Calling All Developers! An exceptional opportunity to acquire approximately 9.92 acres of prime land with 229.56 feet of frontage, identified within the Town of Caledon's Secondary Plan. Located in an area experiencing significant growth and development, this property presents outstanding long-term investment and redevelopment potential. Offered for sale for the first time in over 50 years, the property includes a lovingly maintained backsplit that is move-in ready and offers excellent potential for immediate use while future plans are pursued. Access to the interior of the home will be provided following receipt of an offer. The property is serviced by municipal water and natural gas. Ideally situated with convenience access to Highway 410 and 407, schools, shopping, public transit, and a short drive to the airport and GTA. This is a rare opportunity for developers, investors and land bankers alike. The property currently benefits from the Ontario Farm Property Class Tax Rate Program, resulting in property taxes being assessed at the reduced farm tax rate, subject to continued availability. Please do not walk the property without an appointment. No sign on the property!
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $6,500 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 5232 Mayfield Rd
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 3
Living space
2000-2500 sq ftas stated on the listing
Parking
10 spacesYes garage
Basement
Crawl Space, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Crawl Space · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 3
Property class
Detached
5232 Mayfield 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® W13527180$12,999,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5232 Mayfield Rd Compares to the Caledon Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$63,865
/mo
based on the purchase price of $12,999,999
$2,600,000 cash
$10,399,999 financed
$8,759,529 total interest
Principal54%$10,399,999
Interest46%$8,759,529
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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
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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.
Similar homes for sale nearby in Caledon
Other 4-bed homes for sale in Caledon around $13M.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings541Homes for sale here right now.
Median vs prior 90 days−5.2%Compared with May 11 – Aug 9, 2026: prices down.
Based on 312 sales from Aug 9 – Nov 7, 2026 (234 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 5232 Mayfield Rd
How much is 5232 Mayfield Rd listed for?
5232 Mayfield Rd is listed at $12,999,999 (MLS® W13527180). Summitly updates the price as soon as the MLS® record changes.
Is $12,999,999 a good price for 5232 Mayfield Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Caledon. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5232 Mayfield Rd changed?
No — 5232 Mayfield Rd is still listed at its original asking price of $12,999,999.
How many bedrooms and bathrooms does 5232 Mayfield Rd have?
5232 Mayfield Rd has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Caledon.
How much would the monthly mortgage be on 5232 Mayfield Rd?
About $63,865 a month — principal and interest on $12,999,999 with 20% down ($2,600,000), 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 5232 Mayfield Rd compare with other homes in Caledon?
Its asking price of $12,999,999 is about 1187% above the median sold price in Caledon over the last 90 days, $1,010,000, across 312 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 5232 Mayfield Rd been sold before?
Summitly has no earlier MLS® sale or lease of 5232 Mayfield Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5232 Mayfield Rd?
5232 Mayfield Rd is in Caledon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5232 Mayfield Rd been on the market?
124 days — 5232 Mayfield Rd was listed on July 6, 2026.
What is the price per square foot of 5232 Mayfield Rd?
About $5,200 to $6,500 per square foot: the asking price of $12,999,999 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 5232 Mayfield Rd have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 5232 Mayfield Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Finished.
