Houses for Sale in Parry Island, ON

The most popular neighbourhoods in Parry Island are none available. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. 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.

none available are Parry Island's most priciest neighbourhoods. Neighbourhoods are ranked by assessing the average sold price during the past 12 months, and compared to all of the other neighbourhoods in the city. If you're looking for cheaper options though - none available also have great properties, but at much better value.

Parry Island's cheapest neighbourhoods are none available. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. For context, it's important to note that Parry Island's average house price is unknown.

Aside from mortgage payments, owning a house in Parry Island will require that you pay an annual property tax. This tax is essential in helping the city provide a number of services, including sewer protection and road maintenance. 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 Parry Island 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 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.

Strata.ca features all listings in Parry Island, updated multiple times daily - you won't ever miss a property when using this platform. In addition to listing details, imagine having the ability to search historical data for every property in Parry Island. 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.

When purchasing a house in Parry Island, 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. When searching for a house in Parry Island, 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. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. If this is your first home, you can reduce closing costs by applying for a government rebate. Under this program, first-time homebuyers are reimbursed a portion of the land transfer tax. A real estate lawyer is necessary to finalize any purchase in Parry Island, so you'll want to include their fees in your closing costs. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.