Townhouses for Sale in Collingwood, ON

It's hardly surprising that Collingwood are Collingwood's most popular neighbourhoods. Strata.ca examines specific criteria to determine a neighbourhood's level of 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.

The priciest neighbourhoods in Collingwood are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Buying in Collingwood's priciest neighbourhoods may not be ideal if you're seeking good value. Collingwood could be much better options.

Every city has neighbourhoods where property values tend to be cheaper - and in Collingwood they are none available. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. In comparison, the average house in Collingwood is selling for about $900,699.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Collingwood. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. To determine how much property tax you'll pay, the city will multiply that tax rate by your home's current market value - which can fluctuate year-to-year depending on the value of neighbouring properties. This is why it's not necessarily correct when Collingwood homeowners assume that the bigger their house, the more they'll pay. For instance, if your home's market value is $800,000 and the municipality's property tax rate is 0.5%, you'd pay $4,000 that year.

Strata.ca is the premier real estate website because it displays every home available in Collingwood 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 Collingwood. From the average sale price to appreciation rates - Strata.ca gives you the power to learn every aspect of the neighbourhoods you're interested in.

With a walk score of 17, most Collingwood residents typically require a car to get around. And with a transit score of 25, this city offers few public transportation options. And the bike score comes in at 43.

When purchasing a house in Collingwood, you must budget for a series of charges known as 'closing costs'. These costs are necessary in order to finalize your purchase, so be sure to factor them in before making an offer. The average closing costs in this city will typically come to about 1.5% - 2% of the purchase price, although this can vary. For example, 2% in closing costs on an $800,000 house would be $16,000 that you need to budget for. 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. First-time homebuyers could be eligible for a government rebate - your real estate lawyer can help you apply for this rebate at the time of closing. Finally, a Collingwood real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.