Houses for Sale in Whitestone, ON

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

It's hardly surprising that none available are Whitestone's most expensive neighbourhoods. We isolate these neighbourhoods by looking at the average sold price over a set period of time. Not everyone can afford a home in Whitestone's priciest neighbourhoods. But none available offer incredible value at a much lower cost.

Whitestone's cheapest neighbourhoods are none available. Neighbourhoods are ranked by assessing the average sold price during the past 12 months. Many properties in Whitestone's least expensive neighbourhoods are selling below the city's average of unknown.

Property tax is one of the things you'll need to consider when estimating the cost of owning a house in Whitestone. This tax helps fund many local services, such as snow removal, fire protection, and much more. Each year, the municipality determines its property tax rate - which typically falls in the range of 0.5 to 2.5%. Some Whitestone 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 example, if the assessed market value of a house is $750,000 and the property tax rate is 0.5% - the homeowner would pay $3,750 to their municipality that year.

Strata.ca is the premier real estate website because it displays every home available in Whitestone and the listings are updated multiple times per day. 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 Whitestone. You'll have all the intel you need to outsmart the local real estate market.

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 Whitestone. Closing costs cannot be rolled into your mortgage. But rather, these are charges paid upfront on the day of closing. To be safe, budget about 2% of the purchase price. For instance, if you're buying a Whitestone house for $800,000 - then at least $16,000 should be set aside. 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. The most common way to reduce this tax is by applying for the first-time homebuyer rebate. Lastly, you'll need a Whitestone real estate lawyer, not only to facilitate the financial transaction, but to conduct a title search and register the property under your name. Real estate lawyers have varying rates, but many agents will recommend you budget about $2,000 to cover their fees.