The smallest place on our list is the town of Coburg, Ontario with a population of 19,440 people. Map. 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. British Columbia, Alberta, Saskatchewan, Northwest Territories, Ontario and Quebec all decreased yearly. We've made real estate data like average house prices, housing inventory, and days on market readily available to you. Buy, buy, buy. Guelph actually has one of the lowest unemployment rates in Canada at a low 4.2%. We do this by analyzing thousands of reviews, and testing each product extensively. This makes it a great area for military personnel to live in. For accurate market information, consult a local real … But, despite the size, the city is still quite affordable compared to other big cities in Ontario. 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. There are also plenty of parks that offer sports fields, walking and biking paths, and outdoor and indoor pools. Sudbury comes in as the second cheapest place to live in Ontario as buying a house is on average $268,696. 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. 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. Kingston, Ontario is a city located on the eastern end of Lake Ontario. 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. 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. Ontario has numerous farms and rural areas as well. At $1,905, Ontario’s rental rate was second highest, while Newfoundland and Labrador was the lowest at $934. 1) Windsor. Thunder Bay is a great city for families or couples looking to buy their first home as the cost of living is so low. In his free time, he loves to travel, swim and make a positive difference in the world. On average, buying an apartment in the city center is 5,489 per square meter. See our unbeatable deals inside & find cheap houses for sale today. $1,025. It is a great city to live in to be connected to Toronto with a lower cost of living. 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. Price-to-Rent Ratio: 16. 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. Trois -Riviere’s city is known for the three rivers as the old river Maurice at … This means that Coburg’s economy is heavily reliant on tourism. C$438,800. Sold. Rishabh Gandhi. Winnipeg: $125 – $190. Some places in Ontario are more affordable to live than others, though. 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. A one-way ticket is on average $3.00 while a monthly pass is $75. Pittsburgh, PA. Save this home. At under $16,000, the listing notes that this four-bedroom, two-storey home is "priced to sell!" Waterloo has also made it to this list as the economy in Waterloo is similar to bigger cities like Toronto. Cheap Real Estate Market Overview. As an Amazon Associate we earn from qualifying purchases. Despite being so ingrained in nature, Sudbury still has city amenities with a population of 161,531 people. Tags: best places, canada, cheap, cheapest places, cities, finance, homes, neighborhoods, ontario, ontario canada, real estate, where to live. 2 ba. We sell cheap houses and our prices start from $4,999 only! 10 The Driveway, Ottawa, ON K2P 1C7. Some places in Ontario are more affordable to live than others, though. This means not only plenty of employment opportunities, but also similar salaries. 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. 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. 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." View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. How much does it cost to build a house in Ontario? James is a writer based in Ontario who has a background in IT. The most important sectors in Kingston are health care, higher education at Queen’s University, government, tourism, manufacturing and research. 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. 1 bed, 2 baths, 1 parking. Map. Residential. $950,000. 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. It is a smaller city with 131,794 people but has a great economy. Plus, there are many fun festivals throughout the year, including the Kitchener-Waterloo Oktoberfest, the Kitchener Blues Festival, and the Kitchener-Waterloo Multicultural Festival. So, you can get similar big-city amenities and events in London at a fraction of the cost compared to Toronto. 1) Windsor The city of Windsor’s median house price is $174,800 CAD, much lower than many other comparable cities in Ontario. C$584,900. There are plenty of jobs in Thunder Bay as well, especially in the transportation, education, manufacturing, mining and forestry industries. Calgary: $125 – $185. Zillow has 16,362 homes for sale 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. 3 Baths. 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. Sold 1 day ago. 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. $1,259,000 CAD. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 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. 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. Average home price: $521,934. 2 bedroom (s) 1 bathroom (s) Year round mobile home in Markell mobile home park unit # 6. 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. This is because Ottawa is the home of most of Canada’s government services, meaning there are a lot of government jobs available. Closest major … This mobile home features open concept living room/kitchen, laundry, 4pc bathroom and 2 bedrooms... 3. Lastly, the city has two great universities: Carleton University and the University of Ottawa, for when your children grow up. Kitchener-Waterloo residents can take advantage of living in Sudbury low Ontario suited to your needs with population! Listing notes that this four-bedroom, two-storey home is only $ 217,745 Film and.... Only 107,909 people, it is not intended to cheapest houses in ontario 2020, cure, treat or! 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