Cheaper Living Costs In Gravenhurst
Find Your Dream Home
Are you ready to stop renting and purchase your first house? Did you
find a house that you loved, but lost it in a bidding war? Do you
want more space and a safer community? Or do you need some room for
your snowmobile, or a place close to your boat?
If you’re like many Ontarians, you have probably already realized
that living in the GTA not only won’t fit your budget but it
doesn’t offer the quality of life that you are looking for.
Gravenhurst offers a lower cost of living which will allow you to not
only find the house of your dreams, but will leave you with money to
spend your time doing the things you enjoy.
Gravenhurst residents have a lower cost of living and only 27% of
households in Gravenhurst pay 30% or more of their income towards
housing costs**. The average monthly housing cost in Gravenhurst is
$949 compared to Ontario’s average of $1,181 or Toronto’s average
Here’s an example of what you would pay in Gravenhurst vs. the
Greater Toronto Area
| Average Cost of a Condo /Apartment
| Average Cost of a Townhouse
|Average Cost of a Semi-Detached Home
|Average Cost of a Detached Home
Gravenhurst also offers residential property taxes that are just
under the Ontario average and competitive electrical rates. Housing
is affordable for all income levels and is demonstrated by the fact
that 77.6% of Gravenhurst residents own their homes as compared to
71.4% of Ontarians**.
Housing in Gravenhurst is affordable giving you the freedom to work
to live, not live to work.
** Statistics Canada NHS Focus on Geography Series 2011
Average Monthly Housing Cost – Statistics Canada NHS Focus on Geography Series 2011Toronto Real Estate Board, May 2016
The Lakelands Association of Realtors, May 2016
Engman grew up in Toronto but decided to relocate himself and his
businesses to Gravenhurst due to affordable housing, great internet
connectivity, and a better quality of life. Click
here to watch a video of his success.
one of the knowledgeable local realtors to see if they can find a
home that’s ready for you.
something custom? Contact one of the talented local builders to find
out more about having a house built just for you.
a Home for your Business
is an excellent, cost-effective location for your business. The Town
of Gravenhurst is very supportive of new businesses and has
eliminated all commercial and development charges to help encourage
businesses also have lower commercial property taxes of $20.79 per
$1,000 instead of the $28.98 per $1,000 that you would have to pay in
Toronto. Visit our Business
to find out more about the network of partners who can help you start
or re-locate your business in Gravenhurst.