Affordable Homes Toronto – Smart Choices in a Competitive Market

Looking for affordable homes in Toronto? Whether you’re a first-time buyer, investor, or downsizer, Toronto has a variety of budget-friendly housing options—from condos and townhomes to semi-detached and older detached homes in up-and-coming areas.

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  • The Bellagio 23 Coulson Avenue in Toronto: Forest Hill South House for lease (Toronto C03) : MLS®# C12326145

    The Bellagio 23 Coulson Avenue Forest Hill South Toronto M4V 1Y3
    Main Photo: The Bellagio 23 Coulson Avenue in Toronto: Forest Hill South House for lease (Toronto C03)  : MLS®# C12326145
    $3,995
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12326145
    Bedrooms:
    3
    Bathrooms:
    3
    www.LaMaison23.ca. Live where Legacy Lives. Welcome to The Bellagio, a bespoke luxury residence at La Maison 23 quietly nestled in the heart of Forest Hill Village, one of Toronto's most coveted enclaves. Just steps from Upper Canada College, Bishop Strachan School, and Forest Hill Public School, this 3-bedroom home is ideal for families and professionals who prioritize top-tier schools, elegant design, and a walkable, connected lifestyle. Curated for those who seek high design and a world-class location, this lower-level residence offers over 1,350 sq. ft. of refined interiors, featuring 3 spacious bedrooms, 2.5 spa-appointed bathrooms, and radiant heated floors throughout. The chefs kitchen includes a stone waterfall island, high-end appliances, a built-in wine cooler, and brushed gold fixtures. A stone fireplace wall, paneled feature entry, and Scandinavian indirect lighting create warmth and character. All bedrooms feature paneled headboard walls, custom closets, and ensuite-style bathrooms with radiant heated floors and European fixtures. This isn't condo living its Forest Hill living, reimagined. Your mornings begin with jogs through Cedarvale Ravine. Kids walk to Canadas top schools while you grab espresso and pastries from village cafés. Meet friends for brunch at Café Landwer, shop local boutiques, and wind down at Mashu Mashu. With easy public transit access and a short drive to downtown, commuting is seamless whether you work in the core or explore the citys culture.The Bellagio includes private utilities, top-tier sound insulation, 24/7 security cameras, available dedicated parking with EV charging. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    DARYL  KING
  • 1 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12326300

    1 656 Crawford Street Palmerston-Little Italy Toronto M6G 3K2
    Main Photo: 1 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01)  : MLS®# C12326300
    $2,850
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12326300
    Bedrooms:
    2
    Bathrooms:
    1
    Beautifully renovated 2-bedroom nestled in one of the citys most vibrant neighbourhoods. Big spacious bedrooms, newly renovated. Laundry on site, Parking is available at an extra cost. steps to Christie Pits Park, the subway, and a fantastic mix of shops, cafes, and restaurants along Bloor and beyond. Bright, stylish, and move-in ready. The perfect blend of comfort and convenience in the heart of the action. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 2 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12326301

    2 656 Crawford Street Palmerston-Little Italy Toronto M6G 3K2
    Main Photo: 2 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01)  : MLS®# C12326301
    $2,900
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12326301
    Bedrooms:
    2
    Bathrooms:
    1
    Of course heres the updated version with those details included:---**Client Remarks:**Stylish and fully renovated second-floor 2-bedroom with a private sundeck in one of the citys most vibrant neighbourhoods. Just steps to Christie Pits Park, the subway, and a great selection of shops, cafes, and restaurants. Bright, functional, and beautifully finished throughout. Laundry on site for your convenience, with garage parking available at an additional cost. A perfect blend of indoor comfort and outdoor space in an unbeatable location.---Let me know if youd like a punchier version for a feature sheet or a one-liner for social. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 3 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12326302

    3 656 Crawford Street Palmerston-Little Italy Toronto M6G 3K2
    Main Photo: 3 656 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01)  : MLS®# C12326302
    $2,900
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12326302
    Bedrooms:
    2
    Bathrooms:
    2
    right and beautifully renovated 2-bedroom third-floor unit in the heart of a vibrant neighbourhood. Each bedroom features its own private ensuite, offering ideal comfort and privacy. Enjoy your own sundeck, on-site laundry, and the option for garage parking at an additional cost. Just steps to Christie Pits Park, the subway, and a wide array of local shops, cafes, and restaurants. A perfect urban retreat with all the right touches. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • Basement 7 Logandale Road in Toronto: Willowdale East House for lease (Toronto C14) : MLS®# C12326321

    Basement 7 Logandale Road Willowdale East Toronto M2N 4H3
    Main Photo: Basement 7 Logandale Road in Toronto: Willowdale East House for lease (Toronto C14)  : MLS®# C12326321
    $1,700
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12326321
    Bedrooms:
    1
    Bathrooms:
    1
    One bedroom and one washroom for rent in prime North York location with separate entrance. Bright and Spacious, walking distance to Metro, Yonge St, Finch subway station. Water, Heat, Hydro, Internet all inclusive. More details
    Listed by REAL ONE REALTY INC.
    DARYL  KING
  • Bsmt 26 Miramar Crescent in Toronto: Bendale House for lease (Toronto E09) : MLS®# E12326359

    Bsmt 26 Miramar Crescent Bendale Toronto M1J 1R4
    Main Photo: Bsmt 26 Miramar Crescent in Toronto: Bendale House for lease (Toronto E09)  : MLS®# E12326359
    $2,100
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12326359
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this beautifully renovated and well-maintained 1-bedroom + den basement apartment with 1 parking space and a private separate entrance, offering comfort and convenience in the heart of Scarborough. Enjoy a bright living space with modern laminate flooring, a tiled kitchen for easy maintenance, and an open-concept kitchen/dining area plus a separate family room. The kitchen offers ample cabinetry, sleek counters, and essential appliances, while private in-suite laundry adds convenience. Situated on a quiet residential street yet close to schools, parks, TTC, and amenities, this move-in-ready home is perfect for tenants seeking privacy, style, and accessibility. More details
    Listed by BLUE WHALE CAPITAL REALTY INC.
    DARYL  KING
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  • A 3371 Bloor Street W in Toronto: Stonegate-Queensway House for lease (Toronto W07) : MLS®# W12326358

    A 3371 Bloor Street W Stonegate-Queensway Toronto M8X 1G2
    Main Photo: A 3371 Bloor Street W in Toronto: Stonegate-Queensway House for lease (Toronto W07)  : MLS®# W12326358
    $2,850
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12326358
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to the West End of Bloor Street Where Urban Living Meets Everyday Convenience Situated just steps from Islington Station, trendy cafés, and some of the areas most popular restaurants, this bright and spacious newly renovated 2-bedroom, 2-bathroom apartment offers the ideal balance of style, comfort, and functionality. Thoughtfully designed with an exceptional layout, the open-concept living and dining areas flow effortlessly from a modern kitchen outfitted with sleek stainless steel appliances, brand-new cabinetry, and stylish plank flooring. The generously sized primary bedroom comfortably fits a king-sized bed and features a private 3-piece ensuite. A second full 4pc bathroom, in-suite washer and dryer, and tasteful finishes throughout ensure this home is truly move-in ready. Additional highlights include a private entrance, exclusive parking space, and energy-efficient ductless air conditioning units for year-round comfort. Whether you're a professional, a couple, or roommates, this well-appointed apartment just steps from The Kingsway offers an unbeatable combination of space, convenience, and location in one of Toronto's most vibrant neighbourhoods. More details
    Listed by ROYAL LEPAGE TERREQUITY REALTY
    DARYL  KING
  • 109 Roxanne Crescent in Toronto: Milliken House for lease (Toronto E07) : MLS®# E12326333

    109 Roxanne Crescent Milliken Toronto M1V 4J3
    Main Photo: 109 Roxanne Crescent in Toronto: Milliken House for lease (Toronto E07)  : MLS®# E12326333
    $3,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12326333
    Bedrooms:
    5
    Bathrooms:
    3
    This Lease Does Not Include The Basement & Garage Highly Demanded Location. Steps To Bus Stop with a Short Cut Directly to Steeles Ave. Close To Pacific Mall, Grocery Stores, Park, Community Centres And Other Amenities. The Family Room Over The Garage Has Been Changed Into 2 Extra Bedrooms. So Totally We Have 5 Good Size Bedrooms. 4 Outside Parking Spots Are Included. There Is One quiet male tenant Living In The Bsmt With Seperate Entrance who does not have a car. Tenants share the utilty bills with the basement tenant. More details
    Listed by FIRST CLASS REALTY INC.
    DARYL  KING
  • BSMT 1752 Pharmacy Avenue in Toronto: Tam O'Shanter-Sullivan House for lease (Toronto E05) : MLS®# E12323416

    BSMT 1752 Pharmacy Avenue Tam O'Shanter-Sullivan Toronto M1T 1H3
    Main Photo: BSMT 1752 Pharmacy Avenue in Toronto: Tam O'Shanter-Sullivan House for lease (Toronto E05)  : MLS®# E12323416
    $2,495
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12323416
    Bedrooms:
    2
    Bathrooms:
    1
    Bright and spacious 2-bedroom basement apartment with a private separate entrance and a thoughtfully designed layout that truly feels like home. Soaring 7' ceilings and large windows fill the open-concept living and dining area with natural light. The modern kitchen features stainless steel appliances, including a fridge, stove, built-in dishwasher, and double sink perfect for those who enjoy cooking or entertaining. The stylish bathroom offers a double-sink vanity and a sleek glass-enclosed shower. Enjoy the convenience of in-unit laundry with a front-load washer and dryer. Stay comfortable year-round with efficient radiant heating and sleek European-style radiators. Perfectly suited for young professionals, this unit is located in a vibrant and walkable neighbourhood with easy access to public transit, gyms, cafés, restaurants, and everyday essentials. Nearby parks and green spaces provide a great place to unwind or get active. Please note: Central AC is not available, but the unit stays naturally cool and comfortable throughout the summer. A fantastic place to live in a connected, amenity-rich location. More details
    Listed by ELEVATE REALTY INC.
    DARYL  KING
  • 2nd 133 Shanly Street in Toronto: Dovercourt-Wallace Emerson-Junction House for lease (Toronto W02) : MLS®# W12323440

    2nd 133 Shanly Street Dovercourt-Wallace Emerson-Junction Toronto M6H 1S8
    Main Photo: 2nd 133 Shanly Street in Toronto: Dovercourt-Wallace Emerson-Junction House for lease (Toronto W02)  : MLS®# W12323440
    $2,300
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12323440
    Bedrooms:
    1
    Bathrooms:
    1
    A dream home for young professionals in the prime Dovercourt location! This updated, stylish, and spacious 1-bedroom unit features an open-concept modern kitchen combined with a bright living room and a walk-out to a balcony overlooking a beautiful front yard perfect for relaxation and enjoyment. Conveniently located within walking distance to amenities, parks, schools, transit, and much more. An excellent opportunity not to be missed! More details
    Listed by HOMELIFE NEW WORLD REALTY INC.
    DARYL  KING
  • 51 Bayview Wood in Toronto: Bridle Path-Sunnybrook-York Mills House for lease (Toronto C12) : MLS®# C12323512

    51 Bayview Wood Bridle Path-Sunnybrook-York Mills Toronto M4N 1R9
    Main Photo: 51 Bayview Wood in Toronto: Bridle Path-Sunnybrook-York Mills House for lease (Toronto C12)  : MLS®# C12323512
    $9,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12323512
    Bedrooms:
    6
    Bathrooms:
    4
    Exclusive Private Cul-De-Sac Residence On Large 165X165 Lot W/Circular Driveway And Over 5000 S.F + Unfinished Bsmt. Bright & Spacious W/6 Bdrms. Large Inground Pool & Interlocking Patio. Circular Driveway With Double Car Garage Can Park 6 Cars. Steps To Sunnybrook Hospital & Park, York Glendon Campus, Short Drive To Midtown, Downtown, Golf, Shopping Etc. Close To Many Top Private Schools: Steps To T.F.S. Close To B.S.S, U.C.C., Crescent School, Havergal. More details
    Listed by HOMELIFE LANDMARK RH REALTY
    DARYL  KING
  • 61 Foxley Street in Toronto: Trinity-Bellwoods House for lease (Toronto C01) : MLS®# C12323603

    61 Foxley Street Trinity-Bellwoods Toronto M6J 1P9
    Main Photo: 61 Foxley Street in Toronto: Trinity-Bellwoods House for lease (Toronto C01)  : MLS®# C12323603
    $15,000
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12323603
    Bedrooms:
    5
    Bathrooms:
    5
    Executive Queen West residence available for lease. Also offered for sale, this fully renovated three-storey home is a rare opportunity to experience high-end living in one of Torontos most vibrant neighbourhoods. Tucked away on a quiet, one-way street, yet just steps from the city's best restaurants, nightlife, and amenities, the home offers a perfect balance of serenity and urban energy.Meticulously finished with premium materials and top-of-the-line appliances, the space exudes asense of calm and sophistication. The home is currently unfurnished, though a furnished option may be negotiated at a different rate. Featuring four beautifully appointed bedrooms above grade and four luxurious bathrooms, the layout is both functional and elegant. The expansive lower level boasts 93 ceilings, radiant heated floors, a fifth bedroom, fifth bathroom, and a walkout to the private fenced yard. Two upper-level decks offer breathtaking skyline views, ideal for relaxing or entertaining. A detached double garage adds convenience and value.Appliances and second-floor laundry are included. The property is also equipped with an alarm system and exterior cameras, with monitoring available at the tenants cost. Tenant is responsible for all utilities and internet. This is a refined, turnkey opportunity in the heart of Queen West. More details
    Listed by FOREST HILL REAL ESTATE INC.
    DARYL  KING
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Data was last updated August 6, 2025 at 04:15 AM (UTC)
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Why Choose an Affordable Home in Toronto

• Entry-level pricing in the heart of the GTA
• Located in emerging neighbourhoods with long-term growth
• Ideal for first-time buyers or investors
• Lower property taxes and maintenance costs
• Quick access to TTC, GO Transit, and essential amenities

Affordable Homes – What You’ll Find in Toronto

Toronto’s most affordable housing options may include resale condos, starter townhouses, and smaller detached or semi-detached homes featuring:

• 1 to 3 bedroom layouts with efficient floorplans
• Older homes with renovation potential
• Condo units in mid-rise or low-rise buildings with reasonable maintenance fees
• Proximity to transit, parks, schools, and shopping districts

Start Your Search for Affordable Homes in Toronto Today

Browse our updated listings of affordable homes in Toronto and let our experienced team help you book viewings, arrange financing, and navigate the market. We’re here to make your homeownership journey easier without breaking the bank.

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Each link provides updated listings and expert insights.

FAQs – Affordable Homes Toronto

1. What is considered an affordable home in Toronto?
Typically, homes under $700,000 are considered affordable by Toronto standards, though this can vary by property type and location.

2. Are there affordable detached homes in Toronto?
They are limited but possible—often in outer neighbourhoods or smaller footprints with renovation potential.

3. What areas in Toronto have affordable housing options?
Neighbourhoods like Scarborough, East York, Weston, and parts of North York often offer more affordable prices.

4. Can first-time buyers qualify for incentives on affordable homes?
Yes. Programs like the First-Time Home Buyer Incentive and Land Transfer Tax rebates can help reduce upfront costs.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.