Airport Rd?
The lot measures 514.68 × 703.51 Feet (Widens At Back To 765.70) (17.495 acres), as published in the listing.
What is the land transfer tax on 16114 Airport Rd?
About $231,475 in Ontario land transfer tax at the asking price of $9,800,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 16114 Airport Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 16114 Airport Rd?
The listing for 16114 Airport Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Caledon.