Swan lake towns . The best place to buy a home in Ontario. Bancroft (Bancroft) topped the list in terms of value, location and value-added potential.
Bancroft is 250 kilometers northeast of Toronto. According to Zoocasa, the average selling price of all residential property types in the area was 292733 yuan in 2020, 47 per cent lower than the national average.
Bancroft is the preferred location for Ontario country vacation cottages, close to Algonquin Provincial Park (Algonquin Provincial Park). At the same time, because many people are now working remotely, this leisure town is more attractive. The property value-added rate of the residents in this area is 78% in three years, that is to say, the housing price of the people in the area has increased by an average of 128533 yuan.
Second on the list are Woodstock and Ingersoll. According to Zoocasa, the average selling price of all residential property types in the region was 433383 yuan in 2020, 22% lower than the national average. The property value-added rate of the residents in this area is 67% in three years, that is to say, the housing price of the people in the area has increased by an average of 173383 yuan.
The third place on the list is the City of London and St. Thomas. According to Zoocasa, the average selling price of all residential property types in the region was 436433 yuan in 2020, with a three-year average value-added rate of 77%. Not surprisingly, Toronto is at the bottom of the list.
According to Zoocasa, the average selling price of a house in Toronto is 915001 yuan in 2020. The average increment rate of 3 years is 14%.
Zoocasa also analyzed the value of homes in other Canadian cities. If you want to move out of Ontario, at the top of the Zoocasa list are the Greater Moncton area (Greater Moncton), Mandike, and Winnipeg.