17145 Highway 50 Road in Caledon: Palgrave House for sale : MLS®# W12899000
Looking for affordable houses for sale near me? Whether you’re a first-time buyer, downsizer, or investor, there are budget-friendly homes in your area with practical layouts, great locations, and long-term potential.
Don't miss this rare opportunity to own a prime 1.24-acre building lot in the heart of Downtown Palgrave. A three-bedroom home already on the property, this site is ideal for investors, builders, or visionaries seeking future potential. Whether you're considering severance, commercial use, or establishing a place of worship, the lot offers remarkable flexibility pending necessary town approvals and due diligence. The home is serviced with natural gas and high-speed internet, making financing and planning even more accessible. Situated just minutes from local gems like Caledon Equestrian Park, Albion Hills Conservation Area, and Glen Eagle Golf Club, the location is a nature and recreation lover's dream. Stroll through Palgrave Forest & Wildlife Area, enjoy skating on Palgrave Pond in the winter, or explore the scenic Caledon Trailway year-round. Families will appreciate being close to Palgrave Park with its playgrounds and sports fields, while foodies and locals enjoy stops at nearby farm markets and the Caledon Hills Brewing Company. This is a unique chance to invest in one of Caledon's most charming and desirable communities, offering both lifestyle and long-term potential.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
1 1/2 Storey
Total Approx Floor Area:
700-1100
Lot Size:
.50-1.99
Lot Depth:
304'5⅞"92.8 m
Lot Frontage:
139'8"42.6 m
Lot Shape:
Irregular
Direction Faces:
East
Bedrooms:
3
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
7
Zoning:
RR
Heating type:
Other
Heating Fuel:
Other
Fireplaces:
1
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace Features:
Living Room
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Private Double
Parking Spaces:
4
Total Parking Spaces:
5.0
Rural services:
Cable Available, Cell Services, Electricity Connected, Electricity On Road, Electricity To Lot Line, Garbage Pickup, Internet High Speed, Natural Gas, Street Lights
Data was last updated March 21, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$2,499,500
Min list price:
$599,000
Max list price:
$5,499,000
Avg days on market:
40
Min days on market:
2
Max days on market:
166
These statistics are generated based on the current listing's property type
and located in
Palgrave. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
• Entry-level pricing ideal for first-time buyers • Close to schools, shops, transit, and parks • Lower maintenance and property taxes • Opportunity to build equity in a growing market • Strong potential for rental income or future resale
What to Expect in Affordable Homes Near You
These homes often deliver great value in up-and-coming or established neighbourhoods and include:
• 2–3 bedroom detached or semi-detached layouts • Renovated kitchens, updated bathrooms, or fixer-uppers with potential • Private backyards, driveways, and basements • Proximity to schools, shopping plazas, and local transit
Start Your Search for Affordable Homes Near You
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FAQs – Affordable Houses for Sale Near Me
1. What price range is considered affordable? This varies by region, but generally homes under $800,000 in the GTA or under $600,000 in smaller cities are considered affordable.
2. Are affordable homes in good neighbourhoods? Yes. Many affordable options are located in emerging or established areas with great amenities and community feel.
3. Can I qualify for incentives as a first-time buyer? Yes. Programs like the First-Time Home Buyer Incentive and land transfer tax rebates can lower upfront costs.
4. Are affordable homes move-in ready or fixer-uppers? Both are available. Some are fully updated while others offer lower prices in exchange for renovation potential.