fbpx

Where to Buy in Toronto for Under $500,000

Posted on February 25, 2014 in Buying, First Time Homebuyers

FacebookTwitter

Want to keep your 416 area code but feel like you’ll need to save for two lifetimes to afford a house? We’re here to lift your spirits with our top three picks for where to buy in Toronto for less than $500,000.

These three ‘hoods have nature, shopping, dining and decent schools. Rather than fight over that $499,000 semi on the 12.5’ wide lot, let us show you some detached bungalows. And if you really want to impress your friends, tell them you just bought around the corner from a golf course so you could hit the links more often. Each of these neighbourhoods has one. Seriously.

Alderwood/Long Branch

Long Branch Alderwood Toronto

Remember when Mimico and New Toronto were all the rage? We still dig them, but the gems just a little to the west are stealing our hearts.

Rockcliffe-Smythe

Rockcliffe-Smythe
Two golf courses and a river runs through it (well, Black Creek, but still)! Rockcliffe-Smythe isn’t as hip as the Junction but it’s a hop away. And it has arguably better transit options.

Birchcliffe-Cliffside
Birchcliffe-Cliffside

Birch Cliff (or Birchcliffe) and Cliffside hide behind the not-so-eye-catching strip malls and commercial plazas along Kingston Road. We’re taking you behind the scenes to see why it’s special.