Where to buy real estate in Peel Region in 2019 - MoneySene

Where to buy real estate in 2019: Peel Region, Ont.

All three of our top-ranked regional neighbourhoods are in Brampton, Ont.—including Central Park, our No. 2 pick.

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Rank Neighbourhood Area Average home price (2017) Value Momentum Average price vs. area Avg. price vs. metro district Avg. price vs. outer region 1-year price change 5-year price change Final Star Rating
1 Brampton North Brampton $606,598 87.92% 72.08% 93.9% 81.90% 66.9% 9.04% 70.2% ★★★★
2 Central Park Brampton $630,774 95.00% 80.00% 88.2% 76.96% 62.9% 7.95% 75.0% ★★★★
3 Northgate Brampton $627,368 90.00% 73.75% 91.7% 80.03% 65.4% 12.67% 65.0% ★★★★
4 Southgate Brampton $659,920 91.67% 60.83% 91.2% 79.60% 65.0% 3.16% 68.2% ★★★½
5 Avondale Brampton $655,978 81.25% 67.08% 95.9% 83.73% 68.4% 7.63% 67.3% ★★★½
6 Brampton West Brampton $692,474 84.17% 60.83% 95.4% 83.23% 68.0% 9.60% 63.0% ★★★½
7 Downtown Brampton Brampton $687,440 71.67% 76.67% 100.7% 87.86% 71.8% 12.73% 67.6% ★★★½
8 Northwood Park Brampton $646,112 73.75% 73.33% 99.9% 87.22% 71.3% 7.24% 72.6% ★★★½
9 Madoc Brampton $867,882 86.25% 54.58% 93.9% 81.98% 67.0% 11.79% 58.7% ★★★½
10 Northwest Brampton Brampton $713,276 37.92% 92.92% 126.2% 110.12% 90.0% 19.07% 88.5% ★★★½
11 Fletcher's West Brampton $682,003 64.17% 71.67% 103.7% 90.50% 73.9% 11.56% 73.6% ★★★½
12 Heart Lake West Brampton $611,338 77.08% 72.50% 99.2% 86.53% 70.7% 14.52% 65.6% ★★★½
13 Gore Industrial North Brampton $659,140 93.33% 53.75% 88.9% 77.57% 63.4% -22.63% 62.5% ★★★½
14 Malton Mississauga $758,145 87.92% 45.42% 71.6% 83.63% 68.3% 1.25% 61.9% ★★★½
15 Northwest Sandalwood Parkway Brampton $683,211 56.67% 66.25% 110.2% 96.19% 78.6% 15.34% 63.1% ★★★½
16 Heart Lake East Brampton $728,256 75.42% 70.83% 99.3% 86.68% 70.8% 11.48% 68.4% ★★★½
17 Inglewood Caledon $753,126 71.67% 73.75% 85.9% 92.40% 75.5% -29.63% 105.3% ★★★½
18 Fletcher's Meadow Brampton $783,609 58.33% 67.92% 109.5% 95.56% 78.1% 13.94% 65.9% ★★★½
19 Fletcher's Creek Village Brampton $818,958 52.50% 70.83% 113.9% 99.42% 81.2% 17.41% 66.4% ★★★½
20 Caledon Village Caledon $822,835 57.92% 75.83% 96.6% 103.91% 84.9% -12.80% 86.0% ★★★
21 Sandringham-Wellington Brampton $852,992 45.83% 58.75% 119.6% 104.40% 85.3% 18.33% 60.2% ★★★
22 Bolton North Caledon $761,549 52.08% 63.75% 100.6% 108.23% 88.4% 14.61% 61.0% ★★★
23 Fletcher's Creek South Brampton $1,176,967 55.00% 67.50% 110.7% 96.62% 78.9% 10.29% 64.3% ★★★
24 Cooksville Mississauga $695,434 13.75% 85.42% 127.9% 149.33% 122.0% 24.25% 73.9% ★★★
25 Brampton South Brampton $787,418 70.00% 45.83% 101.1% 88.24% 72.1% 4.43% 61.1% ★★★
26 Meadowvale Mississauga $701,330 65.83% 38.75% 85.6% 99.91% 81.6% 6.81% 56.5% ★★★
27 Heart Lake Brampton $725,118 67.92% 64.17% 102.0% 88.98% 72.7% 10.35% 71.8% ★★★
28 Westgate Brampton $792,368 62.08% 50.00% 105.4% 92.00% 75.2% 8.12% 61.9% ★★★
29 Bolton West Caledon $985,483 62.08% 38.75% 93.5% 100.53% 82.1% 14.93% 52.8% ★★★
30 Bram West Brampton $829,358 27.50% 62.50% 143.3% 125.04% 102.2% 24.61% 59.6% ★★★
31 Bolton East Caledon $205,375 55.00% 49.58% 97.8% 105.23% 86.0% 16.50% 57.5% ★★★
32 Bramalea North Industrial Brampton $995,297 98.33% 3.33% 29.9% 26.06% 21.3% -74.15% -47.0% ★★★
33 Vales of Castlemore Brampton $865,025 24.58% 62.50% 144.7% 126.28% 103.2% 18.93% 63.7% ★★★
34 Snelgrove Brampton $701,550 40.83% 56.25% 125.8% 109.75% 89.7% 8.44% 62.8% ★★★
35 Brampton East Brampton $668,284 66.25% 28.75% 102.0% 89.01% 72.7% 8.56% 45.2% ★★★
36 Mississauga Valleys Mississauga $887,395 85.00% 5.83% 72.6% 84.79% 69.3% -17.39% 6.9% ★★★
37 Lisgar Mississauga $1,037,699 49.58% 46.67% 96.5% 112.59% 92.0% 18.09% 56.2% ★★★
38 Credit Valley Brampton $968,213 21.25% 63.75% 150.9% 131.66% 107.6% 28.97% 58.8% ★★★
39 Hurontario Mississauga $865,553 37.50% 45.00% 105.2% 122.84% 100.4% 18.29% 53.4% ★★½
40 Creditview Mississauga $149,666 53.33% 27.92% 94.1% 109.82% 89.7% -2.20% 49.4% ★★½
41 Cheltenham Caledon $945,429 100.00% 1.67% 17.7% 18.99% 15.5% -87.09% -77.0% ★★½
42 Bram East Brampton $937,218 32.08% 45.83% 137.5% 119.95% 98.0% 21.81% 54.0% ★★½
43 Applewood Mississauga $1,051,898 44.58% 26.67% 101.9% 118.91% 97.1% 10.25% 48.7% ★★½
44 Vales of Castlemore North Brampton $1,075,241 18.33% 55.83% 152.9% 133.46% 109.0% -2.56% 63.8% ★★½
45 Churchill Meadows Mississauga $1,358,772 20.00% 49.17% 116.9% 136.42% 111.5% 27.15% 53.6% ★★½
46 Port Credit Mississauga $943,153 9.17% 57.08% 147.7% 172.40% 140.8% 2.69% 76.5% ★★½
47 Streetsville Mississauga $1,059,506 42.08% 19.17% 102.5% 119.67% 97.8% 6.44% 45.6% ★★½
48 Clarkson Mississauga $989,112 21.67% 38.75% 115.2% 134.43% 109.8% 25.39% 42.3% ★★½
49 Erin Mills Mississauga $1,057,905 34.17% 34.58% 107.5% 125.50% 102.5% 15.78% 47.2% ★★½
50 Meadowvale Village Mississauga $1,365,652 23.33% 47.92% 115.0% 134.22% 109.7% 20.02% 58.6% ★★½
51 Palgrave Caledon $1,039,724 6.67% 75.00% 161.1% 173.27% 141.6% -0.04% 74.6% ★★½
52 Fairview Mississauga $999,673 27.08% 27.50% 113.0% 131.92% 107.8% 1.02% 49.5% ★★½
53 East Credit Mississauga $1,141,937 31.25% 39.58% 108.7% 126.84% 103.6% 17.89% 51.1% ★★½
54 Central Erin Mills Mississauga $1,139,382 16.25% 31.25% 124.1% 144.89% 118.4% 12.58% 51.2% ★★½
55 Erindale Mississauga $964,466 17.92% 30.83% 123.8% 144.56% 118.1% 20.26% 43.6% ★★
56 Caledon East Caledon $1,808,538 35.42% 24.58% 113.8% 122.37% 100.0% -1.02% 52.8% ★★
57 Lorne Park Mississauga $1,577,522 2.08% 38.33% 196.6% 229.46% 187.5% 9.26% 46.2% ★★
58 Mineola Mississauga $1,600,000 3.75% 18.33% 171.5% 200.15% 163.5% -4.78% 46.7% ★½
59 Sheridan Mississauga $1,405,262 11.67% 11.25% 139.8% 163.16% 133.3% 0.12% 38.4% ★½
60 Toronto Gore Rural Estate Brampton $1,400,000 4.17% 30.83% 204.3% 178.30% 145.7% -8.06% 16.5% ★½
Value
Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum
Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

Peel Region’s top 3 neighbourhoods to buy

1. Brampton North, Brampton

Want a great first-time buyer’s area that’s close to parks and trails, and only 15 or 20 minutes away from the Brampton commuter GO Station? Check out Brampton North. Located just southwest of Madoc, this neighbourhood offers solidly built post-war bungalows or semi-detached bungalow-style homes (some of which still require updates and others have already been renovated). While you will find other styles of homes, such as two-storey semi-detached, as well as side- and back-splits, the overall theme in this neighbourhood is “a home a family can grow in.”

Most houses here offer at least three bedrooms and the vast majority already have two bathrooms so there’s no need to spend money adding household amenities. Single-car garages are standard, although you will find some homes with double garages; some have private parking, but no garage.

To the south and west of the neighbourhood is a network of parks that follows Etobicoke Creek. Each offers something unique, as well as an opportunity to hike and bike alongside river system trails. For instance, Duggan Park is a dream for softball fans, with three groomed pitches.


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The average house price in Brampton North hovers just over $600,000, which is 6% less than the average house price in surrounding communities, almost 20% less than the average house price of metro Brampton and 33% less than the average house price of Greater Brampton area.

Homes in this community are well-priced for the area. Adjacent to Brampton North is the sought-after community of Madoc, where homes are larger but sell for $250,000-plus more, on average.

2. Central Park, Brampton

On the other side of Madoc is the community of Central Park. It’s dominated by the public Chinguacousy Park, which gives residents access to a range of activities, including mini-golf, a petting zoo, paddle boats and a skate park (in the winter, there’s also a public ski chalet).

The park is a buffer between this community and the area that is home to the Bramalea City Centre (to the southwest) and to a large Smart Centre complex to the east, giving Central Park a community atmosphere that’s close to urban amenities.

This is a great neighbourhood for commuters. The closest GO Station is at Bramalea City Centre, approximately five minutes away by car—10 minutes by bike. For those who commute by car, this community is on the fringes of the city limits, which means that to the east there are very few developments. This makes it much easier for drivers to get out of residential traffic and down to the toll Highway 407, which runs just south of this area, or to jump over to the non-toll north/south throughway of Highway 427, which is just 20 minutes away.

Homes in this area sell, on average, for about $25,000 more than our No. 1 neighbourhood. Less expensive homes post-war bungalows or semi-detached two-story splits are also on offer, while more expensive options give you two-storey, two-car garage properties.

3. North Gate, Brampton

North Gate is directly north of our No. 2 neighbourhood, with homes that sell for a bit less, on average.

Families like North Gate because it’s good for commuters, and its public St. Jean Brebeuf Elementary School offers a well-rated extended French program. (The school gets an above-average grade from the Fraser Institute school rankings.)

The more expensive homes in this neighbourhood are located on Professor’s Lake, which offers community walking paths, paddle boat and kayaks rentals, as well as a beach with waterslide and volleyball courts. There is a recreation centre on the lake that locals can use (with rental facilities).

Other streets in this neighbourhood offer homes that, again, range from post-war bungalows to two-story side splits.