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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Caledon
About 74 Ferrara Drive
Build your dream home in the prestigious Palgrave community of Caledon. This exceptional vacant residential lot offers approximately 1.503 acres on a quiet court, surrounded by executive estate homes and natural beauty. A subdivision agreement is in place, and a survey is available, providing added confidence for future development. Ideally located near Mount Wolfe Road and Old Church Road, this rare opportunity combines the tranquility of country living with convenient access to urban amenities. A fantastic opportunity to design and build a custom residence in one of Caledon's most sought-after neighbourhoods.
Caledon land priced at $875,000 — book a tour to see if it fits your search.
Inside 74 Ferrara Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
1.503
Listing & possession
Property class
Vacant Land
74 Ferrara Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14126666$875,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 74 Ferrara Dr 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
$4,299
/mo
based on the purchase price of $875,000
$175,000 cash
$700,000 financed
$589,584 total interest
Principal54%$700,000
Interest46%$589,584
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 Ferrara Drive? 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.
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Book a tour of 74 Ferrara Dr 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 74 Ferrara Dr 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.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings569Homes for sale here right now.
Median vs prior 90 days−6.4%Compared with May 2 – Jul 31, 2026: prices down.
Based on 316 sales from Jul 31 – Oct 29, 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 74 Ferrara Dr
How much is 74 Ferrara Dr listed for?
74 Ferrara Dr is listed at $875,000 (MLS® W14126666). Summitly updates the price as soon as the MLS® record changes.
Has the price of 74 Ferrara Dr changed?
No — 74 Ferrara Dr is still listed at its original asking price of $875,000.
How many bedrooms and bathrooms does 74 Ferrara Dr have?
The listing for 74 Ferrara Dr doesn't publish its bedroom and bathroom count. It is a lot in Caledon.
How much would the monthly mortgage be on 74 Ferrara Dr?
About $4,299 a month — principal and interest on $875,000 with 20% down ($175,000), 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 74 Ferrara Dr compare with other homes in Caledon?
Its asking price of $875,000 is about 14% below the median sold price in Caledon over the last 90 days, $1,012,500, across 316 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 74 Ferrara Dr been sold before?
Summitly has no earlier MLS® sale or lease of 74 Ferrara Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 74 Ferrara Dr?
74 Ferrara Dr is in Caledon, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 74 Ferrara Dr been on the market?
1 day — 74 Ferrara Dr was listed on October 28, 2026.
What is the lot size of 74 Ferrara Dr?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 74 Ferrara Dr?
About $13,975 in Ontario land transfer tax at the asking price of $875,000. 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 74 Ferrara Dr 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 74 Ferrara Dr?
The listing for 74 Ferrara Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Caledon.
