58 Old King Road

Introducing a remarkable opportunity to acquire a house for sale in Caledon , located at 58 Old King Road, Caledon. This exceptional property is a large brick bungalow that embodies both tranquillity and immense potential. Nestled atop a hill, this residence boasts breathtaking views of Bolton's Valley and hundreds of acres of conservation land, making it an ideal setting for those who appreciate nature and privacy.

The house for sale in Caledon sits on a generous 132 x 104-foot double lot, which presents a unique opportunity for builders and developers. The property can be severed into two parcels, allowing for the construction of custom homes, or it can be retained as is for those looking to renovate or build their dream home. The unobstructed vistas of conservation land and the Humber River are particularly appealing, as the property is situated outside of flood plain boundaries, simplifying building code requirements significantly. This advantageous location is also conveniently positioned within the future Highway 413 expansion area, enhancing its accessibility and potential value.

The current configuration of the house for sale in Caledon features two separate dwelling units. The main level comprises three bedrooms and two bathrooms, providing ample space for families or guests. Additionally, the lower level includes two bedrooms and one bathroom, making it an excellent option for rental income or accommodating extended family. With nearly £6,000 per month of potential rental income, this property presents an attractive investment opportunity.

As you explore 58 Old King Road, Caledon, you will find that it is equipped with a family room, perfect for gatherings and relaxation. The main kitchen is functional and ready for your personal touch, while an additional kitchen offers further convenience. The house is unfurnished, allowing you to customise the interior to your liking. The presence of a fireplace adds a warm and inviting atmosphere, perfect for cosy evenings.

This detached bungalow does not include air conditioning, but the forced air heating system ensures a comfortable living environment throughout the year. The property is serviced by municipal water and sewer, which adds to the convenience of living in this desirable area. Although there is no central vacuum system, the layout of the house is designed for easy maintenance.

Parking is abundant at 58 Old King Road, Caledon, with space for up to ten vehicles, making it ideal for families or those who enjoy entertaining guests. The attached garage provides one parking space, adding to the practicality of the home. However, it is worth noting that there is no driveway, which may require some consideration for future developments.

In summary, this house for sale in Caledon offers an unparalleled blend of potential and picturesque views. Whether you are a builder looking to capitalise on the land's possibilities or a family seeking a serene environment to create lasting memories, 58 Old King Road, Caledon is the perfect canvas for your aspirations. With its strategic location, generous lot size, and dual dwelling capabilities, this property is a rare find in today's market. Don’t miss the chance to explore the possibilities that await you at this exceptional house for sale in Caledon.

Bolton East, situated within the charming city of Caledon, offers a delightful blend of suburban tranquillity and natural beauty. This picturesque area is characterised by its lush green spaces, well-maintained parks, and scenic trails, making it an ideal locale for outdoor enthusiasts and families alike. The neighbourhood boasts a friendly atmosphere, with a variety of local amenities including shops, schools, and recreational facilities, all within easy reach. Residents can enjoy a sense of community while being conveniently located near major transport routes, providing seamless access to nearby urban centres. Bolton East is a welcoming haven for those seeking a peaceful yet connected lifestyle in the heart of Ontario.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance of approximately 0.8 to 1.1 km, you will find a range of public and Catholic schools catering to various educational needs. For elementary education, Ellwood Memorial Public School and James Bolton Public School offer English and French instruction for grades K to 5, while Allan Drive Middle School serves grades 6 to 8. For secondary education, Humberview Secondary School, which has a commendable school rating of 6.3, is available for grades 9 to 12, alongside the French program at the same institution. Additionally, Holy Family Elementary School, a Catholic institution with a strong rating of 7, provides education from K to 8, and St. Michael Catholic Secondary School offers grades 9 to 12 with a rating of 5.3. With a mix of public and Catholic options, parents can choose the best fit for their children's educational journey, all within a convenient distance from the property. This vibrant educational landscape enhances the appeal of the neighborhood for potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 396 residents as of 2021. The average household size is 3.2, indicating a family-oriented environment, with 66.67% of households having children. The average age of residents is 40.4 years, suggesting a mature population. Financially, the area boasts a high average household income of $176,000, with only 2% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $1,180,000. The community is diverse, with 21.25% of residents being immigrants, and a significant portion of the population, 53.62%, holds a college or university degree. Socially, the area has a relatively high percentage of singles at 44.29%, and only 12% of residents are renters, indicating a strong ownership culture. Additionally, 31.88% of the population is not in the labor force, which may reflect a combination of retirees and stay-at-home parents. Overall, this area presents a vibrant, well-educated community with a stable economic foundation, making it an attractive location for potential homebuyers.