Find Homes for Sale Under $500,000

Welcome to your premier resource for finding GTA affordable homes for sale under $500,000. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, our extensive listings feature budget-friendly homes across various styles and locations. Discover the best affordable homes with our curated selection, detailed information, and expert guidance.

Forgot password Extend Verify Contact
1-12/204
  • 1428 Rebecca Street in Halton: 1017 - SW Southwest House for sale (Oakville) : MLS®# W12353848

    1428 Rebecca Street 1017 - SW Southwest Halton L6L 1Z5
    Main Photo: 1428 Rebecca Street in Halton: 1017 - SW Southwest House for sale (Oakville)  : MLS®# W12353848
    $1
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12353848
    ***Prime Oakville Lot Ready for Your Dream Home!***Don't miss this rare opportunity to own a 64.98 x 173.90 ft lot in one of Oakville's most desirable neighborhoods, just minutes from Lakeshore, shopping, the GO Station, and top-rated schools. With dual access from Rebecca St and Savannah Gate, this private, park-like property features a mature backyard and ideal setback. A minor variance has been approved, all studies are complete, and a building permit for a 4,500 sq ft home is in progress saving you time and money. Existing home being sold as is. Build your dream home in this exceptional location! More details
    Listed by KING REALTY INC.
    DARYL  KING
  • 5020 19th Avenue in York: Rural Markham House for sale (Markham) : MLS®# N12354851

    5020 19th Avenue Rural Markham York L6C 1M4
    Main Photo: 5020 19th Avenue in York: Rural Markham House for sale (Markham)  : MLS®# N12354851
    $1
    Residential Freehold
    Status:
    Active
    MLS® Num:
    N12354851
    Bedrooms:
    3
    Bathrooms:
    2
    Five reasons to buy : 1) This property represents one of the last opportunities to acquire prime land for future development in Markham, a city positioned for continued population and economic expansion and Canadas 16th Largest City by PopulationStrategic 2) Land Banking Opportunity with High Growth Potential 3) 10 acres of 100% flat, workable agricultural land 4) Outside protected zones and Greenbelt; no forests or water bodies 4) Located in a high-growth area with significant urban development activity nearbySite 5) Features:One 3-bedroom, 2-bath house and one barn With natural gas, hydro, drilled well, and septic system. More details
    Listed by RE/MAX ELITE REAL ESTATE
    DARYL  KING
  • 29 Snake Island Road in York: Snake Island House for sale (Georgina Islands) : MLS®# N12349461

    29 Snake Island Road Snake Island York L0E 1R0
    Main Photo: 29 Snake Island Road in York: Snake Island House for sale (Georgina Islands)  : MLS®# N12349461
    $409,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    N12349461
    Bedrooms:
    3
    Bathrooms:
    1
    For more info on this property, please click the Brochure button. Private Prime East Side of Snake Island Location! Private Prime East Side of Snake Island Location! Two storeys cottage, direct water front (116ft), steel roof, two big/high decks. 4 ft high crawl space with water pressure tank, and filter. Water supply from the well. Water Heater. Wood stove. Dishwasher, Microwave, 2 fridges. Septic ***passed ESSE inspection, and pumped out in 2024***. High speed Internet. Foyer with laundry, water heater, floor, and wall cabinets. Upgraded bathroom. Large Bunkie (steel roof) 2 Bedrooms, and workshop (elect. panel, garage door). Small Bunkie with a sofa bed, deck. Two levels dock with storages, and four removable aluminum sections in water. **EXTRAS** nearly 1 acre lot. Driveway from Snake Island Road. Shed with steel roof, adjusted to large Bunkie. Fire spot. The property includes two docks (electrified) with a lounge area, perfect for relaxing by the water. More details
    Listed by EASY LIST REALTY LTD.
    DARYL  KING
  • 795 Third Avenue in York: Historic Lakeshore Communities House for sale (Georgina) : MLS®# N12349506

    795 Third Avenue Historic Lakeshore Communities York L0E 1S0
    Main Photo: 795 Third Avenue in York: Historic Lakeshore Communities House for sale (Georgina)  : MLS®# N12349506
    $499,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    N12349506
    Bedrooms:
    3
    Bathrooms:
    1
    **Steps to the Beach & Park** High Demand Location w/ 50' x 150' Big Lot. 3 Bdrm Bungalow w/ Huge Yard. Newer Engineer Hardwood Flooring Throughout. Concrete Foundation, Mobile Truck Device at Front Yard, Long Driveway can park 3-4 Cars. Right across from Willow beach & conservation area. More details
    Listed by HOMELIFE LANDMARK RH REALTY
    DARYL  KING
  • 23 Selleck Lane in Durham: Samac House for sale (Oshawa) : MLS®# E12349916

    23 Selleck Lane Samac Durham L1G 3Y2
    Main Photo: 23 Selleck Lane in Durham: Samac House for sale (Oshawa)  : MLS®# E12349916
    $349,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12349916
    Single Builder Vacant Lot available for Sale in Prime North Oshawa! Lots of potential for investors and builders. Neighbour to the North is Camp Samac. 0.33 Acres. Protected Ravine lands to the south with unobstructed views of Oshawa Creek. Attractive R1-C zoning allows for multiple units. **Subject to easement as in DR1 986034 and DR1872657. Part of Lot 11Concession 4 **EXTRAS** Purchaser to perform their own due diligence. Full municipal Servicing Available under Selleck Lane. Accepting full or best offers! More details
    Listed by RESIDENTIAL DEVELOPMENT SERVICES INC.
    DARYL  KING
    To access this listing,
    please create a free account

  • 115 Elgin Street in Durham: Bowmanville House for sale (Clarington) : MLS®# E12350666

    115 Elgin Street Bowmanville Durham L1C 3E6
    OPEN HOUSE: Aug 24, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, August 24, 2025 2:00PM - 4:00PM
    Main Photo: 115 Elgin Street in Durham: Bowmanville House for sale (Clarington)  : MLS®# E12350666
    $499,999
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12350666
    Bedrooms:
    2
    Bathrooms:
    2
    Charming Century Home with Down-East Flair & Outdoor Oasis! Step into character and comfort in this one-of-a-kind 2-bdrm, 2-bath home on a generous lot in the heart of Bowmanville. Built in 1900, this lovingly maintained property blends historic charm with area down-east feel, wrapped in warmth and personality.From the welcoming 3-season sunroom to the creative, hand-painted lighthouses and floral stair risers, every corner of this home showcases a playful, artistic spirit. The main level features a spacious wrap-around kitchen with abundant cabinetry, rolling island, hanging pot rack, and swinging pantry doors that lead to a practical mudroom. The kitchen flows into a bright dining room, perfect for family gatherings or entertaining.Relax in the cozy living room, complete with a built-in electric fireplace and TV nook. The sunroom entrance opens to the main staircase and is flanked by elegant French doors leading into both the dining and living areas. A side utility room addition provides excellent storage space, and two driveways offer plenty of parking.Upstairs, the primary bedroom features a walk-in closet, converted from a former nursery. Original windows throughout preserve the homes century charm.Outside, you'll find a detached garage (built in 1940), currently used as a workshop. Its service with power and includes a separate utility room at the back, offering excellent space for hobbyists, storage, or projects.The large yard is a true escape, the magic continues with a tiki bar, inflatable hot tub, and gated pool with private decka true backyard escape. Whether you're relaxing under the sun, tending the gardens, or getting lost in a book, this home is brimming with personality and a welcoming, east coast vibe.Just steps to schools, parks, transit, and the hub of downtown with plenty of shops and restaurants! More details
    Listed by ROYAL HERITAGE REALTY LTD.
    DARYL  KING
  • 59 Brown Street in Durham: Bowmanville House for sale (Clarington) : MLS®# E12350901

    59 Brown Street Bowmanville Durham L1C 2R5
    Main Photo: 59 Brown Street in Durham: Bowmanville House for sale (Clarington)  : MLS®# E12350901
    $499,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12350901
    Bedrooms:
    2
    Bathrooms:
    1
    Discover 59 Brown Street A Turn-Key Treasure in Bowmanville! Step into this beautifully updated detached home, nestled on a rare 153-foot deep lot that offers an exceptional blend of space, style, and comfort. Boasting two sun-filled, generously sized bedrooms, this property is designed to impress both inside and out. Inside, you'll find modern finishes throughout, including sleek laminate floors, brand-new LED lighting, stainless steel appliances, and a gorgeous, newly renovated bathroom. The home has been freshly painted with a professional touch and features a newly installed high-efficiency York furnace ready for every season. The curb appeal is just as striking, with a newly paved asphalt driveway, modern concrete front steps, a freshly stained deck, manicured landscaping, and lush new sod in the front yard. The sprawling backyard is an entertainers dream, complete with a low-maintenance concrete patio and plenty of room to personalize your outdoor oasis. Situated in the vibrant heart of Bowmanville, this home is surrounded by amenities including dining, shopping, Lake-ridge Health Hospital, Bowmanville Mall, and top-rated schools. With four nearby parks and abundant recreational options, its truly a Park Heaven. Plus, enjoy quick access to Highway 401 and public transit just steps away, making your daily commute simple and stress-free. More details
    Listed by ROYAL CANADIAN REALTY
    DARYL  KING
  • 43 Tatra Crescent in Peel: Bram West House for sale (Brampton) : MLS®# W12350911

    43 Tatra Crescent Bram West Peel L6Y 0K6
    Main Photo: 43 Tatra Crescent in Peel: Bram West House for sale (Brampton)  : MLS®# W12350911
    $1
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12350911
    Bedrooms:
    4
    Bathrooms:
    5
    This gorgeous, immaculate 4-bedroom detached home, Nestled In a safe and one of The Best neighborhoods of West Brampton. This carpet-free Home has Stamped Concrete extended Driveway and full backyard, 9 Ft Ceiling & Hardwood @ Main Floor, Pot Lights, Quartz Counter, backsplash, Crown Molding, S.S. appliances. Fireplace, Oak Staircase, *** New Roof (2024), ***water heater owned (2024), ***Newer Furnace (2018), Finished basement with separate entrance, Rough-in for kitchen in the basement, 2nd Floor Laundry, and much more. Close To All Amenities-Transit, Schools, Church, Plazas, Park, All Major Hwys-407, 401, 410 More details
    Listed by NEW AGE REAL ESTATE GROUP INC.
    DARYL  KING
  • 78 Ontario Street in Durham: Bowmanville House for sale (Clarington) : MLS®# E12351224

    78 Ontario Street Bowmanville Durham L1C 2S9
    Main Photo: 78 Ontario Street in Durham: Bowmanville House for sale (Clarington)  : MLS®# E12351224
    $450,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12351224
    Bedrooms:
    2
    Bathrooms:
    1
    Right In The Heart Of Bowmanville, This Rare Deep Lot Is The Kind Of Find That Gets People Talking. Whether You Dream Of Expanding, Building Out Your Ultimate Backyard Retreat, Or Simply Enjoying The Extra Space, This Property Delivers Unmatched Potential. The 2-Bedroom Bungalow Offers Solid, Well-Built Construction You Just Don't See Anymore, Ready For Your Personal Touch. A Detached 2-Car Garage And Generous Driveway Parking Make It Perfect For Hobbyists, Car Enthusiasts, Or Anyone Needing Serious Storage. Inside, You'll Find A Practical Layout With Main Floor Laundry And Ample Storage, But The Real Magic Happens When You Step Outside - The Oversized Yard Is A Blank Canvas For Gardens, Patios, And Play Areas. All Of This Is Just A Short Walk To Downtown Bowmanville's Shops, Dining, And Events. Big Lot, Prime Location, Endless Possibilities - This Is The Opportunity You've Been Waiting For. More details
    Listed by DAN PLOWMAN TEAM REALTY INC.
    DARYL  KING
  • 17 Fenwick Avenue in Durham: Bowmanville House for sale (Clarington) : MLS®# E12345807

    17 Fenwick Avenue Bowmanville Durham L1C 4R6
    Main Photo: 17 Fenwick Avenue in Durham: Bowmanville House for sale (Clarington)  : MLS®# E12345807
    $499,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12345807
    Bedrooms:
    3
    Bathrooms:
    2
    Opportunity is knocking on this solid brick, 3 bedroom, 2 story home; awaiting your finishing touches. Perfect starter/investment home located on a quiet, family friendly street. Large backyard and deck for your outdoor entertaining with ample room for kids to play in the fully fenced yard. Located between the 401 and 407 exits, parks, schools and amenities; this home is perfect for someone looking to get into the market and add some cosmetic touches to make it their own. More details
    Listed by RE/MAX ROUGE RIVER REALTY LTD.
    DARYL  KING
  • 217 Celina Street in Durham: Central House for sale (Oshawa) : MLS®# E12346570

    217 Celina Street Central Durham L1H 4N7
    Main Photo: 217 Celina Street in Durham: Central House for sale (Oshawa)  : MLS®# E12346570
    $399,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12346570
    Bedrooms:
    3
    Bathrooms:
    2
    Here is your chance to own an affordable semi-detached home in Oshawa, cheaper than renting. This charming home in the heart of Oshawa offers the perfect blend of comfort and convenience. The house features one ground floor large bedroom and living area, spacious kitchen, and ample natural light throughout. The highlight of this property is two full washrooms and 3 bedrooms One large bedroom on main floor and two bedrooms on 2nd floor, windows(2019), central Ac(2018), the inviting backyard, perfect for relaxation and entertaining. Its prime location ensures quick access to the 401 highway, providing effortless commuting and proximity to local amenities, parks, and schools. This home is an ideal choice for anyone seeking a vibrant community with all the necessary conveniences at their doorstep. Potential for AirBnb to help contribute towards paying the mortgage. Plenty of free street parking available for visitors and guests, Current Owner Rents Space For $50 A Month. For new owner ONE YEAR FREE PARKING from seller. Rental Parking location, please see the last picture on MLS More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 264 Athol Street E in Durham: Central House for sale (Oshawa) : MLS®# E12347922

    264 Athol Street E Central Durham L1H 1K3
    Main Photo: 264 Athol Street E in Durham: Central House for sale (Oshawa)  : MLS®# E12347922
    $499,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12347922
    Bedrooms:
    8
    Bathrooms:
    4
    Legal Duplex in Prime Oshawa Location, High-Demand Investment Opportunity. Well-located legal duplex in the heart of Oshawa, offering excellent long-term growth and income potential. This property is ideal for savvy investors looking to add value and capitalize on strong rental demand. Just steps to Costco, major retailers, restaurants, and essential amenities. Public transit (TTC) at your doorstep provides direct connectivity to surrounding areas with GO Station nearby, making it highly attractive to tenants. Each unit offers its own separate entrance and full kitchen. Some updates needed, but the layout and location offer a solid foundation for strong returns. Plenty of upside for those looking to renovate and increase rental income. Surrounded by schools, malls, parks, shopping, and major transit routes, this duplex is located in a high-demand rental corridor with consistent tenant interest and reliable cash flow potential. Whether youre building your portfolio or starting your investment journey, this property offers a rare opportunity to own a legal duplex in a central, walkable Oshawa neighborhood. AI created photos have been added to assist with a vision of what is possible. Make this your next investment project and benefit from a great opportunity! More details
    Listed by ROYAL LEPAGE MAXIMUM REALTY
    DARYL  KING
1-12/204
Data was last updated August 21, 2025 at 12:15 AM (UTC)
powered by myRealPage.com

Explore Homes for Sale Under $500,000

Browse our comprehensive listings of GTA homes under $500,000, offering a variety of sizes, styles, and locations to meet your needs. Each listing includes detailed descriptions, high-quality photos, and essential information to help you make an informed decision. Whether you’re searching for a cozy starter home, a townhouse, or an investment property, our listings cater to all preferences and budgets.

Why Buy an Affordable Home?

Finding a GTA home under $500,000 allows you to enjoy homeownership without overstretching your budget. Affordable homes are an excellent opportunity for first-time buyers to enter the market, for investors to secure rental properties, or for retirees to find a manageable space. Many of these homes are located in vibrant neighborhoods, offering access to schools, parks, and amenities.

Navigating the Affordable Home Buying Process

Buying an affordable home involves important considerations such as financing, location, and long-term investment potential. Our expert team is here to guide you through every step, offering advice on mortgages, market trends, and property inspections to ensure a smooth and rewarding buying experience.

Start Your Search for Homes Under $500,000 Today

Begin your journey to find the perfect affordable home with us. Our user-friendly platform and dedicated team are here to assist you every step of the way, making the search and purchase process seamless and efficient.

Explore our listings and discover the ideal home for your budget and lifestyle. Let us help you find the perfect property under $500,000.

Explore More Real Estate Options in the GTA:

Each of these links will guide you to a dedicated subpage with detailed listings and information tailored to your specific real estate needs.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.