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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 $449,000
House For Sale in hamilton, 8 LLOYD ST

8 Lloyd St

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome to 8 Lloyd St, where the essence of ""home"" shines without disappointment. Discover a sanctuary of comfort and modernity with a comprehensive array of upgrades. From enhanced insulation to the enduring beauty of engineered hardwood floors, every detail speaks of quality living. Embrace the luxury of two pristine bathrooms and a newly appointed kitchen boasting top-of-the-line appliances. Outside, revel in the fresh allure of new windows, stucco, and siding, accentuated by a flawless paint job. Ascend the inviting hardwood stairs, and you'll find that this residence is more than just a houseit's a haven where every detail is crafted to ensure your utmost satisfaction. (id:51158)
Homes for sale in Hamilton
For sale $65,000
House For Sale in oakville, 503 PINEGROVE RD
Restaurant

503 Pinegrove Rd

Oakville, Ontario

1 Bathroom 500 sqft
Business owners rejoice, we bring to you a lovely opportunity to takeover and convert this 500 sq ft retail, take out, restaurant. This unique setup can be converted to many different uses subject toLandlord approval. This ideal and fully functional layout provides a seamless transition to a bakery, cafe, QSR, food prep/retail store, and many more uses. With ample parking in the front and back, convenient access, plenty of storage in a high and dry basement, in a desirable Bronte East community, this opportunity lends itself to both first time owner/operators as well as seasoned operators looking to expand their operations. With such a high demand in commercial leasing, and little inventory to choose from, this turn key setup saves you time and money on your next venture. All chattels and equipment are included in the price. Incredibly low rent at $1500 monthly inclusive of TMI. New term to be negotiated with Landlord. **** EXTRAS **** * Gross Rent = $1500.00 * New Lease Term To Be Negotiated * 500 Sq Ft * List of Chattels & EquipmentAttached * Ample Parking * Washroom * Full Dry Basement * (id:51158)
Homes for sale in Oakville
For sale $498,000
House For Sale in toronto, #2202 -62 FOREST MANOR RD

#2202 -62 Forest Manor Rd

Toronto, Ontario

1 Bedroom 1 Bathroom
Charming 1 Bedroom At Dream Tower At Emerald City| 9 Ft Ceilings| Open Concept & Sun-Filled Dining/Living Room With Floor-To-Ceiling Windows, Laminate Floors & Walk-Out To Balcony | Kitchen With Stainless Steel Appliances & Granite Countertop| Master Bedroom Upgraded With Floor-To-Ceiling Windows & Upgraded To Laminate Floors | Located Across From Fairview Mall | Steps To Public Transit | Close To Schools | Close To Dvp And Hwy 401. **** EXTRAS **** S/S Appliances: B/I Dishwasher, Fridge & Microwave Hood Range. Stacked Washer & Dryer. All Elf's & Existing Curtains With Rod. 1 Underground Parking Spot. Amenities Include: Sauna, Visitor's Parking, Theatre, Yoga Room, Bbq Area, & More! (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in burlington, #104 -4040 UPPER MIDDLE RD

#104 -4040 Upper Middle Rd

Burlington, Ontario

2 Bedroom 1 Bathroom
RARE OFFERING! THIS luxurious 1 bedroom PLUS Den Condo is Fresh, Fabulous located in the New, Modern & Stylish Park City Condo development! We have a South facing Unit with Soaring 10' Ceilings and Lots Of Natural Light thru Oversized windows and an extra Heavy reflective tinted sliding door walk out to 110 SF Terrace. First Floor Unit overlooking the QUIET front of building. Immaculately maintained by its original owner and professionally painted throughout (2024). Kitchen has Tall upper cabinets/Stainless Steel appliances/slide in stove/backsplash & granite counters. Breakfast bar seating and Open Concept Living Room/Dining room is intimate yes great for entertaining. A Bright and Spacious primary bedroom w 4 piece ensuite bath (Soaker tub and Shower) provides Ensuite privileges to DEN (possible 2nd bedroom).Stacked Whirlpool Washer/Dryer in suite too. One locker come with this unit and VERY RARE - TWO parking spots! Owner paid an extra $35000 in purchase price for the 2nd. Maintenance fees a little higher to cover the additional ownership, but, the convenience is immeasurable. You pay only Hydro and Internet. The Park City building provides residents with a Dining/Meeting room with kitchen; ALounge in the Lobby; guest parking; recycling program and plans for much more with regard to amenities. Don't miss this gem! Tansley Woods Community Centre, TIM Hortons/Groceries/Services/Great local restaurants/walking trails and parks. Close to the Millcroft Golf Club/Schools/Public Transit and Easy Access to QEW and 403. GO train is conveniently located Tons of EXTRAS that makes #104 SPECIAL: Two Parking spaces. 10"" ceilings, Main Floor Unit, Quiet Southern Exposure, 110 SF Terrace, Professionally Painted, 2 Ceiling fans. STATUS CERTIFICATE ORDERED Quick close available **** EXTRAS **** Electric light fixtures, 2 fans, fob, (id:51158)
Homes for sale in Burlington
For sale $499,900
House For Sale in toronto, #802 -1 REAN DR

#802 -1 Rean Dr

Toronto, Ontario

1 Bedroom 1 Bathroom
Luxury New York Towers built by Daniels, excellent location minutes' walk to Bayview subway/TTC, Bayview Village Shopping Centre, Library, Loblaws, IKEA, Starbucks, restaurants and close to 401/404.Best largest 1 Bedroom layout (Model: The Empire) living with 642 sq/ft + 61 sq/ft terrace (as per builder)!!! Open view and quiet unit facing Bayview Village. Upgraded kitchen backsplash, cabinets, laminate floor and lighting. Ready to move-in condition!!! Includes 1 spacious parking close to the elevator and 1 locker. Maintenance Fees include all Utilities, Building includes excellent amenities: concierge/security guard, indoor swimming pool, whirlpool, sauna, virtual golf, billiard, movie theater, fitness classes (yoga, zumba, tai chi, etc), 24 hrs concierge, car wash, table tennis, exercise room, party room, bike storage, guest suites, media room and bbq area. The property management team is currently in the process of installing electric vehicle chargers in the visitor parking area. *SOME INTERIOR PHOTOS ARE VIRTUALLY STAGED* **** EXTRAS **** Existing Appliances: Fridge, Stove, Range Hood, Dishwasher, Washer & Dryer; All Window Coverings, All Electrical Light Fixtures; One Parking; One Locker. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in mississauga, #1510 -3695 KANEFF CRES

#1510 -3695 Kaneff Cres

Mississauga, Ontario

2 Bedroom 1 Bathroom
Welcome to this bright and spacious 1+1 suite, centrally located in downtown Mississauga. Enjoy a combined living/dining room, kitchen with tons of counter space and windows allowing natural light to pour in. Enclosed den/solarium can be used as a second bedroom. Large Walk-in storage/pantry room. Low maintenance fees include: heat, hydro and water. Exceptionally managed building with luxury amenities including indoor swimming pool, fully equipped gym, barbecue area, tennis court, party room, guest suites, and 24 hour security. Prime city center location with the future L.R.T. at your footsteps. **** EXTRAS **** Well managed building with incredible amenities including indoor swimming pool, fully equipped gym, barbecue area, tennis court, party room, guest suites and 24 hour security. A true retreat with beautiful gardens. (id:51158)
Homes for sale in Mississauga
For sale $429,900
House For Sale in burlington, 100 Burloak Drive|Unit #2505

100 Burloak Drive, Unit #2505

Burlington, Ontario

1 Bedroom 1 Bathroom 806 sqft
Welcome to "Hearthstone by the Lake" Retirement Community. Live as independently as you wish or make use of the number of available amenities. This unit offers 9' ceilings, large windows, a full kitchen, a separate dining room, a spacious living room with a walk-out to the treed balcony with North/West exposure, a good-sized bedroom with a walk-in closet, and convenient in-suite laundry. Plus, there is one underground parking space and a locker. Hearthstone Club Fee includes 1-hour of monthly housekeeping, a $250 (incls tax) meal/dining credit, shuttle service, an on-site handyman, an emergency call system, 24-hour emergency nursing, a wellness centre, a concierge, an exercise room, an indoor pool, a library, a dining lounge, and games room -both with fireplaces. Also, enjoy the lovely landscaped grounds and courtyard with outdoor patio areas and a gazebo. All this and just steps to the Lake! (id:51158)
Homes for sale in Burlington
For sale $395,000
House For Sale in toronto, #1111 -2 GLAMORGAN AVE

#1111 -2 Glamorgan Ave

Toronto, Ontario

1 Bedroom 1 Bathroom
Condo living for $395,000! You can't beat this 1 bdrm + 1 bath unit on the 11th floor of a well established building. Shop at Kennedy Commons, access Hwy 401, stroll to Glamorgan Park, or grab transit at your doorstep. Cook grand dinners in the kitchen and serve in separate dining room. The open floor plan allows the party to continue to the balcony that spans the length of the unit. In the morning, take a seat in the kitchen where there's room for table and chairs. Lots of storage, lots of windows. Includes locker and surface parking. $655 maintenance fees. **** EXTRAS **** Convenient location. Tenanted property. A/C unit as is. (id:51158)
Homes for sale in Toronto
For sale $465,000
House For Sale in toronto, #811 -1 MASSEY SQ

#811 -1 Massey Sq

Toronto, Ontario

2 Bedroom 1 Bathroom
P-O-W-E-R- O-F S-A-L-E!, Power of Sale, Approximately 955 sq. (as per management office), Great location, Minutes walk to Victoria Park Subway, 20 Min. to Downtown Core, U of T, Ryerson, George Brown College. Steps to many conveniences. Great Value! (id:51158)
Homes for sale in Toronto
For sale $449,000
House For Sale in hamilton, #421 -1 JARVIS ST

#421 -1 Jarvis St

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to this Brand New unit at 1 Jarvis by EMBLEM Developments! Never lived in, be the first one to move in! Building offers Yoga room, fitness centre, lounge, Co-Work Space! Located in the heart of Hamilton, you'll enjoy easy access to McMaster University, easy access to Highway 403, QEW, shops, restaurants and more! Taxes & Condo Fees have yet to be assessed for this unit. **** EXTRAS **** This is NOT an assignment sale, taxes and maintenance to be assessed. (id:51158)
Homes for sale in Hamilton
For sale $479,900
House For Sale in mississauga, #605 -3501 GLEN ERIN DR

#605 -3501 Glen Erin Dr

Mississauga, Ontario

2 Bedroom 1 Bathroom
Perfect time for Buying Condo before Increase Price! Bright And Open Concept 2 Bed, 1 Bath Condo with Long Balcony. That's Central To All Major Amenities. Sliding Door To The Large Private Balcony. This Is Also A Rare Unit That Has An In-Suite Laundry That Includes An Efficient Full-Size Washer. The Unit Comes With One Underground Parking, A Locker, And The Condo Fees Include Heat And Hydro. Condo Amenities Include Fitness Center And Partyroom. Truly So Much Value In This Unit &Location (id:51158)
Homes for sale in Mississauga
For sale $499,900
House For Sale in hamilton, 15 QUEEN Street S Unit# 1415

15 Queen Street S Unit# 1415

Hamilton, Ontario

1 Bedroom 1 Bathroom 661
Luxury lifestyle with this 1 bedroom PLUS Den at the Platinum Condos in Hamilton! A new modern smart building with rooftop terrace space, State-Of-The-Art Gym, Party Room and visitor parking. This spacious unit includes a convenient OWNED storage locker and an OWNED underground parking space. Featuring 9 foot ceilings, This kitchen area is sure to impress with quartz counters, an eat in island and stainless appliances. Spend mornings siping coffee or evenings with some vino admiring the views from this 14th floor unit. Minutes away from Hwy 403, McMaster University, Mohawk College, Hospitals, Go Transit System, restaurants and coffee shops! Perfect for the young couple looking to get into the market with lifestyle or a place to hang your head and not have to worry about anything while you do your worldly travels. (id:51158)
Homes for sale in Hamilton
For sale $408,000
House For Sale in hamilton, #1306 -1 JARVIS ST

#1306 -1 Jarvis St

Hamilton, Ontario

1 Bedroom 1 Bathroom
Step Into The Vibrant Heart Of Downtown Hamilton At 1 Jarvis Street! This Freshly Built Condominium Epitomizes Urban Living With Its Contemporary design and convenient location. Step inside this luminous, carpet-free dwelling featuring one bedroom and a full bathroom, providing ample space for comfortable living. The open-concept layout is perfect for hosting gatherings, boasting a modern kitchen outfitted with stainless steel built-in appliances &quartz countertops. Natural light floods the inviting living area through full-sized sliding doors, leading to a balcony the perfect spot for your morning coffee or evening cocktail. The tranquil bedroom offers a serene escape, complete with a full-height window for abundant natural light. Indulge in the array of amenities complemented by attentive 24-hour concierge service. Situated at the core of Hamilton, enjoy effortless access to all transit. (id:51158)
Homes for sale in Hamilton
For sale $30,000
House For Sale in toronto, #105 -2323 BLOOR ST W

#105 -2323 Bloor St W

Toronto, Ontario

1 Bathroom 490 sqft
Amazing Opportunity To Own This Well Known And Respected Wellness Clinic In The Heart Of High Park. Perfect For Massage Therapists, Chiro, Physio And Much More! All Chattels and Database Of Over 1000 Loyal Customers Is Included. Training Provided! **** EXTRAS **** 3 Yrs Left on The Lease + 5 Yrs, Very Reasonable Terms. Great Visibility And Walk- In Traffic On Bloor St. West (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $489,999
House For Sale in toronto, #423 -550 FRONT ST W

#423 -550 Front St W

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to this 9ft High Ceiling North Facing 1 Bedroom Condo in a Well Managed Low-rise Boutique Building in Portland Park Village tucked away from bustling King St W. Open Concept Practical and Functional Layout. Walk Score 88 & Transit Score 95! Steps to TTC, Rogers Centre, Financial and Entertainment District. Do your shopping at the newly launched Shopping Centre The Well, Stackt Market; Farm Boy, Loblaws, Joe Fresh, Shoppers, And Lcbo. Private Spacious Balcony is perfect for relaxing and entertaining all summer long. **** EXTRAS **** Low Condo Fees & Taxes In A Well Managed Building. Stacked Washer And Dryer, All Window Coverings, And All ELFs. Shop @ The Well. Farm Boy &. Close To Parks, Liberty Village, Bay St, & TTC. Easy Access To The Gardener/QEW (id:51158)
Homes for sale in Toronto
For sale $479,000
House For Sale in toronto, #409 -19 AVONDALE AVE

#409 -19 Avondale Ave

Toronto, Ontario

1 Bathroom
Absolutely!""Step into and embrace this sun-drenched corner unit, boasting move-in condition and thoughtful updates throughout. Illuminated by the warmth of natural light, this bachelor living space features a charming balcony, convenient locker, and coveted parking spot. Nestled in the vibrant Yonge and Sheppard locale, you're just a leisurely stroll away from TTC access, Whole Foods, bustling Yonge Street, eclectic shops, and a plethora of dining options. **** EXTRAS **** included pristine move-in condition, freshly painted walls that breathe new life into the space, a versatile Murphy bed for optimized living, an inviting electric fireplace for cozy evenings, and brand-new blinds offering style and privacy. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in burlington, 4040 UPPER MIDDLE ROAD Road Unit# 104

4040 Upper Middle Road Road Unit# 104

Burlington, Ontario

1 Bedroom 1 Bathroom 653
Attention empty nesters, commuters, first time home buyers, investors and executives, RARE OFFERING! THIS luxurious 1 bedroom PLUS Den BOASTS OWNERSHIP of TWO, yes 2 Parking Spots! This Fresh and Fabulous Condo is Ready for YOU in the New, Modern & stylish Park City Condo development! South facing Unit with Soaring 10' Ceilings! Lots Of Natural Light/Oversized windows/Walk Out To Extra Large 110 SF Terrace.Located On The First Floor overlooking the QUIET front of the building. It has been Immaculately maintained by its original owner and professionally painted throughout (2024). Kitchen has Tall upper cabinets/Stainless Steel appliances/slide in stove/backsplash & granite counters. Breakfast bar seating for 3 and Open Concept Living Room/Dining room is intimate for quiet evenings yet flows beautifully for entertaining. A Bright and Spacious primary bedroom w 4 piece ensuite bath (Soaker tub and Shower) provides Ensuite privileges to DEN (possible 2nd bedroom). Stacked Whirlpool Washer/Dryer too. One locker come with this unit and TWO parking spots. Owner paid an extra $35000 in purchase price! No parking at the plaza or waking early to move your car. Maintenance fees a little higher to cover the 2=better than renting one. You Still Only pay Hydro and Internet. The Park City building provides residents with a Dining/Meeting room with kitchen. Lounge in the Lobby, guest parking, recycling program and plans for much more with regard to amenities. Don't miss this gem! Tansley Woods Community Centre, TIM Hortons/Groceries/Services/Great local restaurants/walking trails and parks. Close to the Millcroft Golf Club/Schools/Public Transit and Easy Access to QEW and 403. GO train is conveniently located nearby. RECAP of EXTRAS that makes #104 SPECIAL: Two Parking spaces. 10 ceilings, Main Floor Unit, Quiet Southern Exposure, 110 SF Terrace, Professionally Painted, Celings fans. STATUS CERTIFICATE ORDERED Quick close available (id:51158)
Homes for sale in Burlington
For sale $32,000
House For Sale in toronto, #B67 -505 RICHMOND ST W

#b67 -505 Richmond St W

Toronto, Ontario

Locker room for sale. Must own a unit in the building. **** EXTRAS **** Enclosed exclusive use locker room, not a cage in a shared room. Buyer to verify taxes and condo fees. Must be owner of unit in building. Located on P2. Size is 12'8"" x 4' as per builder. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, #212 -69 LYNN WILLIAMS ST

#212 -69 Lynn Williams St

Toronto, Ontario

1 Bedroom 1 Bathroom
Fashionable And Well-Appointed 1 Bedroom In Highly Coveted 69 Lynn Williams. Freshly painted with new Luxury Vinyl Planks installed and brand new light fixtures! Professionally Cleaned! Kitchen boasts Ceramic Glass Back-splash, and Granite Counter-top and Under-mounted Sink! Steps to Metro Supermarket, TD Bank, CIBC, Restaurants, Shops. Enjoy A Beautiful Open View From The Large Balcony. The Unit Has Been Professionally Cleaned. Offers Anytime. Great Value For A Sweet Unit. **** EXTRAS **** S/S Fridge, Stove, Dishwasher, Microwave, Hood Range, Stacked White, Washer and Dryer. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, #538 -3 EVERSON DR

#538 -3 Everson Dr

Toronto, Ontario

1 Bedroom 1 Bathroom
Attention first time home buyers or investors. Welcome to this charming home located Steps To Yonge And Sheppard where convenience and style matters. Unique Corner Unit Townhouse with a ground level terrace and a garden bed. Underground Parking, Locker And More. Well Maintained Spacious Bright One Bedroom Open Concept. Close to Shopping, 2 Subway Stations, Bus &Transportation, Parks (id:51158)
Homes for sale in Toronto
For sale $449,000
House For Sale in toronto, #1006 -10 MUIRHEAD RD

#1006 -10 Muirhead Rd

Toronto, Ontario

3 Bedroom 2 Bathroom
If you are looking for a spacious suite located in a fantastic neighbourhood, look no further. Suite 1006 in 10 Muirhead is the one for you! This bright, west-facing 1,150 square foot suite has a great layout with 3 bedrooms, 2 bathrooms (including 1 ensuite), open concept living and dining area and new kitchen with quartz counters. The list of amenities is extensive. It includes a pool, tennis court, gym, squash court, billiards room, party room and even a convenience store for that late-night milk run. The maintenance fees include all utilities + landscaping, snow removal, cable TV & unlimited high-speed internet. The Pleasant View neighbourhood has everything singles, couples or families could want including a community centre, library, a variety of shopping plazas, restaurants, cafes and numerous schools (including coveted Brian Public School with a French Immersion program). With plenty of large parks and quiet streets, Pleasant View residents can enjoy a slower pace of life with the city hustle and bustle just streets or a bus ride away. It is a quick walk to the Don Mills subway station at Fairview Mall and Hwys. 401 and 404 are just minutes away. The unit comes with one parking space but extra parking spaces and storage lockers are available to rent. Don't miss your chance to live in this great suite in an amazing neighbourhood! **** EXTRAS **** Renovated kitchen (Mar 2023) complete w. soft-close hinges, large lower pot drawers, pull-out pantry/cleaning cabinet & quartz countertops. Maint. fee incl. ALL utilities + landscaping, snow removal, cable TV & unlimited high-speed internet (id:51158)
Homes for sale in Toronto
For sale $495,000
House For Sale in mississauga, #606 -60 BRISTOL RD
Food Services and Beverage

#606 -60 Bristol Rd

Mississauga, Ontario

3000 sqft
Location, Location ,Location, Own the go-to grocery and halal meat hub in a high-traffic AAA location, adjacent to McDonald's and surrounded by a dense residential area. This is the neighborhood's only store of its kind and sits next to a future LRT station and upcoming condo developments, ensuring a growing customer base. With easy access, a loyal community, and a option for profitable takeout food . **** EXTRAS **** All chattels and equipments are included in the price, this store is perfectly positioned for success and expansion.Low rent of only $8689 gross . (id:51158)
Homes for sale in Mississauga
For rent $16,000 Monthly
House For Sale in toronto, #1302 -200 SUDBURY ST

#1302 -200 Sudbury St

Toronto, Ontario

3 Bedroom 2 Bathroom
The largest suite in new boutique building ""1181 Queen"" designed by Quadrangle Architects, bespoke interiors by Studio Marlowe, this thoughtful union of 2.5 building units has created over 2400sf of truly unique & luxurious indoor & outdoor space. Exceptionally appointed throughout with high ceilings, large principal rooms, European rift-cut wood floors, marble surfaces, architectural lighting &fixtures, a stunning and dramatic fireplace. Set back and above Queen & Gladstone's vibrant community, with the advantage of treed and serene vistas to north, west, an south to Lake Ontario. Seamlessly integrated living spaces include an open kitchen, dining & living plus private wing of luxurious sleeping quarters. The large Scavolini kitchen includes an oversized centre island, stained steel-finish lacquer cabinetry and marble countertop, high-end integrated appliances and well-curated lighting. Sophisticated urban living, an extraordinary home. Move-in ready! **** EXTRAS **** Queen & Gladstone, across from historic Gladstone Hotel, West Queen West's neighbourhood life at its finest. Steps to transit, shopping, restaurants, Ossington Strip, Trinity Bellwoods Park, & more. Short Term Lease considered (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in hamilton, 92 STEVEN ST

92 Steven St

Hamilton, Ontario

3 Bedroom 1 Bathroom
Adorable, well maintained semi-detached bungalow situated in Hamilton's Landsdale neighbourhood. There is 935 sq ft of main floor living - perfect for first time home buyers, down sizers or someone looking for one floor living. The look is deceiving, this home boasts 3 bedrooms, living room, kitchen and main floor laundry room. Step outside to a large deck, perfect for entertaining, and a small manageable grass area to enjoy. Updates include roof (2023) and new fencing, owned Tankless Water Heater - Close to transit, parks, shopping, Hospitals, and quick and easy mountain access. (id:51158)
Homes for sale in Hamilton

Homes For Sale in the GTA, Price under $500,000: Your Ultimate Guide

Searching for an affordable home in the Greater Toronto Area (GTA) can be quite a challenge. With soaring real estate prices, it’s crucial to find options that fit your budget. In this detailed guide, we will take you through the process of finding Homes For Sale in the GTA, Price under $500,000. Whether you’re a first-time buyer, an investor, or simply looking for a new place to call home, this article is your go-to resource.

Let’s dive into the GTA’s real estate market and explore the opportunities that await.

Exploring the GTA

The GTA, short for the Greater Toronto Area, encompasses not only Toronto but also several surrounding cities and regions, making it one of the most populous and diverse metropolitan areas in Canada. It’s known for its vibrant culture, strong job market, and excellent quality of life.

Why Choose the GTA?

  • Vibrant Job Market: The GTA is home to numerous industries, including finance, technology, healthcare, and more, offering a plethora of job opportunities.
  • Diverse Communities: You’ll find a wide range of neighborhoods, each with its unique character and amenities.
  • Excellent Education: The GTA boasts top-notch educational institutions, making it an ideal place for families.
  • Cultural Hub: From museums to theaters, there’s always something exciting happening in the GTA.
buying or selling a home in the GTA - Call Tony Sousa Real Estate Agent

Finding Affordable Homes

Setting Your Budget

Before you start your search for Homes For Sale in the GTA, it’s essential to determine your budget. A budget under $500,000 is considered affordable in this region.

Exploring Neighborhoods

Mississauga: A Suburban Oasis

Mississauga, a vibrant suburban city, offers affordable housing options while being in close proximity to Toronto. With its excellent transit system and beautiful parks, it’s a favorite among families.

Brampton: Affordable and Growing

Brampton is known for its affordability and a wide range of housing choices. It’s a city that’s continuously growing, making it a great place to invest in real estate.

Durham Region: Room to Breathe

The Durham Region, including cities like Oshawa and Whitby, offers spacious homes at affordable prices. It’s an excellent choice for those seeking a more suburban lifestyle.

Working with a Realtor

Enlisting the help of a knowledgeable real estate agent can significantly simplify your home search. They have access to listings that might not be publicly available and can negotiate on your behalf.

Financing Your Home

Mortgage Options

Fixed-Rate Mortgage

This mortgage type offers stability as your interest rate remains the same throughout the loan term, making budgeting more predictable.

Variable-Rate Mortgage

With a variable-rate mortgage, your interest rate fluctuates with market conditions, potentially resulting in lower payments during low-rate periods.

Down Payment Assistance

In Canada, there are various programs and incentives to assist first-time homebuyers in making their down payments more manageable. Be sure to explore these options.

FAQs

Q: What are the current real estate market conditions in the GTA for homes under $500,000? A: The GTA’s real estate market for affordable homes is competitive. It’s advisable to act quickly when you find a property that fits your criteria.

Q: Are there any additional costs to consider when buying a home in the GTA? A: Yes, in addition to the purchase price, you should budget for closing costs, property taxes, and home insurance.

Q: Can I negotiate the price of a home in the GTA? A: Yes, negotiation is common in real estate transactions. Your realtor can help you navigate this process.

Q: What amenities can I expect in affordable GTA homes? A: Amenities vary by property, but you can often find homes with features like modern kitchens, outdoor spaces, and proximity to parks and schools.

Q: How do I assess the resale value of a home in the GTA? A: Consider factors like location, neighborhood trends, and the condition of the property when assessing its resale potential.

Q: Are there any government incentives for first-time homebuyers in the GTA? A: Yes, the Government of Canada offers programs to support first-time homebuyers, including the First-Time Home Buyer Incentive.

Conclusion

Navigating the GTA’s real estate market, especially for homes under $500,000, requires careful planning and expert guidance. By setting your budget, exploring diverse neighborhoods, and working with a realtor, you can make the process smoother and more successful.

Remember, the GTA offers an array of opportunities for those looking for affordable homes, whether you’re a first-time buyer, investor, or simply searching for a cozy place to live.

Now, armed with knowledge about Homes For Sale in the GTA, Price under $500,000, you’re ready to embark on your real estate journey in this exciting region. Happy house hunting!

buying or selling a home in the GTA - Call Tony Sousa Real Estate Agent

Process of Buying a Home

For many, the dream of home ownership starts with buying a condo in Toronto. The city offers a wide variety of properties to choose from, and for first time buyers, there are plenty of options available that won’t break the bank.

Of course, buying your first home is a major decision, and there are a few things you need to keep in mind when making your purchase. Here are a few tips for first time home buyers in Toronto:

1. Make sure you budget realistically. When buying a condo, it’s important to remember that you’ll also have to factor in monthly costs like property taxes and maintenance fees. Don’t forget to include these expenses in your calculations when deciding how much you can afford.

2. Research the market carefully. It’s important to know what’s available and how much different properties are selling for before making an offer on anything.

Toronto is a great city to buy your first home. The condo market is hot right now and there are a lot of choices for first time buyers. It can be overwhelming to figure out where to start, so here are some tips to help you get started.

The first step is to figure out how much you can afford. Your mortgage broker can help you with this, but make sure you have a good idea of your monthly expenses and how much money you have saved up for a down payment.

Next, decide what type of condo you want. Do you want a downtown Toronto condo or one in the suburbs? Do you want a studio or one-bedroom? Make a list of what’s important to you and start browsing condos online or in person.

Finally, don’t be afraid to ask for help when looking for a house for sale, your local Real Estate Agent, that’s me..  Tony Sousa has access to all the MLS Real Estate Listings. Is it the right time to buy real estate? or will the toronto real estate market come down as interest rates go up?

When is the right time to buy Toronto Real Estate

In reality, there is no single right answer when it comes to buying Toronto real estate. It all depends on your personal circumstances and what you are hoping to achieve. If you are looking for a long-term investment, then it may be wise to buy sooner rather than later.

MLS Listing, Homes for Sale

MLS Real Estate Listings

Toronto and Mississauga are two of the most popular locations in Canada for first time home buyers. The MLS real estate listings in these cities offer a wide variety of housing options to choose from, from condos and townhouses to detached homes.

The Toronto real estate market is booming, with the average price for a detached home reaching over $1.8 million. However, there are still many affordable options available in the city’s suburbs, such as Mississauga. In Mississauga, the average price for a detached home is around $1,000,000, making it an attractive option for those looking to get into the housing market.

There are also many great neighbourhoods to choose from in both Toronto and Mississauga. In Toronto, popular areas include Leslieville, Riverdale and The Junction. While in Mississauga, locals favour areas like Streetsville, Port Credit and Clarkson.