Pre-Construction Townhomes Under $500K in the GTA

Browse 22 active projects - new and pre-construction townhomes across the Greater Toronto Area. Royale Realty Brokerage (Geeta Mistry & Jasbir Seeder) provides Platinum VIP access, floor plans, deposit structures, and project-specific market analysis for every listing below. Updated 2026.

Every project listed here has a starting price under $500k, the most accessible entry point into the GTA pre-construction market. The lowest-priced units tend to sell first and prices step up through each deposit tier, so early registration matters most in this segment. Townhomes give buyers more space than a condo (typically 1,500–2,500 sq ft) and a private entrance, at a price point that sits between condos and detached homes. They're popular with growing families and investors targeting suburban demand.