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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 $495,000
House For Sale in toronto, 801 - 60 COLBORNE STREET

801 - 60 Colborne Street

Toronto, Ontario

1 Bathroom
446 Square Feet Interior and 113 Square Feet Large Balcony = Total of 559 Square Feet! Located in the heart of the city, steps from St. Lawrence Market, the financial core, Union Station, King TTC streetcar, waterfront, parks, and Toronto Metropolitan University. This bright unit features floor-to-ceiling windows, 9 ft. ceilings, and a 24-hour concierge. **** EXTRAS **** All appliances, all window coverings, kitchen track lighting (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in burlington, 4449 Milburough Line|Unit #9 Cedar

4449 Milburough Line, Unit #9 Cedar

Burlington, Ontario

2 Bedroom 1 Bathroom 869 sqft
Discover the perfect synergy between modern living and natural beauty in this 2-bedroom, 1-bathroom modular home. The home features two comfortable bedrooms, each offering a peaceful haven to rest and recharge. Large windows frame breathtaking views of the encompassing forest. The kitchen features modern appliances and ample storage, making meal preparation a breeze. The bathroom is elegantly appointed and offers a tranquil retreat for self-care. Picturesque forest backdrop, front covered porch, rear deck, interlock patio, and contemporary design, this home invites you to experience a lifestyle where the boundaries between indoor and outdoor living blur, allowing you to truly unwind and reconnect with the serenity of the natural world. (id:51158)
Homes for sale in Burlington
For sale $499,990
House For Sale in hamilton, 121 #8 Highway|Unit #106

121 #8 Highway, Unit #106

Hamilton, Ontario

2 Bedroom 1 Bathroom 740 sqft
Welcome to Casa Di Torre, a beautiful, new upscale condo in the heart of Stoney Creek! Located steps away from amenities including groceries, coffee shops, pharmacy, HWY access & public transit at your doorstep! Perfect for a first-time buyer or anyone looking to downsize. This 1 bedroom + den, main floor unit offers 740 square ft & an additional 100 square ft private terrace! The spacious corner unit boasts lots of natural light, neutral décor and smooth 10 ft ceilings. The modern open concept kitchen features sleek quartz counters, a beautiful herringbone backsplash, large island & comes complete with stainless steel appliances. The primary bedroom offers lots of closet space, and the additional den area is perfect for home office! The 4pc bathroom showcases ceramic tiles and a trendy vanity. Convenient in-suite laundry with stackable washer and dryer completes the unit. Ground level Parking and large Storage locker are included. The exclusive on-site amenities with an inviting lounge off the lobby are great for socializing. Or Host gatherings in the state-of-the-art Party Room, fully equipped with full kitchen. Make use of the gym area and work out studio with TRX and Spin bike or unwind with some yoga. Lastly, you have to head Up to the roof top terrace and enjoy the picturesque views of the Niagara Escarpment and Lake Ontario. Book your private showing now! Please note that Photos and Staging was done prior to tenant moving in. (id:51158)
Homes for sale in Hamilton
For sale $369,900
House For Sale in hamilton, 15 ALBRIGHT Road|Unit #602

15 Albright Road, Unit #602

Hamilton, Ontario

3 Bedroom 1 Bathroom 921 sqft
Welcome to the condos at Sir Wilfred Laurier Estates! This large 3 Bedroom condo in East Hamilton is perfect for a young family, people looking to down size or investors. This apartment has a lovely open concept kitchenwith updated granite counter tops. The nearby neighborhood includes great schools, a coming soon recreation center, close to the Red Hill Parkway and transit! All new floors in 2020 and an updated AC pump for extra wow factor. This unit also includes 1 parking space and one storage locker. Book your appointment today! (id:51158)
Homes for sale in Hamilton
For sale $375,000
House For Sale in hamilton, 603 - 15 QUEEN STREET S

603 - 15 Queen Street S

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to unit 603 at 15 Queen St S, an exquisite studio apartment that serves as the perfect urban retreat for young professionals. Spanning 401 sqft, this sun-filled unit boasts a contemporary open-plan living space, accentuated by 9' ceilings and stunning, expansive windows. The natural light amplifies the sophistication of the elegant stone countertops & stainless steel appliances within the modern kitchen. The kitchen seamlessly opens into the cozy living area and flows out onto a charming balcony, offering breathtaking city views. The bedroom, spacious enough for a queen-sized bed, also features a generous closet. This property is tailored to the dynamic lifestyle of its residents with conveniences like in-suite laundry and an included locker for additional storage. The Platinum Condos enhance your living experience with premier amenities, including a gym, yoga deck, party room & a rooftop terrace that boasts panoramic views of the Escarpment & the downtown skyline. **** EXTRAS **** Situated minutes from Hwy 403, the upcoming Queen Street LRT, McMaster University, hospitals, Mohawk College & the GO Transit system, connectivity is never a concern. This studio apartment is your gateway to a sophisticated urban lifestyle. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 420 - 118 KING STREET E

420 - 118 King Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Experience condo living at its finest in the Historic Royal Connaught, located in the heart of Hamilton with amazing restaurants, entertainment and shops nearby! This upgraded 1-bed, 1-bath Executive Suite features 9' ceilings, a spacious master with a large closet, a kitchen with stainless steel appliances and granite counters, plus in-suite laundry. Enjoy 24-hour security and building amenities, including exercise room, lounge/games room with chef's kitchen, theatre, inner courtyard, and terrace with BBQs. Don't miss out on this fantastic opportunity! (id:51158)
Homes for sale in Hamilton
For sale $460,000
House For Sale in toronto, 720 - 36 LISGAR STREET

720 - 36 Lisgar Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Attention First Time Buyers & Investors! Affordable 1 Bedroom Condo In Heart Of Trendy Queen West W/Parking! Why Rent When You Can Own?! Steps To Transit, Liberty Village, Shops & Dining! S/S Appliances, New Dishwasher Installed, Granite, Laminate Flooring Thru-Out, Large Closet, 4-Piece Bath W/ Soaker Tub, Floor To Ceiling Windows, Walk-Out Balcony To Enjoy Beautiful Sunsets. Amazing Amenities Inc: Gym, 24HrsConcierge, Party Room W/Rooftop. Heat Pump Is Owned! (id:51158)
Homes for sale in Toronto
For sale $375,000
House For Sale in hamilton, 15 Queen Street S|Unit #603

15 Queen Street S, Unit #603

Hamilton, Ontario

1 Bedroom 1 Bathroom 401 sqft
Welcome to unit 603 at 15 Queen St S, an exquisite studio apartment that serves as the perfect urban retreat for young professionals. Located in the vibrant heart of Downtown Hamilton & enveloped in the luxury of a modern building, this home is a sanctuary amidst the city bustle. Spanning 401 sqft, this sun-filled unit boasts a contemporary open-plan living space, accentuated by 9' high ceilings and stunning, expansive windows. The natural light amplifies the sophistication of the elegant stone countertops & stainless steel appliances within the modern kitchen. The kitchen seamlessly opens into the cozy living area and flows out onto a charming balcony, offering breathtaking city views. The bedroom, spacious enough for a queen-sized bed, also features a generous closet. This property is tailored to the dynamic lifestyle of its residents with conveniences like in-suite laundry and an included locker for additional storage. The Platinum Condos enhance your living experience with premier amenities, including a gym, yoga deck, party room & a rooftop terrace that boasts panoramic views of the Escarpment & the downtown skyline. Situated minutes from Hwy 403, the upcoming Queen Street LRT stop, McMaster University, Mohawk College, hospitals, and the GO Transit system, connectivity is never a concern. Embrace the local culture with craft breweries, restaurants, cafes, and art crawl. Whether for work or play, this studio apartment is your gateway to a sophisticated urban lifestyle. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 118 King Street E|Unit #420

118 King Street E, Unit #420

Hamilton, Ontario

1 Bedroom 1 Bathroom 669 sqft
Experience condo living at its finest in the Historic Royal Connaught, located in the heart of Hamilton with amazing restaurants, entertainment and shops nearby! This upgraded 1-bed, 1-bath Executive Suite features 9' ceilings, a spacious master with a large closet, a kitchen with stainless steel appliances and granite counters, plus in-suite laundry. Enjoy 24-hour security and building amenities, including exercise room, lounge/games room with chef's kitchen, theatre, inner courtyard, and terrace with BBQs. Don't miss out on this fantastic opportunity! (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in hamilton, 702 - 36 JAMES STREET S

702 - 36 James Street S

Hamilton, Ontario

2 Bedroom 1 Bathroom
Welcome to the beautiful Pigott Building, where modern updates and history meet. You will love this bright, airy, renovated, open concept end unit with 2 bedrooms, endless windows providing spectacular views and so much light. The spacious main living area with a sleek white kitchen has a wall of cabinets making for plenty of storage space and perfect for entertaining. The good sized primary bedroom has a large walk in closet with built-in organizers for your convenience. The 2nd bedroom would work as an office as well. A 4 piece bathroom and in-suite laundry complete this lovely home. Includes 1 underground parking space. Located within walking distance to the Art Gallery (AGH), Hamilton Farmers' Market, great restaurants, cafes, trendy shops and the Go station. This stunning building has been updated while preserving the original architecture. (id:51158)
Homes for sale in Hamilton
For sale $459,900
House For Sale in mississauga, 2705 - 3883 QUARTZ ROAD

2705 - 3883 Quartz Road

Mississauga, Ontario

1 Bathroom
Stunning Premium Size Studio Condo (405 Sqft,+ Balcony 112 Sqft=517 sqft) In M2 Building By Multi Award Winning Builder In The Heart Of Mississauga!!. Amazing Condo In The City Centre Close To Square One, City Hall, Civic Centre, Library, Schools, Transit, Cinemas, Banks All Major Hwys 403, 401, 410, 407 & All Other Amenities. **** EXTRAS **** This Is An Assignment Sale ** Building is in Occupancy* Showings Are Available. This Is A High-Tech Modern Building With 5-Stars Facilities!! (id:51158)
Homes for sale in Mississauga
For sale $499,000
House For Sale in mississauga, 404 - 25 TRAILWOOD DRIVE

404 - 25 Trailwood Drive

Mississauga, Ontario

2 Bedroom 2 Bathroom
Excellent Location! 2 Br & 2 Bath Approx. 1000 Sqft Of Living Space. Hardwood Fl Thru-Out. OpenKitchen With S/S Appliances, New Bacsplash, Large Living & Dining Areas W/Natural Light. Master BrW/4Pc Ensuite, Mirrored Closet, another 3Pc Bath & Ensuite Laundry. Big Storage room w/Living. Freshly painted and Renovated. ALL INCLUDED in Maintenance FEE. MUST SEE. Walking Distance To St.Xavier Secondary School, Mall & Library. Close To 403/401/Qew, SQRl, Arts Crt. Best Amenities: Incl.Pool & Hot Tub, Gym, Library, Games Rm, Party Rm, Kids Play Grnd, 24 Hrs Security, U/Gr & VisitorParking **** EXTRAS **** S/S Fridge, S/S Stove, Dishwasher, Washer, Dryer, All Window Coverings. All Light Fixture. This Unit Has Everything You're Looking For. Must See! (id:51158)
Homes for sale in Mississauga
For sale $458,800
House For Sale in toronto, 905 - 80 GRANDRAVINE DRIVE

905 - 80 Grandravine Drive

Toronto, Ontario

1 Bedroom 1 Bathroom
Luxurious modern condo in a quiet, well-maintained building offers nearly 700 sq. ft. of beauty. Features include an open concept layout, separate balcony, quartz countertops, pot lights, modern bathroom with custom touches, and a custom built-in closet in the master bedroom. Conveniently located with easy access to shopping, Walmart, York University, TTC, and community centre. Ideal for first-time homebuyers or investors. Additionally, it comes with the added benefit of an AAA tenant willing to stay. Ensuite laundry, large open balcony, and underground parking available. Close to major highways and public transportation. A truly turnkey opportunity with upscale finishes and a prime location near amenities and transit options. **** EXTRAS **** S/s fridge, oven, b/i microwave, 2in1 water/dryer unit, tv mount holder, b/i closet in master bd, all electrical light fixtures, high eff. A/c unit, all mirrors, all window coverings. Parking.Locker. (id:51158)
Homes for sale in Toronto
For sale $429,000
House For Sale in toronto, 704 - 575 AVENUE ROAD

704 - 575 Avenue Road

Toronto, Ontario

1 Bedroom 1 Bathroom
Heathaven Co-op is located in the heart of Deer Park one of Toronto's most desirable neighbourhoods. Great interior space, 771 sf, plus 144 sf on the balcony. Price per sf is great value for this location! Easy Walk to shops and restaurants either at Forest Hill Village, or at Yonge & St Clair. Walk or bike on the Belt Line Trail. Rooftop Terrace with BBQ. Outdoor Visitor parking. TTC at your door. Maintenance fees includes taxes, heat, water, common elements, building insurance, Rogers cable TV & Internet. Hydro is extra. Building has main floor laundry room. **** EXTRAS **** Fridge, Stove, Dishwasher, Wall Air Conditioning Unit, Blinds, Light Fixture (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in hamilton, 36 JAMES Street S|Unit #702

36 James Street S, Unit #702

Hamilton, Ontario

2 Bedroom 1 Bathroom 1013 sqft
Welcome to the beautiful Pigott Building, where modern updates and history meet. You will love this bright, airy, renovated, open concept end unit with 2 bedrooms, endless windows providing spectacular views and so much light. The spacious main living area with a sleek white kitchen has a wall of cabinets making for plenty of storage space and perfect for entertaining. The good sized primary bedroom has a large walk in closet with built-in organizers for your convenience. The 2nd bedroom would work as an office as well. A 4 piece bathroom and in-suite laundry complete this lovely home. Includes 1 underground parking space. Located within walking distance to the Art Gallery (AGH), Hamilton Farmers' Market, great restaurants, cafes, trendy shops and the Go station. This stunning building has been updated while preserving the original architecture. Don't miss out on this one! (id:51158)
Homes for sale in Hamilton
For sale $459,900
House For Sale in hamilton, 606 - 121 KING STREET E

606 - 121 King Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Gore Parks Lofts in the midst of all the action is the location you've been waiting for. This top-floor unit in a boutique building offers unbeatable walkability to Hamilton's finest dining options, Gore Park, transit and more. Duralox anti-scratch luxury vinyl plank flooring, porcelain tiles, on-trend colour palette, quartz counters, ample storage, stackable W/D are among the features for a turnkey lifestyle. This 1 bedroom suite is the largest of the 1 bedrooms, with additional kitchen storage pull-out pantry. The suite is flooded with natural light with floor to ceiling windows and a juliette balcony. (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in burlington, 9 CEDAR - 4449 MILBUROUGH LINE

9 Cedar - 4449 Milburough Line

Burlington, Ontario

2 Bedroom 1 Bathroom
Discover the perfect synergy between modern living and natural beauty in this 2-bedroom, 1-bathroom modular home. The home features two comfortable bedrooms, each offering a peaceful haven to rest and recharge. Large windows frame breathtaking views of the encompassing forest. The kitchen features modern appliances and ample storage, making meal preparation a breeze. The bathroom is elegantly appointed and offers a tranquil retreat for self-care. Picturesque forest backdrop, front covered porch, rear deck, interlock patio, and contemporary design, this home invites you to experience a lifestyle where the boundaries between indoor and outdoor living blur, allowing you to truly unwind and reconnect with the serenity of the natural world. (id:51158)
Homes for sale in Burlington
For sale $479,900
House For Sale in toronto, 707 - 3390 WESTON ROAD

707 - 3390 Weston Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Charming 2-bedroom affordable condominium with great potential. Completely renovated, Newly painted, Brand new flooring, Brand new washroom and new appliances and light fixtures. Features include a cozy living space, functional kitchen, and two bedrooms, One washroom and open Balcony with a clear view, offering ample natural light. Ideal for those seeking a budget-friendly opportunity to personalize and elevate their living space. (id:51158)
Homes for sale in Toronto
For sale $459,900
House For Sale in hamilton, 121 KING Street E Unit# 606

121 King Street E Unit# 606

Hamilton, Ontario

1 Bedroom 1 Bathroom 614
Gore Parks Lofts in the midst of all the action is the location you've been waiting for. This top-floor unit in a boutique building offers unbeatable walkability to Hamilton's finest dining options, Gore Park, transit and more. Duralox anti-scratch luxury vinyl plank flooring, porcelain tiles, on-trend colour palette, quartz counters, ample storage, stackable W/D are among the features for a turnkey lifestyle. This 1 bedroom suite is the largest of the 1 bedrooms, with additional kitchen storage pull-out pantry. The suite is flooded with natural light with floor to ceiling windows and a juliette balcony. (id:51158)
Homes for sale in Hamilton
For sale $379,000
House For Sale in hamilton, 605 - 1964 MAIN STREET W

605 - 1964 Main Street W

Hamilton, Ontario

2 Bedroom 1 Bathroom
Welcome to this two bedroom unit in the sought after Forest Glen complex in Hamilton West.Minutes to Ancaster, trendy Dundas, close to Mcmaster University and Hospital, trails, waterfalls, HWY 403, shopping, public transit out front; all this and set back from the road in a peaceful enclave. This unit boasts incredible views of nature, and on the back side of the building is a park like setting for the residents to enjoy a peaceful walk, or take a dip in the large indoor pool next to the sauna. Features include, bamboo floors in the living room dining room, an open balcony, a large primary bedroom with a walk in closet, a pantry/storage room inside the unit, in addition to a locker in the common storage area, as well as one underground parking spot. (id:51158)
Homes for sale in Hamilton
For sale $498,900
House For Sale in hamilton, 302 - 36 JAMES STREET S

302 - 36 James Street S

Hamilton, Ontario

2 Bedroom 2 Bathroom
Welcome to the Pigott building located in prime Hamilton downtown location. Beautiful building with stunning open concept living awaits you at 36 James St. South. Carpet free unit (1344 square feet) offers three bedrooms, ensuite and a four piece bath. French doors. Spacious kitchen will delight with breakfast seating, lots of counter space, plenty of cupboards. Large windows offering plenty of light, high ceilings. Washer and dryer in suite. Party room, and Gym. Walk to restaurants, shopping, steps to HSR, Go-Transit hubs, library, farmers market, parks, McMaster university, and hospitals. (id:51158)
Homes for sale in Hamilton
For sale $429,900
House For Sale in toronto, 603 - 940 CALEDONIA ROAD S

603 - 940 Caledonia Road S

Toronto, Ontario

2 Bedroom 1 Bathroom
2BDRM CONDO, LOW CONDO FEES, AND TAXES, STEPS TO EVERYTHING, TTC AT DOOR STEPS, GREAT FOR FAMILY W/KIDS (id:51158)
Homes for sale in Toronto
For sale $499,990
House For Sale in toronto, 1208 - 301 PRUDENTIAL DRIVE N

1208 - 301 Prudential Drive N

Toronto, Ontario

3 Bedroom 2 Bathroom
This Fantastic 3 Bedroom, 2 Bath Condo Is Airy & Large. Located Near All Amenities. Walking Distance To All Shops & Subway. Easy Access To The 401, 404 & Dvp. This Unit Features 2 Large Balconies & L-Shaped Living & Dining Room. Very Safe Community You Don't Want To Miss The Great Oppurtunity. **** EXTRAS **** 1 Parking Spot & 1 Locker (id:51158)
Homes for sale in Toronto
For sale $389,000
House For Sale in toronto, 108 - 800 KENNEDY ROAD

108 - 800 Kennedy Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Location, Location, Location! This extremely well-maintained and managed gem of a co-operative building has been fully renovated and is situated on a mature landscaped corner lot centrally located within the heart of this diverse area. Conveniently located, this 2 bedroom sun filled suite is situated on the ground floor with a south facing roomy walkout balcony that offers added privacy and the perfect spot to start the day with your morning coffee or wind down at the end of the evening with a glass of wine. Close proximity to many different amenities as well as the main arteries of the Hwy 401 and Don Valley Parkway. You'll love the great schools, parks, and recreational facilities in Ionview, as well as its well-connected public transit including kennedy subway,go station and eglinton rt. **** EXTRAS **** Unit includes locker.Maintenance fees include almost all available amenities plus taxes,cable tv & internet.Note:parking available at additional $25/mth.Buyer to provide police report+credit report to board for final approval on acceptance. (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.