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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19 Teddington Park Avenue

Lawrence Park North Toronto M4N 2C4

$2,200

Residential Freehold beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

For Lease

Prop. Type:

Residential Freehold

MLS® Num:

C12450905

Bedrooms:

1

Bathrooms:

1

• Photos (8)

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Beautifully Renovated Basement Apartment in a Prestigious Neighbourhood! This stunning lower-level suite is located in one of the citys most exclusive areas, within a grand and elegant home. The basement features two completely separate, self-contained units ideal for tenants. This unit has been fully renovated from top to bottom with a focus on comfort and modern living. Youll find heated floors throughout, bright open layouts, contemporary kitchens with quality finishes, and spa-inspired bathrooms. A shared laundry area provides convenience while maintaining privacy for both suites. Each unit has been designed to offer a sleek, move-in-ready space in a truly sophisticated setting. Enjoy living in a quiet, upscale neighbourhood surrounded by beautiful homes, close to public transit subway station and buses, parks, and all essential amenities.

General Info:

Lease Term:

Short Term Lease

Lease Agreement:

Yes

Property Portion Lease:

Other

Payment Frequency:

Monthly

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Other

Total Approx Floor Area:

3500-5000

Lot Depth:

180'54.9 m

Lot Frontage:

50'15.2 m

Lot Shape:

Rectangular

Direction Faces:

South

Bedrooms:

1

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Other

Roof:

Other

Basement:

Finished with Walk-Out, Separate Entrance

Fireplace/Stove:

No

Garage:

Detached

Garage Spaces:

1.0

Parking Features:

Available

Parking Spaces:

1

Total Parking Spaces:

1.0

Family Room:

Yes

Possession Details:

TBA

Lot Irregularities:

Regular

Pool:

None

Link:

No

Financial Info:

Payment Method:

Cheque

Security Deposit Required:

Yes

References Required:

Yes

Rental Application Required:

Yes

Credit Check:

Yes

Employment Letter:

Yes

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C04

Listing Sub-Area:

Lawrence Park North

Property Features / Area Influences:

Public Transit

Interior Features:

None

Inclusions:

Utilities, WiFi and one parking is included in the rent.

Exclusions:

TV

Exterior Finish:

Stucco (Plaster)

Private Entrance:

Yes

Buy option:

No

Other Details:

Special Designation:

Unknown

Furnished:

Furnished

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Ensuite Laundry:

No

Laundry Access:

Common Area

Listing Info:

Date Listed:

Oct 08, 2025

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE SIGNATURE REALTY

Data was last updated October 8, 2025 at 10:15 PM (UTC)

Area Statistics

Listings on market:

32

Avg list price:

$2,843,000

Min list price:

$1,239,000

Max list price:

$12,350,000

Avg days on market:

22

Min days on market:

1

Max days on market:

446

These statistics are generated based on the current listing's property type and located in Lawrence Park North. 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.