The GTA real estate market is picking up steam as we head into spring. But despite a month-over-month increase in property values, the market is still dealing with the aftermath of eight consecutive interest rate hikes and what that could mean for the year ahead.
For buyers, this is a chance to consider homes that may have been out of reach just one year ago. So check out these Toronto houses for sale that are all under $800,000.
32 Birkdale Road | $799,000 | Scarborough
This bright and sunny Scarborough home features a large open-concept living room, luxurious hardwood floors, and pot lights throughout. The eat-in kitchen not only features a smart layout and luxurious cabinetry, but it also overlooks the private backyard.
7 Rectory Road | $779,000 | Toronto
This Weston Village home is full of upgrades, including new floors, new windows, plus a new roof. Considered a great condo alternative, this property features an eat-in kitchen with a smart layout and stainless steel appliances. There’s also a walk-out deck and private fenced-in yard — perfect for entertaining on those warm summer nights.
114 Dawes Road | $775,000 | East York
Located in the heart of East York, this 3-bedroom semi is the perfect starter home for a young family or working couple. The enclosed porch is a great play area for the kids, or a relaxing space to enjoy morning coffee rain or shine. The main living area flows nicely into the kitchen, which features a convenient breakfast bar and plenty of cupboard space.
253 Axminster Drive | $799,000 | Richmond Hill
If you’re looking for value outside the city, this 3-bedroom semi in Richmond Hill might be worth considering. Situated on a great lot, the property features a renovated kitchen, three spacious bedrooms, and a generous backyard. This home is also located in a great school district, with easy access to neighbourhood amenities and major highways.