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..

996 results | Page 38 of 42
12 24 48
Search/Filter Properties


LOADING

For sale $375,000
House For Sale in hamilton, 114 - 35 SOUTHSHORE CRESCENT

114 - 35 Southshore Crescent

Hamilton, Ontario

1 Bathroom
Beautiful Fully Upgraded Studio Unit At Waterfront Trails By Builder New Horizon Development Group! Relax On The Rooftop Patio With Lake Views After A Yoga Session In The Building's Exercise Room, While Your Laundry Is Drying In Your Very Own In-Suite Stackable Washer And Dryer. Featuring Geothermal Heating And Cooling, Sleek Stainless Steel Kitchen Appliances, And No Carpet Throughout!Ideal for Bachelors / Students and single working professionals. (id:51158)
Homes for sale in Hamilton
For sale $499,990
House For Sale in toronto, 1505 - 70 TEMPERANCE STREET

1505 - 70 Temperance Street

Toronto, Ontario

1 Bathroom
Stunning Sun Filled Bachelor Unit In Renowned Indx Condo, Prime Bay Corridor Location in the heart of the financial district, PATH connected, 9'Ceiling, Floor To Ceiling Window, Unobstructed View, Walking Distance To Subway, Universities, Eaton's Center, City Hall, Restaurants, Theatres, Shopping And Much More. State Of The Art Amenities, Fully Equipped Gym, Party Room, 24hr Concierge. **** EXTRAS **** S/S Appl (Fridge, Oven, Built-In Dishwasher), Wine Fridge, Microwave. Stacked Washer/Dryer. (id:51158)
Homes for sale in Toronto
For sale $459,000
House For Sale in toronto, 102 - 2603 BATHURST STREET

102 - 2603 Bathurst Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Charming 1 bed 1 bath unit in one of Toronto's most prestigious neighbourhoods. The Courtyards of Upper Forest Hill, offering a rarely affordable apartment in one of the city's most premium locations. Open concept layout featuring hardwood floors throughout, large windows filling the unit with natural light, large closets, and wonderful amenities. Beautiful apartment lovingly cared for by owner, pride of ownership shows throughout. **** EXTRAS **** Stainless steel fridge, oven/range, microwave/hood fan and dishwasher. Wall AC unit, all electrical light fixtures and window coverings. (id:51158)
Homes for sale in Toronto
For sale $425,000
House For Sale in toronto, 1406 - 10 SUNNY GLENWAY

1406 - 10 Sunny Glenway

Toronto, Ontario

1 Bedroom 1 Bathroom
Bright, spacious & centrally located 1-bedroom condo on Don Mills and Eglinton. Suite is on the 14th floor with amenities like swimming pool & gym in the building. Building Lobby is recently renovated. Common Laundry room is in the basement. Unit comes with Parking space & locker. Maintenance fee covers utilities (Heat, Electricity, water) Major highways, DVP North and South are within 1-minute drive. Bus stops are located right outside of the building. Grocery stores, restaurants, GoodLife Fitness, library, East York Town Centre, pharmacies and walk-in clinic are all located within 5-10 minute. Buyers due diligence is appreciated. (id:51158)
Homes for sale in Toronto
For rent $17,500 Monthly
House For Sale in toronto, SPH09 - 1 EDGEWATER DRIVE

Sph09 - 1 Edgewater Drive

Toronto, Ontario

3 Bedroom 5 Bathroom
""Aquavista At Bayside"" Is A Luxurious Lakeside And Stylish Condo Developed By Tridel, 4 Years Old With 5-Star Amenities. Very spacious 3-Bedroom, 5-Bathroom, Large Windows, Top-floor 2-level Residence Spanning 3771 Square feet, Overlooking The Lake And Park With An Expansive Indoor And Outdoor Living Space, Providing Residents With The Opportunity To Fully Enjoy The Lakeside Scenery, Located Adjacent To George Brown College, With Quick Access To Highways, The Harbor, Boardwalk, Sugar Beach, And Ferry Terminal, Within Walking Distance To St. Lawrence Market, George Brown College, The Distillery District, And The Financial District. **** EXTRAS **** B/I Fridge, B/I Cook Top, Oven, Rangehood, Microwave, B/I Dishwasher, FrontLoad Washer & Dryer, No Pets & Smokers, Private 2 Underground Parking Spots, Elevator Inside Unit, Ideal For Celebrities, Athletes & Executives. (id:51158)
Homes for sale in Toronto
For sale $345,000
House For Sale in toronto, 413 - 115 BONIS AVENUE

413 - 115 Bonis Avenue

Toronto, Ontario

1 Bedroom 1 Bathroom
Welcome to retirement living at its best! The Gardens, catering to seniors 65+, is the perfect place to live and play with like minded friends with a zest for life. The ""Dogwood"" Model offers 737 sqft of comfortable living, ready to move in and enjoy. The building offers access to many amenities including, hair salon and cafe right next door. Other amenities include pool, gym, chapel, beautiful outside gardens and much more. Close to shopping, banking and public transit. Book your appointment today! +++some photos are virtually staged+++ (id:51158)
Homes for sale in Toronto
For sale $489,999
House For Sale in hamilton, 911 - 150 MAIN STREET W

911 - 150 Main Street W

Hamilton, Ontario

2 Bedroom 2 Bathroom
Beautiful condo unit for sale! Great Place To Live Or A Perfect Investment Opportunity. High End Finishes, 9 Ft Ceilings, Granite Countertops. Nestled Right In The Middle Of Hamilton U, McMaster & Mohawk College. Ensuite Laundry. 24 Hr Surveillance, 3rd Flr Communal Rooftop Terrace, Gym, Pool & Many More Amenities. Large Underground Parking Spot Owned And Steps Away From Entrance. **** EXTRAS **** Stainless Steel Appliances: Fridge, Stove Dishwasher, Washer & Dryer. (id:51158)
Homes for sale in Hamilton
For sale $500,000
House For Sale in toronto, 1003 - 32 TROLLEY CRESCENT

1003 - 32 Trolley Crescent

Toronto, Ontario

1 Bedroom 1 Bathroom
Experience urban living at its finest in this modern loft-style apartment in the award-winning River City community. With 1 bedroom and 1 bath, enjoy an open concept layout and convenient access to the Distillery District, St. Lawrence Market, Sugar Beach, and more. Commute to the Financial District in just 15 minutes via TTC, or easily access major highways like the DVP, Gardiner Expressway, and QEW. Don't miss out on this opportunity to elevate your lifestyle in a prime Toronto location. Schedule your viewing today! **** EXTRAS **** Media Room, Guest Suite, Outdoor Terrace, Bbq Area, Outdoor Pool & Sundeck (id:51158)
Homes for sale in Toronto
For sale $455,000
House For Sale in hamilton, 1966 MAIN Street W|Unit #402

1966 Main Street W, Unit #402

Hamilton, Ontario

3 Bedroom 2 Bathroom 1092 sqft
Spacious 3 bedroom condo in the Forest Glen Complex. Masterbedroom with 2pc ensuite and walk in closet. As a bonus enjoy sitting out on large balcony w/park view. Located steps from conservation trails, transportation, McMaster University, shopping, and amenities. Exclusive use of parking spot 11P2. Pool, sauna, party room and locker. Looking for May 1st closing date. Do not miss out on the opportunity to own in this well maintained complex. S/S Fridge, Stove, Dishwasher (new), condo freshly painted (’22) (id:51158)
Homes for sale in Hamilton
For sale $393,800
House For Sale in toronto, 604 - 30 ORDNANCE STREET

604 - 30 Ordnance Street

Toronto, Ontario

1 Bathroom
Modern Living at The Garrison Point Condo in King West VillageDiscover urban sophistication in one of downtowns most sought-after neighborhoods with The Garrison Point Condo. Perfect for young professionals and first-time buyers, this stylish unit offers a blend of comfort, convenience, and contemporary design, all while being only a few years new and still covered under the Tarion New Home Warranty.Nestled in the vibrant King West Village, youre just steps away from TTC, Liberty Village, King Wests bustling shops and restaurants, as well as major highways. Enjoy nearby attractions like the CNE and Waterfront Park. This spacious open-concept layout features sleek laminate flooring throughout, floor-to-ceiling windows that bathe the unit in natural light, and high-end stainless steel appliances for a touch of elegance.Indulge in a resort-like lifestyle with an array of amenities including an outdoor pool with sundeck and lounge seating, childrens splash pool, state-of-the-art fitness facility with yoga studio, steam room, sauna, theatre, and exercise room. Currently tenanted at $1950/month, this unit offers immediate rental income for investors or the option to assume a reliable tenant.This condo is an ideal choice for those seeking a dynamic urban lifestyle combined with modern comforts and excellent investment potential. Experience the best of city living at The Garrison Point Condo. **** EXTRAS **** All ELf, Stainless Steel Fridge, Dishwasher, Range, Built-In Microwave Rangehood, Washer, Dryer, Window Coverings. (id:51158)
Homes for sale in Toronto
For sale $435,000
House For Sale in hamilton, 413 - 66 BAY STREET S

413 - 66 Bay Street S

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to the vibrant lifestyle of Core Lofts in downtown Hamilton's west side. This trendy & modern 1 bedroom, plus den condo boasts soaring high ceilings, offering a spacious and airy ambiance. Situated conveniently close to hospitals and restaurants, it ensures both convenience and accessibility for residence. Included in this delightful package is 1 owned parking spot and locker. The condo fees include; Building Insurance, Central Air Conditioning, Exterior Maintenance, Heat and Water providing comfort throughout the seasons. As if that weren't enough, the piece de resistance awaits atop the building, a beautiful rooftop patio, perfect for relaxing evenings or entertaining guests with stunning city views. This property is priced to SELL. Status certificate has been ordered. (id:51158)
Homes for sale in Hamilton
For sale $435,000
House For Sale in hamilton, 66 Bay Street S|Unit #413

66 Bay Street S, Unit #413

Hamilton, Ontario

1 Bedroom 1 Bathroom 832 sqft
Welcome to the vibrant lifestyle of Core Lofts in downtown Hamilton's west side. This trendy & modern 1 bedroom, plus den condo boasts soaring high ceilings, offering a spacious and airy ambiance. Situated conveniently close to hospitals and restaurants, it ensures both convenience and accessibility for residence. Included in this delightful package is 1 owned parking spot and locker. The condo fees include; Building Insurance, Central Air Conditioning, Exterior Maintenance, Heat and Water providing comfort throughout the seasons. As if that weren't enough, the pièce de résistance awaits atop the building, a beautiful rooftop patio, perfect for relaxing evenings or entertaining guests with stunning city views. This property is price to SELL get in before it's gone. Status certificate has been ordered. (id:51158)
Homes for sale in Hamilton
For sale $449,900
House For Sale in hamilton, 105 GERTRUDE STREET

105 Gertrude Street

Hamilton, Ontario

3 Bedroom 1 Bathroom
Welcome to this move in ready 2.5 storey in the family friendly Crown Point North area. This house has had some recent upgrades, including new light fixtures, new carpet, parging in the basement, and fully painted. Doors and windows installed, and bathroom and kitchen renovated 2019. This house is ideal for first time home buyers, small families or business professionals looking to be close to the highway, Tim Hortons Field, Centre on Barton, schools, parks, and loads of amenities. A lot of natural light on all floors create a warm and welcoming feeling for you and your family. Thank you for looking! **** EXTRAS **** Recent work completed: new light fixtures, new carpet, parging in the basement, and fully painted. Renovations completed in 2019: new windows, new doors, new kitchen, and new bathroom. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in toronto, 115 - 115 BONIS AVENUE

115 - 115 Bonis Avenue

Toronto, Ontario

2 Bedroom 2 Bathroom
Bright + Cheery. Impressive Beautiful Suite. Cute As A Button, South Facing & Updated Unit. Sparkling, Well Appointed & Pristine Move-In Ready. Great Layout- One of a kind design in the bldg. Master Bdrm has W/I Closet & ensuite bathroom with upgraded walk in shower with corner seat. Lots of Storage & lovely Hickory Engineered Hardwood Floors throughout. Exclusive Life Lease for Seniors 65+ Looking to enjoy A Resort-Style, Safe Home with many amenities: Pool, Gym, Library, Restaurant,Chapel, Hair Salon, Pharmacy, Cafe & Impressive Gardens. **** EXTRAS **** Fridge, Stove, Dishwasher, Washer & Dryer, Window Blinds & Curtains, Individually Controlled Heating & Air Conditioning, No Rentals in Bldg.100%Owner Occupied. Wheelchair Accessible. Perfect for Downsizers & Meeting New Friends (id:51158)
Homes for sale in Toronto
For sale $449,900
House For Sale in hamilton, 105 GERTRUDE Street

105 Gertrude Street

Hamilton, Ontario

3 Bedroom 1 Bathroom 1125 sqft
Welcome to this move in ready 2.5 storey in the family friendly Crown Point North area. This house has had some recent upgrades, including new light fixtures, new carpet, parging in the basement, and fully painted. Doors and windows installed, and bathroom and kitchen renovated 2019. This house is ideal for first time home buyers, small families or business professionals looking to be close to the highway, Tim Horton’s Field, Centre on Barton, schools, parks, and loads of amenities. A lot of natural light on all floors create a warm and welcoming feeling for you and your family. Thank you for looking! (id:51158)
Homes for sale in Hamilton
For rent $15,000 Monthly
House For Sale in toronto, 2601 - 50 YORKVILLE AVENUE

2601 - 50 Yorkville Avenue

Toronto, Ontario

2 Bedroom 3 Bathroom
Fabulous Four Seasons Private Residences, in the heart of Yorkville. Enjoy all the extraordinary amenities hotel living offers, in almost 2000 sq ft overlooking the city and lake. Wonderful views from floor to ceiling windows throughout, 10 ft ceilings, hardwood and stone floors, highly customized and professionally designed throughout. Bright open entertaining space with a contempory feel , exceptional primary bedroom with built in storage and walk in closet. 2nd bedroom set up as a den,with a built in king sized murphy bed for guests. Three marble baths, including soaking tub in primary ensuite. Eat in kitchen at the long breakfast bar, top of the line built in appliances. **** EXTRAS **** Some furniture built in, speak to LA for a list of what needs to remain.. (Note attached floor plan does not show built in cabinets/murphy bed, & some minor changes ) (id:51158)
Homes for sale in Toronto
For sale $489,000
House For Sale in toronto, 314 - 1470 MIDLAND AVENUE

314 - 1470 Midland Avenue

Toronto, Ontario

2 Bedroom 2 Bathroom
Welcome to 1470 Midland Avenue, Ste #314! Bright 2 bedroom/2 bathroom layout with spacious principal rooms, modern kitchen, ensuite laundry, plenty of storage space and more. Convenient location close to transit (TTC), access to highways (401), schools, parks, shopping and other amenities. Don't miss this One!! **** EXTRAS **** As Per Schedule (id:51158)
Homes for sale in Toronto
For sale $369,000
House For Sale in hamilton, 504 - 150 CHARLTON AVENUE E

504 - 150 Charlton Avenue E

Hamilton, Ontario

2 Bedroom 2 Bathroom
Welcome to #504-150 Charlton Avenue East., known as The Olympia, offering you urban convenience at its best. Located in the heart of the Corktown neighborhood and only minutes to the Augusta and James St., local business area and most other amenities, local parks, St. Joseph's hospital, transit, schools, walking trails, the Go station. The property offers 2 good sized bedrooms, spacious living room and separate dining area, 1.5 baths and lots of storage, the overall comfort and function is enhanced by a floor plan that magnifies the overall square footage and facing north there is no lack of natural light from the floor to ceiling windows and the private balcony. The building itself has been extensively updated and offers a premium suite of amenities, for example, an indoor pool, sauna, billiards, gym, squash court, party/meeting room, media room, sun deck. The bonus is the affordable condo fee that includes the heat, hydro & water expense making this an opportunity to enjoy very affordable living. (id:51158)
Homes for sale in Hamilton
For sale $495,000
House For Sale in toronto, 1007 - 35 SARANAC BOULEVARD

1007 - 35 Saranac Boulevard

Toronto, Ontario

1 Bedroom 1 Bathroom
Prime location, Remarkable price! Look no further than this Tridel-built Cranbrooke Village Condo. Spacious 1 bedroom layout, no wasted space floor plan with low maintenance. Unobstructed views of the city! Very Quiet Condo For You to Enjoy. Steps To Lawrence Plaza: 24 Hr Metro, Shoppers Drug Mart, Winners, Banks, Library. Minutes To Yorkdale. A short Bus to Subway. Unit Includes Ensuite Full Sized Laundry, Balcony. **** EXTRAS **** S/S Appliances, Ensuite Washer & Dryer, Existing Window Coverings and All Light fixtures. Building Offers It's Residents Amenities Such As A Gym/Exercise Room, Common Rooftop Deck, Party Room And Visitor Parking. (id:51158)
Homes for sale in Toronto
For sale $369,000
House For Sale in hamilton, 150 CHARLTON Avenue E|Unit #504

150 Charlton Avenue E, Unit #504

Hamilton, Ontario

2 Bedroom 2 Bathroom 996 sqft
Opportunity knocks , major price adjustment, seller wants action, asking price is below market. Welcome to #504-150 Charlton Avenue East., known as “The Olympia”, offering you urban convenience at its best. Located in the heart of the Corktown neighborhood and only minutes to the Augusta and James St., local business area and most other amenities, local parks, St. Joseph's hospital, transit, schools, walking trails, the Go station. The property offers 2 good sized bedrooms, spacious living room and separate dining area, 1.5 baths and lots of storage, the overall comfort and function is enhanced by a floor plan that magnifies the overall square footage and facing north there is no lack of natural light from the floor to ceiling windows and the private balcony. The building itself has been extensively updated and offers a premium suite of amenities, for example, an indoor pool, sauna, billiards, gym, squash court, party/meeting room, media room, sun deck. The bonus is the affordable condo fee that includes the heat, hydro & water expense making this an opportunity to enjoy very affordable living. (id:51158)
Homes for sale in Hamilton
For sale $429,900
House For Sale in toronto, 217 - 1177 YONGE STREET

217 - 1177 Yonge Street

Toronto, Ontario

1 Bedroom 1 Bathroom
Rarely offered roomy one bedroom suite in a boutique low-rise Olympia and York built building right on Yonge St--The Ports. Mere steps to the subway, and some of the best shopping and dining in the city--certainly the nicest LCBO (the historic Summerhill Station). 980+ sq. ft. of living space. Separate Kitchen with pass-through to dining room. 4 piece ceramic bath with Roman Tub and separate shower. **** EXTRAS **** One parking space and one large locker just in front of it. Guest parking underground. Tennis Court and treed park-like grounds over the subway just on the east side. (id:51158)
Homes for sale in Toronto
For sale $475,000
House For Sale in toronto, 330 - 25 BAMBURGH CIRCLE

330 - 25 Bamburgh Circle

Toronto, Ontario

2 Bedroom 1 Bathroom
Tridel Built Condo, 1 Bedroom plus a Sunroom, 933Sf As Per MPAC. Great Layout, Very Convenient Location, and Good School Area! Bright & Spacious, En-Suite Laundry. Updated Bathroom, Freshly Re-Painted, New Lights. Walks To Foody Market And T&T Supermarket, Steps To Ttc Stop, Schools, Restaurants, Shops, Library, Park, Hwy 404, And More! Fabulous Recreation Facilities: 24-Hour Security Gate House, Outdoor & Indoor Swimming Pool, Exercise Room, Etc. Please Note Virtual Staging For Illustration Purpose Only! **** EXTRAS **** All Existing Electric Light Fixtures & Window Coverings. Fridge, Stove, Exhaust Fan, B/I Dishwasher, En-Suite Laundry, Washer & Dryer. ALL SOLD \"AS IS\" CONDITION. Please Note Virtual Staging For Illustration Purpose Only! (id:51158)
Homes for sale in Toronto
For sale $450,000
House For Sale in toronto, 205 - 3390 WESTON ROAD

205 - 3390 Weston Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Located on 2nd level, 2 Bedroom, Two Storey Spacious Condo, Excellent Location, Large Open Balcony, Close To Schools , TTC, Parks, Shopping And Major Highways. One Of Two Storeys On Sale. LRT Is Coming Soon. Indoor Swimming Pool, Sauna, Exercise Room, Party Room, Visitor Parking, Front Lobby Recently Renovated. Worth Seeing. Century Gardens Building Name. The 2 Bedrooms are located on the 2nd Level, & the Kitchen, Dining Room & Living Room are located on the Main Level. Diamond in the rough, needs TLC. Space below the stairways can be used as huge storage. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, 415 - 90 GLEN EVEREST ROAD

415 - 90 Glen Everest Road

Toronto, Ontario

2 Bedroom 1 Bathroom
*Free maintenance for a year or equivalent cash on closing* Explore this exquisite 1 bed +den unit facing south in the Birchcliffe/Cliffside area, and close to the Scarborough Bluffs, offering an ideal WFH space. Positioned in a non-rent controlled building w high rentability, this unit features an open-concept layout, wood flooring, living room/dining room with w/o balcony. Kitchen is equipped w stainless steel appliances, integrated fridge & dishwasher, & a sleek glass backsplash. Convenience is elevated with an ensuite front-loading washer/dryer. The separate den serves as a perfect home office space. Stroll to the Bluffs, Lake Ontario, green spaces, Kingston Rd shops, restaurants, and public transit. Its proximity to downtown further heightens its appeal. Welcome to a residence that seamlessly blends style, functionality, and convenience whether you're a first-time buyer or an investor seeking a prime property, this unit is crafted to enhance both living and working experiences. **** EXTRAS **** Embark on an unparalleled living experience, with exceptional amenities incl media room, party room, concierge services, dog wash, gym, and a rooftop terrace that offers breathtaking panoramic views of the downtown core and the lake. (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.