Caledon Real Estate

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Real estate roundup: Caledon, ON housing market overview

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There are 152 houses for sale in Caledon, ON.

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CITY GUIDE
CALEDON, ONTARIO

Caledon is a city in Canada located in the province of Ontario.

It is part of the Regional Municipality of Peel.

It has a population of over 59,000 people and reaches an area of 688 square kilometers.

Although there are urban areas throughout the town, it is mostly rural.

Caledon has been named the safest town in Canada by Maclean’s Magazine.

Caledon is a very scenic town, which is attributed by an abundance of trails and conservation areas.

It is also rich in sports and golf courses.

KEY FACTS:

Caledon, Ontario

Caledon, Ontario

  • Country: Canada

  • Province: Ontario

  • Nickname(s): -

  • Population: 59,460

  • Area:

    Land: 688.15 km2

Entertainment and Tourism

Caledon has plenty of park space that offers activities from swimming, biking, hiking and more. One interesting area to visit is the Cheltenham Badlands. The badlands make for some stunning scenery and reveal a lot about Caledon’s history in this area. Another place to visit is the Terra Cotta Conservation Area. This is a beautiful area that makes for a great day out enjoying nature. It offers beautiful scenery, yoga in the summer and snowshoeing in the winter. As for sports, Caledon offers hockey, lacrosse and even an equestrian park. The town has junior and minor hockey teams. Some of the hockey teams are the Caledon Hawks, and a girls’ hockey team called the Caledon Coyotes. Lacrosse also offers junior and minor teams. In Caledon, some arenas the lacrosse teams play at are the Caledon East Arena and the Mayfield Arena. For horse lovers, the city has the Caledon Equestrian Park where horse-related events and festivals are held. The park was also the host of the 2015 Pan Am Games. There are many golf courses in Caledon and the surrounding areas. Osprey Valley Golf Course is a course with 18 holes. The scenery surrounding the courses is breathtaking. The three courses here are public, and they have all made it on ScoreGolf’s Top 100 courses in Canada list.

Entertainment and Tourism
Neighbourhoods

Main Sections of the City

Caledon can be divided into two parts: East Caledon and West Caledon.

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Neighbourhoods

East Caledon

East Caledon consists of the communities of Bolton, Caledon East and Palgrave. Bolton is the largest urban area in Caledon with plenty of amenities around. Even though it is an urban area there is still an abundance of scenery here with the Humber Valley Heritage Trail located in this community. Events are often held here for residents. Shopping and dining is plentiful in the neighbourhood and young families and elders reside in this community. Caledon East like many of the other communities also has trails to experience the outdoors. There are gardens here and events are held to entertain the residents. Mostly young families reside in Caledon East. Palgrave is home to the Caledon Equestrian Park and the community is surrounded by breath taking scenery found in the conservation area. The residents here are mostly young families.

West Caledon

West Caledon consists of the communities of Belfountain, Cheltenham, Alton, Inglewood and Caledon Village. Belfountain has many areas filled with nature and historic sites. There are also coffee shops and restaurants here as well. Cheltenham has a smaller town feel. It has many places for hiking, fishing and other activities. The Caledon Country Club is also here, providing a close location for golfers in the area. People aged 40 and up typically occupy this community. Alton also has a small town feel, and it is a hub for history. There is a mill and a museum in the community. There are shops and a café here as well as the Osprey Valley Golf Course. Inglewood is home to the Caledon Trailway, a great place to get into the great outdoors while participating in your favourite outdoor activities. The neighbourhood is occupied by residents over the age of 40. Caledon Village is more of a quiet community, but still has some attractions for residents. There are often events held here at the fairgrounds and festivals. Many young families reside here as well.

Real Estate Market

Homes in Belfountain are mostly detached homes. The homes tend to be older in this neighbourhood. Properties are quite affordable and the houses can be found in some interesting locations. Some are tucked away and some are placed on ledges. Cheltenham has detached and bungalows. The properties are older and they range in affordability. Some properties are quite large and spacious in this community. Cottages are also found here and tend to be affordable. In Alton, there are bungalows. The houses here are quite affordable. Most properties are owned and a small percentage of them are rented. The houses are newer in this neighbourhood. Inglewood has single-family homes. Many homes in Inglewood have been renovated. The homes are typically more expensive in this area and lot sizes can vary. Caledon Village has semi-detached and detached homes. The homes are large and the yards offer plenty of space, which is why it is a great community for families. Properties here are generally affordable and most are owned. Bolton has detached and semi-detached homes as well as townhouses and condominiums. The properties in this community are very affordable. Caledon East has townhouses, detached and semi-detached homes. The properties are affordable in this community. The houses can be older and most properties are owned. Palgrave has detached homes. The properties in this community are affordable as well.

  • Average Home Price: $868,900
  • Average Rent Price: Not available
  • Average Condo Price: $575,250
  • Average Detached Home Price: $848,954
Home Style Average Price
2 storey Not available
Bungalow Not available
Condo $575,250

The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Ontario and Canadian centers.

Education

Education

Caledon has two English and two French school boards. The English boards are: the Peel District School Board and the Dufferin-Peel Catholic School Board. The French boards are: Conseil scolaire Viamonde and Conseil scolaire de district catholique Centre-Sud. The high schools in Caledon have been rated within the top third in the province. For post-secondary education, there are many options surrounding Caledon. Schools such as Kings College and Algoma University can be found in neighbouring areas near the city.

Education

Economic overview

There are many strengths in Caledon’s economy. It has a strong agricultural industry, and it is part of the Greater Toronto Area. Despite its strengths, Caledon has objectives to improve the economy further and provide its residents with a high quality of life. Caledon has been named “Ontario’s Greenest Community” and “Canada’s Safest Community” giving it a good reputation with businesses and individual residents alike. The Caledon Small Business Centre is present in the city to aid small businesses by giving them the resources they need to succeed. Caledon has the highest income out of all of the cities in the Peel Region. It also has the lowest unemployment rate. 72.3% of residents are employed making it the highest in the region as well. Caledon houses a great workforce to output to businesses in the area.

Economic