Caledon Condos
Townhouses are also included in the housing stock in Caledon, but single condominium homes make up the overwhelming majority of the city’s housing stock. In this region of the Greater Toronto Metropolitan Area, about 30 percent of the housing properties were developed after the year 2000, while the majority of the remaining structures were constructed before 1960 and during the 1960s.
This beautiful town is mainly composed of 3 bedrooms and four or more bedroom apartments and homes. In the municipality, homeowners occupy about 90 percent of the apartments while renters occupy the remaining 10 percent which are rented. A huge portion of homeowners represent the affordability of homes in the town.
Number of listings and average price
Caledon homes have 580 listings. Listings are of three types in Caledon that include active listings, sold listings and new listings. All of these listings are different in different construction styles. Condominium homes have 6 new listings, 3 sold listings and 4 active listings. These listings are different for different numbers of bedrooms. A one bedroom condominium has 7 new listings, 5 sold out listings and new listings. Similarly, two bedroom condominiums have 5 new listings, 3 sold listings and 7 active listings. And in the same way 3 bedroom condos have 11 new listings, 12 sold listings and 15 active listings.
The average price for Caledon condos for sale in 2009 was $215K. As of today, the city has an average price of $1,216,993 as indicated by recent MLS statistics. The city has 23 median days to sell a home in the real estate market. Prices are different for different construction styles. Condominiums have an average price of $799K while the price was $709K about six months ago. This is not a significant rise. Townhomes have an average price of $959K while those of detached homes have an average price of $1.4M. All of these prices show that condominiums are the most affordable among all these styles.
Features and Amenities
Buying a condo has its allure because they are frequently less expensive than single-family homes and are frequently situated in more desirable areas, such as city centers. Military personnel who frequently relocate may find them to be a wise choice as they can finance a condo with a VA loan.
When moving into a new home, you must have certain amenities, such as contemporary fittings, kitchen appliances, lighting fixtures, and ceiling fans as well as high-tech home security systems. Not every house has everything. But Caledon condos will provide you the most of these amenities.
Condos available within 550K
A two bedroom and two bathroom condo of around 700 to 799 sq ft is for sale at 15842 AIRPORT RD, CALEDON CANADA. This amazing condo is only for $550,000. Similarly, another 2 bedroom and 1 bathroom condo is for sale at 4 WALKER RD W, CALEDON, CANADA. You can own this beautiful condo for $560,000. The city has a number of such condos available for sale.
Some more about Caledon
Caledon has the most affordable homes. It is the 23rd fastest growing city in Canada and 18th fastest selling city.