FREE Access to MUST SELL, Discounted, Price Reduced, Bank Owned and Foreclosed/Bank Owned Home List
Homes For Sale in the GTA, Price under $500,000
We know that homes in the GTA are expensive, I’ve searched the MLS system for affordable homes in the GTA (WEST). These are listed right now under $500,000. These homes should be considered by the first-time homebuyer. Include are Condos, Townhomes, Semi-Detached and Detached Homes in Toronto, Mississauga, Hamilton, Oakville, Burlington, Georgetown & Milton
There is never a bad time to get into Real Estate. Are you waiting for the market to drop?.. This may not happen, prices have been climbing for the past 20 years and there’s no signs of stop..
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)
Unit E - 2576 Haines Road
Mississauga, Ontario
Beautiful Automotive Mechanic and Body Shop In The Best Location Of Mississauga. It boasts An Excellent Location for High Visibility and Accessibility. Great Turnkey Opportunity, Royal Customers, Busy Business, Lovely Space Corner Unit. Large Drive In Door. Ample Parking, Low Rent, Lease Until 2027. (id:51158)
410 - 21 Lawren Harris Square
Toronto, Ontario
Discover this bright & airy yet cozy home wrapped in bold architectural modernity. The perfect starter suite or pied-a-terre, Suite 410's lofty list of features include 9ft ceilings with exposed concrete ceilings & ducts, expansive floor-to-ceiling windows with an unobstructed north-west view, an oversized balcony, closets aplenty, engineered hardwood floors, and more. Host cute summer dates or unwind & relax solo under the glow of stunning sunsets from indoors to out. Work with ease and focus in the den space that can also flex for other uses. The bedroom closet hosts ample space for your wardrobe and shoe collection! Building amenities include a large gym/workout space, rooftop entertainment lounge with outdoor terrace for larger gatherings, and more. Local amenities abound: picnic in or take your pooch out to Corktown Commons, run or bike the Don River & lake trails, shop/dine/wine local in Corktown, Riverside & Distillery District. Transit options that conveniently connects you to the entire city are plentiful. **** EXTRAS **** New frosted glass partition to created demarcation of space between BR and Living! 2 bike racks + locker inclusive; great young urban professional condo community, attentive concierge, in-house manager + super. (id:51158)
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)
1193 Dundas Street W
Toronto, Ontario
1,450 SQ. FEET - 1,000 SQ, FT. RETAIL & 450 SQ. FT. PREP KITCHEN GREAT LEASE - ONLY $5,950.00 / MONTH INCLUSIVE OF TMI SUIT BAKERY / CAFE OR OTHER LIGHT FOOD / RETAIL USES HIGH PEDESTRIAN / VEHICULAR TRAFFIC VIBRANT NEIGHBOURHOOD * GREAT RETAIL OPPORTUNITY DISPLAY CABINETRY, POS, ALL EQUIPMENT INCLUDED **** EXTRAS **** DUNDAS / OSSINGTON - SOUGHT AFTER RETAIL NODE (id:51158)
305 - 141 Catharine Street S
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! (id:51158)
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)
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)
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)
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)
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)
3834a Bloor Street W
Toronto, Ontario
Excellent opportunity to own a Dry-Cleaning Depot & Plant. This business, located in a busy area, includes pants and shirts press machines but excludes dry cleaning machines. It is ideal for depot wholesale operations. Close to new condos and offices enhances its potential. Weekly sales average $3,000, with alterations for 30%. The rent is $3,500 (TMI included), and a new lease is available. This business has high growth potential and is well-suited for someone skilled in alterations and repairs. A full set of sewing machines is included. **** EXTRAS **** Not Franchise. (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.