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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BSMT 49 McGregor Road
Dorset Park Toronto M1P 1C9

$1,999
Residential Freehold beds: 2 baths: 2.0

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Listed by BESPOKE REALTY INC.
Data was last updated April 3, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$840,000
Min list price:
$749,888
Max list price:
$1,197,900
Avg days on market:
11
Min days on market:
1
Max days on market:
52
These statistics are generated based on the current listing's property type and located in Dorset Park. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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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.

Explore More GTA Homes:

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.