Caledon
Why invest In Caledon
Caledon is a town in the Greater Toronto Area in southern Ontario with a population of 76,581 as of 2021. This town is a part of the Regional Municipality of Peel at the northwest of Brampton. Caledon is an emerging housing market in the GTA and derives much of its appeal from its rural streetscape and natural greenery. Caledon is an emerging destination for residents of the GTA looking for respite from the urban hustle and bustle of the big cities in the region. Caledon’s townhomes and single-family homes are in high demand due to the influx of new residents in recent years. Caledon ranks 5th among the fastest-growing communities in the GTA and investors are showing increasing interest in this housing market. Caledon’s resale prices grew at the rate of 7.8% year on year in the last ten years on average. This town’s rental rates also grew at the rate of 4.4% on average year on year in the last 10 years. These numbers are on a constant upward trend and continue to bring new and experienced investors in.
Things To Do In Caledon
Caledon has a rich arts and culture scene, and residents can discover this through performing arts, art galleries and historic exhibits. Residents often visit The Alton Mill Arts Centre and Peel Art Gallery, Museum and Archives for contemporary and historic art exhibits. Caledon’s history is reflected in the many vintage architectural structures spread out across the town that can make for an interesting day out in the town. Some of these structures include Caledon Trailway, Alton Mill, Millcroft Inn, Hair Pin Turn and Old Township Hall. Caledon’s trails and natural spaces like Humber Valley Trail, Bruce Trail, Oak Ridges Trail and Belfountain Conservation Area are well-known spots for residents to spend time discovering the town’s natural beauty. Forks of the Credit Provincial Park is a large conservation area in Caledon that features waterfalls, skiing, fly-fishing and hiking. Caledon also offers sports and recreational facilities for specific interests and hobbies.
Education & Employment In Caledon
Caledon has French and English language school boards operating many primary and elementary schools in close proximity to residential areas of the town. The town also features private schools. For higher education, Brampton’s Sheridan College campus offers vocational and career-oriented degrees and programs. Caledon’s major industries are construction, manufacturing, agriculture, tourism and government. Canadian Tire’s largest distribution centre is located in Caledon. Some major employers in the town are Amazon Distribution Centre, Mars Canada, Nesel Fast Freight and Multi Vans. Caledon has a low unemployment rate of 4.1%.
Transit & Connectivity In Caledon
Public transit in Caledon is supported by Brampton Transit and GO Transit. There are two bus routes that run to and from Caledon, connecting residents to the rest of the Greater Toronto Area. These Go Transit routes also connect to Kitchener and Orangeville. Major highways in Caledon are Peel Regional Road 7, HWY 410, HWY 10 and Peel Regional Road 50. These arteries connect to the 400 series and make driving in and around the Peel Region and GTA very fast and convenient. Downtown Toronto is a 48-minute drive via HWY 410 from central Caledon.
Average Condo Price
$100,000
$100,000
Average Townhome Price
$100,000
$100,000
Average Detached Price
$100,000
$100,000
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