$1,149,000 - 6 Palace Street, Caledon
Detached for Sale in Caledon
Popular ListingNeighbourhood: Mono Mills
- MLS Number
- W13661626
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- EXP REALTY
Nestled in the highly desirable, family friendly Mono-Mills community of Caledon, this beautifully updated detached raised bungalow is the family home you've been waiting for! Set on an expansive, exceptionally private yard surrounded by mature trees, lush landscaping & a garden shed, this property offers the perfect blend of comfort, space, privacy & modern updates. Step inside & you'll immediately appreciate the warm, inviting atmosphere & thoughtful renovations throughout. This home features 5 bedrooms & 2 beautifully updated bathrooms, making this the perfect property for growing families. The bright, open living room showcases a stunning bay window that fills the space with natural light, while gleaming hardwood floors & pot lights create a polished yet welcoming feel. The recently renovated kitchen is truly the heart of the home, featuring gorgeous granite countertops, a large island/breakfast bar, beautiful cabinetry & stainless- steel appliances. It's the perfect space for preparing family meals, entertaining guests or gathering together at the end of the day. The spacious dining room opens directly to the backyard , making indoor-outdoor entertaining effortless. The main floor offers 3 generously sized bedrooms, while the lower level provides 2 additional bedrooms, a beautifully renovated bathroom & an expansive recreation area that gives your family all the room it needs to relax, play & entertain. The lower level has been extensively renovated, including a brand new heat pump & furnace installed in 2025. Step outside & discover your own private backyard retreat. The large yard provides plenty of room for children to play, family gatherings, gardening and summer entertaining. Nearby parks, playgrounds and a basketball court are just steps away, offering an incredible setting for an active family. This is more than just a house-it's the complete family package with room to grow and all come together in one exceptional perfect property.
Estimate your monthly payments for this property
Estimated Payment
$5,082.41/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 $1045/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.
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 $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.