Houses for Sale in Tiny, ON

Tiny's most popular neighbourhoods are none available. We assess how much interest there is for a neighbourhood by looking at various statistics. 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.

It's hardly surprising that none available are Tiny's most expensive neighbourhoods. The average sold price is able to tell us where a neighbourhood ranks in terms of cost. If you're looking for cheaper options though - none available also have great properties, but at much better value.

Tiny's cheapest neighbourhoods are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. In comparison, the average house in Tiny is selling for about unknown.

Aside from mortgage payments, owning a house in Tiny 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, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. Some Tiny 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 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 updates multiple times each day, featuring all the available listings in Tiny. 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.

A common mistake buyers make is overlooking the closing costs associated with purchasing a house in Tiny. These fees are standard in real estate, but can still catch you off guard if you're unprepared. When searching for a house in Tiny, 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. In Canada, regardless of where you purchase, all buyers must pay a land transfer tax. These amounts are set up by the individual provinces, with some municipalities imposing a second tax upon closing. 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. Lastly, you'll need a Tiny real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.