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There are currently 137 listed for sale. Buyers should know that the average selling time of a house here is 16 days. Buyers and sellers are pretty evenly matched when it comes to houses for sale in York Crosstown.
Every city has its most in-demand neighbourhoods, and in York Crosstown they are Rockcliffe - Smythe, Caledonia - Fairbank and Keelesdale - Eglinton West. Strata.ca looks at a number of indicators to rank the communities most in-demand. Neighbourhoods with homes selling within the shortest time frame will usually have a higher popularity ranking.
York Crosstown's most priciest neighbourhoods are Briar Hill | Belgravia, Old Mill - York Crosstown and Lambton Baby Point. Strata.ca determines this by looking at the average sold price for the past year and contrasts it with other neighbourhoods. Buying in York Crosstown's priciest neighbourhoods may not be ideal if you're seeking good value. Beechborough - Greenbrook, Weston and Caledonia - Fairbank could be much better options.
Every city has neighbourhoods where property values tend to be cheaper - and in York Crosstown they are Mount Dennis, Keelesdale - Eglinton West and Rockcliffe - Smythe. Strata.ca assesses historical data to determine the average sale price for every neighbourhood. Many properties in York Crosstown's least expensive neighbourhoods are selling below the city's average of $1,245,177.
Homeownership in York Crosstown comes with a number of expenses, one of them being property taxes. This tax is crucial in providing local residents with essential services, including garbage collection, fire protection and policing. Each year, your municipality will determine its property tax rate, which typically lands between 0.5 and 2.5%. 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 York Crosstown homeowners assume that the bigger their house, the more they'll pay. 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.
Strata.ca is the premier real estate website because it displays every home available in York Crosstown and the listings are updated multiple times per day. But why settle for basic property details when you could unlock York Crosstown'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.
With a walk score of 75, this is a very walkable city - ideal for those who want to be less car-dependent. Meanwhile, the transit score is 77, making it easy to get around the city on public transportation. For anyone with a bike, York Crosstown offers some cycling routes, with a bike score of 54.
When purchasing a house in York Crosstown, 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. 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. All buyers are subject to the province's land transfer tax. If you're a first-time homebuyer, however, you could be eligible for a government rebate to bring down these costs. A real estate lawyer is necessary to finalize any purchase in York Crosstown, so you'll want to include their fees in your closing costs. Depending on the complexities of the deal, legal fees can range. But budgeting $2,000 for your lawyer is a good place to start.