Homes Under $500,000
Under $500,000
Homes for sale under $500,000 — hand-picked and updated daily
We go through the new listings every day and pull the homes priced around or under $500,000 into one list, so you don't have to run the search yourself.
What can you buy for under $500,000 in Ontario?
East of the GTA, under $500,000 still buys a detached house in many communities — in town in Peterborough, Lindsay, Oshawa and Port Hope, and on larger rural lots across Peterborough County and Northumberland. Expect smaller or older homes, and some that need updating.
How much cash do you need to buy a home under $500,000?
The minimum down payment in Canada is 5% on a home priced at $500,000 or less — $25,000 on a $500,000 home — plus land transfer tax and closing costs. Our Home Buyer Cash Calculator adds it all up for the price you have in mind.
Where are they, and how do I keep up?
This list covers Peterborough County, Northumberland (Cobourg, Port Hope), Durham Region (Port Perry, Scugog, Uxbridge), Kawartha Lakes and Georgina. The list below shows every home currently on it — or book a call and ask us to keep you posted as new ones come up.
$500,000 still buys a home east of the GTA. Scroll down to see every one currently on the list.
31 Featured Properties Available
- 1/31 31
3 Beds 2 Baths$499,900New - 1/10 10
2 Beds 1 Bath$489,900New - 1/23 23
3 Beds 2 Baths 10,716 Sqft Lot$469,000New - 1/26 26
3 Beds 2 Baths$499,900New - 1/5 5
2 Beds 1 Bath 0.33 Acres Lot$339,900New - 1/27 27
1 Bed 2 Baths$489,000New - 1/32 32
4 Beds 2 Baths$484,900New - 1/34 34
2 Beds 2 Baths 5,663 Sqft Lot$499,900New - 1/30 30
5 Beds 2 Baths$399,900New - 1/42 42
3 Beds 1 Bath 9.95 Acres Lot$445,000New - 1/17 17
3 Beds 1 Bath$450,000New - 1/27 27
3 Beds 2 Baths$499,000New - 1/50 50
3 Beds 1 Bath 0.34 Acres Lot$524,900Active Under Contract - 1/14 14
4 Beds 1 Bath$449,900New - 1/45 45
3 Beds 2 Baths$529,900New - 1/31 31
2 Beds 1 Bath$499,000Active Under Contract - 1/37 37
3 Beds 1 Bath 1.07 Acres Lot$499,900New - 1/47 47
4 Beds 2 Baths$469,990New - 1/28 28
2 Beds 1 Bath$499,000New - 1/7 7
4 Beds 1 Bath$437,600New - 1/42 42
3 Beds 2 Baths$465,000New - 1/39 39
3 Beds 1 Bath$435,000New - 1/29 29
3 Beds 1 Bath$479,900New - 1/20 20
2 Beds 1 Bath$424,900New