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Cheapest House for Sale in Toronto – Discover Smart Real Estate Deals

Looking for the cheapest house for sale in Toronto? While Toronto is known for its sky-high real estate prices, budget-conscious buyers can still find great deals in emerging neighbourhoods, older properties, or homes with renovation potential. Whether you’re a first-time buyer or investor, affordable housing opportunities do exist, if you know where to look.

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  • 2 7 Brimley Road S in Toronto: Cliffcrest House for sale (Toronto E08) : MLS®# E12397652

    2 7 Brimley Road S Cliffcrest Toronto M1M 3W3
    Main Photo: 2 7 Brimley Road S in Toronto: Cliffcrest House for sale (Toronto E08) : MLS®# E12397652

    2 7 Brimley Road S Toronto M1M 3W3 Cliffcrest

    $459,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12397652
    Bedrooms:
    1
    Bathrooms:
    1
    Come see this 55-foot custom houseboat in the beautiful Scarborough Bluffs that comes with its own boat! Purpose-built for year-round comfort, it blends modern design, smart engineering, and a close-knit waterfront community that keeps life on the dock lively. The heart of the home is the chefs kitchen, featuring a marble island, full-size stainless steel appliances, and a high-end beverage fridge all framed by panoramic lake views. This is the only houseboat in the marina with heated floors throughout, keeping you cozy inside. Enjoy easy access to your two parking spots plus extra landscaped outdoor deck space perfect for entertaining or simply relaxing. On the other side, step out to your private cedar deck, where a 2024 Gala A360Q inflatable boat (included!) is ready and waiting for your next adventure. Just a few minutes' walk away are two sandy beaches, walking and biking trails, and three yacht and sailing clubs. On-site you'll also find a restaurant, pub and snack bar, with shops just a short drive away. Getting downtown is easy just two GO stops or a 30 minute drive. Whether you live here year-round or use it as the ultimate in-town vacation spot, you'll experience tranquil waterfront living unlike anything else in Toronto. Monthly dock fee includes city water, parking, and metered hydro. More details
    Listed by EXP REALTY
    LISTING DETAILS
    DARYL KING

  • 224 Aylesworth Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12388577

    224 Aylesworth Avenue Birchcliffe-Cliffside Toronto M1N 2J6
    Main Photo: 224 Aylesworth Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12388577

    224 Aylesworth Avenue Toronto M1N 2J6 Birchcliffe-Cliffside

    $499,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12388577
    Bedrooms:
    3
    Bathrooms:
    2
    Attention Builders, Renovators! Here is your opportunity to make this property your own or build your dream home. Property is in need of TLC and is being sold As-Is Where-Is. Currently a 2 storey, detached home with deceivingly large main floor. A great Birch Cliff Heights pocket with lots of building taking place. Steps to Woodrow Park. Birch Cliff Heights & Birchmount High School Districts. No bathroom on the second floor. This property has been owned by the same family for over 40 years. More details
    Listed by ROYAL LEPAGE ESTATE REALTY
    LISTING DETAILS
    DARYL KING

  • 283 Rhodes Avenue E in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E12388218

    283 Rhodes Avenue E Greenwood-Coxwell Toronto M4L 3A4
    Main Photo: 283 Rhodes Avenue E in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E12388218

    283 Rhodes Avenue E Toronto M4L 3A4 Greenwood-Coxwell

    $499,933
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12388218
    Bedrooms:
    3
    Bathrooms:
    1
    Detached with Parking. Needs TLC. Attention Handymen, Builders and Renovators. A good size detached property with Parking on Rhodes Ave E. This property has both residential and commercial zoning, It can be easily converted to commercial units on ground and residential units on second floor, re-build and re-sale potential. Renovate and live or build a dream home. Location! Location! Location! Walk to Gerrard St. East and all it offers, The Beaches is a short walk. 24hr TTC, Great School District including Riverdale Collegiate. Close to all amenities, including Grocery store, coffee shops, restaurants, Library, Parks, The Downtown Core. Build a dream home. Lots of potential. Renovate and live or build a new modern home. More details
    Listed by SAVE MAX REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING
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  • 4 Glen Baillie Place in Toronto: Kensington-Chinatown House for sale (Toronto C01) : MLS®# C12360749

    4 Glen Baillie Place Kensington-Chinatown Toronto M5T 1J5
    Main Photo: 4 Glen Baillie Place in Toronto: Kensington-Chinatown House for sale (Toronto C01) : MLS®# C12360749

    4 Glen Baillie Place Toronto M5T 1J5 Kensington-Chinatown

    $528,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12360749
    Bedrooms:
    7
    Bathrooms:
    4
    Location! Location! Location! Official plan designated for mixed use, including residential. The best investment opportunity is in the heart of Kensington Market, Chinatown Center, major transit station area, steps to Spadina/Dundas streetcar, near T&T supermarket, close to hospital, art gallery, walking distance to University of Toronto. This lovely 2 storey freehold townhouse needs your special touch, to make this diamond in the rough shine again. Gorgeous 3 bedrooms on the 2nd floor, additional 2 bedrooms on the back of the main floor, 1 bedroom at the front of the main floor . 4 washrooms. Current tenants pay $4,000 per month, assuming tenancy. Property and chattels sold in As-Is Condition. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 350 Vaughan Road in Toronto: Humewood-Cedarvale House for sale (Toronto C03) : MLS®# C12141287

    350 Vaughan Road Humewood-Cedarvale Toronto M6C 2N7
    Main Photo: 350 Vaughan Road in Toronto: Humewood-Cedarvale House for sale (Toronto C03) : MLS®# C12141287

    350 Vaughan Road Toronto M6C 2N7 Humewood-Cedarvale

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12141287
    Your dream home awaits! This vacant lot comes with approved plans for a spacious 2,218 sq. ft. residence spanning 4 levels, plus a rooftop terrace. Enjoy the convenience of a 1 1/2-car detached garage with direct lane access. All essential services (water, sewer, gas) are installed, making this property ready for immediate building permit application within an exclusive 9-unit development at Cherrywood and Vaughan Rd. More details
    Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP
    LISTING DETAILS
    DARYL KING

  • 352 Vaughan Road in Toronto: Humewood-Cedarvale House for sale (Toronto C03) : MLS®# C12141393

    352 Vaughan Road Humewood-Cedarvale Toronto M6C 2N7
    Main Photo: 352 Vaughan Road in Toronto: Humewood-Cedarvale House for sale (Toronto C03) : MLS®# C12141393

    352 Vaughan Road Toronto M6C 2N7 Humewood-Cedarvale

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12141393
    Your dream home awaits! This vacant lot comes with approved plans for a spacious 2,218 sq. ft. residence spanning 4 levels, plus a rooftop terrace. Enjoy the convenience of a 1-car detached garage with direct lane access. All essential services (water, sewer, gas) are installed, making this property ready for immediate building permit application within an exclusive 9-unit development at Cherrywood and Vaughan Rd. More details
    Listed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP
    LISTING DETAILS
    DARYL KING

  • 69 Chiswick Avenue in Toronto: Brookhaven-Amesbury House for sale (Toronto W04) : MLS®# W12369368

    69 Chiswick Avenue Brookhaven-Amesbury Toronto M6M 4V2
    Main Photo: 69 Chiswick Avenue in Toronto: Brookhaven-Amesbury House for sale (Toronto W04) : MLS®# W12369368

    69 Chiswick Avenue Toronto M6M 4V2 Brookhaven-Amesbury

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12369368
    Bedrooms:
    4
    Bathrooms:
    1
    Attention investors, contractors and potential seekers! Exceptional value and upside potential with this prime corner-lot semi-detached home near Black Creek Drive and Lawrence Avenue. Situated on a 24.91' x 130' lot with possible garden suite potential, this 1.5 storey property offers 3 bedrooms, a private driveway and a sought-after location just steps to Upwood Greenbelt, Harding Park, TTC, minutes to Lawrence West Subway, Yorkdale Shopping Centre and major highways. Transit Score of 81! A rare opportunity to renovate, add value, and maximize returns. Being sold as-is/where-is under Power of Sale. More details
    Listed by RE/MAX PROFESSIONALS INC.
    LISTING DETAILS
    DARYL KING

  • 2615 Jane Street in Toronto: Glenfield-Jane Heights House for sale (Toronto W05) : MLS®# W12381813

    2615 Jane Street Glenfield-Jane Heights Toronto M3L 1S1
    Main Photo: 2615 Jane Street in Toronto: Glenfield-Jane Heights House for sale (Toronto W05) : MLS®# W12381813

    2615 Jane Street Toronto M3L 1S1 Glenfield-Jane Heights

    $599,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12381813
    Bedrooms:
    3
    Bathrooms:
    2
    ATTENTION ALL RENOVATORS, INVESTORS AND FIRST TIME BUYERS! Discover the potential in this 3-bedroom semi-detached bungalow located in a highly sought-after Glenfield-Jane Heights, Toronto. This property is a true blank canvas, ready for your vision and creativity. Featuring a functional layout with a spacious living area, eat-in kitchen, and full basement with a separate entrance that can be used for additional rental income. The home offers incredible possibilities for customization, income potential, or a full transformation. The private backyard provides space for outdoor living, while the private driveway adds convenience. Close to a Private Golf course, schools, parks, transit, shopping, and major highways this location blends lifestyle and investment opportunity. Whether you're looking to renovate and resell, build your dream home, or create rental income, this property is bursting with potential .Don't miss this chance to turn a fixer-upper into a stunning Toronto home! The Property will be sold in as is condition More details
    Listed by ROYAL LEPAGE CITIZEN REALTY
    LISTING DETAILS
    DARYL KING

  • 799 Sammon Avenue in Toronto: East York House for sale (Toronto E03) : MLS®# E12354520

    799 Sammon Avenue East York Toronto M4C 2E7
    Main Photo: 799 Sammon Avenue in Toronto: East York House for sale (Toronto E03) : MLS®# E12354520

    799 Sammon Avenue Toronto M4C 2E7 East York

    $625,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12354520
    Bedrooms:
    3
    Bathrooms:
    2
    Prime East Toronto Detached Home Incredible Opportunity! Own a fully detached home in one of East Torontos most desirable neighbourhoods! Ideal for homeowners, investors, or developers, this 2+1 bedroom, 2-bathroom home offers flexibility and potentialmove in, rent, or redesign to your vision. Located just steps from Woodbine Station and minutes to the Beach, Danforth shops, and downtown, this property combines convenience with a vibrant community. Inside, youll find well-defined living and dining areas with hardwood floors, a classic enclosed sunporch, and a spacious kitchen perfect for family meals. Upstairs features two comfortable bedrooms and a 4-piece bath with a charming tub.The basement with separate rear entrance provides additional living space, perfect for a rec room, home office, or rental potential. Outside, enjoy a fenced backyard and large deck, ready for gardening, entertaining, or creating your personal backyard oasis. With private parking, a deep lot, and excellent redevelopment potential, 799 Sammon is a rare opportunity to own a detached home in a family-friendly, transit-connected, and growing neighbourhood. Dont wait...this one wont last! More details
    Listed by JOHNSTON & GREEN REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 47 Eldon Avenue in Toronto: Crescent Town House for sale (Toronto E03) : MLS®# E12380230

    47 Eldon Avenue Crescent Town Toronto M4C 5G2
    Main Photo: 47 Eldon Avenue in Toronto: Crescent Town House for sale (Toronto E03) : MLS®# E12380230

    47 Eldon Avenue Toronto M4C 5G2 Crescent Town

    $625,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12380230
    Bedrooms:
    2
    Bathrooms:
    1
    Opportunity Knocks! Builders, renovators and buyers with imagination wanted. Fully detached home in great area with newbuilds on the street and surrounding area. Lot 21.10 x 129.11 with potential for garage and laneway suite. Close to Dentonia Park, shoppers world, Victoria Park Subway and everything the Danforth has to offer. More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12392280

    149 Audrey Avenue Birchcliffe-Cliffside Toronto M1N 2X9
    Main Photo: 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12392280

    149 Audrey Avenue Toronto M1N 2X9 Birchcliffe-Cliffside

    $634,999
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12392280
    Your Dream Home is calling!! Vacant Land - Calling all buyers and builders. Welcome to Toronto's sought-after Hunt Club neighbourhood located in the Birchcliff-Cliffside area. One of the most desirable neighbourhoods in the Upper Beaches. Measuring approx. 25x100feet, this property presents an exceptional opportunity for builders and contractors to build your next project. Unbeatable location, with easy commute, less than one hour to downtown and just a few steps away from public transit TTC within a 2 minute walk, elementary and secondary schools nearby, Hunt Club, parks, community center, grocery stores, Bluffs and the list goes on. This is a wonderful, growing family friendly community. Don't miss out! Birchcliffe is an area known for its idyllic setting with views of and proximity to Lake Ontario. Financing possible - must meet criteria. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 23 Nickle Street in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12240869

    23 Nickle Street Mount Dennis Toronto M6M 2H7
    Main Photo: 23 Nickle Street in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12240869

    23 Nickle Street Toronto M6M 2H7 Mount Dennis

    $635,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12240869
    Bedrooms:
    5
    Bathrooms:
    2
    Unlock the potential of this spacious, full detached two story home, and perfectly suited for renovators, investors or buyers looking to make their mark . Nestled in a high growth area with exceptional access to transit - including Weston UP express and the upcoming Mount Dennis Eglinton LRT -- this property is a rare find. Enjoy the convenience of being within walking distance to parks, restaurants, grocery stores, and the York recreation centre, with quick access to major shopping centres, Humber River, hospital, and highway 401/404. Bring your vision and transform this promising property into something truly special More details
    Listed by UNION CAPITAL REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated September 14, 2025 at 01:15 AM (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 Affordable Toronto Homes Are Worth Exploring

• Entry point into one of Canada’s hottest real estate markets
• Opportunity to renovate and build equity
• Perfect for investors seeking rental income
• Found in up-and-coming or transitioning neighbourhoods
• Lower property taxes and mortgage payments

What to Expect from the Cheapest Homes in Toronto

When browsing Toronto’s lowest-priced houses, you’ll often see:

• Bungalows, semi-detached, or older detached homes
• Smaller lot sizes or homes requiring updates
• Basic finishes or dated interiors
• Value-add potential with zoning flexibility or laneway options
• Proximity to transit, future developments, or outer boroughs

Neighbourhood Highlights Near Toronto’s Affordable Homes

Some of the cheapest houses in Toronto can be found in areas like Scarborough, Etobicoke, and parts of North York. These regions offer a mix of older inventory, multi-family zoning, and properties near GO transit or future development zones. While they may not boast luxury appeal upfront, they offer excellent long-term growth and accessibility.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Cheapest House for Sale in Toronto

1. What is the lowest price for a house in Toronto right now?
As of this month, listings can start as low as $500,000, especially in areas needing renovation or further from the downtown core.

2. Are cheap houses in Toronto a good investment?
Yes, if you’re willing to renovate or rent. Properties under market value tend to appreciate faster when updated.

3. Can I get a mortgage for a fixer-upper home?
Absolutely. Some lenders offer renovation financing options for older or distressed homes.

4. What type of buyer usually targets low-priced homes?
First-time buyers, flippers, and long-term investors looking to add value are most common.

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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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