If you want to save money on your future home, look outside of the GTA’s borders. These homes for sale in Ontario cost under $500,000, and we guarantee that you’ll be surprised by what you can get for below-average prices.

Whether you want to find a home near beach, the university campus, or the city, you don’t need a Toronto-sized budget to do so.

Here are 5 homes for sale in Ontario for under $500,000 right now!

Owen Sound, Ontario

Photo via James McGregor / Engel & Völkers Collingwood

This three-bedroom well-kept home is located near Kelso Beach, the Harbour, parks, schools, and more.

The home is move-in ready, complete with a landscaped backyard and deck.

Price: $474,500

Waterloo, Ontario

Photo via Nik Poulimenos / Engel & Völkers Kitchener Waterloo

This townhome is located in the quiet Waterloo neighbourhood of University Downs.

The three-bedroom property comes with a private fully-fenced yard and is located conveniently near the local colleges and universities.

Price: $499,900

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Ottawa, Ontario

Photo via Hussein Zeineddine / Engel & Völkers Ottawa Central

This “one-of-a-kind” single-family detached home in Ottawa sits on a generously sized lot.

It has three bedrooms, a heated garage with 13-foot ceilings and a loft, as well as a sunroom and in-law suite with a bedroom and den.

Price: $499,900

South Bruce Peninsula, Ontario

Photo via Max Hahne / Engel & Völkers Collingwood

Live near one of the most beautiful natural wonders in the province, Bruce Peninsula National Park, in this charming three-bedroom home.

Situated on a large lot surrounded by mature trees, this comfortable home comes with a covered deck that fully equipped to accommodate a hot tub and BBQ.

It’s a short drive to Wiarton and Sauble Beach, making it an ideal destination for both convenience and outdoor fun.

Price: $450,000

Embrun, Ontario

Photo via Anthony Donnelly / Engel & Völkers Ottawa Central Glebe

This pristine two-bedroom condo in eastern Ontario could be yours for just $345,000.

The quality-built oversized home has low condo fees and features 9-foot ceilings with beautiful finishes throughout.

Plus, you will find a beautiful walking trail and pond steps from your front door.

Price: $345,000

Curiocity Staff

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