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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54 A Trueman Avenue in Toronto: Islington-City Centre West House for lease (Toronto W08) : MLS®# W12959878
54 A Trueman Avenue Toronto M8Z 5A2 
$7,500Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12959878
- Bedrooms:
- 4
- Bathrooms:
- 5
Modern executive residence in the heart of South Etobicoke, offering contemporary design and exceptional convenience. This four-bedroom, five-bathroom home combines luxury and practicality with easy access to highways, the airport, shopping, and downtown Toronto.The custom chef's kitchen is a highlight, featuring Bosch stainless steel appliances, a spacious centre island, and sleek finishes ideal for both everyday living and entertaining. The primary suite provides a private retreat with a generous walk-in closet and a spa-inspired ensuite. A conveniently located upper-level laundry room adds everyday ease.Outdoor living is equally refined, with a natural gas BBQ hookup perfect for weekend gatherings. The lower level includes a stylish recreation area and flexible space suitable for a home gym, office, or guest room.Situated within a desirable school catchment area, this immaculate home is move-in ready. Tenants are responsible for utilities, snow removal, and landscaping. More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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122 Six Point Road in Toronto: Islington-City Centre West House for lease (Toronto W08) : MLS®# W12960914
122 Six Point Road Toronto M8Z 0A1
$3,950Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12960914
- Bedrooms:
- 4
- Bathrooms:
- 3
Available May 1, 2026-Corner Unit (practically a semi) flooded with sunlight due to its location and large thermal windows hardwood floors on main floor, new carpet to be installed for the new tenant for rest of the house, 3 luxury baths, convenient 2 storey with two full baths and 3 bedrooms all on same floor, spacious double garage (tandem), all 6 appliances included in rental. Property in move in condition. Walk to Islington subway, Norseman elementary school and community pool, great area for children or just carefree living with cafes and restaurants across the property. More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Main Floor 351 Blackthorn Avenue in Toronto: Keelesdale-Eglinton West House for lease (Toronto W03) : MLS®# W12960910
Main Floor 351 Blackthorn Avenue Toronto M6M 3B8 $2,900Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12960910
- Bedrooms:
- 3
- Bathrooms:
- 2
Beautiful Newly Built 3-Bedroom Apartment with Modern, High-Quality Finishes Stunning three-bedroom apartment featuring a bright and spacious main level with a brand-new modern kitchen, stainless steel appliances, quartz countertops, and an open-concept layout overlooking the dining and living areas. High ceilings, pot lights, and a walkout to the yard create an inviting and functional space. The main level also includes a generous primary bedroom with a large double closet and a stylish 3-piece ensuite. Elegant glass railings lead to the lower level, where you'll find two large bedrooms and a modern 4-piece bathroom. The entire lower level is equipped with heated floors, offering exceptional comfort and nearly 8-foot ceilings, making it a warm and welcoming extension of the home. Conveniently located close to all amenities. More detailsListed by RE/MAX ULTIMATE REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Upper 533 Danforth Road in Toronto: Clairlea-Birchmount House for lease (Toronto E04) : MLS®# E12961024
Upper 533 Danforth Road Toronto M1K 1C9 $2,100Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12961024
- Bedrooms:
- 2
- Bathrooms:
- 2
2-bedroom, 2-bathroom apartment offering a bright and functional open-concept layout. This beautifully maintained 4-year-old unit is clean as a whistle and features hardwood flooring throughout, complemented by modern stainless steel appliances in the kitchen and ensuite laundry. Enjoy a seamless flow between living, dining, and kitchen spaces, perfect for both everyday living and entertaining. Includes 1 parking space for added convenience. Ideally located close to parks, library, schools, and everyday amenities, making this a fantastic opportunity for comfortable and convenient living. More detailsListed by RE/MAX CROSSROADS REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Unit 11 678 Queen Street E in Toronto: South Riverdale House for lease (Toronto E01) : MLS®# E12960974
Unit 11 678 Queen Street E Toronto M4M 1G8
$1,900Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12960974
- Bedrooms:
- 1
- Bathrooms:
- 1
Spacious 1-Bedroom, 1-Bathroom Apartment Filled With Natural Light, Ideally Located In The Heart Of Riverdale At Queen & Broadview. Recently Renovated, This Bright And Functional Suite Features Ensuite Laundry With Full-Size Washer & Dryer And A Modern 4-Piece Bathroom. Enjoy The Convenience Of Being Steps To TTC, Trendy Shops, Cafés, Bars, And Restaurants Along Vibrant Queen Street. Just Minutes To The Subway, DVP, And Gardiner Expressway, Offering Easy Access Across The City. A Perfect Blend Of Comfort, Style, And Unbeatable Location. More detailsListed by BAY STREET INTEGRITY REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Lower 67 Brunswick Avenue in Toronto: University House for lease (Toronto C01) : MLS®# C12960864
Lower 67 Brunswick Avenue Toronto M5S 2L8
$2,080Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12960864
- Bedrooms:
- 1
- Bathrooms:
- 1
Hardwood Laminate Throughout. Newer Designer Kitchen And Bathroom. Shared Laundry.Utilities Included. Quiet Building. Great Annex Location. Minutes To College And TTC. Close To U Of T. Private Entrance from Side of house More detailsListed by FOREST HILL REAL ESTATE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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608 88 Wellesley Street E in Toronto: Church-Yonge Corridor House for lease (Toronto C08) : MLS®# C12960782
608 88 Wellesley Street E Toronto M4Y 1H4
$2,695Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12960782
- Bedrooms:
- 2
- Bathrooms:
- 1
Welcome to this spacious and well-appointed 2-bedroom, 1-bathroom unit at 88 Wellesley St E, offering approximately 900 square feet of comfortable downtown living.This bright and functional layout is perfect for young professionals, featuring a generously sized living area, large bedrooms, and an updated kitchen designed for both everyday living and entertaining.Located in the heart of Toronto, you're just steps from Wellesley Subway Station and a short walk to College Station, making commuting across the city quick and convenient. Toronto Metropolitan University (TMU) is within walking distance or just one subway stop away, making this an ideal option for students and professionals alike.Enjoy everything downtown living has to offer right at your doorstep-cafes, restaurants, grocery stores, gyms, and nightlife are all within walking distance. You're also close to Yorkville, Queen's Park, and multiple green spaces, offering a great balance of city life and outdoor access.A fantastic opportunity to live in a vibrant, central location with unbeatable convenience. More detailsListed by WESTON REALTY PARTNERS- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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2 67 Brunswick Avenue in Toronto: University House for lease (Toronto C01) : MLS®# C12960762
2 67 Brunswick Avenue Toronto M5S 2L8
$2,100Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12960762
- Bedrooms:
- 1
- Bathrooms:
- 1
Victorian Splendar In The Annex. Spacious 1 Bedroom. Brand New Kitchen. Soaring Ceilings. New Hardwood Laminate Floors throughout. Bright Space. Quiet Building. Heat, Hydro And (Shared) Laundry Included In Rent. Great location. Minutes From College Street, T.T.C. and U of T. Walk to Kensington Market which is full of shops and restaurants! **EXTRAS** Stainless Steel Fridge, Stove. Use Of Shared Backyard For Barbecuing. Street Permit Parking Available. More detailsListed by FOREST HILL REAL ESTATE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Upper 118 Bogert Avenue in Toronto: Lansing-Westgate House for lease (Toronto C07) : MLS®# C12960756
Upper 118 Bogert Avenue Toronto M2N 1K8
$2,999Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12960756
- Bedrooms:
- 1
- Bathrooms:
- 2
If you've been looking for a place that feels a little more like home - and a little less like a typical rental - this bright, two-level main / upper suite near Yonge & Sheppard might be exactly it. Set inside a recently upgraded freehold home, this 1-bedroom, 2-bathroom apartment gives you space to actually live, not just sleep. The main level is open and airy, with plenty of room to host friends, set up a proper dining area, or just stretch out after a long day in front of the wood burning fireplace. Clean laminate floors, recessed lighting, and built-in storage keep everything feeling modern and uncluttered.The kitchen is a standout - white quartz counters, stainless steel appliances, marble floors, and a cozy breakfast nook that's perfect for slow mornings with coffee. It opens right onto your own private deck, where you can unwind, BBQ, or enjoy a bit of green space under mature trees - something that's hard to come by in the city. There's also a convenient powder room on the main floor. Upstairs, your bedroom feels like a true retreat, with triple mirrored closets and a refreshed 4-piece ensuite. It's quiet, private, and nicely separated from the main living space - ideal for working professionals or couples who want that balance between home and work life. And the location makes everything easy. Located just a short walk to Sheppard Station, with quick access to downtown, an easy drive to the 401, plus parks, cafes and restaurants on Yonge, and everyday essentials all close by. It's the kind of space that lets you settle in, spread out, and actually enjoy being home. The unit includes one front pad parking spot and exclusive use of the back yard! More detailsListed by ROYAL LEPAGE/J & D DIVISION- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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48 Lionel Heights Crescent in Toronto: Parkwoods-Donalda House for lease (Toronto C13) : MLS®# C12960718
48 Lionel Heights Crescent Toronto M3A 1M1
$3,500Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12960718
- Bedrooms:
- 4
- Bathrooms:
- 2
Split 4 bedroom Home On A Quiet Street in Parkwoods Village. New paint, New Floorings throughout. Large Rooms And Plenty Of Storage. Playgrounds, Play Tennis, Community Center: All In Walking Distance. Fantastic Neighbourhood: Express Buss To Downtown, Many Schools, Churches, Parks, Outdoor Hockey Ring, Shops, Baseball Diamond, Ttc. More detailsListed by REAL ONE REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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30 Bowie Avenue in Toronto: Briar Hill-Belgravia House for lease (Toronto W04) : MLS®# W12960624
30 Bowie Avenue Toronto M6E 2P1
$1,999Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12960624
- Bedrooms:
- 1
- Bathrooms:
- 1
Fully furnished 1-bedroom, 1-bathroom unit at 30 Bowie Avenue. Includes 1 parking space; utilities extra.Conveniently located near Dufferin & Eglinton, just a 2-minute walk to the subway, with easy access to shops, restaurants, and everyday amenities.. Available May 1st, with the option for earlier occupancy. More detailsListed by REALTY ONE GROUP FLAGSHIP- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Upper 1038 Dovercourt Road in Toronto: Dovercourt-Wallace Emerson-Junction House for lease (Toronto W02) : MLS®# W12960500
Upper 1038 Dovercourt Road Toronto M6H 2X8
$2,000Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12960500
- Bedrooms:
- 2
- Bathrooms:
- 1
Spacious 2-Bedroom, 1 Bathroom in the heart of Dovercourt Village! this charming upper-floor suite featuring a modern eat-in kitchen and a cozy family room with a mix of classic hardwood and sleek laminate flooring. The expansive primary bedroom boasts a lovely bay window and ample space for a king-sized bed plus a workstation. The versatile second bedroom is perfect for a quiet home office or creative studio. Unbeatable location! Steps to the TTC (Bus & Subway), and the vibrant restaurant/brewery scene on Geary Ave & Dupont. Close to Christie Pits, Wallace Emerson Park, and top-tier schools. Ideal for professional singles or couples. Tenant pays 50% of utilities. Non-smoking. More detailsListed by FABIANO REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated April 6, 2026 at 05:15 PM (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.