Houses for Sale in St. Thomas, ON

The most popular neighbourhoods in St. Thomas are none available. 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.

none available are St. Thomas' most priciest neighbourhoods. Strata.ca determines this by looking at the average sold price for the past year and contrasts it with other neighbourhoods. If you're looking for value, St. Thomas' priciest neighbourhoods may not be ideal. Instead, check out none available for other alternatives.

You may be surprised to discover that none available are St. Thomas' most affordable 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 St. Thomas typically sells for unknown.

Aside from mortgage payments, owning a house in St. Thomas will require that you pay an annual property tax. This tax is used to pay for several essential services, including garbage and recycling collection. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. Some St. Thomas 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.

Strata.ca updates multiple times each day, featuring all the available listings in St. Thomas. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. 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.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in St. Thomas. These fees are standard in real estate, but can still catch you off guard if you're unprepared. 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. All buyers are subject to the province's land transfer tax. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. And lastly, buying St. Thomas real estate will require a lawyer you can trust. You'll need to find someone who specializes in this as they'll be finalizing your purchase. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.