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The City of Timmins has a
variety of different types of housing to meet your individual
needs. From apartments to condos to homes, the
City has reasonably priced residential units that
are economically priced. In comparison to
other metropolitan areas, the ratio between income
and housing is substantially lower, giving you more
value for your money.
The following is a list of
real estate brokers, apartment and housing rentals,
and a statistical comparison between communities
found throughout Ontario.
TIMMINS IS
AFFORDABLE!
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Claimpost
Realty Ltd.
Riverpark Plaza
690 Riverpark Road, Unit 405
Timmins, Ontario P4P 1B4
Tel: (705) 264-5364
FAX: (705) 267-1104
RE/MAX Millenium Inc.
38 Pine Street North
The 101 Mall
Main Floor
Timmins, Ontario P4N 6K6
Tel: (705) 268-4422
FAX: (705) 268-9797
Royal Lepage Northern
Realty Leaders
83 Alqonquin Blvd. W
Timmins, Ontario P4N 2R4
Tel: (705) 360-7000
FAX: (705) 360-7770
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On-Line Ads |
Population
Density |
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Channel 3 News
(look for
Rental Living)
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Northeastern Ontario
Community Trading Post
(look for Apartments and
Homes categories)
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The Daily Press Classifieds
(look for Real
Estate Sales and Real Estate Rentals)
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MLS Listings
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Municipality |
Population
Density Per
Sq. Kilometre |
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Timmins |
15 |
|
Kawartha Lakes |
24 |
|
Sudbury |
48 |
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North Bay |
173 |
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Kingston |
268 |
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Thunder Bay |
340 |
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Penetanguishene |
344 |
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Midland |
573 |
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Barrie |
1,545 |
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Toronto |
4,146 |
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Note:
Study is based on group average of
60 communities.
Source:
BMA Management Consulting Inc.,
Municipal Study 2004, Appendix page 10 |
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Median
Household Income
Median household incomes range from a
low of $44,000 in Cornwall to a high of
$95,000 in Oakville. The survey
average
is approximately $65,864.
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Average
Dwelling Value
The average value of a dwelling
ranges from a low of $98,000 in
Cornwall to a high of $386,000
in King City. The survey average
is approximately $188,000.
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Municipality |
2001 Median
Household
Income Two or More
Persons |
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Municipality |
2001 Average
Value of
Dwelling |
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Cornwall |
$44,634 |
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Cornwall |
$98,084 |
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Orillia |
$53,001 |
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Timmins |
$113,941 |
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North Bay |
$54,410 |
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Sudbury |
$121,671 |
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Sudbury |
$57,353 |
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Thunder Bay |
$127,452 |
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Kingston |
$58,183 |
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North Bay |
$135,852 |
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Timmins |
$58,266 |
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Orillia |
$149,464 |
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Thunder Bay |
$59,521 |
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Oshawa |
$159,102 |
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Toronto |
$60,551 |
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Barrie |
$172,452 |
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Barrie |
$64,659 |
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Waterloo |
$193,829 |
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Brampton |
$74,869 |
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Mississauga |
$255,365 |
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Burlington |
$80,039 |
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Toronto |
$282,715 |
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Whitby |
$83,865 |
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Vaughan |
$320,999 |
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Oakville |
$94,824 |
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King City |
$386,416 |
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Average |
$65,864 |
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Average |
$187,816 |
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Source:
BMA Management Consulting Inc.,
Municipal Study 2004, page 162
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Source:
BMA Management Consulting Inc., Municipal
Study 2004, page 162 |
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When looking at
property tax burden as a percentage of
income, Timmins is ranked low when compared
to other municipalities. A sample
comparison of communities is provided for
your review. |
Municipality |
2001 Median
Household
Income Two
or More
Persons |
2001
Average
Value of
Dwelling |
2004
Residential
Tax |
Property
Taxes as a
% of
Household
Income |
2004
Residential
Water/Sewer
Costs |
Total
Municipal
Tax Burden |
Total
Municipal
Burden as a %
of Household
Income |
Relative
Ranking |
|
Mississauga |
$74,914 |
$255,365 |
$2,618 |
3.5% |
$319 |
$2,937 |
3.9% |
Low |
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Timmins |
$58,266 |
$113,941 |
$2,209 |
3.8% |
$355 |
$2,544 |
4.4% |
Low |
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Thunder Bay |
$59,521 |
$127,452 |
$2,372 |
4.0% |
$503 |
$2,875 |
4.8% |
Mid |
|
Toronto |
$60,551 |
$282,715 |
$2,513 |
4.2% |
$448 |
$2,961 |
4.9% |
Mid |
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North Bay |
$54,410 |
$135,852 |
$2,320 |
4.3% |
$426 |
$2,746 |
5.0% |
Mid |
|
Sudbury |
$57,353 |
$121,671 |
$2,306 |
4.0% |
$850 |
$3,156 |
5.5% |
High |
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Collingwood |
$53,224 |
$168,474 |
$2,295 |
4.3% |
$794 |
$3,088 |
5.8% |
High |
|
Port Colborne |
$52,295 |
$123,012 |
$2,261 |
4.3% |
$898 |
$3,159 |
6.0% |
High |
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AVERAGE |
$65,864 |
$187,816 |
$2,520 |
3.9% |
$613 |
$3,127 |
4.8% |
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Source:
BMA Management Consulting Inc., Municipal
Study 2004, page 164 |
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