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..

865 results | Page 3 of 37
12 24 48
Search/Filter Properties


LOADING

For sale $440,000
House For Sale in toronto, 1902 - 330 DIXON ROAD

1902 - 330 Dixon Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome To Tridel Condo Built For Life. This Well Maintained Two Bedrooms Condo In A Prime Location In Etobicoke! Boasting a Large Living Room Leading To a Walkout Balcony with Floor to Ceiling Windows. This Unit Offers a Beautiful Unobstructed View & Lots Of Sunlight, Ensuite Laundry and 2 Generous Sized Bedrooms. Large Primary Bedroom With a Walk-In Closet. One Underground Parking. Very Close To Airport, Easy Access To Hwy 401, Hwy 427, School, Shopping Plaza, Banks, Bus Transit, No Frills and MORE! **** EXTRAS **** Fridge, Stove, Washer, Dryer. All Elf's. Reasonable Maintenance Fee. Min To Airport & Hwy 401 & 427. Great Amenities: Gym, Party/Meeting Room, Security & Etc. Ensuite Large Storage (Ensuite Laundry Can Be Converted Into Den), Low Taxes. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 705 - 17 RUDDINGTON DRIVE

705 - 17 Ruddington Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
Here are five concise reasons to buy Willow Park At Bayview, 1-Enjoy exclusive living in the coveted Boutique Condo community; Award Winning Architecture, 2-Save money with lower property taxes ,3-Experience the tranquility of North York living, 4-Easy access to Seneca College, University of Toronto, and York University. and Other institutions, 5-Close to Bayview Village Shopping Centre & Highways 401, 404 and 407, TTC at doorstep - Bayview and Finch Subway stations nearbyExtras:1 Bedroom + Den-Can Be 2nd Bedroom *Excellent Layout * 9' Ceiling * Approx 663 Sf + Balcony * Open Concept Executive Hours Concierge, Guest Suite, Party room for entertaining, Well-Equipped Gym (id:51158)
Homes for sale in Toronto
For sale $379,900
House For Sale in hamilton, 36 JAMES Street S|Unit #502

36 James Street S, Unit #502

Hamilton, Ontario

2 Bedroom 1 Bathroom 1017 sqft
Offers anytime, no catch! Renovated corner-unit in the esteemed Pigott building boasting 2 bedrooms and 1 bathroom. Experience an airy open-concept living space surrounded by windows, adorned with finishing touches like the stone feature wall, upgraded flooring, marble fireplace, granite counters, and stainless steel appliances. Both bedrooms offer ample space and abundant natural light, complemented by generous closet space. Enjoy access to communal amenities such as exercise and party rooms, all infused with historic charm. This unit also includes in-suite laundry, a locker and underground parking for added convenience. Ideally situated within walking distance to the vibrant dining and shopping scene of James St N, with easy access to the 403 and McMaster University just a short drive away. Condo fees include heat and water. (id:51158)
Homes for sale in Hamilton
For sale $269,900
House For Sale in hamilton, 183 NORMANHURST Avenue

183 Normanhurst Avenue

Hamilton, Ontario

3 Bedroom 1 Bathroom 957
Hidden Gem with Endless Potential! This charming bungalow, featuring a full basement with separate entrance, awaits its next chapter in the hands of visionaries. Though bearing scars from a fire, this property is brimming with promise for renovators or builders seeking their next project. Uncover the beauty within and transform this diamond in the rough into a masterpiece that will stand as a testament to creativity and innovation. Embrace the challenge; let your imagination soar within these walls and breathe new life into this Normanhurst Bungalow. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in toronto, 1010 - 38 ELM STREET

1010 - 38 Elm Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Luxury Minto Plaza In The Heart Of Downtown, Functional Sun-Filled South Exposure CORNER Unit, Open Concept Living / Dining Room With Laminate Flooring, Extra Storage In Laundry Room, Spacious Bedroom W/ Laminate Flooring French Doors & Large Closet W/Glass Sliding Doors. Minutes To Eaton Centre, Dundas Square, Metropolitan University / Ryerson., T.T.C., Hospitals, And Shops. Well Managed Building With 100 Walk Score, 100 Transit Score & 90% Bike Score! **** EXTRAS **** Exceptional 608 Sqft Of Living Space! Amazing Amenities In The Building Including Indoor Pool, Sauna, Gym, Party Room, Outdoor Terrace With Bbq's & 24hr Security. Great Pied--terre Suite or for first time buyers & investors! (id:51158)
Homes for sale in Toronto
For sale $389,999
House For Sale in hamilton, 23 MAIN Street|Unit #603

23 Main Street, Unit #603

Hamilton, Ontario

2 Bedroom 1 Bathroom 770 sqft
Welcome to 23 Main St. #603, a spacious and bright 2 bedroom condo conveniently nestled within downtown Dundas, just steps away from restaurants, cafes, boutiques, and shops. This top floor unit offers a spacious living room, large primary bedroom, second bedroom, 4-pce bath, kitchen and fantastic screened balcony to relax in. Perfect for first-time buyers, down-sizers, or investors. Brand new carpet and AC unit. New balcony windows to be installed prior to occupancy. (id:51158)
Homes for sale in Hamilton
For sale $449,900
House For Sale in hamilton, 55 Cannon Street W

55 Cannon Street W

Hamilton, Ontario

4 Bedroom 2 Bathroom 1676 sqft
Welcome to your next investment! This property boasts convenience and versatility in Hamilton's Downtown core. With 1,623 sq.ft. including 4 bedrooms, 2 bathrooms and 2 kitchens, it offers the ideal setup for maximizing rental potential. Whether you're seeking a savvy investment or a comfortable home to reside in and rent out the other unit, this property promises a great opportunity. Located in a fantastic location just off Cannon St., close to West Harbour Front GO station, trendy shops, and schools. Don't miss it!. (id:51158)
Homes for sale in Hamilton
For sale $449,000
House For Sale in hamilton, 482 JAMES Street N Unit# 104

482 James Street N Unit# 104

Hamilton, Ontario

2 Bedroom 1 Bathroom 795
Rarely Offered! Bright & Spacious Boutique Style Condo located on the very desirable James St N. Featuring open concept living, with updated kitchen & stainless steel appliances. Enjoy the separate dinning area, in-suite laundry, 2 large bedrooms, & hardwood floors. You will love the neutral tones, floods of sunlight and the almost 800 Sq. Ft. of living space! Don't miss this fantastic opportunity to get into the neighbourhood, ideally located within Walking distance to The West Harbour Go, Downtown core , Shops on James St, Waterfront development & More! (id:51158)
Homes for sale in Hamilton
For sale $498,888
House For Sale in mississauga, 159 - 4975 SOUTHAMPTON DRIVE

159 - 4975 Southampton Drive

Mississauga, Ontario

1 Bedroom 1 Bathroom
Plaese note that Some Pictues are Virtually Staged. Great Value - Most Sought After End Unit By Daniels Built Community. A private fence Terrace with an Oversized Patio for your Enjoyment. New Bathroom Vanity, Toilet & Light Fixture. Newly Painted Unit. With New Window Coverings, Newer Stacked Washer & Dryer - Ensuite Laundry. Parking Spot Directly in front of Unit. Beautiful Ceramic Backsplash in the Kitchen with Stainless Steel Appliances. Great Location. Close to Grocery Stores, Banks, Rona & Various Restaurants. Near Credit Valley Hospital, Schools, Erin Mills Town Center, Erin Meadow Community Center, HWY 403 and Public Transit. **** EXTRAS **** Stainless Steel Stove, Fridge and Built-In Dishwasher, Newer Stacked Washer & Dryer, Air conditioning, All Electrical Light Fixtures, All Window Coverings. And A Private Patio/Terrace. (id:51158)
Homes for sale in Mississauga
For sale $489,000
House For Sale in toronto, 208 - 2A CHURCH STREET

208 - 2a Church Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to 2A Church! This junior 1-bedroom unit is a must-see! Featuring a bright and open concept Kitchen/Living area with large windows, this unit offers an amazing opportunity for first-time homebuyers or investors. The building has great amenities including concierge, exercise room, outdoor pool, party/meeting room, rooftop deck/garden, and terrace lounge with BBQs. With an unbeatable location steps away from St. Lawrence Market, the Financial District, fabulous restaurants & patios, Union Station, and the waterfront, this condo offers the best of downtown living. Don't miss out on this opportunity! (id:51158)
Homes for sale in Toronto
For sale $429,900
House For Sale in toronto, 1002 - 238 ALBION ROAD

1002 - 238 Albion Road

Toronto, Ontario

2 Bedroom 1 Bathroom
This Spacious 2 Bedroom, 1 Bathroom Condo w/ upgraded kitchen, & laminate flooring throughout is move in ready. Offering space and breathtaking city views from the walk out terrace. The primary bedroom features his/hers closet with ample space for a king size bed. With ensuite laundry, and 1 underground parking space. Ideal for first-time buyers or families seeking a blend of affordability and luxury. Plus, all utilities are included maintenance fee! **** EXTRAS **** Fridge,Stove, Microwave, washer and dryer (id:51158)
Homes for sale in Toronto
For sale $389,900
House For Sale in mississauga, 1209 - 1665 THE COLLEGEWAY

1209 - 1665 The Collegeway

Mississauga, Ontario

1 Bedroom 1 Bathroom
Retirement living at its finest! Parkland on the Glen is nestled in the heart of Mississauga's Sawmill Valley and situated adjacent to the beautiful Glenerin Inn and Spa. This spacious condo offers 9-foot ceilings, a large kitchen with full size appliances, granite countertops and a breakfast bar. Open concept dining and living room with hardwood floors and a walk out to an oversized balcony with stunning views of Sawmill Valley Trail. The private bedroom has a large double closet with a second walk out to the balcony offering spectacular panoramic views. Bathroom provides a shower and soaker tub. One parking spot and locker also included. Voted one of the city's best retirement communities offering exceptional amenities such as 24-hour concierge, in house Executive Chef, wellness activities, hair salon, movie theatre, transportation and so much more. Enjoy an independent lifestyle with the luxury of adding on customizable options for care and wellbeing. **** EXTRAS **** Mandatory monthly service pkg. of $770 + HST first occupant; $655+ HST second occupant. Includes meal credit, basic cable, phone, Internet. (id:51158)
Homes for sale in Mississauga
For sale $449,000
House For Sale in hamilton, 165 LIMERIDGE Road W Unit# 5

165 Limeridge Road W Unit# 5

Hamilton, Ontario

2 Bedroom 1 Bathroom 800
Welcome to 165 Limeridge Rd W Unit #5. Opportunity knocks! Best priced condo townhome in the area! Don’t miss out on this affordable, well maintained 2 bdrm home with full finished basement. Main floor features living rm with a large front window providing loads of natural light, dining rm, and kitchen with pantry. Upper level offers 2 bdrms and freshly updated bathroom. Lower level boasts family rm for added living space, plus utility/furnace room. Four appliances included. Freshly painted 2024. Most flooring updated 2024. Bathroom vanity, mirror and floor new 2024. Toilet new 2023. Central Air updated 2011. Conveniently situated on Hamilton's vibrant West Mountain near schools, parks, plazas, Mohawk College, and easy Highway access to the Linc and Red Hill. Won’t Last! Virtually staged. (id:51158)
Homes for sale in Hamilton
For sale $419,900
House For Sale in hamilton, 144 SELKIRK AVENUE

144 Selkirk Avenue

Hamilton, Ontario

3 Bedroom 1 Bathroom
Fantastic opportunity for renovators, investors, or DIY enthusiasts!! One of the largest homes in the area, 144 Selkirk Avenue may just be the home for you. This 1.5 story house has an ideal layout, with a hard-to-find, 1124 sq ft of finished space above grade. On the main level, you will find a kitchen, living room, dining room with walk-out to the backyard, primary bedroom and full bathroom. Upstairs features 2 additional generous sized bedrooms and an additional walk-in closet. Also rare in this neighbourhood, this home features a full-height, 618 Sq ft unfinished basement, providing endless opportunities to add additional living space - another bedroom, bathroom, and/or recreational space! Fully fenced backyard and extra long driveway with parking for up to 3 vehicles. A little TLC will go a long way in this charming home. Transitioning area with many renovated homes in the neighbourhood. Proximity to transportation makes this property perfect for commuters - only 8 minute to the QEW, 16 minutes to the Hamilton GO Train Station, and 25 minutes to the Hamilton International Airport. Close to popular Hamilton attractions such as Dundurn Castle, various Hamilton waterfalls, conservation areas, and Gage Park. Wild Water Works and First Ontario Centre both within a 20 minute drive. Book at showing today! **** EXTRAS **** Interior painted - 2024. Roof - 2014. Updated kitchen cabinets & LVP flooring. Central A/C. Large garden shed in backyard. (id:51158)
Homes for sale in Hamilton
For sale $299,999
House For Sale in hamilton, 350 CANNON STREET E

350 Cannon Street E

Hamilton, Ontario

5 Bedroom 2 Bathroom
Welcome to this charming and full-of-potential brick home! Nestled in a prime location near trendy James Street, Hamilton General Hospital, and a vibrant recreation center, this property offers both convenience and lifestyle. This solidly built brick home boasts a timeless appeal, with the opportunity for you to add your final touches to restore it to its original glory or transform it into your dream modern oasis. Whether you envision preserving its classic character or infusing it with contemporary design elements, the possibilities are endless. Outside, you'll find a generous yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine. With its desirable location and boundless potential, this property presents an exciting opportunity to create the home you've always envisioned. Schedule a viewing today and start imagining the possibilities! **** EXTRAS **** 2 car parking potential in backyard. (id:51158)
Homes for sale in Hamilton
For sale $299,999
House For Sale in hamilton, 350 Cannon Street E

350 Cannon Street E

Hamilton, Ontario

5 Bedroom 2 Bathroom 1375 sqft
Welcome to this charming and full-of-potential brick home! Nestled in a prime location near trendy James Street, Hamilton General Hospital, and a vibrant recreation center, this property offers both convenience and lifestyle. This solidly built brick home boasts a timeless appeal, with the opportunity for you to add your final touches to restore it to its original glory or transform it into your dream modern oasis. Whether you envision preserving its classic character or infusing it with contemporary design elements, the possibilities are endless. Outside, you'll find a generous yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine. With its desirable location and boundless potential, this property presents an exciting opportunity to create the home you've always envisioned. Schedule a viewing today and start imagining the possibilities! (id:51158)
Homes for sale in Hamilton
For sale $449,999
House For Sale in hamilton, 308 - 460 DUNDAS STREET E

308 - 460 Dundas Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to this beautiful 3rd-floor unit at Trend 2. Step into this luminous 1 bedroom condo, where brightness greets you from the outset. The open-concept kitchen and living room beckon, featuring brand-new stainless steel appliances, a charming breakfast bar, and seamless access to your own private balcony. The generously sized primary bedroom is a haven of light, adorned with floor-to-ceiling windows and complemented by a spacious walk-in closet. Completing the picture is a well-appointed 4 piece bathroom and the convenience of in-suite laundry. This residence offers an array of enticing amenities, including vibrant party rooms, state-of-the-art fitness facilities, delightful rooftop patios, and secure bike storage. Nestled in the sought-after Waterdown community, residents will relish easy access to superb dining options, premier shopping destinations, esteemed schools, and picturesque parks. Included with this unit is 1 parking spot as well as a designated locker. (id:51158)
Homes for sale in Hamilton
For sale $498,000
House For Sale in toronto, 618 - 2522 KEELE STREET

618 - 2522 Keele Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to this Inviting and Sunlit 1-Bedroom, 1-Bathroom Residence Nestled in the Heart of Toronto. Discover a Generous Living Space with A Private Balcony that Offers Serene Views of the Peaceful Maple Leaf Neighborhood. The Modern Open-Concept Kitchen Features Elegant Granite Countertops and Top-Of-The-Line Stainless Steel Appliances. Convenience is at Your Doorstep With Easy Access to TTC Transportation. You'll also Find A Plethora of Amenities Nearby at Smart Centers North Park Plaza, As Well As Quick Access to Hwy 401, Humber River Hospital, Yorkdale, Lawrence West & Yorkdale TTC Stations. Included with this Property, are essential appliances: a Fridge, Stove, Dishwasher, and In-Unit Laundry With a Washer and Dryer. You'll also Enjoy the Convenience of one Parking Spot and a Storage Locker. Complimentary Wi-Fi Internet and Better TV Package (Bell) Services are Provided. **** EXTRAS **** The Building Offers a Range Of Amenities, Including a Fitness Center, a Stylish Party Room, a Rooftop Terrace, Visitor Parking, and a Secure Space for your Bicycle Storage. (id:51158)
Homes for sale in Toronto
For sale $429,000
House For Sale in toronto, 205 - 740 EGLINTON AVENUE W

205 - 740 Eglinton Avenue W

Toronto, Ontario

2 Bedroom 1 Bathroom
Exceptional Upper Forest Hill Suite Incorporating The Perfect Blend Of Sophistication and Convenience. This 1 Bedroom & Den Suite Features A Generously Sized One Bedroom Layout with a Den Ideal For A Home Office. The High Ceilings, Sun Drenched Spacious Living & Dining Areas Bode Well For Entertaining Guests While Allowing The Chef Privacy In The Well Equipped Galley Kitchen With New Stainless Steel Appliances. Premium Flooring Throughout. Unobstructed Easterly View From The Private Balcony. Conveniently Positioned Mere Minutes From The Bustling Eglinton District Ensuring A Seamless Urban Experience. Steps To Eglinton Crosstown, Future Forest Hill LRT, Buses and Subway. Excellent Schools Nearby And Steps To Amenities, Community Hubs And Much More! **** EXTRAS **** All Stainless Steel Appliances: Fridge & Stove'23, Microwave. Elect. Light Fixtures. Two portable A/C Units And Window Coverings. Exclusive Use Of Locker. Pet Policy: Max 2 Cats, No Dogs. **Not A Co-op (id:51158)
Homes for sale in Toronto
For sale $469,999
House For Sale in toronto, 2409 - 3 MICHAEL POWER PLACE

2409 - 3 Michael Power Place

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome To This Beautiful Palais At Port Royal Place Building In The Islington City Centre West Neighborhood. Spacious And Bright 24th Floor 1 Bedroom Unit With Stunning Views. Stainless Steel Appliances, Granite Counters, Balcony, Parking & Locker. Located In Trendy Islington Village. Short Walk To Islington Subway Station, Bloor Street Shops, Restaurants, Parks. Great Hwy Access. **** EXTRAS **** Amazing Amenities Including Indoor Pool, Exercise Room, Sauna, Theatre, 24 Hour Concierge. (id:51158)
Homes for sale in Toronto
For sale $449,990
House For Sale in hamilton, 114 - 470 DUNDAS STREET E

114 - 470 Dundas Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Brand New Condo In Sought After Trend 3 Built By The Award Winning New Horizon Development Group. This Stunning Ground Floor Unit Has Extensive Upgrades Including Quartz & Vinyl Plank Throughout. Enjoy All Of The Fabulous Amenities That This Building Has To Offer; Including Party Rooms, Modern Fitness Facilities, Rooftop Patios And Bike Storage. Unit Also Features In-Suite Laundry, 1 Locker & 1 Surface Parking Space! Only 10 Minutes From The Go Station, 15 Minutes Away From Downtown Burlington And 18 Minutes To Downtown Hamilton, This Is The Perfect Location! (id:51158)
Homes for sale in Hamilton
For sale $449,990
House For Sale in hamilton, 115 - 470 DUNDAS STREET E

115 - 470 Dundas Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Brand New Condo In Sought After Trend 3 Built By The Award Winning New Horizon Development Group. This Stunning Ground Floor Unit Has Extensive Upgrades Including Quartz & Vinyl Plank Throughout. Enjoy All Of The Fabulous Amenities That This Building Has To Offer; Including Party Rooms, Modern Fitness Facilities, Rooftop Patios And Bike Storage. Unit Also Features In-Suite Laundry, 1 Locker & 1 Surface Parking Space! Only 10 Minutes From The Go Station, 15 Minutes Away From Downtown Burlington And 18 Minutes To Downtown Hamilton, This Is The Perfect Location! (id:51158)
Homes for sale in Hamilton
For sale $489,000
House For Sale in toronto, 109 - 5225 FINCH AVENUE E

109 - 5225 Finch Avenue E

Toronto, Ontario

2 Bedroom 1 Bathroom
Excellent Location, Spacious & Bright 1 Bedrooms + Den (Can Be Used As A 2nd Bedroom), Well Maintained Bldg W/Low Maint Fee, Close To Shopping Plaza, Asian Mall, Banks & Restaurant And All Amenities **** EXTRAS **** Existing: Fridge, Stove, Built-In Dishwasher, Washer & Dryer, All Electrical Light Fixtures. All Window Coverings (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 1101 - 10 DE BOERS DRIVE

1101 - 10 De Boers Drive

Toronto, Ontario

3 Bedroom 2 Bathroom
Stunning and Modern 2 Bedroom + Den Condo with Unobstructed Views, ideally situated right across from Sheppard West Subway Station. This functional layout is sure to impress! Featuring stainless steel appliances, large windows, a spacious primary bedroom with a walk-in closet and 4-piece ensuite bath, an open-concept kitchen, a bright living room, a generous-sized den, a large second 3-piece bathroom, and more. Prime location with easy highway access. Don't miss out on this opportunity! **** EXTRAS **** Washer, Dryer S/S Fridge, S/S Dishwasher, S/S Stove, S/S Microwave (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.