FREE Access to MUST SELL, Discounted, Price Reduced, Bank Owned and Foreclosed/Bank Owned Home List​

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..

1737 results | Page 1 of 73
12 24 48
Search/Filter Properties


LOADING

For sale $499,900
House For Sale in hamilton, 98 Cope Street

98 Cope Street

Hamilton, Ontario

2 Bedroom 2 Bathroom 913 sqft
Charming 1.5 storey home 2 bed 2 bath home in the heart of the sought-after Homeside neighborhood. Nicely updated throughout, while maintaining the original character, this brick home has driveway parking and a detached garage with hydro. Freshly painted from top to bottom, original hardwood floors with decorative inlay, subway tile backsplash in the kitchen and stainless steel appliances. Basement boasts a newly completed spa-like bathroom featuring heated floors and separate soaker tub! The "big ticket" items have been updated as well including, roof (2022) Furnace (2022) AC (2019) electrical panel & rewire, and exterior brick repointed. Kickback and relax on the back deck in the fully fenced back yard or under the covered front porch. Welcome home (id:51158)
Homes for sale in Hamilton
For sale $459,000
House For Sale in hamilton, 361 CUMBERLAND Avenue

361 Cumberland Avenue

Hamilton, Ontario

3 Bedroom 1 Bathroom 1360 sqft
You'll love the Escarpment views from this Brick 2 storey house in this South of Main locale, steps to Gage Park, Schools, all amenities nearby. Add your updates & restore some of the Old World character of its Circa 1899 beginnings. Spacious foyer w closet & hardwood * LR & DR w/ hardwood, cove ceilings, beautiful Circa 1899 Decorative FP in LR, French doors to DR, Kitchen w/o to fenced yard * other recent updates include Furnace & C/Air 2016, owned Hot Water heater. PARKING Possibility; street Permit parking on Prospect and/or Lorne* Appliances included in "as is" condition. Good opportunity for 1st time buyers willing to update, renovators and for those adding to their investment portfolio. A South of Main Street in the St. Clair locale, steps to transit, LRT proposed routes, Ottawa North Village, all the amenities nearby! (id:51158)
Homes for sale in Hamilton
For sale $499,999
House For Sale in mississauga, 2530 - 3888 DUKE OF YORK BOULEVARD S

2530 - 3888 Duke Of York Boulevard S

Mississauga, Ontario

2 Bedroom 2 Bathroom
Across from Square one Mall & Celebration Square - OWNED parking spot - 2 Bed, 2 Bath Split Bed room Layout, Large Kitchen, High Floor With View Of The Lake In Luxurious Tridel Ovation 2. - Approx 30,000 SQ of Amenities ! facilities - Full Amenities, 24 Hours Concierge, Heart Of The City, Very Convenient Location Close To Highways, Shops, Schools Etc. All Top End S/S Appliances, Quartz Counter Tops In Kitchen And Bathrooms, Back Splash, Front Load Lg Washer/Dryer, Walk-In Closet Organizers, All Inclusive Very Low Monthly Maintenance Fees, Well Managed Building **** EXTRAS **** All Inclusive Very Low Maintenance Fee! - Stainless Steel Fridge, Front Load Washer And Dryer, Built-in Microwave, Stove, Dishwasher. All Elfs & Window Coverings. Beautiful Laminate Everywhere (id:51158)
Homes for sale in Mississauga
For sale $398,000
House For Sale in toronto, 612 - 100 LEEWARD GLENWAY

612 - 100 Leeward Glenway

Toronto, Ontario

2 Bedroom 1 Bathroom
Great Unit -Can Be Use 2 Bedroom, Features an Open Concept Floor Plan, Hardwood and Ceramic Flooring, Large Windows. Conveniently Located to All Amenities, Bus At Door-Step, Mins To Schools, Parks, Library, Worship Places, Shopping, Ontario Science Centre, Minutes To DVP, HWY 401. Onsite Daycare Available! Excellent Amenities Include Swimming Pool, Exercise Room, Billiard, Sauna. Low Maintenance fee Covers All the Utilities and Much More! (id:51158)
Homes for sale in Toronto
For sale $468,000
House For Sale in toronto, 321 - 31 TIPPETT ROAD

321 - 31 Tippett Road

Toronto, Ontario

1 Bedroom 1 Bathroom
Excellent living at this upscale condo, This modern one-bedroom, one-bathroom Unit, situated in a 2021-built high-rise, thoughtful layout with easy access to lifestyle conveniences. Short walk to Wilson Subway and Hwy 401, Yorkdale Mall, Costco, York University, Shops and restaurants. The building offers an array of amenities including outdoor pool, yoga studio, WiFi lounge, social room, and outdoor patio with BBQs. Additional features include bike storage, board room, a well-equipped fitness room and steam showers, a party lounge, TV area and 24-hour concierge/security services. A must be See! **** EXTRAS **** Refrigerator, stove, Range fan, dishwasher, and a stacked washer & dryer. All existing light fixtures and window coverings. (id:51158)
Homes for sale in Toronto
For sale $399,888
House For Sale in toronto, 1710 - 55 REGENT PARK BOULEVARD

1710 - 55 Regent Park Boulevard

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome home to this inviting, open concept & sun-filled unit nestled within the heart of Toronto's dynamic and multicultural regent park neighbourhood. Features modern builder finishes throughout; laminate flooring, modern bathroom, modern kitchen with stainless steel appliances & a large island. Enjoy easy access to a plethora of local cafes, boutiques, eateries, public transportation hubs, the Aquatic Center, Fresh Co, Tim Hortons, TTC, Eaton Center, University of Toronto, George Brown College, and an array of other conveniences. With just a single streetcar journey to downtown, and a leisurely stroll to the Distillery District, Aquatic Centre, Shoppers Drug Mart, library, community center, and the renowned St. Lawrence Market, this location offers unrivaled accessibility. Bonus, enjoy a seamless commute to the DVP and QEW to ensure effortless travel. Perfect space for savvy end user who work from home, first-time home buyers and investors alike! **** EXTRAS **** Parking can be rented separately for approximately $150-200/month. Vacant possession available. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 221 - 5225 FINCH AVENUE E

221 - 5225 Finch Avenue E

Toronto, Ontario

1 Bedroom 1 Bathroom
One Bedroom Condo In Demand Location! Close To T.T.C, 401, School, Parks, Temple, Church, Woodside Mall & Medical Centres, Steps To Gta Square. One Parking Included. **** EXTRAS **** Stove, Fridge, Washer, Dryer & B/I Dishwasher. (id:51158)
Homes for sale in Toronto
For sale $499,988
House For Sale in hamilton, 83 SHERMAN AVENUE N

83 Sherman Avenue N

Hamilton, Ontario

3 Bedroom 1 Bathroom
RSA & IRREG SIZES. Must see! Affordable and now Vacant available to move in. Perfect first time home or investment. Lots of updates. Must to see! Newer Modern kitchen and bathroom. Newer electrical wiring and plumbing throughout. Maintenance free back yard with oversized block (workshop) garage with hydro off a rear concrete alleyway. Garage roof approx 2 yrs old. 2019 New gas furnace and Central Air. Excellent neighborhood and near all amenities like shopping, schools, bus transit etc (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in hamilton, 192 WALNUT STREET S

192 Walnut Street S

Hamilton, Ontario

3 Bedroom 2 Bathroom
Discover the allure of 192 Walnut Street, nestled in the vibrant Corktown neighborhood of Hamilton. This home has been intensively upgraded to blend modern comforts with historic charm, making it a true urban oasis. Recently installed new windows enhance the natural light, while updated electrical systems, a new air conditioning unit, and furnace ensure year-round comfort. The entire home is insulated throughout, boosting energy efficiency and providing a cozy living environment in any season. The exterior is just as inviting with professional landscaping with Interlock and a gorgeous backyard that features a large firepitperfect for gatherings and cozy evenings under the stars. Additionally, a spacious shed provides ample storage. Located within walking distance to the Hamilton GO Centre, St. Joseph's Hospital, and the lively pubs and eateries of Augusta Street, this property is ideally situated for both convenience and entertainment. Just a short stroll from Hamilton City Centre, you'll enjoy easy access to shopping and services. Ideal for young professionals, couples, or investors, this home at 192 Walnut Street offers a unique blend of style, comfort, and location in one of Hamilton's most sought-after areas. Dont miss this exceptional opportunity to own a piece of Corktowns charm. (id:51158)
Homes for sale in Hamilton
For sale $475,900
House For Sale in hamilton, 42 BARNESDALE AVENUE N

42 Barnesdale Avenue N

Hamilton, Ontario

3 Bedroom 1 Bathroom
Hello renovators, builders, and DIY enthusiasts! Nestled in the heart of downtown Hamilton, this detached gem boasts a solid structure and impeccable bones, offering a canvas ready for your personal touch. With 3 bedrooms and 1 bathroom, there's ample space for comfortable living or renovation to suit your needs. The pristine wood flooring and trims add timeless charm and character to the home, while its prime location offers a walk score of 92! Explore nearby parks, hop on public transit, or catch a game at Tim Hortons Field, all within walking distance. Whether you're looking to move in with minimal work or embark on a full-scale renovation, this property is a blank slate awaiting your creativity. Don't miss this opportunity to make your mark in one of Hamilton's most vibrant neighborhoods. Schedule a viewing today and unlock the endless possibilities of this downtown Hamilton treasure! **** EXTRAS **** Sold As Is-Where Is. All taxes, measurements & information regarding the property must be verified by buyer or co-op agent. *Please read all attachments* (id:51158)
Homes for sale in Hamilton
For sale $199,000
House For Sale in hamilton, 1065 KING STREET W
Restaurant

1065 King Street W

Hamilton, Ontario

2200 sqft
Restaurant is Located Within An Area That Sees Over 60,000 Students Each Year & Within Close Proximity To The McMaster University & Hospital. This Tasteful Restaurant Specializes In Halal Food & Includes A Fully Equipped Commercial Kitchen & A Secondary Fully Equipped Commercial Kitchen At The Rear Of The Unit. Great Potential To Rent Out Secondary Kitchen For Catering Large Functions, Food Truck Preparation, Etc. The Restaurant Has Been Recently Renovated With Upgraded Technology, Fresh Bold Colours & Room For Seating Up To 16 Customers. Full Sized Basement Ideal For Storage And Prep. Separate Laundry Rm With Washer & Dryer. 2 Side Doors W Access For Deliveries & Garbage Disposal.. Lease Term till 31st August 2025. Rent approximately 7,733.53 + utilities. Current Lease is for Pizza, Shawarma, Falafels, Chicken Wings (Negotiable For new Tenants). **** EXTRAS **** Please do not go Direct, Do verify all measurements and Do the Required due diligence, Commission reduced by 1% if the listing brokerage shows the (id:51158)
Homes for sale in Hamilton
For sale $399,900
House For Sale in hamilton, 306 - 121 KING STREET E

306 - 121 King Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
See Virtual Tour!*** Incredible Location In The Heart Of Downtown Hamilton! Spacious Loft With Plenty Of Space. Contemporary Design. Beautiful Finishes, Modern Appliances, Lots Of Storage Space. One locker is included. Steps To King Williams Restaurant Row, The Shops And Cafes Of Trendy James St. N Easy Access To The Go Station, Public Transit And Hwy 403. **** EXTRAS **** See Virtual Tour!*** S/S Fridge, Flat Top Stove, B/I Dishwasher And Microwave. Quartz Countertop, Ceramic Backsplash. Washer And Dryer. All Electrical Light Fixtures. One locker is included. (id:51158)
Homes for sale in Hamilton
For sale $429,900
House For Sale in hamilton, 17 - 15 ALBRIGHT ROAD

17 - 15 Albright Road

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome to Sir Wilfred Laurier Estates-15 Albright Road-in Hamilton's convenient East End. Feels like a townhouse as it is a 2 storey suite with 3 Bedrooms (one on ground Floor )and 1.1 Bathrooms. On the main level there is plenty of room for the whole family. The efficient galley style Kitchen is open with a pass through to the Living Area. The Living areas allows plenty of room for your Living Room and dining Room. There is a walkout from the living area to a large private newly fenced garden and deck. On the second floor there are two good sized Bedrooms and a 4 piece Bathroom. the sweeping, newly renovated balcony with walkout from the second Bedroom is an added feature. A Great Location: Schools,Recreation Centre, Public transportation, Cafes, Major Malls and many interesting shops are nearby. Amenities include: outdoor Swimming Pool, Playground, Outdoor games area (Basketball, Hockey, Soccer) and Party Room. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 146 PRINCETON DRIVE

146 Princeton Drive

Hamilton, Ontario

2 Bedroom 2 Bathroom
Welcome to a very well-kept 2 Bedroom Colonial end unit Townhome, just in move-in condition! Choice sought-after Sherwood Heights Neighborhood. It offers Hardwood floors in bedrooms, updated kitchen and baths, finished Rec room. This prime location places you minute to the LINC, surrounded by nearby parks, schools shopping, including a Shopping Plaza that offers an array of retail and dining options. Ideal for a starting family! Low maintenance! Low Condo Fees! 1 parking spot! (id:51158)
Homes for sale in Hamilton
For sale $449,000
House For Sale in hamilton, 407 - 121 HIGHWAY 8

407 - 121 Highway 8

Hamilton, Ontario

1 Bedroom 1 Bathroom
OPEN HOUSE SAT MAY 18 & SUN MAY 19(2-4PM)!Welcome To The Casa Di Torre European-Style Upscale Condo In Stoney Creek! New, spacious and bright 1 Bedroom 1 bathroom. 1 parking and 1 locker included. Perfect For A First-Time Buyer Or Anyone Looking To Downsize. MODERN KITCHEN WITH STAINLESS APPLIANCES, BREAKFASR BAR WHICH OVERLOOKS OPEN CONCEPT LIVING/DINING ROOM. 9 FOOT CEILING, LAMINATE FLOORING THROUGHOUT. Enjoy A Coffee On Your Private Patio. EXCELLENT LOCATION, WALKING DISTANCE TO SHOPPING, SCHOOLS, GROCERY, TRANSPORTATION, AND ALL OTHER AMENETIES. Building Offers Rooftop Barbecue Area, Gym & Cardio Machines, Yoga Room, Stunning Party Room Etc. **** EXTRAS **** All Stainless Steel Appliances, Ensuite Laundry Washer/Dryer, All Electrical light fixtures, Large Balcony! 1 parking spot (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in toronto, 1508 - 9 VALHALLA INN ROAD

1508 - 9 Valhalla Inn Road

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to Triumph At Valhalla! The newest tower of this luxury oriented 3 tower development. Open concept layout with large primary bedroom with full wall closet. Granite counter top and s/s appliances. Enjoy a Plethora of amenities including fitness center, pool, theatre, and BBQ area for entertaining and activities ** The location couldn't be more ideal with easy access to Highways 427,401 & Q.E.W. making commuting a breeze! 24-Hour Concierge Services ** Low Maintenance Fees ** Pet Friendly ** Includes parking and locker. (id:51158)
Homes for sale in Toronto
For sale $454,900
House For Sale in toronto, 1007 - 15 LONDON GREEN COURT

1007 - 15 London Green Court

Toronto, Ontario

2 Bedroom 2 Bathroom
Welcome To This Bright, Spacious, & Meticulously Maintained 2-Bedroom, 1.5 Washroom Condo! | Nestled In A Tranquil Area, This Large Condo Offers An Inviting L-Shaped Open Concept Living & Dining Room, Complete With A Breakfast Area For Casual Dining And Entertaining. | The Kitchen Is Generously Sized & Boasts Ample Storage Space. A New Electrical Panel Ensures Modern Convenience, While A Large Front Load Washer/Dryer Add Practicality To Everyday Living. | Enjoy The Convenience Of Underground Parking, With Ample Visitor Parking Available. | This Unit Also Comes With An Exclusive Locker For Added Storage. | Relish In The Serene Views From The Large Balcony Overlooking A Park And School, Providing A Peaceful Retreat Right At Home. | Located Within Walking Distance To Schools, Malls, Plaza Shops, And Grocery Stores Including Freshco, No Frills, Asian Market & Shoppers Drug Mart. | Transit Options Abound, With The Soon-To-Operate Finch West LRT Offering Enhanced Accessibility To The Area. **** EXTRAS **** Situated Near A Ravine, Residents Can Enjoy Leisurely Walks Amidst Nature During All Seasons. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 1008 - 1410 DUPONT STREET

1008 - 1410 Dupont Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to Fuse Condos in the vibrant Junction-Wallace Emerson neighbourhood. This sleek and modern 1-bedroom, 1-bathroom apartment boasts a great layout designed for maximum functionality. The space features stainless steel appliances, quartz countertops, and contemporary finishes throughout, elevating your living experience. Situated just minutes away from Lansdowne Subway station and the UP Express, commuting is a breeze. With schools, parks, and shopping all within arm's reach, convenience meets comfort in this prime location. Don't miss out on this perfect opportunity to enter the dynamic Toronto real estate market. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 1421 - 551 THE WEST MALL

1421 - 551 The West Mall

Toronto, Ontario

2 Bedroom 1 Bathroom
Discover your opportunity to secure an affordably priced, generously spacious 2-bedroom unit within a meticulously managed building in Etobicoke. Nestled in an excellent location just moments from parks, urban conveniences, major HWYs, & the airport, this residence offers unparalleled convenience. Dive into the joys of summer by indulging in the outdoor pool, or explore an array of amenities including a crafts room, kids' playroom, car wash, sauna, gym, and beyond. **** EXTRAS **** Fridge, Stove, B/I Microwave, Washer, Dryer, Electrical Light Fixtures, Window Coverings. Extra Laundry in the Building. Kids playroom, Crafts Room, Onsite Management. Bell Internet + TV Included in Condo Fee. Ensuite Storage. (id:51158)
Homes for sale in Toronto
For sale $164,900
House For Sale in toronto, 734 WILSON AVENUE
Personal Services

734 Wilson Avenue

Toronto, Ontario

2 Bathroom 1500 sqft
Unique Opportunity to Own a Recently Built Luxury Hair Salon, Very Busy location with 10+ years of established high-end cliental w/ high traffic walk-ins. (4 + 5) lease, $3,000.00 TMI and HST Inlcd. Fully equipped with quality chattels & fixtures, turn key set up operation. 9 Hair Chairs, 1 Dryer, 4 Wash Stations, kitchen, 2 Washrooms, etc. Huge Basement 80% finished. Restaurant use and/or Quick Serve are also welcome. Close to Yorkdale Shopping Centre and Major Hwy. Not to be missed! **** EXTRAS **** 9 Hair Chairs, 1 Dryer, 4 Wash Stations, kitchen, 2 Washrooms, etc. Huge Basement 80% finished. (id:51158)
Homes for sale in Toronto
For sale $479,999
House For Sale in toronto, 204 - 16 BROOKERS LANE

204 - 16 Brookers Lane

Toronto, Ontario

1 Bathroom
Location! Location!! Location!!! Luxurious Monarch Built 'Nautilus' Etobicoke Waterfront Condominium! Fabulous Lake View From A Huge Terrace. Minutes To Downtown Core and Both Toronto Airports. Spacious Studio With Lots of Storage, Good Sized Bath and Full Size Washer/Dryer. Great Living ,Leasing or AirBnB. Luxurious Lobby and Amenities Included Indoor Pool, Rooftop BBBQ & Garden. Sauna, Billiards, Movie Room, Reading Lounge, Private Dining Party Room W/Fully Equipped Kitchen and Guest Suites. Steps to Lake, Waterfront Trails, Parks, Bike Paths and TTC * 24 Hr Rabba Supermarket , Tim Hortons and More Right In The Building. Don't Miss This One ! **** EXTRAS **** S/S (Fridge, Stove And Microwave, B/I Dishwasher), Full Sized Washer And Dryer. All Electrical Light Fixtures . One Locker Included. (id:51158)
Homes for sale in Toronto
For sale $149,000
House For Sale in toronto, 249 AUGUSTA AVENUE
Restaurant

249 Augusta Avenue

Toronto, Ontario

900 sqft
Fully Equipped And Well-Maintained Quick Service Restaurant Located In The Prime Area Of Kensington Market, One Of The Most Iconic Neighborhoods In Toronto. This Location Boasts Incredibly High Foot Traffic. You Have The Option To Continue With The Current Successful Turnkey Operation Or To Introduce Your Own Unique Concept. The Space Includes A 900 Sqft Main Floor Plus A Full-Size Basement, Accommodating 30 Seats Indoors And Over 15 On The Inviting Patio. Features Include Two Full Washrooms, A Fully Functional Kitchen, And A Walk-In Cooler And Freezer. This Is A Fantastic Opportunity With Significant Growth Potential. Seize The Chance To Be At The Heart Of The Pedestrian Sundays Festival, Maximizing Earnings During Kensington Market's Peak Season. **** EXTRAS **** Lease Term till March 31, 2027 with option to renew 5+5 years. Rent is $7,500/ Month+ Tmi+ Hst (id:51158)
Homes for sale in Toronto
For sale $459,000
House For Sale in toronto, 605 - 15 TORRANCE ROAD

605 - 15 Torrance Road

Toronto, Ontario

4 Bedroom 2 Bathroom
Beautiful 2 Bedroom Condo Unit, Upgraded Kitchen with 2 Quartz Countertops. Excellent Location, TTC in front of the building. Steps to Go Station, Facing South with a Nice Balcony. Well-maintained building with Wheelchair Access. All Utilities are Included with One Parking Space. Hurry this Beautiful Unit Sure Won't Last that Long in The Market. Grab it before it's Gone. **** EXTRAS **** Fridge, Stove, Washer, Dryer & All Elfs (id:51158)
Homes for sale in Toronto
For sale $485,000
House For Sale in toronto, 2539 - 125 OMNI DRIVE

2539 - 125 Omni Drive

Toronto, Ontario

1 Bedroom 1 Bathroom
Location Location. Welcome to Tridel Forest Mansion. This bright and spacious one bedroom condo has 24 hr gatehouse security and is steps to Ttc rapid transit Scarborough Town Centre, library, & restaurants. Close to Hwy 401, schools, parks. Open concept condo with hardwood floor in living & dining room. This beautiful building has recently updated common areas with tons of amenities including indoor pool, gym, billiards lounge, games room, party room and more (id:51158)
Homes for sale in Toronto

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.