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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 $179,000
House For Sale in hamilton, 96 GEORGE STREET
Restaurant

96 George Street

Hamilton, Ontario

2583 sqft
This Hamilton hot spot is home to your next restaurant, bar, pub, diner venture in this 2500 sq ft layout with large front patio in the heart of the revitalized Hess Village. This restaurant has been iconic to Hamilton over the last 5 years and the area has witnessed many new successful additions. Now comes your opportunity to preserve that goodwill and open your concept or expand your existing brand. With a fully equipped kitchen including walk-in fridge, flat top, fryers, ovens, liquor license and more. **** EXTRAS **** * Net Rent = $6500 * TMI = $1833 * LLBO = 58 Seats In + 85 Seats Patio * New 5 + 5 Year Lease * 8 Foot Hood + 2 x Double Fryers + Flat Top + 2 Burner Stove + Oven + 2 Door Prep Fridge + 3 Compartment Sink + Walk-in Fridge + Much More * (id:51158)
Homes for sale in Hamilton
For sale $179,000
House For Sale in hamilton, 1140 FENNEL AVE E AVENUE
Restaurant

1140 Fennel Ave E Avenue

Hamilton, Ontario

Thriving Pizza & Wings Business in the Heart of Hamilton Mountain! With over 30 years of success, this establishment boasts a loyal customer base, including three nearby schools ensuring steady foot traffic. Equipped with amenities such as a walk-in cooler, dual ovens, and dough mixer, this opportunity is primed for growth. Don't miss out on this fantastic chance to step into a flourishing business in a prime location with excellent visibility. Act now, as opportunities like this are rare! (id:51158)
Homes for sale in Hamilton
For sale $500,000
House For Sale in hamilton, 805 - 1 JARVIS STREET

805 - 1 Jarvis Street

Hamilton, Ontario

2 Bedroom 2 Bathroom
Welcome to 1 Jarvis Street, your urban oasis nestled in the heart of Hamilton! This chic 2-bedroom, 2-bathroom residence boasts modern elegance and convenience. With all appliances included, from stainless steel kitchen appliances to a washer and dryer, effortless living is at your fingertips. Enjoy the ease of one designated parking spot and a storage locker for added convenience. Situated near McMaster University, this prime location offers the perfect blend of city living and campus proximity. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 332 - 460 DUNDAS STREET E

332 - 460 Dundas Street E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to this bright, airy and beautifully finished 9' ceiling 1 bedroom condo, Floor to Ceiling Windows. Open concept kitchen with quartz countertops and spacious living room open to a beautiful private balcony. This unit comes with B/I microwave shelf, walk-in Closet in Primary Bedroom, laminate floors excluding tiled floor areas. This residence offers an array of enticing amenities, including vibrant party rooms, state-of-the-art fitness facilities, delightful rooftop patios, and secure bike storage.. Located in desirable city of Hamilton. you'll have easy access to schools, shopping, parks, transit, and the highways. (id:51158)
Homes for sale in Hamilton
For sale $499,999
House For Sale in toronto, 608 - 940 CALEDONIA ROAD

608 - 940 Caledonia Road

Toronto, Ontario

3 Bedroom 1 Bathroom
Beautiful 3 bedroom 1 bathroom condo apartment located at Caledon Village(Lawrence & Caledonia).This condo apartment is located between Keele and Dufferin on Lawrence. Apartment features 2bedrooms and 3 bedroom converted into Family/living room giving a large space to host friends &family. Highlight of this gorgeous condo apartment is newly renovated open concept Kitchen withquarts counter top and huge quarts island. Includes 1 underground parking spot. Walk score for thisproperty is 10/10. Public transit friendly as TTC stop just outside the building. Minutes away fromYorkdale mall. Grocery shopping and many restaurant options available in the neighbourhood. Condofees include Hydro, Heat and Water. 5 public & 6 Catholic schools serve this home. Of these, 8 havecatchments. There are 2 private schools nearby. 4 sports fields, 3 playgrounds and 9 otherfacilities are within a 20 min walk of this home. Rail transit stop less than 2 km away. (id:51158)
Homes for sale in Toronto
For sale $227,500
House For Sale in mississauga, 12 - 4099 ERIN MILLS PARKWAY
Retail and Wholesale

12 - 4099 Erin Mills Parkway

Mississauga, Ontario

1434 sqft
A great opportunity to own a well-managed profitable business in Mississauga. 8-Door Walk-In Cooler, 3-door Freezer, Point of Sale, CCTV, Security Grilles, Coffee, Amazon-Purolator, Bitcoin, Western Union, ATM & more. Adding Mini melts Ice cream Freezer soon. High Traffic Plaza. Sales $22k-23k/wk. (Tobacco. 25%, lotto 49%, others 26%). Rent $5,705+HST Remaining lease 2years +5 years. Exclusives-Tobacco & Lotto. Loyal customer base. Great Expansion potential: Specialty Vape Sale **** EXTRAS **** Best Location Plaza Is Surrounded By Homes. Very Good Neighborhood. Huge Potential. The Inventories Are Extra, Rebate Program For Cigarettes , 24/7 Monitoring Of Store. Perfect For Family Business. Inventory is not included in sale Price . (id:51158)
Homes for sale in Mississauga
For sale $75,000
House For Sale in toronto, 41 - 1700 WILSON AVENUE
Retail and Wholesale

41 - 1700 Wilson Avenue

Toronto, Ontario

875 sqft
Lotto, Smoke And Gift Store With A 649 Machine Inside A Busy Mall In The Food Court, Opportunity Knocks For New Immigrants And Family Business. Sells Lotto, TTC Tickets, Calling Cards, Gifts & Much More. Owner does not sell cigarettes. Potential Is Very Clear And The Right Owner May Double The Sales/ Income. Single person operation. Low rent $2249 including HST. Located in front of Very Busy Food Court. Buy this business and be your own boss and make money for yourself. (id:51158)
Homes for sale in Toronto
For sale $198,000
House For Sale in toronto, 27 - 28 - 4211 SHEPPARD AVENUE E
Personal Services

27 - 28 - 4211 Sheppard Avenue E

Toronto, Ontario

649 sqft
Commercial property and well established extended healthcare business for 20 plus years for sale in prime Scarborough location at Midland and Sheppard, walking distance to TTC and GO Transit. Great for Traditional Chinese Medicine, Acupuncture, RMT, SPA operation. Have 2 entrances: one from mall and from outside direct for great exposure and flexibility. Located on ground floor near main entrance for great exposure. The two units are linked offering over 640 feet of retail space. Property includes 1 private parking space. Management fees include Heat, AC and property insurance. (id:51158)
Homes for sale in Toronto
For sale $169,000
House For Sale in toronto, 467 DANFORTH AVENUE
Restaurant

467 Danforth Avenue

Toronto, Ontario

Recently renovated restaurant situated at an active intersection on Danforth and Logan is available for sale. It's currently running as a Quick Service Restaurant (QSR) but can be conveniently converted to any other concept. The restaurant features an open kitchen equipped with an 8-10ft kitchen exhaust hood and a walk-in cooler. Additionally, there is one parking spot at the back of the building. The Liquor License for 58 seats is transferable. Please do not go direct or talk to any employees. (id:51158)
Homes for sale in Toronto
For sale $499,999
House For Sale in toronto, 402 DANFORTH AVENUE
Restaurant

402 Danforth Avenue

Toronto, Ontario

3500 sqft
The renowned and VERY popular MEGAS Restaurant and event space is looking for its new lucky owner. With an already established name for itself and one of the original Greek restaurants to dig its roots on the Danforth, the new owner can enjoy a turnkey business that produces excellent revenue. Loyal customers have been enjoying over 3500 sq ft of eatery, lounge, patio and premium event space for private functions for over 30 years. Live music, authentic Greek food and a fan favorite for takeout/delivery makes this a truly once in a lifetime opportunity. Fully renovated, Fully equipped, Fully staffed, devoted clientele and retiring sellers willing to pass on their legacy. Willing to train new owners. Seeing is believing so come on by! **** EXTRAS **** Existing Lease assumable by new buyers. (id:51158)
Homes for sale in Toronto
For sale $399,000
House For Sale in toronto, 702 - 1028 MCNICOLL AVENUE

702 - 1028 Mcnicoll Avenue

Toronto, Ontario

1 Bathroom
Luxurious Life Lease @ Vintage Garden Phase 2, Well Designed for Senior Residents 55 and Older. Spacious and Practical Layout, Bright, Higher Ceiling Over 9 Foot, Upgrade Jennair Steam Oven, Upgrade Front Load Washer & Dryer, Emergency Call Button in Bathroom, 24 Hours Security and Emergency Response System. Grand Lobby and Generous Amenities Including Library, Dining Room, Gym and More. Monthly Fee Total $500.58 Including Property Tax $97.38, Management Fee $403.20. (id:51158)
Homes for sale in Toronto
For sale $280,000
House For Sale in toronto, 5451 YONGE STREET
Restaurant

5451 Yonge Street

Toronto, Ontario

1800 sqft
Location Location, Located!! Busy Restaurant In North York. Walking Distance To Subway, And Nice Patio Area. Surrounding With Lots Residential Condos And Houses And As Well As Commercial Businesses. Perfect Location To Run The Business And Succeed On It. **** EXTRAS **** Newly Renewed Contract And Plus 5Yrs Options. Rent $13000 plus tmi hst . All Chattel And Equipment Are Included (id:51158)
Homes for sale in Toronto
For sale $150,000
House For Sale in toronto, 3234 YONGE STREET
Retail and Wholesale

3234 Yonge Street

Toronto, Ontario

700 sqft
Turn key Profitable Floral Boutique for Sale! A well established business since 2011, this boutique is located in the prestigious Lawrence Park area with a great and loyal client base. Stellar Google reviews, exceptional quality and a prime location drive consistent revenue from floral arrangements, plants & home decor, with the opportunity for tremendous growth in the weddings, funerals and events business. This stunning open concept space ensures an inviting atmosphere with elegant decor throughout and a great reputation for warm and friendly customer service. Immediate income guaranteed. Sale includes all chattels, Facebook & Instagram accounts. Don't miss this opportunity to walk in and make it your own! (id:51158)
Homes for sale in Toronto
For sale $448,900
House For Sale in toronto, 1113 - 88 BLUE JAYS WAY

1113 - 88 Blue Jays Way

Toronto, Ontario

1 Bathroom
An Opportunity To Live At One Of Toronto's Most Prestigious Address. Bish Hotel And Residences Is An Entirely New Standard Of Elegant Private Residences And Boutique Hotel Environment. 9 Ft Ceilings, Contemporary Kitchen finishes, including natural stone Counters And backsplash And It. Appliances. Everything At Your Front Door - Transit, Restaurants, Nightlife, Rogers Centre And lIft Festivals. Enjoy Perfect City Living And Endless Lifestyle Amenities! Occupant Enjoy ""Bisha Lifestyle"" Which Offers 44th Floor Patio, Kost Restaurant, First Restaurant By Iron Chef Participant, Akira Back, Mister C Hotel Lobby Bar And 15% Discount At Frenchmade Cafe. Valet Parking & Dry Cleaning At extra cost **** EXTRAS **** *Ss Fridge *Ss Stove *Ss Dishwasher *Washer & Dryer *All Electric Light Fixtures *Ss Microwave *Ss Built-in Oven (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 416 - 65 EAST LIBERTY STREET

416 - 65 East Liberty Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Gorgeous updated, freshly painted and move-in ready, bright and spacious one bed/one bath condo located at beautiful King West Condos in the heart of bustling Liberty Village. Fabulous layout featuring a walk out to a balcony, New premium vinyl plank floor, modern kitchen with S/S full size appliances, granite countertops, built in shelving in Living/Dining area and custom closet organizers and owned storage locker. Enjoy premium amenities incl. a 22,000-square-foot recreational facility. This contains 25th floor rooftop lake view club and terrace, acre courtyard terraces, courtyard party lounge, Hollywood style screening room, indoor pool, hot tubs, steam rooms, yoga room, circuit training area, cardio and fitness area, games arcade, billiards room, bowling alleys, sports simulators with Wii capability and 5 guest suites. (id:51158)
Homes for sale in Toronto
For sale $489,900
House For Sale in hamilton, 23 Albany Avenue

23 Albany Avenue

Hamilton, Ontario

2 Bedroom 1 Bathroom 696 sqft
Attn: First Time Buyers!!! Immaculate. Nothing to do but move in. Recent renos include most windows 2024 doors 2023 furnace 2022 exterior paint 2022 pot lights 2021, flooring throughout and freshly painted! Past updates include kitchen, 4 piece bath, shingles Priced to sell. Close to public transit, highways and all major amenities. (id:51158)
Homes for sale in Hamilton
For sale $179,000
House For Sale in hamilton, 1140 Fennell Avenue E

1140 Fennell Avenue E

Hamilton, Ontario

1056 sqft
Thriving Pizza & Wings Business in the Heart of Hamilton Mountain! With over 30 years of success, this establishment boasts a loyal customer base, including three nearby schools ensuring steady foot traffic. Equipped with amenities such as a walk-in cooler, dual ovens, and dough mixer, this opportunity is primed for growth. Don't miss out on this fantastic chance to step into a flourishing business in a prime location with excellent visibility. Act now, as opportunities like this are rare! DO NOT APPROACH PIZZA'S OWNER AND WORKERS AT ANYTIME. (id:51158)
Homes for sale in Hamilton
For sale $500,000
House For Sale in hamilton, 1 JARVIS Street Unit# 805

1 Jarvis Street Unit# 805

Hamilton, Ontario

2 Bedroom 2 Bathroom 670
Welcome to 1 Jarvis Street, your urban oasis nestled in the heart of Hamilton! This chic 2-bedroom, 2-bathroom residence boasts modern elegance and convenience. With all appliances included, from stainless steel kitchen appliances to a washer and dryer, effortless living is at your fingertips. Enjoy the ease of one designated parking spot and a storage locker for added convenience. Situated near McMaster University, this prime location offers the perfect blend of city living and campus proximity. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in toronto, 65 EAST LIBERTY Street Unit# 416

65 East Liberty Street Unit# 416

Toronto, Ontario

1 Bedroom 1 Bathroom 410
Newly updated and painted and move-in ready, bright and spacious one bed/one bath condo located at beautiful King West Condo’s in the heart of bustling Liberty Village. Fabulous layout featuring a walk out to a balcony, new premium vinyl plank floor, modern kitchen with S/S full size appliances, granite countertops, built in shelving in Living/Dining area and custom closet organizers and owned storage locker. Enjoy premium amenities incl. a 22,000-square-foot recreational facility. This contains 25th floor rooftop lake view club and terrace, ½ acre courtyard terraces, courtyard party lounge, Hollywood style screening room, indoor pool, hot tubs, steam rooms, yoga room, circuit training area, cardio and fitness area, games arcade, billiards room, bowling alleys, sports simulators with Wii capability and 5 guest suites. (id:51158)
Homes for sale in Toronto
For sale $332,900
House For Sale in toronto, 2-203 - 50 OLD KINGSTON ROAD

2-203 - 50 Old Kingston Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome to condo living at its best! This condo is a lifestyle specifically for mature adults aged 55+ (must be owner occupied). This well appointed 2 bedroom unit is filled with plenty of natural light. Boasting a primary bedroom with a huge walk-in closet, bright and spacious living and dining rooms, a functional kitchen, a large main bathroom with tub and shower, 2 large walk in storage closets as well as an exclusive locker and parking spot! Enjoy the outdoors on your sprawling terrace or on the lush grounds surrounded by plenty of trees, manicured gardens, gazebo and benches for your convenience and relaxation. Plenty of building amenities including indoor swimming pool, sauna, showers, party room, exercise room, library and workshop. Located in close proximity to public transit, shopping, walking trails and more! (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in hamilton, 9 - 34 BOW VALLEY DRIVE

9 - 34 Bow Valley Drive

Hamilton, Ontario

3 Bedroom 3 Bathroom
RAVINE LOT !!! END UNIT !!! No Neighbours at back for complete privacy. Beautiful Total 4 Bedrooms Townhouse. 3 very good-sized Bedrooms upstairs + 1 Bedroom on ground floor. Lots of Sunlight. Huge Living & Dining rooms. Renovated Kitchen. Fully fenced Private backyard. Updated Washrooms. Main floor FAMILY Room (walkout to backyard) can be used as Office/ Den or 4th bedroom **** EXTRAS **** Condo Fee includes Water Bill, Property Insurance, Roof, Windows, Garage Door, Main Door, Patio Door, Grass Cutting, Snow Removal, Driveway & Fence etc. (id:51158)
Homes for sale in Hamilton
For sale $450,000
House For Sale in hamilton, 302 - 57 MERICOURT ROAD

302 - 57 Mericourt Road

Hamilton, Ontario

2 Bedroom 1 Bathroom
Incredible Opportunity! Largest 2 bedroom corner unit in the complete building! Great investment, or perfect for working professionals! Condo fee includes everything except hydro - easy living here!Amazing Location, Minutes To Mac, Downtown Dundas And Old Ancaster. Bus Stop Right In Front Of Building. Walking Distance To Fortinos Plaza And Local Restaurants. Renovated Unit, Perfect For First Time Home Buyer, Rental Unit Or Downsizing. Fantastic layout featuring a welcoming foyer, a formal dining room, a generously sized living room space perfect for a home office set-up and relaxing with friends, large bedrooms with closets. Seeing is believing! (id:51158)
Homes for sale in Hamilton
For sale $369,000
House For Sale in toronto, 1309 - 30 SAMUEL WOOD WAY S

1309 - 30 Samuel Wood Way S

Toronto, Ontario

1 Bedroom 1 Bathroom
Absolutely breathtaking! Discover the allure of KIP District 2 with this fantastic new listing! Perfectly located just a short walk from Kipling Subway/GO Station and minutes from major highways(427, QEW, Gardiner, 401), Quick and easy access to downtown Toronto and the airport. This sought-after open concept unit features high ceilings, private balcony with a breathtaking view of the skyline, and the convenience of ensuite laundry equipped with a full-sized front loading washer and dryer. The kitchen boasts sleek, flat-panel cabinetry with soft-close doors and drawers, complemented by a quartz countertop and a stylish matching backsplash, alongside an undermount stainless steel sink. The bathroom is outfitted with a marble countertop sink and a high-efficiency toilet. With stainless steel appliances and a prime location, this unit presents an excellent investment for rental or is ready for immediate move-in. **** EXTRAS **** Gym, Party Room, Bike Lockers, Guest Suite, Pet Washing Room, Workshop and Bike Repair room, Rooftop Terrace, Residents Lounge (id:51158)
Homes for sale in Toronto
For sale $299,000
House For Sale in burlington, 399 ELIZABETH STREET
Restaurant

399 Elizabeth Street

Burlington, Ontario

2 Bathroom 1506 sqft
Welcome to downtown Burlington's Sandwich Station. Steps from one of Ontario's largest waterfront parks, Spencer Smith Park, surrounded by residential condos, hotels, local businesses and more. This 1500 sq ft layout is ideal for many suitable fast casual concepts and is equipped with a sun-filled patio that looks down to Lake Ontario. Equipped with 2 large ice cream freezers, panini grills, Nu Vu baking oven and proofer, walk-in fridge, office, 2 exclusive parking spots, and so much more. Don't miss out on your opportunity to operate in one Burlington's nicest locations. **** EXTRAS **** * Net Rent = $2823.75 * TMI = $2102.71 * 5 Years Remaining + 2 x 5 Year Options * Seating for 30 Inside + 15 Patio * Walk-In Fridge * Full List Of Chattels Available * Please Do Not Go Direct * Please Do Not Speak To Staff * (id:51158)
Homes for sale in Burlington

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.