Houses for Sale in Norfolk, Toronto, ON

none available are Norfolk's most popular neighbourhoods. Strata.ca examines specific criteria to determine a neighbourhood's level of desirability. 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.

Norfolk's most priciest neighbourhoods 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.

The most affordable neighbourhoods in Norfolk are none available. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Overall, houses in Norfolk are selling for an average of unknown.

Annual property taxes cannot be overlooked when assessing what it costs to own a house in Norfolk. 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%. Some Norfolk 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 instance, if your home's market value is $800,000 and the municipality's property tax rate is 0.5%, you'd pay $4,000 that year.

The go-to website for your Norfolk real estate search is Strata.ca, which showcases every property available, so you'll never miss an opportunity. But why settle for basic property details when you could unlock Norfolk's real estate history! 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.

When looking for a house in Norfolk, 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. When searching for a house in Norfolk, 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. A significant portion of your closing costs will be dedicated to the land transfer tax. These taxes are based on a percentage of the total purchase price. First-time homebuyers could be eligible to receive a rebate on a portion of taxes paid. Finally, a Norfolk 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.