Featured
$1,199,900
37 Benoit Street
- Vellore Village
- Vaughan
- 3 bd
- 4 ba
- 1500 - 2000 sf
- 24 x 70 ft
David Soberano
RE/MAX REALTRON DAVID SOBERANO GROUP
Ontario Real Estate
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$1,399,900
52 Acton Avenue
- Bathurst Manor
- Toronto
- 3 + 2 bd
- 3 ba
- 1100 - 1500 sf
- 52 x 115 ft
House
$1,399,000
Th15 - 382 E Highway 7 N/A
- Doncrest
- Richmond Hill
- 3 bd
- 4 ba
- 2000 - 2249 sf
Townhouse
$999,999
205 Romanelli Crescent
- Bradford
- Bradford West Gwillimbury
- 3 + 1 bd
- 3 ba
- 9 x 34 ft
House
$949,000
705 - 600 W Queens Quay
- Waterfront Communities West
- Toronto
- 2 + 1 bd
- 2 ba
- 800 - 899 sf
House
$849,900
2613 - 108 Peter Street
- Waterfront Communities West
- Toronto
- 2 + 1 bd
- 2 ba
- 700 - 799 sf
House
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Cities in Ontario
Ontario Real Estate FAQs
Which city is best to buy a house Ontario?
Hamilton continues to be one of the best places to invest in real estate in Ontario. Like Toronto, Hamilton is also seeing a large growth in Tech workers. In 2022, Hamilton was ranked 4th fastest-growing tech talent city in North America
Do you have to put 20% down on a house in Ontario?
The minimum downpayment in Ontario is 5% if the purchase price of a home is below $500,000. Homes that exceed that price point up to $1 million require a down payment of 5% for the first $500,000 and 10% on the remaining balance. Homes with price points over $1 million require a 20% downpayment.
What is the requirement to buy a house in Ontario?
When buying a house in Ontario you should have a pre-approval from a lender in place with your downpayment (minimum 5% for a home $500,000 or less) in an account that is accessible. You should be aware of your credit rating prior to your home search.
What benefits do first-time home buyers get in Ontario?
First-time homebuyers in Ontario can benefit from the Provincial Land Transfer Tax Refund, Toronto First-Time Home Purchaser Rebate, and the Federal Home Buyer's Plan (HBP), First-Time Home Buyer Incentive, New Housing Rebate and Rebates For Renovations.
Do buyers pay realtor fees Ontario?
The buyer's funds from the lender cover the transaction, and all agent fees are deducted from the property's purchase price during the title transfer. Although buyers don't directly pay realtor fees out of pocket, their agent fees are taken from the sale proceeds, just like the listing agent's fees.
Do you get money back on taxes for buying a house Ontario?
When buying a house in Ontario you could be eligible for tax rebates. You could claim up to $10,000 for the purchase of a qualifying home. There are qualifying guidelines for various tax rebates so it's best practice to consult with your accountant on what you could qualify for.
What are closing costs in Ontario?
Closing costs include land/property transfer taxes, lawyer fees, home inspection fees, appraisal fees and other associated fees. These fees are up front costs and cannot be amortized into your mortgage. Plan to spend anywhere between 3-4% of the purchase price on closing costs when buying a home.
Where in Ontario is housing affordable?
If you are willing to buy outside the Greater Toronto Area cites like Sarnia, Thunder Bay, Sudbury, Windsor, London, Barrie, Kingston and Sault St. Marie are great options when taking into consideration housing costs, job opportunities and overall cost of living.