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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 $39,999
House For Sale in mississauga, #2A16 -7215 GOREWAY DR
Restaurant

#2a16 -7215 Goreway Dr

Mississauga, Ontario

250 sqft
Busy Food court Indian restaurant business with exhaust hood,deep fryer,Gas stove with grill, One pot gas stove for big lot of cooking.New two refrigerators,shelves,prep tables,one wooden table fordisplay refrigerator.Owner planning for bigger venture.Very good reviewson Google.Name and corporation is not for sale.Good forNew immigrants,chefs and first time entrepreneurs,catering businessand Tiffin services.Close to Major hwys,bus terminal.Major Anchor stores in & around plazainclude Tim Horton,LCBO, Freshco,Shoppers drug mart, RBC, TD, BMO, CIBC etc. Offer presentation on Friday May 3rd at 5 pm.Bring at least 5k bank draft with offer. (id:51158)
Homes for sale in Mississauga
For sale $415,000
House For Sale in toronto, #218 -60 GEORGE BUTCHART DR N

#218 -60 George Butchart Dr N

Toronto, Ontario

1 Bathroom
Welcome To Mattamy's Saturday At Downsview! Extremely Functional Open Concept Layout. Enjoy This Studio Unit That Overlooks The 291 Acre Downsview Park! Modern Kitchen W/S.S. Appliances, & Quartz Counters! This Condo Also Offers A Range Of Amenities For Residents To Enjoy. Don't Miss This Opportunity To Live In The Vibrant And Thriving Downsview Park Community. Enjoy Amenities Including Full-Size Gym, Fitness Rm W/ Yoga Studio, Party Rm (Indoor/Outdoor), Bbq, Area, Pet Wash Area, And More! **** EXTRAS **** Tarion Warranty, Close To Subway, Buses/ Transit, Subway Station, Near York University And W/ Easy Hwy 401/400/407 Access. (id:51158)
Homes for sale in Toronto
For sale $219,900
House For Sale in toronto, #205A -4438 SHEPPARD AVE E

#205a -4438 Sheppard Ave E

Toronto, Ontario

929 sqft
606sqft (as food court 929sqft) for**Retail,**food court,**office.** Property For Sale! Great PriceIn This Building With Large Retail Unit At Oriental Center, Prime Location, Facing Elevator @ HighVisibility & Traffic , Close To Food Court , Ample Surface & Underground Parking , Easy Access To Ttc,Hwy 401, Scarborough Town Ctr, Professionally Finished W/ Glass Door, Ceramic Flooring, Perfect For YourBusiness Operation. **** EXTRAS **** 606sqft (as food court 929sqft) for**Retail,**food court,**office.** (id:51158)
Homes for sale in Toronto
For sale $249,900
House For Sale in toronto, #203 -4438 SHEPPARD AVE E

#203 -4438 Sheppard Ave E

Toronto, Ontario

1774 sqft
1124sqft (as food court 1774sqft) for**Retail,**food court,**office.** Property For Sale! Great Price In This Building With Large Retail Unit At Oriental Center, Prime Location, Facing Elevator @ High Visibility & Traffic , Close To Food Court , Ample Surface & Underground Parking , Easy Access To Ttc, Hwy 401, Scarborough Town Ctr, Professionally Finished W/ Glass Door, Ceramic Flooring, Perfect For Your Business Operation. **** EXTRAS **** 1124sqft (as food court 1774sqft) for**Retail,**food court,**office.** Property For Sale! (id:51158)
Homes for sale in Toronto
For sale $450,000
House For Sale in hamilton, 35 EDGEMONT ST N

35 Edgemont St N

Hamilton, Ontario

3 Bedroom 2 Bathroom
THIS CHARMING 2-STORY BRICK HOME IN THE COVETED CROWN POINT AREA BOASTS BOTH CHARACTER AND MODERN UPDATES. ENJOY THE COMFORT OF AN ENCLOSED FRONT PORCH AND BACK PORCH, PERFECT FOR RELAXING. THE UPDATED KITCHEN, WINDOWS AND SOME FLOORING ADD TO ITS APPEAL. UPDATES INCLUDE NEWER ELECTRICAL PANEL AND WIRING, REMOVAL OF LEAD PIPES TO THE STREET, UPDATED PLUMBING, AND INSTALLATION OF A BACKFLOW VALVE. FURNACE AND A/C ARE UNDER 10 YEARS OLD. THE MAIN BATH (2021) AND LAUNDRY APPLIANCES (2021) OFFER CONVENIENCE. ADDITIONAL IMPROVEMENTS LIKE CHIMNEY PARGING (2021), ROOF AND SOME SIDING (2023) FURTHER ENHANCE THE PROPERTY. SPACIOUS LIVING AND DINING AREAS PROVIDE AMPLE SPACE FOR GATHERINGS. GREAT DOUBLE WIDE LANEWAY PARKING. LOCATED STEPS AWAY FROM THE VIBRANT OTTAWA STREET DISTRICT AND BEAUTIFUL GAGE PARK. THIS HOME OFFERS EASY ACCESS TO SHOPPING, RESTAURANTS, AND PUBLIC TRANSIT. EXPLORE THE NEARBY 6KM PIPELINE TRAIL POLLINATOR PARADISE, MAINTAINED BY THE CROWN POINT GARDEN CLUB. (id:51158)
Homes for sale in Hamilton
For sale $495,000
House For Sale in toronto, #519 -160 FLEMINGTON RD

#519 -160 Flemington Rd

Toronto, Ontario

1 Bedroom 1 Bathroom
Conveniently located one bedroom condo unit featuring modern kitchen and generous size living area and bedroom, open concept design and large balcony. Floor to ceiling windows provide ample natural light creating inviting and bright ambience. It comes with one parking spot and huge locker. Excellent location for investors and end users with three minutes' walk to Subway Station which provides quick and convenient access to Downtown Toronto, University of Toronto and York University. Just few steps from Yorkdale Mall, less than two minutes' drive to get on to 401 and Allen Expressway. High end building amenities with well equipped gym, party room, terrace and concierge. Buyer/Buyer Agent To Verify Taxes and Measurements. **** EXTRAS **** All existing Window Coverings, Stainless Steel Appliances (Fridge, Stove and Dishwasher), Stacked Ensuite Washer and Dryer. (id:51158)
Homes for sale in Toronto
For sale $498,000
House For Sale in toronto, #308 -2300 ST CLAIR AVE W

#308 -2300 St Clair Ave W

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome To Stockyard Condos By Marlin Spring Developments Located In A Prestigious Toronto Neighbourhood - The Junction. This Spacious 1 Bedroom + Den Suite Offers 590 Sq Ft Of Living Space, Abundance Of Natural Light, Upscale Finishes, Laminate Flooring Throughout, Ensuite Laundry And An Open Concept Balcony To Enjoy The Warm Outside Weather. The Inviting Open-Concept Living And Dining Area Is A Perfect Space To Spend It With Your Family And Friends. Enjoy The Kitchen Space That's Equipped With Contemporary Stainless Steel Appliances, Quartz Countertops, And A Stylish Backsplash. The Spacious Bedroom Features A Large Window And A Sizeable Closet Space While The L-Shaped Den Layout Is Ideal For Utilizing As An Office Space. Building Amenities Include An Exercise Room, Games Room, Rooftop Terrace, Visitor Parking, Concierge & More. Conveniently Located Near TTC Public Transit, Stockyards Village, Grocery & Shopping Plazas, Restaurants, Cafes, Parks, Bank & Other Local Area Amenities. **** EXTRAS **** South Exposure. (id:51158)
Homes for sale in Toronto
For sale $39,500
House For Sale in toronto, 101 CHARLES ST E

101 Charles St E

Toronto, Ontario

Spacious Parking Space For Sale. Only Current Unit Owner of The Building Is Eligible To Buy . (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in hamilton, 155 GARSIDE Avenue N

155 Garside Avenue N

Hamilton, Ontario

3 Bedroom 1 Bathroom 1042 sqft
Really sharp 3 Bedroom starter home in great east end location! The extensive renovations incorporate many interesting elements such as cool built-ins, beamed ceiling, millwork and gorgeous pine plank floors. Beautifully landscaped yard and close to Centre Mall, QEW and all amenities. Buyer to verify taxes due to cyber attack. Room sizes approx. (id:51158)
Homes for sale in Hamilton
For sale $478,000
House For Sale in toronto, #704 -80 ESTHER LORRIE DR

#704 -80 Esther Lorrie Dr

Toronto, Ontario

2 Bedroom 1 Bathroom
Experience luxury living at the renowned Cloud 9 Condo, nestled in the heart of Etobicoke's family-friendly neighborhood. This exquisite 1-bedroom plus den residence offers unparalleled comfort and luxury. The oversized den can comfortably be used as a second bedroom and fits a queen-size bed, flooded with natural light from floor-to-ceiling windows. Enjoy a modern kitchen layout with a designer backsplash and a double sink. Step into the elegant living room with direct balcony access, offering a gorgeous unobstructed view from the large private balcony! Cloud 9 provides its residents with a stunning venue for entertainment, relaxation, and fitness, featuring resort-like amenities such as a rooftop BBQ patio, 24hr security with a concierge, heated swimming pool, and gym. Conveniently located minutes away from Hwy 401 and 427, TTC, and Go Transit, as well as Pearson Airport, Etobicoke General Hospital, abundant shopping, excellent schools, and Humber River Ravine Trails right in your backyard! One parking spot and locker are included. Don't miss this rare opportunity to experience luxury living in one of Etobicoke's most coveted locations! Schedule your private showing today and step into your dream home! (id:51158)
Homes for sale in Toronto
For rent $20,000 Monthly
House For Sale in mississauga, #1 & 2 -3970 EGLINTON AVE W
Retail and Wholesale

#1 & 2 -3970 Eglinton Ave W

Mississauga, Ontario

3206 sqft
PRIME LOCATION : Situated in the heart of busiest food plaza of Mississauga, this place enjoys unparalled visibility and foot traffic, making it ideal for business seeking maximum exposure. HIGH TRAFFIC AREA: With constant flow of visitors throughout the day, this property offers business a lucrative opportunity to attract more customers VERSATILE SPACE: Featuring a flexible layout, this property is well-Suited for a variety of businesses like retails shops, service providers etc PROXIMITY TO AMENITIES: Located very next to Gas Station, Tim Hortons, public transportation, major highway, residential neighbourhood, this property offers connectivity and convenience. ADDITIONAL $100,000 FOR EXISTING INTERIOR CONSTRUCTION. (id:51158)
Homes for sale in Mississauga
For sale $499,000
House For Sale in toronto, #1911 -1 MASSEY SQ

#1911 -1 Massey Sq

Toronto, Ontario

2 Bedroom 1 Bathroom
This 2 Bedroom beautiful, bright and spacious Condo unit features Immaculate designed and well renovated floor To Ceiling, Built-In dining area, Electric Fireplace in living area, portlights, large designed closets and bedroom furniture's sets. Fabulous CN tower and west exposure with many recreational including Swimming Pool, Gym, Yoga, Rm, Squash & Basketball Courts And Much More. Step to TTC and subway, School, Medical Center, Groceries and many more. Do not miss your dream unit ! **** EXTRAS **** Stainless Steel Appliances, New Washer, stove, dishwasher, mini fridge, Wine Cooler, Electric Fire Place W/Remote Controller, B/I King Size Bed, B/I Queen Size Bed, B/I dining area with 2 Bar chairs, shoe rack, All Elfs and All Blinds. (id:51158)
Homes for sale in Toronto
For sale $499,800
House For Sale in toronto, #2803 -68 SHUTER ST

#2803 -68 Shuter St

Toronto, Ontario

2 Bedroom 1 Bathroom
Downtown 'Core Condo' by Centrecourt, Rare Opportunity To Own This Beautiful 1 Bed Unit+Study With Bright South View Comes With Practical Layout. Divided Living And Dining Give Plenty Of Spaces, Bedroom Is Also Separated With Large Window Facing South. A 2nd br is feasible to add on, Walking Distance to financial/Fashion District, Eaton Centre, Ryerson, George Brown, City Hall, Hospitals And More. Steps To Ttc. Great Opportunity For First-Time Home Buyer Or Investor. Parking And Locker Included. (id:51158)
Homes for sale in Toronto
For sale $435,000
House For Sale in oakville, 288 REYNOLDS Street

288 Reynolds Street

Oakville, Ontario

2 Bedroom 1 Bathroom 708
RARELY OFFERED OLD OAKVILLE CO-OP APARTMENT. QUIET AND CHARMING FOUR STOREY BUILDING IN PRIME WALK TO TOWN LOCATION. ACROSS FROM NEW OAKVILLE TRAFALGAR COMMUNITY CENTER. THIS ADULT LIVING BUILDING IS PERFECT FOR EMPTY NESTERS, SNOW BIRDS, DOWNSIZERS, COUPLES OR SINGLES. VERY PRETTY GROUNDS AND PERENNIAL GARDENS. THIS TWO BEDROOM UNIT IS WELL MAINTAINED BUT READY FOR YOUR DECORATING/RENOVATING. THIS IS A CO-OP NOT A CONDOMINIUM. MANAGEMENT FEE INCLUDES PROPERTY TAXES, HEAT, AND WATER. OUTSIDE EXCLUSIVE PARKING INCL IN FEE. GARAGES CAN BE RENTED WHEN THEY BECOME AVAILABLE. UNIT MUST BE OWNER OCCUPIED - CANNOT BE LEASED. YOU MAY FINANCE THROUGH DUCA CREDIT UNION WITH MINIMUM OF 30% DOWN. CATS ARE ALLOWED, DOGS ARE NOT ALLOWED. WALKING DISTANCE TO DOWNTOWN OAKVILLE SHOPS AND RESTAURANTS, GO TRANSIT AND WHOLE FOODS. (id:51158)
Homes for sale in Oakville
For sale $349,900
House For Sale in hamilton, #S/3 -150 MAIN ST W
Retail and Wholesale

#s/3 -150 Main St W

Hamilton, Ontario

1191 sqft
Prime Retail In The Heart Of Downtown Hamilton! Looking For Small Restaurants Or Shops, Convenience Stores And Much More. Located On Bus Routes 1, 5, 7, 10 & 34, 150 Main St Is At The Core Of Student And Professional Living. Fronts On George St. Unit is unrenovated and roughed-in for plumbing. **** EXTRAS **** Unit is being sold in ""As Is"" condition. (id:51158)
Homes for sale in Hamilton
For sale $450,000
House For Sale in hamilton, 35 EDGEMONT Street N

35 Edgemont Street N

Hamilton, Ontario

3 Bedroom 2 Bathroom 1062 sqft
This charming 2-story brick home in the coveted Crown Point area boasts both character and modern updates. Enjoy the comfort of an enclosed front porch and back porch, perfect for relaxing. The updated kitchen, windows and some flooring add to its appeal. Updates include newer electrical panel and wiring, removal of lead pipes to the street, updated plumbing, and installation of a backflow valve. Furnace and A/C are under 10 years old. The main bath (2021) and laundry appliances (2021) offer convenience. Additional improvements like chimney parging (2021), roof and some siding (2023) further enhance the property. Spacious living and dining areas provide ample space for gatherings. Located steps away from the vibrant Ottawa Street district and beautiful Gage Park. This home offers easy access to shopping, restaurants, and public transit. Explore the nearby 6km Pipeline Trail Pollinator Paradise, maintained by The Crown Point Garden Club. Don't miss the opportunity to make this your new home! (id:51158)
Homes for sale in Hamilton
For sale $119,000
House For Sale in toronto, #33 -275 DUNDAS ST
Restaurant

#33 -275 Dundas St

Toronto, Ontario

521 sqft
Busy Downtown Indian Food Court Business at Village by the Grange Mall, 275 Dundas St W near University and Dundas, available for sale. Large hood and walk-in cooler in unit as well as long list of chattels and equipment. 521 sq ft and newly renovated with low rent. Across from OCAD and Art Gallery of Ontario, steps away from St. Patrick Subway station, this mall is fully leased and very busy with students, condo residents nearby, U of T workers and hospital staff. Utilities included in the rent and this mall is open early in the morning until late at night. This unit is on the ground level with easy access via 3 exits for food delivery. Large frontage and strong sales numbers as well. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in mississauga, #518 -21 PARK ST E

#518 -21 Park St E

Mississauga, Ontario

1 Bedroom 1 Bathroom
In The Heart Of Port Credit, 2 Yr New Tanu Luxury Condo Built By Edenshaw. 1 Extra Large Bdrm Featuring 270 Degree: South, East & North Exposure W/ 728 Sqft + 108Sqft Terrace. Contempory Open Concept Kitchen W/ Integrated Fridge, Dishwasher, Undermount Sink, Quartz Countertop With An Upgraded Large Centre Island, Ample of Pantry Cabinet Space. 2 Mins Walk To Port Credit Go Station, Waterfront, Parks, Schools, Restaurants, Shops And More. Unit Has Smart Home Technology, Keyless Entry, Building Amenities Include: 24/7 Concierge, Gym/Yoga Rm, Theatre, Billiards/Games Rm, Party Room, Outdoor Patio With Barbeque Area, Pet Spa, Car Wash Service, Guest Suite & Visitor Parking **** EXTRAS **** Integrated B/I Fridge & Dishwasher, B/I Glass Cooktop, Stainless Steel B/I Stove, Stainless Steel B/I Microwave Hood Fan, Washer And Dryer, 2 Lockers (Side-by-side), Smart Home Technology Keypad & Keyless Entry (id:51158)
Homes for sale in Mississauga
For sale $109,000
House For Sale in toronto, #PARKING -197 YONGE ST

#parking -197 Yonge St

Toronto, Ontario

Parking Spot For Sale At The Massey Tower (197 Yonge Street) Location In The Heart Of Downtown Toronto! Directly Across The Street From Eaton Center. Steps To Path System, Dundas Square, Financial District, Ryerson University, Theatres, Shopping, Restaurants & More. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in mississauga, 111 BRISTOL Road E|Unit #110

111 Bristol Road E, Unit #110

Mississauga, Ontario

1 Bedroom 1 Bathroom 480 sqft
HAVE YOU BEEN LOOKING FOR SOMETHING AFFORDABLE? ARE YOU LOOKING TO DOWNSIZE? TRYING TO GET INTO THE MARKET? ARE YOU A FIRST TIME HOME BUYER? LOOK NO FURTHER! THIS PRIME LOCATION CONDO IS THE PERFECT PLACE TO CALL HOME. WITH EASY ACCESS TO MAJOR HIGHWAYS LIKE 401/403/407 AND THE UPCOMING LRT BRISTOL-HURONTARIO STOP, COMMUTING HAS NEVER BEEN EASIER. THIS CORNER UNIT, WITH A VIEW, HAS ONE OF THE MOST CONVENIENT PARKING SPOTS (LOCATED BESIDE THE STAIR-WELL), A RECENTLY RENOVATED KITCHEN (2022) WITH PRISTINE WHITE QUARTZ COUNTERTOPS, A MATCHING BACKSPLASH, AN EXTENDED BREAKFAST COUNTER, NEW BLACK STAINLESS-STEEL APPLIANCES, A DOUBLE UNDERMOUNT SINK, SOFT-CLOSE CUPBOARD DOORS & BRUSHED BRASS HARDWARE. ENJOY ADDED LUXURIES LIKE A FULL-SIZE WASHER AND DRYER AND THE INDULGENCE OF A HEATED BATHROOM FLOOR. THE LOW MAINTENANCE FEE INCLUDES BUILDING INSURANCE, WATER, POOL ACCESS, CHILDRENS PLAYGROUND, AND VISITOR PARKING. LOCATED WITHIN WALKING DISTANCE OF SUPERMARKETS, RESTAURANTS, CAFES, SHOPS, AND SCHOOLS, THIS GEM OFFERS A LIFESTYLE OF UNPARALLELED CONVENIENCE. DON'T LET THIS FANTASTIC OPPORTUNITY SLIP THROUGH YOUR FINGERS! EXTRAS: Aircon Unit (2016), Furnace (2016), And Hot Water Heater (2020) Owned. (id:51158)
Homes for sale in Mississauga
For sale OPEN HOUSE $499,900
House For Sale in toronto, #406 -707 DOVERCOURT RD

#406 -707 Dovercourt Rd

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcoming & well appointed this home ticks all the wish list boxes! Sunny & bright, modern loft inspired space with exposed concrete ceilings, sliding glass doors, and a wall of west facing windows. Convenient entry foyer with double closet & laundry leads to an open concept sundrenched living space with media nook. Enjoy gorgeous sunsets from the comfort of your sofa. Walk-out to private balcony nestled within the tree line for a park like setting. Gourmet worthy, contemporary bistro, galley kitchen is perfect for the urban chef who appreciates quartz counters & integrated appliances while working in a bright, open concept cooking & dining space. Spacious bedroom with double closet and contemporary, corner frosted sliding doors. Incredible location! Steps to Bloor Street shops, restaurants, coffee & amenities. Convenient walk to subway. Amazing local parks: Christie Pits, Bickford Park & Dufferin Grove. **** EXTRAS **** Garage parking & storage locker included. City of Toronto EV street parking charging stations (id:51158)
Homes for sale in Toronto
For sale $320,000
House For Sale in toronto, ##4 -1620 BIRCHMOUNT RD
Restaurant

##4 -1620 Birchmount Rd

Toronto, Ontario

Are you ready to own and manage a popular subway franchise restaurant? This could be a great opportunity for you and your family to run this business. There is lots of potential to grow this business. Same location for many many years, repeat customers, available for dining. Great opportunity for business owner. (id:51158)
Homes for sale in Toronto
For sale $498,000
House For Sale in toronto, #1026 -560 FRONT ST W

#1026 -560 Front St W

Toronto, Ontario

1 Bedroom 1 Bathroom
Well maintained Tridel built spacious 555 sft unit, great location with all kind of entertainment facilities at walking distance. Building amenities included Gym, Party Lounge, Rooftop Garden, BBQ, Sauna, Yoga, Billiard Room, Theater, bike storage, plenty of visitor parking. **** EXTRAS **** Lockbox at P1, needs 24 hrs notice for showing, property tenanted till Nov 20, 2024 at $2,300, The buyer must assume existing tenant. the property must be sold, (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $399,000
House For Sale in mississauga, #2206 -4070 CONFEDERATION PKWY

#2206 -4070 Confederation Pkwy

Mississauga, Ontario

1 Bedroom 1 Bathroom
Welcome to The Grand Residences, a sought-after building near Square One. This spectacular one-bedroom suite boasts elegant laminate flooring, soaring 9-foot ceilings, and a flexible den ideal for a home office or extra bedroom. Enjoy natural light and stunning northwest sunset views through floor-to-ceiling windows. The building offers luxurious amenities, including a gym, pool, sauna, and party room. Located just a short walk from Square One, Sheridan College, the Living Arts Centre, and the GO station, this condo is perfect for an active urban lifestyle. Don't miss your chance to make it your new home! **** EXTRAS **** One Locker, One Parking Spot And Amenities Including Indoor Pool, Hot Tub, Movie Room, Yoga Room, Music Room, Party Room, Games Room And More. (id:51158)
Homes for sale in Mississauga

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.