As home prices in Hamilton, Burlington Oakville and Mississauga continue to rise, where can you afford to live? Let's have a look at the average sales prices for different home types in February 2020.
Average Sales Price For A Detached Home in February 2020
Average Sale Price For A Semi Detached Home in February 2020
Average Sales Price For A Freehold Townhouse in February 2020
Average Sales Price For A Condo Townhouse in February 2020
Average Sales Price For A Condo Apartment in February 2020
When buying a home there are also other financial considerations you will need to think carefully about
When buying a home, there are costs and additional expenses to consider aside from being approved for a mortgage and providing a downpayment on a home. Canada Mortgage and Housing Corporation suggest you will need the equivalent of about 1.5% to 4% of the purchase price to cover closing costs and allow you to complete your home purchase. More information about other financial considerations can be found in the following blog:
What amenities does the neighbourhood offer?
What are the schools like? Is it important to be within walking distance of the school?
How much time will you spend commuting to and from work?
Burlington, Ontario is ranked by Maclean's Magazine as Canada's best community and best place to raise a family.
If you are thinking about moving to Hamilton, Burlington, Oakville, Mississauga or the surrounding areas we're here to help you find the right home.