Townhouses for Sale in Brock, ON

Every city has its most in-demand neighbourhoods, and in Brock they are Beaverton, Rural Brock North and Rural Brock South. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. Indicators include the average time a property spends on market, the average sale price, plus the percentage of homes that have sold over asking.

Brock's most priciest neighbourhoods are Rural Brock North and Rural Brock South. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. Not everyone can afford a home in Brock's priciest neighbourhoods. But Beaverton offer incredible value at a much lower cost.

You may be surprised to discover that Sunderland and Cannington are Brock's most affordable neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. In comparison, the average house in Brock is selling for about $769,881.

Homeownership in Brock comes with a number of expenses, one of them being property taxes. This tax is used to pay for several essential services, including garbage and recycling collection. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Brock homebuyers will often assume that the bigger the house, the more they'll pay. But this isn't necessarily true as the tax rate is multiplied by the home's current market value, which can change year-to-year based on recently sold properties. For example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.

The go-to website for your Brock real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. In addition to listing details, imagine having the ability to search historical data for every property in Brock. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

Brock has a walk score of 29, meaning it's much easier to get around the city with a car than by foot. And with a transit score of 28, this area offers a smaller network of public transportation. And the bike score is 25, meaning there is minimal bike infrastructure.

When looking for a house in Brock, many buyers will overlook the closing costs. It's important to be aware of what these costs are, so you can budget accordingly prior to making an offer. Buyers are not allowed to roll closing costs into their mortgage. So be prepared to budget anywhere up to 2% of the purchase price. For instance, 2% on a $600,000 house in Brock would require $12,000 to be set aside for closing day. In Canada, all buyers are required to pay a land transfer tax when closing on a property. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. And finally, when buying a home in Brock, you'll need a real estate lawyer to close the deal. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.