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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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We have found a total of 2,929 listings, but only 1,500 are available for public display. Please refine your criteria, in order to narrow the total number of matching listings.
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  • 4 595 St Clair Avenue W in Toronto: Wychwood House for lease (Toronto C02) : MLS®# C12237275

    4 595 St Clair Avenue W Wychwood Toronto M6C 1A3
    Main Photo: 4 595 St Clair Avenue W in Toronto: Wychwood House for lease (Toronto C02) : MLS®# C12237275

    4 595 St Clair Avenue W Toronto M6C 1A3 Wychwood

    $1,745
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12237275
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 4 - 595 St. Clair Avenue West, a beautifully renovated one-bedroom apartment in the heart of Midtown Toronto. Located in an upgraded low-rise building with an attractive grey brick exterior, this unit boasts a sleek, modern aesthetic with stylish renovated finishes and high-quality modern appliances. Enjoy living just steps away from the lively St. Clair West strip, where you'll find trendy cafes, restaurants, and boutique shopping. The Wychwood Barns & Farmers Market is just a short stroll away, offering a charming community feel. With the streetcar at your doorstep and easy access to subway stations and bus routes, commuting downtown or across the city is effortless. The surrounding area is perfect for those who love convenience, with grocery stores and essential services within minutes. Plus, if you enjoy walking or cycling, the neighborhoods walkable streets and bike-friendly routes make it easy to explore. Heat and water are included in the rent. Laundry is available in the building and street parking is also available through the City if anyone needs it. Offsite parking is also available at another building that landlord owns two blocks away. Don't miss this opportunity to secure a modern, move-in-ready apartment in a fantastic location! More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • Bsmt 6172 Kingston Road in Toronto: Highland Creek House for lease (Toronto E10) : MLS®# E12237267

    Bsmt 6172 Kingston Road Highland Creek Toronto M1C 1K9
    Main Photo: Bsmt 6172 Kingston Road in Toronto: Highland Creek House for lease (Toronto E10) : MLS®# E12237267

    Bsmt 6172 Kingston Road Toronto M1C 1K9 Highland Creek

    $2,000
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12237267
    Bedrooms:
    2
    Bathrooms:
    1
    All Inclusive 2 Bedroom Basement Apt With Ensuite Laundry, One Parking And 2 Entrances To Basement. Cable & Internet Are Not Included. Laminate Flooring In Laundry And Bedrooms. Steps To Ttc, Minutes To Hwy 401, Parks And Uoft Campus. More details
    Listed by CENTURY 21 PERCY FULTON LTD.
    LISTING DETAILS
    DARYL KING

  • 20 Appletree Court in Toronto: Downsview-Roding-CFB House for lease (Toronto W05) : MLS®# W12237314

    20 Appletree Court Downsview-Roding-CFB Toronto M3M 2T8

    20 Appletree Court Toronto M3M 2T8 Downsview-Roding-CFB

    $2,975
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12237314
    Bedrooms:
    4
    Bathrooms:
    1
    Be the first to live in this completely renovated, never-before-occupied 4-bedroom basement apartment located on a quiet court in the heart of the Downsview-Roding community. Situated on Appletree Court near Keele and the 401, this bright and spacious unit offers a modern open-concept layout, a brand-new kitchen with sleek cabinetry, stylish finishes throughout, and a contemporary bathroom. Enjoy the convenience of one dedicated parking space on the driveway and shared use of a fully fenced backyard. Steps to TTC, Highway 401, schools, shopping, parks, and all essential amenities, this location is ideal for families, professionals, or students seeking a clean, comfortable, and well-connected place to call home. More details
    Listed by CENTURY 21 TITANS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 319 Clinton Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12237343

    319 Clinton Street Palmerston-Little Italy Toronto M6G 2Y7
    Main Photo: 319 Clinton Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12237343

    319 Clinton Street Toronto M6G 2Y7 Palmerston-Little Italy

    $2,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12237343
    Bedrooms:
    2
    Bathrooms:
    1
    Beautifully Renovated 2-Bedroom 1-Bathroom Upper Unit in the Heart of Little Italy! Featuring a modern kitchen with stainless steel appliances, this bright and comfortable space is perfect for living. Situated on a picturesque, tree-lined street filled with stunning architecture in a vibrant, family-friendly neighborhood. Enjoy unbeatable access to everything the city has to offer: just steps to College Street, TTC, U of T, parks, schools, bike lanes, restaurants, cafes, shopping, and more! Shared laundry on the main floor. Tenants pay one-third of the utilities. Street parking available via City permit. More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 21 Jardine Place in Toronto: Willowridge-Martingrove-Richview House for lease (Toronto W09) : MLS®# W12237445

    21 Jardine Place Willowridge-Martingrove-Richview Toronto M9R 2B8
    Main Photo: 21 Jardine Place in Toronto: Willowridge-Martingrove-Richview House for lease (Toronto W09) : MLS®# W12237445

    21 Jardine Place Toronto M9R 2B8 Willowridge-Martingrove-Richview

    $4,200
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12237445
    Bedrooms:
    5
    Bathrooms:
    2
    Welcome To 21 Jardine Place! This 3 Bedroom Bungalow Is Situated On A Premium 50 X 150 Lot, Featuring 3 Large-Sized Bedrooms, Separate Side Entrance To A Finished Basement With 2 Extra Bedrooms, A Large Rec Area, Space For A 2nd Kitchen And A Full Workshop! Very Quiet Area, Located In A Great Family Neighbourhood With Many Schools Nearby, Perfect For Families!. Large Backyard With Mature Trees Offers Plenty Of Privacy! Conveniently Located Nearby To Parks & Walking Trails, Ttc & Shopping & A Great Bakery! More details
    Listed by THE DIAMOND REALTY INC.
    LISTING DETAILS
    DARYL KING

  • Main Floor 91 St. John's Road in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12234309

    Main Floor 91 St. John's Road Junction Area Toronto M6P 1V1
    Main Photo: Main Floor 91 St. John's Road in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12234309

    Main Floor 91 St. John's Road Toronto M6P 1V1 Junction Area

    $2,400
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12234309
    Bedrooms:
    1
    Bathrooms:
    1
    Lease A One Bedroom Main Floor Apartment In A Century Home In The Heart Of The Junction. Heat, Hydro, Air Con, 1 Parking and Shared Laundry Included in Lease. Very Clean, Bright and FreshlyPainted. Close To All Amenities, Restaurants On Dundas St And Junction Stockyards Plaza. 15 Mins To Subway And High Park. A Must See! Barn Door To Bedroom Will Be Installed Before Occupancy. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • Basement 91 St. John's Road in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12234312

    Basement 91 St. John's Road Junction Area Toronto M6P 1V1
    Main Photo: Basement 91 St. John's Road in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12234312

    Basement 91 St. John's Road Toronto M6P 1V1 Junction Area

    $1,600
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12234312
    Bedrooms:
    1
    Bathrooms:
    1
    Lease A One Bedroom Basement Apartment In A Century Home In The Heart Of The Junction. Heat, Hydro, Air Con, 1 Parking and Shared Laundry Included in Lease. Very Clean, Bright and Freshly Painted. Close To All Amenities, Restaurants On Dundas St And Junction Stockyards Plaza. 15 Mins To Subway And High Park. A Must See!l More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 191 Locksley Avenue in Toronto: Briar Hill-Belgravia House for lease (Toronto W04) : MLS®# W12234332

    191 Locksley Avenue Briar Hill-Belgravia Toronto M6B 3N8
    Main Photo: 191 Locksley Avenue in Toronto: Briar Hill-Belgravia House for lease (Toronto W04) : MLS®# W12234332

    191 Locksley Avenue Toronto M6B 3N8 Briar Hill-Belgravia

    $3,200
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12234332
    Bedrooms:
    3
    Bathrooms:
    2
    Gorgeous, Updated, And Beautifully Maintained Home In A High Demand Area! Great Curb Appeal. Very Bright With Lots Of Natural Light. Open Concept Design On Main Floor With Beautiful Hardwood Floors, Large Windows, Potlights, Gas Fireplace, Spacious Modern Kitchen W/ Stainless Steel Appliances, Undermount Lighting, And Walkout To Yard. The Summer Weather! Great Location, Minutes To All Needs Including Subway, Bus, Future Eglinton Lrt, Highway, Shopping, Schools, Restaurants, Parks And More! More details
    Listed by HC REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 160 Donegall Drive in Toronto: Leaside House for lease (Toronto C11) : MLS®# C12234367

    160 Donegall Drive Leaside Toronto M4G 3H2
    Main Photo: 160 Donegall Drive in Toronto: Leaside House for lease (Toronto C11) : MLS®# C12234367

    160 Donegall Drive Toronto M4G 3H2 Leaside

    $7,390
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12234367
    Bedrooms:
    4
    Bathrooms:
    3
    Ideally located adjacent to Howard Talbot Park, this beautifully renovated residence offers exceptional curb appeal and thoughtful design throughout. The inviting front foyer with a closet leads into a spacious living room featuring gleaming hardwood floors, a contemporary gas fireplace, and an expansive bay window with serene park views. The elegant dining room seamlessly connects the living, family, and kitchen areas, creating a perfect flow for entertaining. A built-in modern media unit, HDTV, gas fireplace, and immersive sound system elevate the experience.Upstairs, the second level showcases a generously sized primary suite with a stylish 3-piece bathroom, accompanied by two additional well-proportioned bedrooms. The fully finished lower level impresses with a state-of-the-art 3D projector, a dazzling starlight ceiling, a full bathroom, ample storage, and a custom-designed wine cellar-an entertainers dream. More details
    Listed by KOCH REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 43 Hearthstone Crescent in Toronto: Westminster-Branson House for lease (Toronto C07) : MLS®# C12234374

    43 Hearthstone Crescent Westminster-Branson Toronto M2R 1G2
    Main Photo: 43 Hearthstone Crescent in Toronto: Westminster-Branson House for lease (Toronto C07) : MLS®# C12234374

    43 Hearthstone Crescent Toronto M2R 1G2 Westminster-Branson

    $1,900
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12234374
    Bedrooms:
    2
    Bathrooms:
    1
    Bright and spacious 2-bedroom basement apartment available in the highly sought-after Bathurst Manor neighborhood. This clean, well-maintained lower-level unit features high ceilings, large above-grade windows that fill the space with natural light, and a generous open-concept living and dining area. The unit has a private separate entrance for added privacy and convenience. Enjoy the ease of fully furnished living, with all essential furniture included as shown in the photos. En-suite laundry will be installed prior to occupancy. One parking space is included. Ideal for quiet, respectful tenants looking for comfort in a peaceful setting. Located on a quiet, residential street surrounded by mature trees, this home is steps to parks, schools, TTC, and places of worship, with quick access to York University and Hwy 401. Heat and water included. Tenant pays 1/3 of electricity (hydro), plus internet and tenant insurance. Don't miss the chance to live in a welcoming, family-friendly neighbourhood with space, charm, and all the essentials close by. More details
    Listed by BREWING BROKERS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 53 Fifeshire Road in Toronto: St. Andrew-Windfields House for lease (Toronto C12) : MLS®# C12234493

    53 Fifeshire Road St. Andrew-Windfields Toronto M2L 2G7
    Main Photo: 53 Fifeshire Road in Toronto: St. Andrew-Windfields House for lease (Toronto C12) : MLS®# C12234493

    53 Fifeshire Road Toronto M2L 2G7 St. Andrew-Windfields

    $9,200
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12234493
    Bedrooms:
    6
    Bathrooms:
    6
    Modern updated and freshly painted family home . One Of The Most Sought-After Roads In The Prestigious St. Andrews Wind fields Area. Laid With Gorgeous Hardwood Floors, Lots Of Potlights And Plenty Of Natural Light . Surrounded by luxurious custom homes, this spacious residence offers a blend of elegant and comfort living. The main floor features a modern living room, a spacious dining room, an expansive family room, a gourmet eat-in kitchen, a charming library with a cozy fireplace, and walkouts to a large backyard with beautiful landscapes, perfect for both entertaining and relaxation. The second floor boasts four generous size bedrooms, with Three en-suite bathroom. The lower level offers additional living space with spacious rooms for recreation, with small kitchen, and One extra bedroom. Second Flr Master Bedroom W/ Fireplace. More details
    Listed by HOMELIFE NEW WORLD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1 390 College Street in Toronto: University House for lease (Toronto C01) : MLS®# C12234587

    1 390 College Street University Toronto M5T 1S7
    Main Photo: 1 390 College Street in Toronto: University House for lease (Toronto C01) : MLS®# C12234587

    1 390 College Street Toronto M5T 1S7 University

    $2,100
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12234587
    Bathrooms:
    1
    This charming & character-filled downtown Toronto unit is a student's dream, perfect for a young person seeking the ultimate live-study-play lifestyle in the heart of the city! Located right on bustling College St, just east of Bathurst, this unique space offers unbeatable access to the city's vibrant core, w/streetcar service directly in front of the building making every corner of Toronto easily accessible. Situated above a tattoo shop, this unit boasts personality & urban flair, placing you steps away from trendy cafes, diverse restaurants, eclectic shops, & lively entertainment options that reflect the city's cultural energy. It's not quite a bachelor unit thanks to a dedicated living room offering a separate space to relax or entertain. The open-concept kitchen/dining/bedroom combo creates a functional layout that maximizes every square foot, ideal for both solo living & quiet study sessions. The kitchen is efficient & flows seamlessly into the rest of the living space, making day-to-day life easy & organized. The 4-pc bathroom features a convenient tub/shower combo, offering the comforts of home in a compact design. Say goodbye to carpet w/this unit featuring easy-to-clean flooring throughout, adding to its low-maintenance appeal. Just a few blocks to the southwest is Trinity Bellwoods Park, the perfect spot for morning jogs, study breaks, or weekend hangouts under the sun. The University of Toronto is close by, offering students or young professionals fast commute whether walking, biking, or hopping on transit. The units location ensures you're always connected, whether you're heading to class, a café, or a cultural event downtown. If you're seeking a cozy, centrally located rental w/incredible city access, undeniable character, & proximity to some of Toronto's most beloved landmarks, this is your spot. Live in the middle of it all while enjoying the convenience this one-of-a-kind space offers. More details
    Listed by CRESCENT REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated June 21, 2025 at 03:15 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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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.

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