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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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We have found a total of 2,998 listings, but only 1,500 are available for public display. Please refine your criteria, in order to narrow the total number of matching listings.
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  • PH7 3039 Dundas Street W in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12398821

    PH7 3039 Dundas Street W Junction Area Toronto M6P 1Z5
    Main Photo: PH7 3039 Dundas Street W in Toronto: Junction Area House for lease (Toronto W02) : MLS®# W12398821

    PH7 3039 Dundas Street W Toronto M6P 1Z5 Junction Area

    $3,800
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12398821
    Bedrooms:
    2
    Bathrooms:
    2
    Rare boutique penthouse in the heart of High Park/Junction. This architectural gem features high ceilings, a private terrace, and semi-private elevator access. Part of an exclusive collection of just eight bespoke residences, each designed to the highest standards of modern living. Smart-home video entry, secure exterior/common areas, and a sleek modern elevator provide both convenience and peace of mind. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • Lower 727 Rhodes Avenue in Toronto: Greenwood-Coxwell House for lease (Toronto E01) : MLS®# E12398940

    Lower 727 Rhodes Avenue Greenwood-Coxwell Toronto M4J 4X5
    Main Photo: Lower 727 Rhodes Avenue in Toronto: Greenwood-Coxwell House for lease (Toronto E01) : MLS®# E12398940

    Lower 727 Rhodes Avenue Toronto M4J 4X5 Greenwood-Coxwell

    $1,700
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12398940
    Bedrooms:
    1
    Bathrooms:
    1
    Situated in a quiet stretch of the Danforth, welcome to a newly renovated lower-level suite in a charming end-unit townhome with its own private entry. This thoughtfully designed space offers a bright kitchen with brand-new appliances, the convenience of in-suite laundry, and generous closet space with smart storage solutions that make daily living both practical and comfortable. The location is truly unbeatable! Just a three-minute walk to Coxwell Station, steps from the Danforth's vibrant shops, cafes and amenities, and a short stroll to Monarch Park with its outdoor pool, skating rink and local's favourite green space. Surrounded by a walkable, community-focused neighbourhood with easy access to transit and city bike routes, you'll find exploring the city effortless. And when you're ready for a change of pace, Woodbine Beach is only a quick bike ride away, offering the perfect balance of urban living, neighbourhood charm and access to the outdoors. More details
    Listed by RARE REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • A 966 Dundas Street W in Toronto: Trinity-Bellwoods House for lease (Toronto C01) : MLS®# C12398986

    A 966 Dundas Street W Trinity-Bellwoods Toronto M6J 1W5
    Main Photo: A 966 Dundas Street W in Toronto: Trinity-Bellwoods House for lease (Toronto C01) : MLS®# C12398986

    A 966 Dundas Street W Toronto M6J 1W5 Trinity-Bellwoods

    $2,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12398986
    Bedrooms:
    1
    Bathrooms:
    1
    Large One Bedroom - 2 Storey Apartment within walking distance to Trinity Bellwoods Park and Kensington Market. Lots of options for Shopping and Restaurants. Kitchen and Bath has been Renovated! Large Bedroom and private Laundry! Bright unit with Big windows and Super Clean! Quiet Building with Yarn Retail Store on Main floor. Move in Condition. Come take a look! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • Main 9 Waterfield Drive in Toronto: Bendale House for lease (Toronto E09) : MLS®# E12398964

    Main 9 Waterfield Drive Bendale Toronto M1P 3W4
    Main Photo: Main 9 Waterfield Drive in Toronto: Bendale House for lease (Toronto E09) : MLS®# E12398964

    Main 9 Waterfield Drive Toronto M1P 3W4 Bendale

    $2,900
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12398964
    Bedrooms:
    3
    Bathrooms:
    1
    Main Floor Only. Laundry Facilities In Basement. Excellent For Couples Or Small Families!!! Great Location, Back To Ravine, Walk To Ttc, Schools, Shops, Hospitals, Scarborough Town Centre, Newer Hard Wood Floor, Moving-In Condition. Tenant Need To Pay A Portion Of Utilities (Depent On The Number Of People) Extras:Fridge, Stove, Wash And Dryer(Share Use), All Electrical Light Fixtures More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • Lower 131 Boultbee Avenue in Toronto: Blake-Jones House for lease (Toronto E01) : MLS®# E12399071

    Lower 131 Boultbee Avenue Blake-Jones Toronto M4J 1B2
    Main Photo: Lower 131 Boultbee Avenue in Toronto: Blake-Jones House for lease (Toronto E01) : MLS®# E12399071

    Lower 131 Boultbee Avenue Toronto M4J 1B2 Blake-Jones

    $2,150
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    E12399071
    Bedrooms:
    1
    Bathrooms:
    1
    Gorgeous Contemporary New Home with Legal Basement Apartment. Walk out to Private Entrance and Covered Patio. Enjoy living in The Pocket, with Incredible Walk Scores Just Minutes to Leslieville, Riverdale and The Danforth. Be the First to Enjoy this Modern 1 Bed 1 Bath Wonder. Spa like Washroom. A MUST SEE! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • Main 24 Clarion Road in Toronto: Willowridge-Martingrove-Richview House for lease (Toronto W09) : MLS®# W12399162

    Main 24 Clarion Road Willowridge-Martingrove-Richview Toronto M9R 3Y5
    Main Photo: Main 24 Clarion Road in Toronto: Willowridge-Martingrove-Richview House for lease (Toronto W09) : MLS®# W12399162

    Main 24 Clarion Road Toronto M9R 3Y5 Willowridge-Martingrove-Richview

    $3,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12399162
    Bedrooms:
    3
    Bathrooms:
    1
    Beautiful 3-Bedroom Semi-Detached Raised Bungalow Discover immaculate, stylish living in this desirable Etobicoke family neighborhood. Featuring a spacious main floor with a bright open-concept layout, hardwood floors throughout, and a gourmet kitchen perfect for everyday living and entertaining. The gorgeous primary bedroom offers comfort and charm, while the additional bedrooms provide flexibility for family, work, or guests. Enjoy exclusive use of the backyard, 2 parking spots and ensuite laundry. Nestled on a quiet street with immediate availability, this home combines convenience and comfort. Ideally located just minutes to highways 401/427/409/407, and steps from public transit, schools, and recreation facilities. More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 5 8 Thirty Third Street in Toronto: Long Branch House for lease (Toronto W06) : MLS®# W12399204

    5 8 Thirty Third Street Long Branch Toronto M8W 3G8
    Main Photo: 5 8 Thirty Third Street in Toronto: Long Branch House for lease (Toronto W06) : MLS®# W12399204

    5 8 Thirty Third Street Toronto M8W 3G8 Long Branch

    $1,800
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12399204
    Bedrooms:
    2
    Bathrooms:
    2
    Ideally Situated 2-Bedroom Rental In Highly Desired Long Branch. This Well-Maintained Lower Unit has a great and Very Bright Living/Dining Room combined with a Brand New Kitchen. It also features Two Bedrooms connected with a common area, 3-Piece and 2-Piece Bathrooms and Lots of Ensuite Storage, and two entrances. On-site Laundry and Outdoor space are some of the great features you'll find here. Best part is the Location! Walk, Bike, or take transit to Area Amenities such as Humber College, Shopping, Restaurants, Parks, Trails, and more! More details
    Listed by PANORAMA R.E. LIMITED
    LISTING DETAILS
    DARYL KING

  • in Toronto: Rockcliffe-Smythe House for lease (Toronto W03) : MLS®# W12399271

    Contact for address
    Main Photo: in Toronto: Rockcliffe-Smythe House for lease (Toronto W03) : MLS®# W12399271

    Contact for address details

    $3,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12399271
    Bedrooms:
    3
    Bathrooms:
    2
    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. More details
    Listed by WORLD CLASS REALTY POINT
    LISTING DETAILS
    DARYL KING

  • 2nd 83 Oxford Street in Toronto: Kensington-Chinatown House for lease (Toronto C01) : MLS®# C12399437

    2nd 83 Oxford Street Kensington-Chinatown Toronto M5T 1P2
    Main Photo: 2nd 83 Oxford Street in Toronto: Kensington-Chinatown House for lease (Toronto C01) : MLS®# C12399437

    2nd 83 Oxford Street Toronto M5T 1P2 Kensington-Chinatown

    $2,888
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12399437
    Bedrooms:
    1
    Bathrooms:
    2
    Welcome To This Beautiful Modern & Spacious Two Level, One Bedroom Apartment, Featuring 988 Square Feet of Living Space, And Two Bathrooms , With High Ceilings. New Appliances, Including A Built In Dishwasher. Coin Operated Laundry In Basement. Street Parking Available. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • Lower A 7 Resolution Crescent in Toronto: Hillcrest Village House for lease (Toronto C15) : MLS®# C12399460

    Lower A 7 Resolution Crescent Hillcrest Village Toronto M2H 1N3
    Main Photo: Lower A 7 Resolution Crescent in Toronto: Hillcrest Village House for lease (Toronto C15) : MLS®# C12399460

    Lower A 7 Resolution Crescent Toronto M2H 1N3 Hillcrest Village

    $1,500
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    C12399460
    Bedrooms:
    1
    Bathrooms:
    1
    One Bedroom Basement Apartment in Beautiful Hillcrest Village Bungalow All Inclusive! Spacious and self-contained lower-level apartment with private entrance in a charming bungalow, located in the highly sought-after Hillcrest Village neighborhood. Features:1 comfortable bedroom Separate, private entrance Full kitchen and bathroom All utilities included (except internet tenant pays own) Quiet and well-maintained home Amazing Location, Walk to TTC transit, GO Train, library, and local shops Close to Cummer Arena, community centre, and hockey rink Peaceful, family-friendly neighborhood Perfect for a quiet, responsible tenant. Ideal for a single professional or student. More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 254 Eileen Avenue in Toronto: Rockcliffe-Smythe House for lease (Toronto W03) : MLS®# W12399354

    254 Eileen Avenue Rockcliffe-Smythe Toronto M6N 1W1
    Main Photo: 254 Eileen Avenue in Toronto: Rockcliffe-Smythe House for lease (Toronto W03) : MLS®# W12399354

    254 Eileen Avenue Toronto M6N 1W1 Rockcliffe-Smythe

    $2,900
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12399354
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this Semi-detached 1 + 1 bedroom unit located in the Rockcliffe-Smythe neighbourhood. Enjoy the convenience of utilities included (hydro, water, heat) plus parking and access to shared coin operated laundry. Located in a prime area close to shopping, transit, and everyday amenities. Just minutes To Junction/Bloor West Village, Stockyards Village Shopping, Golf Courses, Parks, Schools And More! More details
    Listed by ROYAL LEPAGE SUPREME REALTY
    LISTING DETAILS
    DARYL KING

  • Main 70 Sawmill Road in Toronto: Glenfield-Jane Heights House for lease (Toronto W05) : MLS®# W12399468

    Main 70 Sawmill Road Glenfield-Jane Heights Toronto M3L 2M2
    Main Photo: Main 70 Sawmill Road in Toronto: Glenfield-Jane Heights House for lease (Toronto W05) : MLS®# W12399468

    Main 70 Sawmill Road Toronto M3L 2M2 Glenfield-Jane Heights

    $2,750
    Residential Freehold
    Status:
    For Lease
    MLS® Num:
    W12399468
    Bedrooms:
    3
    Bathrooms:
    1
    Raised Bungalow - Main Floor - Three good sized bedrooms - Ensuite Laundry/combined with Bathroom. Walk-Out to large balcony from Living Room. Spacious Family-sized Kitchen, and Living and Dining Rooms. Absolutely NO CARPENTING!!, - all wood flooring. Close to TTC and Amenities!! Parking - Suited for: (small family & Professionals). UTILITIES WILL BE SEPARATE TO THE LEASE AND EXTRA. Owner uses the basement, (separate entrance from the rear) occasionally. Great opportunity is a Family Oriented Community. More details
    Listed by ROYAL LEPAGE TERREQUITY REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated September 12, 2025 at 06:15 PM (UTC)
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.

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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.

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