$500K, GTA-Wide

What does roughly $500,000 get you in different parts of the GTA?

The answer can change quite a bit depending on where you look. We picked three current listings in Toronto, Vaughan and Mississauga to see how the same general budget can translate into very different homes.

Toronto

At #1532, 250 Wellington St W, listed at $499,000 , you get a 2-bedroom + den, 2-bathroom condo with approximately 879 sq. ft. in the heart of King West. The unit also includes one parking space, a private balcony and a south-facing exposure.

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Vaughan

At #602, 18 Coles Ave, also listed at $499,000 , the property is a 2-bedroom, 2-bathroom condo townhouse with approximately 715 sq. ft., a private balcony, one underground parking space and a storage locker.

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Mississauga

At #1611, 75 King St E, listed at * $498,800, you get a 2-bedroom, 2-bathroom corner unit with approximately 1,179 sq. ft. and a feature that is hard to overlook: three parking spaces. The unit also has a large balcony, locker and utilities included in the monthly maintenance fees.

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Three cities. Three very different properties. One budget.

That's what makes comparing homes across the GTA so interesting. The same $500K budget can mean different things depending on the location, property type, size and features that matter most to you.

Want more information about any of these properties? Contact our team and we'd be happy to provide the details, answer your questions and help you find other options that fit your budget.

Listing prices and availability can change quickly. Property details are based on listings available when this article was prepared.

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Roger Townsend

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