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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 $439,000
House For Sale in toronto, 1112 - 318 KING STREET E

1112 - 318 King Street E

Toronto, Ontario

1 Bathroom
Affordable Charming Loft-Style Studio! 9 Foot Exposed Concrete Ceilings, Contemporary Scavolini Kitchen With Glass Tiled Backsplash, Quartz Countertops & Gas Cooktop. The Suite Features An Efficiently Designed Layout With No Wasted Space. Oversized 70 Sq. Ft Balcony With Beautiful South Lake Views And Gas Hookup For Summer BBQ. Including A Spacious Locker. A Perfect Starter Home Or Investment Property. Won't Stay For Long, Don't Miss Out On This Opportunity! (id:51158)
Homes for sale in Toronto
For rent $19,000 Monthly
House For Sale in toronto, 11 PINE CRESCENT

11 Pine Crescent

Toronto, Ontario

5 Bedroom 5 Bathroom
A Sophisticated West Coast Inspired, Recently Custom Built Executive Residence In A Private Ravine Setting, In One Of This Neighbourhood's Most Sought After & Exclusive Beach Enclaves. **Offered For Short Term Fully Furnished Tenancy Only (From Sept 1/24 to June 30/25** A Shorter Lease Term May Be Acceptable)**. This Fine Home Comes Fully Furnished With All The Accoutrements & High-End Features Available To Fittingly Provide The Qualified Tenant With The Stylish, Comfortable Home-Life That Comes With This Remarkable Property. Light, Bright & Airy With Soaring Ceilings & Windows, This 5000+ Sqft Of Extraordinary Living Space; 4+1 Bdrm ; 5 Bath Home Will Please Your Most Discerning Client's - Perfect For Family Life & Entertaining! Within A Convenient 20 Mins To Toronto's Downtown & Financial Core & Just 10 Minutes To The Portlands Film Studios, Including Pinewood Studios. A Quick, Safe Stroll Brings You To The Sand & Surf Of Lake Ontario; Tranquil Walks Along The Boardwalk; Biking & Hiking Our Many Local Nearby Green Parklands & Trails; Skating on the nearby natural ice rink in Winter. **To Book Appointment Please See Brokerage Remarks** **** EXTRAS **** Well-Appointed & Boasting Utmost Privacy & State Of The Art Security Features, Your Stay In Our Beautiful City Will Be Accentuated & Complimented By The Trappings Of This Luxurious Home & The Tranquility Of Its Surroundings. (id:51158)
Homes for sale in Toronto
For sale $449,000
House For Sale in toronto, 1809 - 1900 SHEPPARD AVENUE E

1809 - 1900 Sheppard Avenue E

Toronto, Ontario

2 Bedroom 1 Bathroom
Location, Location, Location, Amazing Value! Sought After Crossroads Condo. Set Amongst 14 Acres Of Private Grounds Featuring Lush Lawns & Gardens For Barbeque, Picnics & Activities. Well Maintained 1 Bedroom + Den (Easily Can Converted To 2nd Bedroom), Spacious Living Room & Separate Dining Room, Large Eat-In Kitchen, Laundry Room In Unit. Monthly Maintenance Fees Including All Utilities !!! (Heat, CAC, Hydro, Water, Cable Tv). 1 Underground Parking Spot & 1 Locker Unit Same as Parking Level. Across From Fairview Mall, Shops & Restaurants, !!! Minutes By Walking To Don Mills Subway Station & Schools. Right Beside Hwy 401 & 404/Dvp. **** EXTRAS **** Incredible Amenities:Indoor Pool,Sauna,Gyms.Tennis,BasketballRacket BallCourts.Gatehouse Security.Visitor's Parking.Steps All Amenities (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in mississauga, 212 - 1055 A FORESTWOOD DRIVE

212 - 1055 A Forestwood Drive

Mississauga, Ontario

3 Bedroom 2 Bathroom
Beautiful 3-Bed, 2-Washrooms corner townhouse in the vibrant community of Erindale. Extremely well-maintained unit featuring stainless steel appliances, laminate flooring, pot lights. Thousands spent on upgrades, all new doors, freshly designer paint & upgraded plumbing. Living area seamlessly flows out to a large balcony that's perfect for relaxation. Additionally, the property features a huge locker room apart from an extra ensuite storage space. Located within walking distance to top-rated schools, shopping, gym & transit. Close to Square One, major highways & hospitals. **** EXTRAS **** Stainless Steel Stove, Fridge, Dishwasher, White Washer & Dryer. Three (3) Window Air Conditions. (id:51158)
Homes for sale in Mississauga
For sale $499,000
House For Sale in mississauga, 302 - 2177 BURNHAMTHORPE ROAD W

302 - 2177 Burnhamthorpe Road W

Mississauga, Ontario

3 Bedroom 2 Bathroom
Welcome to the private community of Eagle Ridge. This immaculate 2-bedroom, 2-bathroom condo is priced to sell, making it perfect for a young family seeking affordability and security, or elders looking for a convenient location with quiet living space and excellent property management services. The reasonable maintenance fee includes all utilities and Rogers V.I.P. cable TV. Enjoy a picturesque setting with access to a wooded ravine and nature trails. The secure grounds feature a fenced perimeter and 24-hour live security. Conveniently located close to shops, restaurants, bus routes, Hospital and the University of Toronto Mississauga. **** EXTRAS **** S.S. Fridge, Microwave, exhaust Fanhood, Range, Dishwasher, Washer, Dryer, Lighting Fixtures, and Window Blinds. (id:51158)
Homes for sale in Mississauga
For sale $399,999
House For Sale in toronto, 707 - 825 KENNEDY ROAD

707 - 825 Kennedy Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Location, location, location! You're just a short walk from Kennedy Subway Station, the Eglinton Line, and TTC stops, making your commute a breeze. Welcome to your new home at Unit 707, 825 Kennedy Road! This beautifully renovated 2-bedroom, 1-bath condo is a gem, perfect for small families, first-time home buyers, or investors looking for a fantastic opportunity. Why juggle multiple bills when you can enjoy all-inclusive living? Our maintenance fees cover most utilities, parking, and even access to a party room, making your life simpler and more affordable. Step inside and be greeted by a bright and modern space, thoughtfully designed for comfort and style. The fully renovated interiors mean you can move in right away and start making memories. Enjoy the convenience of nearby schools, shopping centers, and the local Masjid, all within easy reach. Imagine coming home to a welcoming community in a vibrant neighborhood. Whether you're starting out, growing your family, or looking for a solid investment, Unit 707 at 825 Kennedy Road is the perfect choice. Make this inviting condo your new home today and start enjoying the best of city living with all the comforts you deserve! (id:51158)
Homes for sale in Toronto
For sale $389,000
House For Sale in toronto, 708 - 15 TORRANCE ROAD

708 - 15 Torrance Road

Toronto, Ontario

3 Bedroom 2 Bathroom
This Large 2-Bedroom+Den, 2-Bath Corner Unit With Bright South & East Views Is Move-In Ready and Easy to Update to Your Tastes. Large Ensuite Laundry Room. Same Owner For Over 25 Years, and The Pride of Ownership Shows. This Well-Maintained Building Offers An Outdoor Pool, Gym, Sauna & Party Room. Steps Away From The Go Station, TTC, and Shops, Schools & Parks Are All At Your Doorstep. *Maint. Fee Includes All Utilities & Underground Parking Spot.* Don't Miss This Opportunity! (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in toronto, 3A - 8 ROSEBANK DRIVE

3a - 8 Rosebank Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
* Well maintained * 700+ sf 1 plus den * Spacious Den can be used as a 2nd bedroom balcony * kitchen w/ granite countertop * Steps to shopping, TTC, Hwy 401, Scarborough Town Centre, Centennial College, UofT Scarborough Campus & all amenities. **** EXTRAS **** Parking, locker room, amenities including 24hr concierge, guest suites, game room, party room, newly renovated gym & plenty of visitors parking. (id:51158)
Homes for sale in Toronto
For sale $459,900
House For Sale in burlington, 506 - 2411 NEW STREET

506 - 2411 New Street

Burlington, Ontario

2 Bedroom 1 Bathroom
MOVE-IN READY! SHARP, BEAUTIFULLY UPDATED 2 BED, 1 BATH CONDO (APPROX 835 SQ. FT.), JUST WALKING DISTANCE TO CENTRAL PARK & BURLINGTON'S TRENDY DOWNTOWN AMENITIES & WATERFRONT! SPACIOUS ROOMS. LARGE BALCONY. 2024 RENOVATIONS INCLUDE: NEW KITCHEN CABINETS W/QUARTZ COUNTERTOP, SPARKLING 4 PC BATHROOM, FLOORING, DOORS, LIGHT FIXTURES, DECORATING & CUSTOM WINDOW BLINDS. CONVENIENT INSUITE LAUNDRY. 1 COVERED PARKING SPOT #58. LOCKER #6. FLEXIBLE POSSESSION. (CONDO FEE INCL: HEAT, WATER, COMMON ELEMENTS, PARKING & LOCKER) SHOWS 10+! (id:51158)
Homes for sale in Burlington
For sale $459,900
House For Sale in burlington, 2411 New Street|Unit #506

2411 New Street, Unit #506

Burlington, Ontario

2 Bedroom 1 Bathroom 835 sqft
MOVE-IN READY! SHARP, BEAUTIFULLY UPDATED 2 BED, 1 BATH CONDO (APPROX 835 SQ. FT.), JUST WALKING DISTANCE TO CENTRAL PARK & BURLINGTON'S TRENDY DOWNTOWN AMENITIES & WATERFRONT! SPACIOUS ROOMS. LARGE BALCONY. 2024 RENOVATIONS INCLUDE: NEW KITCHEN CABINETS W/QUARTZ COUNTERTOP, SPARKLING 4 PC BATHROOM, FLOORING, DOORS, LIGHT FIXTURES, DECORATING & CUSTOM WINDOW BLINDS. CONVENIENT INSUITE LAUNDRY. 1 COVERED PARKING SPOT #58. LOCKER #6. FLEXIBLE POSSESSION. (CONDO FEE INCL: HEAT, WATER, COMMON ELEMENTS, PARKING & LOCKER) SHOWS 10+! (id:51158)
Homes for sale in Burlington
For sale $469,900
House For Sale in toronto, 1416 - 370 DIXON ROAD

1416 - 370 Dixon Road

Toronto, Ontario

4 Bedroom 1 Bathroom
Upgraded unit ready to move in. Gourmet kitchen with soft closing cabinets, hydrolic self closing crockery shelf,pullmout pantry **** EXTRAS **** fridge, stove, dish washer (id:51158)
Homes for sale in Toronto
For sale $449,900
House For Sale in hamilton, 12 EAST 25TH STREET

12 East 25th Street

Hamilton, Ontario

3 Bedroom 1 Bathroom
Solid brick home in the heart of East Mountain, loaded with potential. This charming 1.5 storey house is centrally located, within walking distance to Juravinski hospital, shops, and restaurants on Concession St. The home features three cozy bedrooms, two on the main floor. A spacious eat-in kitchen awaits your personal touch, while the large living room is ready for your design ideas. The main floor also includes a laundry area and bathroom, perfect for modernization. Upstairs, the third bedroom offers a peaceful retreat with its own small office or storage area. The backyard is a hidden gem with landscaped perennials, walkways, and a versatile gazebo equipped with hydro, ready for your finishing touches. Enjoy easy access to the lower city via Sherman Cut and Upper Wellington. Permit parking is available. This home is ideal for those with a vision and a passion for DIY projects. Don't miss this opportunity to create your East Mountain oasis. (id:51158)
Homes for sale in Hamilton
For sale $459,000
House For Sale in hamilton, 1203 - 2782 BARTON STREET E

1203 - 2782 Barton Street E

Hamilton, Ontario

2 Bedroom 1 Bathroom
Amazing opportunity to buy a assignment sale. One bedroom plus den in LJM Hamilton on Barton st Stoney Creek's newest condo buildings. This north facing Yorkshire model unit will offer panoramic city and lake views. This 1 bed, 1 bath unit is an ideal starter home or easy to manage income property. Includes 1 underground parking space, 1 storage locker and this amenity rich building has so much to offer it's residents. Estimated occupancy is October 2024 **** EXTRAS **** Energy Efficient Stainless Steel Refrigerator, Stove, over the stove Microwave with Exhaust, built-in dishwasher, stackable washer and dryer, all electrical light fixtures (id:51158)
Homes for sale in Hamilton
For sale $468,888
House For Sale in hamilton, 404 - 450 DUNDAS STREET

404 - 450 Dundas Street

Hamilton, Ontario

1 Bedroom 1 Bathroom
Welcome to the epitome of modern living at Trend condos. Step into this inviting 1-bedroom, 1-bathroom condo flooded with natural light from its expansive floor-to-ceiling windows. Embrace contemporary elegance with sleek finishes and the convenience of in-suite laundry. Perfect for commuters, its prime location ensures a mere 10-minute commute to Aldershot GO Station, with downtown Burlington and Hamilton less than 18 minutes away. Indulge in the vibrant local scene, from eateries and shops to natural attractions such as Smokey Hollow Waterfall and Dundas Peak. This residence isn't just a home; it's a lifestyle. Enjoy exclusive access to the luxurious lobby, fitness centre, and party room, or savour sunset views while grilling on the rooftop terrace. With secured storage and an included parking spot, this is more than just a place to live it's a haven for maintenance-free, luxurious living. RSA (id:51158)
Homes for sale in Hamilton
For sale $479,000
House For Sale in hamilton, 206 - 120 DUKE STREET

206 - 120 Duke Street

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome home to The Durand at 120 Duke! This rarely offered 1226ft2 three-bedroom, two-bathroom corner unit is ideally located in one of Hamilton's most sought-after neighbourhoods. Walk to schools, parks, James St, Locke St, and the Hamilton GO. Enjoy a spacious living and dining area with tree-lined views and natural light, a large primary bedroom (currently used as a home office) complete with closet and 3-PC ensuite, two additional bedrooms with closets, in-suite laundry and storage, and an additional 4-PC bath. This unit includes 1 underground parking spot and a locker. Building amenities include a fully equipped gym, party room/library, men's and women's locker rooms with sauna, salt water pool and hot tub, BBQ patio and outdoor gardens. Fees include building insurance, common elements, exterior maintenance, heat/AC, hydro, water, and visitor parking. RSA (id:51158)
Homes for sale in Hamilton
For sale $465,000
House For Sale in mississauga, 1115 - 4185 SHIPP DRIVE

1115 - 4185 Shipp Drive

Mississauga, Ontario

1 Bedroom 1 Bathroom
Large and bright 1 bedroom unit in the heart of the city. This well managed building boast all the amenities you can think of! Rare large open units like this do not become avaiable often. This affordable maintence costs cover all your expenses. Updated kitchen, bathroom and floors. Close to all highways square one, parks, and public transit. So much to offer here! Come take a look at your new home! (id:51158)
Homes for sale in Mississauga
For sale $464,900
House For Sale in toronto, 2211 - 320 DIXON ROAD

2211 - 320 Dixon Road

Toronto, Ontario

3 Bedroom 2 Bathroom
Excellent Location, Spacious 3 Bedrooms, 2 Washrooms, One Underground Parking, 1289 Sq feet (MPAC), Open Balcony, Nice View, Primary Bedroom Has a 2 PC Ensuite, Ensuite Laundry, Perfect for First Time Buyers/Investors, Low Property Tax, Close to Transit, Schools ,Highways, Shopping, Restaurants, Pearson Airport. **** EXTRAS **** Fridge, Stove, Dishwasher, Washer and Dryer, All Elfs, Windows Coverings, One UndergroundParking. (id:51158)
Homes for sale in Toronto
For sale $450,000
House For Sale in toronto, 2106 - 3 MARINE PARADE DRIVE

2106 - 3 Marine Parade Drive

Toronto, Ontario

2 Bedroom 1 Bathroom
Experience The Pinnacle Of Retirement Living! Lovingly Maintained & Renovated 1 Bedroom +Den/Sunroom Condo At Hearthstone By The Bay Seniors Community! Enjoy A Spacious Penthouse Unit With An Open Concept Design, Very Functional Layout, Floor-To-Ceiling Windows, Elegant Crown Moulding, And A Generously Sized Open Kitchen/Living Area, A Well-Sized Bedroom W/ A Walkout To The Sunroom, And A Pristine 3 Pc Bathroom. This Unit Offers Complete Comfort And Style And Is A Perfect Fit For Seniors Starting Their Next Chapter. Live With The Luxury Of Condo Ownership Within An Exceptional Retirement Community, Complete With An Array Of Tailored Services Catering To Seniors. Enjoy Services Like 4 Hours of Housekeeping, $277 Dining Credit/Dining At The On-Site Restaurant, Access To Nurse 24 Hours Per Day/Round-The-Clock, A Convenient Shuttle Bus, Fitness Classes, Emergency Call System And Much More! **** EXTRAS **** Mandatory Club Fee: $1851.33 +Hst Per Month. Additional Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $255.11+hst Extra Per Month for Second Occupant. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in burlington, 406 - 5001 CORPORATE DRIVE

406 - 5001 Corporate Drive

Burlington, Ontario

2 Bedroom 2 Bathroom
Welcome to Appleby Gardens! With its high ceilings and abundance of natural light, it feels incredibly spacious and inviting. The open kitchen layout, complete with stainless steel appliances, granite counters, and a breakfast bar, is perfect for both cooking and entertaining. The den adds versatility to the space, whether it's used as a home office, guest room, or additional living area. Having a 2-piece bathroom on the main level is certainly convenient. The primary suite is a tranquil retreat, with its spacious layout and 4 piece ensuite bathroom Located in a vibrant neighborhood with plenty of dining, shopping, and entertainment options within walking distance. For commuters, the easy access to both the 403/407 and the Appleby GO station makes getting around a breeze. A must see! (id:51158)
Homes for sale in Burlington
For sale $449,000
House For Sale in toronto, 305 - 2130 WESTON ROAD

305 - 2130 Weston Road

Toronto, Ontario

3 Bedroom 2 Bathroom
Welcome To Unit 305, A Spacious Apartment Turn Key With Stunning Views Of The Park Trail And Humber River. All 3 Bedrooms Are Ample Sized & Feature Custom Wall-To-Wall Closets. In This Well-Over 1200 Sq Ft Unit, Your Family Will Appreciate Living In This Well Kept Family-Oriented Building. This unit features a New Glass Railing for the Balcony (almost completed). Centrally Located, You Can Conveniently Walk To The Go Train Station Or TTC. On Your Days Off, Enjoy The Several Kilometers Of Parklands Pathway Spanning Along Humber River Great For Walking Or Cycling. Easy Access To 400 Highways, Hospital, Shopping And Numerous Other Amenities. 5-+ **** EXTRAS **** Cable & Internet Inc. In Fees. Steps To Humber River Trail, Ttc, Go Station, Up Express, Shopping,& Services. Mins To 401. Great Schools. Perfect Location! Well Maintained Building With Excellent Amenities. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in mississauga, 102 - 1300 BLOOR STREET

102 - 1300 Bloor Street

Mississauga, Ontario

2 Bedroom 1 Bathroom
Welcome to the Award Winning & Prestigious Applewood Landmark recognized as the CONDO of the year;1360 s.f. of living space Overlooking A Screen Of Green Meticulously Maintained Gardens; Tastefully renovated from top to bottom; Large & Functional Floor Plan incl Generous Sized Living/Dining & 2Large BRs; Beautiful Contemporary Kitchen w/ Quartz Countertops, Sun-filled Corner Unit. **** EXTRAS **** Condo Fees Include All Utilities, High Speed Internet & Parking, Ensuite Laundry with Plenty of Storage Space; ALL Stainless Steel Kitchen Appliances (2022): Fridge, Stove, Dishwasher, Over the range Microwave, Front load Washer & Dryer. (id:51158)
Homes for sale in Mississauga
For sale $390,000
House For Sale in toronto, 305 - 2464 WESTON ROAD

305 - 2464 Weston Road

Toronto, Ontario

1 Bathroom
Great Location! Good Opportunity For First Time Buyer, Young Couple and Investors. This modern condo boasts an open-concept bedroom with a sleek sliding door separating the living room and kitchen, creating a seamless flow throughout. Step onto your private balcony and soak in the stunning south view. Convenience is key with rare owned locker and parking, both close to the P2 elevator. Enjoy amenities like games and conference rooms, plus an exercise facility. Perfectly situated near major highways, transit hubs, shopping, dining, parks, and more. Recent upgrades include a new heater, AC(2023), and a stacked washer/dryer(2022) Don't miss out on this urban oasis! **** EXTRAS **** All Existing Fridge, Built-In Dishwasher, Stove/Oven, Rangehood, Window Coverings, Newer Stacked Washer& Dryer (2022), All Elfs, Ikea Wall Size Cabinet. New Heater And AC(2023). (id:51158)
Homes for sale in Toronto
For sale $469,000
House For Sale in toronto, 305 - 330 DIXON ROAD

305 - 330 Dixon Road

Toronto, Ontario

2 Bedroom 1 Bathroom
Spacious, Renovated Two Bedrooom Apartment with Open Concept in the Heart of Etobicoke, Newer Kitchen with Granite Countertops, Newer Full Bath, Newer Engineered Hardwood Floors throughout, Ensuite Laundry with Laundry Cabinets. Lower Maintenance Fee & Property Taxes incl. Parking, Water, Heat, Exercise Room, 24/7 Security. Great Opportunity for 1st Time Buyer/Investor. Close to Parks, Highly Rated Schools, Supermarket, shopping, Public Transit, major Highways 401/403/427/27. Bus to Airport, Kipling/Islington Subway. Just North of Eglinton Crosstown LRT and the Most Prestigious Parts of Etobicoke. Excellent Entry-Level Value! **** EXTRAS **** Fridge, Stove, Washer, Dryer, All Existing Light Fixtures Attached, Built-in Cabinets and Organizers. (id:51158)
Homes for sale in Toronto
For sale $479,990
House For Sale in mississauga, 802 - 3605 KARIYA DRIVE

802 - 3605 Kariya Drive

Mississauga, Ontario

2 Bedroom 1 Bathroom
This Is Your Chance To Live In A Resort-style At The Towne Building In The Heart Of Mississauga! Just Steps Away From Square One Mall And Major Highways! This Spacious, 800+ Square Foot Unit Features A Sizable Bedroom, Den And Solarium With An Unobstructed View Of Lake Ontario. Enjoy The Updated Kitchen With Granite Countertops And Breakfast Bar, Along With The Convenience Of In-unit Laundry And Carpet Free. Enjoy Peace Of Mind With 24-hour Gate House Security For Building Access And An Array Of Amenities Including A Park-like Patio Walkway, Saltwater Indoor Swimming Pool, Sauna, Hot Tub, Guest Suite, Fully Equipped Gym, Squash Court, Tennis Courts, Party Room, Electric Car Charger, And More. Condo Fees Cover Utilities, Cable TV, High-Speed Internet, And Ample Underground Visitor Parking. Don't Miss Out On This Hassle-free Lifestyle In An Unbeatable Location in Mississauga. Schedule A Showing Now!Don't Miss Out On The Opportunity To Live In A Resort-style At The Towne Building In The Heart Of Mississauga! Just Steps Away From Square One Mall And Major Highways! This Spacious, 800+ Square Foot Unit Features A Sizable Bedroom, Den And Solarium With An Unobstructed View Of Lake Ontario. Enjoy The Updated Kitchen With Granite Countertops And Breakfast Bar, Along With The Convenience Of In-unit Laundry And Carpet Free. Enjoy Peace Of Mind With 24-hour Gate House Security For Building Access And An Array Of Amenities Including A Park-like Patio Walkway, Saltwater Indoor Swimming Pool, Sauna, Hot Tub, Guest Suite, Fully Equipped Gym, Squash Court, Tennis Courts, Party Room, Electric Car Charger, And More. Condo Fees Cover Utilities, Cable TV, High-Speed Internet, And Ample Underground Visitor Parking. Don't Miss Out On This Hassle-free Lifestyle In An Unbeatable Location in Mississauga. Schedule A Showing Now! (id:51158)
Homes for sale in Mississauga

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.