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The average time on the market for property in Guelph is 30 days.
Typical maintenance fees for property in Guelph are around $489 per month.
The average age of property in Guelph is 41 years.
The average property tax in Guelph is $6,315.24 annually.
The average price range in Guelph is between $324,900.00 and $4,200,000.00.
Typical property sizes in Guelph range upto 5000 sqft.
The COVID-19 pandemic initially slowed the market, but it quickly rebounded. There has been a significant increase in demand for larger homes and properties outside urban centers due to remote work and the desire for more space.
Yes, first-time homebuyers in Ontario can benefit from programs such as the First-Time Home Buyer Incentive, the Home Buyers' Plan (HBP), and the First-Time Home Buyer Tax Credit. These programs provide financial assistance and tax benefits.
The land transfer tax in Ontario is calculated as a percentage of the property's purchase price and varies based on the price bracket. First-time homebuyers may qualify for a rebate on the land transfer tax.
Risks include market volatility, potential interest rate increases, and economic downturns. It's important to conduct thorough research and seek professional advice to mitigate these risks.
Common types of homes include detached houses, semi-detached houses, townhouses, condos, and apartments. There are also luxury properties, cottages, and rural homes available.
Consider factors such as location, building amenities, condo fees, the financial health of the condo corporation, and the rules and regulations of the condo association.
Vikas Palan, Sales Representative
Homelife Superstars Real Estate Ltd.
For Questions or to Schedule a Visit, Please Contact
Call: 416-939-2500 or Email: vikas@vikaspalan.com
* Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information may only be used for informational purposes and must not be utilized in commercial activities or other improper uses, as it could cause legal issues. However, this data has been deemed reliable but not guaranteed accurate by TRREB nor Roofup representatives because they do their best to ensure accuracy while relying on multiple sources without independent verification.
** Contains information licensed under the Open Government Licence – Ontario.
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