In Toronto for $495,000
A particular house is currently listed at just under $495,000 in up-and-coming Upper Beach neighbourhood of Toronto. The detached two-bedroom, one-bathroom, two-storey home has two parking spots (no garage) and features a renovated kitchen and bathroom.
In Burlington for $475,000
For even less, you can live even closer to the water in Burlington. This sprawling two-bedroom, one-bathroom bungalow has two garages – one attached, one detached – and a recently renovated kitchen and bathroom. The lot is also nearly double its Toronto counterpart.
In Newmarket for $450,000
Dropping the price again will not yield a smaller home. This lot is even larger than those in Toronto and Burlington, and the home boasts a total of four parking spots – including a garage and carport. The bungalow has an upgraded kitchen, a professionally finished basement and a recently updated in-ground pool.
In Oshawa for $425,000
For a $70,000 discount, Torontonians can live lakeside in Oshawa. This two-bedroom, one-bathroom bungalow features a modern kitchen and bathroom, a huge lot, and is situated on a private road. Oh, and did we mention it’s on the lake?
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Investment Hot Spots:
Saint-Marcellin, Spur Valley Subdivision, Covehead, Concession, Batawa