4,259 Property for sale in Simcoe listings are price checked
Listings from propertyinsiders.ca, forsalebyowner.ca and 16 more
Property value calculations
Do not overpay! With property price calculations you can make better choices when you are looking for your next place to live.
Using artificial intelligence, we analyse property adverts daily from various property portals, saving you time and providing valuable insights.
How we calculate property prices
The estimated market value for properties is calculated by using a proprietary formula that includes detailed information about a home (bedrooms, bathrooms, size and so on), Additionally, location, market dynamics and other key details are extracted from property listings to determine the correct price evaluation.
The precision of the estimates rely on the availibility of data and should serve as guidance rather than absolute certainty.
We remain committed to transparency and providing valuable market insights to our users, by helping them navigate the property market with confidence.
Living in Simcoe: A Quick Guide to the Real Estate Market & Neighborhoods
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Market status in Simcoe
Our catalog on AllClassifieds offers a comprehensive overview of the real estate sales market status in Simcoe (Ontario, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with houses leading with an average price of $ 1.2 million CAD, an average size of 2,447 sqft, and representing 54.2% of listings. Detached houses follow with an average price of $ 1.3 million CAD, an average size of 2,668 sqft, and 21.6% of listings. Condos make up 13.5% of listings, with an average price of $ 676,600 CAD and an average size of 1,079 sqft.
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FAQ
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What are the property taxes in Simcoe and are there any other ongoing costs I should consider?
In Simcoe, Ontario, property taxes depend on your property's assessment value. The current residential tax rate is around 1.33%. Besides property taxes, consider utility costs (water, electricity, gas), homeowner's insurance, and maintenance fees. It's important to research specific fees for your property as these can vary. For more details, please refer to the City of Simcoe’s official website.
What types of upfront costs and fees will I have to pay when purchasing a property in Simcoe?
When purchasing property in Simcoe, Ontario, expect to pay a land transfer tax, legal fees, and possibly a realtor commission. Additionally, inspection and appraisal fees may apply. Costs vary greatly, but starting estimates include land transfer tax from CAD$ 0 CAD -$4,475+. Legal fees may range from CAD$ 500 CAD -$1,500. Always account for these costs to calculate your total investment.
How does the Simcoe property market compare to ther regions in the Canada?
The property market in Simcoe, Ontario, features median house prices around $ 622,000 CAD , lower than Toronto’s $1,000,000+ CAD but higher than Moncton’s $ 330,425 CAD . While Toronto boasts a bustling urban market with high demand, Moncton offers more affordability with a growing market. Simcoe provides a balance between these extremes, presenting a moderate market suitable for various buyers looking for suburban comfort.
How competitive is the Simcoe property market?
The property market in Simcoe, Ontario, is relatively competitive, reflective of broader trends in the Canadian real estate landscape. For instance, as of 2023, the average house price in Simcoe hovers around $ 581,000 CAD , showing a variation indicative of demand. The market's dynamics also reflect a trend towards rapid sales, with listings often receiving multiple offers shortly after listing, and properties typically remaining on the market for around 10-30 days. This competitiveness is due to a mix of factors including Simcoe's appealing small-town charm, proximity to major cities, and diverse housing options.
