The Bill Parnaby Team - Caledon Realtors

5 Most Expensive and Richest Neighbourhoods in Caledon

Facing the challenge of entering the competitive housing market for the first time? Are you a growing family struggling to find the perfect balance between your dream home and practical necessities?

Perhaps you’re a retiree contemplating the bittersweet process of downsizing. Or are you navigating the complexities of relocation due to a career move?

These are common hurdles on the path to settling in a neighborhood that’s more than just a place to live—it’s a foundation for your life.

In Caledon area, the richest neighborhoods offer a blend of comfort and luxury, tailored to your unique situation.

The top 5 richest neighbourhoods in Caledon are:

  • Caledon East
  • Inglewood
  • Cheltenham
  • Palgrave
  • Belfountain

5. Caledon East – A More Affordable Luxury Neighbourhood

Are you dreaming of a rich life without putting your finances at risk? Take a closer look at Caledon East.

This neighborhood not only provides the comfort and status of luxury. It also has an inviting, modest cost of living—just a slight 2% above the Caledon average. 

Think of it as your smart investment in an area where prosperity meets practicality. Did you know that the median household net worth of East Caledon is 68% higher than Ontario? Yes, around 

But Caledon East isn’t just about wise economics. Here, you’ll find solace in safety, with crime rates 9% lower than the Caledon average. You’ll enjoy the peace of your surroundings without worry. 

Envision yourself in a community where every stroll is serene and every night’s sleep is secure. If safety and financial savvy rank high on your list, Caledon East could be one of the towns you should be eyeing. 

4. Inglewood – Suburban Caledon Area with a Touch of Luxury

Discover your dream home in Inglewood. Here, the essence of wealthy living is the norm, not the exception. 

The average household net worth of Inglewood per year is about $113,000. 

This Canadian neighborhood offers an eclectic mix of residential styles, such as 

  • Heartwarming heritage homes
  • Chic ranch-style bungalows
  • Stately estate houses to cutting-edge
  • And ew urbanism designs. 

Whatever your preference, we’ll help you find an Inglewood home that feels like it was made just for you.

Engage with a community that cherishes educational excellence. You’ll also enjoy a wealth of amenities, including: 

  • A vibrant community centre
  • Lush parks
  • Sport facilities
  • And a Caledon Country Club. 

In addition, you’ll also take comfort in the safety of a neighborhood with crime rates 13% lower than Caledon’s average. All this within a setting that’s just 5% above the area’s cost of living! 

This is certainly a commitment to a lifestyle that will enrich you and your loved ones for years.

3. Cheltenham – Caledon Neighbourhood with Beautiful Houses for Sale

Imagine your life unfolding in the affluent enclave of Cheltenham, where luxurious living is just the beginning. 

Homes here range from stately heritage to modern ranch-style bungalows. In Cheltenham, an investment in your home is an investment in a lifestyle. 

Do you value security and exclusivity? Then Cheltenham might just be your next home. You’re sure to enjoy peace of mind with crime rates 19% lower than the Caledon average.

Also, Chelthenham is a place where the cost of living sits 6% higher than the Caledon average. Indeed, it’s a small premium for the richness of life afforded to its residents. 

Some of the prominent sights include:

  • Cheltenham General Store
  • Credit River
  • And the stunning Cheltenham Badlands.

For those who seek the exceptional, who thrive in a setting that is as safe as it is prosperous, Cheltenham offers a haven for high-quality living.

2. Palgrave – One of Canada’s Finest Rural Neighbourhoods

Palgrave is located on the Oak Ridges Moraine. It‘s one of Caledon’s most affluent neighbourhoods. Are you wondering about the price of homes? It can range anywhere from $2-14 million.

This community boasts an array of opulent gated estates and cozy bungalows. These are houses ideally suited for those who desire a rich blend of comfort and sophistication. 

Here, the median household income soars 133% above the national average. A testament to the prosperity of its residents! 

Your pursuit of a prestigious lifestyle is underpinned by a locale where economic vitality shines. Its unemployment rate is astoundingly 55% lower than the national average. 

Palgrave isn’t just about wealth. It’s about a flourishing life in a setting that values both history and affluence. 

1. Belfountain – Exclusive Living in One of Caledon Cities’ Most Expensive Neighborhoods

Welcome to Belfountain, one of Peel Region’s most expensive neighbourhoods. 

This is where living is more than just comfortable. It’s a step into a world of elegance. Here, you can find your dream home starting at a million dollars. 

Of course, each house offers something special and plenty of room for your imagination. Belfountain is for those who know what they want and choose to live surrounded by the finer things in life.

In this quiet corner of Caledon, you’ll enjoy peace and safety, with crime rates 34% lower than the average. Living here does cost a bit more, about 8% higher than what you’d usually expect in Caledon.

But it’s worth it for the beautiful views and the luxury of having nature as your neighbor. Belfountain is a friendly community close to nature, perfect for anyone who loves a calm, beautiful place to live. 

I bet you’re now itching to discover how to buy a house in Caledon!

Richest Neighbourhoods in Caledon: Your Next Chapter Awaits!

Each neighbourhood offers its own unique charm. They blend the lifestyle of affluent cities with the quaint town charm that makes life here a worthwhile experience.

It’s about finding that ideal match set against a backdrop of a thriving economy and a vibrant cultural scene. Thinking of making these dreams a reality? The Bill Parnaby Team is here for you.

As your trusted Caledon REALTORS®, we’re ready to guide you through the journey to the doorstep of your dream home in Caledon’s most coveted areas.

Ready to discuss your future in one of Caledon’s prestigious enclaves? Reach out to us! Let the Bill Parnaby Team lead the way to your next adventure in Caledon’s crème de la crème.

Picture of Bill Parnaby

Bill Parnaby

I have been helping people buy and sell homes in Caledon and the surrounding area for over 30 years! I have been ranked in the Top 1% of Canada of all Royal LePage agents and #6 in Ontario. I specialize in selling Town and Estate properties throughout Caledon and its many villages, and couldn’t imagine doing anything else. I have been awarded the Lifetime Award of Excellence for his efforts. My knowledge, honesty and common sense approach work successfully, hand in hand with the Team’s core values and beliefs. This combination of traits and values is appreciated and respected by my clients, colleagues, and our community.


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