Houses for Sale in Stone Mills, ON

It's hardly surprising that none available are Stone Mills' most popular neighbourhoods. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. 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.

Every city has its expensive neighbourhoods, and in Stone Mills they are none available. 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 cheaper options though - none available also have great properties, but at much better value.

You may be surprised to discover that none available are Stone Mills' most affordable neighbourhoods. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. Overall, houses in Stone Mills are selling for an average of unknown.

Aside from mortgage payments, owning a house in Stone Mills will require that you pay an annual property tax. This tax is used to pay for several essential services, including garbage and recycling collection. Property tax rates are assessed and determined annually by your municipality. They usually fall somewhere between 0.5 to 2.5%. Stone Mills homebuyers will often assume that the bigger the house, the more they'll pay. But this isn't necessarily true as the tax rate is multiplied by the home's current market value, which can change year-to-year based on recently sold properties. 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 updates multiple times each day, featuring all the available listings in Stone Mills. But why settle for basic property details when you could unlock Stone Mills' real estate history! And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.

When looking for a house in Stone Mills, many buyers will overlook the closing costs. It's important to be aware of what these costs are, so you can budget accordingly prior to making an offer. The average closing costs in this city will typically come to about 1.5% - 2% of the purchase price, although this can vary. For example, 2% in closing costs on an $800,000 house would be $16,000 that you need to budget for. 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 Stone Mills real estate lawyer will be necessary to conduct a title search, arrange title insurance, plus register the home under your name. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.