Photo via The Canadian Home
We don’t all dream of lavish villas and giant hot tubs. For most of us, a beautiful condo or a spacious studio in a good neighbourhood with plenty of amenities and conveniences is a pretty sweet deal. And yet with the massive boom in the GTA real estate market, it seemed impossible to find a home for sale in the GTA that isn’t ridiculously overpriced. So, you might find it hard to believe when we say that you can buy a home for under $400K. But it is true!
We discovered 5 amazing and surprisingly affordable listings on The Canadian Home app. Yes, it is the same app we informed you of earlier. The very same one that has become a go-to for home buyers, sellers and renters in Ontario as a one-stop real estate destination.
While their six million+ listings are partly why The Canadian Home is such a rage, the other reason is that they offer a bunch of super helpful features and services. And their expense calculator (not to be confused with the avg. mortgage calculator) is one of them. The calculator helps you figure out what will be the final cost of the home including overheads. So, you know exactly what your budget would look like.
Anyway, here are the 5 homes that you can get for under $400K in the GTA right now—
A suite in this condo hotel in the heart of downtown Toronto is a dream to own and live in. Primarily for its location. But also for its historic character, its spacious interiors and the fact that you can use the hotel amenities. Think valet parking, sauna and hot tub, meeting rooms, fitness centre, bar and room service from the two restaurants in the hotel.
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In the heart of one of TO’s most happening neighbourhoods, King and Spadina, sits this unreal gem. The 1-bedroom condo comes with a European-style kitchen, modern fittings, floor-to-ceiling windows and all the condo comforts. Think rooftop pool, gym and concierge among others. Plus, it is steps from the best restaurants and shops in town and also the streetcar.
This 1-bedroom condo is a great opportunity for both investment and living. Its North York location makes it perfect for anyone looking to jump into the GTA real estate ring. And its modern kitchen, bright and airy space, condo amenities and proximity to Subway, GO train, highways, hospital and more make it a perfect place to call home.
We never thought we’d see a Toronto kitchen with a walk-in pantry but this super spacious, 2-bedroom condo apartment has proven us wrong. It’s a comfortable place to live given that it is close to the subway, all major highways and other conveniences. So, it is great for first-time home buyers. But its proximity to York University means that it has serious rental potential. That makes it a great investment opportunity as well.
It is hard to not fall in love with this adorable houseboat. But that isn’t the only reason why you should consider this floating home docked at the Scarborough Bluffs. This 1-bedroom houseboat is one of the best GTA real estate deals you can bag right now. Firstly, you are getting THAT for $150K. And secondly, it can turn into a unique and pretty profitable Airbnb opportunity.
There you have it folks— homes you can buy for under $400K even in the current GTA real estate market. You can browse through more listings on The Canadian Home website/app. They will even guide you through every step of the otherwise overwhelming process when you find your dream home.
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