Property for sale in Vaughan, York

What are the property taxes in Vaughan, York and are there any other ongoing costs I should consider?

In Vaughan, the property tax rate for residential properties in 2022 was 0.905249%. Besides property taxes, consider costs like utility bills (water, gas, electricity), maintenance fees for condo owners, and home insurance. These additional costs vary based on property size, type, and usage. Always budget for these ongoing expenses when planning your finances.

What types of upfront costs and fees will I have to pay when purchasing a property in Vaughan, York?

When purchasing a property in City of Vaughan, expect to pay upfront costs such as a down payment (minimum 5%), land transfer tax (approximately 0.5% to 2%), legal fees (typically between $ 500 CAD and $ 1,500 CAD ), and home inspection fees (around $ 300 CAD to $ 600 CAD ). Additionally, if applicable, mortgage insurance fees may also be a requirement.

What types of mortages are available and how can I get pre-approved?

In Vaughan, you can find fixed-rate, variable-rate, and adjustable-rate mortgages. To get pre-approved, gather your financial documents (income, debts, employment verification, and assets), select a lender, and submit your application. Pre-approval can help you understand how much you can afford, making your home buying process smoother. Visit your chosen bank or lender's website for specific application procedures.

How can I get a home inspection in Vaughan, York?

To get a home inspection in Vaughan, you can search online for certified home inspectors in the York region. Alternatively, you can ask for recommendations from local real estate agents or friends who recently bought a house in Vaughan. Make sure to verify the inspector's credentials and read reviews to choose a reputable professional.

How does the Vaughan, York property market compare to ther regions in the Canada?

The property market in Vaughan, with an average home price of around $ 1,220,000 CAD , is notably pricier than Calgary's, where properties average about $ 490,000 CAD . However, it remains more affordable when compared to Toronto, where average home prices hover around $ 1,300,000 CAD . Vaughan offers a balanced choice for those seeking properties in urban yet less bustling environments than Canada's largest city.

How can I verify the safety and crime rates in a particular Vaughan, York neighborhood?

To check safety and crime rates in Vaughan, visit the York Regional Police (YRP) website's 'Community Safety Data Portal' which provides updated crime statistics by neighborhood. Also, consider the City of Vaughan's official website for community safety information and initiatives. These resources offer detailed insights into local crime data, safety plans, and community policing efforts. Ensure to check both sources for a comprehensive overview.

What is the process of purchasing a property in Vaughan, York?

To purchase a property in Vaughan, you'll first need to secure a mortgage preapproval if needed, then hire a real estate agent specializing in the area. After finding a property, make an offer, undergo negotiations, and upon acceptance, conduct a home inspection. Finally, secure a lawyer to finalize the transaction, pay the closing costs, and then take possession. This process generally requires 1-3 months.

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701 Property for sale in Vaughan, York listings are price checked

27 FIRESTONE RD

#3805 -2916 HIGHWAY 7 RD

1 KOOTENAY RDGE

83 SYLVADENE PKWY

#2607 -1000 PORTAGE PKWY

73 RIVERSIDE BLVD

#1009 -7601 BATHURST ST

42 GUERY CRES

181 GIDLEIGH PARK CRES

62 SARNO ST

178 LAWRIE RD

343 MULLEN DR

119 CARPACCIO AVE

#401E -2908 HIGHWAY 7 RD

#TH13 -100 ARBORS LANE

#220 -333 CLARK AVE

311 YELLOWOOD CIRC

189 CRANBROOK CRES

#5110 -898 PORTAGE PKWY

11666 KEELE ST

13 BARBINI DR

#803 -9225 JANE ST

28 HARVESTER CRES

323 Glen Shields Ave

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