$1,225,000 - 6 Palace Street, Caledon
Detached for Sale in Caledon
New — Listed yesterdayNeighbourhood: Mono Mills
- MLS Number
- W13523368
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- EXP REALTY
Nestled within a highly desirable, well- established, family friendly Mono-Mills neighbourhood in Caledon, sits this beautifully updated detached raised bungalow. Set on an expansive, very private yard this immaculate home is adorned with soaring trees, lush landscaped gardens and a garden shed. Your "to do list" is short and sweet with this move-in ready, 5 bedroom, 2 bathroom oasis! The bright, open concept main floor is filled with an abundance of nature lighting that shines through the beautiful bay window in the living room. Gleaming hardwood floors, pot lights, a stunning kitchen recently renovated with granite countertops, island/breakfast bar, gorgeous cabinetry & stainless steel appliances seamlessly flow into the Dining Room and Living areas-ideal for entertaining and everyday living. Your entertaining area expands through the patio sliding doors and onto the large wood deck over-looking the gardens. The main floor offers 3 generously sized bedrooms and a brand new (2025) 5 piece, luxurious bathroom complete with double sinks and a vanity area. The lower level was just entirely renovated (2025) and expands your living space including : spray foam all exterior walls, sound proof insulation in bedroom walls, update electrical wiring and panel to 200 AMP, pot lights, flooring, fresh paint as well as a gorgeous 3 piece bathroom complete with a walk-in glass shower! You'll also a find a spacious rec room in the lower level that can accommodate large family gatherings. Did I mention that there is a Brand New Furnace and Heat Pump just put in, in 2025. Enjoy peaceful country living surrounded by nature & stroll to the playground/basketball court which is literally a hop-skip-jump away. All of the amenities you need are just a short drive to get to as Airport Road & Highway 9 are easily accessible. Like I stated above, this home is truly move-in ready and is the "Perfect Property" for you to put down roots and start calling 6 Palace Street, HOME.
Estimate your monthly payments for this property
Estimated Payment
$5,418.59/mo
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 Mono Mills
Mono Mills 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 Mono Mills
- •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
Mono Mills 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.
6 Palace 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 $1114/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.
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.
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 Mono Mills
I know Mono Mills 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 $5,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.