Bsmt 260 Centennial Road in Toronto: Centennial Scarborough House for lease (Toronto E10) : MLS®# E12266392
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.
Bright and spacious 1-bedroom basement apartment available in the highly sought-after Centennial Road and Lawson Road neighbourhood. This unit is ideal for one person, a student, or a couple looking for a comfortable and convenient space. The apartment features a large living and dining area, perfect for relaxing or working from home. The full-size kitchen is equipped with a fridge, stove, microwave, stainless steel sink, and plenty of cabinet space, including a pantry closet for extra storage. Recently updated with modern laminate flooring, this unit offers a fresh, clean look, and the above-grade windows and pot lights create a bright and welcoming atmosphere throughout. The tenant will enjoy the privacy of a separate side entrance, while the laundry area is shared with the main floor tenant. For those who drive, the driveway can accommodate one small car for the basement tenant if needed. The location is incredibly convenient directly across from Centennial Road Junior Public School and Centennial Park, making it a perfect fit for someone who values community and green space. Its just a short drive to the University of Toronto Scarborough campus, Centennial College, Rouge Hill GO Station, and Highway 401. Public transit is steps away, with the TTC easily accessible, and nearby amenities include No Frills, Metro, banks, shops, restaurants, and more. This is a family-friendly neighbourhood with a great community feel. The landlord is seeking a smoke-free and pet-free tenant to maintain the home environment. The tenant will be responsible for 50% of the monthly utilities, approximately $200 per month for heat, water, and electricity (based on a maximum of two people or one person working from home). This is a fantastic opportunity to live in a clean, well-maintained space in a great location!
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Basement
Payment Frequency:
Monthly
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
< 700
Direction Faces:
West
Bedrooms:
1
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
Link:
No
Payment Method:
Cheque
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- /
-
Toronto E10
Centennial Scarborough
Toronto
Carpet Free
Kitchen is equipped with fridge, stove, hood fan, microwave & stainless steel sink. Plenty of Cabinetry, Kitchen Backsplash & Above Grade Windows! Bedroom has a closet & plenty of storage space. Shared washer & dryer with main floor tenant.
Data was last updated July 23, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,588,800
Min list price:
$898,999
Max list price:
$2,350,000
Avg days on market:
39
Min days on market:
5
Max days on market:
280
These statistics are generated based on the current listing's property type
and located in
Centennial Scarborough. Average values are
derived using median calculations. This data is not produced by the MLS® system.
• 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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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.