Simcoe, ON Community Guide

Finding a Place to Live Home sales are continuing at a brisk pace in Simcoe and surrounding areas. The number of homes sold through the MLS® System of the Simcoe & District Real Estate Board totaled 98 units in February 2022. This increased by 16.7% (14 sales) from February 2021. Residential sales haven't hit this level in the month of February in five years. Home sales were 32.8% above the five-year average and 29.1% above the 10-year average for the month of February. In terms of rentals, there are no high-rise buildings in Simcoe, but there are single family homes that are available to lease. It is not uncommon for landlords to request job confirmation/paystubs, a credit report showing good credit history, references, and tenant insurance.

Market at a Glance: Considerations

Findings

Comments

Housing Availability

Low

Limited housing options

Tenant Paid Real Estate Fees

No

Typical Lease Length

12 Months

Typical Security Deposit

1 Month

Early Termination Clauses

Limited

Extremely limited

Negotiation of Lease Terms

Low

Due to lack of supply

Unfurnished Apartment: Community

1 Bedroom

2 Bedroom

3 Bedroom

4 Bedroom 5 Bedroom

Simcoe

N/A

N/A

N/A

N/A

N/A

Unfurnished House: Community

1 Bedroom

2 Bedroom

3 Bedroom $2200-2600

4 Bedroom

5 Bedroom

Simcoe

N/A

$1800+

$3000+

N/A *Rates Given in Canadian Dollars

Simcoe Community Guide 2022-2023

© Dwellworks, LLC

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