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Right now, there are 173 available for purchase. On average, houses here are selling within 22 days on market. Right now, the market for East Gwillimbury houses is more favourable for buyers than it is for sellers.
Holland Landing, Sharon and Mount Albert are East Gwillimbury's most popular neighbourhoods. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.
Sharon and Rural East Gwillimbury are East Gwillimbury's most priciest neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you're looking for value, East Gwillimbury's priciest neighbourhoods may not be ideal. Instead, check out Queensville for other alternatives.
You may be surprised to discover that Mount Albert and Holland Landing are East Gwillimbury's most affordable neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year. For context, it's important to note that East Gwillimbury's average house price is $1,287,882.
Homeownership in East Gwillimbury 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. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. East Gwillimbury 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. Let's say your home's assessed market value is $600,000 and the municipality's property tax rate is 1% - that year you'd pay $6,000.
If you're seeking a new place to call home East Gwillimbury, Strata.ca can help you. Our website lets you search for every property on the market. It's a one-stop-shop for your real estate journey. In addition to listing details, imagine having the ability to search historical data for every property in East Gwillimbury. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.
With a walk score of 32, East Gwillimbury is a city that often requires a car to get around. The transit score, meanwhile, is 35, indicating that this city offers a notably smaller public transportation network. And the bike score is 47, meaning there is minimal bike infrastructure.
When purchasing a house in East Gwillimbury, 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. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. A real estate lawyer is necessary to finalize any purchase in East Gwillimbury, so you'll want to include their fees in your closing costs. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.