$499,999
10 Lagerfeld Dr 104
245 daysMLS® W12791198
GTA · 15 October 2026
Two-bedroom homes under $500,000, area by area.
82 like-for-like listings pulled from the MLS® on 15 October 2026. Here is where they are, what they cost, how long they have sat, and which sellers are most likely to deal.
82Condo apartments & townhouses
$486,169Median asking price
29 daysMedian on market (47 average)
14Price already reduced
63Have two bathrooms
What the numbers say
Five things worth knowing before you tour.
Plain reads of the data on this page — asking prices and days on market, not sold prices. Nothing here is a valuation of any particular home.
The market piles up just under the line. 44 of 82 listings ask $480,000–$500,000, and 12 ask $499,900 or more. That looks like pricing to appear in an “under $500K” search. Homes asking just over $500K are not in this list at all, so a slightly higher ceiling would show more choice — I can run that version for you.
Oshawa is the cheapest area with a real sample — median $427,500 across 6 listings. Toronto East is next, and it also moves fastest: 20 days on market on average.
A third of these have sat 60+ days. 27 of 82 listings are 60 or more days old and 14 have already cut their price. Those are the conversations to start with.
Most come with a second bathroom. 63 of 82 are 2-bed / 2-bath, so the 2-bath filter costs you very little choice at this price.
Small areas swing the averages. Markham and Whitby have one listing each, and Milton, Burlington and Oakville only two or three. Treat their figures as examples, not trends.
How prices are spread
Where the listings sit under $500K.
Counts of the 82 like-for-like listings by asking price. The tall bar at the right is the filter, not the market.
Under $400K7
$400–449K13
$450–479K18
$480–500K44
The standard analysis
Every area, side by side.
Median asking price, range, average days on market and how many sellers have already cut. Areas with fewer than four listings are marked — one or two homes don’t make a market.
| Area | Listings | Median ask | Range | Avg days | Cut | 2-bath |
|---|---|---|---|---|---|---|
| Toronto | ||||||
| Toronto Central | 17 | $489,900 | $399,000–$499,999 | 46 | 3 | 11 of 17 |
| Toronto East | 12 | $463,950 | $399,000–$499,000 | 20 | 1 | 9 of 12 |
| Toronto West | 8 | $494,450 | $439,999–$500,000 | 26 | 1 | 6 of 8 |
| Peel & Halton | ||||||
| Mississauga | 8 | $499,000 | $399,000–$499,990 | 46 | 2 | 5 of 8 |
| Brampton | 6 | $489,000 | $469,990–$499,999 | 116 | 1 | 5 of 6 |
| Oakville * | 3 | $499,000 | $459,900–$499,900 | 25 | 0 | 3 of 3 |
| Milton * | 2 | $485,308 | $483,900–$486,716 | 92 | 1 | 2 of 2 |
| Burlington * | 2 | $456,950 | $434,900–$479,000 | 47 | 1 | 1 of 2 |
| York Region | ||||||
| Vaughan | 8 | $469,450 | $439,900–$499,000 | 63 | 1 | 8 of 8 |
| Richmond Hill | 4 | $498,500 | $490,000–$499,999 | 43 | 1 | 4 of 4 |
| Markham * | 1 | $499,000 | $499,000–$499,000 | 27 | 0 | 1 of 1 |
| Georgina * | 1 | $498,000 | $498,000–$498,000 | 27 | 0 | 0 of 1 |
| Durham Region | ||||||
| Oshawa | 6 | $427,500 | $385,000–$449,900 | 45 | 1 | 6 of 6 |
| Whitby * | 1 | $499,000 | $499,000–$499,000 | 51 | 0 | 1 of 1 |
| Pickering * | 3 | $499,000 | $475,000–$499,900 | 45 | 1 | 1 of 3 |
| All areas | 82 | $486,169 | $385,000–$500,000 | 47 | 14 | 63 of 82 |
* fewer than four listings. Prices are asking prices, not sale prices. “Cut” = the MLS® system shows a price reduction since the listing began. Fastest area with six or more listings: Toronto East (20 days).
Where there is room to negotiate
31 listings that have sat 60+ days or cut their price.
Longest on the market first. A long time on market doesn’t mean something is wrong with the home — but it does mean the seller has seen no offer they liked and may now be flexible.
$474,900price cut
225 Malta Ave 612
200 daysMLS® W12934908
$483,900price cut
716 Main St E 708
154 daysMLS® W13129600
$499,999
36 Lisgar St 1816
147 daysMLS® C13155590
$449,000
898 Portage Pkwy 5605
140 daysMLS® N13215748
$459,900
251 Jarvis St 1923
128 daysMLS® C13423738
$485,900price cut
30 Tretti Way 418
123 daysMLS® C13442842
$429,900
120 Varna Dr 1007
120 daysMLS® C13458208
$479,000
70 Baycliffe Cres 303
114 daysMLS® W13483472
$449,900
2545 Simcoe St N 219
105 daysMLS® E13515344
$499,900price cut
3900 Confederation Pkwy 3902
103 daysMLS® W13523602
$490,000price cut
95 Oneida Cres 707
96 daysMLS® N13552716
The longest 12 of 31 are shown; the full set is in the area lists below.
Every listing
The full list, by area.
Cheapest first within each area. Price shown is the current asking price; “cut” or “up” is a change since the listing began.
Toronto
Toronto Central17 listings · median $489,900 · 46 days avg
$399,000
251 Jarvis St 1120
22 daysMLS® C13819082
$399,999
30 Tretti Way 610
13 daysMLS® C13857542
$419,000
30 Tretti Way 602
80 daysMLS® C13609326
$429,900
120 Varna Dr 1007
120 daysMLS® C13458208
$449,000
500 Wilson Ave 519
27 daysMLS® C13804158
$459,900
251 Jarvis St 1923
128 daysMLS® C13423738
$479,990
319 Jarvis St 1802
5 daysMLS® C13884782
$485,900price cut
30 Tretti Way 418
123 daysMLS® C13442842
$489,900price cut
251 Jarvis St 4709
37 daysMLS® C13753020
$498,000
225 Sumach St 711
20 daysMLS® C13827828
$499,000
138 Downes St 806
1 daysMLS® C14033832
$499,000
38 Forest Manor Rd 1010
26 daysMLS® C13806282
$499,000
65 Mutual St 412
9 daysMLS® C13869402
$499,000
319 Jarvis St 4807
9 daysMLS® C13867820
$499,900price up
395 Bloor St E 1608
3 daysMLS® C13886802
$499,900price cut
6 Greenbriar Rd 227
9 daysMLS® C13869448
$499,999
36 Lisgar St 1816
147 daysMLS® C13155590
Toronto East12 listings · median $463,950 · 20 days avg
$399,000
135 Village Green Sq 2319
14 daysMLS® E13847748
$399,999
2 Manderley Dr 812
Just listedMLS® E14082418
$429,900
20 Meadowglen Pl 2410
17 daysMLS® E13835602
$449,000
165 Tapscott Rd 3
26 daysMLS® E13807484
$458,000
155 Tapscott Rd 22
24 daysMLS® E13811972
$458,000price cut
10 Liben Way 14
70 daysMLS® E13646388
$469,900
20 Meadowglen Pl 322
10 daysMLS® E13862474
$470,000
3121 Sheppard Ave E 522
17 daysMLS® E13833840
$479,900
30 Liben Way 34
10 daysMLS® E13864342
$485,000
1081 Danforth Rd 129
14 daysMLS® E13846864
$486,438
7439 Kingston Rd 409
8 daysMLS® E13874120
$499,000
25 Priya Lane 12
29 daysMLS® E13793766
Toronto West8 listings · median $494,450 · 26 days avg
$439,999
36 Zorra St 627
13 daysMLS® W13859526
$459,900price cut
10 Wilby Cres 1207
37 daysMLS® W13753912
$489,000
11 Maryport Ave 208
6 daysMLS® W13881082
$489,900
1787 St Clair Ave W 419
34 daysMLS® W13775218
$499,000
30 Shore Breeze Dr 236
2 daysMLS® W14005232
$499,900
10 Wilby Cres 2202
41 daysMLS® W13747616
$499,999
36 Zorra St 528
13 daysMLS® W13859524
$500,000
1100 Sheppard Ave W 217
64 daysMLS® W13668386
Peel & Halton
Mississauga8 listings · median $499,000 · 46 days avg
$399,000
30 Elm Dr W 3110
8 daysMLS® W13872500
$479,000price cut
3900 Confederation Pkwy 3301
37 daysMLS® W13756438
$499,000
30 Elm Dr W 3002
32 daysMLS® W13778108
$499,000price up
204 Burnhamthorpe Rd E 1307
24 daysMLS® W13795358
$499,000
3900 Confederation Pkwy 4002
62 daysMLS® W13674718
$499,750
36 Elm Dr W PH-02
79 daysMLS® W13613480
$499,900price cut
3900 Confederation Pkwy 3902
103 daysMLS® W13523602
$499,990
28 Ann St 217
22 daysMLS® W13817112
Brampton6 listings · median $489,000 · 116 days avg
$469,990
225 Veterans Dr N402
66 daysMLS® W13659734
$474,900price cut
225 Malta Ave 612
200 daysMLS® W12934908
$479,000
70 Baycliffe Cres 303
114 daysMLS® W13483472
$499,000
175 Veterans Dr 13
7 daysMLS® W13878012
$499,000price up
225 Veterans Dr 1007
63 daysMLS® W13674328
$499,999
10 Lagerfeld Dr 104
245 daysMLS® W12791198
Oakville3 listings · median $499,000 · 25 days avg
$459,900
2343 Khalsa Gate 611
Just listedMLS® W14082812
$499,000
395 Dundas St W 801
51 daysMLS® W13709966
$499,900
395 Dundas St W 115
23 daysMLS® W13816396
Milton2 listings · median $485,308 · 92 days avg
$483,900price cut
716 Main St E 708
154 daysMLS® W13129600
$486,716
720 Whitlock Ave 603
29 daysMLS® W13791378
Burlington2 listings · median $456,950 · 47 days avg
$434,900price up
3210 Dakota Cmn A410
25 daysMLS® W13806880
$479,000price cut
1119 Cooke Blvd B323
69 daysMLS® W13653992
York Region
Vaughan8 listings · median $469,450 · 63 days avg
$439,900price cut
898 Portage Pkwy 2106
79 daysMLS® N13611398
$449,000
898 Portage Pkwy 5605
140 daysMLS® N13215748
$450,000
950 Portage Pkwy 3715
64 daysMLS® N13669332
$459,900
195 Commerce St 1003
14 daysMLS® N13848470
$479,000
5 Buttermill Ave 2008
64 daysMLS® N13670836
$499,000
950 Portage Pkwy 1703
55 daysMLS® N13701164
$499,000
10 Abeja St 2118
20 daysMLS® N13830916
$499,000
10 Honeycrisp Cres 521
71 daysMLS® N13637924
Richmond Hill4 listings · median $498,500 · 43 days avg
$490,000price cut
95 Oneida Cres 707
96 daysMLS® N13552716
$498,000
3 Rosewater St 1502W
9 daysMLS® N13867030
$499,000
75 Oneida Cres 1703
61 daysMLS® N13680112
$499,999
6 David Eyer Rd 811
6 daysMLS® N13880372
Markham1 listing · median $499,000 · 27 days avg
$499,000
38 Simcoe Promenade 311
27 daysMLS® N13801284
Georgina1 listing · median $498,000 · 27 days avg
$498,000
110 Grew Blvd W 202
27 daysMLS® N13803454
Durham Region
Oshawa6 listings · median $427,500 · 45 days avg
$385,000
2550 Simcoe St N 318
14 daysMLS® E13847678
$395,000
2550 Simcoe St N 407
41 daysMLS® E13747880
$425,000
2550 Simcoe St N 809
34 daysMLS® E13773216
$429,999
480 Beresford Path 2
2 daysMLS® E14015468
$449,900
2545 Simcoe St N 219
105 daysMLS® E13515344
$449,900price cut
2550 Simcoe St N 2508
72 daysMLS® E13635124
Whitby1 listing · median $499,000 · 51 days avg
$499,000
1010 Dundas St E 517
51 daysMLS® E13715922
Pickering3 listings · median $499,000 · 45 days avg
$475,000price cut
1455 Celebration Dr 602
72 daysMLS® E13642210
$499,000
2635 William Jackson Dr 113
35 daysMLS® E13766286
$499,900
1695 Dersan St 304
28 daysMLS® E13803540
Left out of the numbers
Three listings that aren’t like the rest.
A trailer, an island bungalow and a modular home are priced in a different world from a condo. They are shown here but not counted in any figure above.
$68,000
149 Horseshoe Circ
87 daysMLS® N13585646
$249,000price cut
10 Snake Island Rd
129 daysMLS® N13417408
$327,500price cut
4449 Milburough Line 13 Spruce
210 daysMLS® W12900868
What this list can’t tell you
Price is only the first number.
This data has no square footage, maintenance fee, property tax, parking or locker. At this price those decide the real cost: a $390K condo with a $900 monthly fee can cost more to own than a $450K one with a $500 fee.
Pick the two or three you like and I will pull the missing numbers — fees, size, parking, what each building’s reserve fund and recent special assessments look like — and what similar units there actually sold for.
No cost, no obligation
Tell me what you need, and I’ll watch the market for you.
Send the area, the size and your ceiling. I’ll send new matches the day they list — and tell you honestly which ones to skip.
- New listings that match, before they’re a week old
- Maintenance fees, size and sold prices for the ones you shortlist
- A straight read on price cuts and who is likely to negotiate
Prefer to talk? Call or text 416-953-9545
About this list.
Listing data is from the MLS® system as of 15 October 2026, shown for 85 listings matching a two-bedroom search at or under $500,000. It is a point-in-time snapshot: prices, days on market and availability change daily, and some of these homes may already be sold or under contract. Asking prices are not sale prices and are not a valuation of any property. Medians and averages describe this list only, not the wider market. Information is deemed reliable but not guaranteed. Not intended to solicit buyers or sellers currently under contract with another brokerage. Yovan Gabric, REALTOR®, Royal LePage® Pinnacle Real Estate, Brokerage, independently owned and operated. E. & O.E.