Townhouses in Toronto Under $500K

Explore our selection of townhouses in Toronto priced Under $500K. Known for Canada's largest city, Toronto offers world-class dining, culture, and transit. The Battaglia Team provides expert guidance to find your perfect home in this cosmopolitan community.

54 listings available

54 properties found

Condo

10 Rodda Boulevard Unit 65, Toronto E10

321,200 sqft

$499,900

Condo

1070 Progress Road Unit 309, Toronto E11

221,000 sqft

$499,000

Condo

155 Tapscott Road Unit 18, Toronto E11

22700 sqft

$467,500

Condo

4005 Don Mills Road Unit 228, Toronto C15

321,200 sqft

$489,000

Condo

30 Liben Way Unit 20, Toronto E11

22900 sqft

$449,000

Condo

1359 Neilson Road Unit 59, Toronto E11

31700 sqft

$499,999

Condo

100 Mornelle Court Unit 1059, Toronto E09

321,000 sqft

$489,000

Condo

100 Mornelle Court Unit 1017, Toronto E09

321,200 sqft

$399,999

Condo

11 Wincott Drive Unit 914, Toronto W09

211,000 sqft

$439,800

Condo

141 Isaac Devins Boulevard Unit 3, Toronto W05

11600 sqft

$384,900

Condo

870 Jane Street Unit 106, Toronto W03

22800 sqft

$439,000

Condo

869 Wilson Avenue Unit 29, Toronto W05

21600 sqft

$354,900

Condo

10 Liben Way Unit 14, Toronto E11

21700 sqft

$469,000

Condo

3 Everson Drive Unit 538, Toronto C14

11500 sqft

$399,888

Condo

40 Rexdale Boulevard Unit 3, Toronto W10

321,000 sqft

$399,000

Condo

117 Burrows Hall Boulevard Unit 11, Toronto E11

321,200 sqft

$499,900

Condo

153 Isaac Devins Boulevard Unit 2, Toronto W05

11600 sqft

$399,000

Condo

50 Orchid Place Drive Unit 4, Toronto E11

11500 sqft

$459,000

Condo

35 Strangford Lane Unit 204, Toronto E04

22800 sqft

$499,000

Condo

50 Scarborough Golf Club Road Unit 122, Toronto E08

321,200 sqft

$399,000

Condo

2789 Eglinton Avenue Unit 413, Toronto E08

11500 sqft

$399,900

Condo

2901 Jane Street Unit 52, Toronto W05

321,200 sqft

$450,000

Condo

3049 Finch Avenue Unit 1003, Toronto W05

32800 sqft

$499,000

Condo

140 Ling Road Unit 88, Toronto E10

321,400 sqft

$499,000

Page 1 of 3

About Townhouses in Toronto

Toronto is one of the GTA's cosmopolitan communities, defined by its Canada's largest city and world-class dining, culture, and transit. Townhouses here range from entry-level units in established buildings to newer developments with modern finishes and amenities. Townhouses bridge the gap between condos and detached homes — multi-floor living with private entrances, often with a small backyard. Freehold townhouses carry no monthly fees, while condo townhouses include common-area maintenance. Buyers drawn to Toronto typically value its proximity to major transit corridors, established school catchments, and the cosmopolitan character that distinguishes it from neighbouring municipalities.

Who's Buying Under $500K Homes in Toronto

Properties priced under $500k in Toronto attract first-time buyers, investors, and downsizers seeking attainable entry into the market. Most lenders treat properties under $500,000 as low-ratio mortgages, so qualified buyers can put as little as 5% down (CMHC-insured). This price band moves quickly — properties typically sell within 14 days, often with multiple offers in established neighbourhoods.

Working with the Battaglia Team in Toronto

The Battaglia Team has been serving Toronto and the surrounding GTA since 1995. We pair MLS listings (refreshed every few hours from the Toronto Regional Real Estate Board) with hyper-local market knowledge: school boundary changes, planned infrastructure, neighbourhood-specific buyer competition, and recent comparable sales not visible on public portals. Whether you're touring your first townhouse or making a strategic move into Toronto's under $500k market, our team handles MLS searches, virtual previews, in-person showings, offer strategy, and negotiation end-to-end. Reach out for a no-obligation conversation about your goals.

Frequently Asked Questions

How much do townhouses cost in Toronto under $500k?

Pricing for townhouses in Toronto varies by neighbourhood, lot size, age of the property, and current market conditions. Within the under $500k band, listings typically reflect the cosmopolitan character of the area and proximity to Canada's largest city. For an up-to-the-minute price snapshot tied to your specific needs, contact the Battaglia Team for a free comparative market analysis.

What should I know before buying a home in Toronto?

Toronto is known for Canada's largest city and world-class dining, culture, and transit. Before making an offer, review the property's status certificate (for condos), arrange a pre-listing inspection where possible, and confirm school catchment if you have children. Property taxes in Toronto are calculated on assessed value (MPAC) and vary by ward — your agent can pull the exact figure for any address.

What down payment do I need for a under $500k home?

Most lenders treat properties under $500,000 as low-ratio mortgages, so qualified buyers can put as little as 5% down (CMHC-insured).

What are the pros and cons of townhouses in Toronto?

Townhouses bridge the gap between condos and detached homes — multi-floor living with private entrances, often with a small backyard. Freehold townhouses carry no monthly fees, while condo townhouses include common-area maintenance.

How quickly do homes sell in Toronto?

Time-on-market in Toronto varies by season, price range, and presentation quality. Well-priced, well-staged listings in the entry-level bands typically attract serious offers within 7–21 days. Luxury listings ($1.5M+) can take 30–90 days. Reach out for a current market velocity report for Toronto.