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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
$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
$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
$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
$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 Great Garden View, Magnificent Layout In Luxury Shane Baghai Building, 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 & Line 4, Restaurants, Close 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
$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
For sale
$429,000
205 - 740 EGLINTON AVENUE W, toronto, Ontario

205 - 740 Eglinton Avenue W

Toronto, Ontario

Exceptional Upper Forest Hill Suite Incorporating The Perfect Blend Of Sophistication and Convenience. This 1 Bedroom & Den Suite Features A Generously Sized One Bedroom Layout with a Den Ideal For A Home Office. The High Ceilings, Spacious Living & Dining Areas Bode Well For Entertaining Guests While Allowing The Chef Privacy In The Well Equipped Galley Kitchen With New Stainless Steel Appliances. The Premium Flooring Is Sun Drenched Throughout By The Unobstructed Easterly View From The Private Balcony. Conveniently Positioned Mere Minutes From The Bustling Eglinton District Ensuring A Seamless Urban Experience. Steps To Eglinton Crosstown, Future Forest Hill LRT, Buses and Subway. Excellent Schools Nearby And Steps To Amenities, Community Hubs And Much More! **** EXTRAS **** All Stainless Steel Appliances: Fridge & Stove'23, Microwave. Elect. Light Fixtures. Two portable A/C Units And Window Coverings. Exclusive Use Of Locker. Pet Policy: Max 2 Cats, No Dogs. **Not A Co-op (id:51158)

2 Bedroom 1 Bathroom
For sale Open House
$449,000
165 LIMERIDGE Road W Unit# 5, hamilton, Ontario

165 Limeridge Road W Unit# 5

Hamilton, Ontario

Welcome to 165 Limeridge Rd W Unit #5. Opportunity knocks! Best priced condo townhome in the area! Don’t miss out on this affordable, well maintained 2 bdrm home with full finished basement. Main floor features living rm with a large front window providing loads of natural light, dining rm, and kitchen with pantry. Upper level offers 2 bdrms and freshly updated bathroom. Lower level boasts family rm for added living space, plus utility/furnace room. Four appliances included. Some flooring updated 2023. Central Air updated 2011. Conveniently situated on Hamilton's vibrant West Mountain near schools, parks, plazas, Mohawk College, and easy Highway access to the Linc and Red Hill. Won’t Last! (id:51158)

2 Bedroom 1 Bathroom 800
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! (id:51158)

5 Bedroom 2 Bathroom 1375 sqft
For sale
$465,000
400 YORK Boulevard|Unit #201, hamilton, Ontario

400 York Boulevard, Unit #201

Hamilton, Ontario

This bright, spacious, two-bedroom corner unit condo has just been freshly painted throughout! Great location near parks, schools, shopping, 403 access, Dundurn Castle, Locke Street and more! The unit includes in-suite laundry with a brand-new washing machine and one reserved underground parking spot. Don’t miss out on this great opportunity to live and/or own in Hamilton's Castle Bay Condominiums! (id:51158)

2 Bedroom 1 Bathroom 997 sqft
For sale
$425,000
111 - 205 SHERWAY GARDENS ROAD, toronto, Ontario

111 - 205 Sherway Gardens Road

Toronto, Ontario

Stunning and Fully Upgraded Spacious Studio that feel like a 1-Bedroom at High in Demand One Sherway! This ground floor unit features rare 9-Foot Ceilings, Hardwood Floors throughout, and a Customized remote control sofa Murphy Bed. There is no shortage of storage space including under seat Sofa storage, Cabinets, Shelving and Two Large Closets. The Kitchen has Quartz Countertops and full size Stainless Steel Appliances. Other improvements include wall mounted Smart TV, remote control smart Blackout Blinds, and Phantom Patio Screen. The Convenient Patio Walk-out is perfect for grocery drop-off, walking your pet, and for those who don't like heights. Steps To Upscale Sherway Gardens, TTC, Ravine Trails, & Hwys. Resort-Style Amenities. Experience Ground Level Convenience at a very affordable price! You can't ask for anything more! **** EXTRAS **** Includes SS Fridge, Stove, MW, DW. Front Loading W/D. Murphy Bed. Sofa. Television. Light Fixtures. Window Coverings. Automated Blinds. Phantom Door Screen. Select Furnishings. Includes Parking & Locker! View The Video Tour! Offers Anytime. (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,000
LPH09 - 160 VANDERHOOF AVENUE, toronto, Ontario

Lph09 - 160 Vanderhoof Avenue

Toronto, Ontario

Modern City Lifestyle with a Convenient Location. Steps To TTC, Future LRT, Shopping (Smart Crt, Sobey's, HomeSense, Home Depot, Etc.) Schools & Parks. Great Investment Opportunity or Perfect for the Young Professional/Student. Building Amenities Offer a Wide Range of Entertainment Possibilities from Taking a dip in the Pool to BBQ'ing with Some Friends or Staying in for Movie Night at the Theatre. This Condo Truly Has It All !!! PET FRIENDLY!!! **** EXTRAS **** Stunning 487 Sf + 77 Sf Balcony Lower Penthouse Unit. Walk To Sunnybrook Park And Trails! Great Location ! Luxurious Amenities Incl: Fitness/Yoga Lounge, Indoor Pool, Media Lounge, Theatre, Party Room And Garden. (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,000
4410 - 50 CHARLES STREET E, toronto, Ontario

4410 - 50 Charles Street E

Toronto, Ontario

Fabulous Junior 1 Bedroom - Extremely Efficient Layout With Amazing Natural Light And Beautiful Unobstructed North View Of The City, Rosedale. Floor To Ceiling Windows And Walk-Out To Balcony. Lobby Furnished By Hermes. State Of The Art Amenities: Concierge, Exercise Room, Games Room, Guest Suites, Outdoor Pool, Gym, Media Room, Rooftop Deck, Walk Score 99/100 Close To U Of T, Ryerson, Yorkville Shopping And Ttc. Must, Tenant **** EXTRAS **** Fridge, Stove Cook Top, Oven, Dishwasher, Washer And Dryer. All Elfs, All Window Coverings, Amenities Include: Party Room, State Of The Art Gym, Outdoor Pool, Outdoor Bbq, Guest Suites ,Spa, Lobby Furnished By Hermes (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,999
2530 - 3888 DUKE OF YORK BOULEVARD S, mississauga, Ontario

2530 - 3888 Duke Of York Boulevard S

Mississauga, Ontario

Across from Square one Mall & Celebration Square - OWNED parking spot - 2 Bed, 2 Bath Split Bed room Layout, Large Kitchen, High Floor With View Of The Lake In Luxurious Tridel Ovation 2. - Approx 30,000 SQ of Amenities ! facilities - Full Amenities, 24 Hours Concierge, Heart Of The City, Very Convenient Location Close To Highways, Shops, Schools Etc. All Top End S/S Appliances, Quartz Counter Tops In Kitchen And Bathrooms, Back Splash, Front Load Lg Washer/Dryer, Walk-In Closet Organizers, All Inclusive Very Low Monthly Maintenance Fees, Well Managed Building **** EXTRAS **** All Inclusive Very Low Maintenance Fee! - Stainless Steel Fridge, Front Load Washer And Dryer, Built-in Microwave, Stove, Dishwasher. All Elfs & Window Coverings. Beautiful Laminate Everywhere (id:51158)

2 Bedroom 2 Bathroom
For sale
$488,000
924 - 801 KING STREET W, toronto, Ontario

924 - 801 King Street W

Toronto, Ontario

Welcome Home To Citysphere Condo. This 500sqft Sun Filled Studio With Parking Has An Incredible Layout. This Spacious Open Concept Kitchen/Living Offers A Separate Bedroom Space That Includes A Custom Built-in Murphy Bed Along With Custom Closet Organizers. It Can Easily Be Converted Into a 1 Bedroom. Modern Design, Fully Outfitted Kitchen! Bathroom Has Upgraded Vanity, Main Living/Bedroom Area has Upgraded Torly's Hardwood Flooring. Steps To Transit, Queen West, King West, Liberty Village, Restaurants, Shops And Boutiques. The Quiet Part of King West. Great Building Amenities Include Roof Top Garden/Bbq/Sauna, Gym,Tennis Courts And 24Hr Security **** EXTRAS **** Ensuite laundry, Torly's Hardwood Flooring, Custom Murphy Bed, Courtyard View (id:51158)

1 Bedroom 1 Bathroom
For sale
$379,900
141 Catharine Street S|Unit #305, hamilton, Ontario

141 Catharine Street S, Unit #305

Hamilton, Ontario

COZY & AFFORDABLE IN THE HEART OF CORKTOWN! Condo living in desirable location, 1 bed, 1 bath with open concept. Move in ready! Open living space with patio door leading too private terrace with Escarpment views! Laminate flooring in the bedroom and living room & ceramics in the entranceway, 4 piece bathroom & kitchen. The building has a rooftop patio, small gym & on-site laundry. Renos to be done in spring 2024 all new sliding doors and windows will be replaced. 1 Parking spot included, Walking distance to nightlife, Go Train and all amenities! Don't miss out! (id:51158)

1 Bedroom 1 Bathroom 494 sqft
For sale
$379,999
518 - 3100 KEELE STREET, toronto, Ontario

518 - 3100 Keele Street

Toronto, Ontario

Live Freely At The Keeley! Where Modern Living Meets The Tranquility Of Nature In Vibrant North York, Toronto. This Stunning 1-Bedroom Condo Offers An Urban Retreat With An Eastern View, Allowing You To Wake Up To Sunrises Every Day. This Thoughtfully Designed Unit Has A Functional, Open-Concept Layout With Ample Storage Space. Be Among The First Residents To Enjoy Amazing Amenities, Designed For All Ages And Stages Of Life. From A Children's Playroom, To A State-Of-The-Art Gym And All Kinds Of Interesting Spaces To Meet & Greet. Step Outside And Immerse Yourself In The Lush Greenery Of Downsview Park, A Large Destination Park Which Offers Everything From Nature and Education to Sports, Recreation, and Cultural Events. Close To Everything You Need Including Public Transportation, York University, Centennial College, Humber River Hospital & More. **** EXTRAS **** Parking & Locker. Upgraded Medicine Cabinet In Bathroom. Under Tarion Warranty. Maintenance Fees are Sub-metered and Billed by Carma. (id:51158)

1 Bedroom 1 Bathroom
For sale
$499,000
19 EMMETT AVENUE, toronto, Ontario

19 Emmett Avenue

Toronto, Ontario

Estate Sale of an end unit in a small row house complex with good zoning & a deep lot. Definitely feels more like a semi, with a private drive & a decent property width. Large & quaint backyard. Lot size is 2,960 sqft according to GEOWarehouse. This property has great potential: According to City of Toronto Interactive Zoning Map the property is zoned ""RM"", which generally allows a Floor Space Index of 0.8, 4 Units, Semi-Detached, Detached, Duplex, Triplex and Fourplex. Buyer Agents and Buyers have to do their own diligence regarding zoning and allowed use. Property is in very poor condition and is Being Sold 'As Is Where Is.' Sellers And Listing Agent Make Absolutely No Representations Or Warranties in any regard whatsoever. Total renovation or remodelling needed.This property is best suitable for Investors, Contractors and/ or Builders **** EXTRAS **** Excellent location! Short walk to future Eglinton LRT,close to future Mount Dennis UP Station. Steps to TTC Buses. Short Drives to Hwy 400 & Hwy 401. Parks, Soccer Fields, Indoor Tennis Courts, Scarlett Woods Golf Course are all close (id:51158)

3 Bedroom 1 Bathroom
For sale
$464,900
603 - 346 THE WEST MALL, toronto, Ontario

603 - 346 The West Mall

Toronto, Ontario

Urban living at its best in this fabulous unit located in the heart of Etobicoke's popular Bloordale Gardens neighbourhood. Just steps away from Bloor Street, with easy access to the 427 and TTC, this convenient location puts everything within reach.Spacious layout and desirable West exposure of this unit, offering a huge balcony with clear views. Upgrades including newer windows, kitchen, built-in roller blinds, and your own laundry room enhance the comfort and convenience of living here.With a well-maintained building and recent improvements, you can enjoy peace of mind along with the included condo fees covering ALL UTILITIES AND TAXES. **** EXTRAS **** combo washer/dryer, fridge, stove, roller blinds, all elf's except as excluded (id:51158)

1 Bedroom 1 Bathroom
For sale
$419,900
603 - 75 QUEEN STREET N, hamilton, Ontario

603 - 75 Queen Street N

Hamilton, Ontario

Priced to sell and filled with investor potential, welcome to the heart of urban living in the Strathcona neighbourhood of Hamilton! This 3-bed, 2-bath condo at 75 Queen Street North is an fantastic opportunity for both investors and first-time buyers. With over 1200 sqft, located near McMaster University and the Bayfront Park, this property promises future growth. Enjoy secure underground parking and luxurious amenities including a pool, sauna, gym, tennis courts and more. Surrounded by trendy cafes, shops, and cultural attractions, this condo epitomizes city living at its finest. Don't miss out on this lucrative investment. RSA. High-Speed Internet, Bell Fibe Cable, Water included in the monthly fees. **** EXTRAS **** Interior Features: Carpet Free, Concierge/Security, Fire Alarm System, Intercom, Lockers, Security System, Squash/Racquet Court (id:51158)

3 Bedroom 2 Bathroom
For sale
$399,000
1306 - 1 JARVIS STREET, hamilton, Ontario

1306 - 1 Jarvis Street

Hamilton, Ontario

Step Into The Vibrant Heart Of Downtown Hamilton At 1 Jarvis Street! This Freshly Built Condominium Epitomizes Urban Living With Its Contemporary Design And Convenient Location. Step Inside This Luminous, Carpet-Free Dwelling Featuring One Bedroom And A Full Bathroom, Providing Ample Space For Comfortable Living. The Open-Concept Layout Is Perfect For Hosting Gatherings, Boasting A Modern Kitchen Outfitted With Stainless Steel Built-In Appliances &Quartz Countertops. Natural Light Floods The Inviting Living Area Through Full-Sized Sliding Doors, Leading To A Balcony The Perfect Spot For Your Morning Coffee Or Evening Cocktail. The Tranquil Bedroom Offers A Serene Escape, Complete With A Full-Height Window For Abundant Natural Light. Indulge In The Array Of Amenities Complemented By Attentive 24-Hour Concierge Service. Situated At The Core Of Hamilton, Enjoy Effortless Access To All Transit. (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.