Ready to buy your new home in North York? You must have been thinking all about your new home for years. Maybe you want a house for sale in North York that has an open-concept living space - the kind that you see in Pinterest and design magazines. Or maybe having a basement is a top priority for you and your partner. Your kids will also have a long wishlist for the new home. Your little ones might want a big yard where they can play to their heart’s fullest. Or they must be saying on repeat that they want their new home to have a lot of bedrooms and bathrooms. So, how do you plan to find this home for sale in North York that ticks every box on your wishlist? Your answer is The Canadian Home. This is the platform where you can find and buy a house in North York without much stress and hassle.
Why? That’s because The Canadian Home gives you a range of filters so you can find your dream house in North York easily. You simply need to set the filters on our platform as per your wishlist and you’ll find a range of homes in seconds. Couldn’t find a feature that you need in your new home in our search filters? No worries! Type what you are looking for in the “keyword” box, and you’ll find all the North York houses for sale that could be perfect for you and your family. Here are some other tools and features at The Canadian Home that can make your home-buying journey easier -
Do you really want to buy a house for sale in North York that is far out of your budget? Definitely no! Thankfully, the Canadian Home has an affordability calculator. Use this and you'll find out how much you can spend on your new home. You won’t have to fill out a long, complex form to find out your affordability. You would have to just enter a few basic details, and you’ll know your spending limit on the new home in seconds. Scroll down on the property details page to use the Home Affordability Calculator!
How do you find out if there are any good schools near your new home? Easy - you can find a school rating section right here on the property details page at The Canadian Home. You can learn about which schools are near the home, plus it’s Fraser Rank. Take a look at houses for sale in North York near top schools!
You might find an MLS listing in North York that you feel could be “the one.” But it’s possible you do not want to book a private viewing right away - you want to first look at the house before getting all serious about it. An open house is the perfect solution for this situation. You can see if a house has an open house coming up on the property details page at The Canadian Home. You can find the time and date of the open houses.
Do you think at The Canadian Home, you’ll only find houses for sale in North York Toronto? No, you’ll also find rental homes, pre-construction properties, and investment homes here. So, whatever your home-buying needs are, The Canadian Home can help you find your perfect new home.
Take a look at the homes for sale in North York today!
North York was once a city and township. But it is now an administrative district of Toronto. A lot of homebuyers are buying a home in this suburb instead of the downtown area of Toronto. And the reasons for it are obvious.
Yes, North York is not right next to the downtown area. But still, a lot of people are moving to this suburb in Toronto. Want to know why? It’s because North York is well-connected to the downtown. There are subways and GO Train stations that can get you to Toronto in just around 25 to 30 minutes. Plus, you must know that Highway 401 passes right through North York. You can use this to reach the downtown area by car.
Do you love shopping? If yes, that’s another big reason to buy a house in North York - there are a lot of shopping malls here. There’s the Bayview Village Mall, Centrepoint Mall, and the Yorkgate Mall.
Here, you'll get to meet people from Iran, India, Korea, China, and everywhere else. You can take part in the different festivals held here throughout the year and get to eat food from different cuisines. A lot of these festivals and events are held in the Mel Lastman Square.
You’ll find a lot of good secondary schools in North York like the Bayview Secondary School and Earl Haig. Many of the best elementary schools in Toronto are also in North York. That’s not all! YorkU, the third largest university in Canada is in North York.
Toronto is one of the most competitive housing markets - you must certainly know about this. The price of homes in this city is quite high, plus homes get sold within just a few days. This same trend is seen in North York, the big suburb of Toronto.
Key Highlights of the North York Housing Market -
Scroll above and take a look at the houses for sale in North York!
People are still buying detached and semi-detached houses in North York. Even though they have to pay over a million for these houses. They are doing this because they get a lot of perks in these houses that they do not usually get in a condo or townhouse such as -
There are 677 detached and semi-detached houses for sale in North York right now. Scroll above and take a look at them!
The first neighbourhood you can look at in North York is Don Mills. This area is on the south side of North York.
Highlights of The Don Mills Area -
The Bayview Village is a posh neighbourhood in the North York area. The price of homes in this neighbourhood can be a bit high. The average price of a detached MLS listing in Bayview Village, North York is around $2M.
Highlights of The Bayview Village Area -
This area is right in the centre of North York. It is home to over 79,000 people.
Highlights of The Willowdale Area -
The downtown area can give you all the perks and amenities you can think of. But it has a hustle-bustle that you may not always like. However, North York has a slow, relaxed pace that everyone looks for in their new city. You can also find all the perks in North York that you see in the downtown.
Take a look at the houses for sale in North York now!
The average price of a home in North York is $ 1,071,547 . The price of homes in the area has dipped by 4% from November 2023 to 2024.
In a detached house, you’ll have a lot of space inside and a yard in the front or back of the house. You won’t have to worry much about noise and privacy issues in these homes. But the price of a detached house is a tad bit higher than a semi-detached home.
A semi-detached house shares just one wall with another house on the block. Because of this, you’ll have a lot of space and privacy in these houses as compared to condos and townhouses for sale in North York. But the price of a semi-detached house is quite higher than a condo and townhouse.
In 1998, North York was merged into the city of Toronto, along with five other municipalities. Now, North York is one of the six administrative districts of Toronto. So, yes, North York is a part of Toronto.
The crime rates in North York are 13% lower than the national average. But keep in mind that all the neighbourhoods rank differently when it comes to safety. You must buy a house for sale in North York Toronto only in a neighbourhood that's safe.
You'll have to pay anywhere between 1.5% to 4% of the selling price of the home for the closing costs. You would have to pay these fees on top of your down payment on the closing day of the home.
If the price of your new home in North York is 500,000 or less, you’ll need a 5% down payment. Is the price of your new home somewhere between $500,000 and $999,999? You'll have to pay 5% for the first $500,000 and 10% for the portion above $500,000. This upper limit will increase to $1,499,999 from December 15, 2024. If the price of the home is above $1,000,000, your down payment will be 20%. This upper limit will increase to $1,500,000 from December 15, 2024.
There's no minimum income requirement for getting a loan in North York. You just need to have a debt-to-income (DTI) ratio of 43% or less. The lenders will also see if you have a steady income before giving you the green light for the loan.
Absolutely, you can get a mortgage even if you have a bad credit score. You must try to save more for the down payment of your new home - at least 20%. You can get a co-borrower who has a good credit score. There are also B-lenders in North York who can help you get a loan. But keep in mind that their interest rates will be much higher. Do you have some time left till you buy the house for sale in North York? If yes, try improving your credit score till then.
If you're buying a house for the first time, you can get a 30-year insured mortgage now, thanks to the new mortgage reforms. You can also get this loan if you're buying a newly built home. Check out how your payments will be on a 30-year loan with our mortgage calculator!