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..

1743 results | Page 4 of 73
12 24 48
Search/Filter Properties


LOADING

For sale
$279,000
610 - 600 SHERBOURNE STREET, toronto, Ontario
Other

610 - 600 Sherbourne Street

Toronto, Ontario

Great location at Bloor / Sherborne in Rosedale Medical Center. As is where is. Renovate to make your own. Recently updated building. Condo Office Space just across from Sherbourne Subway Station, Ample Surface Parking, Perfect For All Types Of Offices/Clinics: Medical, Dental, or other Professional Offices. **** EXTRAS **** UNIT 3, LEVEL 6, YORK CONDOMINIUM PLAN NO. 194 ; LTS 1 TO 7 INCLUSIVE PL 141-E; PT LT 12 PL 132-A, PTS 1 & 2 66R3234, AS IN SCHEDULE 'A' OF DECLARATION B455013 ; TORONTO , CITY OF TORONTO (id:51158)

541 sqft
For sale
$279,000
608 - 600 SHERBOURNE STREET, toronto, Ontario
Other

608 - 600 Sherbourne Street

Toronto, Ontario

Great location at Bloor / Sherborne in Rosedale Medical Center. As is where is. Renovate to make your own. Recently updated building. Condo Office Space just across from Sherbourne Subway Station, Ample Surface Parking, Perfect For All Types Of Offices/Clinics: Medical, Dental, or other Professional Offices. **** EXTRAS **** UNIT 1, LEVEL 6, YORK CONDOMINIUM PLAN NO. 194 ; LTS 1 TO 7 INCLUSIVE PL 141-E; PT LT 12 PL 132-A, PTS 1 & 2 66R3234, AS IN SCHEDULE 'A' OF DECLARATION B455013 ; TORONTO , CITY OF TORONTO (id:51158)

520 sqft
For sale
$449,900
733 - 21 ICEBOAT TERRACE, toronto, Ontario

733 - 21 Iceboat Terrace

Toronto, Ontario

You'll Feel Right At Home The Moment You Walk Into This Beautiful, Bright, Open Concept 1 Bedroom Condominium. Light Pours In Through The Floor To Ceiling Windows In This Rarely Offered Layout. With A Fully Upgraded Kitchen, Bathroom And Flooring, This Is A Must See! Enjoy The Lively CIty Place Area With Lots Of People And Happening Events. Boasting A 98 Walk Score, Youre Just Steps to Grocery Stores, Public Transit, Restaurants, The Community Center And Library. Picture Yourself Going For A Nice Stroll Along The Waterfront, With Close Proximity To The Lakeshore. Maintenance Fee Includes Hydro, Gas, Water. This Building Is Air BnB Friendly. **** EXTRAS **** Concierge, Guest Suites, Meeting Room, Parking Garage, Party Room, Visitor Parking, Indoor Pool, Games Room, Gym, Media Room, Rec Room, Security Guard, Security System, Squash Court, Spa Condo Fee Incl Hydro, Gas, Water. Air BnB Friendly. (id:51158)

1 Bedroom 1 Bathroom
For sale
$148,000
7 MERCER STREET, toronto, Ontario
Restaurant

7 Mercer Street

Toronto, Ontario

This is Sushi Take Out business for sale. It is surrounded by New Condo, business towers, banks, shopping and hospitals etc. Seller has accumulated lots of stable, loyal customers. The rent is rarely low. It is great investment opportunity for family. Current owner only open short business hours from 4pm to 11 pm. New owner can extend the business day and hour. Profits will increase. Training will be provided. Easy operation. It is a complete turn-key business opportunity. **** EXTRAS **** Lease 2Years left. Rent $5,881.44(Including Tmi & Hst). No Gas And Hood (id:51158)

840 sqft
For sale
$468,000
309 - 783 BATHURST STREET, toronto, Ontario

309 - 783 Bathurst Street

Toronto, Ontario

Discover unit 309 at 783 Bathurst St! This contemporary 1-bedroom condo embodies urban living at its finest. Enjoy city views through expansive windows, highlighting a bright, open layout. The kitchen boasts stainless steel appliances and ample storage. A cozy bedroom features a large closet. Located steps from TTC, trendy cafes, and parks. Building amenities include 24 hr concierge, large capacity open gym, party/games room with outdoor BBQ/patio area, bike storage, underground visitor parking, &an amazing pet spa/washing/grooming area. (id:51158)

1 Bedroom 1 Bathroom
For sale
$425,000
F5 - 200 BAY STREET, toronto, Ontario
Restaurant

F5 - 200 Bay Street

Toronto, Ontario

Location, location, location! 200 Bay St is a rare find for a franchise business! This brand new Z-teca location is Nestled within the vibrant Royal Bank Plaza consisting of two office towers that are 41 & 26 Stories. This complex holds over 6,500 employees and a high daily pedestrian traffic. Royal Bank Plaza is the primary gateway to the Toronto PATH system which is linked to TD Centre, Union Station, the Fairmont Hotel & Scotiabank Arena. Z-Teca Is A Mexican Fast-Casual Restaurant With Healthy & Quality Ingredients. Strong Traffic Generators In the Immediate Area Which Brings A High Volume Of Customers to the area. Established Branding, Proven Concept, Full Hands-On Training & Franchise Support For Seamless Operation, Offering Growth Potential. Attractive Lease With Options To Renew! Do Not Miss This Opportunity! Book a Private Viewing! **** EXTRAS **** Great chance to Dive into the potential of this prime high-traffic location, where every glance sparks curiosity and every step unveils opportunity. High Demand Area with Continuous Foot Traffic Exposure in Downtown Core. (id:51158)

For sale
$499,000
1306 - 501 YONGE STREET, toronto, Ontario

1306 - 501 Yonge Street

Toronto, Ontario

Welcome to this luminous and expansive studio unit in the esteemed Teahouse Condos. Revel in floor-to-ceiling windows illuminating the space, complemented by hardwood and ceramic flooring throughout. The functional layout boasts a convenient wall-mounted Murphy bed and shelf. Conveniently located mere steps from Wellesley & College subway station, with U of T, Ryerson University, and Toronto General Hospital just minutes away by foot. Enjoy the convenience of nearby shopping, banks, and amenities. The building offers 24-hour concierge service, a fitness lounge, tea room, yoga space, outdoor pool, sauna, BBQ area, and more! Included in the unit are stainless steel fridge, stove, dishwasher, microwave, and washer/dryer. Heat & Water costs are covered in maintenance fees. Don't miss out on this exceptional opportunity. Thank you. **** EXTRAS **** B/I Range hood, B/I Microwave, Dishwasher, Oven Range, Fridge, Washer/Dryer, All ELFS, Murphy Bed (id:51158)

1 Bathroom
For sale
$450,000
41 SPRING GARDEN AVENUE, toronto, Ontario
Restaurant

41 Spring Garden Avenue

Toronto, Ontario

*Rarely Found Size* Fully equipped & turnkey-ready restaurant for sale in the heart of prime North York. Surrounded by numerous high-rise offices, residential condos and schools, situated in a high-density area with terrific car & foot traffic day and night, 24/7. Total 2300 sqft, LLBO-licensed for 88 seats, 2 Parking included - A very desirable size (RARELY AVAILABLE in this area) is perfect for any restaurant business. Featuring a modern and sophisticated interior, the kitchen and other equipment, everything is fully operational, well-maintained and move-in ready. New kitchen equipment & dining area floors and washrooms renovated in 2022. It can be converted to accommodate any cuisine for all age groups/ethnicities. Storage space and direct access (through the backdoor) to parking are available. Steps to Yonge St, TTC subways, 401 and many other major retail establishments. *Plenty of street parking is available on Spring Garden Ave, which will remain free from future Yonge BIKE Lanes. This makes it perfect for handling delivery/pick-up services and generating EXTRA sales opportunities!* Start your restaurant from this MONEY-RAKING LOCATION!! **Hay Sushi franchise is not included in the listing price** **** EXTRAS **** Superb Monthly Rent-Total Gross Rent $11,766.12(inclusive of TMI & HST) *INCLUDED: hydro, water, AC/HEAT, grease-trap cleaning service, garbage bin pick-up which can easily add up to $2000-$3000/mth big saving!! New LEASE: 5+5 years to opt. (id:51158)

2300 sqft
For sale
$449,000
807 - 99 FOXBAR ROAD, toronto, Ontario

807 - 99 Foxbar Road

Toronto, Ontario

Luxurious Living in the Heart of Forest Hill Welcome to Unit 807 at the prestigious Blue Diamond Condos, located at 99 Foxbar Road in the coveted Forest Hill neighbourhood. This stunning 1-bedroom, 1-bathroom suite offers 485 square feet of thoughtfully designed living space with unobstructed views of former Deer Park United Church. As you step inside, you'll be greeted by an open-concept layout that seamlessly blends the living, dining, and kitchen areas, creating a bright and airy atmosphere. The stylish kitchen offers top-of-the-line built-in appliances, ample counter space, and sleek cabinetry.The spacious bedroom provides a serene retreat, complete with a large closet and sliding glass doors. Indulge in the luxurious finishes and fixtures that exude sophistication and elegance. Residents of Blue Diamond enjoy a wealth of amenities with a 20,000 sq. ft. Imperial Club for residents, including a state-of-the-art fitness center, a stylish party room, and a luxurious indoor pool and whirlpool spa. Located in the prestigious Forest Hill neighbourhood, this prime location offers easy access to the finest shopping, dining, and entertainment options Toronto has to offer. Nearby parks and green spaces provide ample opportunities for outdoor recreation. Don't miss your chance to own this exceptional property in one of Toronto's most desirable addresses. Surrounded by luxury residences, with a carefully preserved historical church facade and stunning courtyard with street-level retail, 99 Foxbar Road is a short walk to transit, close to several abundant parks and trails, and in close proximity to Toronto's finest public schools, private schools and post-secondary institutions. **** EXTRAS **** B/I Kitchen Appliances (Fridge, Stove, Oven, Dishwasher, Rangehood), Ensuite Washer/Dryer, Window Coverings, Stone Kitchen & Washroom Countertops, Undermount Kitchen Sink (id:51158)

1 Bedroom 1 Bathroom
For sale Open House
$499,900
192 WALNUT Street, hamilton, Ontario

192 Walnut Street

Hamilton, Ontario

Discover the allure of 192 Walnut Street, nestled in the vibrant Corktown neighborhood of Hamilton. This home has been intensively upgraded to blend modern comforts with historic charm, making it a true urban oasis. Recently installed new windows enhance the natural light, while updated electrical systems, a new air conditioning unit, and furnace ensure year-round comfort. The entire home is insulated throughout, boosting energy efficiency and providing a cozy living environment in any season. The exterior is just as inviting with professional landscaping with Interlock and a gorgeous backyard that features a large firepit—perfect for gatherings and cozy evenings under the stars. Additionally, a spacious shed provides ample storage. Located within walking distance to the Hamilton GO Centre, St. Joseph's Hospital, and the lively pubs and eateries of Augusta Street, this property is ideally situated for both convenience and entertainment. Just a short stroll from Hamilton City Centre, you'll enjoy easy access to shopping and services. Ideal for young professionals, couples, or investors, this home at 192 Walnut Street offers a unique blend of style, comfort, and location in one of Hamilton's most sought-after areas. Don’t miss this exceptional opportunity to own a piece of Corktown’s charm. (id:51158)

3 Bedroom 2 Bathroom 1010 sqft
For sale
$488,000
154 BRITANNIA Avenue, hamilton, Ontario

154 Britannia Avenue

Hamilton, Ontario

Sooo Perfect for first time home buyers, a couple or singles! Fabulous opportunity! So cozy! Professionally and tastefully renovated! All new appliances included! Cute private fenced yard with deck! Not a thing to do! Quiet area close to ALL amenities. Easy highway access and low taxes. Vacant and ready to make this house a home. (id:51158)

2 Bedroom 1 Bathroom 549 sqft
For sale
$499,000
907 - 215 FORT YORK BOULEVARD W, toronto, Ontario

907 - 215 Fort York Boulevard W

Toronto, Ontario

Nestled In The Vibrant Heart Of The City's Waterfront District, This Stunning Condo Offers An Unmatched Residential Experience. Designed With Elegance, The Unit Features A Practical 1 Bedroom Layout And A Functional Kitchen With Granite Countertops. The Spacious Living Room Boasts Floor-To-Ceiling Patio Doors Leading To Your Own Balcony, While The Bedroom Enjoys A Spacious Closet. Enhanced With New Engineered Hardwood Flooring, Custom Lighting Under The Kitchen Cabinets, Freshly Painted Walls, Modern Appliances, And Convenient Ensuite Laundry, Every Detail Is Crafted For Your Comfort. Indulge In The Array Of Top Building Amenities, Including An Indoor Pool, BBQ Deck With Outdoor Hot Tub, Exercise Room, Sauna, And 24-Hour Concierge With Ample Visitor Parking. An Exceptional Walk Score 90+, You're Just Steps Away From The Waterfront, Parks, Trails, TTC, And Essential Amenities Like Loblaws And LCBO. Plus, Enjoy Easy Access To Major Highways And The Convenience Of Billy Bishop Airport. (id:51158)

1 Bedroom 1 Bathroom
For sale
$359,900
1002 - 235 GRANDRAVINE DRIVE, toronto, Ontario

1002 - 235 Grandravine Drive

Toronto, Ontario

Spacious and bright 2 Beds Unit With South Exposure. Well Maintained Building! Beautiful new balcony in place! Great Community, Park Next To Your Door For All Year Round Activities!! Everything Is Close By- 401, Allen Rd, Ttc In Front Of The Building, Finch West Subway Station, York University, Shopping, Schools, Community Centers. Very Quiet Location Surrounding By Green Space And Residential Area **** EXTRAS **** Existing Fridge, Stove, All Elf's. (id:51158)

2 Bedroom 1 Bathroom
For sale
$399,900
603 - 5580 SHEPPARD AVENUE E, toronto, Ontario

603 - 5580 Sheppard Avenue E

Toronto, Ontario

Excellent Opportunity For All First Time Buyers. Well-Maintained One Bedroom Condo W/ Spacious Solarium. Open Concept Layout. Great view, large windows, and lots of light. S/S Appliances W/ Eat-In Kitchen, Granite Countertop & Upgraded Cabinets Doors. Newly Installed Laminate Flooring throughout the Unit and Freshly Painted. Close To All Amenities: Mins To Shopping, School, Community Centre, Church, Parks, Hospital & Transits. Mins To Hwy 401. Great Location For Commuters. **** EXTRAS **** S/S Fridge, S/S Stove, Kitchen Newly Replaced S/S Exhaust Fan, Newly Replaced Lights, Washer & Dryer (As Is), Cable TV & Internet Included in the Maintenance Fee. (id:51158)

2 Bedroom 1 Bathroom
For rent
$15,000 Monthly
117 - 55 STEWART STREET S, toronto, Ontario

117 - 55 Stewart Street S

Toronto, Ontario

Luxury 1 hotel condo/rare corner suite located on main floor with street access (five star)king and wellington/absolutely stunning 4 bedroom/4 baths with 2723+ sq ft gorgeous electric fireplace floor to ceiling carreramarble/spectacular views with resort style amenities and rooftop pool with great a restaurant and bar Harriet. Fabulous location for a doctor/lawyer or dentist don't miss this opportunity. **** EXTRAS **** Fully Furnished through out. (id:51158)

4 Bedroom 3 Bathroom
For sale
$23,990
D-1 - 99 HARBOUR SQUARE, toronto, Ontario

D-1 - 99 Harbour Square

Toronto, Ontario

Large parkng space available : Unit 1 Level D. Buyer must own a unit in one of the buildings: 33 - 55 - 65 - 77 - 99 Harbour Square to purchase parking space. (id:51158)

For sale
$398,000
1 JARVIS Street Unit# 304, hamilton, Ontario

1 Jarvis Street Unit# 304

Hamilton, Ontario

Absolute Gem!! This contemporary 1-bedroom condo boasts an open concept layout and a stylish three-piece bath. The kitchen is outfitted with stainless steel appliances. Step out onto your huge private 220-square-foot terrace, great for entertaining family & friends!! 1 Jarvis exemplifies Hamilton's evolving landscape. This brand new 15-storey condominium blends the city's historic charm with a forward-looking urban aesthetic, featuring details that nods to its past and a sleek, modern design that looks to the future. Conveniently located with easy access to Hwy 403, QEW, Red Hill Valley Parkways, West Harbor, and Hamilton GO, plus just a short walk to the HSR bus stop. Seeing is believing!! Wow!!! Building amenities include yoga, fitness center, lounge, and ground-level retail space. Situated a short distance to McMaster University, Mohawk College, St. Joseph's Hospital, public transit, shopping, restaurants, schools, and much more. (id:51158)

1 Bedroom 1 Bathroom 460
For sale
$398,000
304 - 1 JARVIS STREET, hamilton, Ontario

304 - 1 Jarvis Street

Hamilton, Ontario

Absolute Gem!! This contemporary 1-bedroom condo boasts an open concept layout and a stylish three-piece bath. The kitchen is outfitted with stainless steel appliances. Step out onto your huge private 220-square-foot terrace, great for entertaining family & friends!! 1 Jarvis exemplifies Hamilton's evolving landscape. This brand new 15-storey condominium blends the city's historic charm with a forward-looking urban aesthetic, featuring details that nods to its past and a sleek, modern design that looks to the future. Conveniently located with easy access to Hwy 403, QEW, Red Hill Valley Parkways, West Harbor, and Hamilton GO, plus just a short walk to the HSR bus stop. Seeing is believing!! Wow!!! **** EXTRAS **** Building amenities include yoga, fitness center, lounge, and ground-level retail space. Situated a short distance to McMaster University, Mohawk College, St. Joseph's Hospital, public transit, shopping, restaurants, schools, and much more. (id:51158)

1 Bedroom 1 Bathroom
For sale
$379,946
103 - 851 QUEENSTON ROAD, hamilton, Ontario

103 - 851 Queenston Road

Hamilton, Ontario

Great Location, Ground Floor Condo, 2 Bed, 2 Bath Unit, Located in the Riverdale West Area. This Unit has an Open Balcony with Easy Access to Parking and Transit. No need to take elevators. Parking on main level as well. Close to QEW, 5 Min Drive, Shopping Mall across the street (Eastgate Square), Restaurants, Schools, Parks and Many Trails. Bus Stop Directly in Front of Building. Why Rent When you can Buy this Great Unit. (id:51158)

2 Bedroom 2 Bathroom
For sale
$299,000
E7 - 1011 UPPER MIDDLE ROAD E, oakville, Ontario
Restaurant

E7 - 1011 Upper Middle Road E

Oakville, Ontario

Successful long time neighbourhood Chinese Restaurant in a busy plaza. Rarely do shops come out for sale here! Anchored by stores like Metro, LCBO, Beer Store etc. Seats 30 patrons and has lots of take out business! Excellent kitchen setup with large exhaust hood, updated grease trap, work area and clean areas, two large walk-in refrigerators. Easy access to loading area and garbage dump in the back. Two washrooms. Owner can train purchaser. (id:51158)

2 Bathroom 1884.55 sqft
For sale
$299,000
K19&K20 - 1911 FINCH AVENUE W, toronto, Ontario
Retail and Wholesale

K19&k20 - 1911 Finch Avenue W

Toronto, Ontario

Location! Location! Fantastic Money making Business with Lotto and Variety combo shop. Located atJunction of East Gate & North Gate in Jane/Finch Mall. Surrounded by CIBC, Tim Hortons, Freshco,McDonald's & Shopper's Drug Mart. Two Lotto Machine, Easy to Run, Turnkey & Secure Business. Lease 5Years, Rent $3,300/Month (Inc TMI, Utilities & HST). Owner is retiring after 15 years operating thisstore. Mall Hours: Mon-Fri 10-9, Sat 10-6, Sun 10-5. All Holiday is Closed. Pls Don Talk to Employee. **** EXTRAS **** The related documents will be released after the offer is accepted (id:51158)

309 sqft
For sale
$499,900
204 - 1450 BISHOPS GATE, oakville, Ontario

204 - 1450 Bishops Gate

Oakville, Ontario

Abbey Oaks Condo In Sought After Glen Abbey. Freshly painted large one bedroom unit, bright and spacious. Open Concept Living. Ecobee Thermostat. New toilet. Walking Distance To top ranking Abbey Park High School, Pilgrim Wood Public School, Community Centre, Plazas, And Trails. On-Site Clubhouse With Gym, Sauna & Party Facilities. Close to QEW, Bronte Go train station. **** EXTRAS **** Fridge, Stove, Range Hood, Dishwasher, Washer/Dryer, All Elf's, All Existing Window Coverings. (id:51158)

1 Bedroom 1 Bathroom
For sale
$289,900
UNIT 1 - 9149 DERRY ROAD W, milton, Ontario
Retail and Wholesale

Unit 1 - 9149 Derry Road W

Milton, Ontario

For sale in the bustling town of Milton, Ontario, is a thriving meat and grocery store nestled in a high-traffic area at the heart of the community. Boasting rapid growth, this established business offers a lucrative opportunity for aspiring entrepreneurs.Conveniently located, this store caters to the diverse needs of its customers with a wide range of products and services. From fresh cuts of meat to pantry staples, it's a one-stop shop for all household essentials.What sets this store apart is its dedication to customer convenience. With door-to-door delivery services, busy residents can enjoy the convenience of having their groceries brought right to their doorstep. Additionally, the inclusion of a coffee shop adds a cozy ambiance, inviting patrons to relax and enjoy a hot beverage while they shop.But that's not all this store goes above and beyond by offering unique amenities like a slush machine, perfect for refreshing treats on hot summer days. Furthermore, embracing modern technology, it also facilitates Bitcoin exchanges, catering to the growing trend of digital currencies.Now is your chance to seize the reins and become your own boss with this exceptional business opportunity. Don't miss out on the chance to own a thriving meat and grocery store in Milton, Ontario. **** EXTRAS **** There Are Lease Options Available For 1-5 Years With Option Of Renewal For Other 5 Years . We Are Including All Chattels In Our Sale Price. Only meat and grocery store between Sixth Line & Ontario St. (id:51158)

858 sqft
For sale
$134,800
211 - 4438 SHEPPARD AVENUE E, toronto, Ontario
Restaurant

211 - 4438 Sheppard Avenue E

Toronto, Ontario

*Sales of Property with Business* Welcome To The Well Established Food Court, Rare Opportunity In Prime Location of Scarborough! *Visitors Will Appreciate The Convenience Of Ample Parking, Both Above Ground And Underground, Fully Upgraded Exhaust, Walk-In Freezer & Kitchen Equipment, Enormous Restaurant Size Kitchen To Accommodate Catering Services. Renting Storage Rm & Sell with Equipment. Don't Miss This Fantastic Opportunity To Grow Your Business In A Prime Location! **** EXTRAS **** All Financial Statements, List of Chattels & Equipment Are Available Upon Request & Signing A Confidentiality Agreement.ELF, Unit IsFinished.Showing Time:Mon,Tues,Thur, Fri, Sat, Show Before 11:00am Or After 7:00pm. **Closed Wednesday** (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.
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.