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    Houses for Sale in East End, Toronto, ON

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    What is the current state of the real estate market for houses in East End? Is it a buyer's or seller's market?

    The average house price in East End is $1,471,266, based on Strata.ca statistics. If you're looking to buy, 163 are on the market. Buyers should know that the average selling time of a house here is 12 days. With the current market condition for houses in East End, it's not a bad time to be a seller.

    What are some of the most popular neighbourhoods?

    It's hardly surprising that The Beaches, Leslieville | South Riverdale and East End are East End's most popular neighbourhoods. We isolate these neighbourhoods by looking at various factors that convey an area's desirability. The average sale price, average days on market, and the percentage of properties that have sold over asking are just some of the factors used to determine popularity.

    What are the most expensive neighbourhoods for houses?

    North Riverdale | Blake-Jones and The Beaches are East End's most priciest neighbourhoods. We isolate these neighbourhoods by looking at the average sold price over a set period of time. If you're looking for value, East End's priciest neighbourhoods may not be ideal. Instead, check out East End and Leslieville | South Riverdale for other alternatives.

    What are the cheapest neighbourhoods for houses?

    East End's cheapest neighbourhoods are Greenwood | Coxwell and Woodbine Corridor. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. For context, it's important to note that East End's average house price is $1,471,266.

    How do property taxes work in East End?

    Aside from mortgage payments, owning a house in East End will require that you pay an annual property tax. This tax helps pay for a variety of services, including garbage collection and snow removal. The municipality is responsible for assessing properties and determining its property tax rate, which typically land between 0.5 and 2.5%. East End 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.

    What is the best source for East End real estate listings?

    Strata.ca is the premier real estate website because it displays every home available in East End and the listings are updated multiple times per day. This platform offers something extra that many others don't. In addition to property specs, Strata.ca also provides extra data and rankings. And the best part - it's all presented in a user-friendly way, making it easy to find your dream home.

    What is the Walk Score, Transit Score and Bike Score like?

    With a walk score of 84, this is a very walkable city - ideal for those who want to be less car-dependent. This city offers great public transportation, with a transit score of 86. For cyclists, East End offers a bike score of 67, meaning there is some bike infrastructure to get around the city.

    What are the typical closing costs for purchasing a house in East End?

    When purchasing a house in East End, 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 East End, 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. All buyers are subject to the province's land transfer tax. 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. And lastly, buying East End 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. Be sure to put aside $2,000 to cover the cost of your real estate lawyer, although legal fees can vary.