Buying
Kapuskasing is able to provide all the amenities of larger urban centres while retaining the ability to offer convenience and low costs.
| Centre |
|
|
|
|
|
Avg. Value of Dwelling |
Median Income |
Annual Mortgage Cost* |
% of Income |
| Kapuskasing |
97,422 |
65,631 |
6,967 |
11 |
| Cochrane |
109,393 |
61,543 |
7,823 |
13 |
| Timmins |
130,761 |
69,800 |
9,351 |
13 |
| Sault Ste Marie |
132,035 |
63,958 |
9,442 |
15 |
| Thunder Bay |
140,127 |
67,712 |
10,021 |
15 |
| Sudbury |
164,900 |
68,411 |
11,792 |
17 |
| North Bay |
186,548 |
58,602 |
13,340 |
23 |
| Ottawa |
297,718 |
84,554 |
21,290 |
25 |
| Toronto |
413,574 |
59,671 |
29,575 |
50 | Source: Statistics Canada, Census 2006
*Mortgage calculations are based on the average value of a dwelling, for a 25-year term, monthly payments and 5.25% interest rate.
Click here for a list of local real estate agents.
Helpful Tools
The Canadian Mortgage and Housing Corporation (CMHC) has provided the Newcomer's Guide to Canadian Housing (PDF) which tells you everything you need to know about renting or buying a home in Canada. Click the link to view the guide.
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