$699,000 - 1532 Queen Street, Caledon
Detached for Sale in Caledon
Neighbourhood: Alton
- MLS Number
- W13613198
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- The Richie Group Inc.
Commercially zoned Institutional, this property sits on a main street in Alton, offering excellent visibility and exposure. Backing onto the scenic Credit River, the setting is both peaceful and picturesque. The property is being sold primarily as land value, as the former church was extensively damaged by fire. The hamlet core has recently undergone significant revitalization with improved sidewalks, street lighting, landscaping, and access to nearby trails. Close to popular destinations including Ray's Bistro and the Alton Mill Arts Centre, known for its galleries, festivals, and classes. Strong area growth continues with nearby investment, including the expansion of Millcroft Inn and TPC Toronto at Osprey Valley-now home to Golf Canada's headquarters and host site of the Canadian Open. Permitted Institutional uses include a sports arena, wellness centre, place of worship, school, daycare, and more. Buyers to complete their own due diligence with the Town of Caledon regarding permitted uses.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Alton
Alton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Alton
- •Convenient location in Caledon
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Alton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1532 Queen Street, Caledon
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $999/sqft, this property is priced in line with current Caledon market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Caledon are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Alton
I know Alton well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Caledon properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.