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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..
28 Victoria Avenue N, Unit #313
Hamilton, Ontario
Welcome to Victoria Manor! Located just east of downtown, this newly renovated 1 bedroom, 1 bathroom condo is perfect for first-time homebuyers, investors or healthcare workers seeking a convenient commute. Condo upgrades include a new glass shower, quartz counter in kitchen, ceramic tiles, new upgraded plumbing and a washer/dryer combo. The condo is situated in prime location close to transit, restaurants, hospital, coffee shops and a nearby park. Also included are assigned parking and storage unit in the basement for added convenience. Don’t miss out on this fantastic opportunity. (id:51158)
#201 -188 Fairview Mall Dr
Toronto, Ontario
Welcome to the New 1 Bedroom + Den Verde Condo With 2 Washrooms. Den upgraded with sliding door, Can Be Converted To 2nd Bedroom. Open Concept Kitchen With Morden Design. Primary Bedroom With Closet And 4 Pc Ensuite. Walking Distance To Fairview Mall, Ttc And Subway Station. **** EXTRAS **** Fridge, Stove, Dishwasher, Washer, Dryer, Microwave (id:51158)
#953 -151 Dan Leckie Way
Toronto, Ontario
Bright South-Facing Unit! Rarely Offered Wide-Open-Concept Bachelor At Parade 2 ! Zero Wasted Space, Straight Rectangular Unit W/ Proper Living Room! Unobstructed View Of The Canoe Landing Park, Nothing To Be Built In Front! Extended Pantry In Kitchen. Close To Entertainment, Restaurants & Transit! Most Spacious Bachelor You Can Find Here! Steps From Library & Sobey's. Club Parade Offers Amazing Amenities For Your Use! **** EXTRAS **** All Existing Fridge, Stove, Microwave With Fan, Washer And Dryer Included. Still Allow Air B & B for this Building. (id:51158)
#1207 -90 Dale Ave
Toronto, Ontario
Welcome to 90 Dale Unit 1207, where timeless charm harmonizes effortlessly with modern convenience! This spacious 1,100 square foot two-bedroom, two-bathroom unit offers breathtaking southwest views of the lake and city skyline. Boasting the largest unit in the building, revel in an open-concept layout showcasing a galley kitchen adorned with a chic breakfast bar and gleaming stainless steel appliances. Here, the fusion of style and practicality is perfected with the added luxury of ensuite laundry and ample storage space, ensuring seamless living. With plentiful natural light throughout the day, the space feels inviting and expansive, while in the evenings, you can enjoy stunning sunset lake views. Conveniently located, residents have easy access to TTC, Via Rail, and Guildwood Go Station, ensuring a stress-free commute. Explore nearby attractions such as Scarborough Golf Club, Scarborough Bluffs, Guild Park & Gardens, and a variety of restaurants. **** EXTRAS **** N11 has been signed. Unit will be vacant as of June 15th. (id:51158)
#5g -8 Rosebank Dr
Toronto, Ontario
Welcome to this spacious suite featuring 1 + 1 condominium (Like a 2 Bedroom) and a U-shaped kitchen. Boasting 730 square feet of living space plus spacious balcony, this cozy, yet spacious, unit offers a practical layout. Open concept with amazing views of the city line. Full sized Stainless Steel Kitchen appliances and granite counter-top, complemented with abundant cabinetry for storage. Recently refreshed with a fresh coat of paint and brand new broadloom, this unit offers comfort and style. Conveniently located 0 mins away from Hwy 401, close to all amenities, Scarborough Town Centre, Groceries, Centennial College and TTC with direct bus to existing subway. Enjoy tons of nearby amenities. Just a short walk from the future Sheppard subway station! Welcome to this beautiful place you can call home. **** EXTRAS **** Low Condominium fees include Heat, Water, Bldg Ins, Parking, Common areas and amenities, 24 Hr. Security/Concierge, Gym, Games/Media Room, Guest Suite, Party Room. Professionally painted with Brand New Broadloom laid in the bedrooms. (id:51158)
#505 -60 Pavane Linkway
Toronto, Ontario
Toronto's Hidden Gem!! Absolutely Stunning. A Must See! Luxurious And Immaculately Renovated 3 Bdrms, 2 Full Bthrms Condo In An Amazing Central Location, With Functional Floor Plan, Modern Kitchen, Newer Cabinets, Stainless Steel Appliances, Quartz Counter And Island. Primary's Bathroom En-Suite Has Spa Style Full Bathroom. Large Open Balcony Facing A Zen Like Ravine, Don River And Some Of Toronto's Best Walking/Hiking/Biking Trails. Locker Included. Steps To TTC, Very Easy Access To DVP, Minutes To Downtown/401/Gardner, Lakeshore, Costco, Superstore, Gas Stations, Schools, Parks, Golf, Places Of Worship And So Much More. Condo Fees Includes All Utilities Along With TV Cable And Wi-Fi. **** EXTRAS **** Fridge, Stove, Dishwasher, Washer & Dryer, Modern Light Fixtures (id:51158)
#807 -2323 Confederation Pkwy
Mississauga, Ontario
Spacious 1,300 sq ft unit, perfect for family sized living with clear South East views! Prime location, close to Cooksville Go Train, QEW and steps away from the future Hurontario LRT transit line. Within walking distance to schools, parks, shopping plazas & Conveniently located very close to Trillium Hospital (future site of the much anticipated new Mississauga Hospital). Lifetime granite surround shower walls with sliding doors, Within minutes drive to the popular Port Credit area where you'll find numerous waterfront trails, parks & marinas, cafes, restaurants and more! **** EXTRAS **** Fridge, Stove, Dishwasher, Supplementary Baseboard Heating, 1 Locker And 1 Underground Parking Included. Fantastic Value For A 3+1 Bedroom Condo! (id:51158)
#306 -785 Brown's Line
Toronto, Ontario
Spacious 3 bedroom unit on lower level with laminate flooring throughout. Lots of storage. High ceilings and large windows. Property has outdoor inground pool. Conveniently located beside FarmBoy and Dollarama. Has one car underground parking. (id:51158)
#2115 -1928 Lake Shore Blvd W
Toronto, Ontario
Welcome to Mirabella Condos, where luxury meets comfort! This bright and spacious 1-bedroom unit has been thoughtfully designed to maximize space and comfort. The gourmet kitchen boasts quartz countertops and stainless steel appliances, creating an inviting space for culinary delights. Step onto the Walk-Out Balcony to be greeted by a westerly view of Lake Ontario and the breathtaking sunset a perfect spot for sipping morning coffee or enjoying the evening ambiance. The amenities are tailored for your convenience, featuring a 24-hour concierge, indoor pool, and visitor parking. Situated mere steps from picturesque walking trails along the lake, Mirabella offers a serene escape. Additionally, it's just minutes away from the trendy Bloor West Village, providing easy access to shopping, dining, and public transit. Seize the opportunity to experience the pinnacle of luxury living book your viewing of Mirabella today! **** EXTRAS **** This Stunning Unit Comes Fully Equipped With Top-Of-The-Line Stainless Steel Samsung Appliances, Including A Fridge, Cooktop Stove, Built-In Oven, Built-In Microwave, And Built-In Dishwasher. (id:51158)
#515 -3091 Dufferin Ave
Toronto, Ontario
This Condo's Amazing Location Makes For Easy Travelling! Close to Subway, Public Transit, Yorkdale Mall, Shops and Restaurants, this Bright Unit Features Beautiful Laminate Flooring, a Clean Kitchen and Open Balcony with An unobstructed View of The Skyline! (id:51158)
#418 -816 Lansdowne Ave
Toronto, Ontario
Spacious Affordable One Bedroom Plus Parking! Conveniently Located In Toronto's Between Junction and Toronto's New ""Art District"" ,Close To Subway, TTC,UP Express, Malls, Bloor Court Shops And Trendy Geary Ave Strip!! Almost 600 Sq ft Of Living With Sunny Bright West Exposure! Enjoy Gorgeous Sunsets From Your Open Balcony! Great Open Concept Layout with laminate floors, breakfast bar and stainless steel appliances! Great Tenant is willing to stay on if needed! (id:51158)
682 Bloor St W
Toronto, Ontario
Opportunities to own Successful Bubble Tea and Coffee Shop in the Heart of Korean Town, high foot traffic with many Young Loyalty Customers. Steps to Christy Subway Station and Christy pits Park. Easy to operate and generate good income from walk in, Festivals and Events. Seller willing to train and pass on all recipes. (id:51158)
#603 -4 Park Vista
Toronto, Ontario
Beautiful and unique 750 sqft condo with a Ravine View, in the Upper Beaches. Park Vista is the Hidden Gem of the East, directly facing Taylor Creek Park, offering a mix of convenient apartment living, while also granting access to beautiful trails and green space. The unit includes: ensuite laundry, a large bedroom with a walk-in closet, and direct access to washroom. The most unique feature: an office surrounded by glass, and full of sunlight. Walking distance to 2 subway stations, restaurants, entertainment and shopping. Great selection of condo amenities including a gym, sauna, and hot tub. (id:51158)
#213 -10 Mendelssohn St
Toronto, Ontario
Beautiful & Bright, East Facing 1 Bedroom Condo W/Underground Prkg, Large W/O Balcony W/West View & Located In A Great Neighbourhood. Laminate & Ceramic Floors T/O With Open Concept Living/Dining/Kitchen Area & Ideal Layout Overall. Great Opportunity For Investment &/or For Primary Living & Enjoy The Condo Life. Just Minutes To Shopping Plaza's (Golden Mile Shopping Centre), Eglinton LRT, Schools (W.A Porter Collegiate High School, Centennial College), Parks (Clairlea Park Arena), Providence Healthcare, Stroll Along & Explore Taylor Creek Park, Warden Hilltop Community Centre At Next Door, Short Commute To Warden Subway Station W/24 Hrs TTC Bus Route & Minutes To Downtown Toronto Via Don Valley Parkway & More. **** EXTRAS **** Steps to Public Transit, Shopping Mall & All amenities including Convenience Store, Hair Salon, Spa & Massage right below the Condo. (id:51158)
9 John St N
Hamilton, Ontario
Central location restaurant in downtown Hamilton for sale, lot of traffic and great potential for your business. Apartment buildings, condos and offices bring good customers to this restaurant. $$$ has been spent in 2023 to renovate this unit to a restaurant including kitchen, HVAC, exhaust, fire prevention and washroom etc. Ideal for restaurant, cafe, retail, etc. A turnkey operation that is waiting for you. **** EXTRAS **** n/a (id:51158)
#ph04 -275 Yorkland Rd
Toronto, Ontario
Enjoy this 9'' Ceiling Corner Views from the Highest Floor with Very Bright Open Concept. East View With Large Balcony! This Unit Boasts a Practical Layout with Laminate Flooring and Floor-to-ceiling Windows that Brighten the Space with Natural Light. Perfectly Positioned with Easy Access to Highways 401, 404, and 407. Steps to TTC Subway Access, T&T Supermarket & Fairview Mall. Amenities include Guest Suites, Media Room / Cinema, Meeting / Function Room, Parking Garage, Security Guard, Enter Phone System and a Spa. **** EXTRAS **** 1 parking spot and 1 locker, S/S Fridge, Stove, B/I Dishwasher, Microwave, Washer & Dryer, All Electrical Light Fixtures. (id:51158)
##506 -85 Mcmahon Dr
Toronto, Ontario
Luxurious Condominium Building In North York By Concord - Seasons 2. Two Br 720Sf Large Living Room +110Sf Large Balcony. 9'Ceiling, Floor To Ceiling Windows, Laminate Floor Throughout, Premium Finishes, Roller Blinds, Quartz Countertop, Built-In Miele Appliances. Easy Access To Bessarion & Leslie Subway Station, Go Train Station. Features Touchless Car Wash. Access To 80,000Sf Megaclub; Tennis/Basket Crt/Swimming Pool/Dance Studio/Formal Ballroom Etc. **** EXTRAS **** Miele Appliances (Fridge, Oven, Stove, Rangehood, Dishwasher), Miele Washer/Dryer, Parking And Locker Included. (id:51158)
#2304 -125 Redpath Ave
Toronto, Ontario
Menkes' The Eglinton. Rare 1 Bedroom in Toronto's Prime Midtown * Large Balcony With Unobstructed City View * Laminate Floor Throughout * Luxury Stainless Steel Appliances * Modern Kitchen With Backsplash & Quartz Counter * Walk To Subway, Eglinton Center, Theater, Supermarket & Restaurants **** EXTRAS **** S.S Range Cook Top, Microwave/Exhaust Fan, B/I D/W, Panelled Fridge, Stack Washer/Dryer, All Elfs.One Locker. (id:51158)
#420 -170 Sudbury St
Toronto, Ontario
This is the one you've been looking for! Quintessential Queen West condo living in this beautiful and functional 2 bedroom 1 bath loft. Approximately 650 sq ft, this unit features soaring 10 foot ceilings, floor-to-ceiling windows and exposed ductwork. With an unobstructed west view, the unit comes with custom built-in storage in the kitchen, primary, and second bedrooms. The kitchen features a stone backsplash, granite countertops, and stainless steel fridge, stove, dishwasher, and microwave. Sip your morning coffee on the walk-out balcony off the primary bedroom. Building amenities include a gym, guest suites, party room, bike storage, and ample visitor parking. Enjoy all the amenities the neighbourhood has to offer: shops, restaurants, parks, and libraries. Walk to Liberty Village and Lake Ontario. A short streetcar ride to the downtown core. Sports, concer **** EXTRAS **** Some photos virtually staged! Locker maintenance fee an additional $14.24/month. (id:51158)
#1605 -251 Jarvis St
Toronto, Ontario
Functional Executive Style Bachelor Suite With Modern Finishes Throughout, Including Wide Plank Flooring. Upgraded Gallery, Kitchen With Built-In Appliances & Quartz Countertop. Good Size Balcony For Quiet Enjoyment. Ensuite Laundry, Amazing Location Cloe To Eaton Center, Ryerson University, George Brown College & University Of Toronto. Building Has Premium Amenities Including A 24/7 Security/Concierge, Indoor/Outdoor Pool, Party Room, Gym, Rooftop Deck And More (id:51158)
#ph108 -87 Peter St
Toronto, Ontario
Menkes Top flr Penthouse Studio Unit At Noir residences. Exclusive 10 ft ceiling, laminate T/O, floor to ceiling windows and a Large Balcony w unobstructed City View! Modern Design Kitchen Open Concept w Built-In Appliances. Nestled In The Heart Of Toronto's Entertainment District, Downtown Core, Shopping, Grocery, Public Transit, Restaurants, Very Convenient Location. Building Amenities: Gym, Party, Game, Media Room, Hot Tub, Sauna, Yoga Studio & Concierge **** EXTRAS **** Built-in fridge, cook top stove, oven, dishwasher, microwave, washer and dryer. (id:51158)
#43 -119 Bristol Rd E
Mississauga, Ontario
Welcome Home! This Fully Renovated Stacked Townhouse Boasts A Stunning Kitchen Complete With Brand New Appliances And Backsplash. Custom Granite Countertops, 15 Ft Smooth Cathedral Ceilings, Over-Sized Living Spaces Complete Accented By A Stunning Wall To Wall Closet, All Tied Together With Sunny NE Views - This Unit Truly Is A Statement Piece! Situated In The Highly Coveted Hurontario/Bristol Corridor, This Property Is A Commuter's Paradise, Minutes To Square One Mall And Heartland, Future LRT, Multiple 400 Series Highways, Hospitals, And Many Esteemed Local Schools Including Sheridan College. This Property Is A Must Seen! **** EXTRAS **** This Boutique-Styled Condominium Offers Residents An Outdoor Pool, Ample Visitors Parking, Multiple Playgrounds For Children, And Much More! (id:51158)
42 Madison Ave
Hamilton, Ontario
Welcome to 42 Madison Ave, located in central Hamilton. This fully renovated semi-detached property features 3+1 bedrooms, 3 bathrooms, and a finished basement, with high quality finishes. It features a ton of natural light through the many large windows, all stainless steel appliances in the kitchen, quartz countertop with custom backsplash, and a walk out to the backyard deck, perfect for entertaining. There is 1 parking space at the back of the home, accessible through the laneway. The Roof was just redone 2024, along with the attic insulation and electrical panel upgrade. This Property is close to public transit, schools, parks, libraries, grocery stores, and a hospital. (id:51158)
#903 -32 Trolley Cres
Toronto, Ontario
Lowest price for any apartment in Rivercity. 32 Trolley is an architectural triumph by acclaimed Saucier + Perotte Architectes, Urban Capital & Waterfront Toronto. River City Phase 2 is situated on the lower eastern edge of downtown in the desirable Corktown & The West Donlands neighborhoods. Very well connected to Riverside, Leslieville, Distillery District, St. Lawrence Market, Corktown Commons Park, Don River Valley Park & Toronto's Waterfront Trail System & TTC 504A/504B/501. A modern jr 1 bedroom loft style apartment showcasing approximately 452 sf of very usable interior space, sleeping area, 1 bath, 9 ft exposed concrete ceilings, galvanized spiral duct, walnut hardwood floor throughout, modern kitchen featuring glossy grey flat slab doors, s/s appliances, quartz countertop, a fully tiled spa inspired bath featuring soaker tub, shower, large vanity & vanity mirror, and overlooking grassy greenbelt flanking the Don River. 1 bicycle rack included. **** EXTRAS **** The building features 24hr security, a well equipped gym, large party room featuring lounge, bar, kitchen, dining area, shuffle board & billiards table, comfortable guest suite, outdoor pool, sun deck & outdoor grilling area. (id:51158)
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.
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!
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 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.