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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 $39,000
House For Sale in toronto, 525 EGLINTON AVENUE W

525 Eglinton Avenue W

Toronto, Ontario

Licensed Holistic Spa Business For Over 20 Years , Low Rent ,Make Great Money busy Intersection With Great Foot Traffic.4 Treatment Rooms + 1 Staff lounge with Washer and Dryer . 1 Bathroom with Shower. 1 Lobby. **** EXTRAS **** rent $2800 including TMI and water per month with 1 Fixed Parking Space. (id:51158)
Homes for sale in Toronto
For sale $350,000
House For Sale in toronto, F5 - 2 BLOOR STREET E
Restaurant

F5 - 2 Bloor Street E

Toronto, Ontario

333 sqft
Don't Miss This Incredible Opportunity To Own A Thriving Subway Franchise In The Heart Of Downtown Toronto's Bustling Yonge & Bloor Area! Perfectly Situated In The Food Court Of A Busy Office Building, This Established Business Is Primed For Success And Growth. Turnkey Operation With A Strong Customer Base. Excellent Growth Potential As More People Return To Work. Comprehensive Training And Support From The Subway Franchise Team. (id:51158)
Homes for sale in Toronto
For rent $15,000 Monthly
House For Sale in milton, 13325 FIFTH LINE

13325 Fifth Line

Milton, Ontario

50 ac
Horse Farm For Lease Almost 50 Acres Farm, Have 5 Barn, 114 Horse stalls, 6 Paddocks, 1.2 Kilometer Horse Track, 6 Bedroom House, 3 Full Bath, 1 2pc Bath, Close To Mohawk casino And race Track Just Minutes Away From Hwy 401, Rockwood, Acton, Guelph. **** EXTRAS **** 6 Bedroom House, 5 Barn, 114 Horse Stalls, 6 Paddock,1.2 Kilometer Horse Track. (id:51158)
Homes for sale in Milton
For sale $500,000
House For Sale in toronto, 101 RIVALDA ROAD W
Manufacturing

101 Rivalda Road W

Toronto, Ontario

2 Bathroom 7500 sqft
*Sale of Business* Marble, Granite, Quartz and Porcelain Countertops, Fireplaces, Tiles, Floors, Backsplash, Bathrooms, Kitchens Fabrication and Installation. Selling and Supplying Premium First Quality Materials. Beautiful Showroom, Lots of samples, Kitchen and Island Displays, Tables, chairs included. Office, Kitchen, 2 Washrooms. Great Revenue and Clientele. Inventory extra evaluaded at $500,000 available. Inventory of Italian Marbles, Quartizites, Quartz, Porcelain and Natural Stones slabs. Lease term 3 Years + 5 Years renewable (id:51158)
Homes for sale in Toronto
For sale $149,900
House For Sale in toronto, MAIN - 413 SHERBOURNE STREET

Main - 413 Sherbourne Street

Toronto, Ontario

Sale of Optometrist & Optical Business In a Very Busy High Traffic Downtown Location With A Great Lease Rate!! Over 28 Years in Business, 25 Years By The Existing Owner. A Great Opportunity Recent Grads Looking To Run Your Own Practice Or Existing Optometrist Looking To Expand Current Business. A Big Opportunity To Grow The Business - The Owner Has Been Part-Time In The Business For Over 10 Years\n\n **PLEASE DO NOT GO DIRECT OR SPEAK TO THE STAFF** (id:51158)
Homes for sale in Toronto
For sale $229,500
House For Sale in hamilton, #15 - 2 KING STREET W
Restaurant

#15 - 2 King Street W

Hamilton, Ontario

600 sqft
Well-known, high quality, fresh and healthy food. Offering turnkey restaurant business (FIT FOR LIFE) franchise opportunity inside the famous Jackson Square Mall. Excellent location in food court. One person can operate with short hours (9:30 am to 6 pm), low rent plus TMI ($2000), and a franchise fee paid for ten years. (id:51158)
Homes for sale in Hamilton
For sale $49,900
House For Sale in mississauga, 14 - 1100 DUNDAS STREET W

14 - 1100 Dundas Street W

Mississauga, Ontario

1200 sqft
AMAZING OPPORTUNITY TO PURCHASE A VERY UNIQUE AND SUCCESSFUL BUSINESS IN HEART OF MISSISSAUGA. SMALL PLAZA LOCATION ON DUNDAS ST W, WELCOME TO THE ONE AND ONLY SALT CAVE , TURKISH SPA & HAMMAM TURKISH BATH , ALL NATURAL ORGANIC PRODUCTS LINE EXCLUSIVELY USED! ALL TURN KEY AND READY FOR NEW OWNER . **** EXTRAS **** ATTRACTIVE NEW LEASE IN PLACE ,5YEARS +5 $2200/PER MONTH. PLENTY OF FREE PARKING , GREAT EXPOSURE , WELL ESTABLISH SPA , BEST ORIENTAL AMBIANCE, SALT CAVES TREATMENT ROOMS WITH ENDLESS HEALTH BENEFITS (id:51158)
Homes for sale in Mississauga
For sale $29,999
House For Sale in toronto, 1980 EGLINTON AVENUE W

1980 Eglinton Avenue W

Toronto, Ontario

2 Bathroom 2000 sqft
Fantastic ""turnkey"" opportunity to own and operate a liquidation discount outlet store that features an extensive and diverse array of products. The store spans a generous and open 2,000 square feet on the main floor, boasting 10-foot-high ceilings, along with a full basement featuring 8-foot-high ceilings - perfect for additional retail space or storage. Additionally, there is parking available for 2 cars at the back and a rear entrance for deliveries. Street parking for customers makes it convenient for them to park and shop. With the current owner ensuring a steady supply of inventory, you can focus your efforts on increasing sales and maximizing your bottom line. The consistent arrival of new products acts as a magnet for devoted and repeat clientele who are attracted by unbeatable deals and savings. This opportunity is ideal for a dedicated entrepreneur with a strong work ethic. The Seller will providing training. **** EXTRAS **** Tenant to pay own hydro, plus 50% of gas and 20% of water. (id:51158)
Homes for sale in Toronto
For sale $400,000
House For Sale in toronto, 451 DANFORTH AVENUE
Restaurant

451 Danforth Avenue

Toronto, Ontario

900 sqft
Gongcha Danforth, strategicallly located in the heart of the lively Danforth corridor, stands out as a prime investment opportunity in the bustling beverage sector. Since its launch, Gongcha Danforth has seen remarkable profits, showing its undeniable appeal to the modern consumers. Unlike standalone outlets, this store benefits greatly from its globally renowned Gongcha franchisor. Their support guarantees a proven business model and huge brand recognition at surprisingly low franchise fees. The real testament to Gongcha Danforth's success, however, is its solid base of loyal customers. Regardless of the season, sale is steady along with both walk-in and online orders. An investment in Gongcha Danforth isn't merely about buying a shop; it's a bout owning a piece of the globally acclaimed Gongcha brand in one of the city's most vibrant neighborhoods. **** EXTRAS **** Sales include all asset of the busienss, equipments & leasehold improvements. Inventory is not included. (id:51158)
Homes for sale in Toronto
For sale $229,500
House For Sale in hamilton, 2 King Street W|Unit #15
Restaurant

2 King Street W, Unit #15

Hamilton, Ontario

600 sqft
Well-known, high quality, fresh and healthy food. Offering turnkey restaurant business (FIT FOR LIFE) franchise opportunity inside the famous Jackson Square Mall. Excellent location in food court. One person can operate with short hours (9:30 am to 6 pm), low rent plus TMI ($2000), and a franchise fee paid for ten years. (id:51158)
Homes for sale in Hamilton
For sale $343,000
House For Sale in mississauga, 1 - 1672 DUNDAS STREET E
Retail and Wholesale

1 - 1672 Dundas Street E

Mississauga, Ontario

1775 sqft
BIG opportunity to invest or to become own BOSS with high volume store. This turn key operation offers to become your own boss and dream come true opportunity. Avg weekly revenue around $13000(Cig 60% @12%),Lotto Commission $6500/Mth, Bit Coin $350 /Mth, Atm $250/Mth, Ria $200/Mth. Lease available 4+5, Very Low rent $5080 (Incl.TMI).Big potential to add Vape store and Courier services. Seize the golden opportunity in the busiest area. **** EXTRAS **** All Business information is As Provided by Seller. Listing Agent\nhas not Verified Accuracy. Buyers are Welcome to Perform Due Diligence. (id:51158)
Homes for sale in Mississauga
For sale $223,900
House For Sale in burlington, 46 - 760 BRANT STREET
Retail and Wholesale

46 - 760 Brant Street

Burlington, Ontario

3128 sqft
Independent Convenience Store (Hasty market)located on main level in Burlington Square plaza with amazing exposure and access from main road and from Plaza which holds two level of College, Offices, Clinic, Dentist, and various business along with residential units. Very spacious, well laid out and managed under new management. Avg Weekly Sale $12000/Wk, (Cigarette @ 30%), Lotto COMM @ 24000 / year. Additional Bitcoin/Money transfer/Atm/Miscellaneous income at 16000/year. Rent Including Tmi & Utilities $5100/Mth with Lease expiry August 2028 . Business Hours: 8-10 (7 days). New development coming around this location. Great operation for young couple or single owner. **** EXTRAS **** All Business Information Is As Per Seller And Listing Agents Do Not Warrant The Accuracy (id:51158)
Homes for sale in Burlington
For sale $223,900
House For Sale in burlington, 760 BRANT Street Unit# 46

760 Brant Street Unit# 46

Burlington, Ontario

Independent Convenience Store (Hasty market) located on main level in Burlington Square Plaza with amazing exposure and access from main road and from Plaza which holds two level of College, Offices, Clinic, Dentist, and various business along with residential units. Very spacious, well laid out and managed under new management. Avg Weekly Sale $12000/Wk, (Cigarette @ 30%), Lotto COMM @ 24000 / year. Additional Bitcoin/Money transfer/Atm/Miscellaneous income at 16000/year. Rent Including Tmi & Utilities $5100/Mth with Lease expiry August 2028 with renewal option. Business Hours: 8-10 (7 days). New development coming around this location. Great operation for young couple or single owner and earn good income. (id:51158)
Homes for sale in Burlington
For sale $224,900
House For Sale in mississauga, 1D26 - 7215 GOREWAY DRIVE
Retail and Wholesale

1d26 - 7215 Goreway Drive

Mississauga, Ontario

182 sqft
Excellent Opportunity To Start Your Own Business In New Westwood Square Mall....Good Size Unit...Just Next To The Mall Entrance Approximately 182 Sq. Ft. Very Low Maintenance Fee. Free Wifi. Well Suited For Any Business: Retail/Professional/Dental /Consulting & Travelling. Well Established High Traffic Location Along With Major Stores Like Fresco, Tim Hortons, Lcbo, Shoppers Drug Mart, Td, Scotia Bank And Many More. Unit currently tenanted . Tenant paying $1600+HST monthly. Don't Miss This Opportunity!!! **** EXTRAS **** Great Location, Shopping Mall Open 7 Days. Close To Mall Main Entrance And Mall Main Center Corridor. Walking Distance To Busy Bus Terminal. Close To Highway 407/427 & 401. Please Do Not Go Direct & Talk To Tenant. (id:51158)
Homes for sale in Mississauga
For sale $500,000
House For Sale in toronto, 1D18** - 4675 STEELES AVENUE E
Retail and Wholesale

1d18** - 4675 Steeles Avenue E

Toronto, Ontario

862 sqft
Amazing And Rare Opportunity To Own Five Retail/Office Stores In The Most Diversified Shopping Mall At Kennedy And Steeles. **#1D18 (200 Sq.Ft.), #1D20 (200 Sq.Ft.), #1D22 (131 Sq.Ft.), #1D25 (131 Sq.Ft.) And #1D27 (200 Sq.Ft.). Across From Pacific Mall & Famous Remington's Project, Remington Centre. Tons Of Surface Parking Spaces. Close To Go Station, Bus Stops, 401/404, Attractive Price. Don't Miss Out! **** EXTRAS **** **Units #1D18, #1D20, #1D22, #1D25, And #1D27. These Units Situated At The Best Spot In The Mall Next To The Stage & Front Entrance. (id:51158)
Homes for sale in Toronto
For sale $225,000
House For Sale in oakville, 8 - 2690 WESTOAK TRAILS BOULEVARD
Restaurant

8 - 2690 Westoak Trails Boulevard

Oakville, Ontario

890 sqft
Excellent opportunity to own a location of one of the fastest growing Chicken Wings franchises WingsUp located on WestOak Trails Blvd right in the middle of the residential area in Oakville. It is a well-established Brand. The restaurant is located in a highly visible, high-traffic area Surrounded by high-density residential. Annual gross sales are over 225k. Very Low Rent of $ 2760.00 (Incl. TMI)+HST per Month. Please do not visit the restaurant without an appointment and do not talk to the staff. Very good potential for owner-operator. The Owner is retiring now. This is a very good location for owner-operator. **** EXTRAS **** Easy To Operate, Great Opportunity, Great location, and lot of potential for owner-operator to increase sales. Sales Price Includes All Equipment And Chattels. Inventory Is Extra. Any equipment on a lease has to be assumed by the Buyer. (id:51158)
Homes for sale in Oakville
For sale $349,800
House For Sale in hamilton, 737 Golf Links Road
Other

737 Golf Links Road

Hamilton, Ontario

3000 sqft
Are you passionate about transforming living spaces into personalized sanctuaries? Seize the opportunity to own a well-established & thriving home decor and bedding business. Owner is retiring and ready to pass the torch to an enthusiastic entrepreneur & is committed to providing extensive training with the exclusive inventory to ensure future success. Benefit from their years of experience, industry insights and established reputation. Strategically located in Prime Location of Meadowlands Power Center, next to Indigo and LCBO, close to highways. This rare opportunity features a stable business model, a loyal customer base and consistent customer traffic. This business is ready for a seamless transition. Walk into a fully operational and profitable venture with this turnkey home decor and bedding business. (id:51158)
Homes for sale in Hamilton
For sale $295,000
House For Sale in mississauga, 6815 AIRPORT ROAD
Restaurant

6815 Airport Road

Mississauga, Ontario

2 Bathroom 1975 sqft
Turnkey Restaurant opportunity on airport road beside international centre. Newly built restaurant 5 years old. Has two kitchens fully functional , each with hoods, separate entrances , and equipment, that can be operated independently, Perfect for: dine-& take-out concept in front; and a catering, commercial, ghost kitchen concept in back. All equipment, walkin coolers, fridges, ovens, stoves, stations, furniture included. 60 seat capacity in dining room. Base rent: $6098.58/m + TMI **** EXTRAS **** Other tenants in the Plaza: A&W , Popeyes Louisiana Kitchen, Burrito Boys, Osmow's Shawarma, Firehouse Subs, Le Kochi, egg smart, Freshi. (No other Indian cuisine permitted) (id:51158)
Homes for sale in Mississauga
For sale $399,900
House For Sale in toronto, 804 - 2800 WARDEN AVENUE S

804 - 2800 Warden Avenue S

Toronto, Ontario

3 Bedroom 2 Bathroom
Sunny South View 2 Bed+1 Sunroom, 1021 Sqft. W/Parking Features: Kitchen W/New Floor, Built-In Appliances, New Light Fixtures, Ceramic Foyer & Freshly Painted. Enjoy St. Paul's Terrace Seniors Residence Living 55+Yrs. With 24Hr. Emergency Response, Recreational/Support Programs & Many Services Available: Restaurant, Hair Salon, Church & Garden. **** EXTRAS **** New Kitchen Floor, New Lighting, With Fridge, Stove, B/I Dishwasher & Hood Fan, Stacked Washer & Dryer, Washrooms Equipped W/Grab Bars, All Window Coverings, All Electric Light Fixtures. One Underground Parking. (id:51158)
Homes for sale in Toronto
For sale $48,000
House For Sale in toronto, 107 A - 4002 SHEPPARD AVENUE E

107 A - 4002 Sheppard Avenue E

Toronto, Ontario

921 sqft
Top Brand Bubble Tea Business Located In Stc. Mostly New Equipment And Fixtures. Suggested Uses Include Take Out Restaurant, Bubble Tea, Dessert, Cafe Or Any Other General Retail Uses. Ready To Start Your Business Immediately, Easy To Operate. Open 7 Days A Week **** EXTRAS **** Low Rent Low Risk!!!!!! Base Rent Only $1800, Tmi & Utilities are extra. (id:51158)
Homes for sale in Toronto
For sale $105,000
House For Sale in toronto, 1160 ALBION ROAD

1160 Albion Road

Toronto, Ontario

1100 sqft
Well Established Aquarium And Parrot Store Since 2010. Rare opportunity to own a highly competitive business.Fewer competitors, High Profits.Easy Operation , Short Business Hours..Prime Location, High density population area. Seller privdes two weeks free training before or after transaction. **** EXTRAS **** 1100Sqft retail area with full size basement for inventory,affordable low rent $3500/mon+Hst.New lease available. (id:51158)
Homes for sale in Toronto
For rent $55,000 Monthly
House For Sale in toronto, 5102 - 183 WELLINGTON STREET W

5102 - 183 Wellington Street W

Toronto, Ontario

3 Bedroom 4 Bathroom
5 Stars Elegant & Ultra Luxurious Private Residence Sub Penthouse at the Legendary Ritz Carlton with 24 hrs Concierge, 12 foot High Ceilings with Floor to Ceiling Windows, Spanning Half a Floor on 51st Floor, Open Air Terrace, Doorman, Valet Parking, House Car, Maid Service, Guest Suite, Theatre Rm, Board Rm, Private Gym, Salt Water Pool, My Blend Spa, Double Bali Bed, Outdoor Heated Fireplace, Sky Garden with Fabulous Lakeview, Direct Elevator Access to Foyer, Unobstructed Lake & City Views Graciously Facing South Lake View, North City View, East City View & South West Sunset View, Finish with the Tiniest Details to Suit the Most Luxurious Living at the Ritz. **** EXTRAS **** Sub-Zero B/I Fridge/Freezer, Wolf 5 Burner Gas Cooktop, Wolf Oven, Wolf Microwave, Miele D/W, Sub-Zero W/I Wine Fridge, Front Load Washer/Dryer. 4 Underground Parking, 1 Secure Rm as Locker. (id:51158)
Homes for sale in Toronto
For rent $15,900 Monthly
House For Sale in oakville, 59 BEL AIR DRIVE

59 Bel Air Drive

Oakville, Ontario

6 Bedroom 5 Bathroom
Welcome to 59 Bel Air Drive in Morrison, one of Oakville’s finest neighborhoods. Enjoy breathtaking views of the the waterfront in the comfort of your own home, or take a relaxing stroll at the park. This 6 bed, 6 bath home features double car garage, 10' ceilings, hardwood flooring throughout, crown moulding and over 5,000 sqft plus fully finished basement . Spacious entry way, walking into the living room with a huge window for natural lighting. Large dining room with a beautiful chandelier and beamed ceilings. This luxury fully upgraded customized eat-in kitchen has a large marble centre island , high-end appliances and cabinetry. Oversized family room with gas fireplace plus mud room access to the garage . Amazing views of the waterfront from the open-concept primary bedroom and 5-piece luxury bathroom. The spacious basement has a bedroom and a 3 piece bathroom. **** EXTRAS **** Sprawling backyard offers complete privacy and lush green space . Close to many amenities including Major Highways, Schools/Private Schools, Shopping, Restaurants and Parks. (id:51158)
Homes for sale in Oakville
For rent $15,900 Monthly
House For Sale in oakville, 59 Bel Air Drive

59 Bel Air Drive

Oakville, Ontario

6 Bedroom 6 Bathroom 5166 sqft
Welcome to 59 Bel Air Drive in Morrison, one of Oakville’s finest neighborhoods. Enjoy breathtaking views of the the waterfront in the comfort of your own home, or take a relaxing stroll at the park. This 6 bed, 6 bath home features double car garage, 10' ceilings, hardwood flooring throughout, crown moulding and over 5,000 sqft plus fully finished basement . Spacious entry way, walking into the living room with a huge window for natural lighting. Large dining room with a beautiful chandelier and beamed ceilings. This luxury fully upgraded customized eat-in kitchen has a large marble centre island , high-end appliances and cabinetry. Oversized family room with gas fireplace plus mud room access to the garage . Amazing views of the waterfront from the open-concept primary bedroom and 5-piece luxury bathroom. The spacious basement has a bedroom and a 3 piece bathroom. Sprawling backyard offers complete privacy and lush green space . Close to many amenities including Major Highways, Schools/Private Schools, Shopping, Restaurants and Parks. Book a showing today! (id:51158)
Homes for sale in Oakville

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.