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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1 87 Medland Crescent

High Park North Toronto M6P 2N3

$1,850

Residential Freehold beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

For Lease

Prop. Type:

Residential Freehold

MLS® Num:

W12954478

Bedrooms:

1

Bathrooms:

1

• Photos (8)

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Charming one-bedroom, furnished, all-inclusive available now for $1850.00Welcome to a delightful retreat nestled on a serene side street near High Park. This prime location offers the perfect blend of tranquillity and convenience, with Keele or High Park subway stations just a short stroll away. Explore the vibrant Bloor West Village or Junction for all your shopping and dining needs, all within walking distance.For the outdoor enthusiast, High Park, Keele Community Centre, and the LA Fitness provide endless opportunities for walking, jogging, swimming, biking, and even visiting the zoo or catching a play at the Shakespeare Theatre.This cozy second-floor one-bedroom apartment features a charming kitchen and beautiful hardwood floors, facing West to watch the sunset from a huge balcony. Enjoy the convenience of basement laundry (no coins required), and the comfort of living in a quiet, non-smoking household. Currently furnished but can come unfurnished. Available for immediate occupancy.

General Info:

Lease Term:

12 Months

Lease Agreement:

Yes

Property Portion Lease:

2nd Floor, Other

Payment Frequency:

Monthly

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

2 1/2 Storey

Total Approx Floor Area:

700-1100

Direction Faces:

East

Bedrooms:

1

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

3

Portion Lease Comment:

Unit 1

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Unknown

Roof:

Unknown

Basement:

Other

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Street Only

Parking Spaces:

0

Total Parking Spaces:

0.0

Family Room:

No

Possession Details:

Immediate

Pool:

None

Link:

No

Financial Info:

Security Deposit Required:

Yes

References Required:

Yes

Rental Application Required:

Yes

Credit Check:

Yes

Employment Letter:

Yes

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W02

Listing Sub-Area:

High Park North

Interior Features:

Other

Inclusions:

Fridge, Stove, Microwave

Exterior Finish:

Brick

Private Entrance:

No

Buy option:

No

Other Details:

Special Designation:

Unknown

Furnished:

Furnished

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Shared, In Basement

Listing Info:

Date Listed:

Apr 03, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX WEST REALTY INC.

Data was last updated April 3, 2026 at 10:15 PM (UTC)

Area Statistics

Listings on market:

42

Avg list price:

$1,711,500

Min list price:

$799,000

Max list price:

$10,399,000

Avg days on market:

31

Min days on market:

1

Max days on market:

518

These statistics are generated based on the current listing's property type and located in Toronto W02. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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.