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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..
#1607 -50 Forest Manor Rd
Toronto, Ontario
Beautiful One Bedroom + Den Condo Unit In Prime North York Location. This Unit Has An Amazing Open Concept Layout, Floor To Ceiling Windows And Views From The Balcony. The Modern Kitchen Features Quartz Counters, Built In Appliances And Lots Of Cabinets. State Of The Art Amenities Include Party Room, Steam Room, Pool, Hot Tub, Gym And More! This Condo Is Centrally Located Near The Intersection Of Highway 404/DVP And 401. It Is Walking Distance To The Subway Station, Bus Stops, Fairview Mall, Medical Offices, Entertainment, Dining, Large Employers, Community Centre, Library And More. **** EXTRAS **** Fridge, Stove, B/I Microwave, Dishwasher, Stacked Washer and Dryer, Elf. One Parking and One Locker (id:51158)
592 Rathburn Rd W
Mississauga, Ontario
Situated in the vibrant heart of Mississauga near the renowned Square One Shopping Centre, this hair salon has been a fixture since 2010, boasting a robust client database. With elegant finishes and modern equipment, including an elegant washroom, the salon offers a prime opportunity for expanding into esthetic services. All necessary chattels, including salon operating software, are included, and the plaza offers ample free parking for both clients and employees, ensuring convenience and accessibility. (id:51158)
592 Rathburn Road W
Mississauga, Ontario
Situated in the vibrant heart of Mississauga near the renowned Square One Shopping Centre, this hair salon has been a fixture since 2010, boasting a robust client database. With elegant finishes and modern equipment, including an elegant washroom, the salon offers a prime opportunity for expanding into esthetic services. All necessary chattels, including salon operating software, are included, and the plaza offers ample free parking for both clients and employees, ensuring convenience and accessibility. (id:51158)
9 Progress Ave
Toronto, Ontario
Take advantage of this great opportunity to possess a flourishing Payday Loan,Cheque Cashing and Cash for Gold retail store in the GTA, accompanied by valuable Payday Loan License. With fifteen years of prosperous operation, this autonomous venture presents an exceptional prospect, especially considering the operating region has ceased issuing new licenses for payday loan businesses. Benefit from the advantage of a complete entry barrier, ensuring your position in this profitable market. Do not overlook this uncommon and regulated financial prospect with evidenced growth potential. A fantastic opportunity with immense growth potential exists to expand the business by incorporating additional services such as money transfers, currency exchange, gold loans, car title loans, and accounting and taxation services. The proud owner of this business, now in his mid-70s, is contemplating retirement in the near future. (id:51158)
#803 -2087 Lake Shore Blvd W
Toronto, Ontario
Lake View,Newly Renovated, prestigious Waterford Condos, west end of marvelous Toronto, south facing Lake view unit! Wall To Wall Windows, Bright Spacious & Extra Wide, Flooded with light from the floor to ceiling windows. 1 Parking and 1 Locker.Upgraded kitchen with brand new Fridge Stove and B/I Microwave include gorgeous granite counter tops, new cabinets and custom backsplash.with your gas BBQ on your terrace. only minutes from Mimico Go Train Station **** EXTRAS **** Luxury living w hotel like amenities including: 24 hr concierge, indoor lap pool, gym, Party/Meeting Room, Rooftop Deck guest suites and visitor parking.EV Charger (id:51158)
679 Danforth Ave
Toronto, Ontario
Full Service restaurant for sale on a prime stretch of the Danforth. Fully equipped kitchen, gas range and 8' exhaust hood. Open concept dining area and back patio potential. Ideal for any variety of hospitality uses. Great frontage and branding opportunity. Ideal for a quick rebrand - get In business today. **** EXTRAS **** Suppositive Landlord will provide a new lease at fair mart rates. (id:51158)
#parking -121 Mcmahon Dr
Toronto, Ontario
Rarely offered Parking Space for sale. Must be an owner of a unit Of TSCC 2427, Tango Condo at 121 Mcmahon Dr to purchase the parking space. **** EXTRAS **** Close to elevator, current rent is $250/month (id:51158)
#2a16 -7215 Goreway Dr
Mississauga, Ontario
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)
#218 -60 George Butchart Dr N
Toronto, Ontario
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)
#205a -4438 Sheppard Ave E
Toronto, Ontario
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)
#203 -4438 Sheppard Ave E
Toronto, Ontario
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)
35 Edgemont St N
Hamilton, Ontario
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)
#519 -160 Flemington Rd
Toronto, Ontario
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)
#308 -2300 St Clair Ave W
Toronto, Ontario
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)
101 Charles St E
Toronto, Ontario
Spacious Parking Space For Sale. Only Current Unit Owner of The Building Is Eligible To Buy . (id:51158)
155 Garside Avenue N
Hamilton, Ontario
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)
#704 -80 Esther Lorrie Dr
Toronto, Ontario
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)
#1 & 2 -3970 Eglinton Ave W
Mississauga, Ontario
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)
#1911 -1 Massey Sq
Toronto, Ontario
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)
#2803 -68 Shuter St
Toronto, Ontario
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)
288 Reynolds Street
Oakville, Ontario
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)
#s/3 -150 Main St W
Hamilton, Ontario
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)
35 Edgemont Street N
Hamilton, Ontario
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)
#33 -275 Dundas St
Toronto, Ontario
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 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.
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!
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 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.