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Cheapest House for Sale in Toronto – Budget-Friendly Living Starts Here

Looking for the cheapest house for sale in Toronto? You’re not alone. With rising prices across the GTA, finding an affordable detached or semi-detached home is a smart move—especially for first-time buyers or investors. Our curated listings feature the most budget-friendly houses in Toronto’s diverse neighborhoods without compromising on location or lifestyle.

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  • 25 Portneuf Court in Toronto: Waterfront Communities C8 House for sale (Toronto C08) : MLS®# C11916651

    25 Portneuf Court Waterfront Communities C8 Toronto M5A 4E5
    Main Photo: 25 Portneuf Court in Toronto: Waterfront Communities C8 House for sale (Toronto C08) : MLS®# C11916651

    25 Portneuf Court Toronto M5A 4E5 Waterfront Communities C8

    $119,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C11916651
    Located just south of the iconic St. Lawrence Market, this private garage offers an ideal space for storage or vehicle parking. Measuring 21' x 10.5', it includes a small loft for added utility. 15 AMP Electricity supplied as part of services with property taxes. Perfect for those seeking a secure and convenient solution in the heart of the city. **EXTRAS** NA More details
    Listed by OUR NEIGHBOURHOOD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 19R Columbine Avenue in Toronto: The Beaches House for sale (Toronto E02) : MLS®# E11916772

    19R Columbine Avenue The Beaches Toronto M4L 1P2
    Main Photo: 19R Columbine Avenue in Toronto: The Beaches House for sale (Toronto E02) : MLS®# E11916772

    19R Columbine Avenue Toronto M4L 1P2 The Beaches

    $269,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E11916772
    A rare offering and a great opportunity. Vacant land 51 by 21 feet. Ideal for private parking for up to 4 cars. Short distance to the Beach and Leslieville. More details
    Listed by KELLER WILLIAMS ADVANTAGE REALTY
    LISTING DETAILS
    DARYL KING

  • 227 River Street in Toronto: Cabbagetown-South St. James Town House for sale (Toronto C08) : MLS®# C12071055

    227 River Street Cabbagetown-South St. James Town Toronto M5A 3P9
    Main Photo: 227 River Street in Toronto: Cabbagetown-South St. James Town House for sale (Toronto C08) : MLS®# C12071055

    227 River Street Toronto M5A 3P9 Cabbagetown-South St. James Town

    $499,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12071055
    Bedrooms:
    2
    Bathrooms:
    1
    House gutted by fire. This property is being sold 'as is where is' for land value only. **PLEASE READ SCHEDULE "B" found in the Attachments **This Property is in a heritage district part of Cabbagetown. This is a PART V Property. If you want to know more go to Cabbagetown South District Plan June 2005 **Entry into the Property Is Not Allowed** Please consult engineering report in attachments. There is no survey ** To understand the property's best possible uses please consult a Lawyer. ** House is described as semi-detached in the engineering report but rowhouse on Geowarehouse. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 164 Silverthorn Avenue in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W12038741

    164 Silverthorn Avenue Weston-Pellam Park Toronto M6N 3K3
    Main Photo: 164 Silverthorn Avenue in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W12038741

    164 Silverthorn Avenue Toronto M6N 3K3 Weston-Pellam Park

    $499,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12038741
    Bedrooms:
    3
    Bathrooms:
    1
    Featuring 3 bedrooms and potential, this property is situated in a sought-after neighborhood with easy access to transit, schools, and amenities. Bring your vision and transform this diamond in the rough into something special! Don't miss out on this rare opportunity!" More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 17 Cripps Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12076278

    17 Cripps Avenue Rockcliffe-Smythe Toronto M6N 2G5
    Main Photo: 17 Cripps Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12076278

    17 Cripps Avenue Toronto M6N 2G5 Rockcliffe-Smythe

    $535,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12076278
    Attention Builders & Investors, Home Buyers, Huge Future Return Profit, *** Vacant Land *** On Quiet Dead End Street With Ravine And Extra Deep Lot Size 30 X 167. Steps To Restaurants, Parks, Lavender Creek Trail, Close To Shopping Mall, Food Basics, Public Schools. Detached New Builds Selling For Well Over $1 Million. Rarely Available Lot. Awaiting Your Imagination. Easy Access To Hwy 400, 401 And 407. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 37 Secord Avenue in Toronto: Crescent Town House for sale (Toronto E03) : MLS®# E12069526

    37 Secord Avenue Crescent Town Toronto M4C 2C4
    Main Photo: 37 Secord Avenue in Toronto: Crescent Town House for sale (Toronto E03) : MLS®# E12069526

    37 Secord Avenue Toronto M4C 2C4 Crescent Town

    $549,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12069526
    Bedrooms:
    2
    Bathrooms:
    1
    Attention builders and renovators! Here is a perfect opportunity to turn a house into a home in a vibrant Danforth community with access to schools & shopping & within walking distance to Main subway & GO train. Offers Thursday, April 17 at noon. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 20 Howick Avenue in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W12038493

    20 Howick Avenue Weston-Pellam Park Toronto M6N 1M8
    Main Photo: 20 Howick Avenue in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W12038493

    20 Howick Avenue Toronto M6N 1M8 Weston-Pellam Park

    $588,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12038493
    Bedrooms:
    2
    Bathrooms:
    1
    Opportunity Knocks!! Freehold bungalow in Toronto with fantastic potential. Great Condo Alternative. 16ft x 119.0 ft. Property is ready for renovation. High ceilings in living room. Sizable main floor bedroom. Eat in Kitchen with walk out to backyard. Higher Basement ceiling height, spacious bedroom, separate walk up from basement. Potential for secondary unit. Private driveway (potential for additional parking space). Front yard wood porch. Create your own vision for this property. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING
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  • 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03) : MLS®# C12076994

    534 Westmount Avenue Oakwood Village Toronto M6E 3N7
    Main Photo: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03) : MLS®# C12076994

    534 Westmount Avenue Toronto M6E 3N7 Oakwood Village

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12076994
    Bedrooms:
    4
    Bathrooms:
    2
    Welcome to this character-filled semi-detached bungalow in sought-after Oakwood Village. This unique home blends comfort, versatility, and potential; a perfect opportunity for first-time buyers, savvy investors, handy people, or multigenerational families. Step through the glass-enclosed front porch into a bright and inviting main level featuring an open-concept kitchen and family room ideal for relaxed living or entertaining. The spacious primary bedroom boasts a renovated 3-piece ensuite and walk-out access to the backyard, creating your own private retreat. The second bedroom includes a charming loft space, perfect as a third sleeping area, a creative hideaway for kids, or clever additional storage. Downstairs, a separate entrance leads to a 1-bedroom basement apartment or in-law suite. Complete with its own kitchen, renovated 3-piece bath, and laundry/storage room, this space offers excellent income potential or comfortable extended family living. Updates include a new energy-efficient heat pump and A/C (2023), and a newer roof (2022). Bonus legal (permitted) private outdoor parking pad. Street permit parking also available. While this home may need a few finishing touches, its brimming with possibilities, bring your vision and make it your own! Just steps from parks, schools, TTC transit, and all the vibrant amenities of Oakwood Village, this is a rare opportunity you wont want to miss. More details
    Listed by RE/MAX PRIME PROPERTIES
    LISTING DETAILS
    DARYL KING

  • 6 Abbeville Road in Toronto: Woburn House for sale (Toronto E09) : MLS®# E12097688

    6 Abbeville Road Woburn Toronto M1H 1Y3
    OPEN HOUSE: Apr 26, 2025
    01:00 PM - 04:00 PM EDT
    Open House on Saturday, April 26, 2025 1:00PM - 4:00PM
    Main Photo: 6 Abbeville Road in Toronto: Woburn House for sale (Toronto E09) : MLS®# E12097688

    6 Abbeville Road Toronto M1H 1Y3 Woburn

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12097688
    Bedrooms:
    4
    Bathrooms:
    2
    Welcome to 6 Abbeville Rd., a bungalow tucked into the sought-after Woburn neighbourhood of Toronto. This home is being offered "as-is, where-is", and it's brimming with potential for the right buyer, whether you're a hands-on DIYer, seasoned contractor, or savvy investor. Set on a generous lot with plenty of outdoor space and a handy backyard shed, this home is ready for its next chapter. The main floor features an open-concept living and dining area, an eat-in kitchen, a full bathroom, and three bedrooms. A separate side entrance provides convenient access to the lower level, including a rec room, an additional bedroom, and utility and laundry areas, ideal for an in-law suite or rental conversion. While the home does require renovations, key improvements have already been made: the roof was updated in 2011, and three exterior foundation walls were upgraded in 2020, New A/C 2024. Includes parking for two vehicles and just minutes to transit, shopping, schools, and parks, this is a rare opportunity to create real value in a prime location. Unlock the potential of 6 Abbeville Rd. You won't want to miss it! More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 149 Haslam Street in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12097586

    149 Haslam Street Birchcliffe-Cliffside Toronto M1N 3N9
    Main Photo: 149 Haslam Street in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12097586

    149 Haslam Street Toronto M1N 3N9 Birchcliffe-Cliffside

    $599,999
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12097586
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this Charming Birchcliffe-Cliffside Bungalow! Nestled in a fantastic neighborhood, this two-bedroom, two-bathroom bungalow offers an ideal blend of comfort and convenience.Situated on a great lot, this home is perfectly located near parks, schools, and transit, making it a prime choice for families and commuters. This home has a porch enclosure that adds both charm and functionality. Use it as a mudroom for convenience or as a cozy sitting room to enjoy your mornings and evenings in comfort. Or use it as both, This extra space is a lovely feature that enhances the home, providing a cozy/useful area to enjoy year-round. Inside, the home boasts a spacious living/dining area with plenty of natural light. The side entrance provides access to both the main floor and the basement, which features a spacious open-concept area and a separate laundry room. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 19B Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W9294307

    19B Cardell Avenue Humberlea-Pelmo Park W4 Toronto M9N 1S4
    Main Photo: 19B Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W9294307

    19B Cardell Avenue Toronto M9N 1S4 Humberlea-Pelmo Park W4

    $624,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W9294307
    Bedrooms:
    4
    Bathrooms:
    2
    Exceptional development opportunity! This severed lot offers the chance to build two detached, two-story homes on 25 x 103 ft parcels. Each home is designed to include approximately 2,000 sqft of living space, featuring three bedrooms and a walk-out basement suite, perfect for a large family or as income-generating rental unit. Located in a highly desirable area, the property is directly across from shopping and is within close proximity to major highways (401 and 400), making commuting easy. Public transit options are also nearby and Crawford Jones Memorial Park is just steps away. **EXTRAS** Lots are being sold with existing home and must be sold together. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 19A Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W9294304

    19A Cardell Avenue Humberlea-Pelmo Park W4 Toronto M9N 1S4
    Main Photo: 19A Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W9294304

    19A Cardell Avenue Toronto M9N 1S4 Humberlea-Pelmo Park W4

    $624,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W9294304
    Bedrooms:
    4
    Bathrooms:
    2
    Exceptional development opportunity! This severed lot offers the chance to build two detached, two-story homes on 25 x 103 ft parcels. Each home is designed to include approximately 2,000 sqft of living space, featuring three bedrooms and a walk-out basement suite, perfect for a large family or as income-generating rental unit. Located in a highly desirable area, the property is directly across from shopping and is within close proximity to major highways (401 and 400), making commuting easy. Public transit options are also nearby and Crawford Jones Memorial Park is just steps away. **EXTRAS** Lots are being sold with existing home and must be sold together. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated April 26, 2025 at 03:15 AM (UTC)
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Explore the Cheapest House Listings in Toronto

Even in one of Canada’s most competitive markets, there are still opportunities to own a home in Toronto under $700,000. Whether you’re looking in Scarborough, North York, or further west, you’ll find affordable options that include:

  • Detached and semi-detached homes with renovation potential
  • Freehold houses in emerging or transitional areas
  • Homes close to public transit, parks, and local shops
  • Opportunities for investment, rental income, or personal use

Why Buy a Low-Priced House in Toronto?

Toronto’s real estate market continues to grow—making an affordable home a valuable long-term investment. These properties may need some TLC, but they often come with:

  • Lower property taxes and monthly costs
  • Room to build equity with upgrades or improvements
  • Faster entry into the housing market before prices rise again

Navigating the Home Buying Process

Buying an affordable house in Toronto involves several key considerations, such as financing options, property condition, and potential resale value. Our resources and expert guidance are designed to help you navigate these factors, ensuring a smooth and informed buying process. We offer advice on home inspections, mortgage options, and investment strategies to help you make the best choice for your needs and budget.

Start Your Search for the Cheapest House in Toronto Today

Don’t miss your chance to break into Toronto’s real estate market. Explore listings, set alerts, and get expert guidance from our team to find the best value home for your budget.

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Each link provides updated listings and expert insights.

FAQs – Cheapest House for Sale in Toronto

1. What is considered the cheapest house in Toronto right now?
Prices can start around $500,000–$700,000, depending on location and property type.

2. Which Toronto neighborhoods have the most affordable houses?
Areas like Scarborough, Weston, and parts of North York often have lower-priced listings.

3. Are cheap houses in Toronto good for investment?
Yes. Homes in emerging neighborhoods often appreciate faster and can offer solid rental income.

4. What should I expect from the cheapest homes?
They may need cosmetic upgrades or repairs, but they’re a great way to enter the market.

5. Can I get a mortgage for a low-priced home in Toronto?
Yes. Most banks offer mortgage options for lower-priced homes, especially for first-time buyers with incentives.

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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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