Townhouses for Sale in Port Colborne, ON

Every city has its most in-demand neighbourhoods, and in Port Colborne they are none available. Strata.ca determines the most popular neighbourhoods by looking at a number of factors. Popularity is typically determined by assessing the following - the average sale price, average number of days that a home sits on market, plus the proportion of homes that have sold over asking.

none available are Port Colborne's most priciest neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. If you can't afford a home in Port Colborne's most expensive neighbourhoods - check out other areas which offer better value, including none available.

none available are Port Colborne's cheapest neighbourhoods. We isolate these neighbourhoods by looking at the average sold price over a set period of time. It should be noted that the average house in Port Colborne typically sells for unknown.

Aside from mortgage payments, owning a house in Port Colborne will require that you pay an annual property tax. This tax helps pay for a variety of services, including garbage collection and snow removal. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. This tax is not necessarily dictated by the size of your house, which is what many Port Colborne 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. Let's say your property's market value is $700,000 and the municipal property tax rate is 0.5%. This means you'd owe $3,500 in property taxes that year.

Strata.ca features all listings in Port Colborne, updated multiple times daily - you won't ever miss a property when using this platform. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. Armed with this knowledge, users are able to compete effectively against other buyers and sellers.

When purchasing a house in Port Colborne, 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. 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 Port Colborne house for $800,000 - then at least $16,000 should be set aside. The land transfer tax will make up most of your closing costs. In Canada, all buyers are subject to the LTT imposed by the province. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. And finally, when buying a home in Port Colborne, you'll need a real estate lawyer to close the deal. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.