Finding affordable condos in Ontario can be challenging, especially in major urban centers. However, several cities and neighborhoods offer more budget-friendly options:
1. Sault Ste. Marie:
- Average Rent: Approximately $973 per month for a one-bedroom apartment.
- Highlights: Known for its natural beauty, including rugged coastlines and beaches, making it ideal for outdoor enthusiasts.
- Average Rent: Between $900 to $988 per month for a one-bedroom apartment.
- Highlights: Offers a blend of urban amenities and natural attractions, with a thriving arts and culture scene.
- Average Rent: Starting at approximately $1,000 per month for a one-bedroom apartment.
- Highlights: Features stunning landscapes like Lake Superior and Sleeping Giant Provincial Park.
- Average Rent: Around $1,036 per month for a one-bedroom apartment.
- Highlights: Affordable housing market with a diverse community and proximity to the United States.
- Average Rent: Approximately $1,139 per month for a one-bedroom apartment.
- Highlights: Known for its exceptional social services, including healthcare and education, and a vibrant arts scene.
- Average Condo Price: $505,191.
- Highlights: One of the more affordable condo markets in the Greater Toronto Area.
- Average Condo Price: $462,167.
- Highlights: Among the most affordable neighborhoods for buying a condo in Toronto.
- Average Condo Price: $491,173.
- Highlights: Another budget-friendly area in Toronto for condo buyers.
- Average Condo Price: $336,200, nearly 38% below the national average.
- Highlights: Offers a more rural setting with affordable housing options.
- Highlights: Known for its affordable condo apartments, with several listings under $200,000.