A Brief Look at The Top 8 Most Affordable Cities in Ontario

Are you looking to move to one of the most affordable cities in Ontario? We have you covered in this article. The first thing you need, however, is a moving service like GTA Moving Services. Why? Because our professional packers and movers in Toronto, Ontario, and the Greater Toronto Area can assist you in organizing your belongings so that you can move swiftly and safely to your ideal destination.

You can save money and avoid headaches by working with a professional moving crew. Professional movers will take care of every detail of your move, ensuring a safe and speedy relocation. So, it's in your best interests to hire the best. Once you have that covered, you can start looking at cities in Ontario to move to.

And if you're looking to buy a house, we have a handy little list of affordable cities, just for you!

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Thunder Bay

Thunder Bay is a small city in Northwestern Ontario that is a fantastic choice for anyone who enjoys being near the water. If you are seeking a destination that blends the natural beauty of rural areas with the convenience of a fast-paced atmosphere, this is the perfect location for you.

Thunder Bay is also one of the cheapest towns in Ontario, according to the Canadian Real Estate Association. That is one of the reasons why so many first-time homeowners choose to acquire a property in this area. The price of a home is an average of $218,000 in Thunder Bay. If you are a young couple, on the other hand, it is likely that you will want to get something smaller.

The good news is that, if you want to live in a city centre apartment, it will only cost you $5,489 per square metre. Aside from being the most affordable area to live in Ontario, this city also has a plethora of excellent employment options.

Sudbury

Sudbury, formally known as Greater Sudbury, is the most populous city in Northern Ontario, with a population of over 200,000 people. It is also one of the most affordable places to live in Ontario. Sudbury has a thriving workforce, as evidenced by the 2016 Canadian Census, which recorded a population of 161,531 people.

Sudbury is home to nine mines, two mills, two smelters, and a nickel refinery, and it is known as the "Hard Rock Mining Capital of the World" thanks to the abundance of hard rock mining operations. Homes in Sudbury start at $209,000, and one-bedroom flats in the city are on the rent market for an average of $1,700 per month.

Windsor

Windsor is a picturesque big city located in the southwestern region of the province of Ontario. The city is located on the south bank of the Detroit River, immediately across the Detroit River from the city of Detroit, Michigan, United States. It is well-known for having had an impact on the Canadian automobile sector.

Due to Windsor's status as one of the cities in Ontario with affordable housing, the average cost of a home there is approximately $322,000. In addition, a 2-bedroom flat can be rented for $1,022 per month.

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Kingston

This city, which is located along the shores of Lake Ontario, is among the most affordable cities in Ontario. If you have ever been to Montreal, there is a good probability that you have passed through Kingston on your trip there. One of the reasons that so many people fall in love with Kingston is due to the numerous water-based activities that the city has to offer. On top of that, there are numerous unique natural and historical sites to visit on the weekends.

The average house price in Kingston is $305,155, which is slightly higher than the national average. Yet, the city is still one of the most affordable places to reside in Ontario for first-time homebuyers. For those considering renting an apartment, the city's rates are 42 percent lower than those offered by the city of Toronto, making it probably the cheapest place to live in southern Ontario.

Rainy River

Rainy River is another hospitable town that is one of the most affordable places to reside in in the province of Ontario. Rainy River is a town in the northwestern region of the Canadian province of Ontario, and it is situated on the Rainy River, which bears its name. The town is small, and it shares its boundaries with the state of Minnesota in the United States.

It is known for its affordable housing. The average home price in this area will be around $359,000. Although there are no apartments for rent in Rainy River, you can rent individual cottages for less than $1,000 per month.

Ajax

Ajax is a town on the shores of Lake Ontario, 25 kilometres east of Toronto. It is the county seat of the municipality of Ajax. Pickering is located to the west of it. With a cost of living that is only 5 percent higher than the national average, Ajax is a good place to call home.

Residents in Ajax also get a lot for their money because they have a wide variety of fantastic neighbourhoods to select from, each with its own personality and appeal.

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Pickering

Pickering, located just east of Toronto, is probably the cheapest place to live in Ontario, Canada. Houses in Pickering range in price from $631,000 to $741,000, which is a far cry from the average price of a home in Toronto, which has surpassed $1 million in 2021.

Pickering's cost of living is also far lower than that of Toronto, rating only 5 percent more than the national average (as opposed to Toronto's 29 percent). And this is for a city that is only 30 minutes away from Toronto.

London

The city of London in Canada is located in southwestern Ontario. It is one of the cheap places to live in southern Ontario. In London, the average price of a house is $536,000, and the average price of a 2-bedroom apartment is $1,900 per month, making these the cheapest place to live. Important to notice is that the value of real estate in the city has been steadily rising for some time.

Barrie

Barrie, Ontario, is a city located on the banks of Kempenfelt Bay, which is the western arm of Lake Simcoe. It is a good area to live in if you are looking for affordable housing prices in Ontario. If you are an art enthusiast, you will find Barrie to be a very pleasant place to live. Kempenfest, one of the greatest outdoor arts and crafts festivities in Ontario, takes place every year in the city.

The average house in Barrie will set you back around $450,000, while the average monthly rent for a studio apartment will cost $1,200. In recent years, the real estate market in Barrie has undergone a similar increase to that of London. It is one of the cheapest places to live in southern Ontario.

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Conclusion

Canada's real estate market is a tough nut to crack. Due to the pandemic, the unemployment rate has risen, and the age of work from home jobs has changed the landscape considerably. But with enough time, patience, and luck, you will be able to find a place to call home even with an average income.

We provide packing and moving services in Toronto and throughout the GTA, including places like Ajax, and Pickering. You can get a quote at the time of booking, and there are no hidden charges that may surface after you sign the deal. Fill out the form below to receive a free quote, or call us now at 416-523-6683!