One Ontario City Has Some Of The Cheapest Houses & They Are Selling For Way Under Asking

Owning a house in Ontario may seem like an impossible feat, but one town is looking surprisingly affordable these days.

Kingston, Ontario has some of the cheapest homes in Ontario right now, and they're selling under asking, according to reports.

The average price of a single-detached home in Kingston is $631,280, making it the fourth-least expensive area to buy a home in Ontario, according to a report by RE/MAX.

Kingston houses are also selling 9.58% under the asking price with an average list price of $684,804 and an average selling price of $619,199, according to a new affordability report by Zoocasa.

So if you're looking to settle down with a downpayment, Kingston may be a frugal-friendly option in the Ontario market.

Torontonians are likely tired of hearing just how frickin' expensive it is to own a home, but (surprisingly) the city doesn't have the priciest real estate across the province.

A recent report from RE/MAX predicted what Ontario's house prices will be in the coming year, and they're expected to get even more expensive.

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If you've always wanted to invest in Toronto but your pockets aren't quite deep enough for a condo, this tiny portion of land on the Danforth could be your next big investment.

Last week, a strip of land barely big enough to house Stuart Little was listed for $49,999, and Toronto real estate agent Anthony De Cesare told Narcity it has already received two offers.

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Here’s How Much Money You Need To Earn To Afford A Home In Different Cities Across Canada

Those earning six figures will still need to save for 20+ years in some cities. 😭

It's time to start saving, Canada! A new report from the National Bank of Canada has revealed exactly how much money you need to be making to afford a house in some of Canada’s biggest cities — and nope, it’s not good news.

According to the data, shared in November 2021, housing affordability in Canada continued to get worse throughout the summer and into the fall of this year.

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Are you hoping the new year will bring you a pair of shiny new house keys?

Housing affordability has made homeownership a pipe dream for some people in Ontario, with prices rising and not expected to get any cheaper anytime soon, according to RE/MAX.

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