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M5T Houses for Sale Under 500 Thousand

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With Square Yards Canada, you can find a variety of houses for sale under $500k in m5t, providing an extensive selection across different municipalities, communities, or areas in Ontario. Filter properties by price, size, amenities, and property age to find the best m5t houses for sale under $500k. Customise your search by the number of bedrooms, bathrooms, and surface area to find the perfect match. Browse our listings with HD images and detailed guides to choose from the high-end properties available. Buy houses in m5t under $500k with the best on offer across the market.

Last Updated: May 07, 2025

27 Photos

195 McCaul Street

Unit-1014, 195 McCaul Street Kensington-Chinatown, Toronto, ON MLS® C11972918

Residential Condo & Other (Condo Apartment)

$499,900

1 Beds
1 Baths
0-499 sq-ft

Client Remarks Welcome to The Bread Company! Never lived-in, brand new 435SF Premium Studio floor plan, this suite is perfect! Stylish and modern fini

29 Photos

120 St. Patrick Street, Toronto, ON , MLS #C12085628 , Image - 1

Unit-609, 120 St. Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12085628

Residential Condo & Other (Condo Apartment)

$499,000

Price drop by 16.7%

1 +1 Beds
1 Baths
600-699 sq-ft

Experience stylish downtown living in this generously sized 1-bedroom suite at the highly sought-after Village by the Grange. Featuring a modern 4-pie

25 Photos

88 Carr Street, Toronto, ON , MLS #C12122337 , Image - 1

Unit-18, 88 Carr Street Kensington-Chinatown, Toronto, ON MLS® C12122337

Residential Condo & Other (Condo Townhouse)

$499,000

1 +1 Beds
1 Baths
0-499 sq-ft

Chic Downtown Living in the Heart of Queen West! Welcome to this bright and spacious 1 bedroom AND LARGE DEN suite offering stylish open-concept livin

4 Photos

421 Dundas Street W, Toronto, ON , MLS #C12118594 , Image - 1

Unit-G10, 421 Dundas Street W Kensington-Chinatown, Toronto, ON MLS® C12118594

Commercial (Sale Of Business)

$259,000

Location!!! Great Location At The Hart Of The China Town, Busy And Profitable Chinese BBQ Restaurant For Sale. Lots Of Traffic And Easy To Convert To

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353 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C11956485

Commercial (Sale Of Business)

$299,999

Price drop by 36.0%

AAA prime location in Chinatown over 20 yrs established Chinese Restaurant Business for sale. Approx 2400 Sq ft Main floor plus finished Bsmt. Licence

7 Photos

47 Baldwin Street, Toronto, ON , MLS #C12088777 , Image - 1

47 Baldwin Street Kensington-Chinatown, Toronto, ON MLS® C12088777

Commercial (Sale Of Business)

$299,000

High Demand Location. Lots Of Traffic And Easy To Convert To Other Cuisine. Fully Equipped Kitchen In The Basement. Spacious Dining Area On The Main &

22 Photos

71 McCaul Street, Toronto, ON , MLS #C12085194 , Image - 1

Unit-123, 71 McCaul Street Kensington-Chinatown, Toronto, ON MLS® C12085194

Residential Condo & Other (Condo Apartment)

$448,000

1 Beds
1 Baths
0-499 sq-ft

Welcome to your stylish 1-bedroom, 1-bathroom condo nestled in the heart of Toronto's vibrant downtown core. This unit offers comfort and convenience

4 Photos

222 Spadina Avenue, Toronto, ON , MLS #C12076140 , Image - 1

Unit-243, 222 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C12076140

Commercial (Commercial Retail)

$85,000

High Traffic And Excellent Location In Core Downtown Toronto. The Unit Is On Second Floor in Larger Indoor Shopping Mall Chinatown Centre . Very Good

34 Photos

10 Willison Square, Toronto, ON , MLS #C12072115 , Image - 1

Unit-602, 10 Willison Square Kensington-Chinatown, Toronto, ON MLS® C12072115

Residential Condo & Other (Condo Apartment)

$378,000

1 Baths
0-499 sq-ft

Welcome To This Sophisticated And Functional Apartment Nestled In The Vibrant King West Neighborhood Of Toronto. Designed for city living, this bright

7 Photos

410 Bathurst Street, Toronto, ON , MLS #C12069805 , Image - 1

Unit-XLA3, 410 Bathurst Street Trinity-Bellwoods, Toronto, ON MLS® C12069805

Commercial (Sale Of Business)

$479,000

1 Baths

Exciting Franchise Opportunity in Prime Toronto Location Bathurst College CenterSeize the chance to own a brand-new Mr. Greek franchise in the highly

22 Photos

356 College Street, Toronto, ON , MLS #C12070324 , Image - 1

356 College Street University, Toronto, ON MLS® C12070324

Commercial (Sale Of Business)

$199,000

Prime corner on College St. Excellent exposure, close to U of T. Established Asian restaurant business, also suitable for many other food use. High

10 Photos

268 Dundas Street E, Toronto, ON , MLS #C11965614 , Image - 1

268 Dundas Street E Moss Park, Toronto, ON MLS® C11965614

Commercial (Sale Of Business)

Price On Request

Location ,location , location, Turnkey restaurant for sale In Toronto, Fully Equipped Kitchen, Recently renovated, Etc, . The Capacity Of 35 Persons w

26 Photos

80 St Patrick Street, Toronto, ON , MLS #C12028748 , Image - 1

Unit-425, 80 St Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12028748

Residential Condo & Other (Condo Apartment)

$499,999

Price drop by 5.6%

1 Beds
1 Baths
500-599 sq-ft

Chic & Cozy Unit Located in The Heart Of Toronto! Newly Renovated, Open Concept With Key Features: *All Utilities, Cable & Internet Included in Mainte

13 Photos

230 Simcoe Street, Toronto, ON , MLS #C12031319 , Image - 1

230 Simcoe Street Kensington-Chinatown, Toronto, ON MLS® C12031319

Residential Condo & Other (Condo Apartment)

$499,000

1 Beds
1 Baths
0-499 sq-ft

Incredible Condo Assignment Deal At 230 Simcoe St. Own A Brand-New, Never-Lived-In 1 Bed, 1 Bath Condo In Artists Alley, Featuring An Open-Concept Lay

7 Photos

201 Augusta Avenue, Toronto, ON , MLS #C12035324 , Image - 1

201 Augusta Avenue Kensington-Chinatown, Toronto, ON MLS® C12035324

Commercial (Sale Of Business)

$250,000

Amazing Opportunity to own a Restaurant in One Of The Best Location In Downtown Toronto Directly across from Bellevue Square Park with Patio facing. A

3 Photos

376-378 Spadina Avenue, Toronto, ON , MLS #C12037313 , Image - 1

376-378 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C12037313

Commercial (Commercial Retail)

Price On Request

Location, location, located in the heart of China town, rare opportunity to own a corner premises with 4 apartments on the second floor, rental income

21 Photos

15 Beverley Street

Unit-409, 15 Beverley Street Kensington-Chinatown, Toronto, ON MLS® C12007174

Residential Condo & Other (Condo Apartment)

$399,990

1 Baths
0-499 sq-ft

Lucky Number 12! BET ON BEV! Sweet Suite 409 is a south-facing studio waiting for your design touch at 12 Degrees Condos, an architectural gem nestled

6 Photos

285 College Street, Toronto, ON , MLS #C12021748 , Image - 1

285 College Street Kensington-Chinatown, Toronto, ON MLS® C12021748

Commercial (Sale Of Business)

$115,000

2 Baths

Excellent Location Located at Spadina/College.A thriving community. Just Beside U Of T. Next TO T&T .High Foot Traffic Good Profit Making Well Establi

10 Photos

120 St Patrick Street W, Toronto, ON , MLS #C12023139 , Image - 1

Unit-#1406, 120 St Patrick Street W Kensington-Chinatown, Toronto, ON MLS® C12023139

Residential Condo & Other (Condo Apartment)

$490,000

1 Beds
1 Baths
500-599 sq-ft

This is your opportunity to own an Affordable & Spacious 1 Bedroom unit in the heart of the city! This condo offers the best of downtown living, just

9 Photos

150 Beverley St

Unit-1, 150 Beverley St Kensington-Chinatown, Toronto, ON MLS® C11822393

Commercial (Office)

Price On Request

Situated in the heart of central Toronto, this sleek designed space is ideal for a range of professions including law firms, accounting practices, cre

6 Photos

341 Spadina Ave, Toronto, Ontario , MLS #C11910060 , Image - 1

341 Spadina Ave Kensington-Chinatown, Toronto, ON MLS® C11910060

Commercial (Sale Of Business)

$149,999

Newly renovated bubble tea shop situated in the heart of Chinatown, along one of Spadina's busiest and most vibrant strips. Features brand-new equipme

10 Photos

230 Simcoe St

Unit-2320, 230 Simcoe St Kensington-Chinatown, Toronto, ON MLS® C11972512

Condo (Comm Element Condo)

$499,900

Price drop by 3.9%

1 Beds
1 Baths
0-499 sq-ft

Brand-new, never lived, stunning junior one bedroom condo unit at Artist Alley Condo in downtown core Toronto. 468Sf interior area with a large open b

16 Photos

15 Beverley St

Unit-705, 15 Beverley St Kensington-Chinatown, Toronto, ON MLS® C12010464

Condo (Condo Apartment)

$449,000

1 Baths
0-499 sq-ft

Welcome to this beautifully updated bachelor condo, ideally located just steps from OCAD and a short walk to major Toronto hospitals, Kensington Marke

8 Photos

285 College St, Toronto, Ontario , MLS #C11892344 , Image - 1

285 College St Kensington-Chinatown, Toronto, ON MLS® C11892344

Commercial (Sale Of Business)

$115,000

Price drop by 14.8%

Excellent Location Located at Spadina/College.A thriving community. Just Beside U Of T. Next TO T&T .High Foot Traffic Good Profit Making Well Establi

32 Photos

78 Kensington Ave E, Toronto, Ontario , MLS #C12007458 , Image - 1

78 Kensington Ave E Kensington-Chinatown, Toronto, ON MLS® C12007458

Commercial (Sale Of Business)

$50,000

Mosaic World is located at Kensington Market known to be Toronto's most culturally unique and colorful neighborhood that offers a truly original exper

10 Photos

105 Mccaul Street, Toronto, ON , MLS #40702980 , Image - 1

Unit-701, 105 Mccaul Street Kensington-Chinatown, C01, Toronto, ON MLS® 40702980

Residential (Condo/Apartment Unit)

$495,000

1 Beds
1 Baths
575 sq-ft

Location. Location. Location. Welcome to Unit #701. In the heart of downtown Toronto, directly across from OCAD, this spacious sun filled newly renova

4 Photos

285 Dundas St W, Toronto, Ontario , MLS #C9032040 , Image - 1

285 Dundas St W Kensington-Chinatown, Toronto, ON MLS® C9032040

Commercial (Sale Of Business)

$198,000

Price drop by 33.8%

TOTAL RENOVATED BRAND NEW RESTAURANT WITH OPEN KITCHEN. APPROX 40 SEATS. LOCATED AT A VERY BUSY AREA ON DUNDAS WEST/UNIVERSITY SURROUND BY HIGH RISE C

5 Photos

205 College St, Toronto, Ontario , MLS #C11999955 , Image - 1

Unit-101, 205 College St Kensington-Chinatown, Toronto, ON MLS® C11999955

Commercial (Sale Of Business)

$189,000

INS Market Franchise Business Unique Location With No Competitor Nearby In Very Busy And High Traffic Area At College St & Beverley St Across From Uni

6 Photos

336 dundas St W, Toronto, Ontario , MLS #C11882013 , Image - 1

336 dundas St W Kensington-Chinatown, Toronto, ON MLS® C11882013

Commercial (Sale Of Business)

$60,000

Price drop by 25.0%

Well established luxury 1176sf hair salon with high classic renovation from top to bottom, it's a turn-key business for high end clientele in the hear

13 Photos

407 Spadina Avenue, Toronto, ON , MLS #C11912226 , Image - 1

407 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C11912226

Commercial (Sale Of Business)

$80,000

Price drop by 36.0%

Prime location in Toronto's vibrant Chinatown, just a short walk to the University of Toronto. High foot traffic! Stylishly designed restaurant space

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