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Welcome > Local Info >
Caledon Information ...
Bolton is located in the Region of Peel, approximately 50 kms north-west of Toronto, in Ontario, Canada. Bolton has a population of 26,478. Bolton is a subdued town, that has many defining features, such as its small town charm, or the flowing Humber River that travels through the downtown. The downtown of Bolton has been revived since the late 1990's, and has become a bustling part of the community. The town, formally known as Bolton's Mill, was founded in 1794 when James Bolton helped build a flour mill. The urban area did not expand until the late 1970's and early 1980's, which also led to development of an industrial area in the southwest. The urban area up to Columbia Way began booming in the late 1980's. In regional documents, Bolton is referred to as a 'Rural Service Centre'. It has a population of 26,478 residents in 8,721 households.
First Time Buyers >Determining A Price Range
If you are working with a real estate agent to find a new home, the agent will probably ask a lot of questions about your income, liquid assets, and debt situation. The real estate agent needs such information to help you determine your price range.
Whether you are buying your first home, or moving up, your agent can give you solid advice on how to maximize your buying power. With so many mortgage alternatives available, you may find that you can buy more than you thought. Your individual situation might make some types of mortgages or financing more of a risk than you really want to take. Each buyer's situation is unique, and real estate agents understand the importance of finding you the perfect home and the perfect financing to enable you to afford it.
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| Q |
Which metropolitan area in America currently offers the most affordable market in which to buy new homes?
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| A |
The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S. |
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