647-905-0370
Toronto Under $500K
Home »
Communities »
Toronto Under $500K

Houses for Sale in Toronto Under $500K

The listings below offer houses for sale in Toronto under $500K with complete information. Buy Ontario Homes makes your search for affordable homes in Toronto easier and more reliable. Our listings are offered from neighborhoods with facilities like transit, educational institutions, schools, and more. Whether you are a first-time home buyer or planning to invest in a new property, we have listings for you. All our under $500k real estate in Toronto is offered with HD images, inclusions, and other property details. You can schedule a house tour with us and begin your search. Contact us now!
Houses for Sale in Toronto Under $500K
Forgot password Extend Verify Contact
Save search Reset Hide filters
We have found a total of 1,849 listings, but only 1,500 are available for public display. Please refine your criteria, in order to narrow the total number of matching listings.
1-12/1,500

  • 1956 135 Lower Sherbourne Street Waterfront Communities C8

    1956 135 Lower Sherbourne Street Waterfront Communities C8 Toronto M5A 1Y4
    Main Photo: 1956 135 Lower Sherbourne Street Waterfront Communities C8

    1956 135 Lower Sherbourne Street Toronto M5A 1Y4 Waterfront Communities C8

    $449,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13770096
    Bedrooms:
    1
    Bathrooms:
    1
    Exceptional layout with direct CN Tower views! This thoughtfully designed 1-bedroom, 1-bathroom suite offers a highly functional floor plan with no wasted space, generous natural light and a private balcony overlooking the Toronto skyline. Ideally located at Front & Sherbourne, this suite also includes one owned locker. Enjoy an unbeatable downtown lifestyle just steps from the TTC, St. Lawrence Market, the Distillery District, Toronto's waterfront, restaurants, shops and everyday conveniences. Residents enjoy an impressive collection of amenities including an infinity-edge pool, rooftop cabanas, outdoor BBQ area, fitness centre, yoga studio, games room, party room and more. A fantastic opportunity in one of downtown Toronto's most convenient locations with a view that truly sets this suite apart! More details
    Listed by ANALYST REALTY INC.
    LISTING DETAILS

  • 1803 159 Wellesley Street E Cabbagetown-South St. James Town

    1803 159 Wellesley Street E Cabbagetown-South St. James Town Toronto M4Y 0H5
    Main Photo: 1803 159 Wellesley Street E Cabbagetown-South St. James Town

    1803 159 Wellesley Street E Toronto M4Y 0H5 Cabbagetown-South St. James Town

    $480,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13770266
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 159 SW Condo! This rare and spacious 631 sq. ft. one-bedroom condo features extra-wide floor-to-ceiling windows, filling the expansive living room with natural light and creating a warm and inviting home atmosphere. The building offers top-notch amenities, including a 24-hour gym, yoga room, and party room, ensuring a high-quality living experience. Ideally located, it is within walking distance to the University of Toronto and Bloor Street, with supermarkets and restaurants just steps away, making daily life incredibly convenient. Whether you are a student, a professional, or an investor, this is the perfect choice! Internet included in condo fee! Listing photos are virtually staged. More details
    Listed by BESTLIVING SIGNATURE REALTY INC.
    LISTING DETAILS

  • 303 169 John Street Kensington-Chinatown

    303 169 John Street Kensington-Chinatown Toronto M5T 1X3
    Main Photo: 303 169 John Street Kensington-Chinatown

    303 169 John Street Toronto M5T 1X3 Kensington-Chinatown

    $429,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13770306
    Bedrooms:
    1
    Bathrooms:
    1
    Located in Toronto's Vibrant Queen West Entertainment District with Restaurants, Shops, Park, Subway Just Steps Away While This Urban Sanctuary Nestled On the Quiet Stretch of John Street. With a Walking Score of 100. Featuring 9 Feet Ceiling with Floor to Ceiling Windows to Let In Ample Natural Light and a Private West Facing Balcony, Open-Concept Layout Meanwhile Creates Industrial-chic Element with Exposed Concrete Ceiling & Walls, Hardwood Flooring Throughout, Updated Modern Contemporary Kitchen with Quartz Counter, Gas Range and Ample Storage Space. Updated Bathroom Features Tiled Floor and Wall, a Spacious Glass Enclosed Shower with Rain Shower Head. This 45 Suites Boutique Loft is Rarely Available For Sale. Don't Miss This Great Opportunity to Own Your Downtown Oasis and Experience the Convenience and Dynamic Urban Lifestyle. More details
    Listed by HOMELIFE BROADWAY REALTY INC.
    LISTING DETAILS

  • Ph09 633 Bay Street Bay Street Corridor

    Ph09 633 Bay Street Bay Street Corridor Toronto M5G 2G4
    Main Photo: Ph09 633 Bay Street Bay Street Corridor

    Ph09 633 Bay Street Toronto M5G 2G4 Bay Street Corridor

    $499,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13770310
    Bedrooms:
    2
    Bathrooms:
    1
    Prime location! Sophisticated SUNNY PENTHOUSE condo with a view! Rare find! Perfect for young professionals/couples/small family! Fabulous location, spectacular city view, easy to rent! Enjoy the life of downtown convenience, food, and entertainment. Spent $$$ in Renos, modern kitchen, raised ceiling, den/office with built-in shelving, excellent layout. Bedroom with built-in closet. Superb amenities, including a spectacular rooftop view/barbecue/entertaining area, indoor pool, sauna, gym, 24 hour concierge. Parking available. Near public transit, hospitals, universities, Eaton center, the atrium, etc. A must see! More details
    Listed by NEW WORLD 2000 REALTY INC.
    LISTING DETAILS

  • 1011 100 Wingarden Court Malvern

    1011 100 Wingarden Court Malvern Toronto M1B 2P4
    Main Photo: 1011 100 Wingarden Court Malvern

    1011 100 Wingarden Court Toronto M1B 2P4 Malvern

    $468,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13770250
    Bedrooms:
    2
    Bathrooms:
    2
    Delighted To Offer This Stunning Newly renovated 3BR Condo,$$$ upgardings, A Contemporary Urban OasisDesigned to Redefine Comfortable and Stylish Living. Nestled in the Heart of a Vibrant City, This Residence OffersThe Perfect Blend of Convenience. This bright, open-concept layout features spacious living and dining areasperfect for entertaining. The Modern kitchen showcases quartz countertops , Sleek Cabinetry and ContemporaryFixtures add a touch of Elegance to this Practical and Efficient Space. equipped with Top-of-the-line StainlessSteel Appliances . complemented by two full 4 pieces bathrooms. The primary bedroom offers his and hers closets,while the second bedroom includes a generous double closet. The Third bedroom with picture window, EasyAccess to another Well-appointed Bathroom For Those Seeking Outdoor Relaxation, a Private Balcony Awaits you,Providing an Enchanting view of the City scape below. Enjoy the convenience of ensuite laundry and ample storagethroughout. Condo fees cover utilities for added peace of mind. Ideally located close to shopping, parks, publictransit, Highway 401, restaurants, and schools everything you need just minutes away. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS

  • 605 100 Lotherton Pathway Yorkdale-Glen Park

    605 100 Lotherton Pathway Yorkdale-Glen Park Toronto M6B 2G8
    Main Photo: 605 100 Lotherton Pathway Yorkdale-Glen Park

    605 100 Lotherton Pathway Toronto M6B 2G8 Yorkdale-Glen Park

    $428,888
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13770298
    Bedrooms:
    3
    Bathrooms:
    1
    Rare opportunity to own arguably the most upgraded unit in the entire complex. No expense spared on a complete $80,000 top-to-bottom renovation. Step into turn-key luxury featuring rich hardwood floors, matching custom granite, refined tile work, crown moulding, and warm pot lights throughout. Relax in your private spa-inspired bathroom with a deep Jacuzzi tub, or step out onto the private balcony to take in unobstructed Western sunset views. 100 Lotherton offers resort-style amenities including full tennis and basketball courts, an indoor pool, plus an on-site convenience store and daycare. Low-stress living with maintenance fees covering all utilities (hydro, heat, water). Located minutes from Yorkdale Mall, Highway 401, Caledonia TTC routes, and Glencairn Station. Affordable luxury living in the heart of the city. Move right in! More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
    LISTING DETAILS

  • 514 1121 Steeles Avenue W Westminster-Branson

    514 1121 Steeles Avenue W Westminster-Branson Toronto M2R 3W7
    Main Photo: 514 1121 Steeles Avenue W Westminster-Branson

    514 1121 Steeles Avenue W Toronto M2R 3W7 Westminster-Branson

    $429,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13771232
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to The Primrose Towers, a sought-after gated community set amongst beautifully landscaped grounds and resort-style amenities. This spacious 2-bedroom, 2-bathroom suite offers over 900 sq. ft. of bright, sun-filled living space, plus a private balcony with peaceful treetop views. A rare offering, the unit includes two tandem parking spaces. Whether you're a first-time buyer, downsizer, or savvy renovator, this home presents an incredible opportunity to create your dream space. Consider it a blank canvas-ready for your personal vision and special touches. With generous principal rooms and an ideal layout, you can renovate and customize to your heart's desire. Enjoy effortless living with 24-hour gatehouse security and an impressive array of amenities, including manicured gardens, an outdoor pool, gym, sauna, whirlpool, squash/racquetball and tennis courts, billiards room, library, social rooms, and more. Ideally located within walking distance to Metro, FreshCo, Shoppers Drug Mart, banks, cafes, Kiva's Bakery, and everyday conveniences, with easy TTC access and quick connections to the subway. An exceptional opportunity in a well-established community offering comfort, convenience, and endless potential. More details
    Listed by RE/MAX HALLMARK BATORI GROUP INC.
    LISTING DETAILS

  • 1910 121 Ling Road West Hill

    1910 121 Ling Road West Hill Toronto M1E 4Y2
    Main Photo: 1910 121 Ling Road West Hill

    1910 121 Ling Road Toronto M1E 4Y2 West Hill

    $359,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13770732
    Bedrooms:
    2
    Bathrooms:
    2
    ** PENTHOUSE!! ** same own for 29 years!! Redesign to your own taste...*** OPPORTUNITY KNOCKS!! *** A diamond in the rough! Excellent opportunity to have lake views and stunning cityscape in your own private penthouse! Immediate possession available!,,,,, Wonderful layout with spacious Balcony,,,,, Ensuite laundry,,,,, underground owned parking space,,,,, and private locker.,,,,, Exercise room, pool, tennis courts, party/recreation rooms, BBQ areas, library, security guard, pet's allowed!,,,,, park, public transit nearby! Fantastic location close to public transit, shopping, school's and 401 highway. More details
    Listed by CENTURY 21 LEADING EDGE REALTY INC.
    LISTING DETAILS

  • 1208 3050 Ellesmere Road Morningside

    1208 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: 1208 3050 Ellesmere Road Morningside

    1208 3050 Ellesmere Road Toronto M1E 5E6 Morningside

    $319,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13771228
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this spacious 2-bedroom, 2-bathroom condo offering incredible potential to make it your own. With a few minor updates and renovations, this well-designed unit can truly be transformed into a stunning home. The bright and functional layout is complemented by beautiful northwest views overlooking the Ellesmere Ravine, creating a peaceful backdrop to everyday living.The unit includes convenient underground parking, and the maintenance fees cover all utilities for added value and peace of mind.Residents enjoy exceptional building amenities, including 24-hour concierge service, an indoor swimming pool, tennis court, fitness centre, and sauna.Ideally located just steps from Centennial College, the University of Toronto Scarborough campus, and St. John Catholic School. Public transit is right at your doorstep, with nearby parks, shopping centres, and quick access to Highway 401, making commuting and daily errands effortless More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS

  • 810 10 Tapscott Road Malvern

    810 10 Tapscott Road Malvern Toronto M1B 3L9
    Main Photo: 810 10 Tapscott Road Malvern

    810 10 Tapscott Road Toronto M1B 3L9 Malvern

    $319,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13771494
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright and beautifully maintained 1-bedroom, 1-bathroom condo offering the perfect blend of comfort, style, and convenience. This move-in-ready home features updated lighting throughout, a beautifully renovated washroom, a new range hood, and a spacious, functional layout designed for everyday living. Step out onto your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Additional features include in-suite laundry, an underground parking space, a private storage locker, and ample visitor parking. Ideally located close to Malvern Mall, shopping, schools, parks, restaurants, public transit, hospitals, and Highway 401, this well-managed building offers exceptional convenience. With affordable maintenance fees, this condo presents an excellent opportunity for first-time buyers, downsizers, or investors looking for outstanding value in a fantastic location. More details
    Listed by REAL BROKER ONTARIO LTD.
    LISTING DETAILS

  • 804 2901 Kipling Avenue Mount Olive-Silverstone-Jamestown

    804 2901 Kipling Avenue Mount Olive-Silverstone-Jamestown Toronto M9V 5E5
    Main Photo: 804 2901 Kipling Avenue Mount Olive-Silverstone-Jamestown

    804 2901 Kipling Avenue Toronto M9V 5E5 Mount Olive-Silverstone-Jamestown

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13770766
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this bright and sun-filled end-unit condo offering breathtaking, unobstructed views and an abundance of natural light through oversized windows. This spacious, beautifully maintained suite features 2 generously sized bedrooms along with 2 full bathrooms and a large open-concept living and dining area designed for comfortable everyday living and effortless entertaining. Enjoy the convenience of ensuite laundry, 1 underground parking space, and a private locker for additional storage. There is also an ADDITIONAL PARKING SPACE that is currently being rented through Property Management. Residents enjoy exceptional building amenities including an outdoor pool, sauna, fitness centre, party/meeting room, BBQ area, visitor parking, and a secure entry system. Ideally situated with TTC transit at your doorstep and quick access to Highways 400, 401, and 407. Minutes from shopping, schools, parks, banks, York University, Humber College, and Toronto Pearson International Airport. An outstanding opportunity to own a spacious, move-in-ready home in a well-managed building with unbeatable convenience and spectacular views. More details
    Listed by RE/MAX NOBLECORP REAL ESTATE
    LISTING DETAILS

  • 514 4 Elsinore Path New Toronto

    514 4 Elsinore Path New Toronto Toronto M8V 4G7
    Main Photo: 514 4 Elsinore Path New Toronto

    514 4 Elsinore Path Toronto M8V 4G7 New Toronto

    $309,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13771022
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Wave at 4 Elsinore Path, where comfort, convenience and lakeside living come together in the heart of South Etobicoke. This bright and well-designed 1 Bedroom, 1 Bathroom condo offers an open-concept layout, perfect for entertaining, with the added convenience of a full-size in-suite laundry room providing extra storage and everyday functionality. Walkout to the Balcony, to enjoy your morning coffee, tea or just relax reading a book and the expansive unobstructed views and plentiful natural light enhance the home's bright and airy feel from morning to evening. The Wave is a well-maintained boutique-style condominium including a business centre, visitor parking, and secure entry. Ideally situated in the vibrant Lakeshore Village community, you're just minutes from Humber College's Lakeshore Campus, Lake Ontario, waterfront parks and trails, local cafés, restaurants, shopping, and everyday conveniences. Commuting is effortless with TTC transit at your doorstep, easy access to Mimico GO Station, the Gardiner Expressway, Highway 427, and the QEW, making travel throughout Toronto and the GTA a breeze. Whether you're a first-time buyer, investor, or downsizer, this is an excellent opportunity to enjoy an affordable lifestyle in one of Etobicoke's most desirable waterfront neighbourhoods. More details
    Listed by RE/MAX REALTY SPECIALISTS INC.
    LISTING DETAILS
1-12/1,500
 <  123...125  > 
Data was last updated September 11, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com

Explore Toronto Homes by Type & Feature

2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom Bungalows Cheap Homes Commercial Real Estate Condos Detached Homes Double Car Garage Downtown Toronto Duplex Farms Fourplex Luxury Homes Multi-Family New Construction Old Homes Semi-Detached Separate Entrance Single Family Toronto Under $1M Toronto Under $400K Toronto Under $500K Toronto Under $600K Toronto Under $700K Toronto Under $800K Toronto Under $900K Townhomes Triple Car Garage Triplex Vacant Land Walkout Basement Waterfront Homes With a Garage With a Pool

Frequently Asked Questions (FAQ)

What are the closing costs for first-time buyers?
First-time buyers have to pay for title insurance, home inspection, land transfer tax, lawyers’ fees, and adjustments.
Yes, some might be required if you buy old homes.
It depends on your debt ratio and available incentives. Some lenders might provide options, but it’s difficult to buy with a low credit score.

For buyers

Ready to own your first Ontario home?

We guide you from first click to key handover — free, no pressure, expert advice every step.

Book free consultation
First-time buyer guide

Ontario Homes by Budget

Ontario Homes by Type

Ontario Homes by Communities

Book Free Consultation

Want to consult about the property? Fill out the form below.

By registering, you agree to receive updates, invitations, and promotional emails from us. We do not share your email address with third parties. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Get Floor Plans & Prices