Townhouses for Sale in Mono, ON

Mono's most popular neighbourhoods are none available. We assess how much interest there is for a neighbourhood by looking at various statistics. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.

It's hardly surprising that none available are Mono's most expensive neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. Not everyone can afford a home in Mono's priciest neighbourhoods. But none available offer incredible value at a much lower cost.

The most affordable neighbourhoods in Mono are none available. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. It should be noted that the average house in Mono typically sells for unknown.

One of the carrying costs associated with homeownership in Mono is your property tax. This tax helps pay for a variety of services, including garbage collection and snow removal. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Mono homeowners tend to believe. But rather, the city's tax rate is multiplied by the property's current market value - and that can fluctuate year-to-year based on recently sold homes. 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 updates multiple times each day, featuring all the available listings in Mono. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.

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 Mono. Closing costs cannot be rolled into your mortgage. But rather, these are charges paid upfront on the day of closing. To be safe, budget about 2% of the purchase price. For instance, if you're buying a Mono house for $800,000 - then at least $16,000 should be set aside. In Canada, all buyers are required to pay a land transfer tax when closing on a property. 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. And finally, when buying a home in Mono, you'll need a real estate lawyer to close the deal. Although fees can vary, expect to set aside somewhere around $1,500 - $2,000 on closing to cover your legal costs.