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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
$389,999
10 Woodman Drive S|Unit #304, hamilton, Ontario

10 Woodman Drive S, Unit #304

Hamilton, Ontario

Welcome to 10 Woodman Dr S Unit #304 in Hamilton! This charming 1-bedroom, 1-bathroom condo offers the perfect blend of comfort, convenience, and contemporary living. Step inside and be greeted by the warm ambiance of laminate and ceramic floors that extend throughout the living space. Prepare your favourite meals in the eat-in kitchen, equipped with modern appliances and ample cabinet storage. The adjacent living room is bathed in natural light, creating a welcoming atmosphere for enjoying time with friends and family. The fully renovated bathroom is a sanctuary of modern luxury, featuring a sleek walk-in shower adorned with tasteful tile work and premium fixtures, ensuring rejuvenation after a long day. Unwind and take in the views from your private open balcony, a perfect spot for morning coffee or evening cocktails. Conveniently located just minutes away from the Red Hill, commuting and exploring the city has never been easier. Additionally, nearby grocery stores and restaurants provide endless dining and entertainment options right at your doorstep. With its unbeatable location, modern amenities, and tasteful updates, this condo offers a lifestyle of comfort and convenience that is truly unparalleled. Welcome home to your urban oasis! (id:51158)

1 Bedroom 1 Bathroom 605 sqft
For sale
$475,000
151 - 415 JARVIS STREET, toronto, Ontario

151 - 415 Jarvis Street

Toronto, Ontario

Enjoy Quaint & Quiet Living In This Lower Level Stacked Townhouse Studio With A Private Entrance &Large 130 Sqft Patio + Bonus Gas Bbq Hookup. Spacious Kitchen With Oversized Breakfast Bar. LargeWalk-In Closet. New laminate floors (2023), new appliances (2024) - Stove, Fridge, Microwave ,dishwasher, kitchen faucet, air conditioner. Hot water tank owned. This Is Urban Living At Its Best& Steps Away From Ryerson University, Yonge-Dundas Square, Allan Gardens & The Eaton Centre. All TheExcitement Of Downtown Toronto At Your Doorstep - Shops, Restaurants, Transit & More! Make It YoursToday! **** EXTRAS **** B/I Appliances (id:51158)

1 Bathroom
For sale
$449,900
1016 - 212 KING WILLIAM STREET, hamilton, Ontario

1016 - 212 King William Street

Hamilton, Ontario

Looking For A Great Location, Look No Further Than Unit For Sale in Kiwi Condos Downtown Hamilton. This Unit Is Located On The 10th Floor And Offers A Bright Living Space With A Spacious Bedroom + Den And A Massive Balcony. You Will Love The Modern Design And The Quality Construction Of This Condo. Plus, You Will Have Access To Amazing Amenities Like A Gym, A Yoga Studio And More. Don't Miss This Opportunity To Live In One Of The Most Desirable Buildings In The City! Motivated Seller. **** EXTRAS **** Amenities: Social Room With Kitchen Facilities And Fireplace; Fitness Facility With Yoga Studio; Rooftop Terrace With Firepits, Seating And Dining Tables; Tech Lounge; Pet Wash Area; Bike Storage/ Repair Station. (id:51158)

2 Bedroom 1 Bathroom
For sale
$419,900
144 SELKIRK AVENUE, hamilton, Ontario

144 Selkirk Avenue

Hamilton, Ontario

Fantastic opportunity for renovators, investors, or DIY enthusiasts!! One of the largest homes in the area, 144 Selkirk Avenue may just be the home for you. This 1.5 story house has an ideal layout, with a hard-to-find, 1124 sq ft of finished space above grade. On the main level, you will find a kitchen, living room, dining room with walk-out to the backyard, primary bedroom and full bathroom. Upstairs features 2 additional generous sized bedrooms and an additional walk-in closet. Also rare in this neighbourhood, this home features a full-height, 618 Sq ft unfinished basement, providing endless opportunities to add additional living space - another bedroom, bathroom, and/or recreational space! Fully fenced backyard and extra long driveway with parking for up to 3 vehicles. A little TLC will go a long way in this charming home. Transitioning area with many renovated homes in the neighbourhood. Proximity to transportation makes this property perfect for commuters - only 8 minute to the QEW, 16 minutes to the Hamilton GO Train Station, and 25 minutes to the Hamilton International Airport. Close to popular Hamilton attractions such as Dundurn Castle, various Hamilton waterfalls, conservation areas, and Gage Park. Wild Water Works and First Ontario Centre both within a 20 minute drive. Book at showing today! **** EXTRAS **** Interior painted - 2024. Roof - 2014. Updated kitchen cabinets & LVP flooring. Central A/C. Large garden shed in backyard. (id:51158)

3 Bedroom 1 Bathroom
For sale Open House
$299,999
350 CANNON STREET E, hamilton, Ontario

350 Cannon Street E

Hamilton, Ontario

Welcome to this charming and full-of-potential brick home! Nestled in a prime location near trendy James Street, Hamilton General Hospital, and a vibrant recreation center, this property offers both convenience and lifestyle. This solidly built brick home boasts a timeless appeal, with the opportunity for you to add your final touches to restore it to its original glory or transform it into your dream modern oasis. Whether you envision preserving its classic character or infusing it with contemporary design elements, the possibilities are endless. Outside, you'll find a generous yard, perfect for outdoor entertaining, gardening, or simply relaxing in the sunshine. With its desirable location and boundless potential, this property presents an exciting opportunity to create the home you've always envisioned. Schedule a viewing today and start imagining the possibilities! **** EXTRAS **** 2 car parking potential in backyard. (id:51158)

5 Bedroom 2 Bathroom
For sale
$399,000
913 QUEEN STREET E, toronto, Ontario
Restaurant

913 Queen Street E

Toronto, Ontario

The famous Leslieville Pumps General Store & Kitchen is available for purchase! This stalwart in Leslieville since 2010 and while the gas station has been gone for some years, the general store and restaurant still boast very impressive numbers and profitability on top of income for hands-off passive ownership. Located on the south side of Queen East in the heart of Leslieville between between Logan and Morse. Training to be provided. Please do not go direct or speak to staff or ownership. **** EXTRAS **** Great lease rate of $6,032 Gross including TMI with 1 + 5 + 5 + 5 years remaining. Limited seating inside this QSR/convenience store hybrid. Big 12-foot commercial hood and one big walk-in fridge. (id:51158)

1000 sqft
For sale
$299,900
1095 ELLESEMERE ROAD W, toronto, Ontario
Restaurant

1095 Ellesemere Road W

Toronto, Ontario

Prime Busy Corner location in Scarborough, Restaurant for sale at Ellesmere and Midland in Toronto, Ontario.Super Easy Turnkey Brand New, Fully Equipped Kitchen with Top of the line Equipment. Great Signage, Exposure, and Traffic Count. Plaza parking, public transportation, Surrounded by Residential and Commercial. Can be converted to approved food type. Professional Branding. Currently Serving Indian Food. Option to purchase as Franchise Butter Chick, by KFI Sauces company in the stores, is available with training and licensing agreement for the qualified buyer. Can be easily run by anyone even if you are not a chef. Lots of potential. **** EXTRAS **** List Of Chattels And Equipment Available. (id:51158)

800 sqft
For sale
$475,000
1823 - 165 LEGION ROAD N, toronto, Ontario

1823 - 165 Legion Road N

Toronto, Ontario

Live & enjoy downtown living with this bright and open one bedroom condo with an amazing view! Live it up with incredible lifestyle amenities. landscaped rooftop garden, sauna, squash court, yoga/aerobics studio, indoor-outdoor whirlpools, bbq patio, TTC at your door step, easy access to hwy, parks & shopping. (id:51158)

1 Bedroom 1 Bathroom
For sale
$429,900
1002 - 238 ALBION ROAD, toronto, Ontario

1002 - 238 Albion Road

Toronto, Ontario

This Spacious 2 Bedroom, 1 Bathroom Condo w/ upgraded kitchen, & laminate flooring throughout is move in ready. Offering space and breathtaking city views from the walk out terrace. The primary bedroom features his/hers closet with ample space for a king size bed. With ensuite laundry, and 1 underground parking space. Ideal for first-time buyers or families seeking a blend of affordability and luxury. Plus, all utilities are included maintenance fee! **** EXTRAS **** Fridge,Stove, Microwave, washer and dryer (id:51158)

2 Bedroom 1 Bathroom
For sale
$60,000
725 KENNEDY ROAD, toronto, Ontario

725 Kennedy Road

Toronto, Ontario

Fast Growing Business In Major Intersection. Located In Established Plaza With Many Parkings. Surrounded By Lots Of Residential Buildings, Business Include But Not Limited To Nail, Manicure, Pedicure, Esthetic, Laser, Facial, Eyelash Ext., Waxing,And More,Lots Of Return And Walk In Customers **** EXTRAS **** Low Rent $2112.02 Include Tax,$89 Insurance/Month,Current Lease Till August ,2025 And Can Be Renew, Average Monthly Net Profit 8000+,Seller Relocation,Please See Attached List Of Inventory (id:51158)

1 Bathroom 800 sqft
For sale
$499,000
303 - 16 HARRISON GARDEN BOULEVARD, toronto, Ontario

303 - 16 Harrison Garden Boulevard

Toronto, Ontario

** Location! Location! ** One Of The Best Location In North York, Huge Balcony With Gorgeous Garden View, Magnificent Layout In Luxury Shane Baghai Built, Lovely & Bright One Bedroom Condo, Move-in Condition, Open Concept, Comes With One Parking & One Locker. Includes: 24hr Security, Guest Suite, Party Room, Indoor Pool, Gym, Sauna, Rec Room, Etc. Note: All Utilities Included In Condo Fee! Steps To TTC, Subway Line 1 To Downtown Toronto & Line 4 To East (Bayview Village, Fairview Mall, T&T Supermarket) , Park, Restaurants, Banks, Supermarkets; Closes To Bayview Village, Fairview Mall, Yorkdale Shopping Centre, Hwy 401 And Hwy 404. All Amenities You Need Nearby! **** EXTRAS **** All Existing Electric Light Fixtures, Stainless Steel Fridge, Stove, Range Hood, Built-In Dishwasher, Microwave, Washer, Dryer (As-Is), All Existing Window Coverings, Underground Parking Remote. (id:51158)

1 Bedroom 1 Bathroom
For sale
$99,900
6 - 495 WALKERS LINE, burlington, Ontario

6 - 495 Walkers Line

Burlington, Ontario

Low investment to buy yourself a job and be your own boss, turnkey business available for your investment, Well established variety store, over 40 yrs in business. easy to operate, great for family business, as per Seller: approximately $470k/yr gross sales, tobacco sales is about 60% of the gross sales, net profit about $70k/yr, plus approximately $37/yr net commission of lotto sales. Rent $3560/mo, new lease in place ending in March 2029 (5+5 yrs). **** EXTRAS **** motivated Seller, great price for great business. (id:51158)

1124 sqft
For sale
$499,000
1501 - 15 LOWER JARVIS STREET, toronto, Ontario

1501 - 15 Lower Jarvis Street

Toronto, Ontario

Step Into Luxury Living At Daniels Waterfront Condos ""The Lighthouse Tower West"", Where Sophistication Meets Comfort. This Bright, Tastefully Finished Unit Boasts Numerous Upgrades, Elevating It To The Epitome Of Modern Elegance. Enjoy Breathtaking, Partially Obstructed Views Of Lake Ontario From Your Own Private Sanctuary. The Sleek, Open-Concept Kitchen Is Equipped With Top-Of-The-Line Appliances, Perfect For Culinary Enthusiasts And Entertainers Alike. Step Out Onto The Extra-Large Balcony And Immerse Yourself In The Tranquil Beauty Of The Waterfront. With One Locker Unit Included, Convenience Is At Your Fingertips. Indulge In World-Class Amenities Such As 24-Hour Concierge Service, A State-Of-The-Art Fitness Centre, Outdoor Pool, BBQ Terrace, Tennis/Basketball/Bocce Courts, Arts & Crafts Room, Music Studio, And More. Enjoy The Outdoor Cocktail Pool & Sun Deck With Breathtaking Skyline Views. Prime Location Near TTC, Billy Bishop Airport, The PATH, George Brown College, St. Lawrence Market, Sugar Beach, CN Tower & Island Ferry. A Unique Blend Of Luxury, Convenience, And Vibrant City Living Awaits You. A Must See! You Will Fall In Love With This Home! **** EXTRAS **** All Existing Window Coverings & Light Fixtures. Washer & Dryer. All Miele B/I S/S Fridge, Cooktop, Oven, Dishwasher, Microwave & Range Hood. *One Locker Included!* (id:51158)

1 Bedroom 1 Bathroom
For sale
$495,000
407 - 1 REAN DRIVE, toronto, Ontario

407 - 1 Rean Drive

Toronto, Ontario

Fabulous Daniels' Built Ny Towers In Prime Bayview Village. Bright And Spacious Layout, 587 Sqft One Bedroom Suite, New Laminate Flooring Throughout, Open Concept, Modern Kitchen, Open Balcony, Primary Bedroom W/ Walk-In Closet & Large Window, Great Amenities, 24/7 Concierge, Indoor Pool, Exercise Room, Barbecue Place, Party Room, Visitors Parking, Steps To Subway, Bus Stations, Close To Highways (401 & Dvp), Hospital, Ymca, Schools, Restaurants And Bayview Village Shopping Mall, Absolutely Convenient! **** EXTRAS **** Existing Appliances: Fridge, Stove, Range Hood, Dishwasher, Washer & Dryer; All Window Coverings As-Is Condition; All Electrical Light Fixtures; One Parking; One Locker. Utilities Incl. (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,999
65 SPEERS Road Unit# 105, oakville, Ontario

65 Speers Road Unit# 105

Oakville, Ontario

Welcome To This Bright & Open 1-bed Condo Located in the Prestigious Kerr Village of Oakville. This freshly painted ground floor unit has 9' ceilings and walks out to your own private patio. Floor-To-Ceiling Windows Allow for Abundant Sunlight Throughout The Entire Day! The Kitchen Comes Complete w/ Stainless Steel Appliances, A Pristine Backsplash, granite countertop & Opens To Living & Dining Room Allowing For The Perfect Space for Spending Time w/ The Family & Entertaining. The generous bedroom also has floor to ceiling windows and opens to your private patio. This Pet-Friendly Building Comes Equipped w/ 24-Hr Concierge, Guest Suites, Gym, Large Indoor Pool, Sauna, Event Space, Terrace w/ 2 BBQs, EV Chargers & Much More. This prime Oakville location offers more than just a stunning residence; it presents a lifestyle of convenience & connectivity. (id:51158)

1 Bedroom 1 Bathroom 553
For sale
$485,000
228 - 3465 PLATINUM DRIVE, mississauga, Ontario

228 - 3465 Platinum Drive

Mississauga, Ontario

Looking for a commercial office unit in a prime location in GTA West for your new, current, or future business? Look no further! Located in a high-traffic new plaza that already has many businesses and restaurants, this unit offers great exposure and is situated in a prime spot at 9th Line and Eglinton Ave. With approximately 711 square feet, this unit is perfect for a variety of different uses. Don't miss out on the chance to be a part of this thriving business community. **** EXTRAS **** Ample parking available! Furthermore, this unit has easy access to major highways such as Hwy407/403 and QEW, making it convenient for you and your customers to reach your business from all directions. (id:51158)

711 sqft
For sale
$489,000
213 - 402 THE EAST MALL, toronto, Ontario

213 - 402 The East Mall

Toronto, Ontario

Welcome to the residences at 4Hundred The East Mall. 3 Years New! This thoughtfully designed unit boasts an array of features that cater to contemporary living. The open concept floor plan and 9ft ceiling offer ample space for relaxation and entertainment and access to a private balcony! Large windows flood the interior with natural light, creating an inviting ambiance throughout! The kitchen features modern European designed cabinetry, sleek granite countertops and stainless steel appliances. The spacious bedroom features large closet and picture window offering a comfortable retreat ideal for unwinding after a busy day. Zebra Blinds on all windows and bedroom to provide privacy when required. Convenient In-Suite Laundry with Stacked Washer and Dryer. Condo Living without waiting for elevators! Fantastic amenities such as outdoor fitness equipment, a party room with kitchen, outdoor BBQ and patios, Fitness Room, games room, multiple bike racks & visitors parking. **** EXTRAS **** Location Location Location. Only minutes to Highway 427, Highway 401, and QEW! TTC at doorstep and Walk to Shopping, School, Library and Park! (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,999
105 - 65 SPEERS ROAD, oakville, Ontario

105 - 65 Speers Road

Oakville, Ontario

Welcome To This Bright & Open 1-bed Condo Located in the Prestigious Kerr Village of Oakville. This freshly painted ground floor unit has 9' ceilings and walks out to your own private patio. Floor-To-Ceiling Windows Allow for Abundant Sunlight Throughout The Entire Day! The Kitchen Comes Complete w/ Stainless Steel Appliances, A Pristine Backsplash, granite countertop & Opens To Living & Dining Room Allowing For The Perfect Space for Spending Time w/ The Family & Entertaining. The generous bedroom also has floor to ceiling windows and opens to your private patio. This Pet-Friendly Building Comes Equipped w/ 24-Hr Concierge, Guest Suites, Gym, Large Indoor Pool, Sauna, Event Space, Terrace w/ 2 BBQs, EV Chargers & Much More. This prime Oakville location offers more than just a stunning residence; it presents a lifestyle of convenience & connectivity. **** EXTRAS **** Minutes from Oakville GO Station, Kerr Village & Downtown Oakville, Oakville Place, Hwy 403, Lake Ontario, Shops, Schools, Doctor's Offices, Stores, Restaurants, & Much Much More. (id:51158)

1 Bedroom 1 Bathroom
For sale
$498,000
221 - 3841 LAKE SHORE BOULEVARD W, toronto, Ontario

221 - 3841 Lake Shore Boulevard W

Toronto, Ontario

Attention first time buyers and investors! This is the one you've been waiting for!! Bright and spacious Lakeshore Park Estates condo in prime Long Branch neighbourhood. Two spacious bedrooms and a full bathroom. Open concept living & dining area with walk-out to a private balcony and south views overlooking the green space. Professionally painted in neutral designer palette. One underground parking and ensuite locker included. Quiet low-rise building located within walking distance to GO/TTC at Long Branch, schools, Marie Curtis Park, trails along the lake, shopping, cafes and dining. Easy access to QEW/427, the airport and downtown. Welcome Home! **** EXTRAS **** Pet allowed only if service animal. (id:51158)

2 Bedroom 1 Bathroom
For sale
$275,000
213 - 1550 SOUTH GATEWAY ROAD, mississauga, Ontario
Personal Services

213 - 1550 South Gateway Road

Mississauga, Ontario

Amazing Opportunity To Own your building unit currently operating as Executive PRO 5 PHYSIO CLINIC INC possible to Dentist Medical Offices Located In Dixie Park Mall In Mississauga, Turnkey PRO 5 PHYSIO CLINIC Physio unit Featuring 2 Fully Equipped Operatories, 1 X-Ray Room, Patient Waiting Area, Kitchenette, Reception & Office private own washroom in unit Very Well Maintained Unit With Rare Opportunity To Locate Your Physio, Medical, Dental Office In The High Traffic Mall, Minute To Major Highways. Lots Of Parking, Close To Public Transit. **** EXTRAS **** Price for Building unit 213. All Chattels & Equipment, (and good will 75,000.00 negotiable). currently running profitable PRO 5 PHYSIO CLINIC INC, can easily practice Dental, medical doctors' office Clinic License Is In Place, Just Movie. (id:51158)

620 sqft
For sale
$419,900
144 SELKIRK Avenue, hamilton, Ontario

144 Selkirk Avenue

Hamilton, Ontario

Fantastic opportunity for renovators, investors, or DIY enthusiasts!! One of the largest homes in the area, 144 Selkirk Avenue may just be the home for you. This 1.5 story house has an ideal layout, with a hard-to-find, 1124 sq ft of finished space above grade. On the main level, you will find a kitchen, living room, dining room with walk-out to the backyard, primary bedroom and full bathroom. Upstairs features 2 additional generous sized bedrooms and an additional walk-in closet. Also rare in this neighbourhood, this home features a full-height, 618 Sq ft unfinished basement, providing endless opportunities to add additional living space - another bedroom, bathroom, and/or recreational space! Fully fenced backyard and extra long driveway with parking for up to 3 vehicles. A little TLC will go a long way in this charming home. Transitioning area with many renovated homes in the neighbourhood. Proximity to transportation makes this property perfect for commuters - only 8 minute to the QEW, 16 minutes to the Hamilton GO Train Station, and 25 minutes to the Hamilton International Airport. Close to popular Hamilton attractions such as Dundurn Castle, various Hamilton waterfalls, conservation areas, and Gage Park. Wild Water Works and First Ontario Centre both within a 20 minute drive. Book at showing today! (id:51158)

3 Bedroom 1 Bathroom 1124
For sale
$488,800
2006 - 33 SINGER COURT, toronto, Ontario

2006 - 33 Singer Court

Toronto, Ontario

Bright and Spacious 1-Bedroom Condo Unit with a Large Balcony Offering Unobstructed West Views and Floor-to-Ceiling Windows. It is Situated on a High Level Floor. Brand New Laminate Flooring and Wall Paint Give the Unit a Refresh & Modern Look. Located in the Master-Planned Community in North York by Concord Adex. It Offers One Bedroom, Open Concept Living Space with a Granite Waterfall Island that Can Seat Up to 4 People, 1 Underground Parking Space and 2 Lockers for Extra Storage. This Discovery Concord Park Place is Surrounded by Amenities Within Steps Away Such As Schools, Parks, North York General Hospital, McDonalds, Canadian Tire, IKEA, Starbucks, and more! Also, Its Very Close to Fairview Mall, Bayview Village Shopping Centre, Groceries, and the Famous Yonge Street. This Central Location Ensures Easy Access to Both Public Transit and Major Highways, with Leslie Subway Station, Oriole GO Train and Minutes to Hwy 401 & Hwy 404. Enjoy Fantastic Amenities Including 24-Hours Security, Indoor Pool, Gym, Basketball/Badminton Court, Karaoke Room, Kid Zone, Pet Spa, Party Room, Pool Table, and More! Perfect for Professionals, Couples, Students, Investors, and Beyond, this Condo Offers Convenience and Comfort in an Unbeatable Location. **** EXTRAS **** Stainless Steel Appliances Including Full Sized Refrigerator, Smooth Cooktop with Oven, Rangehood, Dishwasher, Clothes Washer-Dryer Combo Machine & ELF's. (id:51158)

1 Bedroom 1 Bathroom
For rent
$18,000 Monthly
19 GARDINER ROAD, toronto, Ontario

19 Gardiner Road

Toronto, Ontario

Fabulous Executive Home in Forest Hill South. Close to UCC and BSS as well as TTC and shops. Totally luxury renovation from the top to bottom. 6 bedrooms with 7 bathroom. Chef's Kitchen, large principal rooms, Grand Master with spa like ensuite with heated floor. Finished lower level with heated floors, Nanny room in basement. Built-in Garage, 3 HVAC units. Professionally landscaped Front/Back Yard. Some furniture is available with extra cost. **** EXTRAS **** Thermador B/I Fridge/Freezer, D/W, Double Oven & gas stove, Marvel bar Fridge, LG W& D, New Kinetico water softener and filter system, new tankless heater. All window coverings: new customized shangri la blinds (id:51158)

7 Bedroom 7 Bathroom
For sale
$499,999
611 - 16 HARRISON GARDEN BOULEVARD, toronto, Ontario

611 - 16 Harrison Garden Boulevard

Toronto, Ontario

This bright one bedroom condo is perfect for first time home buyers, empty nesters or investors. The kitchen features stainless steel appliances, granite countertops and a breakfast bar. The combined living and dining room has hardwood floors and a walk out to the spacious balcony. The bedroom has a double closet and large windows. Ensuite laundry and a four piece bathroom finish off this suite.This unit includes one underground parking spot and a locker. The building amenities include an indoor salt water pool, sauna, guest suite, party/meeting room, library, patio with gas barbeques, exercise room and visitor parking. This property is located in North York, close to parks, shopping, restaurants, public transit including the Sheppard-Yonge Subway Station and Highway 401. For additional convenience, a pharmacy & a 24 hour grocery store are located on the ground level. (id:51158)

1 Bedroom 1 Bathroom

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.