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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
$224,900
#10 -495 WALKERS LINE, burlington, Ontario
Restaurant

#10 -495 Walkers Line

Burlington, Ontario

""Embark on a flavorful journey! Our beloved shawarma business is ripe for new ownership. Nestled in the heart of Burlington, this culinary gem has delighted patrons with its mouthwatering offerings and warm ambiance. With a loyal customer base and a reputation for excellence, this turnkey opportunity is perfect for anyone passionate about food and eager to step into entrepreneurship. Don't miss out on the chance to spice up your life and be part of something truly special. Inquire today and savor the taste of success!"" Great Opportunity to own well established independently owned, Turn Key Business $$$ A Great opportunity, In A fantastic Location. quick service halal restaurant in a very busy plaza. Prime location in Burlington with heavy traffic, high density, close to major highways. Great loyal, repeat customers and great menu profitable from day one.Well Established Restaurant Business, Own A Profitable Turn-Key Business, All Chattels & Equipment Included dual independent exhaust hoods. Book your showing Today! **** EXTRAS **** Equipment Included.Own a turnkey solution (independently owned) high margin opportunity and earn yearly 100K+ net. Opportunity for new locations and business expansion. All financials data is available to review / due deligence (id:51158)

For sale
$90,000
3590 DUFFERIN ST, toronto, Ontario
Restaurant

3590 Dufferin St

Toronto, Ontario

Dang Pho - Mini Mart Convenience Store, well established convenience store layered with a simple & savoury Vietnamese take-out menu. Well situated tocapitalize on the area's busy lifestyle through local foot traffic & delivery platforms. Profitable with high margins, good customer base, wide selectionproducts yet maintaining a simple menu with lottery & tobacco sales add to revenue stream. Opportunity for expansion or diversification. **** EXTRAS **** Low monthly rent of approximately $2700 inclusive of TMI. Tenant responsible for hydro & gas. (id:51158)

800 sqft
For sale
$369,900
#614 -15 ALBRIGHT RD, hamilton, Ontario

#614 -15 Albright Rd

Hamilton, Ontario

You'll be pleasantly surprised if you haven't been in this building for a while. Professionally renovated 18 months ago, Nicely renovated kitchen with quartz counters, open concept layout, plenty of cabinetry storage, island counter-breakfast bar. Great unobstructed views from large balcony. All new plumbing, flooring and light fixtures. Photos are from a year and half ago when condo was renovated. Currently tenanted but very accommodating for showings and unit will be cleaned up prior to possession. Close to Red Hill Parkway for either Toronto or Niagara directions, and transit ideal for commuters, schools, shopping, Sir Wilfred Laurier Recreation Center. Building amenities: in-ground pool, exercise room, party room, playground, visitor parking. Maintenance includes heat & water, parking, common elements. Perfect for first time home buyer. (id:51158)

2 Bedroom 1 Bathroom
For sale
$89,000
##4 -5661 STEELES AVE E, toronto, Ontario

##4 -5661 Steeles Ave E

Toronto, Ontario

Excellent Opportunity To Own A Established Food Court Business In A Volume Supermarket Located In The Busy Area And Close To The Primary Traffic, Provide Many Sitting Places In The Open Area, Lots Of Online Orders And Lots Of Parkings Easy For Drivers To Pick Up. Fully Equiped Kitchen With Walk-In Cooler. **** EXTRAS **** Rent $4265/ Monthly ( Include Tmi , Hst), Lease Term Till Dec 14th, 2026 With 5 Years Renewable. (id:51158)

465 sqft
For sale
$469,900
#1201 -15 SEWELLS RD, toronto, Ontario

#1201 -15 Sewells Rd

Toronto, Ontario

Rare **2 Underground Parking Spots** Absolutely Spacious And Updated Unit Featuring 2 Bedroom 1 Bath. Totally Renovated Open Concept Kitchen, Extended White Cabinetry, Backsplash And Opening To Dining/Living Rm Areas. Generously Sized Bedrooms. Renovated 4 Pc Bath, Lots Of Storage Closets, Newer Tile & Laminate Flrs T/O (No Carpet), Amazing Views From All Rooms & Balcony. Great Location - Walk To Mall, Fitness, 24 Hrs Bus Service, Library, Parks & Schools, Minutes To Hwy 401. Well Kept Building With Central Ac & Security System. 2 Underground Parking spots + 1 Locker! **Maintenance Fees Include all Utilities (Hydro, Water, Gas, Cable)** **** EXTRAS **** Walking Distance To All Amenities Such As Malls, Schools, Public Transit, Parks and Highway! Building Amenities Feature Exercise Room, Party room, Visitor parking and Security System! (id:51158)

2 Bedroom 1 Bathroom
For sale
$498,800
#2209 -3700 KANEFF CRES, mississauga, Ontario

#2209 -3700 Kaneff Cres

Mississauga, Ontario

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)

2 Bedroom 1 Bathroom
For sale
$79,999
158 FRONT STREET E, toronto, Ontario

158 Front Street E

Toronto, Ontario

Parking Spot Available For Purchase to Unit Owners at 158 Front St E. Parking is Located on P1 Close to the Elevator (id:51158)

For sale
$499,000
#1715 -710 HUMBERWOOD BLVD, toronto, Ontario

#1715 -710 Humberwood Blvd

Toronto, Ontario

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)

1 Bedroom 1 Bathroom
For sale
$495,000
#1416 -430 MCLEVIN AVE, toronto, Ontario

#1416 -430 Mclevin Ave

Toronto, Ontario

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)

2 Bedroom 1 Bathroom
For sale
$445,000
100 BURLOAK Drive|Unit #2407, burlington, Ontario

100 Burloak Drive, Unit #2407

Burlington, Ontario

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)

1 Bedroom 1 Bathroom 745 sqft
For sale
$475,000
#1107 -15 MAPLEWOOD AVE, toronto, Ontario

#1107 -15 Maplewood Ave

Toronto, Ontario

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)

1 Bedroom 1 Bathroom
For sale Open House
$499,000
#110 -111 BRISTOL RD E, mississauga, Ontario

#110 -111 Bristol Rd E

Mississauga, Ontario

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)

1 Bedroom 1 Bathroom
For sale
$499,000
#1606 -1910 LAKE SHORE BLVD W, toronto, Ontario

#1606 -1910 Lake Shore Blvd W

Toronto, Ontario

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)

1 Bedroom 1 Bathroom
For sale
$474,999
#919 -38 JOE SHUSTER WAY, toronto, Ontario

#919 -38 Joe Shuster Way

Toronto, Ontario

Looking for a cool neighbourhood on the edge of downtown but still residential? Desire natural light, great amenities & lower carrying cost? This is it. Future-proof clear sunset views. Private with no other units looking directly into living room! Short walk to Queen West (the Drake, etc.), great restaurants, night spots & shopping (Longos, Canadian Tire, LCBO, Metro & more). Well- run building with great property management and exceptional amenities. Building security camera just outside unit. Next to Rita Cox Park for kids, dogs, adult picnics! Streetcar 2 minutes away; easy bus ride to subway. Highway access close by. Exceptional value so get in before rates go down and prices go up. Easy to see any time, just call agent! See 3D tour to explore space, layout. **** EXTRAS **** Great gym (weights & cardio) indoor pool and hot tub, games room (billiards, foosball, ping pong), guest suites, 24-hour security with 2 guards many times for package, lots of visitor parking, 3rd floor outdoor common area, bike storage. (id:51158)

1 Bedroom 1 Bathroom
For sale
$160,000
984B ALBION RD, toronto, Ontario

984b Albion Rd

Toronto, Ontario

Key Operation Business ! Established Hair Salon For Last 30 Years ! Gross Income $17k-20k/Month ! Low Rent, Approx 2800/M Including Tmi. Be Your Own Boss And Run Your Own Family Business, Lots of Potential and Money to Made! Don't Miss This Opportunity! Profitable Business (id:51158)

1 Bathroom 540 sqft
For sale
$499,000
#22 -2492 POST RD, oakville, Ontario

#22 -2492 Post Rd

Oakville, Ontario

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)

2 Bedroom 2 Bathroom
For sale
$199,900
#B14 -661 UPPER JAMES ST, hamilton, Ontario
Restaurant

#b14 -661 Upper James St

Hamilton, Ontario

Good profit Chinese food take out franchise restaurant in Hamilton. Wok Express. Located in Mountain Shopping Plaza. Easy to run. (id:51158)

For sale
$189,999
2400 DUFFERIN ST, toronto, Ontario
Restaurant

2400 Dufferin St

Toronto, Ontario

The Brazilian Culture; an Entrepreneur that has created an experience for the Diverse Restaurant Customers!! Ambience to savour -- to travel inside a space the reflects the beaches of Rio di Janiro. The logo speaks to a iconic Brazilian culinary enjoyment here. This business brings to the table fresh dishes created by the one and only Brazilian cook; together with the products of the Brazilian Culture-- bringing back recent and historic memories of their homeland. Begin a new experience with the turn-key; leasehold improvements feeling of the sports, music, beautiful citizens and the beaches--country's natural habitat !! The lease boasts 5 YEARS PLUS 5! In place will enhance the growing business and the Community that has the intfra-structure from TTC, new LRT, and ALL MAJOR HIGHWAYS. An extremely high walk traffic score and Customer Base! **** EXTRAS **** All chattels on a separate Attachment on the MLS listing. (id:51158)

2 Bathroom 1385 sqft
For sale
$399,900
#418 -1141 COOKE BLVD N, burlington, Ontario

#418 -1141 Cooke Blvd N

Burlington, Ontario

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)

1 Bedroom 1 Bathroom
For sale
$250,000
#6 -50 TIFFIELD RD, toronto, Ontario
Service

#6 -50 Tiffield Rd

Toronto, Ontario

Digitization and business services company, 40+ years in business, with ongoing clients. Scan paper documents, large format drawings and bound books. Implement document capture and management systems. Improve information and efficiency for clients. Turn-key business with 475 feet of shelving capacity(9+ skids), and a walk-in vault for securing confidential documents. Total rent is $2,996.21 (inc TMI and HST). Seller is retiring **** EXTRAS **** Fujitsu fi5950 scanner(high speed ADF production scanner),Fujitsu fi-6770scanner(flat bed),Fujitsu sv600 book scanner 1 2021, Color trac Smart LF SC42wide format, scanner(scan to 42""width),Lenovo Think System server 2 ,HP server 1 (id:51158)

2448 sqft
For sale
$499,000
#1607 -50 FOREST MANOR RD, toronto, Ontario

#1607 -50 Forest Manor Rd

Toronto, Ontario

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)

2 Bedroom 1 Bathroom
For sale
$57,000
592 RATHBURN RD W, mississauga, Ontario

592 Rathburn Rd W

Mississauga, Ontario

Situated in the vibrant heart of Mississauga near the renowned Square One Shopping Centre, this hair salon has been a fixture since 2010, boasting a robust client database. With elegant finishes and modern equipment, including an elegant washroom, the salon offers a prime opportunity for expanding into esthetic services. All necessary chattels, including salon operating software, are included, and the plaza offers ample free parking for both clients and employees, ensuring convenience and accessibility. (id:51158)

791.9 sqft
For sale
$57,000
592 RATHBURN Road W, mississauga, Ontario

592 Rathburn Road W

Mississauga, Ontario

Situated in the vibrant heart of Mississauga near the renowned Square One Shopping Centre, this hair salon has been a fixture since 2010, boasting a robust client database. With elegant finishes and modern equipment, including an elegant washroom, the salon offers a prime opportunity for expanding into esthetic services. All necessary chattels, including salon operating software, are included, and the plaza offers ample free parking for both clients and employees, ensuring convenience and accessibility. (id:51158)

For sale
$349,900
9 PROGRESS AVE, toronto, Ontario

9 Progress Ave

Toronto, Ontario

Take advantage of this great opportunity to possess a flourishing Payday Loan,Cheque Cashing and Cash for Gold retail store in the GTA, accompanied by valuable Payday Loan License. With fifteen years of prosperous operation, this autonomous venture presents an exceptional prospect, especially considering the operating region has ceased issuing new licenses for payday loan businesses. Benefit from the advantage of a complete entry barrier, ensuring your position in this profitable market. Do not overlook this uncommon and regulated financial prospect with evidenced growth potential. A fantastic opportunity with immense growth potential exists to expand the business by incorporating additional services such as money transfers, currency exchange, gold loans, car title loans, and accounting and taxation services. The proud owner of this business, now in his mid-70s, is contemplating retirement in the near future. (id:51158)

519 sqft

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.