FREE Access to MUST SELL, Discounted, Price Reduced, Bank Owned and Foreclosed/Bank Owned Home List​

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..

1763 results | Page 1 of 74
12 24 48
Search/Filter Properties


LOADING

For sale $149,900
House For Sale in toronto, A - 20 A REXDALE BOULEVARD
Special Purpose

A - 20 A Rexdale Boulevard

Toronto, Ontario

1200 sqft
Fully Unattended Coin Laundry. Located In A Busy Plaza, Surrounded By Many High Rise Apartments, Conveniently Located In A High Density Neighborhood. Ideal For A Family To Operate. Lot Of Opportunities To Grow This Business . All Equip Has Been Well Maintained Professionally & Is In Excellent Working Condition. Easily One Person Can Operate. Close To Hwy401, Ample Parking. Exposure To Rexdale . 17 Washer +2, Dryer 16 .Change & Soap Dispenser, Security Camera, Water Tank, 3 Seats(1 Bench).3 cloth basket, ***To generate more income wash and fold service can be add *** **** EXTRAS **** $4000/m rent include TMI (id:51158)
Homes for sale in Toronto
For sale $449,900
House For Sale in toronto, 1701 - 236 ALBION ROAD

1701 - 236 Albion Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome To This Bright & Spacious 2 Bed Classy Condo Completed Renovated From Top To Bottom. Upgraded Kitchen Quartz Counter Top Backsplash & Spacious Living & Dining Room. Large Open Balcony Offering Spectacular Views Of Humber River, Green Belt parks, Biking Trails, View Of CN Tower, Highways, TTC At Door, Shopping Ect. (Motivated Sellers) **** EXTRAS **** Recently Renovated Thru-Out Shows Extremely Well-A Must See-Mbr With 2 Seperate W/I Closet-Can Be Converted To Extra Bathroom With Permission. (id:51158)
Homes for sale in Toronto
For sale $399,000
House For Sale in toronto, 515 - 1346 DANFORTH ROAD

515 - 1346 Danforth Road

Toronto, Ontario

1 Bedroom 1 Bathroom
Indulge in luxury living at Danforth Village Estates with this expansive and sun-drenched one-bedroom suite. The gourmet kitchen features brand new quartz counters, a large island, and a convenient breakfast bar, perfect for culinary enthusiasts. The spacious living and dining area is adorned with stunning flooring, creating an inviting ambiance. Step out onto the massive sun-filled terrace, ideal for outdoor relaxation or entertaining guests. Enjoy the convenience of walking to TTC, Go Station, schools, parks, the new Eglinton Line, as well as a plethora of shopping options, cafes, and restaurants, all within reach of this exquisite residence.**Please note that the unit has been virtually staged. **** EXTRAS **** Building Amenities: Gym, Party Room, Games Room, Visitor Parking & Much More! (id:51158)
Homes for sale in Toronto
For sale $489,000
House For Sale in toronto, 2914 - 5 MASSEY SQUARE

2914 - 5 Massey Square

Toronto, Ontario

2 Bedroom 1 Bathroom
Location, Location! Stunning, Spacious 2 Bdrm Corner Unit. Bright Lg Enclosed Balcony. Very Well Maintained Building. Freshly Painted, Refinished Dark Parquet Floor, Walking Distance To Victoria Pk Subway, Doctor's Clinic, Dental, Daycare, Schools, Pharmacy. Million Dollar Rec Facilities Buy It Now And Make It Your Own. Don't Pay Rent. Quit That Expensive Gym Membership And Get Into The Toronto Real Estate Market. **** EXTRAS **** Fridge, Stove, Window Coverings, All Electric Light Fixtures (id:51158)
Homes for sale in Toronto
For sale $498,000
House For Sale in toronto, 123 - 71 MCCAUL STREET

123 - 71 Mccaul Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to your stylish 1-bedroom, 1-bathroom condo nestled in the heart of Toronto's vibrant downtown core. This unit offers comfort and convenience within the coveted Village by the Grange gated community. Enjoy amenities such as beautifully landscaped courtyard, outdoor pool, gym, party room & so much more. With its prime location, this condo offers unparalleled access to the best of downtown Toronto living. Explore the eclectic shops, trendy cafes, and world-class dining options just steps from your door. Cultural landmarks such as the Art Gallery of Ontario, Grange Park and OCAD University are within walking distance, while nearby transit options provide easy connectivity throughout the city. **** EXTRAS **** All utilities included in monthly maintenance fee. (id:51158)
Homes for sale in Toronto
For sale $399,900
House For Sale in hamilton, 350 Concession Street|Unit #101

350 Concession Street, Unit #101

Hamilton, Ontario

1 Bedroom 1 Bathroom 500 sqft
Fabulous opportunity for first time buyers or young professionals! Desirable first floor condominium unit situated in a small 27 unit building located at the top of the Jolly Cut and overlooking Sam Lawrence Park. All units face north with fabulous views of the Park, the City and the Bay. This beautiful move-in ready junior one bedroom suite has just been freshly painted and features new engineered hardwood flooring (2024), modern kitchen with granite counters, convenient in-suite laundry and a great outdoor space on the balcony to enjoy the views. The bus route is outside the front door with easy access to downtown and the building is steps to trendy Concession Street shops and restaurants, as well as Juravinski Hospital. Low condo fees and realty taxes make this maintenance free living at its best! Includes one owned parking space #7 and assigned locker #10. (id:51158)
Homes for sale in Hamilton
For sale $224,999
House For Sale in toronto, 1613 BLOOR STREET W
Retail and Wholesale

1613 Bloor Street W

Toronto, Ontario

1000 sqft
Cash Flowing Property at Reasonable Price!! Don't Miss Out On This Money-Making Convenience Store(Hasty Market) + Vape Store(Sky Vape Studio) In a busy residential/commercial Neighborhood. Lots of activity on the Bloor and Dundas Intersection. High Park and tourist attraction. Low rent 1999+TMI, Lease 3.5+5 Years, Monthly sales $45000 approximately Thats including Vape, Cigarette, OLG, Beverage, ATM, Bitcoin and other rental commissions. High Profit margin with Royal customers. Six-figure income. Installed both an ATM and a Bitcoin machine to boost the revenue 1000 sqft main level plus huge basement with washroom, 2 Garage parking back of the bldg for Owner, 2 extra rooms back of the store for future expansion. **** EXTRAS **** Please book the showing through Broker Bay, Do Not ask Employees about a financial. Call LA for more info and a financial sheet. All Numbers to be verified Buyer/Buyer's Agent. (id:51158)
Homes for sale in Toronto
For sale $179,900
House For Sale in toronto, 704 THE QUEENSWAY
Restaurant

704 The Queensway

Toronto, Ontario

3 Bathroom 2000 sqft
Opportunity Knocks With This Well Established Franchise Restaurant Located In A Rapidly Growing Residential Community Along The Queensway. This Turn Key Franchise Has A Fully Equipped Kitchen w/ Walk-In Cooler, Stand Up Freezer, Grills & Cold Tables, Plus Extra Storage In The Basement. LLBO and Seating For 32. Business Benefits From An Owner/Operator! Franchisor Provides Strong Support & Full Training To Be Provided. Buyer Must Be Approved By Franchisor. **** EXTRAS **** Lease Term 3 + 5 Plus Option To Renew. TMI Included In Base Rent. (id:51158)
Homes for sale in Toronto
For sale $488,000
House For Sale in toronto, 1719 - 3 GREYSTONE WALK DRIVE

1719 - 3 Greystone Walk Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
Please check 3D tour, top-bottom, brand new renovation, water and scratch resistance material through out he whole unit. Tasteful upgrade. One bedroom plus large solarium access to lots of natural sunlight and unobstructed panoramic views of the CN towner. Close to ttc, supermarket, restaurant, shopping, mins to Scarborough town centre and more!! Gym, Party Room, Conference room, pool table, newly renovated swimming pool Pool, hot tub, Squash court, Tennis Court **** EXTRAS **** LED mirror in the washroom, washer, dryer, fridge, stove, new dish washer (with warranty) and new microwave hood fan (with warranty) (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $499,900
House For Sale in hamilton, 32 Riverdale Drive

32 Riverdale Drive

Hamilton, Ontario

3 Bedroom 2 Bathroom 1102 sqft
Welcome to your future home sweet home! This stunning, newly renovated property offers the perfect blend of modern amenities and prime location. You'll enjoy a lifestyle of tranquility and natural beauty right at your doorstep. This large 1100 Sq Ft charming two-story condo townhouse boasts 3 bedrooms, 2 bathrooms, in-suite laundry and a cozy private backyard that opens up to serene open space. Say goodbye to carpet with this carpet-free interior, Kitchen featuring new Stainless appliances and freshly painted walls and new flooring. Perfect for downsizers or first-time homebuyers seeking comfort and convenience. Don't miss out on this gem (id:51158)
Homes for sale in Hamilton
For sale $499,990
House For Sale in toronto, 1713 - 17 ZORRA STREET

1713 - 17 Zorra Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Enjoy Unobstructed Views and a meticulously maintained One Large Bedroom Condo (With One Parking and One Locker) in a Prime Location In Etobicoke. Featuring Laminate flooring, Stainless Steel appliances, Newly painted, and modern finishes throughout. This Move-in ready unit offers a perfect blend of style and comfort, ideal for End-users and Investors. 24 hr concierge (id:51158)
Homes for sale in Toronto
For sale $495,000
House For Sale in hamilton, 201 - 1038 GARNER ROAD W

201 - 1038 Garner Road W

Hamilton, Ontario

1310 sqft
Brand new unit in great location of Prestigious Business Park in Ancaster, which is a growing and expanding area. Easy access to Hwy 403. Close to major plaza, incl. Walmart, Canadian Tire, and more stores! Walking distance to offices and residential buildings, high schools, and colleges. Excellent location and great investment opportunity!!! (id:51158)
Homes for sale in Hamilton
For sale $399,000
House For Sale in oakville, 128 - 1300 MARLBOROUGH COURT

128 - 1300 Marlborough Court

Oakville, Ontario

4 Bedroom 2 Bathroom
All inclusive Maintenance With Charming 3 Bdrm + 1 Den & 2 Bath, 2-Level Condo Apartment In Oakville's College Park Community. Ideal For Families or Individuals Seeking A Peaceful Retreat. Bright South-Facing Unit With Easy Access To Yard! Updated Kitchen Countertop '16, 2nd Floor Engineered Hardwood '18, H/Vac Approx. '20/'21, Microwave & Stove '21, Vanity & Light In Main Bath '22. Building Amenities Include Party Room, Meeting Room, Gym, Sauna & More! Great Location Within Minutes To Parks, Trails, Oakville Place, Sheridan College Campus & Easy Access To Highways & Go Train! Don't Miss The Opportunity To Make This Delightful 3-Bedroom plus Den residence your new home. (id:51158)
Homes for sale in Oakville
For sale $399,000
House For Sale in toronto, 244 - 830 LAWRENCE AVENUE W

244 - 830 Lawrence Avenue W

Toronto, Ontario

1 Bedroom 1 Bathroom
Priced to Quick Sell !!! Absolute Gem Among The Luxurious Treviso Condos. This South Facing Unit Features, Pre-Engineered Wooden Floors Throughout, Stainless Steel Appliances In Kitchen With Plenty Of Cabinet Spaces. Excellent Location. Steps To 24 Hr Ttc, Lawrence West Subway, Yorkdale Mall, Hwy 401, Schools And Shopping, Modern Architecture Building, With Walk Out To Large Terrazzo. Tired Of Paying Rent? This Maybe The Ideal Entry Point To The Toronto Real Estate Market! Schedule A Viewing Today! **** EXTRAS **** S/S Fridge, Oven, Microwave, Dishwasher, Stacked Washer/Dryer, All Window Coverings, All Electric Light Fixtures. (id:51158)
Homes for sale in Toronto
For sale $499,905
House For Sale in burlington, 4003 KILMER Drive|Unit #309

4003 Kilmer Drive, Unit #309

Burlington, Ontario

1 Bedroom 1 Bathroom 703 sqft
Very spacious open concept living in this 1 bed + 1 bath located in much sought after Tansley Woods neighbourhood. Dining area with large bay window could be used as home office, gym area or 2nd bedroom. White kitchen with new backsplash, breakfast bar, freshly painted neutral décor, in-suite laundry, garden doors to large and bright covered balcony with western exposure, 1 heated underground parking A27, locker #41, located close to transit, shopping, restaurants and highway access. (id:51158)
Homes for sale in Burlington
For sale $488,800
House For Sale in toronto, 1508 - 85 QUEENS WHARF ROAD

1508 - 85 Queens Wharf Road

Toronto, Ontario

1 Bathroom
Perfect For Investors And First Time Home Buyers. Optimized Studio 438 Sqft Layout. Modern Kitchen With Stainless Steel Appliances. Large Windows And Juliette Balcony To Enjoy Clear Views. Enjoy Extensive Building Amenities That Included Gym, Indoor Pool, Rooftop Hot Tub & Patio, Lounge, Guest Suites, 24/7 Concierge, And More. Steps To TTC, Loblaws, Sobeys, Banks, Restaurants, Library, Parks & The Habourfront. A Must See! (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 2704 - 501 YONGE STREET

2704 - 501 Yonge Street

Toronto, Ontario

1 Bathroom
TEAHOUSE Condominiums By Renowned Builder Lanterra, South Taller building Steps to TTC Subway and walking distance to UOT, TMU, George Brown, Eaton Centre, Restaurants, Hospital, Queens Park, Bloor Street-Yorkville Shopping, A Few Minutes To The Financial District And Entertainment District. Spacious Functional Studio Unit With Murphy Bed & Mattress, Floor To Ceiling Windows, Designer Kitchen Cabinetry With Stainless Steel Appliances & Stone Counter Tops, Laminate Flooring Throughout. Two Lockers included. **** EXTRAS **** TWO LOCKERS are INCLUDED! UNIT Number 95 and 96 in Level 2 (id:51158)
Homes for sale in Toronto
For sale $269,900
House For Sale in hamilton, 183 NORMANHURST AVENUE

183 Normanhurst Avenue

Hamilton, Ontario

3 Bedroom 1 Bathroom
Hidden Gem with Endless Potential! This charming bungalow, featuring a full basement with separate entrance, awaits its next chapter in the hands of visionaries. Though bearing scars from a fire, this property is brimming with promise for renovators or builders seeking their next project. Uncover the beauty within and transform this diamond in the rough into a masterpiece that will stand as a testament to creativity and innovation. Embrace the challenge; let your imagination soar within these walls and breathe new life into this Normanhurst Bungalow. (id:51158)
Homes for sale in Hamilton
For sale $399,997
House For Sale in hamilton, 134 Balmoral Avenue N

134 Balmoral Avenue N

Hamilton, Ontario

3 Bedroom 1 Bathroom 1129 sqft
Handyman /Contractor's special. Sold as is and must be a cash firm offer (No Conditions). Buyer can bring home inspector prior to submitting offer. “Estate Sale” had some wqter damage. Great location and lots of old wood charm. Vintage stain leaded glass and more. French sliding door between livingrm/dining rm. 121.5 ft huge deep lot backing onto alleyway. 19'new gas furnace. Central air conditioner is not connected to the furnace as is. Great value and won't last. Offers anytime. (id:51158)
Homes for sale in Hamilton
For sale $459,000
House For Sale in toronto, 602 - 44 LONGBOURNE DRIVE

602 - 44 Longbourne Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
RENOVATED 2 BEDROOM 1045sqft TORONTO CONDOMINIUM WITH PARKING, 2 LOCKERS and STUNNING CLEAR VIEW OF PARK!! JUST MOVE IN AND ENJOY! UPGRADES INCLUDE: Wood Flooring, Upgraded Trims and Doors, Renovated Kitchen and a Renovated Bathroom! The UPDATED Family Sized and Eat-In Kitchen Offers Stainless Steel Appliances, Renovated Cabinetry, Updated Countertops and More! Open Concept Living and Dining Room with Wood Floors and Walk Out to Spacious Balcony with Incredible Clear Views Overlooking a Park! There are both an Ensuite Locker and a Locker in the Lower Level for Added Storage! A Large Parking Space is Just Steps to the Building Entrance! INCLUSIVE MAINTENANCE FEE INCLUDES HEAT, HYDRO, WATER, CENTRAL AIR, CABLE AND INTERNET - EXCELLCENT VALUE! Well Managed and Maintained Building has Bright and Upgraded Hallways, Foyer and Common Areas! The Renovated Pool is Ready For you to Enjoy as is the Upgraded Gym and Common Patio Area! While Quiet and Private; this Outstanding ETOBICOKE LOCATION is Steps to TTC, Parks, Highways, Shopping, Restaurants, Schools and Much More! **** EXTRAS **** JUST MOVE IN! Renovated Bathroom & Kitchen with Stainless Steel Appliances, Upgraded Backsplash & Counters! Upgraded Floors, Trim and Doors! BOTH ENSUITE AND LOWER LEVEL STORAGE LOCKER! 1 Car Parking! FANTASTIC Clear View! LARGE BALCONY! (id:51158)
Homes for sale in Toronto
For sale $417,000
House For Sale in toronto, 633 - 600 FLEET STREET

633 - 600 Fleet Street

Toronto, Ontario

1 Bathroom
Suite 633 is an updated bachelor that offers a quiet respite away from the crowds, the noise, and the traffic that comes with living downtown. As you enter the condo, you will notice a spacious foyer with a hallway leading into the living space, which helps to create a sense of privacy. The recently updated kitchen features quartz counters, stainless steel appliances, built-in microwave, and an induction cooktop. The rectangular living space allows for the possibility of multiple layouts and furniture configurations. You will appreciate the spacious bathroom. Best of all, the condo opens to a balcony that is surrounded by a number of condos that provide a cocoon against the noise and hubbub of the city. The prime location offers the perfect springboard to enjoy all the pleasures of downtown living. You are only minutes away from the waterfront or a short walk to downtown. A grocery store is directly across the street. Quick access to the Gardiner Expressway and DVP. If you need to take transit, you can wait at a stop directly in front of the building and take a streetcar into Union Station. **** EXTRAS **** You will appreciate the extensive amenities at 600 Fleet, including 24-hour concierge, visitor parking, indoor pool and hot tub, professionally equipped gym, rooftop landscaped patio with BBQ, party room and billiards room. (id:51158)
Homes for sale in Toronto
For sale $399,999
House For Sale in toronto, PH213 - 99 BLACKWELL AVENUE

Ph213 - 99 Blackwell Avenue

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to your new home in the sky! This spacious and bright 1-bedroom, 1-bathroom penthouse condo offers scenic views of the city and Lake Ontario from the topmost level of the building.Located just across from Malvern Town Centre, this condo offers the perfect blend of convenience and luxury living.Step inside to find a newly painted, open-concept layout with laminate flooring throughout, creating a modern and inviting space.Enjoy the convenience of ensuite laundry, 1 parking spot, and 1 locker included with the unit. Plus, with low property taxes, this condo is not only luxurious but also affordable.The building itself offers an array of amenities, including a gym, indoor pool, sauna, squash court, visitor parking, party room, and 24-hour security system, ensuring that your every need is met.Located just minutes from Highway 401 and Scarborough Town Centre, commuting is a breeze.This condo is also close to shopping, library, park, and schools, making it an ideal location for families. Don't miss out on the opportunity to live in luxury with unbeatable views. **** EXTRAS **** N/A (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 613 - 430 MCLEVIN AVENUE

613 - 430 Mclevin Avenue

Toronto, Ontario

3 Bedroom 1 Bathroom
Freshly painted, Big & bright two bedroom plus solarium which can be used as office or small third bedroom. Security Gatehouse, green friendly building where everything gets recycled, excellent public transit service, all your day to day shopping nearby. Priced to sell .... great value (id:51158)
Homes for sale in Toronto
For sale $51,000
House For Sale in toronto, 3103 - 4438 SHEPPARD AVENUE

3103 - 4438 Sheppard Avenue

Toronto, Ontario

368 sqft
Prime Location With High Visibility & Busy Traffic At ""Oriental Centre"" Shopping Mall* 368 Sq Ft, Perfect For Investor Or End User-- Any Business: Retail/Professional/Consulting Office.....; * Bank And Food Court In Building* Ample Surface & Underground Parking * Easy Access To Ttc, Hwy 401, Scarborough Town Centre... **** EXTRAS **** Excellent Opportunity For Both Real Estate Investor And Small Business Operator (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.