$848,800 - 46 Waterbury Street, Caledon
Townhouse for Sale in Caledon
- MLS Number
- W13147636
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Caledon
- Listing Brokerage
- EXP REALTY
Welcome to this well-kept and newly renovated two-storey freehold townhouse in the highly sought-after Bolton East community. Featuring a bright open-concept layout, this home offers seamless flow from the living and dining areas into a refreshed modern kitchen complete with included appliances and direct access to a fully fenced backyard - perfect for entertaining, kids, or pets. Upstairs, you'll find three spacious bedrooms filled with natural light and generous closet space, along with three bathrooms throughout the home for added comfort and functionality. The unfinished basement offers incredible future potential for a recreation room, in-law suite, home gym, or additional living space - the possibilities are endless. Enjoy peace of mind with major updates already completed, including a brand-new furnace installed in 2025. Parking for up to three vehicles with a private driveway and garage adds everyday convenience. Ideally located near top-rated schools, parks, trails, bike paths, a vibrant community center, library, and dog parks, this home perfectly blends comfort, modern updates, and lifestyle appeal. An excellent opportunity for families or first-time buyers looking for move-in-ready living with future upside in a welcoming, family-friendly neighborhood. OPEN HOUSE Saturday May 30 and Sunday May 31 from 2-4pm! All are welcome!
Estimate your monthly payments for this property
Estimated Payment
$4,354.78/mo
Includes CMHC insurance ($23,682)
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.
46 Waterbury 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
Competitive Pricing
At $772/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.
Market Position
At 24 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.
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 $3,537 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.