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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560 Crawford Street in Toronto: Palmerston-Little Italy House for lease (Toronto C01) : MLS®# C12395860
560 Crawford Street Toronto M6G 3J8 
$5,200Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12395860
- Bedrooms:
- 5
- Bathrooms:
- 2
Welcome to this carefully preserved, all-brick three-storey Victorian family home nestled in the heart of the coveted PalmerstonLittle Italy neighbourhood. Situated within the sought-after Montrose Public School district (just a 5-minute walk), this charming residence combines timeless character with modern convenience. Offering 5 bedrooms and 2 bathrooms, the home is designed with distinct yet connected living spaces, creating both comfort and flow. The bright kitchen opens directly onto a spacious deck overlooking a private backyard oasis shaded by a lush wisteria-draped trellis and a stately mature maple. With access to a quiet, dead-end laneway, its the perfect spot for kids to safely learn to bike or enjoy outdoor play.The location is unbeatable: 5 minutes to vibrant Little Italy (College Street); 7 minutes to Koreatown and Bloorcourt (Bloor Street); Excellent transit & bike access; Ossington and Christie stations under 10 minutes on foot; 94 Harbord/Wellesley bus and 506 College streetcar just steps away; 15 minutes by bike or transit to the University of Torontos St. George Campus More detailsListed by RIGHT AT HOME REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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2nd Floor 109 Neville Park Boulevard in Toronto: The Beaches House for lease (Toronto E02) : MLS®# E12395857
2nd Floor 109 Neville Park Boulevard Toronto M4E 3P7
$3,400Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12395857
- Bedrooms:
- 3
- Bathrooms:
- 1
Updated contemporary 3-bedroom suite located on the top floor of a legal duplex in the highly sought after The Beach neighbourhood. This bright modern and stylish unit features wide plank hardwood flooring, pot lights throughout with a modern white kitchen with granite countertops and stainless steel appliances. The spacious primary bedroom includes a large closet with built-in organizers plus two additional bedrooms with standard closets. Enjoy the convenience of a full-size ensuite washer & dryer, plus one parking space at rear of property. This suite has ample indoor/outdoor living space which includes an enclosed rear porch and a large private deck overlooking the lush ravine backing lot. Steps to Queen Street, one block from the shores of Lake Ontario, parks, bars, restaurants and the boardwalk, this is true Beach living! This property is located in a prime school district. More detailsListed by PSR- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Main Fl 109 Neville Park Boulevard in Toronto: The Beaches House for lease (Toronto E02) : MLS®# E12395870
Main Fl 109 Neville Park Boulevard Toronto M4E 3P7
$3,200Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12395870
- Bedrooms:
- 2
- Bathrooms:
- 1
Welcome to this beautifully updated, contemporary 2 bedroom main floor suite in a legal duplex, ideally located in the heart of The Beach, one of Torontos most coveted neighbourhoods. Located only one block from the shores of Lake Ontario. This thoughtfully designed home features hardwood floors throughout, modern pot lights, and a stylish bathroom with an oversized walk-in shower. The bright, white kitchen is a chefs dream, complete with granite countertops, stainless steel appliances, and a walkout to an enclosed rear porch that opens onto a spacious lower deck, perfect for entertaining or relaxing in a private backyard setting that backs onto a tranquil ravine. Enjoy the convenience of your own full size, stacked washer and dryer, while the primary bedroom offers generous storage closet with organizers. One-car parking is included at the rear of the property. A true urban oasis, just steps to the lake, boardwalk, vibrant shops, cafés, bars, restaurants, and public transit. Located in a highly regarded school district, this is Beach living at its best. More detailsListed by PSR- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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337 Hollyberry Trail in Toronto: Hillcrest Village House for lease (Toronto C15) : MLS®# C12395949
337 Hollyberry Trail Toronto M2H 2P5
$3,500Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12395949
- Bedrooms:
- 4
- Bathrooms:
- 3
Bright And Cozy 4 Bedrooms 3 Bathrooms Home In Highly Sought After North York Location! Safe And Mature Neighborhood. 420Sf ADDITION With Three Pc Bath And Skylight. Lots Of Upgrades. Hardwood Floor Throughout! Renovated Kitchen With S/S Appliance And Granite Counter Top. Three Full Upgraded Bathrooms. Three Car Driveway. Best School Area: Arbor Glen Ps, Highland Jh, A.Y. Jackson Ss. Easy Access To Hwy404 And 401. Close To Restaurants, Shopping Area And Ttc. More detailsListed by RIGHT AT HOME REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Main 30 Yorkshire Road in Toronto: Ionview House for lease (Toronto E04) : MLS®# E12395942
Main 30 Yorkshire Road Toronto M1K 3B6
$2,600Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12395942
- Bedrooms:
- 3
- Bathrooms:
- 1
Stunning 3 Bedroom Bungalow For Lease In The Family Quiet Community Of Ionview. Modern Kitchen With Quartz Counter Top; Hardwood Floor. Close To all amenities, Transit, Shopping, Supermarket, Restaurants, Parks, School, Grocery Stores and Worship! Min From Kennedy Station, Scarborough Town Center., Community Center. More detailsListed by SMART SOLD REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Main 1087 GERRARD Street E in Toronto: South Riverdale House for lease (Toronto E01) : MLS®# E12395954
Main 1087 GERRARD Street E Toronto M4M 1Z9
$2,990Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12395954
- Bedrooms:
- 3
- Bathrooms:
- 2
Move in immediately to this brand-new renovated and spacious 3-bedroom, 2-bath home. Each bedroom comes with a window and closet. The living room features smooth ceilings with plenty of pot lights, while the kitchen and living areas are finished with modern tile flooring. Large windows throughout fill the space with natural light. Conveniently located at Gerrard and Jones, close to East Chinatown, public library, public transit, great schools, grocery stores, and community centre, with easy access to the DVP and Gardiner. Utilities are included. Perfect for family, young professionals or students. More detailsListed by UNION CAPITAL REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Laneway 104 Pembroke Street in Toronto: Moss Park House for lease (Toronto C08) : MLS®# C12393091
Laneway 104 Pembroke Street Toronto M5A 2N8
$4,800Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12393091
- Bedrooms:
- 4
- Bathrooms:
- 4
Newly Built, Spacious & Bright Laneway Home In The Heart Of Downtown Toronto Offers Luxury, Urban Living In A Quiet Setting. This Brand New Home Boasts Plenty Of Living Space, Large Rooms, Natural Light. Driveway Parking Space For 2 Cars (Tandem), Private Backyard. Suburban Comfort In The Centre Of The City. Only Steps To Ttc, Yonge And Dundas Square, Eatons Centre, Shopping, Restaurants, And Countless Amenities. Very Close To Ryerson, George Brown & U Of T. More detailsListed by HOUSESIGMA INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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97 Dunsfold Drive in Toronto: Malvern House for lease (Toronto E11) : MLS®# E12393037
97 Dunsfold Drive Toronto M1B 1T5
$3,300Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12393037
- Bedrooms:
- 4
- Bathrooms:
- 2
Welcome to this beautifully maintained detached home featuring four spacious bedrooms, a large living room with pot lights, a modern full kitchen with quartz countertops, and stainless steel appliances. The home includes one full washroom, one shared powder washroom, hardwood flooring throughout, and California shutters on all windows. A washer and dryer are also provided for the unit. The property further offers a generous backyard and parking for up to four vehicles, ensuring both comfort and convenience for families or professionals. This home is situated in a highly desirable Scarborough neighborhood with excellent TTC accessibility, including multiple 24/7 routes. It is located within minutes of Centennial College and the University of Toronto Scarborough Campus, as well as Woodside Square Mall, Scarborough Town Centre, and numerous everyday amenities. Easy access is available to Highway 401, Highway 404, Steeles Avenue, and Taunton Road. This property combines modern finishes, space, and prime location, making it an ideal choice for families, working professionals, or students. More detailsListed by HOMELIFE/FUTURE REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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38 Enchanted Hills Crescent in Toronto: Milliken House for lease (Toronto E07) : MLS®# E12393069
38 Enchanted Hills Crescent Toronto M1V 3P2
$3,700Residential Freehold- Status:
- For Lease
- MLS® Num:
- E12393069
- Bedrooms:
- 5
- Bathrooms:
- 4
Very convenient location! Whole house for rent with a great layout. Primary bedroom features a 4-piece ensuite and walk-in closet. Close to supermarket, school, and parks. More detailsListed by BAY STREET GROUP INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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38 Milton Street in Toronto: Mimico House for lease (Toronto W06) : MLS®# W12393074
38 Milton Street Toronto M8Y 2X6
$2,750Residential Freehold- Status:
- For Lease
- MLS® Num:
- W12393074
- Bedrooms:
- 2
- Bathrooms:
- 1
Welcome to 38 Milton St. A rare opportunity to enjoy the ease of city living with the charm of a private retreat. This 2-bedroom home with an office nook features a bright and functional layout, including a spacious living room with a cozy gas fireplace, a full bathroom, and ensuite laundry. Parking is available for two small cars, and the private landscaped backyard offers a lush oasis perfect for relaxing or entertaining.The location is hard to beat just a 5-minute walk to the GO Station, with TTC access, Sherway Gardens, High Park, and Lake Ontario all close by. Cafés, shops, and restaurants are at your doorstep, while quick access to the QEW makes commuting a breeze. Utilities are extra, and there is no basement. Discover the perfect blend of cottage charm and city convenience at 38 Milton St! More detailsListed by RE/MAX HALLMARK REALTY LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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21 Alma Avenue in Toronto: Little Portugal House for lease (Toronto C01) : MLS®# C12393096
21 Alma Avenue Toronto M6J 1N2
$6,000Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12393096
- Bedrooms:
- 3
- Bathrooms:
- 3
Experience boutique-style living in this fully furnished Queen West home, perfectly designed for both comfort and convenience. Nestled on a quiet street in Toronto's sought-after Little Portugal neighbourhood and steps to the Ossington Strip, this stylish retreat is just minutes from the city's best cafes, restaurants, parks and easy access to transit. The home features a bright and open layout, a fully equipped kitchen, and a cozy yet refined living space. Stylishly appointed with modern furnishings throughout create the perfect balance of luxury and relaxation. This home is move-in ready just bring your suitcase! A beautiful, low maintenance yard is perfect for entertaining. 2 parking spots included! More detailsListed by UNION CAPITAL REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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in Toronto: Moss Park House for lease (Toronto C08) : MLS®# C12393100
$3,988Residential Freehold- Status:
- For Lease
- MLS® Num:
- C12393100
- Bedrooms:
- 2
- Bathrooms:
- 2
Charming Heritage Century home in the Heart of Cabbagetown. Step into the character and charm of Cabbagetown with this beautifully maintained Heritage Century Home, offering the perfect blend of historic charm and modern convenience. This inviting residence features two spacious bedrooms, a versatile den - ideal for a home office or reading nook - and a private back patio for relaxed outdoor living. Inside, you'll find sun-filled living spaces with timeless architectural details, thoughtfully updated finishes, and a warm, welcoming layout. The kitchen provides plenty of functionality with direct access to the patio, making it perfect for entertaining or enjoying quiet mornings with coffee. Showcasing an elaborate living room with original Carrera marble fireplace and wrought iron insert. Throughout the house, oak hardwood flooring has been meticulously cared for along with original bannisters and railings. Located on a tree-lined street in one of Toronto's most sought-after neighbourhoods, this home is just steps away from boutique shops, cafes, Riverdale Park, and Transit. Second floor has a foyer nook for possible second den or office space. All existing curtains and blinds are included. HIGHLIGHTS:- Heritage Century Home with historic character - 2 bedrooms + den for flexible living -Bright, open living and dining area -Private back patio oasis -Prime Cabbagetown location, close to everything A rare opportunity to lease a piece of history while enjoying the lifestyle and convenience of Cabbagetown/Moss Park. More detailsListed by Home and Property Real Estate Ltd.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Data was last updated September 11, 2025 at 12:15 AM (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.