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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$3,500

Residential Freehold beds: 3 baths: 2.0

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• Details
• Photos

Status:

For Lease

Prop. Type:

Residential Freehold

MLS® Num:

W12399271

Bedrooms:

3

Bathrooms:

2

• Photos (19)

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An Amazing, Newly renovated, Spacious and Bright home on a sprawling lot with great curb appeal, in a quiet, tree-lined street. A bright double-height lobby and marble stairs lead to the Main floor that has spacious living room, drenched with natural light from a large window and potlights in the dark, a smart, efficient and elegant kitchen with a quartz island, pendant lights, and a spacious dining room with a view of the huge rear yard. Kitchen leads to a rear covered porch overlooking grape vine kiosk and a humongous rear yard beyond with a sprawling lawn and flower bed. Main floor also, has a newly built 2-piece powder room. The bright double-height stairway leads to the 2nd floor that offers 3 spacious bedrooms, all with large closets and large windows with amazing views, and an elegant 4-piece washroom. Included are 2 tandem parking spaces. The house is centrally air-conditioned by a brand-new air-conditioner. Location is perfect for a young family looking for good schools and parks within walking distance or for adults looking for walking trails, gyms, great restaurants at Stockyards Village and other amenities. Close all amenities, Gyms, parkettes, Stockyards Village, High Park, Highways 400 and 401.

General Info:

Lease Term:

12 Months

Lease Agreement:

Yes

Property Portion Lease:

Main, 2nd Floor

Payment Frequency:

Monthly

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

2-Storey

Approx. Age:

51-99

Total Approx Floor Area:

1100-1500

Depth:

123'4"37.6 m

Frontage:

35'10.7 m

Lot Shape:

Rectangular

Topography:

Flat

Direction Faces:

South

Bedrooms:

3

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

3

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Fireplaces:

0

Foundation:

Concrete

Roof:

Asphalt Shingle

Basement:

None

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Available

Parking Spaces:

2

Total Parking Spaces:

2.0

Family Room:

No

Possession Details:

Place is vacant

Pool:

None

Link:

No

Financial Info:

Payment Method:

Other

Security Deposit Required:

Yes

References Required:

Yes

Rental Application Required:

Yes

Credit Check:

Yes

Employment Letter:

Yes

Parking Cost per Month:

$75

Assessment:

$- / -

Listing Area:

Toronto W03

Listing Sub-Area:

Rockcliffe-Smythe

County Or Parish:

Toronto

Property Features / Area Influences:

Park, Public Transit, School, Clear View

Interior Features:

Carpet Free

Exterior Features:

Porch

Security Features:

Carbon Monoxide Detectors, Smoke Detector

Inclusions:

All Appliances, Elfs

Exterior Finish:

Brick

Elevator:

No

Private Entrance:

Yes

Retirement:

No

View:

City

Buy option:

No

Other Details:

UFFI:

No

Utilities Cable:

No

Utilities Telephone:

No

Utilities Gas:

Yes

Utilities Hydro:

Yes

Utilities Water:

Yes

Sewers:

Yes

Green Property Information Statement:

No

Special Designation:

Unknown

Furnished:

Unfurnished

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Physically Handicapped-Equipped:

No

Ensuite Laundry:

No

Laundry Access:

In Kitchen

Laundry Level:

Main Level

Listing Info:

Date Listed:

Sep 12, 2025

Original Price:

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Previous Price:

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Listed by WORLD CLASS REALTY POINT

Data was last updated September 13, 2025 at 04:15 AM (UTC)

Area Statistics

Listings on market:

26

Avg list price:

$999,450

Min list price:

$569,900

Max list price:

$1,629,000

Avg days on market:

36

Min days on market:

1

Max days on market:

722

These statistics are generated based on the current listing's property type and located in Rockcliffe-Smythe. 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.