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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 $398,000
House For Sale in hamilton, 304 - 1 JARVIS STREET

304 - 1 Jarvis Street

Hamilton, Ontario

1 Bedroom 1 Bathroom
Absolute Gem!! This contemporary 1-bedroom condo boasts an open concept layout and a stylish three-piece bath. The kitchen is outfitted with stainless steel appliances. Step out onto your huge private 220-square-foot terrace, great for entertaining family & friends!! 1 Jarvis exemplifies Hamilton's evolving landscape. This brand new 15-storey condominium blends the city's historic charm with a forward-looking urban aesthetic, featuring details that nods to its past and a sleek, modern design that looks to the future. Conveniently located with easy access to Hwy 403, QEW, Red Hill Valley Parkways, West Harbor, and Hamilton GO, plus just a short walk to the HSR bus stop. Seeing is believing!! Wow!!! **** EXTRAS **** Building amenities include yoga, fitness center, lounge, and ground-level retail space. Situated a short distance to McMaster University, Mohawk College, St. Joseph's Hospital, public transit, shopping, restaurants, schools, and much more. (id:51158)
Homes for sale in Hamilton
For sale $379,946
House For Sale in hamilton, 103 - 851 QUEENSTON ROAD

103 - 851 Queenston Road

Hamilton, Ontario

2 Bedroom 2 Bathroom
Great Location, Ground Floor Condo, 2 Bed, 2 Bath Unit, Located in the Riverdale West Area. This Unit has an Open Balcony with Easy Access to Parking and Transit. No need to take elevators. Parking on main level as well. Close to QEW, 5 Min Drive, Shopping Mall across the street (Eastgate Square), Restaurants, Schools, Parks and Many Trails. Bus Stop Directly in Front of Building. Why Rent When you can Buy this Great Unit. (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in oakville, 204 - 1450 BISHOPS GATE

204 - 1450 Bishops Gate

Oakville, Ontario

1 Bedroom 1 Bathroom
Abbey Oaks Condo In Sought After Glen Abbey. Freshly painted large one bedroom unit, bright and spacious. Open Concept Living. Ecobee Thermostat. New toilet. Walking Distance To top ranking Abbey Park High School, Pilgrim Wood Public School, Community Centre, Plazas, And Trails. On-Site Clubhouse With Gym, Sauna & Party Facilities. Close to QEW, Bronte Go train station. **** EXTRAS **** Fridge, Stove, Range Hood, Dishwasher, Washer/Dryer, All Elf's, All Existing Window Coverings. (id:51158)
Homes for sale in Oakville
For sale $399,000
House For Sale in toronto, 853 - 151 DAN LECKIE WAY

853 - 151 Dan Leckie Way

Toronto, Ontario

1 Bathroom
Welcome to this fantastic find - a bright, south-facing unit that's truly a gem! Picture this: wide-open-concept living, with plenty of room to make your own. This bachelor pad is a rare offering, boasting a layout that maximizes every inch of space. And let's talk about those views - unobstructed vistas of Canoe Landing Park that are here to stay, no looming buildings to spoil the scenery! Inside, you'll find a kitchen that's more than just functional - it's designed for convenience, with an extended pantry to store all your culinary delights with high end Miele appliances. You're within easy reach of entertainment, restaurants, and transit, making it a breeze to explore the vibrant neighborhood. This bachelor is the roomiest you'll find around here, giving you the freedom to create your own cozy haven. But that's not all. With the library and Sobey's just steps away, convenience is at your fingertips. And when you're ready to unwind or get active, Club Parade awaits, offering a host of amenities to suit your every mood. Make yourself at home in this inviting space - it's ready and waiting to welcome you! (id:51158)
Homes for sale in Toronto
For sale $495,000
House For Sale in toronto, 1206 - 725 DON MILLS ROAD

1206 - 725 Don Mills Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Great Location! Spacious & Bright Corner Unit! 2 Bedroom & 1 Bedroom, Newer Kitchen Cabinet, Granite Counter Trop, Unit Comes W/1 Parking,1 Locker. All Utilities Are Inclusive In The Maintenance Fees. The Complex Has All Indoor Pool, Gym, Well Maintain Garden, Closer To TorontoDowntown, TTC At Doorstep, Hwy 404, New Community Of Crosstown & Ontario Subway Line. Mins To Park, Science Centre, Close To Schools,Shopping, Parks, Library, Access To Major Highways. Good Fit For First Time Buyer. **** EXTRAS **** Existing Fridge, Stove, Dishwasher (As Is), All Elfs, Window Coverings. Laundry can be installed. (id:51158)
Homes for sale in Toronto
For sale $399,999
House For Sale in toronto, 702 - 159 DUNDAS STREET E

702 - 159 Dundas Street E

Toronto, Ontario

1 Bathroom
Welcome to this Bright & Spacious Bachelor Suite with a Big Open Private Balcony, One of the biggest bachelor suite, among Toronto condos, bigger then most one bedroom suite in Toronto downtown. It is converted to 1 bedroom suite using Japanese style divider, a Big Pantry or Huge Secondary closet, a Very well defined Kitchen, a Spacious living room, Floor-To-Ceiling Windows that bring in tons of natural light during the day. Luxury Finishes Including, Brand New Laminate Flooring, High Tech Multicoloured Pot Lights, Roller blinds and Is Freshly Painted. Steps to Yonge and Dundas Square, TMU University (Ryerson), Dundas Subway, Financial District, Eaton Center and 24 Hr Streetcar At Doorsteps. Resort Style Amenities With 24 Hour Concierge, Party Room, BBQ on Roof Garden, Sauna, Outdoor Pool, Full Purpose Gym, Yoga Room, Party Room, Reading Room & Ample Outdoor Common Space On The 8th Floor. This Is Downtown Living At Its Best and So Much More. **** EXTRAS **** * Short Walk to Dundas Square, Subway, TO PATH Network, Eaton Center, TMU (Ryerson University), Street car across building lobby, Tons of Restaurants, Shopping, Entertainment and Lot more. (id:51158)
Homes for sale in Toronto
For sale $476,000
House For Sale in hamilton, 156 Garside Avenue N

156 Garside Avenue N

Hamilton, Ontario

2 Bedroom 1 Bathroom 1118 sqft
Absolutely Charming Home Well Located In Homeside! You'll love coming home to this piece of paradise. Gleaming Hardwood Floors, Large Windows, Beautiful Original Woodwork on Doors, Stairway. The modern farmhouse kitchen, with its' deep and wide farmhouse sink, granite counters, live-edge open-shelving and farmhouse lighting are bound to please. Other updates include bathroom, flooring, windows, front porch decking '24, shingles, '22, furnace and ductwork '20. After a long day relax on the front porch or enjoy the quiet in the deep back yard which offers lots of space to play, barbecue and entertain. The family room on main floor was once a bedroom and could be reverted back. The possibility of parking exists off the alleyway at the far end of the back yard. Handy mud room off the kitchen. Such a great location! Just 250 m to Andy Warburton Park and a fifteen minute walk to Center Mall where all your shopping can be done. Walk to Ottawa Street for more shopping and dining. Be sure to see this lovely home. (id:51158)
Homes for sale in Hamilton
For sale $399,750
House For Sale in hamilton, 235 BALMORAL AVENUE N

235 Balmoral Avenue N

Hamilton, Ontario

3 Bedroom 2 Bathroom
Are you the Handy type Person, looking for a deal, here is one that has great bones. The house was built in 1920 as cities flourished. It would be classed as an average sized home being 1081 sq ft on 2 floorswith a full stand up basement separate sq ft, with rear walkup and out to yard and rear garage. The bonus is there is a garage. The exterior of the house is finished with 'Roughcast', which is mixed with, lime, cement, sand and small pieces of gravel. Great weather resistant protection and is very durabile, will last decades. It has 3 bedrooms, 2 bathrooms, the 2nd floor bath was converted from tub to a large walk-in shower stall. Basement 2 piece has not been used in years. The house has very comfortable living space, but is dire need of some handy people or some pros, to reno it as this property has great potential. The roof did leak and created internal damage in the rear bedroom ceiling and rear wall to kitchen. **** EXTRAS **** Estate Sale; Appliances Operational and Included, Seller not responsioble to remove, and are in an as is condition. With no express or implied warranty. (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in hamilton, 185 SIMCOE STREET E

185 Simcoe Street E

Hamilton, Ontario

3 Bedroom 1 Bathroom
CALLING ALL FIRST TIME BUYERS. THIS SEMI-DETACHED BUNGALOW HAS 3 BEDROOMS, UPDATED KITCHEN& BATHROOM, A VERY PRIVATE PATIO / YARD, AND IS LOADED WITH CHARM. LOCATED IN THE HEART OF THENORTH END, THIS AREA IS KNOWN FOR ITS FAMILY-FRIENDLY NEIGHBOURHOODS, COMMUNITY SPIRIT,CULTURAL VIBRANCY, AND CONVENIENT ACCESS TO SCHOOLS, SHOPS, RESTAURANTS, CAFES, AND FAMILYENTERTAINMENT OPTIONS ALONG THE WATERFRONT IT IS AN EASY WALK TO THE PIER 4 PARK & BAYFRONTPARK WHICH ARE IDEAL FOR FAMILY PICNICS, LEISURE ACTIVITIES AND ENJOYING LAKE VIEWS. FOR THECOMMUTER, THE WEST HARBOUR GO STATION IS CLOSE BY AND THE HOSPITAL IS JUST AROUND THECORNER. ALL OF THIS MAKING 185 SIMCOE ST E AN ATTRACTIVE OPTION FOR YOUNG FAMILIES TO PUTDOWN ROOTS AND MAKE MEMORIES. PLEASE NOTE THAT STREET PARKING IS AVAILABLE BY PERMIT AT ACOST OF APPROX. 100/YR (2023) (id:51158)
Homes for sale in Hamilton
For sale $489,000
House For Sale in hamilton, 2 - 1190 UPPER OTTAWA STREET

2 - 1190 Upper Ottawa Street

Hamilton, Ontario

3 Bedroom 1 Bathroom
Investors and First Time Home Buyers Welcome to 2-1190 Upper Ottawa. This 3 bedroom 1 bathroom townhouse condo is on the East Hamilton Mountain. A desirable location in a great neighbourhood. This condominium is well maintained and this unit has a lot of unlocked potential. The condo features open concept living/dining room combo and offers a great space with newer sliding backdoors out to the fully fenced in backyard, overlooking a beautiful quiet field. Kitchen is large and has newer cabinets that can be a great starting point. Enjoy inside entry with this pull through garage style, front and rear entry doors. Close to all amenities, parks, shopping, schools and highway access. (id:51158)
Homes for sale in Hamilton
For sale $449,000
House For Sale in hamilton, 1201 - 135 JAMES STREET S

1201 - 135 James Street S

Hamilton, Ontario

2 Bedroom 2 Bathroom
Nestled within the vibrant pulse of Hamilton's bustling Financial District, this charming condo offers an unparalleled fusion of convenience and comfort. Situated adjacent to the Go Station, commuting is effortless, while the thriving downtown and hospital are mere steps away, promising a lifestyle of utmost convenience. Step inside to discover two spacious bedrooms & two bathrooms. Included with this gem is one coveted parking spot and a convenient locker for storage (exclusive use & assigned by property management). Additionally, enjoy the peace of mind offered by a 24-hour concierge service, ensuring security and assistance around the clock. **** EXTRAS **** Roof top terrace, well equipped exercise room, outdoor bbq area (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in mississauga, 1811 - 339 RATHBURN ROAD W

1811 - 339 Rathburn Road W

Mississauga, Ontario

2 Bedroom 1 Bathroom
~ Click & Watch""~ 4k Premium Walk-Through~ Sitting on a high floor and offering an unobstructed view of the breathtaking westward sunset, this 1-bedroom plus den residence is nestled in one of Square One's most sought-after condominiums. Discover luxury living at its finest in the prestigious 339 Rathburn w. It combines elegance with safety. Renowned for its array of amenities and low maintenance fees, this residence is a gem not to be missed."" The area is known for its convenience, with easy access to public transportation, major highways. Construction for LRT is in progress and soon this place will also have access to light rail transit, which will make it even more attractive place to live for young professionals. **** EXTRAS **** Guest Suite, Bowling, Party Hall, Tennis Court, 24 Hour Concierge, Library, Fitness Center, Indoor Pool with Jacuzzi , Theater, Card Room, Billiard, Meet Room & Party Room , Patio, BBQ (id:51158)
Homes for sale in Mississauga
For sale $499,999
House For Sale in burlington, B106 - 3200 DAKOTA COMMON

B106 - 3200 Dakota Common

Burlington, Ontario

2 Bedroom 2 Bathroom
Gorgeous, Beautiful, Spacious 2 Bed & 2 Wash room Condo with 752 Sqft in Total (636 Sqft Interior &116 Sqft Terrance) 10 foot Ceiling. One Parking, One Storage Locker Included. This Beautiful Modern Unit Features an open concept Kitchen with Stainless Steel Appliances and Quartz Countertop. It Also Includes a smart home monitoring with a smart thermostat. Laminate Flooring throughout the unit provides Ample natural light, brightens the space. Enjoy a large east facing Terrace. Private Gate Access from Terrance to Unit. The Building offers 24Hrs Concierge Service, Security, BBQ Area, Gym, Sauna, Steam room, Party Room, outdoor Pool, Games Room, Outdoor Garden, Big Malls and Go Station. (id:51158)
Homes for sale in Burlington
For sale $429,000
House For Sale in toronto, 101 - 1195 THE QUEENSWAY

101 - 1195 The Queensway

Toronto, Ontario

1 Bedroom 1 Bathroom
Location! Location! Location! Welcome To The Tailor Condo On The Queensway. Great Opportunity For 1st Time Home Buyers To Own A Brand New 1 Bedroom Unit 1 Bathroom In the Prime Location In Etobicoke. Open Concept Layout W/O To The Terrace On Ground Floor With Full Of Natural Light. No Elevator Wait! Close To All Amenities With Short Distance Walk. Bus Stop 80 At Front Door. Near Costco, Ikea, Sherway Gardens Mall, Parks, Restaurants And Great Schools In The Area. Mandarin Buffet, Sobey Grocery and Mall Next Plaza. Easy Access To Gardiner Expressway, Hwy 427 To Downtown Toronto within 20 mins **** EXTRAS **** All Existing S/S Appliances (Stove, Microwave, Fridge, B/I Dishwasher), Elf's, Washer and Dryer. 1 Locker Included. Parking For Rent: $150/month (id:51158)
Homes for sale in Toronto
For sale $398,000
House For Sale in mississauga, 1906 - 55 ELM DRIVE W

1906 - 55 Elm Drive W

Mississauga, Ontario

1 Bedroom 1 Bathroom
Welcome to Tridel's Exquisite Towne Two. A Bright and Spacious Apartment With Large Wall to Wall Windows Boasting Exceptional Views of the Toronto Skyline. Featuring a Large Kitchen with Stainless Steel Appliances, Breakfast Bar, and Eat-In Dinette Area. Large Master Bedroom with Great Views and Wall to Wall Closet. Large 4 Pc Bathroom with Jacuzzi. Rare and Convenient Large Laundry / Storage Room. Top Notch Building with Exceptional Amenities/Facilities Including Pool, Terrace, Party Room, Library/Theatre, Gym, Sauna, Pool, Jacuzzi, Squash, Secluded Tennis, BBQ and Park Area. 24\\7 Gatehouse Security. Quiet and Serene Location Ensconced in Central Mississauga, Ideal and Highly Sought After Location. Walking Distance to Square One, The Future Hurontario LRT, World Class Restaurants, Many Parks & Trails, Mississauga Central Library & Celebration Square. Near Highway Access, Great Schools and Much More. (id:51158)
Homes for sale in Mississauga
For sale $499,900
House For Sale in toronto, 1312 - 10 DE BOERS DRIVE

1312 - 10 De Boers Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome Home! This Modern, Spacious, Bright And Clean 1 Br + Den Suite Has One Of The Best Layouts. Laminate Flooring Through Out. 9' Smooth Ceilings. Enjoy Stunning South City View From Your Large Open Balcony - Enjoy Cooking In Your Open Concept, Modern Kitchen With S/S Appliances. Tons Of Space For A Portable Island Or Dining Table. Wide Foyer Has Space For A Media Centre/Work Space. Large Bathroom With A Soaker Tub - Perfect To Come Home To After A Long Day. The Comfortable Bedroom is Designed With Ample Closet Space and Boast a Large Windows That Floods In Natural Light overlooking Balcony. Downsview TTC Subway Station Is Just A 2-Minutes Walk Away! Commuters Can Reach Downtown Toronto In 25 Minutes, Perfect For University Students, Professionals, And Those Who Enjoy Downtown Toronto's Entertainment. Hwy 401, Hwy 400, And Hwy 407 Are All Easily Accessible. Minutes Away By Foot, Car Or Bike Are Shopping Boutiques, Restaurants, And Parks. Building Amenities Include Roof Top Terrace, Party Room, Gym, 24 Hours Concierge, Pet Wash Area, Sundeck, Visitor Parking, Bike Storage, BBQ Permitted. The Maintenance Fee Includes Rogers High-Speed Internet. (id:51158)
Homes for sale in Toronto
For sale $455,000
House For Sale in toronto, 809 - 335 DRIFTWOOD AVENUE

809 - 335 Driftwood Avenue

Toronto, Ontario

2 Bedroom 1 Bathroom
Location! Location! Location! Attention first time Home buyers and Investors, Beautiful Two Bedroom Condo In The Heart Of North York. Open concept Living room and Dining. Sun filled Home . Large windows, living room & Huge Kitchen. Laminate floors throughout, Living room and bedrooms. Convenient to all amenities and major Highway 400, 407 and 401. TTC on doorstep. Close to York University, School, park, shopping centre, place of worship and offers underground parking. Very good Downtown Connectivity. Its pride of Ownership. A Must See!!!! (id:51158)
Homes for sale in Toronto
For sale $470,000
House For Sale in mississauga, 610 - 6720 GLEN ERIN DRIVE

610 - 6720 Glen Erin Drive

Mississauga, Ontario

1 Bedroom 1 Bathroom
This one bedroom condo has been beautifully upgraded, including newer pot lights, appliances, a full-size combo washer/dryer, and granite counters, all to enhance your daily living experience. In addition to upgrades, this unit has been freshly painted and professionally cleaned, ensuring a clean and inviting living space. Enjoy south-facing city views from the large bright windows and private balcony, providing a nice atmosphere and plenty of natural light. Laminate flooring runs throughout the condo, offering a sleek and low-maintenance option. The open kitchen design allows for a breakfast bar, creating a more spacious and well-lit environment. This unit comes with the added bonus of two owned parking spotsone underground and one surface. The building offers amenities like a pool, bike storage, gym, and common use room, providing opportunities for recreation, as well as entertaining friends and family. Situated in a favourable location, providing easy access to various amenities and services. With all the upgrades, clean and fresh interior, and included parking, this condo is ready for you to move in and start enjoying right away. (id:51158)
Homes for sale in Mississauga
For sale $475,000
House For Sale in toronto, 902 - 3380 EGLINTON AVENUE E

902 - 3380 Eglinton Avenue E

Toronto, Ontario

2 Bedroom 2 Bathroom
Location , location, location. Extremely desirable stunning bright and spacious, amazing open concept layout with 2 large bed rooms and 2 washrooms condo in the heart of Scarborough. Over sized balcony, ensuite laundry, locker, parking , low maintenance fee, plenty of visitor parking, steps to amenities: ttc, schools, shopping , community centers, Kennedy go station, Metro, Walmart, fitness club , places of worship and more. New laminate flooring, renovated washrooms and freshly painted and more. Great value for money. (id:51158)
Homes for sale in Toronto
For sale $429,900
House For Sale in toronto, 412 - 800 KENNEDY ROAD

412 - 800 Kennedy Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Look No Further! Picture Perfect Spacious 2 Bedroom Unit Located A Short Walk To Kennedy Subway Station & Go Train Station. Phenomenal Value For An Upgraded Unit Boasting Approximately 900 Sq Ft Of Living Space! This Is The Definition of Affordable Living In A Very Well-Managed & Renovated Building. Maintenance Fee Is All Inclusive (Property Taxes Are Also Included!). (id:51158)
Homes for sale in Toronto
For sale $499,999
House For Sale in toronto, 306 - 5131 SHEPPARD AVENUE E

306 - 5131 Sheppard Avenue E

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome To 5131 Sheppard Ave East - A Beautiful Newer Low Rise Condo Built By Daniels. Conveniently Located At The Intersection Of Markham Road & Sheppard Avenue East. This Naturally Light Filled, 1 Bedroom With A Den (Which Could Be Used As An Office Or Second Sleeping Area) Has An Oversized Bathroom, Gorgeous Kitchen With Stainless Steel Appliances, Ensuite Laundry And A Parking Spot Located Close To The Elevator. There Are Lots Of Visitor Parking Spots Here For Your Guests. Focus On Your Health In The Exercise Room & Yoga Room, Grow Your Own Veggies In The Community Garden, Or Entertain Your Guests In The Party Room & Outdoor Patio/Barbecue Area. Watch Your Kids Play In The Playground From Your Balcony. Situated Close To Public Transit, Hwy 401 & Scarborough Town Centre. Walking Distance To Ttc, Grocery Stores, Restaurants & Banks. Centennial College & Uoft Campus' Are Less Than 10 Minutes Away. You Will Be A Short Bus Ride Away From The Upcoming Sheppard Subway Station At McCowan & Sheppard. The Lower Maintenance Fees Make This A Great Opportunity For First Time Buyers, Downsizers, Newlyweds Or Investors. Don't Miss Out On This Opportunity! **** EXTRAS **** Stainless Steel Fridge, Stove, Dishwasher & Range Included. Stacked Full Size Washer/Dryer Included. All Window Coverings And Curtain Rods. All Electric Light Fixtures. Hot Water Tank Is A Rental. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 213 - 478 KING STREET W

213 - 478 King Street W

Toronto, Ontario

1 Bathroom
Bright and spacious studio apartment with full length balcony and ample ensuite storage at victory condos. This abode boasts floor-to-ceiling windows, window coverings with blackout blinds, 10ft ceiling. Stone kitchen counters with integrated and stainless steel appliances (fridge, stove, built-in dishwasher, microwave/range hood). Oversized laundry room. **** EXTRAS **** Enjoy all that king west has to offer with parks, restaurants, caf? S, transit and the financial district a short stroll from your front door. Extensive building amenities include a concierge, party room, gym and more. (id:51158)
Homes for sale in Toronto
For sale $499,990
House For Sale in toronto, 308 - 1000 SHEPPARD AVENUE W

308 - 1000 Sheppard Avenue W

Toronto, Ontario

2 Bedroom 2 Bathroom
LOCATION! LOCATION! Uncover the potential of this 2-bed, 2-bath condo in North York, steps from Sheppard West subway station. With a warm and inviting feel, this residence offers a versatile layout waiting for your personal touch. Enjoy the convenience of two bathrooms, and elevate your lifestyle with 2 parking spaces and 1 locker. Nestled in a prime location, this condo not only promises potential but also exudes a welcoming ambiance, making it the perfect urban retreat. Don't miss the chance to make this warm and promising condo your own! Sold as is. STEPS AWAY from Subway! Approx 20 minutes to Downtown! NEW Paint throughout! S/S appliances. Some photos have been virtually staged. **** EXTRAS **** 2 Parking spots, 1 Locker (id:51158)
Homes for sale in Toronto
For sale $399,900
House For Sale in toronto, 2909 - 20 RICHARDSON STREET

2909 - 20 Richardson Street

Toronto, Ontario

1 Bathroom
Experience waterfront living in the Daniels-built Lighthouse East Tower in the vibrant City of the Arts. This stunning ""Pelican Beach"" model boasts bright, modern rooms with an open-concept kitchen featuring quartz countertops and stainless steel appliances. From this unit, enjoy stunning views of the Toronto skyline, enhancing the urban living experience. Situated beside Sugar Beach and steps from Loblaws and transit, the condo offers unmatched accessibility. The building is rich with amenities, including basketball courts, gardening plots, and a fitness center. Perfect for anyone seeking luxury and style in a prime location. (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.