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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..
149 - 4750 Yonge Street
Toronto, Ontario
Well Established Small But Profitable Nail Salon Located In The Prime Location In North York. Ground floor with direct access to the subway lines. Excellent complex with mix of food court, retails, over 60 offices and 2 residential towers of 700 units. Direct access to yonge/sheppard subway lines, near hwy 401. High pedestrian and residence traffic. **** EXTRAS **** Monthly Rent $3000 Including Tmi&Hst&Utilities. Three Full Time Workers . Average Revenue $15k-20k /mon. (id:51158)
510 John Street N
Hamilton, Ontario
Attention First Time Home Buyers, Investors and Contractors, this is a Terrific north end opportunity in a great location just a short walk to the waterfront. Huge potential for future capital appreciation, and development. Currently a detached bungalow with a large 161’ deep lot. Property sold “as is”. Possibility of developing the land; buyer to do your own due diligence. Home is currently tenanted and tenant is willing to give vacant possession. (id:51158)
15 - 895 Lawrence Avenue E
Toronto, Ontario
Your opportunity to have more than just a taste of the renowned bubble tea brand, your next business venture. Desirably located in the upscale and\naccessible neighborhood of North York at Don Mills and Lawrence. This fully equipped shop is a turnkey operation ready for you to take over and continue\nto grow its successful operations. Bright and modern interior boasts high ceilings, great conversational seating, and a comfortably minimalistic atmosphere. **** EXTRAS **** All Chattels, Equipment & Fixtures (To Be Detailed). Franchisor Provides Strong Support, Structure & Training. (id:51158)
F014 - 1800 Sheppard Avenue E
Toronto, Ontario
Discover the Epitome of Pi Co. Pizza Bar Success at one of the Flagship Locations. Seize the Opportunity to Own your very own Pi Co. Pizza in the Heart of Fairview Mall Food Court. Indulge in the Classic Neapolitan Style as you personally craft each Pizza, Swiftly firing it in our 1000-degree oven for just 90 seconds. Fast Customer Turnarounds, Excellent Customer Service and Fresh Ingredients that Keeps Patrons Coming Back for more. Leverage Direct Sales and Various Delivery Platforms, incl. UberEats and DoorDash, to unlock your business's Potentials. Situated in the Expanding Fairview Mall and Surrounded by a Thriving Community, this is an unmissable Opportunity to own a PICO with High Profits, Ease of Operation, and Family-Friendly Appeal. PICO is the Ideal Venture. Don't just own a business; OWN a PICO, where Success is Crafted with Every Slice. **** EXTRAS **** Amazing opportunity to Own a Franchise Business with a Robust and Solid Track Record of Sales Success. Financials Available Upon Request. Buyer needs to be approved by the franchisor & Landlord. 70% Financing Available Through BMO. (id:51158)
121 King Street W
Toronto, Ontario
4 Year Old Established Multi Disciplinary Rehab Clinic Available In The Heart Of Downtown Toronto In The Underground Path Setup With All Practitioners, Reception And Equipment As Well As Gym. Perfect for an owner operator health care practitioner. Emr Health Records System In Place As Well Existing Base Of Loyal Clientele. Recession Proof Business with low rent. Practitioners Include Physiotherapists, Chiropractors, Massage Therapists, Naturopath, Etc. **** EXTRAS **** Long Lease Still Available W/ Option To Negotiate Further W/ Landlord. 200k spent in leasehold improvements w Built Out Treatment Rooms (5+1 gym). Ability to Expand Further Into next Units Is Available. Monthly Sales Increasing Each Month. (id:51158)
159 - 4750 Yonge Street
Toronto, Ontario
Prime Commercial Location. Yonge & Sheppard. Direct Access To 2 Subway Lines (Yonge And Sheppard). Retail Stores, Food Court, Tim Hortons, Lcbo. High Pedestrian And Resident Traffic With 2 Residential Towers Above (Aprox 600 Units). Unit Is In Excellent Central Location. Busy Traffic. Lots Of Business Potential. Excellent Location For All Kinds Of Professionals. (id:51158)
3001 Hospital Gate
Oakville, Ontario
Profitable & Popular Thai Express Franchise Restaurant In The Desirable Location of The Largest Hospital In Halton Region. Busy Food Court With High Traffic. Over 325,000 Patients Annually Not Including The Visitors In the Hospital. Successful Business With Good Weekly Sales, Low Rent, Low Royalty And Great Franchise Support. Currently Operating 5 Days 9 Hours Weekly. Good For Life And Work Balance. (id:51158)
4,5 - 980 Pacific Gate W
Mississauga, Ontario
Great opportunity in Mississauga. Restaurant operating at this excellent plaza location for 15 years. Surrounded by Established Business's, Office Buildings and Industrial Park. Trade name excluded. Set up your own brand in this fully equipped restaurant. Suitable for many types of cuisine. 88 seats, great for Breakfast, Lunch, Dinner, special events and catering. 15ft Hood, Walk-in Freezer and Fridge. Sale of restaurant equipment and goodwill. Very Clean, well maintained restaurant. All Equipment & Chattels are in good working condition. Approx. 2,700 sq. ft. Buyer subject to Landlord approval and new lease to be negotiated. (id:51158)
B#22 - 260 Doris Avenue
Toronto, Ontario
Underground Parking For Sale. Parking Level P2 (B #22).\nPurchaser must be Unit Owners Of this Condo Complex.\nProperty Taxes & Maintenance To Be Verified By Buyer Or Buyers Agent. \nPurchaser needs to pay additional HST for the Parking Space Price.\nPerfect for personal use or rent it out and keep it as investment. **** EXTRAS **** Price Subject To 13% Hst (id:51158)
7 - 168 Barton Street E
Hamilton, Ontario
Location, Location, Location. Currently operating as Fish and chips Dine in and Take-out Restaurant at prime location in Stoney Creek. High traffic Area with ample parking. Provision for 16 person dining inside . Variety of options. Low rent of $2384 per month including TMI. Lease valid up to Dec 31, 2026 and 10 more years . Great Opportunity to establish to restaurant with low cost of operation. **** EXTRAS **** List of equipment and chattels available. Fully equipped Kitchen with refrigerator for a restaurant (id:51158)
82 Tolton Avenue
Hamilton, Ontario
This is a wonderful opportunity for first time home buyers, investors and those who are looking to downsize! This detached bungalow is perfectly situated by parks, schools and easy access to public transportation. This home is 765 SQFT (Approx), 3 bedrooms, 1 bathroom. Absolutely nothing to do but move in! (id:51158)
3829 Lake Shore Boulevard W
Toronto, Ontario
Just Beside The Bus Stop. Same owner almost 10yrs and plan to retire now. Lease 2.5+2x5Yrs. Gross Rent $4525/M(include TMI). Weekly Sales $9500. 38% Cig . Lotto $3900/M. Other income(bitcoin, ad ,ATM,etc) $1600/m\nMonthly Net Over $10000. **** EXTRAS **** full basement used as storage now. (id:51158)
#100 - 510 Yonge Street
Toronto, Ontario
Great Opportunity To Own An Excellent Reputation And Well Known Japanese Crepe Franchise In Prime Downtown District. Walking Distance To U Of T And Subway. Full Equipment. Turn Key Operation. Seller Can Provide Training Or Could Converted To Any Type Of Cuisine. Additional 315sqft Basement. Two Parking Spaces At Rear. **** EXTRAS **** Rent $10,362/ Monthly (Include Tmi , Hst), Lease Term Till Feb 28th, 2027. (id:51158)
187 Dundas Street W
Toronto, Ontario
Location! Location! Well Established Restaurant For Sale In Downtown Toronto. Steps From Dundas/University Subway Station And Eaton Centre. Heavy Food Traffic. Success Sushi Restaurant With Steady Customer Support. Surrounded By Residential / Office / Commercial. 30 Seats LLBO. Washroom & Storage At Second Floor. Can Be Easily Converted Into Different Kind Of Cuisine. **** EXTRAS **** Low Rent $7,458.36/ Monthly (Include Tmi , Hst), Lease Term Till March 31st, 2027. (id:51158)
32 - 2601 Matheson Boulevard E
Mississauga, Ontario
Established Independent Deli Cafe, Open 5 days/week. Mon-Fri: 7:30am - 2:30pm. Under same ownership for past 22 years. Excellent location with regular client base. Fully equipped kitchen with commercial exhaust hood. Turn key operation. Long Lease with monthly rent $3,300 Gross includes TMI. Great potential to increase revenue by extended hours and full catering expansion. **** EXTRAS **** DO NOT TALK OR CONTACT STAFF AND OPERTOR. Financing up to $75,000 available to qualified Buyer with minimum $60,000 liquid asset and net worth of $200K through Sellers Representative (id:51158)
325 - 4438 Sheppard Avenue E
Toronto, Ontario
Prime Location At Oriental Centre Mall Conveniently Located At Brimley/Sheppard Area Of Scarborough. Unit Is Well Located On The 3rd Floor Next To Elevator. Mall Has Good Mix Of Various Businesses Ranging From Bank, Food Court, Department Store, Professional Services With Ttc At Doorstep And Easy Access From Hwy 401. Act Now, Won't Last! (id:51158)
216/217 - 4438 Sheppard Avenue E
Toronto, Ontario
Prime Location At Oriental Centre Mall, Conveniently Located At Brimley/Sheppard In Heart Of Scarborough. Spectacular Unit With Wall To Wall Window Store Front Exposure On One Side And Exterior Window On Other Side, Water Available In Unit. Mall Has Good Mix Of Various Businesses Ranging From Bank, Food Court, Retail Stores, Professional Services. Ttc Is At Doorstep And There Is Easy Access From Hwy 401, Lots Of Underground Parking Available. Great Opportunity For Small Business Owner Or Investor. (id:51158)
34 Fifeshire Road
Toronto, Ontario
Experience the height of luxury living in this exceptional 5+1 bedroom St. Andrews estate. Upon arrival, you'll be captivated by the breathtaking backyard oasis, complete with a sparkling swimming pool and a ravine lot that opens to an expansive 223ft at the rear. The chef's kitchen is a culinary masterpiece, showcasing top-of-the-line appliances and custom cabinetry. The master bedroom features a spa-inspired ensuite, a grand walk-in closet. Don't miss the opportunity to make this your home, where nature and luxury seamlessly coexist. **** EXTRAS **** Close to excellent schools, shopping, public transportation, major highways, parks, and the best dining options. A true must-see! (id:51158)
1260 Main Street E
Milton, Ontario
Turn key opportunity, Well established Salon Mangata since 2014 for sale in the heart of Milton. Halton Hills .Surrounded By Residential & Businesses and close to Milton downtown, high gross volume Sales, Business has a Great Reputation, with Repeated clients & lots Of Walking Customers, Heavy Traffic & Growing Numbers. Salon won awards for best salon and best stylist. At Salon Mangata all aspects of hair-colour, haircuts, perms, permanent straightening, updo's styling, treatments, head message and barbering. Specialized in wedding special events and photo shoots and much more. Salon Mangata is a known name in Milton and good ties with other businesses as well. Ample of parking space for customers. All equipment, chattels and fixtures are included in the sale of Business. Low monthly rent $1997.78 Plus Hst.Tremendous Opportunity To Build & Expand The Business. Motivated Seller, Seller Willing To Train. Do not miss the opportunity.Once It's Gone Cannot Be Replicated **** EXTRAS **** All Equipment, chattels and fixtures included in the sale of business. List attached. (id:51158)
1260 Main Street E
Milton, Ontario
Turn key opportunity, Well established Salon Mangata since 2014 for sale in the heart of Milton. Halton Hills .Surrounded By Residential & Businesses and close to Milton downtown, high gross volume Sales, Business has a Great Reputation, with Repeated clients & lots Of Walking Customers, Heavy Traffic & Growing Numbers. Salon won awards for best salon and best stylist. At Salon Mangata all aspects of hair-colour, haircuts, perms, permanent straightening, updo's styling, treatments, head message and barbering. Specialized in wedding special events and photo shoots and much more. Salon Mangata is a known name in Milton and good ties with other businesses as well. Ample of parking space for customers. All equipment, chattels and fixtures are included in the sale of Business. Low monthly rent $1997.78 Plus Hst. Tremendous Opportunity To Build & Expand The Business. Motivated Seller, Seller Willing To Train.Do not miss the opportunity. Once It's Gone Cannot Be Replicated. All Equipment, chattels and fixtures included in the sale of business. List attached. (id:51158)
23a West Park Avenue
Hamilton, Ontario
Fantastic opportunity to own a generous 40x100 ft building lot in Hamilton's West end within the lovely Ainslie Wood North neighbourhood. Perfectly located and mere minutes from McMaster University, Westdale, Dundas, Ancaster and the Linc. Fully severed lot - Severance documents available. Buyer to do own due diligence in regards to Zoning, Building Permit Availability, Levies, and any other Permits. (id:51158)
C - 21 Panabaker Drive
Hamilton, Ontario
Step into a world of culinary delight as you consider the acquisition of this established grocery store, where the rich and diverse flavors of the Middle East come to life. This business is your ticket to a flavorful journey, offering turnkey convenience and a strong community presence. From every shelf, you’ll find an array of authentic delights, a testament to the traditions and cultures of the region. This profitable opportunity opens the door to a vibrant world of unique tastes and immersive experiences, awaiting new ownership. Don’t miss your chance to take the helm of this beloved grocery store and become a part of a tradition deeply cherished within the community. Embrace the opportunity for success and share the extraordinary flavors of this cultural gem with your neighbourhood. (id:51158)
525 Adelaide Street W
Toronto, Ontario
Don't miss out on this rare opportunity to purchase a parking at 525 Adelaide St. W! (id:51158)
525 Adelaide Street W
Toronto, Ontario
Don't miss this rare opportunity to purchase a parking spot at 525 Adelaide St. W. (id:51158)
Homes For Sale in the GTA, Price under $500,000: Your Ultimate Guide
Searching for an affordable home in the Greater Toronto Area (GTA) can be quite a challenge. With soaring real estate prices, it’s crucial to find options that fit your budget. In this detailed guide, we will take you through the process of finding Homes For Sale in the GTA, Price under $500,000. Whether you’re a first-time buyer, an investor, or simply looking for a new place to call home, this article is your go-to resource.
Let’s dive into the GTA’s real estate market and explore the opportunities that await.
Exploring the GTA
The GTA, short for the Greater Toronto Area, encompasses not only Toronto but also several surrounding cities and regions, making it one of the most populous and diverse metropolitan areas in Canada. It’s known for its vibrant culture, strong job market, and excellent quality of life.
Why Choose the GTA?
- Vibrant Job Market: The GTA is home to numerous industries, including finance, technology, healthcare, and more, offering a plethora of job opportunities.
- Diverse Communities: You’ll find a wide range of neighborhoods, each with its unique character and amenities.
- Excellent Education: The GTA boasts top-notch educational institutions, making it an ideal place for families.
- Cultural Hub: From museums to theaters, there’s always something exciting happening in the GTA.
Finding Affordable Homes
Setting Your Budget
Before you start your search for Homes For Sale in the GTA, it’s essential to determine your budget. A budget under $500,000 is considered affordable in this region.
Exploring Neighborhoods
Mississauga: A Suburban Oasis
Mississauga, a vibrant suburban city, offers affordable housing options while being in close proximity to Toronto. With its excellent transit system and beautiful parks, it’s a favorite among families.
Brampton: Affordable and Growing
Brampton is known for its affordability and a wide range of housing choices. It’s a city that’s continuously growing, making it a great place to invest in real estate.
Durham Region: Room to Breathe
The Durham Region, including cities like Oshawa and Whitby, offers spacious homes at affordable prices. It’s an excellent choice for those seeking a more suburban lifestyle.
Working with a Realtor
Enlisting the help of a knowledgeable real estate agent can significantly simplify your home search. They have access to listings that might not be publicly available and can negotiate on your behalf.
Financing Your Home
Mortgage Options
Fixed-Rate Mortgage
This mortgage type offers stability as your interest rate remains the same throughout the loan term, making budgeting more predictable.
Variable-Rate Mortgage
With a variable-rate mortgage, your interest rate fluctuates with market conditions, potentially resulting in lower payments during low-rate periods.
Down Payment Assistance
In Canada, there are various programs and incentives to assist first-time homebuyers in making their down payments more manageable. Be sure to explore these options.
FAQs
Q: What are the current real estate market conditions in the GTA for homes under $500,000? A: The GTA’s real estate market for affordable homes is competitive. It’s advisable to act quickly when you find a property that fits your criteria.
Q: Are there any additional costs to consider when buying a home in the GTA? A: Yes, in addition to the purchase price, you should budget for closing costs, property taxes, and home insurance.
Q: Can I negotiate the price of a home in the GTA? A: Yes, negotiation is common in real estate transactions. Your realtor can help you navigate this process.
Q: What amenities can I expect in affordable GTA homes? A: Amenities vary by property, but you can often find homes with features like modern kitchens, outdoor spaces, and proximity to parks and schools.
Q: How do I assess the resale value of a home in the GTA? A: Consider factors like location, neighborhood trends, and the condition of the property when assessing its resale potential.
Q: Are there any government incentives for first-time homebuyers in the GTA? A: Yes, the Government of Canada offers programs to support first-time homebuyers, including the First-Time Home Buyer Incentive.
Conclusion
Navigating the GTA’s real estate market, especially for homes under $500,000, requires careful planning and expert guidance. By setting your budget, exploring diverse neighborhoods, and working with a realtor, you can make the process smoother and more successful.
Remember, the GTA offers an array of opportunities for those looking for affordable homes, whether you’re a first-time buyer, investor, or simply searching for a cozy place to live.
Now, armed with knowledge about Homes For Sale in the GTA, Price under $500,000, you’re ready to embark on your real estate journey in this exciting region. Happy house hunting!
Process of Buying a Home
For many, the dream of home ownership starts with buying a condo in Toronto. The city offers a wide variety of properties to choose from, and for first time buyers, there are plenty of options available that won’t break the bank.
Of course, buying your first home is a major decision, and there are a few things you need to keep in mind when making your purchase. Here are a few tips for first time home buyers in Toronto:
1. Make sure you budget realistically. When buying a condo, it’s important to remember that you’ll also have to factor in monthly costs like property taxes and maintenance fees. Don’t forget to include these expenses in your calculations when deciding how much you can afford.
2. Research the market carefully. It’s important to know what’s available and how much different properties are selling for before making an offer on anything.
Toronto is a great city to buy your first home. The condo market is hot right now and there are a lot of choices for first time buyers. It can be overwhelming to figure out where to start, so here are some tips to help you get started.
The first step is to figure out how much you can afford. Your mortgage broker can help you with this, but make sure you have a good idea of your monthly expenses and how much money you have saved up for a down payment.
Next, decide what type of condo you want. Do you want a downtown Toronto condo or one in the suburbs? Do you want a studio or one-bedroom? Make a list of what’s important to you and start browsing condos online or in person.
Finally, don’t be afraid to ask for help when looking for a house for sale, your local Real Estate Agent, that’s me.. Tony Sousa has access to all the MLS Real Estate Listings. Is it the right time to buy real estate? or will the toronto real estate market come down as interest rates go up?
When is the right time to buy Toronto Real Estate
In reality, there is no single right answer when it comes to buying Toronto real estate. It all depends on your personal circumstances and what you are hoping to achieve. If you are looking for a long-term investment, then it may be wise to buy sooner rather than later.
MLS Real Estate Listings
Toronto and Mississauga are two of the most popular locations in Canada for first time home buyers. The MLS real estate listings in these cities offer a wide variety of housing options to choose from, from condos and townhouses to detached homes.
The Toronto real estate market is booming, with the average price for a detached home reaching over $1.8 million. However, there are still many affordable options available in the city’s suburbs, such as Mississauga. In Mississauga, the average price for a detached home is around $1,000,000, making it an attractive option for those looking to get into the housing market.
There are also many great neighbourhoods to choose from in both Toronto and Mississauga. In Toronto, popular areas include Leslieville, Riverdale and The Junction. While in Mississauga, locals favour areas like Streetsville, Port Credit and Clarkson.