$899,000 - 158 Ellwood Drive, Caledon
Detached for Sale in Caledon
New — Listed 4 days agoNeighbourhood: Bolton West
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- MLS Number
- W13844592
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Caledon
- Taxes (2026)
- $4,332
- Listing Brokerage
- COLDWELL BANKER SELECT REAL ESTATE
Excellent Opportunity on Bolton's South Hill! This fully renovated 3+2-bedroom Bungalow with in-law potential is meticulously maintained inside and out. What a perfect start for a first-time buyer that could generate an income downstairs to help with their mortgage or investor, because there is nothing left to do here. Great detail and quality went into all the renovations, from 5 1/2 " wide maple 3/4" hardwood floors thru/out the main floor, smooth ceilings with pot lights, upgraded trim and moldings. New maple kitchen with granite counters, gas stove and stainless-steel appliances. 3 good sized bedrooms with generous closets. Updated 4pc bathroom and all freshly painted. Self contained 2-bedroom basement apartment with ceramics and fresh kitchen with quartz counters. Gorgeous private manicured backyard with 16 x 30 covered patio and fully fenced. Beautifully landscaped, interlock walkways and patio surrounding the house. The huge bonus is the 16 x 32 detached garage/workshop with its own high efficiency furnace and 60-amp service. It is all spray foam insulated and has epoxy floors, Any man's Dream! Newly paved Double Car Driveway (2026) with parking for 7 cars. Enjoy the convenience of being within walking distance to shopping, restaurants, schools, and parks with easy access to major highways for commuters. A great combination of location, income potential, updates and opportunity. This one you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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 Bolton West
Bolton West 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 Bolton West
- •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
Bolton West 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.
158 Ellwood Drive, 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
Premium Pricing
At $1284/sqft, this property is priced above the Caledon average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Caledon's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Caledon.
About Bolton West
I know Bolton West 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.