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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 $499,000
House For Sale in toronto, #1715 -710 HUMBERWOOD BLVD

#1715 -710 Humberwood Blvd

Toronto, Ontario

1 Bedroom 1 Bathroom
Step Inside This Fantastic 1-Bedroom, 1-Bathroom Residence In Tridel's Mansions Of Humberwood! Featuring An Inviting Open-Concept Layout, Abundant Natural Light, And Scenic Views Of The Greenbelt Conservation And Humber River. Conveniently Located Near Schools, Shopping, Public Transit, Hospitals, And The Lively Woodbine Racetrack. Whether You're A First-Time Buyer Or An Investor, This Property Offers A Great Opportunity. (id:51158)
Homes for sale in Toronto
For sale $495,000
House For Sale in toronto, #1416 -430 MCLEVIN AVE

#1416 -430 Mclevin Ave

Toronto, Ontario

2 Bedroom 1 Bathroom
BEAUTIFUL ONE BEDROOM PLUS DEN LAMINATE FLOORS THRU-OUT WALK-IN CLOSET ENSUITE LAUNDRY ROOM NORTH WEST VIEW DEN CAN BE USED AS SECOND BEDROOM IT OVERLOOKS A PARK CLOSE TO SHOPPING SCHOOLS PLACES OF WORSHIP MEDICAL CENTRES COMMUNITY CENTRE 401 STC BUS AT DOORSTEP NEWLY RENOVATED RECREATION AND GYM FACILITIES 2 PARKINGS SPOTS CAN GENERATE EXTRA INCOME FROM RENTAL 24 HOURS GATE HOUSE SECURITY ...MAYFAIR ON THE GREEN EXCELLENT BUILDING ... **** EXTRAS **** STAINLESS STEEL FRIDGE STOVE B/I DISHWASHER ...WHITE STACKED WASHER AND DRYER (id:51158)
Homes for sale in Toronto
For sale $445,000
House For Sale in burlington, 100 BURLOAK Drive|Unit #2407

100 Burloak Drive, Unit #2407

Burlington, Ontario

1 Bedroom 1 Bathroom 745 sqft
Welcome to carefree retirement living, “Hearthstone by the lake” resort style condo ownership. Spacious 1 bed plus den layout with stainless steel appliances and tastefully updated kitchen. In-suite laundry. Upgrades include full bathroom renovation with spa style glass shower with seat & safety bars, high end bidet style toilet, crown moulding throughout, automatic front door opener & freshly painted. Clubhouse fee includes 1 hour of monthly housekeeping, $250+ meal/dining credit(meals can be delivered to your room), shuttle service, onsite handyman, emergency call system, library, pool, fitness facility, dining room, games/billiards room, on-site medical, pharmacy dispensary and gorgeous outdoor courtyard. Steps to the Lake in a fantastic location. Includes underground parking spot & locker storage. (id:51158)
Homes for sale in Burlington
For sale $498,800
House For Sale in mississauga, #2209 -3700 KANEFF CRES

#2209 -3700 Kaneff Cres

Mississauga, Ontario

2 Bedroom 1 Bathroom
Welcome to 3700 Kaneff Crescent, Unit 2209, nestled in the heart of Mississauga's highly desirable location! This spacious and elegant 1-bedroom plus den, 1-bathroom condominium presents a versatile layout suitable for a small family or a couple. The den offers flexibility to serve as a home office, workout space, or a cozy nursery for a little one. Tastefully upgraded and impeccably maintained, this unit is move-in ready, boasting newer appliances and tasteful laminate flooring throughout.Residents enjoy the convenience of 24-hour concierge service, a fully-equipped gym, an inviting indoor pool, and a stylish party room for entertaining guests. Located just a stone's throw away from Square One, this property offers easy access to a plethora of amenities, making it an ideal choice for urban living at its finest. Plus, it's just steps away from the future LRT, enhancing connectivity and accessibility for residents. (id:51158)
Homes for sale in Mississauga
For sale $475,000
House For Sale in toronto, #1107 -15 MAPLEWOOD AVE

#1107 -15 Maplewood Ave

Toronto, Ontario

1 Bedroom 1 Bathroom
This South facing one bedroom condo is conveniently situated between Cedarvale Park and Wychwood! Here, you are steps from the shops and restaurants of St Clair Ave including Loblaws, Shoppers Drug Mart, LCBO, Starbucks and more! Here on this tree-lined street, while you are a quick walk from the St Clair Streetcar (feeding to St Clair West Subway) you also have quick access to parks, ravines and trails! Walk into well over six hundred square feet of open space, wood floors, floor to ceiling windows and the sun over the downtown core coming from the lake! In addition to an exceptional use of space and a functional layout, this unit also comes with PLENTY of storage! In the kitchen find stainless steel appliances and a stackable washer dryer in the hall closet! (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in oakville, #22 -2492 POST RD

#22 -2492 Post Rd

Oakville, Ontario

2 Bedroom 2 Bathroom
No Stairs Condo Townhouse / Freshly Painted 2 Bedrooms With 2 Washrooms/ Primary Bedroom Has A Computer Nook & A Walk-In Closet / In-Suite Laundry,... Prime Location In Oakville/ Close To Hwy 403, Hwy 407, QEW, Go Station.... Walking Distance To Walmart, Superstore, LCBO, Beer Store, Restaurants, Recreational Centres, Parks, Trails,... **** EXTRAS **** Fridge / Stove / Dishwasher / Microwave / Washer And Dryer / All Window Coverings / All Existing Light Fixtures (id:51158)
Homes for sale in Oakville
For sale $399,900
House For Sale in burlington, #418 -1141 COOKE BLVD N

#418 -1141 Cooke Blvd N

Burlington, Ontario

1 Bedroom 1 Bathroom
Get rid of your rental and invest in your own future in Burlington's popular Aldershot neighborhood! This trendy one-bedroom urban stacked townhouse condo offers hassle-free living. Enjoy the luxury of no front neighbors, creating a sense of added space compared to interior units, along with gorgeous ""Golden Hour"" sunlight on your spacious 84 square foot private terrace. The unit is completely carpet-free and boasts 9-foot ceilings, convenient in-suite laundry, and a secure underground parking spot (#43). The kitchen showcases quartz countertops, a tiled backsplash, appliances, breakfast bar, and an open view to the living area. You'll find a bedroom and a 4-piece bathroom with a quartz countertop, as well as a stacked washer and dryer. This residence is a commuter's dream, with proximity to all amenities: GO Station, easy highway access, and only minutes away from eateries, stores, cafes, supermarkets, Lake Ontario, Park, the Marina **** EXTRAS **** Stainless Steel Fridge, Stove, Dishwasher; Freestanding Microwave, Washing Machine & Dryer, All Electrical Light Fixtures. (id:51158)
Homes for sale in Burlington
For sale $499,000
House For Sale in toronto, #1607 -50 FOREST MANOR RD

#1607 -50 Forest Manor Rd

Toronto, Ontario

2 Bedroom 1 Bathroom
Beautiful One Bedroom + Den Condo Unit In Prime North York Location. This Unit Has An Amazing Open Concept Layout, Floor To Ceiling Windows And Views From The Balcony. The Modern Kitchen Features Quartz Counters, Built In Appliances And Lots Of Cabinets. State Of The Art Amenities Include Party Room, Steam Room, Pool, Hot Tub, Gym And More! This Condo Is Centrally Located Near The Intersection Of Highway 404/DVP And 401. It Is Walking Distance To The Subway Station, Bus Stops, Fairview Mall, Medical Offices, Entertainment, Dining, Large Employers, Community Centre, Library And More. **** EXTRAS **** Fridge, Stove, B/I Microwave, Dishwasher, Stacked Washer and Dryer, Elf. One Parking and One Locker (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, #1606 -1910 LAKE SHORE BLVD W

#1606 -1910 Lake Shore Blvd W

Toronto, Ontario

1 Bedroom 1 Bathroom
Enjoy Daily Sunrises From A Stunning South-East Facing View With Incredible Views Of The Toronto Skyline, Lake Ontario and High Park. Truly A Hidden Gem On Toronto's Waterfront! Rarely Offered And Highly Sought After Neighborhood. S/S Appliances, Granite Counter + New Laminate Flooring. Open Concept Living/Dining Room With Walk-out To Balcony. Spacious Master W/ Mirrored Double Closet & Floor-to-Ceiling Windows. Steps To High Park, Lake, Beach, Boardwalk, Trail, Transit, Bloor West Village, Sunnyside Beach & Pool. A Serene and Beautiful Location - You Don't Want to Miss Out on This Gorgeous Home! (id:51158)
Homes for sale in Toronto
For sale OPEN HOUSE $499,000
House For Sale in mississauga, #110 -111 BRISTOL RD E

#110 -111 Bristol Rd E

Mississauga, Ontario

1 Bedroom 1 Bathroom
HAVE YOU BEEN LOOKING FOR SOMETHING AFFORDABLE? ARE YOU LOOKING TO DOWNSIZE? TRYING TO GET INTO THE MARKET? ARE YOU A FIRST TIME HOME BUYER? LOOK NO FURTHER! THIS PRIME LOCATION CONDO IS THE PERFECT PLACE TO CALL HOME. WITH EASY ACCESS TO MAJOR HIGHWAYS LIKE 401/403/407 AND THE UPCOMING LRT BRISTOL-HURONTARIO STOP, COMMUTING HAS NEVER BEEN EASIER. THIS CORNER UNIT, WITH A VIEW, HAS ONE OF THE MOST CONVENIENT PARKING SPOTS (LOCATED BESIDE THE STAIR-WELL), A RECENTLY RENOVATED KITCHEN (2022) WITH PRISTINE WHITE QUARTZ COUNTERTOPS, A MATCHING BACKSPLASH, AN EXTENDED BREAKFAST COUNTER, NEW BLACK STAINLESS-STEEL APPLIANCES, A DOUBLE UNDERMOUNT SINK, SOFT-CLOSE CUPBOARD DOORS & BRUSHED BRASS HARDWARE. ENJOY ADDED LUXURIES LIKE A FULL-SIZE WASHER AND DRYER AND THE INDULGENCE OF A HEATED BATHROOM FLOOR. THE LOW MAINTENANCE FEE INCLUDES BUILDING INSURANCE, WATER, POOL ACCESS, CHILDRENS PLAYGROUND, AND VISITOR PARKING. LOCATED WITHIN WALKING DISTANCE OF SUPERMARKETS, RESTAURANTS, CAFES, SHOPS, AND SCHOOLS, THIS GEM OFFERS A LIFESTYLE OF UNPARALLELED CONVENIENCE. DON'T LET THIS FANTASTIC OPPORTUNITY SLIP THROUGH YOUR FINGERS! **** EXTRAS **** Aircon Unit (2016), Furnace (2016), And Hot Water Heater (2020) Owned. (id:51158)
Homes for sale in Mississauga
For sale $498,000
House For Sale in toronto, #803 -2087 LAKE SHORE BLVD W

#803 -2087 Lake Shore Blvd W

Toronto, Ontario

1 Bedroom 1 Bathroom
Lake View,Newly Renovated, prestigious Waterford Condos, west end of marvelous Toronto, south facing Lake view unit! Wall To Wall Windows, Bright Spacious & Extra Wide, Flooded with light from the floor to ceiling windows. 1 Parking and 1 Locker.Upgraded kitchen with brand new Fridge Stove and B/I Microwave include gorgeous granite counter tops, new cabinets and custom backsplash.with your gas BBQ on your terrace. only minutes from Mimico Go Train Station **** EXTRAS **** Luxury living w hotel like amenities including: 24 hr concierge, indoor lap pool, gym, Party/Meeting Room, Rooftop Deck guest suites and visitor parking.EV Charger (id:51158)
Homes for sale in Toronto
For sale $415,000
House For Sale in toronto, #218 -60 GEORGE BUTCHART DR N

#218 -60 George Butchart Dr N

Toronto, Ontario

1 Bathroom
Welcome To Mattamy's Saturday At Downsview! Extremely Functional Open Concept Layout. Enjoy This Studio Unit That Overlooks The 291 Acre Downsview Park! Modern Kitchen W/S.S. Appliances, & Quartz Counters! This Condo Also Offers A Range Of Amenities For Residents To Enjoy. Don't Miss This Opportunity To Live In The Vibrant And Thriving Downsview Park Community. Enjoy Amenities Including Full-Size Gym, Fitness Rm W/ Yoga Studio, Party Rm (Indoor/Outdoor), Bbq, Area, Pet Wash Area, And More! **** EXTRAS **** Tarion Warranty, Close To Subway, Buses/ Transit, Subway Station, Near York University And W/ Easy Hwy 401/400/407 Access. (id:51158)
Homes for sale in Toronto

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.