If you are reading this, we are pretty sure that you must be looking out for the best places to live in Ontario. I can assure you that you have landed on the right page. In this article, I will give you a detailed overview of the top 5 cities in Ontario perfect for first-time home buyers.
Top 5 cities for first-time home buyers in Southern Ontario
As a first-timer, you wouldn’t like to invest in a property that has sky-high rates. Hence, the following list comprises the best places to live in Ontario where buying a home will be economical for you.
1. Peterborough
If you are looking out for the best small towns to live in Ontario and that too near Toronto, then Peterborough can be a great choice for you. The beauty of this city is mesmerizing. Peterborough has an average home price of $505,998 that makes it a popular choice for first-time home buyers. Living in Peterborough will also provide you an opportunity to explore historic sites, art museums, cultural exhibitions, and many more.
2. Ajax
The beautiful town of Ajax lies 25 kilometers to the east of Toronto. It is located on the shores of Lake Ontario.The cost of homes in Ajax falls in the range of $671,000 and $910,000. The best thing about buying a home in Ajax is that you get to see nature in its full glory. Ajax is also known for its great neighbourhoods that provide this place with a friendly ambiance.
3. Sudbury
Located 390 kilometers to the north of Toronto, Sudbury falls on the list of the most affordable places in Ontario. It has an average house price of $268,696. If you love the outdoors and nature, you’re going to fall in love with Sudbury. With the house prices being low, it is a perfect location for people working from home or digital nomads to grow a family.
4. Thunder Bay
Thunder Bay presents before you a unique amalgamation of the picturesque rural areas and an amicable work environment. It is located in Northwestern Ontario. If you are someone who cherishes a lakefront, Thunder Bay is the perfect place for you. With an average home price of $217,745, Thunder Bay also offers plenty of job opportunities which makes it one of the best small towns to live in Ontario.
5. Kingston
Kingston serves as one of the most affordable places in Ontario for first-time homeowners. With an average house price of $305,155, Kingston can surely be the place you are looking for. The city has a little something for everyone. There are water activities during summers, amazing treks, and a lively downtown. A cherry on top of the cake would be its easy access to the 401, Montreal, Toronto, and Ottaw. If you are someone who likes to get the most out of the weekends, you can explore the historical and natural spots of Kingston.
Picking the right city to buy a house can be a very difficult decision. And that’s why, I am here to help you out! As Brampton’s top rated realtor and a legal administrator with 28 years experience, let me represent you as your realtor. Let’s find your dream home together.