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Summary

Here Are The Top 6 Cheapest Spots In Ontario Where You Can Buy A Home In 2021

Toronto didn't make the cut.
Cheapest Ontario Cities To Buy A Home In 2021
Konstantin Lobastov | Dreamstime
Contributing Writer

If you want to purchase a home in 2021 without hurting your wallet, you might want to start looking in the cheapest Ontario cities. 

RE/MAX has released its Canadian Housing Market Outlook for 2021, and it's not all doom and gloom.

As it turns out, there are plenty of cheap spots to live in the province, so long as you don't mind moving out of the 6ix. 

Editor's Choice: Ford Is Ready To Scrap The 14-Day Travel Quarantine & Make Testing The Same As Alberta

$273,308 Average residential price in Thunder Bay

According to the report, the top six cheapest places to live in Ontario in 2021 will be Thunder Bay, North Bay, Sudbury, Windsor, Cornwall and London. 

North Bay will see homes sell for an average of $305K, while Sudbury will see $327K. 

It appears the further north you go, the cheaper the real estate becomes. 

A factor that could seem appealing to those looking to avoid densely populated areas in the wake of the pandemic.

Toronto, which is low on the list of cheap options, could see an average of a whopping $974K by next year. 

RE/MAX is reporting that younger people, in particular, could be looking to leave their current neighbourhoods for greener pastures.

TorontoCanadaReal EstateReal Estate
  • Patrick John Gilson

    Contributing Writer

    Patrick John Gilson (he/him) is a Contributing Writer with Narcity Media. He is a pro at ensuring his content is both exciting and tailored to millennials. He specializes in breaking news and investigative stories that require him to be on scene— something he enjoys and thrives in.

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