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There are currently 306 listed for sale. Buyers should know that the average selling time of a house here is 17 days. Between buyers and sellers, the market for houses in West End is fairly balanced overall.
Dovercourt | Wallace Emerson-Junction, Trinity Bellwoods and High Park | Swansea are West End's most popular neighbourhoods. We assess how much interest there is for a neighbourhood by looking at various statistics. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.
Every city has its expensive neighbourhoods, and in West End they are Palmerston | Little Italy, Dufferin Grove and Liberty Village. Strata.ca looks at historical data to calculate the average sale price for every neighbourhood. If you're looking for value, West End's priciest neighbourhoods may not be ideal. Instead, check out Bloor West Village | Runnymede, South Parkdale and Roncesvalles for other alternatives.
Every city has neighbourhoods where property values tend to be cheaper - and in West End they are Carleton Village | Pellam Park, Corso Italia | Davenport and Brockton Village. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Many properties in West End's least expensive neighbourhoods are selling below the city's average of $1,671,128.
Homeownership in West End comes with a number of expenses, one of them being property taxes. This tax helps fund many local services, such as snow removal, fire protection, and much more. Property tax rates usually fall between 0.5 and 2.5%, and are set out by the local municipality. To determine how much property tax you'll pay, the city will multiply that tax rate by your home's current market value - which can fluctuate year-to-year depending on the value of neighbouring properties. This is why it's not necessarily correct when West End homeowners assume that the bigger their house, the more they'll pay. 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 features all listings in West End, updated multiple times daily - you won't ever miss a property when using this platform. This website can show what your neighbour's house sold for last year. Or how much your grandmother's home might be worth in today's market. With Strata.ca, you can also get historical data on every property in West End. You'll have all the intel you need to outsmart the local real estate market.
Residents in West End are able to walk to many places, with the city ranking 85 in its walk score. Meanwhile, the transit score is 89, making it easy to get around the city on public transportation. For cyclists, West End offers a bike score of 66, meaning there is some bike infrastructure to get around the city.
All buyers must pay a series of closing costs when purchasing a house here. Your realtor and/or real estate agent can best advise on what these charges are. But here's a quick overview of what's involved when buying property in West End. 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. 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. 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 finally, when buying a home in West End, you'll need a real estate lawyer to close the deal. A good rule of thumb is to set aside about $1,500 to $2,000 to pay out your real estate lawyer upon closing.