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    Townhouses for Sale in Cavan Monaghan, ON

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    What is the current state of the real estate market for houses in Cavan Monaghan? Is it a buyer's or seller's market?

    If you're looking to buy, 34 are on the market. On average, houses here are selling within unknown days on market.

    What are some of the most popular neighbourhoods?

    Cavan Monaghan's most popular neighbourhoods are none available. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. The average sale price, average days on market, and the percentage of properties that have sold over asking are just some of the factors used to determine popularity.

    What are the most expensive neighbourhoods for houses?

    Cavan Monaghan's most priciest neighbourhoods are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Not everyone can afford a home in Cavan Monaghan's priciest neighbourhoods. But none available offer incredible value at a much lower cost.

    What are the cheapest neighbourhoods for houses?

    The most affordable neighbourhoods in Cavan Monaghan are none available. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. Overall, houses in Cavan Monaghan are selling for an average of unknown.

    How do property taxes work in Cavan Monaghan?

    Homeownership in Cavan Monaghan comes with a number of expenses, one of them being property taxes. This tax helps fund many local services, such as snow removal, fire protection, and much more. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. Some Cavan Monaghan residents assume they'll pay more in taxes, depending on the size of their home. However, that's not necessarily true as the city's tax rate is multiplied by the property's current market value - and that can change each year based on the sale of nearby homes. 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.

    What is the best source for Cavan Monaghan real estate listings?

    Strata.ca is the premier real estate website because it displays every home available in Cavan Monaghan and the listings are updated multiple times per day. In addition to listing details, imagine having the ability to search historical data for every property in Cavan Monaghan. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

    What are the typical closing costs for purchasing a house in Cavan Monaghan?

    All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in Cavan Monaghan. 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 Cavan Monaghan would require $12,000 to be set aside for closing day. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. 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 Cavan Monaghan, 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.