Whether homebuyers move to Toronto for job opportunities, better amenities or to be closer to transit, as this city continues to develop, it is expected that demand will grow alongside it. Don’t forget that Thunder Bay is surrounded by nature, Great Lakes and national parks, so there’s something for everyone in this affordable city! About Us | Terms & Conditions | Privacy Policy | Contact Us, 11 Cheapest Places in Ontario Canada to Buy a Home. Average home price: $521,934. Greater Toronto Area: $115 – $215. Coburg is a great place to retire or to have a summer home in. The advantage of living in Waterloo is that the unemployment rate is low at 5.5% and Waterloo has a strong job market. This is because Ottawa is the home of most of Canada’s government services, meaning there are a lot of government jobs available. On nice days, you can enjoy the city’s gorgeous Dieppe Gardens. Readers are advised to do their own research and make decisions in partnership with their health care provider. Browse 1,624 cheap houses for sale in Oregon, priced up to $200,000. Tags: best places, canada, cheap, cheapest places, cities, finance, homes, neighborhoods, ontario, ontario canada, real estate, where to live. 52% of Canadians believe real estate will remain one of the best investment options in 2021. This means with the lower cost of living, your money will go further in Waterloo. On average, buying an apartment in the city center is 5,489 per square meter. According to the report, the best place to buy a home on a single income is Saint John, New Brunswick, where the average home costs $171,596 and the median income is $39,163, which gives the city a price-to-earnings ratio of four. Finally, the average home price is $368,490. Small, rustic and awkardly laid out on a triangle-shaped corner lot, the cheapest house for sale in Toronto right now will cost you $500,000. To rent a one-bedroom apartment in the center of Ottawa is $1,527, but outside the city center is $1,199. Ontario has numerous farms and rural areas as well. The city also has many different museums and cultural sites, including the Canadian Transportation Museum and the Amherstberg Freedom Museum. There are also plenty of parks that offer sports fields, walking and biking paths, and outdoor and indoor pools. The most important sectors in Kingston are health care, higher education at Queen’s University, government, tourism, manufacturing and research. Guelph, Ontario is the best-connected city to Toronto on this list as Go Transit has daily busses and trains to go between Guelph and Toronto. You can watch out for bargains using the Price Drop option, and you can also sort and filter listings according to price. Orillia makes a lot of their money from tourism in the summer and their largest employer, Casino Rama. Size: 6,000 … Waterloo is last on our list as it is a bit more expensive than the rest of the cities we discussed with an average cost of a house there is $479,797. Map. Kingston also has a low unemployment rate at 6.3%, making it a good place to start a new career. James is a writer based in Ontario who has a background in IT. Since many people may not be familiar with the city, Sudbury is located in Northeastern Ontario, 390 kilometres north of Toronto. Waterloo also has great education options with two of Canada’s biggest universities: University of Waterloo and Wilfrid Laurier University. Map. This means that Coburg’s economy is heavily reliant on tourism. Getting around the city is easy as well with great, affordable public transport. Due to its proximity to the States, Windsor has a lot of Canadian residents that work in Detroit, but live in Windsor thanks to its low cost of living. But inventory is limited. But, there are plenty of jobs in Orillia, typically in manufacturing, government services, tourism and customer service. You may have passed Kingston on a road trip to Montreal as it is located between Toronto and Montreal, Quebec. The benefit of having so much space with a small population is that Sudbury is one of the largest municipalities with a low population density of 49.3 people per square kilometre. If you are pregnant, nursing, have a medical condition or are taking any medication, please consult your physician. Available Today! Ontario is a minimally walkable city in San Bernardino County with a Walk Score of 46. Please seek advice from a qualified professional prior to making any financial decisions based on the information provided. Since many… We've made real estate data like average house prices, housing inventory, and days on market readily available to you. Real estate agents across Ontario are being overwhelmed by buyers interested in purchasing a piece of cottage country. 1) Windsor. At under $16,000, the listing notes that this four-bedroom, two-storey home is "priced to sell!" Just 95 kilometres east of Toronto, this small town has a lot to offer. The average price of resale residential homes sold across the province in February 2021 was a record $864,159, rising 24.5% from February 2020. Ontario is the most populated province in Canada, located on … Rishabh Gandhi. Press ESC to cancel. 2 bds. 1 Bath. (613) 236-7289. The statements on this website have not been evaluated by the Canadian Food Inspection Agency, Health Canada, Food & Drug Administration or any other medical body. Guelph is also a great place for university students as the city has the University of Guelph which has a location in Toronto as well at the Humber campus. C$584,900. That is not necessarily a bad thing though if you are looking to get out of the big city and move to a more nature-centric city. $ 60,000. Having both types of environments means there’s something for everyone in London. Thunder Bay is a great city for families or couples looking to buy their first home as the cost of living is so low. 5 Saint Joseph St #205, Toronto, ON M4Y 0B6. Kingston is a military city as the Canadian Forces have a base with 9,642 personnel. With plenty of parks, sports fields, trails, and pools, there’s plenty to do in Waterloo and nearby cities like Kitchener. Morrisburg, Stormont, Dundas and Glengarry. Condo townhouse. Bds. There is plenty to do in the city with plenty of festivals like the Harrow County Fair, many museums like the Canadian Transportation Museum, beautiful gardens and the Windsor waterfront with views of Detroit’s skyline. Price-to-Rent Ratio: 16. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Despite being a city, Thunder Bay has a lot of great natural areas and lakes around to make living there even more tempting. 2 bedroom (s) 1 bathroom (s) Year round mobile home in Markell mobile home park unit # 6. This is because they have a very diverse range of employers with manufacturing and education being the leading sectors in Guelph. For accurate market information, consult a local real … A one-way ticket is on average $3.00 while a monthly pass is $75. As of August 2020, the average price of a residential home in the City of Guelph is $647,817. … Rent in Kingston is actually 42% lower than Toronto. 10 The Driveway, Ottawa, ON K2P 1C7. Real Estate 12 Incredibly Cheap Houses for Sale in Canada. This makes Ottawa a good place for families, students and young professionals looking to start their career. Property. So, you can get similar big-city amenities and events in London at a fraction of the cost compared to Toronto. There are many tech companies located in Waterloo, so if you work in the tech industry, Waterloo is the perfect place for you. Pittsburgh, PA. Our goal at Sustainable Planet is to recommend only the best products to our fellow Canadians! London is also a great location as it is just outside of the Greater Toronto Area and is close to the United States border. Orillia may be a good place to retire or for people with families due to it being a smaller city. Ontario. Trois – Rivières, Quebec. Begin typing your search term above and press enter to search. If you want an apartment in Waterloo instead, to buy one will set you back $4,650 per square meter and renting a one-bedroom apartment in the city center is $1,513. Sold 1 day ago. https://www.point2homes.com/CA/Cheap-Homes-For-Sale/ON.html 207 Miller Street, Lipton, Saskatchewan. They also have seasonal flights to Orlando, Cancun, and Punta Cana. London has a busy downtown, but the suburbs are quiet and have plenty of great parks and trails. Due to its proximity to both major cities, Kingston is a great place to live. In the past month, 118 homes have been sold in Ontario. Lastly, the city has two great universities: Carleton University and the University of Ottawa, for when your children grow up. Residential. Zillow has 16,362 homes for sale in Ontario. Saint John: 4 (average home price: $171,596, median one-person income: $39,163) 1) Windsor The city of Windsor’s median house price is $174,800 CAD, much lower than many other comparable cities in Ontario. The province of Ontario is home to over 13 million people. It is a smaller city with 131,794 people but has a great economy. As it is a small town, the average price of a house is low at only $256,789 and rent for a one-bedroom apartment in the city is $1240. As it is a bigger city, the low cost of living in Windsor is not the only thing that draws residents. Ottawa is also a great place to live because the city has a low crime rate, making it ideal for families and children. The city of Windsor is also a great choice for anyone who likes traveling. Ottawa. 3 Beds. 1 bed, 2 baths, 1 parking. Some places in Ontario are more affordable to live than others, though. Property Taxes: $1,387. Even closer to the United States border is Windsor, Ontario which sits along the border to Detroit. The smallest city on our list so far is the city of Orillia with a population of 31,166. In his free time, he loves to travel, swim and make a positive difference in the world. Buying an apartment in the city center will cost $2,992 per square meter while renting a one-bedroom apartment in the center will cost $1,163 a month. 2 ba. If you don’t move to Coburg, you should definitely visit in the summer! $595,000. The low cost of living is not the only benefit of Thunder Bay, there is a prominent university, Lakehead University in the city that makes it a great place for students as well. The average price to buy an apartment is $3,498 per square meter while the average price of a home is $303,183. A lot of residents open their businesses solely for tourism in summer as the city is very popular among tourists. Sudbury is surrounded by freshwater lakes, pristine forests and beautiful parks to explore. Unprecedented prices! Sudbury is also home to the Northern Ontario Film Studios, making the city the fastest-growing market in Canada for film and television. Edmonton: $130 – $185. Find cheap homes for sale, view cheap condos in Oregon, view real estate listing photos, compare properties, and more. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. - Condo for sale. This is what makes Guelph an attractive place to live in. In the Kitchener-Waterloo area in Southern Ontario, the average house price is $378,248 CAD. The more comprehensive year-to-date average price was $837,731, rising 25.4% from the first two months of 2020 and surpassing $800,000 for the first time ever. Products and/or information are not intended to diagnose, cure, treat, or prevent any disease. As Ontario hosts one of Canada’s most expensive cities to live in, Toronto, many people think all of Ontario is an expensive place to live in. This makes it a great area for military personnel to live in. You can rest assured, whatever you buy will be the best according to our standards! 121 Ling Rd #304, Toronto, ON M1E 4Y2. But, despite the size, the city is still quite affordable compared to other big cities in Ontario. London is a very desirable option for those looking for cheap homes, which is why it appeals to first-time buyers, young families and millennials. There are numerous performance spaces that put on world-class shows, and there are many modern galleries. The information provided on TheFinancialWord.com is for information purposes only. See more in: Mississauga. Sudbury comes in as the second cheapest place to live in Ontario as buying a house is on average $268,696. 14154 Anderson drive unit#6, morrisburg, Ontario k0c1x0. Despite being a smaller city, Sudbury still has great job options, particularly in financial and business services, education, government, health care, research and tourism. There are 59 affordable rental homes in Ontario with prices starting at $100 per month. If you want to buy a home instead, the good news is that the average price of a home is only $217,745. To rent a one-bedroom apartment in the city center is $923 a month. Despite being so ingrained in nature, Sudbury still has city amenities with a population of 161,531 people. Windsor’s location is also very accessible as you can drive to the United States or Toronto, or the International airport offers daily flights to many major cities. This makes Windsor a great city for university students, families and couples looking to buy an affordable home. The home price data we report is consistently refreshed, with … Jobs in London tend to lie in the education, healthcare and financial sectors, but there are plenty of jobs available in London if you’re wanting to make the move. $1,000,000 CAD. So, if you work in any of these sectors, Sudbury would be the perfect place for you! As Canada’s largest province by population, with a population growth rate of 9.56% from 2016-2020, Ontario’s new housing market is one of the fastest growing in the country. As Kingston is located along Lake Ontario, there is plenty to do. Orillia is located in Simcoe County between Lake Couchiching and Lake Simcoe and is frequently called “The Sunshine City” as Orillia has a popular, sunny waterfront. We are a participant in the Amazon Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon and affiliated sites. There are no major universities or colleges in Orillia, but Toronto is only a little over an hour away, so commuting is possible. 1 – 146 William Duncan Rd – $579,900. The cost to build a home in Ontario varies greatly depending on the location of the build. With two waterfront areas, beaches and a sandcastle festival, there’s plenty to do! The cost of a house in Guelph is slightly higher than some of the places we discussed, with the average cost of a house being $436,000. Guelph also has a great downtown area with lots of shops, restaurants and cafes to explore. But, the average median income in Guelph is also higher at $40,000 a year. The price for a house in Ontario in 2020 is forecasted to be 648,100 Canadian dollars. Calgary: $125 – $185. The average price of a home in Ottawa is $418,232, but the median income of citizens in Ottawa is $44,189, $10,000 more than Thunder Bay, Sudbury and Windsor. Average 5-year rent increase: 11% Avg … Kingston, Ontario is a city located on the eastern end of Lake Ontario. This city of about 200,000 people has tons of different events throughout the year, including the Harrow County Fair, a book festival, and a lights festival in winter. How far away it is from Toronto is a big part of what makes the cost of living in Sudbury low. At the start of 2020, the Toronto Regional Real Estate Board (TRREB) shared that shrinking inventory had led to a double-digit jump in housing prices. Cheap Real Estate Market Overview. As an Amazon Associate we earn from qualifying purchases. Median Property Price: $230,803. Asking price: $16,500. Overall, if you’re looking for a smaller city with a low cost of living, Orillia is a great choice! Some places in Ontario are more affordable to live than others, though. The reason Waterloo is still on our list is that the cost of living is significantly lower than Toronto still and the overall cost of living in Waterloo is quite low. This makes it easy to visit either the states or Toronto whenever you want! Even though Ottawa is the nation’s capital city, it is still one of the cheapest places to live in Ontario. The smallest place on our list is the town of Coburg, Ontario with a population of 19,440 people. Last updated 21 Apr 2021. This mobile home features open concept living room/kitchen, laundry, 4pc bathroom and 2 bedrooms... 3. The city of Windsor’s median house price is $174,800 CAD, much lower than many other comparable cities in Ontario. This also means that year-round, there are not a lot of job opportunities in Coburg which is what makes it a good town for retirees who no longer want to work. If you’re thinking of moving to Ontario, this list of 11 affordable cities and towns will help you choose a place that’s perfect for you. London has a small-town atmosphere with big-city amenities, making it the ideal place for people who want a big city life at a lower price. At $1,905, Ontario’s rental rate was second highest, while Newfoundland and Labrador was the lowest at $934. There are plenty of jobs in Thunder Bay as well, especially in the transportation, education, manufacturing, mining and forestry industries. All ideas and opinions expressed are completely our own. 10 The Driveway. Newfoundland Fixer-Upper. Guelph actually has one of the lowest unemployment rates in Canada at a low 4.2%. Ontario’s hottest cottage real estate markets of 2020. Zillow has 226 homes for sale in Ontario CA. The Best Sump Pumps In Canada for 2021 – Review & Guide, The Best Waffle Makers In Canada for 2021 – Review & Guide, The Best Shoe Brands Made in Canada for 2021, The Best Beard Trimmers In Canada 2021 – Review & Guide, 12 Best Coffee Grinders In Canada 2021 – Review & Guide. Mapleview Drive E & 20th Sideroad, Barrie, Ontario. Winnipeg: $125 – $190. This means not only plenty of employment opportunities, but also similar salaries. Zolo's real estate market trends gives you an up-to-date look at the Toronto housing market. Price per Square Foot: $84. Ontario experienced the highest annual decrease of 15.1%, a $339 difference from March of 2020. 4 Baths. The city of Windsor’s median house price is $174,800 CAD, much lower than many other comparable cities in Ontario. British Columbia, Alberta, Saskatchewan, Northwest Territories, Ontario and Quebec all decreased yearly. Sudbury comes in as the second cheapest place to live in Ontario as buying a house is on average $268,696. 5 Beds. 3821 Swiftdale dr, Mississauga, Ontario. It is a great city to live in to be connected to Toronto with a lower cost of living. Population: 994,000. Kingston also has a low cost of living with the average price of a house being $305,155 and the rent for a one-bedroom apartment outside the city center is $1,224. 114 Rollingwood Dr. Log in or Sign up to view this listing. So, even though the houses are slightly more expensive, there are tons of job opportunities in the city. RE/MAX Canada is anticipating healthy housing price growth in 2021, with move-up and move-over buyers continuing to drive activity in many regions across the Canadian housing market. Ottawa's housing marketalso surpassed expectations with a 31% increase in average home prices to $677K and a 50% increase in transactions compared to March 2020. Montreal's housing market, a major winner in the past few years, lagged slightly behind with a 14% increase in average home prices and 31% increase in transactions. Rent in Windsor is 56% lower than Toronto. The Windsor International Airport has daily flights to Toronto and Calgary. This rate of growth is fuelling an already high level of housing demand, which is driving up prices, but comparative to the rest of Canada, Windsor still sits comfortably on the top spot as the most affordable real estate market in Ontario, according to the 2020 RE/MAX Housing Affordability Report. After work, Kitchener-Waterloo residents can take advantage of all the entertainment options in the area. London, Ontario is the sixth-largest city in Ontario with over 366,000 people. 3 Baths. Waterloo has also made it to this list as the economy in Waterloo is similar to bigger cities like Toronto. The contents of this website are meant for informational purposes only. Sold. Apply filters to find a low-cost property in Ontario suited to your needs. This garden is located on Windsor’s waterfront, and it offers amazing views of the Detroit skyline. $950,000. Thunder Bay is in Northwestern Ontario and is the most affordable city in Ontario. Water activities like kayaking, boat rides, canoeing, and swimming are all popular in Kingston. Ba. See our unbeatable deals inside & find cheap houses for sale today. It is not intended to be, nor does it constitute financial advice. Keep reading to find out what the cheapest places to live in Ontario are. Trois -Riviere’s city is known for the three rivers as the old river Maurice at … Bds. The cost of living in Orillia is relatively low with the average price of a house being $329,900 and renting a one-bedroom apartment is $1200 a month. No wonder it makes our list for one of the best places to live in Canada! Closest major … Sold. It’s famous for its many lakes—there are over 250,000 lakes in Ontario, and these lakes have one-fifth of the world’s water supply. With only 107,909 people, it is quite a small city. The 5 Most Affordable Home Markets. 511 - 2325 Central Park Dr. Log in or Sign up to view this listing. While Toronto is undeniably expensive, many other cities throughout Ontario are affordable to live in. Rent is also lower in Ottawa, 29% lower than Toronto. When it comes to the average cost to build a home in Canada, according to Altus Group’s 2020 Canadian Cost Guide, the price per square foot for a detached home in major Canadian cities is as follows: Vancouver: $145 – $260. $1,025. Ontario is home to approximately 164,260 people and 92,516 jobs. If you’re thinking of moving to Ontario, this list of 11 affordable cities and towns will help you choose a place that’s perfect for you. It’s also home to the largest city in Canada with Toronto and the capital of the country with Ottawa. If you’re thinking of moving to Ontario, this list of 11 affordable cities and towns will help you choose a place that’s perfect for you. Ottawa’s houses are slightly more expensive than the first three cities we discussed, but the average income is higher in Ottawa to make up for it. Ottawa actually has one of the lowest crime rates among large cities in Canada and crime rates continue to decrease. To rent a one-bedroom apartment is $978 a month in the city center and $828 outside of the center. The city has also retained a lot of its history like the famous Fort Henry, making it a great place to explore nature and history. Ontario truly has something for everyone, for those who prefer rural towns to those who like the action of big cities. Buy, buy, buy. $1,259,000 CAD. In addition to houses in Ontario, there were also 52 condos, 11 townhouses, and 14 multi-family units for sale in Ontario last month. Making it a great city for university students and families. While this is a bit higher than other areas in Ontario, Kitchener-Waterloo makes up for it by having a low unemployment rate of 5.5 percent. Plus, there are many fun festivals throughout the year, including the Kitchener-Waterloo Oktoberfest, the Kitchener Blues Festival, and the Kitchener-Waterloo Multicultural Festival. How much does it cost to build a house in Ontario? C$438,800. We sell cheap houses and our prices start from $4,999 only! We do this by analyzing thousands of reviews, and testing each product extensively. With its lower cost of living, this makes Guelph a great place to live in. This means that you will not be isolated, but you and your family will have the space you need to grow and explore. MLS® ID #E5191605, ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE. Described as a fixer-upper being sold as is, the home sits on a one-acre lot and "would make an ideal starter home or weekend getaway." A single-family detached home can be found for around $200,000 in an affordable area, which is very well priced and reasonable for first-time homeowners. Residential. Ba. The cost of living index in London is 15% lower than Toronto and rent in London is 46% lower. Save this home. Windsor is also a great city for university as one of Canada’s well-known universities is there, the University of Windsor. The Kitchener-Waterloo area is home to many different tech companies, and it has a strong job market overall. Studio-2 Beds. As the town is located along Lake Ontario, there are some beautiful beaches and waterfront areas that attract a lot of tourists in summer. But also similar salaries London is 15 % lower than many other throughout! Professional prior to making any financial decisions based on the information provided on TheFinancialWord.com is for information only. Undeniably expensive, many other comparable cities in Ontario Joseph St # 205 Toronto. 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