Houses for Sale in Oro-Medonte, ON

The most popular neighbourhoods in Oro-Medonte are Horseshoe Valley, Sugarbush and Hawkestone. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. Some of these factors include the average sale price, how much time a property typically spends on market, and the number of homes that have sold over asking.

Shanty Bay, North Shore - Oro-Medonte and Prices Corners are Oro-Medonte's most priciest neighbourhoods. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. Not everyone can afford a home in Oro-Medonte's priciest neighbourhoods. But Hawkestone, Sugarbush and Guthrie offer incredible value at a much lower cost.

Craighurst, Edgar and Warminister are Oro-Medonte's cheapest neighbourhoods. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. It should be noted that the average house in Oro-Medonte typically sells for $1,125,353.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Oro-Medonte. 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 Oro-Medonte 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. 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.

Strata.ca is the premier real estate website because it displays every home available in Oro-Medonte and the listings are updated multiple times per day. Want more than just listings' Strata.ca also offers historical data and property-ranking capabilities that other sites don't have. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

With a walk score of 37, Oro-Medonte is a city that often requires a car to get around. And with a transit score of 25, this city offers few public transportation options. For anyone with a bike, this neighbourhood offers more limited bike infrastructure, with a bike score of 45.

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 Oro-Medonte. At Strata, we advise our buyer clients to get a good estimate of closing costs early on. These costs can range anywhere from 1.5% - 2% of the overall purchase price. So consider a purchase price of $500,000 - 2% on that is $10,000 which should be accounted for upfront. In Canada, all buyers are required to pay a land transfer tax when closing on a property. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. Finally, a Oro-Medonte real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.