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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 $499,000
House For Sale in toronto, 412 - 3311 KINGSTON ROAD

412 - 3311 Kingston Road

Toronto, Ontario

1 Bedroom 1 Bathroom
As You Step Into This Scarborough Bluffs Condo You Will Be Struck By The Light Pouring in Through The Windows Revealing A Bright And incredibly Spacious Interior. Renovated from top top to bottom The modern chef's Kitchen will inspire you to take up cooking. Spa like Bathroom, new flooring and fixtures . It is truly Brand New. Expansive Windows Frame A Beautiful View Of The Surrounding Area. Steps To Dorothy McCarthy Waterfront Trail, Bluffers Park. TTC Is At Your Doorstep, Close Top Shopping and Schools. The Building Is Well Maintained & Features Fantastic Amenities Such As An Outdoor Pool, Gym And Sauna. Whether You're Entertaining Guests or Enjoying A Peaceful Evening You Will Love The Large Balcony. Laundry Facilities Located On The Main Floor Make It Easy To Keep Up With Everyday Tasks. The Value Of This Condo Is Unmatched With Tons Of Natural Light, Space & Modern Touches This Is A Must See! (id:51158)
Homes for sale in Toronto
For sale $200,000
House For Sale in toronto, 132 DUNDAS STREET E
Restaurant

132 Dundas Street E

Toronto, Ontario

1600 sqft
Here's Your Chance To Own A Growing & Successful Philthy Philly's Cheesesteak Franchise In Downtown Toronto! Located At Dundas And Jarvis, This Spot Is Super Popular. It's Close To A Big University With 48k Students, And There Are Also Luxury New Condos Popping Up Nearby. Plus, There's A Brand New Starbucks Close By, Which Means Lots Of People Passing Through. As The Franchise Owner, You'll Serve Up Tasty Cheesesteaks And Poutine To Happy Customers. Franchisor Currently Has 27+ Locations Within GTA, And Don't Worry, Philthy Philly's Will Help You Every Step Of The Way With Training And Support. Ready To Be Your Own Boss? **** EXTRAS **** All Appliances & Equipment Included within the Sale Price. (id:51158)
Homes for sale in Toronto
For sale $32,000
House For Sale in toronto, 26 - 125 VILLAGE GREEN SQUARE

26 - 125 Village Green Square

Toronto, Ontario

Parking Spot For Sale 125 Village Green Sq. Buyer Must Be A Resident At Village Green Square. This Is A Rare Opportunity To Own A Second Parking For An Additional Vehicle And Add Value To Your Home. Close To The Elevator, Excellent Location And Won't Last Long! (id:51158)
Homes for sale in Toronto
For sale $149,000
House For Sale in toronto, J1 - 2061 STEELES AVENUE W
Restaurant

J1 - 2061 Steeles Avenue W

Toronto, Ontario

1146 sqft
Very Bus yPlaza, Corner Unit Grea tExposure,High Traffic Area.Well Established Lots of Regular Customer. Huge Potential to Increase More Sales. Two professional commercial hood, and walking in cooler and freezer. You can change to any type of restaurant. No need to take the franchise. (id:51158)
Homes for sale in Toronto
For sale $149,000
House For Sale in mississauga, UNIT 3 - 5130 DIXIE ROAD
Restaurant

Unit 3 - 5130 Dixie Road

Mississauga, Ontario

2 Bathroom 800 sqft
Assets of the Business For Sale! Premium Turn-Key QSR Fixtured Restaurant!!! Ready for your unique non-competing concept. Save Time & Money on Building Permits/Fixturing. Plaza anchored by national restaurants and businesses. Lot's of Foot Traffic! Long term lease with Low Rent (approx. $4,500/Mth). Suits: Shawarma, Pizza, Taco, Street Food, Jamaican Jerk/Caribbean/Roti, Bubble Tea, Ice Cream/Deserts Etc... Buyer/Buyer's Agent to verify zoning, Uses, Sqft & All other Details. **** EXTRAS **** Chattels -Existing: 10 ft Kitchen Exhaust Hood & Suppression System, Built-In Triple Sink, Hand Wash Sink, Quartz Counter, Light Fixtures, Water Heater, New HVAC, 2 Washrooms & Existing Restaurant Equipment. (id:51158)
Homes for sale in Mississauga
For sale $150,000
House For Sale in hamilton, 106 - 891 UPPER JAMES STREET
Restaurant

106 - 891 Upper James Street

Hamilton, Ontario

Profitable Quick-style Mexican Restaurant Available For Sale In Hamilton. Located In Busy Plaza Near Hwy 403 And Upper James St With Attractive Anchor Tenants. Very High Regular And Loyal Clientele. Growing Franchise And Easy Operation. Good Monthly Sale With Low Rent And Low Food Cost. Much Growth Opportunity With Catering And Online Delivery Services. **** EXTRAS **** Average Monthly Sake Is 28,000; Rent Is 3700 + Hst (Water Bill Is Included In Tmi); Good Cost: 28-32%; Royalty Fee: 6%; Advertisement: 3%. Labour Cost: 25%. Further Details Will Be Disclosed After Conditional Offer. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in mississauga, 226 - 3888 DUKE OF YORK BOULEVARD

226 - 3888 Duke Of York Boulevard

Mississauga, Ontario

2 Bedroom 2 Bathroom
Renovators delight!!! Renovate now or move in & renovate later. Tridel's prestigious Ovation II building in the heart of downtown Mississauga. This 2 bedroom 2 bathroom condo comes with 9 foot ceiling (most floors in the building have 8 foot ceiling) and tandem parking spot for two cars. Open concept Living/Dining and Kitchen with walk out to balcony with Court Yard and waterfall view. Bathrooms are in good shape. Kitchen and laminate floor in the living/dining room need renovation. Condo is sold ""AS IS"". Walking distance to Square One, shops, restaurants, school, library and Kariya park. Commuters dream with minutes to HWY 403 and Cooksville GO train station. One of the best amenities in Mississauga with over 30,000 Square feet of luxurious facilities including Indoor swimming pool, theatre, bowling alley, billiard, virtual golf, gym, sauna, grand party room, Roof top garden, guest suites. Renovators delight **** EXTRAS **** Two parking spots, 9 foot ceiling. Bathrooms are in good shape. Kitchen and laminate floor in living/dining room need renovation. (id:51158)
Homes for sale in Mississauga
For sale $489,900
House For Sale in hamilton, 323 Tragina Avenue N

323 Tragina Avenue N

Hamilton, Ontario

4 Bedroom 2 Bathroom 1000 sqft
ATTN: First time homebuyers and Investors: 3+1 beds, 2 full baths, 2 kitchens, separate entry to basement, Attached garage with inside entry, Front Drive, All brick, SINGLE Detach Home, No carpeting, close to shopping and commute. Loads of potentials for your growing family or as an investment property. Easy showing.. book your private tour anytime. R.S.A. (id:51158)
Homes for sale in Hamilton
For sale $499,777
House For Sale in hamilton, 327 - 460 DUNDAS STREET

327 - 460 Dundas Street

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to the new Trend Living in beautiful Waterdown, the perfect blend of modern living, small town vibe and ideal location. Nestled between Burlington & Hamilton, close to 3 hwys, the GO Station, it is perfect for anyone that needs to commute for work. Built by award-winning builder, New Horizon Development Group, this state-of-the-art condo has an iconic look, amazing amenities such as the gym, party room and a breathtaking rooftop patio that you can enjoy with friends and family. Surrounded by beautiful parks such as Websters Falls, golf courses, amazing schools, shopping, restaurants, this is truly a retreat from the busy city life. Enjoy maintenance free living, great for first-time home buyers, investors and downsizers. The unit has been upgraded top to bottom, with sleek finishes, impressive wall designs, beautiful TV & fireplace mount, and top of the line fixtures. One of the most desired models in the building, and it comes with 1 locker and 2 owned parking spots! Do a 3D tour on the more media button or book a showing today and you will fall in love! (id:51158)
Homes for sale in Hamilton
For sale $69,000
House For Sale in toronto, F-05B - 595 BAY STREET

F-05b - 595 Bay Street

Toronto, Ontario

1333 sqft
Well Established And Award Winning Restaurant With Appearances On Cbc And Other Media Outlets, Located In The Busiest Intersection Of Dundas And Bay Street! Reputable And Well-Known At The Food Court Of Atrium On Bay, Corner Unit With Lots Of Exposure, Dine-In And Take-Out Options Available, Walking Distance To Yonge/Dundas Square With Connection To Path (Toronto's Busiest Underground Pedestrian Walkway). Within Minutes From Universities, Offices, Eaton Centre, And Ton Of Pedestrians! Open Concept Dine-In Area, With Two Kitchens, Lots Of Storage, And An Additional Seperate Storage Locker For Walk-In Cooler Potential. Huge Catering For Corporate Clients. All Equipment Is Owned, No Leases On Equipment! Lots Of New Condo Developments Happening Nearby, Great Opportunity To Get-In Now As Thousands More Will Be Moving Into The Area! Strong Sales, Low Costs! Huge Delivery Potential To Continue As Current Type Of Business Or Bring Your Own Concept! Endless Opportunities Here. **** EXTRAS **** All Existing Chattels, Equipment, Tables, Chairs, Light Fixtures. (id:51158)
Homes for sale in Toronto
For sale $469,990
House For Sale in hamilton, 514 - 450 DUNDAS STREET

514 - 450 Dundas Street

Hamilton, Ontario

1 Bedroom 1 Bathroom
Gorgeous 1 bed 1 bath condo by award winning developer New Horizon Development Group. This top floor unit features approximately 10 foot ceilings, carpet free flooring throughout, in-suite laundry, 1 storage locker, and 2 parking spaces! The building itself features a gym, a party room & a rooftop patio. Close to GO Stations, highway access, shopping, and restaurants. (id:51158)
Homes for sale in Hamilton
For sale $419,000
House For Sale in mississauga, 43 - 119 BRISTOL ROAD E

43 - 119 Bristol Road E

Mississauga, Ontario

1 Bedroom 1 Bathroom
Welcome Home! This Fully Renovated Stacked Townhouse Boasts A Stunning Kitchen Complete with Brand New Appliances And Backsplash. Custom Granite Countertops, 15 Ft Smooth Cathedral Ceilings, Sunny NE Views - This Unit Truly Is A Statement Piece! Situated In The Highly Coveted Hurontario/Bristol Corridor, This Property Is A Commuter's Paradise, Minutes To Square One Mall And Heartland, Future LRT, Multiple 400 Series Highways, Hospitals, And Many Esteemed Local Schools Including Sheridan College. This Property Is A Must Seen! **** EXTRAS **** This Boutique-Styled Condominium Offers Residents An Outdoor Pool, Ample Visitor Parking, Multiple Playgrounds For Children, And Much More! (id:51158)
Homes for sale in Mississauga
For sale $159,999
House For Sale in toronto, 818 DANFORTH AVENUE
Restaurant

818 Danforth Avenue

Toronto, Ontario

For sale $129,900
House For Sale in toronto, 846 PAPE AVENUE
Retail and Wholesale

846 Pape Avenue

Toronto, Ontario

1000 sqft
For sale $489,900
House For Sale in toronto, 707 - 763 BAY STREET

707 - 763 Bay Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to luxury living at its finest in the heart of College Park! This stunning South-facing condo boasts an extra-large studio layout with a functional den that can easily be utilized as a bedroom. The gallery kitchen features ample cabinet space, ensuring storage. With underground access to the SUBWAY, shops, supermarkets, and restaurants, convenience is at your doorstep, making errands and outings a breeze. Incredible amenities including an indoor pool and a 24-hour concierge service for added security and peace of mind. **Hydro, Gas, and Water** included in the condo fee. Condo needs some TLC. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 248 - 139 MERTON STREET

248 - 139 Merton Street

Toronto, Ontario

1 Bedroom 2 Bathroom
Welcome to The Metro - your new home in the heart of midtown. This exciting two-storey loft condo is waiting for your keen design eye tomake it your own! Bursting with natural light, this unit features two bathrooms, ensuite laundry, laminate flooring and of course that great loft feel. Located a short walk to Davisville TTC station, the Kay Gardiner Beltline and a host of outstanding amenities - you'll be able to enjoy the best of the area from your snug perch. The low maintenance fees include all utilities making this condo a fantastic opportunity either as an investment, pied a terre or a starting point for the first-time buyer. Make this condo yours, today! (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 2205 - 955 BAY STREET

2205 - 955 Bay Street

Toronto, Ontario

1 Bedroom 1 Bathroom
4.5 Yrs New Luxury ""The Britt Condo"" By Prestigious Lanterra In High Demand Downtown Core, Just Northeast Of Bay St/Wellesley St East! Southeast Corner Suite, Large L Shape Balcony, Great View Of The City & The Lake! Fully Upgraded, S/S Appliances, Granite Counter Top & Laminate Floor. Fresh new painting, Steps To Subway, U Of T & Ryerson University, Ttc, Office Towers, Yorkville, Shopping, Hospitals, Close To Many Shops, Financial District, Eaton Centre, Etc. **** EXTRAS **** Some Photos Virtually Staged For Illustration Purpose. (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $449,000
House For Sale in hamilton, 1793 Main Street E

1793 Main Street E

Hamilton, Ontario

2 Bedroom 1 Bathroom 638 sqft
Great location in the Normanhurst Community! This charming 2-bedroom bungalow is a must-see. It features a stand-alone air conditioner refurbished in 2023, living room skylights, and a Timberland roof with a 50-year transferrable warranty installed 15 years ago. The home boasts a high-efficiency furnace, blow-in insulation in the attic (2021), and 2” foam insulation under the house in the crawl space (2021). The mudroom has been newly renovated, adding to the home's appeal. Situated on a corner lot, this property offers plenty of space to expand if needed. The large double car garage provides ample parking, and the fenced-in yard leads to a peaceful oasis with a beautiful 15 x 15 deck. With endless possibilities, this stunning home is perfect for a growing family, multi-family living, or as an investment. Complete and ready to move in and enjoy! Conveniently located within walking distance to schools, parks, shopping, grocery stores, public transit, places of worship, and more. Just minutes from the Redhill. Location, location, location! Don’t miss out on this incredible opportunity! (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 12 GRANDFIELD STREET

12 Grandfield Street

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome to this delightful all-brick bungalow nestled in the highly sought-after Huntington neighborhood of the East Hamilton Mountain. Perfectly situated for convenience, this home is just steps away from Huntington Rec. center and park, moments away from the LINC, mall, scenic walking paths along the Mountain Brow, and a variety of shopping and dining options. Step inside and be greeted by an abundance of natural light streaming through the large front bay window, highlighting the original hardwood flooring that flows throughout the main level. This lovely family home features 3 spacious bedrooms and 2 bathrooms, complemented by fun retro-style decor that awaits your personal touch. The lower level offers fantastic in-law potential with its own separate side entrance, providing a versatile space for extended family or guests. Outside, you'll find a fully fenced yard and an asphalt driveway with parking for up to 4 vehicles. (id:51158)
Homes for sale in Hamilton
For sale $425,990
House For Sale in hamilton, 521 - 212 KING WILLIAM STREET E

521 - 212 King William Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Solid carpet free condo unit for sale in great central location. Nice open concept main floor with cozy living room, in-suite laundry and walk-out to open balcony. Eat-in kitchen has tiled backsplash, quartz countertops & stainless steel appliances. Primary bedroom has a large semi walk-in closet and big windows letting in lots of natural light. 4 pc main bathroom. This modern building has many on-site amenities, including exercise room, party room, roof top deck/patio, pet wash station, concierge/security with bike and storage lockers. Close to schools, parks, transit, theatres and all of your major amenities. Short drive to both mountain and highway accesses. Come and check out this unit for yourself! (id:51158)
Homes for sale in Hamilton
For sale $469,000
House For Sale in hamilton, 301 - 1212 FENNELL AVENUE E

301 - 1212 Fennell Avenue E

Hamilton, Ontario

2 Bedroom 1 Bathroom
Welcome to 1212 Fennel Avenue East! This 2 bedroom condo is meticulously maintained in a well kept building and superb location. The unit is perfectly located at the end of the hall, close to the side entrance, on the top floor. The open concept living space has enough space for a dining area, and large slider out to the open balcony. The kitchen has tons of cabinet & counter space, with updated stainless steel appliances. There is also in-suite laundry with a newer stackable washer/dryer. Tons of storage throughout plus a bonus locker for all your extra stuff! Both bedrooms are very spacious with large closets and there is a 4-piece bathroom. Only blocks away from Mountain Brow Blvd and 5 minute drive to Albion Falls. Easy access to the Redhill or LINC. Ideally located, well kept and ready to move in and enjoy! Down-sizer, first timer, or investor - the possibilities are endless. (id:51158)
Homes for sale in Hamilton
For sale $475,000
House For Sale in toronto, 2028 - 3031 FINCH AVENUE W

2028 - 3031 Finch Avenue W

Toronto, Ontario

1 Bedroom 1 Bathroom
Why rent when you can own at this excellent value in the city? This affordable 1 bedroom stacked townhome in North York features a sun-filled upper-level unit. ** Family-friendly community with playgrounds ** The large private balcony is perfect for summer entertaining and BBQ. Inside, you'll find new laminate floors, a kitchen with breakfast bar and ensuite laundry. Plenty of visitor parking is available in the complex.~ Low annual property tax ~ Step to TTC and the Finch West LRT line to be running later this year. Easy access to shopping, schools, Gordon and Irene Risk Community Centre, Humber trails, and parks. It is also close to York University and Humber College, and just minutes from Highways 400/427/401/407 & Pearson airport. Come for a visit! **** EXTRAS **** Less than 20 years old unit, built in 2007. The unit includes 1 underground parking space and a locker. ** owned hot water tank** (id:51158)
Homes for sale in Toronto
For sale $469,000
House For Sale in hamilton, 1212 FENNELL Avenue E|Unit #301

1212 Fennell Avenue E, Unit #301

Hamilton, Ontario

2 Bedroom 1 Bathroom 795 sqft
Welcome to 1212 Fennel Avenue East! This 2 bedroom condo is meticulously maintained in a well kept building and superb location. The unit is perfectly located at the end of the hall, close to the side entrance, on the top floor. The open concept living space has enough space for a dining area, and large slider out to the open balcony. The kitchen has tons of cabinet & counter space, with updated stainless steel appliances. There is also in-suite laundry with a newer stackable washer/dryer. Tons of storage throughout plus a bonus locker for all your extra stuff! Both bedrooms are very spacious with large closets and there is a 4-piece bathroom. Only blocks away from Mountain Brow Blvd and 5 minute drive to Albion Falls. Easy access to the Redhill or LINC. Ideally located, well kept and ready to move in and enjoy! Down-sizer, first timer, or investor - the possibilities are endless. (id:51158)
Homes for sale in Hamilton
For sale $469,900
House For Sale in hamilton, 427 Aberdeen Avenue|Unit #104

427 Aberdeen Avenue, Unit #104

Hamilton, Ontario

2 Bedroom 1 Bathroom 875 sqft
Welcome to Urban West, an exceptional condo located in the highly sought after southwest Kirkendall Neighbourhood. This move-in ready gem boasts a prime location, offering unparalleled convenience and access to a variety of amenities. Step inside to discover a spacious and inviting living space, highlighted by wall to ceiling windows that flood the unit with natural light. The large primary bedroom provides a serene retreat, while an additional den offers flexible space for a home office or guest rm. Enjoy modern, carpet free living with granite counter tops in the kitchen. One of the standout features of this unit is the Juliet balcony, perfect for enjoying your morning coffee or evening breeze. For those who enjoy outdoor living, the beautiful roof top. patio offers gorgeous views of the city, ideal for entertaining or winding down for the day. Residence will appreciate the proximity to shopping, HWY, the Go, McMaster University and public transit. The Chedoke Rail trail is only a 5 min walk. New Furnace & A/C 2023. Don't miss out on this incredible opportunity! (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.