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Small town of Caledon attracts big land deals ahead of expected residential boom

Developers pour money into municipality north of Toronto that approved zoning for 35,000 new homes
This market at 14337 Highway 50 in Caledon, Ontario, is part of a 45-acre parcel that sold for $44.6 million in May. (CoStar)
This market at 14337 Highway 50 in Caledon, Ontario, is part of a 45-acre parcel that sold for $44.6 million in May. (CoStar)
CoStar News
November 2, 2025 | 7:28 P.M.

Caledon, an Ontario town about 60 kilometers north of downtown Toronto, has become a hotspot for big real estate deals as it's recorded over a dozen transactions priced over $15 million since the municipality committed to a major residential rezoning strategy in mid-2024.

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News | Small town of Caledon attracts big land deals ahead of expected residential boom