Under $500KUnder $600KUnder $700KUnder $800KUnder $1M$600K–$900K$900K–$1.5M
Under $700,000

Pre-Construction Under $700,000 in Ontario — 2026

The widest selection in Ontario pre-construction. Under $700K covers condos across the full GTA — Mississauga, Vaughan, North York, Brampton — plus townhomes in Hamilton and Oshawa.

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Under $700,000 is the sweet spot of Ontario's pre-construction market — the range where GTA geography opens up meaningfully. At this budget you can access condos in Mississauga's Hurontario LRT corridor, Vaughan's subway-served VMC district, North York's Yonge-Sheppard interchange, and Scarborough — markets that offer genuine transit access to downtown Toronto at a fraction of the downtown Toronto price premium.

For townhome buyers, $700,000 stretches further still: freehold townhomes in Hamilton ($649K+), Oshawa ($649K+), and Barrie ($649K+) deliver 1,500–2,000 sq ft of new construction with private garages, no condo fees, and Tarion warranty coverage.

Under $700K — Best Options By City and Type

CityTypeCondo FromTown FromNotes
HamiltonSemi / Town$649,000$729,000Best space-per-dollar in GTA commute zone
OshawaTownhome$649,000$699,000GO East, UOIT, family communities
BramptonCondo / Town$549,000$699,000LRT corridor, GO Kitchener Line access
MississaugaCondo$549,000$699,000Hurontario LRT, Lakeview Village
VaughanCondo$649,000TTC subway, VMC employment district
North YorkCondo$629,000Yonge-Sheppard Lines 1 & 4 interchange
ScarboroughCondo$629,000Ontario Line / subway extension coming
KitchenerTownhome$629,000ION LRT, Waterloo Region tech corridor
BarrieTownhome$649,000Georgian Bay waterfront, GO 90 min

Featured Cities

Deposit Example — Under $700K

Deposit example on a $619,000 Mississauga condo (15%):

At Signing (5%)$30,950
30 Days (2.5%)$15,475
90 Days (2.5%)$15,475
12 Months (2.5%)$15,475
Occupancy (2.5%)$15,475
Total Deposits (15%)$92,850
Balance at Closing via Mortgage$526,150

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