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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 $429,000
House For Sale in toronto, 1801 - 1455 LAWRENCE AVENUE W

1801 - 1455 Lawrence Avenue W

Toronto, Ontario

1 Bedroom 1 Bathroom
Spacious Bright South Exposure Walk-Out To Large Balcony. Wall to Wall Closet in Hallway. Overlooking Park & Playground. Close to Transportation, Shopping, Schools, Yorkdale Mall & Major Highways- Hwy 400, 401, Black Creek Drive. **** EXTRAS **** Fridge, Stove, Built-In Dishwasher, Window Coverings, Electric Light Fixtures (id:51158)
Homes for sale in Toronto
For sale $459,000
House For Sale in toronto, 1710 - 1 SCOTT STREET

1710 - 1 Scott Street

Toronto, Ontario

1 Bathroom
Welcome to your luxurious bachelor condo with a locker included! This spacious and functional; apartment invited you into bright, sunlit space that promise to start your days with breathtaking sunrise views. Boasting 9-foot ceilings and custom paint design it offers the option to be furnished for enhanced comfort. Perfectly situated in the heart of Toronto's Financial District, just steps away from Union Station, grocery stores, and major expressways like the DVP and the Gardiner and with iconic landmarks such as St. Lawrence Market and the Distillery District within reach convenience and style await. Don't miss out on this incredible opportunity to elevate your urban lifestyle to new heights. **** EXTRAS **** Locker included. Low Taxes & Maintenance Fees. Unit Vacant As Of April 1st 2024 (id:51158)
Homes for sale in Toronto
For rent $21,000 Monthly
House For Sale in toronto, 17 TRUMAN ROAD

17 Truman Road

Toronto, Ontario

6 Bedroom 9 Bathroom
Absolutely Stunning French-Inspired Home in Toronto's Prime St. Andrew-Windfields community. Nestled in a serene and prestigious corner of Toronto, this home exemplifies the sophistication of French Chateau architecture. Occupying an expansive 80x269-foot lot, the residence welcomes you with intricate ceiling details and a lavish marble staircase, setting the stage for the impeccable design elements that define the entire property. Boasting a grand 20-foot ceiling height, the family room is both spacious and welcoming, with expansive windows that showcase breathtaking views of the meticulously landscaped backyard. The property offers the convenience of two separate In-Law Suites, ensuring a private and comfortable retreat for guests or extended family members. Beyond its captivating aesthetics, this home is a testament to superior craftsmanship and an unwavering commitment to precision. Don't miss the opportunity to experience the charm and elegance of this French-inspired masterpiece (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in hamilton, 403 - 180 LIMERIDGE ROAD W

403 - 180 Limeridge Road W

Hamilton, Ontario

2 Bedroom 1 Bathroom
Corner unit with sunny south-east exposure! This bright and beautifully renovated condo has been planned and executed with style. Upgrades include extended granite counter space with an added breakfast bar and expanded custom cabinetry. The classic and spacious black and white tiled bathroom w/walk-in shower has been designed with safety in mind. This condo features in-suite laundry, hardwood bamboo floors and lots of storage space. The building is set back from the street in its own park-like setting where you can enjoy the professionally maintained grounds and mature treed common areas perfect for picnics and getting together with friends and family. There is even gated access to the adjacent Captain Cornelius Park plus ample visitor parking. The condo fee includes heat, A/C, water and an exclusive storage locker and underground parking spot. Close to all amenities and the city bus stops at the end of the driveway. This relaxing carefree lifestyle could be yours to enjoy! (id:51158)
Homes for sale in Hamilton
For sale $399,000
House For Sale in hamilton, 3208 - 150 CHARLTON AVENUE E

3208 - 150 Charlton Avenue E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome Home to Corktown, downtown living with spectacular views of Hamilton & the escarpment. Close to St. Joseph's Hospital, schools, public transit, parks, restaurants, and the GO station. This large927sqft 1 bedroom apartment unit offers plenty of space to meet your needs. Amenities include on-site gym, pool, sauna, billiard room, squash court, party room, and shared laundry. Parking is rented and available upon request. (id:51158)
Homes for sale in Hamilton
For sale $439,900
House For Sale in hamilton, 1501 - 75 QUEEN STREET N

1501 - 75 Queen Street N

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome to 1501-75 Queen Street N in the City of Hamilton. Looking to experience everything condo living has to offer, this is the unit for you. Enjoy this HUGE condo unit with a total of 1,148sqft, and an amazing view over the city of Hamilton and Lake Ontario. Floor-to-ceiling windows bring in so much natural light and surreal views of Hamilton. Unlike new condos, you receive 3 massive bedrooms with city views, and a full 3 piece bathroom along with a 2-piece ensuite bathroom. A bonus feature is in-suite laundry and storage. This unit is ready for its new owner to either move in or make small changes to boost its value. With room to expand the kitchen or small cosmetic work, this is your chance to secure an amazing city-view unit in a great, quiet building. This unit comes with an underground parking space.Enjoy the condo lifestyle with an indoor pool, sauna, roof-top patio for socializing, exercise room, party/meeting room, and your private Tennis Court **** EXTRAS **** You are a 10-minute walk to West Harbour GO Train Station, within walking distance to amazing restaurants on James Street North, or Locke Street where you can find amazing shops and food! (id:51158)
Homes for sale in Hamilton
For sale $450,000
House For Sale in toronto, 2106 - 3 MARINE PARADE DRIVE

2106 - 3 Marine Parade Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
Experience The Pinnacle Of Retirement Living! Lovingly Maintained & Renovated 1 Bedroom +Den/Sunroom Condo At Hearthstone By The Bay Seniors Community! Enjoy A Spacious Penthouse Unit With An Open Concept Design, Very Functional Layout, Floor-To-Ceiling Windows, Elegant Crown Moulding, And A Generously Sized Open Kitchen/Living Area, A Well-Sized Bedroom W/ A Walkout To The Sunroom, And A Pristine 3 Pc Bathroom. This Unit Offers Complete Comfort And Style And Is A Perfect Fit For Seniors Starting Their Next Chapter. Live With The Luxury Of Condo Ownership Within An Exceptional Retirement Community, Complete With An Array Of Tailored Services Catering To Seniors. Enjoy Services Like 4 Hours of Housekeeping, $277 Dining Credit/Dining At The On-Site Restaurant, Access To Nurse 24 Hours Per Day/Round-The-Clock, A Convenient Shuttle Bus, Fitness Classes, Emergency Call System And Much More! **** EXTRAS **** Mandatory Club Fee: $1851.33 +Hst Per Month. Additional Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $255.11+hst Extra Per Month for Second Occupant. (id:51158)
Homes for sale in Toronto
For sale $425,000
House For Sale in toronto, 204 - 4060 LAWRENCE AVENUE E

204 - 4060 Lawrence Avenue E

Toronto, Ontario

3 Bedroom 2 Bathroom
Great Location Bi-Level With 3 story 3 Separate Entrances Condo. Large Eat-in Kitchen With Cabinetry, Laminate &Ceramic Flooring. Large Open Balcony With Amazing Extensive View. ,close to walking trail. Morningside park. walk-in clinic, Drugstore, super market, Scarborough town centre, uoft, HWY 401,parks,schools Restaurants &more. School, Shops 24 Hours Bus Route **** EXTRAS **** 2 Stove, 2 fridge Maintenance fee Include Water, Heat cable Building Insurance, 2 Parking Spots 1 Exclusive Locker (id:51158)
Homes for sale in Toronto
For sale $419,888
House For Sale in toronto, 1819 - 251 JARVIS STREET

1819 - 251 Jarvis Street

Toronto, Ontario

1 Bathroom
Experience Modern Living In Downtown Toronto At Dundas Square Gardens. This Studio Unit Features Upgraded Kitchen Cabinets, Flooring, And A Juliette Balcony With Awesome Views. Enjoy Floor-To-Ceiling Windows, Stainless Steel Appliances, And Ensuite Laundry. The Building Offers 5 Outdoor Terraces, A BBQ Area, A Gym, And 24/7 Concierge & Security. Luxurious Amenities Include A Fitness Centre, Party Room, Game Room, And An Outdoor Pool. Conveniently Located Near Dundas Square, Steps From Eaton Centre, With Quick Access To UofT, TMU, George Brown College, Hospitals, And Offices. With A 95 Walk Score And 98 Transit Score, This Location Is Perfect For Students, Investors, And Young Families. Additionally, The Unit Comes With A Locker, Ensuring All Your Storage Needs Are Met. Transit And Other Conveniences Are Right At Your Front Door, Making This Studio Unit A Desirable Choice For Those Seeking A Vibrant Urban Lifestyle. **** EXTRAS **** Furniture in Photos Negotiable. (id:51158)
Homes for sale in Toronto
For sale $429,900
House For Sale in hamilton, 75 QUEEN Street N|Unit #1501

75 Queen Street N, Unit #1501

Hamilton, Ontario

3 Bedroom 2 Bathroom 1148 sqft
Welcome to 1501-75 Queen Street N in the City of Hamilton. Looking to experience everything condo living has to offer, this is the unit for you. Enjoy this HUGE condo unit with a total of 1,148sqft, and an amazing view over the city of Hamilton and Lake Ontario. Floor-to-ceiling windows bring in so much natural light and surreal views of Hamilton. Unlike new condos, you receive 3 massive bedrooms with city views, and a full 3 piece bathroom along with a 2-piece ensuite bathroom. A bonus feature is in-suite laundry and storage. This unit is ready for its new owner to either move in or make small changes to boost its value. With room to expand the kitchen or small cosmetic work, this is your chance to secure an amazing city-view unit in a great, quiet building. This unit comes with an underground parking space. Looking for a convenient location to commute or close to amenities? You are a 10-minute walk to West Harbour GO Train Station, within walking distance to amazing restaurants on James Street North, or Locke Street where you can find amazing shops and food! Enjoy the condo lifestyle with an indoor pool, sauna, roof-top patio for socializing, exercise room, party/meeting room, and your private Tennis Court. (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in hamilton, 180 Limeridge Road W|Unit #403

180 Limeridge Road W, Unit #403

Hamilton, Ontario

2 Bedroom 1 Bathroom 965 sqft
Corner unit with sunny south-east exposure! This bright and beautifully renovated condo has been planned and executed with style. Upgrades include extended granite counter space with an added breakfast bar and expanded custom cabinetry. The classic and spacious black and white tiled bathroom w/walk-in shower has been designed with safety in mind. This condo features in-suite laundry, hardwood bamboo floors and lots of storage space. The building is set back from the street in its own park-like setting where you can enjoy the professionally maintained grounds and mature treed common areas – perfect for picnics and getting together with friends and family. There is even gated access to the adjacent Captain Cornelius Park plus ample visitor parking. The condo fee includes heat, A/C, water and an exclusive storage locker and underground parking spot. Close to all amenities and the city bus stops at the end of the driveway. This relaxing carefree lifestyle could be yours to enjoy! (id:51158)
Homes for sale in Hamilton
For sale $429,000
House For Sale in hamilton, 1406 - 15 QUEEN STREET S

1406 - 15 Queen Street S

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to Platinum Condos. Located in the heart of Hamilton, this brand new 1 bedroom + 1 bathroom condo with western exposure features unobstructed views of the Niagara Escarpment & parts of Burlington Bay. Kitchen highlights include upgraded cabinets, full-size stainless-steel appliances, quartz counters & tile backsplash. From the living room, walk-out to the spacious balcony, from which you can watch endless sunsets. Primary bedroom features a sliding barn door. Ensuite laundry. Steps to Victoria Park & Central Park, with access to many shops & restaurants. Walking distance to the future Hamilton LRT. Amenities include: a concierge, exercise room, rooftop terrace with BBQs, a party room, bike storage & visitor parking. Bright & spacious. Tastefully decorated. Just move in & enjoy! **** EXTRAS **** McMaster University, Mohawk College, Hwy 403 & Hamilton GO nearby. Transit at doorstep. Perfect for first-time buyers & investors. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in hamilton, 146 Princeton Drive

146 Princeton Drive

Hamilton, Ontario

2 Bedroom 2 Bathroom 960 sqft
Welcome to a very well-kept 2 Bedroom Colonial end unit Townhome, just in move-in condition! Choice sought-after Sherwood Heights Neighborhood. It offers Hardwood floors in bedrooms, updated kitchen and baths, finished Rec room. This prime location places you minute to the LINC, surrounded by nearby parks, schools shopping, including a Shopping Plaza that offers an array of retail and dining options. Ideal for a starting family! Low maintenance! Low Condo Fees! 1 parking spot! Call today for a private viewing!! (id:51158)
Homes for sale in Hamilton
For sale $401,700
House For Sale in toronto, 1413 - 340 DIXON ROAD

1413 - 340 Dixon Road

Toronto, Ontario

2 Bedroom 1 Bathroom
This renovated corner unit features 2 bedrooms, ensuite laundry, an open balcony with provides unobstructed views of the city. Conveniently located close to airport, TTC, and shopping, providing a perfect blend of comfort and accessibility. Enjoy a hassle free transition into this move-in-ready, well prepared living space! (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 205 - 1 NEIGHBOURHOOD LANE

205 - 1 Neighbourhood Lane

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome To The Desirable 'Backyard Condos' Rarely Offered. Boutique Vandyk Building Steps To The Humber Trail, Shops, Restaurants & Transt; Few Mins To Downtown; Sunny, Light-Filled Suite With A Quiet West Side Exposure. Open Concept, Modern Upgraded Kitchen, 9' Ceilings; Wide Plank Flooring. Large Balcony ; Building's Amenities; Rooftop Terrace/Fire Pit, Concierge, Guest Suite, Visitor Parking + Much More! (id:51158)
Homes for sale in Toronto
For sale $490,000
House For Sale in toronto, 3522 - 2031 KENNEDY ROAD

3522 - 2031 Kennedy Road

Toronto, Ontario

1 Bedroom 1 Bathroom
Experience The Height Of Opulence At K Square Condos In North Scarborough, A Spotless, Unoccupied Flat. This One-bedroom , One-bathroom Apartment Has 10-foot Ceilings, Laminate Flooring Throughout, And An Atmosphere That Is Light, Airy, And Open Concept. Enjoy Breath-taking Views From Your Balcony. Take Advantage Of The Close Proximity To Scarborough Town Centre, Agincourt Mall, Restaurants, Libraries, Schools (U Of T Scarborough, Centennial, And Seneca College), And More. Simple Transport With Access To Go Train And Ttc. There Is $75-$95 A Month For Secure647surface Parking Across The Street At 2075 Kennedy Road. It's The Ideal Toronto Suite For Both Students And Professionals! **** EXTRAS **** Stove, Fridge, Locker, Washer Dryer, Dishwasher (id:51158)
Homes for sale in Toronto
For sale $299,900
House For Sale in hamilton, 505 - 9 GRANT BOULEVARD

505 - 9 Grant Boulevard

Hamilton, Ontario

1 Bedroom 1 Bathroom
Captivating co-op unit available in convenient Dundas location! This rarely offered 1 bed, 1 bath well maintained, apartment style condo is steps from University Plaza and just minutes to downtown Dundas or Westdale. Upon stepping into the foyer one will enjoy the beautiful hardwood floors in the bright and spacious living/dining room which accesses an enclosed balcony where you can enjoy expansive views. The kitchen features wood countertops and pristine white cabinets, appliances and tile flooring. Wall to wall windows in the bedroom flood the room with light and the bathroom includes an easily accessible shower/tub. This co-op building is well maintained and the condo fees include all necessary exterior maintenance, building insurance, parking, locker, heat, water and basic cable. The unit owner is responsible for hyrdo and any cable updates. All potential buyers must send an application, credit and police check, and be approved by the Co-op Board of Directors. (id:51158)
Homes for sale in Hamilton
For sale $475,000
House For Sale in toronto, 4204 - 50 OLD KINGSTON ROAD

4204 - 50 Old Kingston Road

Toronto, Ontario

2 Bedroom 1 Bathroom
PREMIUM VIEWS overlooking the forest with an EXTENDED 30 foot Balcony! CUSTOM designed Kitchen Cabinets and countertop to make cooking enjoyable again, complete with: Easy-slide Drawer rails, Soft Close doors/drawers, space saving devices, undercabinet and cutlery drawers with LED LIGHTINGBEAUTIFULLY coordinated Quartz countertops QUALITY ALL NEW S/S Appliances included: Bosch Dish washer, large LG French Door Refrigerator/Freezer with in-door water & ice, HIGH CFM S/S Chimney Vent Hood, LG Convection / Self-Clean Oven GLISTENING large S/S single basin sink by Blanco, with Moen Chrome Faucet/Sprayer NEW high quality planked flooring with noise damping under pad Large Master Bedroom with lighted walk-in closet MAINTENANCE FEES include: Taxes, BELL Cable, 5G Internet and all Utilities NOTE: MUST BE OWNER OCCUPIED, AGED 55 AND UP. **** EXTRAS **** Parking space and locker are very close to each other. Pets are allowed with approval.*For Additional Property Details Click The Brochure Icon Below* (id:51158)
Homes for sale in Toronto
For sale $399,000
House For Sale in hamilton, 150 Charlton Avenue E|Unit #3208

150 Charlton Avenue E, Unit #3208

Hamilton, Ontario

1 Bedroom 1 Bathroom 927 sqft
Welcome Home to Corktown, downtown living with spectacular West views of Hamilton & the escarpment from the 32nd floor. Close to St. Joseph's Hospital, schools (McMaster University & Mohawk College), public transit, parks, restaurants, and a quick walk to the GO station. This large 927sqft 1 bedroom condo unit offers plenty of space to meet your needs, with a great open & spacious layout. Amenities include on-site gym, pool, sauna, billiard room, squash court, party room, and shared laundry. Hydro, heat & water are all included in condo fees. Parking space is rented and available upon request. (id:51158)
Homes for sale in Hamilton
For sale $449,999
House For Sale in hamilton, 920 - 1 JARVIS STREET S

920 - 1 Jarvis Street S

Hamilton, Ontario

1 Bedroom 1 Bathroom
Offer Anytime*** Assignment Sale *** 1 Jarvis St, Hamilton. 461 Sqft Interior, 56 Sqft balcony 1 bedroom/ 1 Bathroom is for sale. Floor to ceiling windows, 8'6"" Ceiling Height. Quartz Countertop and Backsplash in Kitchen and Bathroom. Please note that this property is under construction and there will be no physical showings tentative occupancy date is 19 March 2024. Minutes away from all Major Hwys, mc master university, Hamilton general hospital and parks. (id:51158)
Homes for sale in Hamilton
For sale $354,999
House For Sale in hamilton, 3A - 5 EAST 36TH STREET

3a - 5 East 36th Street

Hamilton, Ontario

2 Bedroom 1 Bathroom
Welcome to this beautifully updated 2-bedroom co-op, where modern elegance meets convenience in every corner. As you step into this inviting space, you're greeted by an atmosphere of warmth and sophistication. The living area boasts ample natural light streaming through large windows, creating a bright and airy ambiance. The interior exudes a sense of contemporary charm. The highlight of this co-op is definitely its stunning kitchen with stylish cabinets and quartz countertops. The two bedrooms offer cozy retreats, each designed for optimal comfort and relaxation. The co-op offers convenient amenities such as on-site laundry facilities, secure entry, and dedicated parking, ensuring both comfort and peace of mind for residents. Situated on the Brow there are ample opportunities for walking, hiking and biking. This updated 2-bedroom co-op could be just the place you are looking for. **** EXTRAS **** Parking is $40 surface, $80 for inside Garage and $95 for outside garage. Maintenance covers taxes as well. Flooring is Engineered Hardwood. (id:51158)
Homes for sale in Hamilton
For sale $479,000
House For Sale in toronto, 1611 - 55 REGENT PARK BOULEVARD

1611 - 55 Regent Park Boulevard

Toronto, Ontario

1 Bathroom
Fully renovated, Perfect Studio With Unobstructed Views & A Balcony Too! Investors Take Note Of The Super Low Maintenance Fee. 9 Foot Ceilings! 24 Hour Concierge And A Whopping 45,000 Square Feet of Indoor & Outdoor Amenities Including Gym & Half-Court Basketball, 2 Squash Courts, Fitness Studio, Outdoor Terrace Lounge With BBQ Stations, Guest Suites. Visitor Parking too ! **** EXTRAS **** Minutes To The Downtown Core & Easy Highway Access. The 24 Hour Dundas Streetcar Is Just steps away. (id:51158)
Homes for sale in Toronto
For sale $49,000
House For Sale in toronto, PARKING - 35 MARINER TERRACE

Parking - 35 Mariner Terrace

Toronto, Ontario

Parking Spot For Sale. Excellent Location. For Purchase By Residences Of Harbour View Estates Incl. 5 & 35 Mariner Terr, 3 & 10 Navy Wharf Crt And 9 Spadina Only. Located In Highrise Lakeview Condo Building By Concord City Place. (id:51158)
Homes for sale in Toronto
For sale $429,950
House For Sale in hamilton, 606 - 1964 MAIN STREET W

606 - 1964 Main Street W

Hamilton, Ontario

3 Bedroom 2 Bathroom
Stunning recently updated Condo in Hamilton West on the border of Dundas with great access to to all Amenities. This unit is just under 1100 sq ft with a huge balcony, close to trails water falls, McMaster Forest Nature Preserve, Shaver Falls, Tiffany Falls Conservation Area, Scenic Waterfall, Iroquoia Heights Conservation Area and Bird's eye view lookout point. Features Updated lighting, new vinyl flooring, both bathrooms have been renovated w/new vanities, soft close, quartz counters, new tub and ceramic tub surround, toilets, new slide in kit range, W/I pantry, kitchen ,3 bedrooms,1 1/2 baths with unsuite, walk/in closet, underground exclusive parking (6PA Level 1) locker (#606 in room GH), buyers can rent a second spot from another unit owner if needed. Also, indoor pool, sauna and laundry room on site. (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.