Most homeowners want a place that balances city life with quiet neighborhoods. They don’t want to risk living somewhere too hectic or too dull. North York is a perfect middle ground. It offers urban amenities without the downtown rush. 644,685 people enjoy this balance here.
The area is centered around Yonge Street, north of Ontario Highway 401.
You can’t go wrong when you’re looking at a location like this. It’s close to Toronto and you’ll find a lot of great options here. Pre construction condos North York are a great choice. With $500,000, you can find some amazing options.
What are Condos?
Condos are like apartments you can own. You buy your unit and share common areas with others. Many North York condos have gyms, pools, and security. They’re perfect if you want to own a home without yard work or exterior maintenance.
How to Find the Best Condo in North York
The search for your condo in North York could be both thrilling and exhausting at the same time. You may first consider what you desire in a house. Is it necessary for you to be close to the subway? What is the size of the area that you require? Which facilities are essential? Make a list of your dream home features, as it will assist narrow down your search.
Consider your daily routine. If you commute to work, look for North York condos near public transit. If you love to shop, find a place close to your favorite stores. Think about your hobbies too. If you enjoy outdoor activities, look for condos near parks or trails.
You should decide how much you can spend first. There are some extra costs like condo fees and property taxes. So make sure you are prepared for all the costs.
Now, let’s check out six great condo options in North York for around $500,000:
1. Montaje Condos
Developer: iKore Developments
Address: 3350 Weston Rd, North York
Starting From: $499,990
Montaje has a modern design and a great location. There are various transportation modes within reach including Highways 400 and 401. You are close to Yorkdale Subway station and York University. In addition, soon you will be able to take advantage of the forthcoming Finch West LRT located nearby. The construction comprises 17 storeys with a total of 160 units inside. Hence, making lots of new acquaintances won’t be hard!
2. Victoria Condos
Developer: Tribute Communities
Address: Yorkland Blvd & Smooth Rose Ct, North York
Pricing: Starting From The $500s
Victoria Condos is all about convenience. It’s near Don Mills Subway Station and major highways. Love shopping? CF Fairview Mall is just a 3-minute drive away. North York General Hospital is also close by for peace of mind.
3. Wilson West
Developer: First Avenue
Address: 1184 Wilson Ave, North York
Pricing: Starting From The $500s
Wilson West is a 12-story condo near Wilson Station. Do you use public transport a lot? Then you’ll love it here. The subway is just steps away. And if you like shopping, Yorkdale Shopping Centre is nearby. You’ll find everything you need there. The units come in different sizes, from 480 to 1,129 sq ft. Prices are fair and they are based on how big the unit is.
4. NorthCore
Developer: Fieldgate Urban & Westdale Properties
Address: 53 Sheppard Ave W, North York
Pricing: Starting From The $500s
NorthCore sits at Yonge St & Sheppard Ave W. You can’t beat this location! NorthCore condos are just steps from Sheppard-Yonge Subway Station. The development has 352 units in 16 stories. You’ll be part of a rich community and you can move in by Spring 2026.
5. Bayview at the Village
Developer: Canderel
Address: 625 Sheppard Ave E, North York
Pricing: Luxury Condominiums From The Mid $400s
Bayview at the Village is a boutique condo with just 239 units. It’s close to Bayview Station and Bessarion Station. The best part? The Bayview Village Shopping Centre is undergoing renovations. The project is open for occupancy and units are selling fast.
6. LSQ 2 Condos
Developer: Almadev
Address: 2305 Sheppard Ave E, North York
Pricing: Starting from $600’s
LSQ2 by Almadev costs a bit more, but it’s worth a look. It’s part of a big new neighborhood plan. With 30 floors, you might get some great views! You’ll be close to Fairview Mall and lots of parks. There are shops right in the building too. The catch? You’ll have to wait until 2028 to move in.
Buying Your Perfect North York Condo
There are many pre construction condos North York around $500,000. You can find options right in active intersections or in quieter spots. Think about what’s most important to you – location, amenities, or size.
Take your time looking at different condos. You can visit the site personally to evaluate things. You shouldn’t be afraid to ask important questions. Here are some things to ask about:
- How much are the monthly condo fees?
- What do the condo fees cover?
- Are there any special assessments planned?
- How old is the building?
- What’s the pet policy?
- Is there visitor parking?
- How is the soundproofing between units?
Remember, buying a condo is a big decision. It’s okay to take your time and look at several options before you decide.
With some patience and research, you’ll find the perfect North York condos.
