$895,000 - 21 Morra Avenue, Caledon
Townhouse for Sale in Caledon
New — Listed 3 days ago- MLS Number
- W12934944
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- UNION CAPITAL REALTY
Welcome to this bright and beautifully upgraded freehold townhome that exudes luxury the moment you walk in located in a family friendly neighbourhood. Offering a functional and stylish layout, this home features a modern open-concept main floor with hardwood flooring, elegant wainscoting, pot lights, and a combined living and dining area overlooking the fully landscaped backyard oasis. The upgraded kitchen is equipped with quartz countertops, a stylish backsplash, smooth ceilings, stainless steel appliances, and ample cabinetry-perfect for everyday living and entertaining. Step outside to a beautifully maintained backyard featuring stone landscaping, outdoor pizza oven, and premium fence. Additional highlights include built-in garage with interior access, custom built-in bar for extra storage, custom closets, and numerous upgrades throughout. Conveniently located near Highway 50 and Albion Vaughan Road, offering easy commuting access. Close to excellent schools, parks, and walking trails, as well as shopping and everyday essentials in nearby Bolton. Enjoy proximity to local plazas, restaurants, and recreational amenities, making this an ideal location for families and professionals alike!
Estimate your monthly payments for this property
Estimated Payment
$4,591.81/mo
Includes CMHC insurance ($24,971)
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 Caledon
Caledon 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 Caledon
- •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
Caledon 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.
21 Morra Avenue, 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 25+ years of GTA real estate experience
Competitive Pricing
At $597/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Caledon have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.