Average price trends
449,900
Jan
469,000
Feb
429,900
Mar
What are the property taxes in Greater Sudbury Grand Sudbury and are there any other ongoing costs I should consider?
In Greater Sudbury, property taxes are calculated based on the assessed property value and tax rate, varying annually. As of the latest data, expect ongoing costs like utilities, insurance, and maintenance. Review the specific fees on the city website for accuracy: greatersudbury.ca/city-hall/tax-services/property-taxes/. Always consider these additional expenses when budgeting for a property in the area.
What types of upfront costs and fees will I have to pay when purchasing a property in Greater Sudbury Grand Sudbury?
When purchasing a property in Greater Sudbury, Ontario, Canada, expect to pay upfront costs including a down payment, home inspection fees (approximately $ 500 CAD), land transfer tax, and legal fees. For a more accurate estimate based on your specific purchase price, please refer to online calculators like those at ratehub.ca/land-transfer-tax-ontario.
How does the Greater Sudbury Grand Sudbury property market compare to ther regions in the Canada?
The average property price in Greater Sudbury, Ontario, as of 2023, is around $ 450,000 CAD . Comparatively, Toronto's average stands at about $ 1,000,000 CAD , while Ottawa's market sees average prices near $ 700,000 CAD . This makes Sudbury a more affordable option for buyers in comparison to these other major Canadian cities.
How competitive is the Greater Sudbury Grand Sudbury property market?
The property market in Greater Sudbury, Ontario, Canada, reflects a competitive landscape marked by stable growth. As of February 2023, the average house price was approximately $ 376,112 CAD . This reflects the city's appeal, driven by its mix of urban and natural amenities, attracting a range of buyers from diverse backgrounds.
