The Greater Toronto Area is the most populous area of the country and with that comes millions of options when it comes to real estate. When working with a Mississauga real estate agent or browsing for homes in Oshawa or Burlington you will find condos on the water and historic homes that are more than one hundred years old. And with all this variety in home design there are varying prices as well. Here are some of the market statistics for real estate within the GTA.

The average home price for real estate within the province of Ontario is currently just above $330,000. There are cities and sections within the GTA that run on either side of this average. This means that if you are a first-time buyer looking for an affordable home with a real estate agent Thornhill or are interested in a dream home in Etobicoke there are listings that are certainly perfect for you. Let's take a closer look at some of the cities you may choose to call home.

The metropolis of Toronto is of course the most popular and expensive of all of the possibilities in this area. The average home price is $410,000 and when looking at Sutton real estate Toronto listings you will see that there are not many districts of the city where you can find decent homes for under $300,000. Those who choose to have a Toronto address are paying extra for the convenience of living within the city. But, there are plenty of other options for those that are willing to sit through morning and evening commutes.

Hamilton sits on the edge of the GTA and homes there are much more reasonably priced at around $285,000. While some people choose to make the hour drive into Toronto every day for work, there are also many who have found employment in this diverse city economy.

Burlington is another option for those that want to live in the GTA but still want a little space to breathe. There are many homes in Burlington under the $300,000 and the average price is around $320,000. If you're working with a mortgages Toronto broker and you just can't get approved for that home in the Annex, you many want to consider moving to one of Toronto's neighbouring cities.

The boroughs of Toronto also come with a wide range of prices. Instead of paying out all of your savings for a Toronto condo without much of a view, you could be living in an Oshawa or Whitby condo right on the water for around $300,000. These new chic units come with all of the amenities of their downtown counterparts for a fraction of the price.

When you're looking for a home in the GTA, it's a good idea to stay open-minded when it comes to location. There are literally thousands of options to choose from and you never know where your dream home might be.




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