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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 $399,900
House For Sale in hamilton, #305 -23 MAIN ST

#305 -23 Main St

Hamilton, Ontario

2 Bedroom 1 Bathroom
This is the perfect opportunity for that first time buyer looking to be in the heart of downtown Dundas. As a 2 bedroom, 1 bath apartment style condo, it boasts mere steps to all the amenities this coveted town has to offer, such as shops, restaurants, library, public transit, conservation trails, groceries, and so much more. Also enjoy the quick 5 minute drive to McMaster University. This bright space includes an open concept living and dining room, 4-piece bath, quaint kitchen, and a recently renovated open balcony. The building has a security system with intercom, coin operated laundry facilities, and the unit comes with an exclusive underground parking space (#26) and storage locker. Having been freshly painted with recently replaced flooring, there is nothing to do but move in and enjoy! RSA (id:51158)
Homes for sale in Hamilton
For sale $448,888
House For Sale in toronto, #812 -170 FORT YORK BLVD

#812 -170 Fort York Blvd

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome to this exceptional 1+1 bedroom unit that combines modern elegance with unbeatable convenience. Located at Bathurst & Fort York, mins away from the future Ontario Line, lake Ontario and downtown core. Floor-to-ceiling windows in the master bedroom, living room, and dining room with natural light, providing unobstructed views of the surrounding cityscape. Unit features 9-foot ceilings throughout the entire unit and the den can easily serve as a second bedroom or a home office, private balcony with views of Lake Ontario. Modern kitchen boasts granite counters and a upgraded backsplash. Amenities include party rooms, meeting spaces, a media room, an outdoor terrace, a gym, a sauna, a boardroom, a lounge, and guest suites. **** EXTRAS **** S/S Fridge, Stove, B/I Dishwasher, Kitchen Exhaust Fan, Stacked Washer & Dryer (id:51158)
Homes for sale in Toronto
For sale $429,900
House For Sale in toronto, #306 -15 TORRANCE RD

#306 -15 Torrance Rd

Toronto, Ontario

2 Bedroom 1 Bathroom
Fully upgraded with laminate/ceramic floors, granite counter top. Excellent view. Everything included, ensuite laundry, close to TTC. New windows and door, large balcony with unobstructed view. Spacious, approximate 900sqft. 1 parking included. Ensuite storage locker, separate den. Walking distance to Go train, schools, stores and public transportation. Enjoy a very beautiful condo in the city of Toronto. (id:51158)
Homes for sale in Toronto
For sale $359,900
House For Sale in toronto, #206 -4060 LAWRENCE AVE E

#206 -4060 Lawrence Ave E

Toronto, Ontario

2 Bedroom 3 Bathroom
This two level two bedroom suite was renovated in 2018, the current family has lovingly cared for it since. The suite has just been professionally painted throughout & new light fixtures have been added. The main floor offers an open concept living and dining room with a walk out to the large balcony. There is lots of ensuite storage, a large linen closet, all newer windows throughout and parking and locker are both included. **** EXTRAS **** Fridge, stove, exhaust fan, washer Dryer, new light fixtures, maintenance fees include cable and internet. (id:51158)
Homes for sale in Toronto
For sale $449,900
House For Sale in hamilton, #215 -460 DUNDAS ST E

#215 -460 Dundas St E

Hamilton, Ontario

1 Bedroom 1 Bathroom
Located in Trend, this 1 bedroom, 1 bathroom unit has a modern, open concept feel and is filled with upgrades including laminate throughout and luxurious porcelain tile and S/S appliances. There's lots of natural light thanks to the large south-facing floor to ceiling windows and access to your very own private balcony. This building has an amazing party room, rooftop patio, gym, storage locker, bike locker, and your private underground parking spot. Easy access to highways, bus routes, and all the amenities you need! (id:51158)
Homes for sale in Hamilton
For sale $499,999
House For Sale in hamilton, #123 -35 SOUTHSHORE CRES

#123 -35 Southshore Cres

Hamilton, Ontario

1 Bedroom 1 Bathroom
Stunning Waterfront Condo In Desirable Community Beach Located On The Shores Of Lake Ontario. This Beautiful 1Bedroom Floor Unit Offers Hardwood Throughout, Stainless Steel Appliances, In Suite Laundry, Walk-Out Private Covered Patio With Views Of Lake Ontario & Toronto Skyline. Easy Access To Highway & Amenities. Exercise Room, Party Room, Bike Storage & Rooftop Terrace Overlooking Lake Ontario. 1 Underground Parking Spot, 1 Storage Locker. (id:51158)
Homes for sale in Hamilton
For sale $419,990
House For Sale in hamilton, 27 HARVEY ST

27 Harvey St

Hamilton, Ontario

3 Bedroom 2 Bathroom
Welcome To This Charming Newly Renovated Detached Home, Located in the Desirable Stipley Neighbourhood. Boasting 3 Bedrooms and 2 Bathrooms, Recent Upgrades features New Laminate floors Throughout, 2 New Bathrooms, Renovated Kitchen with White cabinetry and Quartz counter Tops. Entirely Repainted. New doors. Past Owner recently changed Windows, Furnace and the Roof. Venturing to the second floor reveals the 3 Bedrooms and one 3 pieces Washroom. The Basement provides your Laundry area and plenty of Storage opportunities. It also offers a Private green Backyard fully Fenced. Street parking available anytime, Walking distance from Powell Park, School, Restaurants and Stores. **** EXTRAS **** New built front porch (id:51158)
Homes for sale in Hamilton
For sale $495,000
House For Sale in toronto, #1201 -117 GERRARD ST

#1201 -117 Gerrard St

Toronto, Ontario

1 Bedroom 1 Bathroom
LOW Property TAXES & Maintenance FEE That Includes ALL UTILITIES, FIBE UNLIMITED INTERNET [1.5GBs] & CABLE TV! Just Move In! A Spectacular Opportunity! Enjoy This Sun-Soaked, Stylishly Renovated, Super-Functional & Flexible West Facing Space With Large Windows & Gorgeous City Views By Day & Night. Rarely Available Unit With PARKING & LOCKER!! This Spacious Studio Comes With A Large Living/Dining Space + Solarium Can Be Used For Home Office Or Small Second Bedroom Or Nook/Retreat. Steps To Everything; Eaton Centre, Allan Gardens, Grocery Shopping, U Of T & TMU, St. Lawrence Market, The Village, Fin. Core & More. Beautiful Roof Terrace W/Hot Tub, Garden Gazebo & Bbqs, Gym, Rec Room, Visitor Prkg, 24-Hr Concierge & Secure Bike Storage. Prkg Space & Locker Can Be Rented For Extra Income! **** EXTRAS **** Brand New, Full-Sized S/S Appliances (Fridge, Stove, Microwave & Dishwasher), W&D, Brand New Motorized Roller Shades And All Existing Light Fixtures. (id:51158)
Homes for sale in Toronto
For sale $479,000
House For Sale in toronto, #2202 -225 SACKVILLE ST

#2202 -225 Sackville St

Toronto, Ontario

1 Bathroom
Your Chance To Own - Great Downtown Toronto Location, Fantastic Lake View In One Of The Best Condo Buildings. Building Amenities include Gym, Rooftop BBQ, Party Halls, Gaming Rooms, Meeting Spaces. Close To Ryerson University, University Of Toronto, George Brown College. Spacious Balcony With East , North And South View To See Lake Ontario, Close To All Amenities, Restaurants, Eaton Centre, RBC, Freshco, Hospital. Transit Access At The Building. Minutes To Highways. Great Balcony, Stainless Steel Appliances, Fridge, Stove, Microwave, Built In Dishwasher, Washer And Dryer. This Unit comes with a Large Storage Locker. **** EXTRAS **** Stainlss Steel Appliances, Fridge, Stove, Microwave, Built In Dishwasher, Great Balcony, Washer and Dryer. (id:51158)
Homes for sale in Toronto
For sale $410,000
House For Sale in toronto, #806 -1470 MIDLAND AVE

#806 -1470 Midland Ave

Toronto, Ontario

1 Bedroom 1 Bathroom
Functional upgrades make this unit feel extra spacious. Lovely one bedroom condo with an excellent layout, including west facing views. Includes an extra private room with glass sliding door that can be used as a den, office or quiet room. Kitchen includes a fridge, stove and dishwasher and overlooks the living room. There is a stackable washer dryer off the kitchen. Separate dining room includes an over-sized mirrored closet for lots of storage. The bathroom includes a jacuzzi bath tub and shower. There is an over-sized bedroom with mirrored closet. Includes one garage parking spot. Excellent building amenities including concierge, indoor pool, security, games room, gym, and more. Close proximity to places of worship, shopping, schools and transit. You do not want to miss this one. (id:51158)
Homes for sale in Toronto
For sale $499,998
House For Sale in toronto, #502 -8 TIPPETT RD

#502 -8 Tippett Rd

Toronto, Ontario

2 Bedroom 1 Bathroom
This stunning 1+Den Condo with (2) Two side-by-side parking spots features a captivating north-facing view and a clever layout that maximizes space. It includes a roomy den perfect for a home office or guest area, and a large primary bedroom. Enjoy the vast living and dining area with seamless access to an expansive balcony, enhancing the open feel. Finished with sleek laminate flooring, it also boasts a large laundry room for extra storage. The property comes with (2) two side-by-side parking spots, a storage locker, and 2 bike storage. Amenities include a WiFi lounge, party room, gym, BBQ area, kids' room, and splash pad. Located directly opposite Wilson Subway Station, it's just minutes from Yorkdale, the 401, and numerous amenities like Costco and Home Depot. A perfect blend of convenience and style! **** EXTRAS **** Standout feature **2 premium indoor parking. Keep one and rent the other out $$$. Direct TTC subwayYellow Line access at Wilson Station. Located at Clanton Park, near the 401 and Yorkdale Shopping Center. (id:51158)
Homes for sale in Toronto
For sale $459,800
House For Sale in toronto, #911 -55 REGENT PARK BLVD

#911 -55 Regent Park Blvd

Toronto, Ontario

1 Bathroom
Fantastic opportunity to own this Studio Suite that has it all! living in comfort at an affordable price, Excellent opportunity for first time home buyers or young professionals. Contemporary and functional layout, Spectacular unobstructed views from your private balcony, Walking distance to shops, Soccer fields, Aquatic Centre, Distillery, easy access to downtown, DVP (Don Valley Parkway) , Transit, Restaurants, Supermarket, Tim Hortons, George Brown College and so much more! Amazing Amenities with Basketball and Squash courts, 24 Concierge, visitor parking Experience the great vibes in this fast and growing community. **** EXTRAS **** Stainless Steel Fridge, cooktop stove and oven, Washer and Dryer, Dishwasher (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $379,900
House For Sale in hamilton, 1123 CANNON ST E

1123 Cannon St E

Hamilton, Ontario

2 Bedroom 1 Bathroom
This cute little house with a boho vibe is a true gem that will capture your heart. The location is perfect for city dwellers, and those seeking a turn-key lifestyle, just lock up and go. Step inside and be greeted by a renovated white kitchen that is both trendy and functional. Boasting modern appliances, and maximizing space, it's a pleasure to cook and entertain in. Whether you're experimenting with new recipes or hosting friends and family, this kitchen is sure to impress. The generous living room with bright windows is perfect for movies and game nights, or curling up with a good book.The two bedrooms in this home are surprisingly spacious, offering plenty of room for relaxation and personalization. They provide a cozy retreat, allowing you to rest and recharge in comfort. The bathroom has also been tastefully renovated making this home truly move-in ready. Don't miss the opportunity to make this charming starter home your haven. With its central location in the Crown Point neighbourhood, you're a stroll away from Gage Park, and coming LRT stop, and conveniently close to Bernie Morelli Recreation Centre and Tim Hortons Field. Everything you need at your doorstep, in one value-packed semi-detached home.Schedule a viewing today and experience the unique charm. (id:51158)
Homes for sale in Hamilton
For sale OPEN HOUSE $499,900
House For Sale in toronto, #1707 -2460 EGLINTON AVE E

#1707 -2460 Eglinton Ave E

Toronto, Ontario

1 Bedroom 1 Bathroom
This spacious 1+1 bedroom condo located at 2460 Eglinton Ave E, Unit 1707 offers comfort and convenience in one package.The open concept design seamlessly blends the living and dining room areas, large windows to bring in great natural light helping create an ideal space for comfortable living. Great sized kitchen that overlooks the dining area. Step inside to discover a versatile office/solarium space, perfect for work or relaxation. Enjoy the convenience of easy access to all amenities and transportation including subway, go train and buses . Whether you're commuting to work or exploring the vibrant neighbourhood, you'll appreciate the proximity to shops, restaurants, parks, and more. (id:51158)
Homes for sale in Toronto
For sale $489,900
House For Sale in hamilton, #23A -1550 GARTH ST

#23a -1550 Garth St

Hamilton, Ontario

3 Bedroom 2 Bathroom
Fabulous opportunity for investors & first time home buyers. This 3 bed, 2 bath townhome offers a spacious main floor complete with a 2 piece bathroom; eat-in kitchen; dining room & large living room with sliders leading out to the fully fenced, private backyard that opens up to a large green space. The second floor provides a 4 piece bath, large primary bedroom & 2 additional bedrooms. A family room, unfinished laundry/utility room & access to the garage are found in the partially finished basement. This complex is located on a quiet, private laneway off of the main street & has a private asphalt-paved driveway plus 1 car garage. Conveniently located close to highway access, public transit, amenities, hospital, schools (including Mohawk College) & parks. (id:51158)
Homes for sale in Hamilton
For sale $499,000
House For Sale in toronto, #1909 -21 OVERLEA BLVD

#1909 -21 Overlea Blvd

Toronto, Ontario

2 Bedroom 1 Bathroom
One of the nicest condo buildings in the area! Completely & tastefully renovated building with new and inviting lobby, concierge desk, seating area, shiny elevators, smart phone capable intercom system, new hallways, squash court, fully equipped exercise & weights room, party room, bbq area with 2 bbq grills, sauna ,whirlpool, & more! On offer is a bright & spacious CORNER 2 bedroom unit on high floor offering beautiful south and east horizon views! Large windows everywhere, you can even see the lake! Recently updated kitchen with solid counters, under-mount sink, stainless steel appliances, shaker style kitchen cabinets, sink faucet. Renovated bathroom with modern vanity, under-mount oval sink, 12x24 floor & wall tiles. Huge open plan dining & living room offers plenty of space for entertaining. Primary bedroom easily fits king size bed & office desk. Enjoy superb convenience in this neighbourhood, take a short walk to Costco, East York shopping centre, Food Basics, Tim Hortons, Mosque, Multiple Parks and trails, Tennis Club, TTC bus stop, banks, medical centre, & more! Being planned for construction next door is the new Thorncliffe Park subway station, as part of the new Ontario Transit Line, which provides residents with quick & affordable transportation to downtown Toronto. Huge potential for more residential and commercial investments coming into the area, which could increase property values in the years to come! Don't miss! **** EXTRAS **** Well managed building! Large enclosed outdoor field for residents to use as their own back yard! Free wifi in the building! (id:51158)
Homes for sale in Toronto
For sale $498,000
House For Sale in toronto, #332 -161 ROEHAMPTON AVE

#332 -161 Roehampton Ave

Toronto, Ontario

1 Bedroom 1 Bathroom
Stunning Condo for a Single Person or Couple. Shows like a Model Suite, Large Balcony, Eat In Kitchen With Centre Island, 4 pc Renovated Bathroom With Soaker Tub & Pot Lights, Ensuite Laundry, Primary Bedrm Open Concept with Closet, Picture Window, Work at Home Area, High Ceilings, Walk to TTC, Yonge & Eglinton with Fine Dining & Shops, Wonderful Amenities- Gym, Dog Spa, Pool, Party Room, Yoga Studio, 24 Hour Concierge and Much more. Come and Enjoy this Special Suite. April 10/24 statement for heat, hydro & water $ 110.39 See attached bill (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $379,900
House For Sale in hamilton, 1123 CANNON Street E

1123 Cannon Street E

Hamilton, Ontario

2 Bedroom 1 Bathroom 713
This cute little house with a boho vibe is a true gem that will capture your heart. The location is perfect for city dwellers, and those seeking a turn-key lifestyle, just lock up and go. Step inside and be greeted by a renovated white kitchen that is both trendy and functional. Boasting modern appliances, and maximizing space, it's a pleasure to cook and entertain in. Whether you're experimenting with new recipes or hosting friends and family, this kitchen is sure to impress. The generous living room with bright windows is perfect for movies and game nights, or curling up with a good book. The two bedrooms in this home are surprisingly spacious, offering plenty of room for relaxation and personalization. They provide a cozy retreat, allowing you to rest and recharge in comfort.The bathroom has also been tastefully renovated making this home truly move-in ready. Don't miss the opportunity to make this charming starter home your haven. With its central location in the Crown Point neighbourhood, you're a stroll away from Gage Park, and coming LRT stop, and conveniently close to Bernie Morelli Recreation Centre and Tim Hortons’ Field. Everything you need at your doorstep, in one value-packed semi-detached home. Schedule a viewing today and experience the unique charm. (id:51158)
Homes for sale in Hamilton
For sale $499,900
House For Sale in toronto, #1003 -88 ALTON TOWERS CIRC

#1003 -88 Alton Towers Circ

Toronto, Ontario

2 Bedroom 1 Bathroom
Bright and Spacious Sun-filled Corner Unit, Great condo living with Super low maintenance fee that includes all (hydro, heat, water, CAC, parking, locker). Low pro-tax. $$$ Upgraded Fully Renovated apartment, One of the largest corner (1+1,775 sqft) units with W/amazing W-S miles after miles unobstructed view in one of the best locations in Toronto. Solarium can be used as a 2nd bedroom or home office. Very large primary bedroom, Spacious living room., Excellent dining space. Completely renovated Kitchen and Bathroom, renovated laminated flooring, updated Range and Dishwasher, updated LED lights and Thermostat, and newly installed window blinds. It is a well-managed building with very supportive and active property management. High Fraser school ranking for both elementary and secondary school. TTC just outside of building W/24hr bus service. Minutes to Markham Transit, Highway 401 & 404. Shopping plaza across road W/supermarket, restaurants, bank, Tim, medical office and many more. Woodside Sq mall few bus stops, Walking distance to schools, Milliken Park with trails, a pond, and a toboggan hill! It's an awesome property. Just move in & enjoy. Facilities include an indoor pool, tennis court, ping pong, gym, party room/meeting room, sauna, and tons of visitor parking. **** EXTRAS **** All ELFs, All Existing Window Coverings(Zebra Blinds) Fridge, Stove, Washer, Dryer, Range Hood, Microwave, Quartz Countertop , Pot lights. (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $449,900
House For Sale in hamilton, 45 Dalhousie Avenue

45 Dalhousie Avenue

Hamilton, Ontario

2 Bedroom 1 Bathroom 885 sqft
Excellent opportunity to get into the housing market with this nice 2 bedroom, 1 bath home. The home boosts a large living room with a good sized kitchen with a separate eating area that is adjacent to the kitchen. The unfinished basement has a back entrance with a blank canvas waiting for the next owner to work their magic. The large backyard is fully fenced and enhanced by a lovely gazebo. Conveniently located in vibrant Crown Point neighborhood with shopping, restaurants, buses and highway access just around the corner. (id:51158)
Homes for sale in Hamilton
For sale $470,000
House For Sale in mississauga, #616 -2900 BATTLEFORD RD

#616 -2900 Battleford Rd

Mississauga, Ontario

1 Bedroom 1 Bathroom
Attention first-time home buyers or empty nesters!! Fantastic value for a condo in Mississauga! Bright & spacious corner 680 Sqft (per MPAC) 1bed + 1bath condo in the heart of Meadowvale allows you to enjoy unobstructed views right from your very own private balcony. Open concept living & dining with updated laminate flooring, upgraded bathroom, washing machine/storage, tile flooring in kitchen and entry & home painted in a neutral decor. The kitchen backsplash and countertops updated. Updated lighting fixtures thru out and updated A/C. 1 parking + low property taxes + low condo fees! Condo fee includes heat, hydro & water!! Tons of building amenities: gym, tennis court, playground, garden area, party room, outdoor pool and sauna! Steps to a large shopping complex, public transit, restaurants, grocery stores, hwy 401 & hwy 407. Close to walking trails, lakes Aquitaine and Wabukayne for an active lifestyle. **** EXTRAS **** Fridge, stove, washer, dishwasher, all window coverings. Wall mount TV if requested in an offer. (id:51158)
Homes for sale in Mississauga
For sale $499,888
House For Sale in toronto, #404 -2300 ST CLAIR AVE W

#404 -2300 St Clair Ave W

Toronto, Ontario

2 Bedroom 1 Bathroom
Live Life Exclusively And Elegantly! Bask In Daylong Sunlight In This Stunning Southern Facing Slice Of Heaven In Highly Sought After Junction Neighborhood. Where High Design and Demand Meets Peak Convenience With Easy Access To All Amenities, Grocery, Top Rated Schools, Stockyard Village, High Park, Highways, and Public Transit. This Gorgeous Unit Boasts Floor To Ceiling Windows With Unparalleled Attention To Detail And Extraordinary Finishes. With Over 600 Sqft of Expansive Open Concept Living Space and An Enlightening Open Air Balcony. Freshly Professionally Painted And Meticulously Cleaned. Welcome Home To This Opulent Unit! **** EXTRAS **** Stainless Steel Fridge, Stainless Steel Glass Cook Top Stove, Stainless Steel Whirlpool Built In Microwave, Built In Flush Dishwasher, Washer And Dryer, Smooth Ceilings, Freshly Painted and Professionally Cleaned (id:51158)
Homes for sale in Toronto
For sale $475,000
House For Sale in toronto, #2711 -68 SHUTER ST

#2711 -68 Shuter St

Toronto, Ontario

1 Bathroom
Studio unit in trendy Church/Yonge corridor! Juliet balcony with great city views! Be in the centre of everything! Only 6 min walk to eaton centre & ttc, 3 min walk to Dundas street cars. 4 min walk to St. Michael's Hospital, 7 min walk to Ryerson. 3 min walk to either Dundas st. E or Queen St. E.This location is close to everything you need to live, work and play in downtown Toronto. **** EXTRAS **** Amenities (exercise room, party room/lounge area, terrace). Unit includes: built-in kitchen stainless steel appliances (fridge, stove, dishwasher, microwave), washer, dryer, existing light fixture and window coverings. (id:51158)
Homes for sale in Toronto
For sale $499,900
House For Sale in hamilton, 67 GRAHAM AVE N

67 Graham Ave N

Hamilton, Ontario

3 Bedroom 2 Bathroom
Be the proud new owner of this 3 bedroom, 2 bathroom detached home which is situated directly beside the Pipeline Trail and is only a 5min walk to the amazing restaurants and shops of Ottawa St N! The main floor features a large living/dining room and spacious kitchen which is perfect for entertaining family and friends. Unique to this house is 2 separate yards (1 at side of house and 1 at rear), with low maintenance. The basement is partially finished with another 4-pce bathroom and additional space for storage or rec room. Driveway could fit 2 smaller vehicles. Easy access to the QEW/403 and Redhill Valley Pkwy/Linc. Schools and Hamilton Public Library in close walking proximity. (id:51158)
Homes for sale in Hamilton

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.