60 Ann Street Unit 309, Caledon

Price: $569,000

1 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12942124

Welcome to River's Edge Luxury Building, featuring a spacious and thoughtfully designed one-bedroom suite with 9-foot ceilings and two bathrooms. This bright, open-concept layout seamlessly combines the living, dining, and kitchen areas, enhanced by laminate flooring throughout the living room, dining room, and bedroom. The modern kitchen offers granite countertops, a convenient breakfast bar, and ample workspace-perfect for both everyday living and entertaining. The Walk-in Closet can be converted to a baby/toddler room. Exceptional building amenities, including visitor parking, indoor swimming pool, sauna, car wash, gym, party/games room and guest suite. Great location within walking distance to shops, parks, restaurants, library, community centers. This residence is set in a tranquil, scenic environment with just steps to the Humber Valley Heritage Trail where you can enjoy the views of the Humber River and surroundings. Move-in ready; closing anytime, unit is vacant.

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$569,000 - 60 Ann Street Unit 309, Caledon

Condo for Sale in Caledon

73 days on market
1Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12942124
Property Type
Condo
Status
active
Days on Site
73
Bedrooms
1
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Caledon
Locker
None
Exposure
South
Balcony
Juliette
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to River's Edge Luxury Building, featuring a spacious and thoughtfully designed one-bedroom suite with 9-foot ceilings and two bathrooms. This bright, open-concept layout seamlessly combines the living, dining, and kitchen areas, enhanced by laminate flooring throughout the living room, dining room, and bedroom. The modern kitchen offers granite countertops, a convenient breakfast bar, and ample workspace-perfect for both everyday living and entertaining. The Walk-in Closet can be converted to a baby/toddler room. Exceptional building amenities, including visitor parking, indoor swimming pool, sauna, car wash, gym, party/games room and guest suite. Great location within walking distance to shops, parks, restaurants, library, community centers. This residence is set in a tranquil, scenic environment with just steps to the Humber Valley Heritage Trail where you can enjoy the views of the Humber River and surroundings. Move-in ready; closing anytime, unit is vacant.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,919.26/mo

Includes CMHC insurance ($15,875)

$
$
5%10%50%

5-yr fixed avg.

Principal: $512,100Interest: $347,804
Mortgage Amount$527,975
Total Interest$347,804
Est. Property Tax$403/mo
Total Cost$875,779

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.

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Neighbourhood Guide: Caledon

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

60 Ann Street Unit 309, Caledon

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$403
Insurance (est.)-$119
Net Cash Flow+$823

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $813/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 73 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,371 (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.

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    MLS# W12942124 — 60 Ann Street Unit 309, Caledon | Battaglia Team