Townhouses for Sale in Minto, ON

Palmerston, Harriston and Clifford are Minto's most popular neighbourhoods. Strata.ca looks at a number of indicators to rank the communities most in-demand. 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 Minto are Clifford. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Buying in Minto's priciest neighbourhoods may not be ideal if you're seeking good value. Harriston could be much better options.

Palmerston are Minto's cheapest neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. For context, it's important to note that Minto's average house price is $544,121.

One of the carrying costs associated with homeownership in Minto is your property tax. This tax helps fund many local services, such as snow removal, fire protection, and much more. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. Some Minto 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.

If you're seeking a new place to call home Minto, 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. Want more than just listings' Strata.ca also offers historical data and property-ranking capabilities that other sites don't have. With Strata.ca, you can also get historical data on every property in Minto. You'll have all the intel you need to outsmart the local real estate market.

Minto has a walk score of 40, so it's more convenient to run errands with a car. The transit score, meanwhile, is 0 - resulting in a much more limited public transportation network. And the bike score is 39, meaning there is minimal bike infrastructure.

When looking for a house in Minto, 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. When searching for a house in Minto, buyers will typically take into account 1.5% - 2% of their budgeted purchase price for closing costs. For instance, 2% in closing costs on a $500,000 house would be $10,000. Because these charges cannot be lumped into your mortgage, it's crucial to have this money upfront upon closing. In Canada, all buyers are required to pay a land transfer tax when closing on a property. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. Finally, a Minto real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.