Ontario New Homes Under $500,000

Explore listed Ontario new homes under $500,000. Compare reference prices, home types and project details, then request a current quote.

11 listed communities. Reference prices; confirm current inventory and complete terms.

This shortlist contains projects with a listed reference price below $500,000. It is not a complete inventory of Ontario homes. Starting prices can refer to one model or unit and may depend on rebate eligibility.

A purchase budget of $500,000 does not automatically cover taxes, closing adjustments, moving or financing costs. Obtain the full home-and-lot price and available address before making a decision.

Compare ownership, fees, deposit instalments and contractual closing dates. A lower price for a condominium townhome is not directly comparable with a freehold home without checking obligations.

Membership and counts rebuild from the site’s project data. Price-source dates are shown where available on project pages; older numbers remain reference figures until a fresh quote is obtained.

Closing-cost checklist · Deposit planning · Ownership comparison

Listed communities

• Townhomes in Thamesford — Townhome, from $369,999
• Mile & Creek — Condo, from $377,156
• Stax — Townhome, from $377,184
• Arbour Park — Townhome, from $394,900
• Element Towns — Townhome, from $429,000
• Sienna Woods — Townhome, from $463,490
• Cadence — Townhome, from $494,990
• Trussler West — Condo, from $496,990
• Vicinity — Townhome, from $499,106
• Erinbrook Towns — Townhome, from $499,900
• Serenity Bay — Townhome, from $499,990

Buyer questions

Are these homes guaranteed below $500,000?

No. These are listed reference prices. Models, availability, premiums and rebate conditions can change.

Does the listed price cover closing costs?

Do not assume so. Obtain the full price basis and budget separately for taxes, legal costs, adjustments and financing.

Browse another shortlist

• Ontario New Homes Under $650,000
• Quick Move-In New Homes in Ontario