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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 $409,000
House For Sale in toronto, 519 - 2737 KEELE STREET

519 - 2737 Keele Street

Toronto, Ontario

3 Bedroom 1 Bathroom
Welcome to the epitome of urban living! Introducing a property that embodies the timeless real estate mantra: ""Location, Location, Location!"" Nestled in a prime location just moments away from the prestigious Yorkdale Shopping Mall, this stunning residence is a dream come true for those seeking the perfect blend of convenience and luxury. But that's not all! This property is perfect for families of any size, offering ample space and comfort to create cherished memories. Conveniently located mere seconds from Hwy 401, your connection to the rest of the city and beyond is effortless. Say goodbye to long commutes and hello to a lifestyle of convenience and sophistication. With schools, grocery stores, medical services, and more just moments away, this is urban living at its finest. **** EXTRAS **** Washer and Dryer; Fridge; Stove, Built-In Dishwasher (id:51158)
Homes for sale in Toronto
For sale $25,000
House For Sale in mississauga, B/ 103 - 1359 RATHBURN ROAD

B/ 103 - 1359 Rathburn Road

Mississauga, Ontario

Parking Space Available For Sale At PSCC 713, Located At 1359 Rathburn Rd. Buyer Must Be Current Owner / Resident At PSCC 713 **** EXTRAS **** Parking : Legal Unit # 103 Level B (id:51158)
Homes for sale in Mississauga
For sale $479,000
House For Sale in toronto, 305 - 330 DIXON ROAD

305 - 330 Dixon Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Spacious, Renovated Two Bedrooom Apartment with Open Concept in the Heart of Etobicoke, Newer Kitchen with Granite Countertops, Newer Full Bath, Newer Engineered Hardwood Floors throughout, Ensuite Laundry with Laundry Cabinets. Lower Maintenance Fee & Property Taxes incl. Parking, Water, Heat, Exercise Room, 24/7 Security. Great Opportunity for 1st Time Buyer/Investor. Close to Parks, Highly Rated Schools, Supermarket, shopping, Public Transit, major Highways 401/403/427/27. Bus to Airport, Kipling/Islington Subway. Just North of Eglinton Crosstown LRT and the Most Prestigious Parts of Etobicoke. Excellent Entry-Level Value! **** EXTRAS **** Fridge, Stove, Washer, Dryer, All Existing Light Fixtures Attached, Built-in Cabinets and Organizers. (id:51158)
Homes for sale in Toronto
For sale $145,000
House For Sale in toronto, 892 QUEEN STREET E
Restaurant

892 Queen Street E

Toronto, Ontario

1250 sqft
Located In The Heart Of Leslieville, This Italian Restaurant Is Well-Established, Profitable, And Beautifully Set Up. The Main Floor, Full Basement, And Patio Cover Approximately 1,250 Square Feet. A Transferable Llbo For 40 Interior Seats And 45 Patio Seats Is Included. This Turn-Key Operation Is Perfect For A New Operator or changed to a different concept. (id:51158)
Homes for sale in Toronto
For sale $84,990
House For Sale in toronto, PARKING - 286 MAIN STREET

Parking - 286 Main Street

Toronto, Ontario

Parking Spot Only Available For Sale At Brand New Linx Condo. Buyer Must Be A Unit Owner In The Building. There Is Currently A Waitlist To Purchase Parking. Located At P2 #45 **** EXTRAS **** I Underground Parking Spot (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 1614 - 121 TRUDELLE STREET

1614 - 121 Trudelle Street

Toronto, Ontario

2 Bedroom 3 Bathroom
Great Location! Welcome To This Spacious, Bright, Well Kept 2 Bdrm Corner Unit. South-East Facing. Bright & Full Of Sunshine. Living Room Walk-Out To Large Balcony W/Unobstructed View. Separate Dining Area. Eat-In Kitchen W/Breakfast Area. Prime Bedroom features a Walk-in Closet & 2-Pc Washroom. Ensuite laundry. Lots Of Closet Space. Great Recreation Facilities: Security System W/ Camera Surveillance & Night Guard/Gym Room/Pool/Party Room/Tennis Court & Visitor Parking. All Common Elements Totally Refurbished! Close To TTC/Kennedy Subway/Go Train/New LRT/Schools/Restaurants/Groceries/Shops and More! **** EXTRAS **** All utilities included (Heat, AC, Water, Hydro, Cable). Security Guard And One Underground Parking Space (id:51158)
Homes for sale in Toronto
For sale $449,000
House For Sale in toronto, 1106 - 600 FLEET STREET

1106 - 600 Fleet Street

Toronto, Ontario

1 Bathroom
You Can See The Water! Lakeview Apartment, Balcony + Cool Layout, Low Condo Fee. Incredible Amenities Include Bbq-Rooftop Terrace, Pool, Billiards, Gym, Lots Of Visitor Pkg, Ttc @ Door. Corner Suite With South And East Views. Steps To Loblaws, Joe Fresh, Shoppers Drug Mart, Starbucks. Walk To Restaurants Cafes, Toronto Harbourfront, Ttc, Billy Bishop Airport. Quick Access To Gardener & Dvp. **** EXTRAS **** Fridge Stove, B/I D/W, B/I Microwave/Rangehood. Washer, Dryer, Window Coverings. Property Tenanted, Tenant Mnth To Mnth,Pays $1500/Mnth, Assume Tenant or W N12 Form To Owner Occupy. Good For Self Move In Or Investment. (id:51158)
Homes for sale in Toronto
For sale $18,500
House For Sale in toronto, 390 CHERRY STREET

390 Cherry Street

Toronto, Ontario

Very unique locker. Private door access with three walls of cinderblock for increased protection and security. Locker is located in its own private room. Locker can only be purchased by unit owners of either 390 Cherry Street or 70 Distillery Lane. (id:51158)
Homes for sale in Toronto
For sale $120,000
House For Sale in toronto, 636 QUEEN STREET W

636 Queen Street W

Toronto, Ontario

Location! Location!Location. Fantastic Turnkey Opportunity Located In High Demand Area. Huge Space for Sitting area on main floor and Cooking area in the Basement, Beautiful Backyard Can be Patio during Warm Weather , Private Parking Spot in Garage or Can be Storge . Walk-in Cooler , Open Preparation area, Tons of Space for Inventories. 2 Washroom on Main floor for Customer & 1 Washroom in lower level .This Restaurant Cafe Business Was Set Up Brand New Just Less Than 3 Years With New Improvements And Equipment .No Commercial Hood No Nature Gas. Opportunity To Rebrand To Independent Cafe/Restaurant .Don't Miss this one **** EXTRAS **** Seller Can Train The New Owners Or Convert To Different Type Of Business. (id:51158)
Homes for sale in Toronto
For sale $299,888
House For Sale in toronto, 2409 YONGE STREET
Personal Services

2409 Yonge Street

Toronto, Ontario

1 Bathroom 1600 sqft
An exceptional opportunity awaits in the heart of Toronto's dynamic Midtown district at Yonge and Eglinton,where this thriving hair salon business is available for sale.Boasting a prime Yonge Street location amidst bustling streets and high-traffic urban center,this salon has established itself as a premier destination for all seeking top-tier hair care services.Step into a meticulously designed space that blends modern with functional efficiency,creating an inviting ambiance that sets the stage for unparalleled client experiences.The strategic positioning within this vibrant neighborhood ensures a steady flow of foot traffic.With a loyal customer base and a team of skilled stylists committed to excellence,this turnkey business presents an ideal investment opportunity.Don't miss out on owning a piece of this lucrative market and making your mark in one of Toronto's most coveted locations.Take advantage of the bustling energy and growth potential of Yonge and Eglinton! **** EXTRAS **** DO NOT GO DIRECT AND DO NOT DISTURB CLIENTS OR STAFF. 11 Styling stations, color area and 3 wash basins (id:51158)
Homes for sale in Toronto
For sale $379,000
House For Sale in toronto, C2 - 800 SHEPPARD AVENUE W
Personal Services

C2 - 800 Sheppard Avenue W

Toronto, Ontario

2 Bathroom 450 sqft
Superb Sheppard West Location!!! TTC Bus Stop At Door, Close To Allen TTC Subway, Allen Road/401 within minuets by car. Professional Offices, Medical Clinic, Pharmacy, Tutoring Service, Lawyers, Engineering, Nail/Message Spa Center etc. Private Entrance, Full size Ceiling to Floor Windows, south-facing with all day sunlight. Wonderful advertising opportunity with good traffic on Sheppard Ave. Professionally maintained, turn-key operation. All utilities are included in the Condo Fees. 2 underground parking spots, lockers. 2-full size(disabled) Washrooms in common area. Secured Building. (id:51158)
Homes for sale in Toronto
For sale $220,000
House For Sale in toronto, 655 COLLEGE STREET
Restaurant

655 College Street

Toronto, Ontario

1000 sqft
STRONG SALES. DISHING OUT SOME OF THE CITY'S BEST PASTRY. 1,000 SQUARE FEET PLUS LARGE BASEMENT. RECENTLY RENOVATED WITH TOP OF THE LINE FINISHES. THIS IS A TURNKEY OPPORTUNITY. WALK IN COOLER ON THE MAIN FLOOR. 3 PHASE POWER. GORGEOUS STOREFRONT WITH STUNNING DISPLAY CASES AND RETAIL SECTION. CLEAN AND CLASSIC DESIGN MAKES THIS THE PERFECT CANVAS TO BRING YOUR CREATIVE VISION TO LIFE. **** EXTRAS **** FAVOURABLE LEASE IN PLACE UNTIL SUMMER 2027 WITH OPTIONS TO RENEW. BIG BACK OF HOUSE FULLY EQUIPPED WITH EVERYTHING YOU NEED TO GET INTO OPERATION TODAY! SELLERS WILL PROVIDE TRAINING. ONE CAR PARKING AT THE REAR. (id:51158)
Homes for sale in Toronto
For sale $458,000
House For Sale in toronto, 604 - 7 BROADWAY AVENUE

604 - 7 Broadway Avenue

Toronto, Ontario

1 Bedroom 1 Bathroom
Discover urban living at its finest in this charming 1-bedroom, 1-bathroom condo nestled in the heart of Toronto's vibrant Yonge and Eglinton neighborhood. With its cozy charm and unbeatable location, this corner unit is the perfect city retreat.Not just a condo, but a lifestyle, this unit is situated in a boutique building offering an array of amenities. Enjoy the peace of mind that comes with 24-hour concierge service, take a dip in the indoor pool, relax in the hot tub, or unwind in the sauna. The 2nd-floor roof deck garden provides a tranquil oasis in the midst of the city. Host gatherings in the party/meeting room, stay fit in the gym, and find a quiet moment in the library. This condo also comes with the added bonus of an oversized locker, ensuring you have all the storage space you need. Whether you're a young professional, a couple, or someone looking for a pied-a-terre in Toronto, this condo is the perfect blend of comfort, style, and convenience. **** EXTRAS **** Its not tenanted agent's friend is there. there isnt any lease (id:51158)
Homes for sale in Toronto
For sale $249,900
House For Sale in toronto, 3793 BATHURST STREET E
Restaurant

3793 Bathurst Street E

Toronto, Ontario

1807 sqft
Fully Equipped Restaurant For Sale in Busy Toronto Location. Corner Unit with great signage, exposure and traffic count. Can be converted to any approved food type. The Business name and brand is not included in the sale. Full Basement. **** EXTRAS **** List of Chattels and Equipment available. (id:51158)
Homes for sale in Toronto
For sale $299,000
House For Sale in toronto, 116/117 - 384 YONGE STREET

116/117 - 384 Yonge Street

Toronto, Ontario

500 sqft
Excellent turnkey investment opportunity located in prime Aura Concourse Shopping mall at College Park, offering direct access to College subway, 78 storey luxury Aura residential condo building (985 units) with retail anchor tenants including Ikea, Marshalls/Homesense. Steps to TMU, UofT, hospitals, many offices and surrounding residential condos. Property taxes $4408.30/annum and condo fees $935.72/month. **** EXTRAS **** Currently tenanted by hair salon/supply store. Unit is well equipped with water supply and upgraded 120 AMPS (total) electrical panel (60 AMPS/Unit). (id:51158)
Homes for sale in Toronto
For sale $479,900
House For Sale in hamilton, 112 King Street E|Unit #410

112 King Street E, Unit #410

Hamilton, Ontario

1 Bedroom 1 Bathroom 629 sqft
Rarely available Terrace Level Unit in Hamilton's historic, 'Residences of Royal Connaught'. Located in the Heart of Hamilton, next to Gore Park, steps to James St. N., a bike or bus ride to Hamilton's Bay Front Park, an elevator ride down to Starbucks, & a short walk to escarpment stairs and hiking trails. Step out onto your own Personal Patio that's connected to the beautiful Rooftop Terrace, complete with extra Seating Areas, a Gas Fireplace, BBQ's and Bistro Tables. This Unit was originally 1 bedroom that was built without the dividing wall, making it a studio apartment with a murphy bed. Fold the murphy bed up and out of the way when not in use, and you've got yourself a large and open living space, great for entertaining. (id:51158)
Homes for sale in Hamilton
For sale $469,900
House For Sale in hamilton, 260 Bay Street S|Unit #1

260 Bay Street S, Unit #1

Hamilton, Ontario

2 Bedroom 1 Bathroom 1061 sqft
Welcome to The Annex! A Historical Building Perfectly Located In Trendy Durand Neighbourhood. This Bright Spacious Two Bedroom Unit Will Not Disappoint. Freshly Painted, Carpet Free, Large Windows Throughout Brings In Tons Of Natural Light, Huge Kitchen Island With Granite Countertop Great For Meal Prep And Extra Seating, Stainless Steel Appliances With Custom Backsplash. Cozy Living Room with Fireplace, Large Closets In Both Bedrooms, Ensuite Laundry With Custom Shelving, Hot Water Tank Owned(2023), Locker, Security System And Parking. Enjoy The Roof Top Garden Patio With Lots Of Seating, Outdoor Lights and Amazing Views Of The City. Close To HWY 403, McMaster University, Mohawk College, St. Joseph’s Hospital, Walk To Trendy Locke Street, Enjoy Restaurants And Cafes, Close To Parks, Transit, Bike Path, Grocery and MORE! (id:51158)
Homes for sale in Hamilton
For sale $299,000
House For Sale in toronto, 711 - 4673 JANE STREET

711 - 4673 Jane Street

Toronto, Ontario

2 Bedroom 1 Bathroom
Amazing Opportunity! Exceptional Location , Investors Choice, 2 Bedroom Condo with Parking. Steps to York University, Shopping & Amenities 7 Highways. New subway coming! Great Investment. Property Is Going As Is. (id:51158)
Homes for sale in Toronto
For sale $469,000
House For Sale in oakville, 815 - 407 DUNDAS STREET W

815 - 407 Dundas Street W

Oakville, Ontario

2 Bedroom 1 Bathroom
Introducing district Trailside West. Oakville's newest condominium development! Step into this lower penthouse boasting 2 bedrooms, 2 bathrooms, and stunning upgrades complemented by partial lake views. Indulge in the opulent kitchen featuring quartz countertops, a designer backsplash and stainless steel appliances. Nestled in the prestigious district enclave, this stylish unit exudes sophistication with 24-hour concierge service and top-tier amenities. Embrace the convenience of nearby shiopping centres,, dining establishments, the sixteen mile sports complex, Lions Valley Parks, and scenice nature trails. With close proximity to the hospital and easy access to the QEW, 403, and 407, this residence offers unparalled accessibility.NOT AN ASSIGNMENT SALE **** EXTRAS **** SS refrigerator, SS stove, SS dishwasher, laundry (id:51158)
Homes for sale in Oakville
For sale $150,000
House For Sale in burlington, 728 BURLOAK DRIVE W

728 Burloak Drive W

Burlington, Ontario

1181 sqft
Exciting Opportunity To Own Your Own Pharmasave Pharmacy In A PRIME LOCATION!! Located In A Bustling Community, Surrounded by Thousand of Homes, This Plaza Includes Popular Establishments Like Popeyes, Sunset Grill, Freshii, Subway, Pizza Nova & More! Situated In A Rapidly Growing Area, The Pharmacy Features Two Available Examination Rooms, Providing Immense Potential To Expand Medical Services And Increase Revenue Streams. It Is Currently Equipped & Turn Key For a Doctor To Run Their Practice & Create Value Add. The Strategic Location In A Thriving Community, Along With The Opportunity To Collaborate With Nearby Businesses Makes This An Ideal Investment For Those Looking To Make A Mark In The Healthcare Sector! **** EXTRAS **** Buyer Will Be Paying Additional Cost To Purchase All Stock, Which Is Non-Negotiable. Everything You See In The Store Is Include In The Sale(Including All Computers, Systems & Safe). Rent Is Rough $5400 A Month W/ Everything Included. (id:51158)
Homes for sale in Burlington
For sale $498,000
House For Sale in toronto, 1122 - 31 TIPPETT ROAD

1122 - 31 Tippett Road

Toronto, Ontario

2 Bedroom 2 Bathroom
Beautiful two-bedroom condo featuring a south-facing view and two full bathrooms, providing ample living space. Enjoy an open concept kitchen with a quartz island, freshly painted walls, laminate floors, and stainless steel appliances. Conveniently located steps away from public transit, Wilson subway station, TTC, and the nearby Yorktown mall and Hwy 401. Building amenities include an outdoor pool and BBQ area, gym, guest suites, kids playroom, pet spa, and much more. (id:51158)
Homes for sale in Toronto
For sale $299,000
House For Sale in toronto, 134 ATLANTIC AVENUE
Restaurant

134 Atlantic Avenue

Toronto, Ontario

2 Bathroom 1050 sqft
Excellent Location! *Liberty Village* Great Opportunity To Carry On An Well Established It Is Rapidly Growing K-Chicken Franchise. * Fully Licensed For 29 Seats, 1050 sq ft +1000 Sq Ft(Basement) W/Walk-In Cooler And Prepping Area And Fully Equipped W/Commercial Hood. Lease 4yrs + 5 yrs Option To Renew. A lot of Traffic, Steady Customers, surrounded by Lots of condominiums & Commercials. It can be converted To your concept. Please Do Not Go Direct. **** EXTRAS **** Parking Available. List Of Chattel And Equipment Available Up On Request. (id:51158)
Homes for sale in Toronto
For sale $488,000
House For Sale in toronto, 2311 - 115 BLUE JAYS WAY

2311 - 115 Blue Jays Way

Toronto, Ontario

1 Bathroom
Functional layout studio unit in the heart of Downtown Toronto. Floor to ceiling windows, Steps to Entertainment District, CN Tower. Top of the line amenities in building. Convenient access to transit. Perfect for first time home buyer or investor. Come see it before its gone!! Book a showing today. **** EXTRAS **** projector to create your home threatre with just one blinds down (id:51158)
Homes for sale in Toronto
For sale $29,000
House For Sale in mississauga, P3-30 - 4090 LIVING ARTS DRIVE

P3-30 - 4090 Living Arts Drive

Mississauga, Ontario

Large Tandem Underground Parking Space At The Sought After Downtown Mississauga ""Capital Towers"" By Daniel's. Legal Description Level 3 Number 30, But Actual Is #7 On Level 3. Large Tandem Parking Space That Fits 2 Cars In This Double Length Parking Space. (id:51158)
Homes for sale in Mississauga

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.