Ontario’s Average Home Price is $864,010 – Here’s What You Can Buy for That (and Less!)
If there’s one thing we can all agree on it’s that the past year (and counting) has been one heck of a rollercoaster. And house prices are no exception with a sizzling hot market leading to a year-over-year increase of 30% in the average Ontario year-to-date home price.1
Wondering what the average home price is? The current year-to-date average price of a resale residential property in Ontario is $864,0102 Let’s take a look at what this number can get you in cities across Ontario.
Want to live the cottage lifestyle all year long? Look no further than this gem. Located steps away from a beach, this home features gorgeous grounds with a fire pit, an insulated sunroom, beautiful patio and landscaping, and an equally spacious interior. Bonus: there’s even a guest house for all the family and friends you’re sure to host (COVID-19 restrictions permitting)!
This 3-storey executive townhome is ideally located in a prime central location of Mississauga. It’s a bright and spacious corner unit that features a modern kitchen with quartz countertops and a walkout to the deck and backyard. Not to mention lots of storage on every floor (woohoo!). You can walk to schools, shopping, and restaurants, and it’s minutes to the QEW.
This 2-storey home is close to major amenities, shopping, schools, parks, and Lake Simcoe. This bright, open-concept home has quartz countertops in the kitchen, 3 spacious bedrooms and 3.5 bathrooms, plus a partially finished basement with plenty of space and an inground pool in the backyard!
$749,900, Carleton Place
Hello gorgeous! This 3-bedroom, 2.5-bathroom home is completely move in ready and done to the nines. Featuring large windows for ample natural light, an airy open-concept design with spacious rooms on every level, modern but timeless finishes throughout and bonus features like a walk-in pantry. This home has it all!
$649,900, Niagara Falls
This beautifully updated brick bungalow features 3 bedrooms, 2 bathrooms, an open-concept floor plan, a finished basement with rec room and office, and a spacious backyard! There’s plenty of room in this home for all of your needs (and more!) while being close to schools, parks, transit, shopping and the QEW.
At well-under the Ontario average price and located in one of the province’s most booming cities, this detached home is a find! And it’s turnkey at that with a stunning exterior and a bright and contemporary interior. Enjoy nearby Hamilton Beach (a 5-minute drive) or head over to Toronto in less than an hour drive—the options are endless with this home!
Well, the proof is in the pictures – there are many great options across the province for less than the average house price in Ontario. Where will you be buying?
A local Purple REALTOR® can help you buy your dream home in Ontario. Plus, when you buy with one of our agents, we’ll give you $2,000 cash back!* Need to sell first? We’ve got you covered: you can sell with the guidance of a local Purplebricks REALTOR® and save thousands in commission. It’s how we’re making real estate better. Call 1-877-888-3131 to learn more.