$849,000 - 50 Ann Street Unit 314, Caledon
Condo for Sale in Caledon
85 days on market- MLS Number
- W12903332
- Property Type
- Condo
- Status
- active
- Days on Site
- 85
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Caledon
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/CIMERMAN REAL ESTATE LIMITED
Rarely Offered! Bright and spacious corner 2-bedroom + den, 2-bathroom suite in the heart of Bolton's vibrant downtown Heritage District. This 1,109 sq. ft living space, open-concept layout is one of the larger 2-bedroom units in the building and features 9-ft ceilings with unobstructed east-facing views.Upgraded throughout with new laminate flooring, custom California Closets in both bedrooms, additional 3 piece custom California built-ins in the living room, and cellular blinds. Modern kitchen with stone countertops, backsplash, double waterfall edge island and stainless steel appliances. Spacious living/dining area with a versatile den currently used as an extension of the living room. Walk-out to a generously sized private balcony.Prime location steps to the Humber River and the 6.8 km Humber Valley Heritage Trail, as well as restaurants, cafés, bakery, shops, banks, and clinics in Bolton's walkable downtown. Easy access to Highways 427 & 400.Building amenities include party room, guest suite, fitness centre, pet spa and rooftop terrace. Green-friendly building with SmartONE technology.Includes 1 owned underground parking space and 1 owned secured storage. Bell Fibe TV & Internet services package ($299/month value) included in maintenance fees.A must see!
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
50 Ann Street Unit 314, 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 $849/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.
Negotiation Opportunity
At 85 days on site, this property has exceeded the typical selling timeline for Caledon. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.
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 $3,538 (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.