By Romana King on June 24, 2020

Where to buy real estate in 2020: Peel Region, Ont.

By Romana King on June 24, 2020

If you're looking for affordable luxury homes in a neighbourhood with lush, green spaces and an abundance of river trails, then our No. 1 pick of Vales of Castlemore in Brampton is worth considering

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Rank	Area	Province	Neighbourhood	Area average price 2019	Value	Momentum	Average price vs. area	Average price vs. metro district	Average price vs. greater city area	1-Year price change	5-Year price change	Final star rating
1	Brampton	ON	Vales of Castlemore	$596,006	55.36	74.74	128.4%	106.4%	69.7%	16.2%	71.0%	★★★★★
2	Caledon	ON	Inglewood	$813,016	70.37	87.21	181.5%	150.4%	98.6%	48.8%	72.6%	★★★★
3	Mississauga	ON	Port Credit	$688,708	72.94	55.59	218.2%	180.9%	118.5%	-15.5%	81.0%	★★★★★
4	Brampton	ON	Sandringham-Wellington North	$596,006	50.19	71.32	116.9%	96.9%	63.5%	27.8%	92.8%	★★★★★
5	Caledon	ON	Bolton North	$813,016	43.57	55.97	107.0%	88.7%	58.1%	10.6%	52.3%	★★★★★
6	Mississauga	ON	Lakeview	$688,708	61.07	73.45	137.6%	114.1%	74.7%	16.1%	57.2%	★★★
7	Brampton	ON	Downtown Brampton	$596,006	37.16	87.24	100.8%	83.5%	54.7%	41.0%	68.2%	★★★
8	Brampton	ON	Bram West	$596,006	54.71	76.10	126.3%	104.7%	68.6%	21.1%	74.1%	★★★★
9	Caledon	ON	Bolton West	$813,016	50.40	76.62	117.5%	97.4%	63.8%	16.0%	77.9%	★★★★
10	Mississauga	ON	Sheridan	$688,708	63.56	56.94	145.2%	120.3%	78.9%	14.7%	43.6%	★★★★
11	Mississauga	ON	Lisgar	$688,708	59.47	71.18	134.4%	111.4%	73.0%	11.5%	81.8%	★★★★
12	Brampton	ON	Fletcher's Creek Village	$596,006	44.88	77.79	108.1%	89.6%	58.7%	19.0%	75.1%	★★★
13	Mississauga	ON	Rathwood	$688,708	58.96	63.18	133.5%	110.6%	72.5%	22.8%	41.8%	★★★★
14	Mississauga	ON	Meadowvale Village	$688,708	60.33	65.46	135.8%	112.6%	73.8%	15.2%	53.3%	★★★★
15	Mississauga	ON	Clarkson	$688,708	60.18	64.26	135.8%	112.6%	73.8%	30.2%	35.4%	★★★★
16	Brampton	ON	Credit Valley	$596,006	54.06	76.98	124.1%	102.9%	67.4%	23.9%	54.6%	★★★★
17	Mississauga	ON	Churchill Meadows	$688,708	59.72	55.76	135.4%	112.2%	73.5%	11.4%	42.1%	★★★★
18	Mississauga	ON	Erin Mills	$688,708	56.66	59.38	130.2%	107.9%	70.7%	9.8%	48.7%	★★★★
19	Mississauga	ON	Hurontario	$688,708	57.11	70.57	131.0%	108.6%	71.1%	23.8%	49.7%	★★★★
20	Brampton	ON	Northwest Brampton	$596,006	49.24	71.03	115.3%	95.6%	62.6%	22.5%	78.2%	★★★★
21	Mississauga	ON	Cooksville	$688,708	62.94	52.92	143.4%	118.8%	77.9%	3.6%	64.4%	★★★
22	Mississauga	ON	East Credit	$688,708	58.44	68.10	132.8%	110.1%	72.1%	27.9%	45.4%	★★★
23	Brampton	ON	Fletcher's Meadow	$596,006	41.33	78.66	105.2%	87.2%	57.1%	19.7%	75.9%	★★★
24	Brampton	ON	Brampton North	$596,006	32.40	78.24	96.7%	80.1%	52.5%	15.5%	84.9%	★★★
25	Brampton	ON	Sandringham-Wellington	$596,006	48.77	77.60	114.6%	95.0%	62.2%	16.8%	78.7%	★★★★
26	Mississauga	ON	Erindale	$688,708	59.11	60.20	133.5%	110.7%	72.5%	16.8%	33.6%	★★★
27	Mississauga	ON	Applewood	$688,708	58.29	56.71	132.8%	110.1%	72.1%	6.2%	52.1%	★★★★
28	Brampton	ON	Heart Lake East	$596,006	34.72	82.29	98.7%	81.8%	53.6%	23.1%	81.3%	★★★
29	Mississauga	ON	Central Erin Mills	$688,708	62.40	48.15	142.3%	117.9%	77.3%	6.5%	32.3%	★★★★
30	Mississauga	ON	Meadowvale	$688,708	46.61	67.59	110.7%	91.8%	60.1%	12.5%	55.6%	★★★
31	Mississauga	ON	Mississauga Valleys	$688,708	52.20	55.48	121.0%	100.3%	65.7%	11.4%	56.9%	★★★
32	Brampton	ON	Brampton South	$596,006	30.63	76.59	94.9%	78.7%	51.6%	19.3%	70.3%	★★★
33	Brampton	ON	Northgate	$596,006	33.13	81.85	97.2%	80.6%	52.8%	16.1%	86.4%	★★★
34	Caledon	ON	Cheltenham	$813,016	66.11	54.87	153.4%	127.1%	83.3%	-28.0%	96.2%	★★★
35	Caledon	ON	Bolton East	$813,016	41.64	60.60	105.3%	87.3%	57.2%	15.8%	55.9%	★★★★
36	Mississauga	ON	Streetsville	$688,708	52.43	44.33	121.1%	100.4%	65.8%	3.9%	35.1%	★★★★
37	Brampton	ON	Central Park	$596,006	29.16	73.33	93.0%	77.1%	50.5%	11.5%	83.1%	★★★
38	Brampton	ON	Brampton West	$596,006	30.44	69.77	94.9%	78.7%	51.5%	14.3%	62.3%	★★★
39	Caledon	ON	Mono Mills	$813,016	68.62	57.27	169.5%	140.5%	92.1%	-100.0%	97.2%	★★★
40	Mississauga	ON	Lorne Park	$688,708	45.70	44.56	109.8%	91.0%	59.6%	33.0%	10.5%	★★★★★
41	Brampton	ON	Brampton East	$596,006	37.41	75.73	101.0%	83.7%	54.8%	17.8%	59.0%	★★★
42	Brampton	ON	Fletcher's West	$596,006	38.89	78.64	102.3%	84.8%	55.6%	16.2%	79.5%	★★★
43	Brampton	ON	Northwest Sandalwood Parkway	$596,006	42.67	76.40	106.1%	87.9%	57.6%	18.1%	73.8%	★★
44	Mississauga	ON	Mineola	$688,708	50.55	37.06	117.6%	97.5%	63.9%	15.9%	9.0%	★★★★★
45	Brampton	ON	Heart Lake West	$596,006	35.35	75.44	99.0%	82.1%	53.8%	14.2%	83.6%	★★★
46	Brampton	ON	Fletcher's Creek South	$596,006	42.50	72.69	105.9%	87.8%	57.5%	21.6%	70.8%	★★★
47	Brampton	ON	Northwood Park	$596,006	35.05	85.49	98.8%	81.9%	53.7%	24.6%	71.5%	★★
48	Caledon	ON	Southgate	$813,016	44.31	68.01	107.6%	89.2%	58.5%	1.1%	93.3%	★★★
49	Brampton	ON	Bramalea North Industrial	$596,006	47.48	73.31	111.9%	92.7%	60.8%	17.6%	72.3%	★★
50	Brampton	ON	Avondale	$596,006	31.07	77.18	95.4%	79.1%	51.8%	15.9%	79.2%	★★★
51	Brampton	ON	Heart Lake	$596,006	32.54	68.09	96.9%	80.3%	52.6%	29.9%	58.5%	★★★
52	Brampton	ON	Madoc	$596,006	31.50	70.19	95.7%	79.4%	52.0%	14.0%	76.9%	★★★
53	Brampton	ON	Bram East	$596,006	55.55	66.39	128.5%	106.5%	69.8%	14.9%	60.5%	★★
54	Brampton	ON	Toronto Gore Rural Estate	$596,006	72.14	53.81	205.1%	170.0%	111.4%	15.2%	18.5%	★★
55	Mississauga	ON	Palgrave	$688,708	27.52	40.49	91.2%	75.6%	49.5%	23.7%	8.7%	★★★★
56	Brampton	ON	Highway 427	$596,006	66.58	24.79	155.0%	128.5%	84.2%	-100.0%	0.0%	★★
57	Brampton	ON	Westgate	$596,006	38.18	72.93	102.1%	84.6%	55.4%	18.6%	63.8%	★★
58	Brampton	ON	Gore Industrial North	$596,006	43.10	62.30	106.6%	88.4%	57.9%	18.2%	44.1%	★★
59	Mississauga	ON	Fairview	$688,708	8.16	30.82	75.4%	62.5%	40.9%	7.7%	9.5%	★★★
60	Mississauga	ON	Malton	$688,708	37.73	44.72	101.6%	84.2%	55.2%	-3.8%	74.4%	★★
61	Mississauga	ON	Rural Caledon	$688,708	58.59	30.17	132.9%	110.1%	72.2%	-100.0%	57.4%	★★
62	Caledon	ON	Alton	$813,016	3.45	41.43	60.1%	49.8%	32.7%	22.9%	10.0%	★★★
63	Mississauga	ON	Creditview	$688,708	3.92	21.76	64.0%	53.1%	34.8%	1.5%	8.2%	★★★★
64	Caledon	ON	Snelgrove	$813,016	3.63	34.69	60.3%	50.0%	32.7%	15.2%	7.9%	★★
65	Brampton	ON	Huttonville	$596,006	30.81	20.54	95.0%	78.8%	51.6%	-100.0%	0.0%	★★
66	Brampton	ON	Vales of Castlemore North	$596,006	7.50	2.70	73.4%	60.8%	39.9%	0	7.7%	★★★★
67	Mississauga	ON	Caledon East	$688,708	23.80	34.22	84.3%	69.9%	45.8%	12.7%	10.3%	★★
68	Mississauga	ON	Caledon Village	$688,708	7.87	42.10	74.0%	61.4%	40.2%	23.6%	11.0%	★★
69	Brampton	ON	Queen Street Corridor	$596,006	3.24	11.57	53.6%	44.5%	29.1%	-15.2%	11.8%	★★★
70	Mississauga	ON	Northeast	$688,708	(22.35)	0.17	0.0%	0.0%	0.0%	-100.0%	0.0%	★★★★
71	Mississauga	ON	City Centre	$688,708	(22.35)	0.05	0.0%	0.0%	0.0%	0	0.3%	★★★
72	Mississauga	ON	Mavis-Erindale	$688,708	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★★
73	Brampton	ON	Goreway Drive Corridor	$596,006	(22.35)	0.17	0.0%	0.0%	0.0%	-100.0%	0.0%	★★★
74	Mississauga	ON	Southdown	$688,708	(22.35)	2.51	0.0%	0.0%	0.0%	-36.9%	0.0%	★★
75	Brampton	ON	Claireville Conservation	$596,006	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
76	Brampton	ON	Bramalea West Industrial	$596,006	(22.35)	0.22	0.0%	0.0%	0.0%	-100.0%	0.3%	★★
77	Brampton	ON	Brampton East Industrial	$596,006	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
78	Brampton	ON	Bramalea Road South Gateway	$596,006	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
79	Mississauga	ON	Dixie	$688,708	7.72	2.39	73.9%	61.3%	40.1%	-100.0%	0.0%	★★
80	Brampton	ON	Parkway Belt Industrial Area	$596,006	(22.35)	0.17	0.0%	0.0%	0.0%	-100.0%	0.0%	★★
81	Brampton	ON	Brampton 407 Corridor	$596,006	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
82	Mississauga	ON	Sheridan Park	$688,708	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
83	Brampton	ON	Gore Industrial South	$596,006	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★
84	Mississauga	ON	Gateway	$688,708	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★

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’s top three neighbourhoods to buy in 2020:

1. Vales of Castlemore, Brampton

Buyers with a desire for a family-sized home, complete with a two-car garage, an affordable purchase price, and a neighbourhood classified as luxurious, will really want to check out Peel Region’s No. 1 neighbourhood—the Vales of Castlemore.

Since most homes in this area were built in the 1990s or later, the community offers up-to-date amenities, large homes, many with big backyards and two- or even three-car garages. As a result, the regal sounding name of this community appears to reflect the overall development goal of the area, which was to build luxury-inspired family homes close to downtown Brampton, Ont.

Better still is that average prices for homes in this neighbourhood are 30% cheaper than average priced homes in the Greater Toronto Area (and on par with the regional average).

Even if a larger home doesn’t get your attention, perhaps the area’s landscape will. The neighbourhood was built around the river system that runs through the community and into the Clairville Conservation area. The result is a neighbourhood with lush, green spaces and an abundance of river trails.

Prior to the pandemic and market slowdown, homes typically sold within four days in Vales of Castlemore.

Average Single-Family Home Price (2019): $884,434

2. Inglewood, Caledon

Want to live in a small town at the heart of an urban centre? Then check out the No. 2 neighbourhood in the Peel Region.

Residents of this community are proud that the railway hotel and general store—the first two commercial enterprises that opened in the village in 1887—are still standing today. Residents are also pleased with all this town has to offer. Whether it’s fishing in the stocked ponds at the Ken Whillans Resource Management Area, hiking on the Caledon Trailway or playing a few rounds of golf among the rolling Caledon countryside, there’s an outdoor pursuit to suit every person’s taste.

Buyers will appreciate the varied choice in home styles, sizes and ages. Those with a larger budget can choose from acreages, sprawling ranchers or custom-built modernized farmhouse-type mansions. Others looking for something more affordable will prefer a newer build, suburban-style family home or a bungalow on a smaller, more manageable lot. For those wanting a bit of help paying the mortgage, consider a home closer to the town centre, where the tenant population (which makes up about 10% of residents in this community overall) tend to live.

Prior to the pandemic and market slowdown, homes typically sold within 110 days in Inglewood, Caledon.

Average Single-Family Home Price (2019): $1,250,000

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3. Port Credit, Mississauga

It appears that villages and towns are really dominating our rankings this year, and with good reason. The No. 3 spot goes to Port Credit, in Mississauaga, a neighbourhood that was once the Village of Port Credit. As the oldest village in the area, Port Credit is known for its charm and its incredibly accessible waterfront (it sits right on the shores of Lake Ontario). With more than six kilometres of waterfront trail and eight waterfront parks, the neighbourhood draws anyone who wants to live, work and play near the water.

This neighbourhood also offers easy access to the Queen Elizabeth Way (QEW) and the commuter GO Train, along with the Hurontario LRT, making it the perfect neighbourhood for anyone who needs to commute into downtown Toronto (or to other major urban centres).

There’s no lack of retail and commercial space in this community, either. In the last 15 to 20 years, Port Credit has undergone a major transformation. Now, the town centre is filled with boutique shops and restaurants along with newly constructed luxury high rise buildings and luxury townhomes. There are still older, smaller single-family homes but some are being renovated into luxury homes.

Homes in Port Credit are more expensive, per square footage, than any other Mississauga neighbourhood, but the urban/town feel of this community, its amenities and quick commuter access and its ability to attract young people, families and those in retirement years, make for a well-rounded neighbourhood that is vibrant and inviting.

Buyers looking for the right home will be happy with the options, given that houses in this community are a mix of historic century homes, pre-war farmhouses, and post-war bungalows, and suburban-style houses. Along the waterfront, buyers will find plenty of condos and townhomes to suit any budget or need. Keep in mind that while you may see a few modern custom builds, most homes are original. This is due, in part, to the community’s reluctance to let go of its modest town roots. This is good. Since the full demolitions and erection of McMansions is curtailed, it means renovations and upgrades need to take into consideration the look, feel and history of the community. As such, most renovations are upgrades of old homes, to allow for more modern amenities and newer finishes.

Prior to the pandemic and market slowdown, homes typically sold within 16 days in Port Credit, Mississauga.

Average Single-Family Home Price (2019): $1,503,309

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