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Homes For Sale in the GTA, Price under $500,000

We know that homes in the GTA are expensive, I’ve searched the MLS system for affordable homes in the GTA (WEST). These are listed right now under $500,000. These homes should be considered by the first-time homebuyer. Include are Condos, Townhomes, Semi-Detached and Detached Homes in Toronto, Mississauga, Hamilton, Oakville, Burlington, Georgetown & Milton

There is never a bad time to get into Real Estate. Are you waiting for the market to drop?.. This may not happen, prices have been climbing for the past 20 years and there’s no signs of stop..

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For sale $139,000
House For Sale in mississauga, 1 - 60 DUNDAS STREET E
Restaurant

1 - 60 Dundas Street E

Mississauga, Ontario

Step Into The Vibrant World Of Mediterranean Cuisine, Situated In The Heart Of Mississauga, Facing Busy Dundas St. This Restaurant Offers A Rare & Unique Opportunity To Continue Current Mediterranean Restaurant with Inside 100 Seating Capacity + Patio With 25 Seating Capacity, LLBO Licence & Open Concept 1500 Sqft Layout. Buyer Also Has Option to Convert Space Into a New Chinese, Burger, Shawarma, Cafe, Or Other Type Of Food Use. Landlord Offering Brand New Lease To Buyer For A Term Of 3+3 Years at $4,750/Month + TMI + HST (Total $7,345/Month). **** EXTRAS **** Corner Unit with Separate Rear Entrance. Walk-In Fridge/Freezer. Washroom. Total Monthly Rent $7,345/Month. Absolutely Do Not Go Direct. (id:51158)
Homes for sale in Mississauga
For sale $300,000
House For Sale in mississauga, 9A - 4120 DIXIE ROAD

9a - 4120 Dixie Road

Mississauga, Ontario

1500 sqft
Attention Investors or Aestheticians looking to grow or expand in the beauty and wellness industry. This is an Opportunity to Purchase a well-established medical aesthetician clinic located off the busy corner of Dixie/Burnhamthorpe , prime location with tons of clients in surrounding areas. This is a rare opportunity to acquire a reputable business known for its high-quality and comprehensive list of skincare, aesthetic, and hair services. The fully renovated space creates a welcoming and luxurious environment for clients, over $200k spent on Leasehold Improvements! The business has a great reputation for delivering a high quality of service with approx. 2000 clients. The asset sale includes all lease hold improvements, equipment, inventory, and the existing practitioners to ensure success for the new owner. **** EXTRAS **** Current lease valid till 31st Dec, 2026 can be extended for 5 years, All Equipment included.Services include Facials, LED Treatments, Peels,Laser Hair removal, Micro-Needling, Ultrasound, TeethWhitening, PRP/IV Drip, Botox (id:51158)
Homes for sale in Mississauga
For sale $299,000
House For Sale in toronto, 1043 COXWELL AVENUE
Restaurant

1043 Coxwell Avenue

Toronto, Ontario

Located near the busy intersection of O'Connor and Coxwell, this restaurant is a prime opportunity for culinary entrepreneurs. Rent $3300 plus Hst Lease expired 2029 with an option to renew. Ideal for take-out, dine-in, or even as a catering kitchen. Minutes away from the Don Valley, this restaurant is perfectly situated for easy access and catering opportunities. Huge walk-in cooler and freezer approx 16 to 18ft kitchen exhaust hood. With dedicated parking spots behind the building. (id:51158)
Homes for sale in Toronto
For sale $425,000
House For Sale in toronto, 204 - 4060 LAWRENCE AVENUE E

204 - 4060 Lawrence Avenue E

Toronto, Ontario

3 Bedroom 2 Bathroom
Great Location Bi-Level With 3 story 3 Separate Entrances Condo. Large Eat-in Kitchen With Cabinetry, Laminate &Ceramic Flooring. Large Open Balcony With Amazing Extensive View. ,close to walking trail. Morningside park. walk-in clinic, Drugstore, super market, Scarborough town centre, uoft, HWY 401,parks,schools Restaurants &more. School, Shops 24 Hours Bus Route **** EXTRAS **** 2 Stove, 2 fridge Maintenance fee Include Water, Heat cable Building Insurance, 2 Parking Spots 1 Exclusive Locker (id:51158)
Homes for sale in Toronto
For sale $275,000
House For Sale in toronto, 424 DANFORTH AVENUE
Restaurant

424 Danforth Avenue

Toronto, Ontario

1 Bathroom 1400 sqft
Opportunity To run a Restaurant In A Heavily Populated Section Of The City. 1400 sqft plus Basement with walk in cooler. Revitalized East Danforth Neighborhood With High Traffic. Ideal For A Family Business. Very Easy Operation. Great Potential. Excellent Opportunity. (id:51158)
Homes for sale in Toronto
For sale $85,000
House For Sale in toronto, PARKING - 135 E LIBERTY STREET

Parking - 135 E Liberty Street

Toronto, Ontario

(1) One Parking space available for sale only for current owners at 135 East Liberty St - Liberty Market Tower (id:51158)
Homes for sale in Toronto
For sale $80,000
House For Sale in toronto, B-101 - 15 QUEENS QUAY E

B-101 - 15 Queens Quay E

Toronto, Ontario

1 Parking space available for sale in Pier 27 condos. Must be an owner of 15, 29, or 39 Queens Quay E to purchase. Actual parking space labelled as ""G101"" (id:51158)
Homes for sale in Toronto
For sale $419,888
House For Sale in toronto, 1819 - 251 JARVIS STREET

1819 - 251 Jarvis Street

Toronto, Ontario

1 Bathroom
Experience Modern Living In Downtown Toronto At Dundas Square Gardens. This Studio Unit Features Upgraded Kitchen Cabinets, Flooring, And A Juliette Balcony With Awesome Views. Enjoy Floor-To-Ceiling Windows, Stainless Steel Appliances, And Ensuite Laundry. The Building Offers 5 Outdoor Terraces, A BBQ Area, A Gym, And 24/7 Concierge & Security. Luxurious Amenities Include A Fitness Centre, Party Room, Game Room, And An Outdoor Pool. Conveniently Located Near Dundas Square, Steps From Eaton Centre, With Quick Access To UofT, TMU, George Brown College, Hospitals, And Offices. With A 95 Walk Score And 98 Transit Score, This Location Is Perfect For Students, Investors, And Young Families. Additionally, The Unit Comes With A Locker, Ensuring All Your Storage Needs Are Met. Transit And Other Conveniences Are Right At Your Front Door, Making This Studio Unit A Desirable Choice For Those Seeking A Vibrant Urban Lifestyle. **** EXTRAS **** Furniture in Photos Negotiable. (id:51158)
Homes for sale in Toronto
For sale $139,000
House For Sale in toronto, B - 373 OAKWOOD AVENUE
Restaurant

B - 373 Oakwood Avenue

Toronto, Ontario

2 Bathroom 880 sqft
*Price Reduction*- Motivated Seller. Churrasqueira/Bbq Chicken Take-Out. Tremendous Potential to Grow. Sales are all through Electronic POS can be verified. Open 7 Days/Week. Functional Space Plus Basement (LLBO For 16 Seats) Well Equipped Full Kitchen & Prep Area. Excellent Reviews on Google and Uber Eats. Custom Cold And Hot Steam Tables. All Equipment Top Of The Line. Excellent Neighborhood Following And Reputation. Turnkey Operation/Great Cash Flow. Training Provided If Needed. 30 Days Training Included. Employees Willing To Stay. *Seller Financing Available* **** EXTRAS **** Leased 2yr+ 5Yr: $3200+ HST ( Plus Escalations), 1 Parking Spot at Back (id:51158)
Homes for sale in Toronto
For sale $429,900
House For Sale in hamilton, 75 QUEEN Street N|Unit #1501

75 Queen Street N, Unit #1501

Hamilton, Ontario

3 Bedroom 2 Bathroom 1148 sqft
Welcome to 1501-75 Queen Street N in the City of Hamilton. Looking to experience everything condo living has to offer, this is the unit for you. Enjoy this HUGE condo unit with a total of 1,148sqft, and an amazing view over the city of Hamilton and Lake Ontario. Floor-to-ceiling windows bring in so much natural light and surreal views of Hamilton. Unlike new condos, you receive 3 massive bedrooms with city views, and a full 3 piece bathroom along with a 2-piece ensuite bathroom. A bonus feature is in-suite laundry and storage. This unit is ready for its new owner to either move in or make small changes to boost its value. With room to expand the kitchen or small cosmetic work, this is your chance to secure an amazing city-view unit in a great, quiet building. This unit comes with an underground parking space. Looking for a convenient location to commute or close to amenities? You are a 10-minute walk to West Harbour GO Train Station, within walking distance to amazing restaurants on James Street North, or Locke Street where you can find amazing shops and food! Enjoy the condo lifestyle with an indoor pool, sauna, roof-top patio for socializing, exercise room, party/meeting room, and your private Tennis Court. (id:51158)
Homes for sale in Hamilton
For sale $450,000
House For Sale in toronto, 504 TRETHEWEY Drive Unit# 3&4

504 Trethewey Drive Unit# 3&4

Toronto, Ontario

Well Established & High Marginal Convenience/ Grocery Store, serving the community in very high density area, right next to Tim Horton. Multiple Stream Business such as Lotto, Atm, BitCoin, U- Haul, Western Union, Ria, Passport Photo, Vape store, High mark up Grocery items and smoke only 20%. Located in Apartments building hub. No Franchise fee or Royalty. Sales growing constantly & have a proven history from years and years. More potential's looking for new buyers to grow. Fair market rent & 10 years Lease term in place with options, very easy to run and low expenditures. High take home income. Full support and training available to New buyer's. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in hamilton, 180 Limeridge Road W|Unit #403

180 Limeridge Road W, Unit #403

Hamilton, Ontario

2 Bedroom 1 Bathroom 965 sqft
Corner unit with sunny south-east exposure! This bright and beautifully renovated condo has been planned and executed with style. Upgrades include extended granite counter space with an added breakfast bar and expanded custom cabinetry. The classic and spacious black and white tiled bathroom w/walk-in shower has been designed with safety in mind. This condo features in-suite laundry, hardwood bamboo floors and lots of storage space. The building is set back from the street in its own park-like setting where you can enjoy the professionally maintained grounds and mature treed common areas – perfect for picnics and getting together with friends and family. There is even gated access to the adjacent Captain Cornelius Park plus ample visitor parking. The condo fee includes heat, A/C, water and an exclusive storage locker and underground parking spot. Close to all amenities and the city bus stops at the end of the driveway. This relaxing carefree lifestyle could be yours to enjoy! (id:51158)
Homes for sale in Hamilton

Homes For Sale in the GTA, Price under $500,000: Your Ultimate Guide

Searching for an affordable home in the Greater Toronto Area (GTA) can be quite a challenge. With soaring real estate prices, it’s crucial to find options that fit your budget. In this detailed guide, we will take you through the process of finding Homes For Sale in the GTA, Price under $500,000. Whether you’re a first-time buyer, an investor, or simply looking for a new place to call home, this article is your go-to resource.

Let’s dive into the GTA’s real estate market and explore the opportunities that await.

Exploring the GTA

The GTA, short for the Greater Toronto Area, encompasses not only Toronto but also several surrounding cities and regions, making it one of the most populous and diverse metropolitan areas in Canada. It’s known for its vibrant culture, strong job market, and excellent quality of life.

Why Choose the GTA?

  • Vibrant Job Market: The GTA is home to numerous industries, including finance, technology, healthcare, and more, offering a plethora of job opportunities.
  • Diverse Communities: You’ll find a wide range of neighborhoods, each with its unique character and amenities.
  • Excellent Education: The GTA boasts top-notch educational institutions, making it an ideal place for families.
  • Cultural Hub: From museums to theaters, there’s always something exciting happening in the GTA.
buying or selling a home in the GTA - Call Tony Sousa Real Estate Agent

Finding Affordable Homes

Setting Your Budget

Before you start your search for Homes For Sale in the GTA, it’s essential to determine your budget. A budget under $500,000 is considered affordable in this region.

Exploring Neighborhoods

Mississauga: A Suburban Oasis

Mississauga, a vibrant suburban city, offers affordable housing options while being in close proximity to Toronto. With its excellent transit system and beautiful parks, it’s a favorite among families.

Brampton: Affordable and Growing

Brampton is known for its affordability and a wide range of housing choices. It’s a city that’s continuously growing, making it a great place to invest in real estate.

Durham Region: Room to Breathe

The Durham Region, including cities like Oshawa and Whitby, offers spacious homes at affordable prices. It’s an excellent choice for those seeking a more suburban lifestyle.

Working with a Realtor

Enlisting the help of a knowledgeable real estate agent can significantly simplify your home search. They have access to listings that might not be publicly available and can negotiate on your behalf.

Financing Your Home

Mortgage Options

Fixed-Rate Mortgage

This mortgage type offers stability as your interest rate remains the same throughout the loan term, making budgeting more predictable.

Variable-Rate Mortgage

With a variable-rate mortgage, your interest rate fluctuates with market conditions, potentially resulting in lower payments during low-rate periods.

Down Payment Assistance

In Canada, there are various programs and incentives to assist first-time homebuyers in making their down payments more manageable. Be sure to explore these options.

FAQs

Q: What are the current real estate market conditions in the GTA for homes under $500,000? A: The GTA’s real estate market for affordable homes is competitive. It’s advisable to act quickly when you find a property that fits your criteria.

Q: Are there any additional costs to consider when buying a home in the GTA? A: Yes, in addition to the purchase price, you should budget for closing costs, property taxes, and home insurance.

Q: Can I negotiate the price of a home in the GTA? A: Yes, negotiation is common in real estate transactions. Your realtor can help you navigate this process.

Q: What amenities can I expect in affordable GTA homes? A: Amenities vary by property, but you can often find homes with features like modern kitchens, outdoor spaces, and proximity to parks and schools.

Q: How do I assess the resale value of a home in the GTA? A: Consider factors like location, neighborhood trends, and the condition of the property when assessing its resale potential.

Q: Are there any government incentives for first-time homebuyers in the GTA? A: Yes, the Government of Canada offers programs to support first-time homebuyers, including the First-Time Home Buyer Incentive.

Conclusion

Navigating the GTA’s real estate market, especially for homes under $500,000, requires careful planning and expert guidance. By setting your budget, exploring diverse neighborhoods, and working with a realtor, you can make the process smoother and more successful.

Remember, the GTA offers an array of opportunities for those looking for affordable homes, whether you’re a first-time buyer, investor, or simply searching for a cozy place to live.

Now, armed with knowledge about Homes For Sale in the GTA, Price under $500,000, you’re ready to embark on your real estate journey in this exciting region. Happy house hunting!

buying or selling a home in the GTA - Call Tony Sousa Real Estate Agent

Process of Buying a Home

For many, the dream of home ownership starts with buying a condo in Toronto. The city offers a wide variety of properties to choose from, and for first time buyers, there are plenty of options available that won’t break the bank.

Of course, buying your first home is a major decision, and there are a few things you need to keep in mind when making your purchase. Here are a few tips for first time home buyers in Toronto:

1. Make sure you budget realistically. When buying a condo, it’s important to remember that you’ll also have to factor in monthly costs like property taxes and maintenance fees. Don’t forget to include these expenses in your calculations when deciding how much you can afford.

2. Research the market carefully. It’s important to know what’s available and how much different properties are selling for before making an offer on anything.

Toronto is a great city to buy your first home. The condo market is hot right now and there are a lot of choices for first time buyers. It can be overwhelming to figure out where to start, so here are some tips to help you get started.

The first step is to figure out how much you can afford. Your mortgage broker can help you with this, but make sure you have a good idea of your monthly expenses and how much money you have saved up for a down payment.

Next, decide what type of condo you want. Do you want a downtown Toronto condo or one in the suburbs? Do you want a studio or one-bedroom? Make a list of what’s important to you and start browsing condos online or in person.

Finally, don’t be afraid to ask for help when looking for a house for sale, your local Real Estate Agent, that’s me..  Tony Sousa has access to all the MLS Real Estate Listings. Is it the right time to buy real estate? or will the toronto real estate market come down as interest rates go up?

When is the right time to buy Toronto Real Estate

In reality, there is no single right answer when it comes to buying Toronto real estate. It all depends on your personal circumstances and what you are hoping to achieve. If you are looking for a long-term investment, then it may be wise to buy sooner rather than later.

MLS Listing, Homes for Sale

MLS Real Estate Listings

Toronto and Mississauga are two of the most popular locations in Canada for first time home buyers. The MLS real estate listings in these cities offer a wide variety of housing options to choose from, from condos and townhouses to detached homes.

The Toronto real estate market is booming, with the average price for a detached home reaching over $1.8 million. However, there are still many affordable options available in the city’s suburbs, such as Mississauga. In Mississauga, the average price for a detached home is around $1,000,000, making it an attractive option for those looking to get into the housing market.

There are also many great neighbourhoods to choose from in both Toronto and Mississauga. In Toronto, popular areas include Leslieville, Riverdale and The Junction. While in Mississauga, locals favour areas like Streetsville, Port Credit and Clarkson.