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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 $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 $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
For sale $459,000
House For Sale in hamilton, 119 HARMONY AVE

119 Harmony Ave

Hamilton, Ontario

3 Bedroom 2 Bathroom
You will fall in love with this fully updated 2+1 bedroom bungalow. Open floor plan, expertly designed kitchen with stainless steel appliances featuring a gas stove. Fully finished basement with large three piece bath, rec room with built in shelving, perfect guest bedroom or home office. Naturalized perennial gardens covered deck for relaxation and BBQ in any weather! Nothing to do, but move in relax and enjoy. (id:51158)
Homes for sale in Hamilton
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 $380,000
House For Sale in toronto, #706 -2737 KEELE ST

#706 -2737 Keele St

Toronto, Ontario

1 Bedroom 1 Bathroom
Great Location at a Great Price. 1 Bed/1 Bath Open Concept Kitchen with Quartz Counter Top, Backsplash & Stainless Steel Appliances. Large Bedroom with Unobstructed Views & 2 Juliette Balconies! Renovated Kitchen with Newer S/S Appliances, Updated Bathroom, New Washer/Dryer Unit and Updated Thermostat. Walking Distance To Humber River Hospital, Shopping, GO Transit Stop, Parks, Hwy 401/400, Yorkdale Mall, York University. Parking and Locker Included. **** EXTRAS **** Stainless Steel Fridge, Stove, B/I Dishwasher, Hood Fan, Washer & Dryer (Combined), Track Lighting, Dimmer Switch For Living Room, Foyer Light Has 5 Touch Mood Lighting Options. (id:51158)
Homes for sale in Toronto
For sale $495,000
House For Sale in burlington, #128 -5317 UPPER MIDDLE RD

#128 -5317 Upper Middle Rd

Burlington, Ontario

1 Bedroom 1 Bathroom
Welcome to your urban oasis! This stunning one-bedroom, one-bathroom condo nestled on the main floor of a boutique-style building offers the epitome of modern city living. Step inside to discover an inviting open-concept layout, flooded with natural light from large windows. The kitchen is open to the living area with ample storage, perfect for culinary adventures. The cozy bedroom offers a peaceful retreat with walk-in closet while being on the main floor gives you a full width outdoor patio. Enjoy the convenience of in-unit laundry, designated parking and large designated locker. But the real gem? Access to the building's exclusive rooftop terrace, where breathtaking skyline views await. Whether you're hosting soirees or unwinding under the stars, this is urban living at its finest. (id:51158)
Homes for sale in Burlington
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 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 $495,000
House For Sale in burlington, 5317 Upper Middle Road|Unit #128

5317 Upper Middle Road, Unit #128

Burlington, Ontario

1 Bedroom 1 Bathroom 535 sqft
Welcome to your urban oasis! This stunning one-bedroom, one-bathroom condo nestled on the main floor of a boutique-style building offers the epitome of modern city living. Step inside to discover an inviting open-concept layout, flooded with natural light from large windows. The kitchen is open to the living area with ample storage, perfect for culinary adventures. The cozy bedroom offers a peaceful retreat with walk-in closet while being on the main floor gives you a full width outdoor patio. Enjoy the convenience of in-unit laundry, designated parking and large designated locker. But the real gem? Access to the building's exclusive rooftop terrace, where breathtaking skyline views await. Whether you're hosting soirées or unwinding under the stars, this is urban living at its finest. Don't be TOO LATE*! *REG TM. RSA. (id:51158)
Homes for sale in Burlington
For sale $499,900
House For Sale in hamilton, 67 GRAHAM Avenue N

67 Graham Avenue N

Hamilton, Ontario

3 Bedroom 2 Bathroom 949 sqft
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
For sale $429,000
House For Sale in toronto, #1004 -2800 WARDEN AVE

#1004 -2800 Warden Ave

Toronto, Ontario

2 Bedroom 2 Bathroom
Welcome To St Paul's Terrace Senior Living W/24 Hour Emergency Response. This Is A Quiet Senior's Living Community. This Well Maintained 1,021 Sq Ft Unit Has A Great Floor Plan And Is South East Facing. The Unit Has Large Bright South Facing Windows That Allow Natural Light To Radiate Inside Coupled With Fantastic Views. New Quartz Kitchen Counter top, New Kitchen Sink, New Kitchen Faucet Brand New Stainless Steel Fridge, Stove, Dishwasher & Hood Fan, Refurbished Kitchen Cabinets, New Back Splash, Freshly Painted Top Quality Sherwin Williams Paint Throughout, New Bathroom Fixtures Installed Including The Shower Heads, Brand New Vinyl Plank Flooring, New 4 Inch Baseboards, New Light Fixtures, Many Recreational Programs And Activities Available, Restaurant, Fitness Room, Activity Room, Church, Hair Salon, Outdoor Garden, Reception. The Bathrooms Are Clean And Are In Great Condition. In Suite Laundry. One Conveniently Located Underground Parking Included. Lots Of Amentiies In The Area Including Parks, Shopping, Restaurants, Hospital And Much More (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 $399,000
House For Sale in toronto, #806 -1603 EGLINTON AVE W

#806 -1603 Eglinton Ave W

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome to this absolutely stunning 1+1BR CONDO with Parking! Open concept design, stunning kitchen featuring full size s/s appliances. Floor to ceiling windows allows a tone of natural light to come in. Pet friendly unit, future LRT, dog wash station, guest suites. This building and especially unit is truly stunning. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, #909 -30 SAMUEL WOOD WAY

#909 -30 Samuel Wood Way

Toronto, Ontario

1 Bedroom 1 Bathroom
Lake View One Bedroom Unit in The Award Winning KIP District Condo, w/ a plan of continuing to expand this Community to Include up to 10,000sqft Parkland Area & Conservation. Featuring white modern kitchen, tall cabinets, s/s appliances, quartz countertop and backsplash, laminate floor throughout. Floor to Ceiling Windows Offering Natural Light ,Spacious Balcony to Enjoy Lake and City Views. Steps to Kipling Subway,Go Station and Minutes to all major highways 427/QEW/Gardner/401. Short distance to great restaurants, shopping and Downtown Toronto nearly. This unit comes with locker/Storage that can be rented separately. Excellent Opportunity for the First Time Buyer at Turn Key Property for Investors. Great potential for future growth. **** EXTRAS **** Features Gym, Large Party Room, Bike Lockers, Guest Suite, Pet washing room,Bike Repair room, Rooftop Terrace, Residents Lounge.S.S FRIDGE, S/S B/I DISHWASHER, S/S B/I MICROVAWE, WASHER/DRYER, ALL ELECTRICAL FIXTURES & WINDOW COVERING. (id:51158)
Homes for sale in Toronto
For sale $459,000
House For Sale in hamilton, 119 HARMONY Avenue

119 Harmony Avenue

Hamilton, Ontario

3 Bedroom 2 Bathroom 515 sqft
You will fall in love with this fully updated 2+1 bedroom bungalow. Open floor plan, expertly designed kitchen with stainless steel appliances featuring a gas stove. Fully finished basement with large three piece bath, rec room with built in shelving, perfect guest bedroom or home office. Naturalized perennial gardens covered deck for relaxation and BBQ in any weather! Nothing to do, but move in relax and enjoy. (id:51158)
Homes for sale in Hamilton
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. (id:51158)
Homes for sale in Toronto
For sale $499,000
House For Sale in toronto, #1906 -8 MERCER ST

#1906 -8 Mercer St

Toronto, Ontario

2 Bedroom 1 Bathroom
Welcome to 8 Mercer St., where modern elegance meets urban living in the heart of downtown Toronto. This meticulously designed one-bedroom plus den offers a seamless blend of style and functionality. Step into a space where sleek finishes meet thoughtful design, including a gourmet kitchen with built-in appliances and convenient breakfast bar. The versatile den provides an ideal space for a home office or creative studio. Retreat to the spacious bedroom, flooded with natural light from panoramic windows. With access to premier amenities such as a fitness centre and rooftop terrace, this residence embodies the ultimate city lifestyle. Its coveted location, just steps away from entertainment venues, upscale shopping boutiques, and a plethora of dining options, makes this sophisticated residence the epitome of living in Toronto! **** EXTRAS **** B/I Fridge, Stove, B/I Dishwasher, S/S Microwave, Stacked Washer/Dryer, All Electric Light Fixtures, All Window Coverings (id:51158)
Homes for sale in Toronto
For sale $499,990
House For Sale in hamilton, 56 CAMBRIDGE AVE

56 Cambridge Ave

Hamilton, Ontario

4 Bedroom 2 Bathroom
ATTENTION INVESTORS & FIRST TIME BUYERS! Welcome to this delightful bungalow nestled in the heart of Hamilton. This home features 3 cozy bedrooms on the main floor, with an additional 1 Bed unit in the basement, perfect for a family looking for a mortgage helper or an investor!The main floor boasts a bright and spacious living room, ideal for relaxing or entertaining. The kitchen is equipped with modern Stainless steel appliances and offers ample counter and storage space. Enjoy the convenience of two full bathrooms, one in each unit, ensuring comfort and accessibility for all residents. This home is close to schools, parks, shopping, and public transit, offering both convenience and comfort. Don't miss out on this fantastic opportunity to own a charming home in a sought-after location! **** EXTRAS **** RENOVATIONS (2021) AC (2023) both units have separate laundry* (id:51158)
Homes for sale in Hamilton
For sale $399,000
House For Sale in toronto, #1203 -35 HAYDEN ST

#1203 -35 Hayden St

Toronto, Ontario

1 Bathroom
Attention Investors - Prime Location! Welcome To Cresfords Hidden Gem At Yonge&Bloor! Tucked Away Just Steps From Yorkville, This Perfect Pied-A-Terre In The Heart Of The City Is A Steal! The BSN Condos Pose A Unique Investment Opportunity, With Subway Access At Your Doorstep, Luxury Shopping, Excellent Universities, Major Hospitals & Amenities - This Area Has It All. Enter Through The Brian Gluckstien Designed Lobby, And Be Greeted By 24Hr Concierge. Revel In Luxurious Amenities: Swimming Pool, Billiards Room, Outdoor Terrace W/Bbq, Gym & Guest Suites. Move In Ready! **** EXTRAS **** 1 Locker Included. (id:51158)
Homes for sale in Toronto
For sale $424,900
House For Sale in hamilton, 1964 MAIN Street W Unit# 204

1964 Main Street W Unit# 204

Hamilton, Ontario

3 Bedroom 2 Bathroom 1000
Opportunity awaits! Students, investors, young families: You're not just buying the unit of your dreams; you're buying a lifestyle that is convenient and versatile. Located between Dundas/Ancaster/Hamilton, 1964 Main St W is within walking distance of public transit, amenities, schools, and nature trails. Have a car? That works too! Unit 204 has one exclusive underground parking spot. You can reach McMaster University and the 403 in under 7 minutes! This bright, spacious 3-bedroom, 2-bathroom condo professionally cleaned and painted top to bottom. Extensive renovations can be seen throughout which include vinyl flooring, matching cherry wood cabinetry throughout, and stainless-steel appliances. Storage - a very important factor when purchasing a condo...not only do you get an exclusive storage locker, but you also get two generously sized front foyer closets that have built-in organizers. The master bedroom has a walk-in closet and a convenient 2-piece ensuite bathroom. The private balcony is enclosed on 3 sides providing ample privacy and serenity overlooking well-maintained green space and trees. Building amenities include a pool, sauna, party room, outdoor picnic area/BBQ, and visitor parking. The ideal location at a great price...book your private showing today! (id:51158)
Homes for sale in Hamilton
For sale $449,000
House For Sale in toronto, #1106 -1328 BIRCHMOUNT RD RD N

#1106 -1328 Birchmount Rd Rd N

Toronto, Ontario

1 Bedroom 1 Bathroom
Discover contemporary living .This sleek 1BR, 1BA condo offers a stylish retreat. Step inside and bask in natural light pouring through floor-to-ceiling windows. The open-concept design seamlessly combines the living and dining areas, creating a spacious ambiance. The modern kitchen boasts stainless steel appliances, perfect for culinary enthusiasts. Unwind in the well-appointed bedroom, and indulge in a luxurious 4-piece bath. Convenience is key with ensuite stacked laundry, streamlining daily chores. Step out onto the large balcony to savor outdoor moments. This oasis comes complete with a dedicated parking spot. Residents enjoy exclusive access to a suite of amenities, including an indoor swimming pool , a BBQ area for al fresco gatherings, and gym for fitness enthusiasts. The presence of a concierge ensures a seamless living experience. (id:51158)
Homes for sale in Toronto
For sale $489,900
House For Sale in hamilton, 1550 GARTH Street|Unit #23A

1550 Garth Street, Unit #23a

Hamilton, Ontario

3 Bedroom 2 Bathroom 1177 sqft
Don’t miss your chance to own this West Mountain gem! 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, #405 -60 BRIAN HARRISON WAY

#405 -60 Brian Harrison Way

Toronto, Ontario

2 Bedroom 1 Bathroom
1+1 Bedroom Condo for sale in the Luxurious Monarch Built 60 Brian Harrison Way that has 24/7 Concierge and has great amenities including an Indoor Pool, Whirlpool, Sauna, Spacious Party Room, Virtual Golf and Mini Theatre, Billiards and Card Room, Visitors Parking and Dedicated Guest Rooms. This well maintained unit is currently tenant-occupied who are willing to stay for longer term. The building is conveniently located right in the centre of Scarborough, literally steps away from STC, TTC STC station, YMCA, Service Canada, Albert Campbell Square, Scarborough Civic Centre and Library. There are lots of shopping and dining choices around the area. It also has easy access to the 401. **** EXTRAS **** One Parking and a Locker. S/S Fridge, S/S Stove, Washer and Dryer, B/I Dishwasher. All Elfs, All Window Coverings. (id:51158)
Homes for sale in Toronto
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

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.