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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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  • 385 Centennial Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12213162

    385 Centennial Road Centennial Scarborough Toronto M1C 2A4
    Main Photo: 385 Centennial Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12213162

    385 Centennial Road Toronto M1C 2A4 Centennial Scarborough

    $445,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12213162
    The Property is centrally located within Scarborough's Port Union area which is primarily an established residential neighbourhood. The Site is adjacent to Highway 2A and Highway 401, which are both a 3-minute drive or 2km. There are numerous amenities in the immediate vicinity, including Sir Oliver Mowat Collegiate Institute (3-min drive), Lake Ontario (5-min drive), the Rouge Valley National Urban Park (5-min drive), University of Toronto Scarborough Campus (6-minute drive), Scarborough Town Centre (10-min drive) and the Toronto Zoo (8-min drive). Additionally there are countless restaurants, grocery stores, banks and schools. Rouge Hill GO Train Station is a 5-minute drive from the Site and offers 2-way service between Toronto's Union Station and Oshawa Station along the Lakeshore East GO Line. More details
    Listed by CBRE LIMITED
    LISTING DETAILS
    DARYL KING
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  • 19A Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715670

    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®# W12715670

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

    $519,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12715670
    Bedrooms:
    4
    Bathrooms:
    2
    Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 19B Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715688

    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®# W12715688

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

    $519,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12715688
    Bedrooms:
    4
    Bathrooms:
    2
    Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 5A Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831060

    5A Wanita Road Centennial Scarborough Toronto M1C 1V3
    Main Photo: 5A Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831060

    5A Wanita Road Toronto M1C 1V3 Centennial Scarborough

    $549,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12831060
    VACANT LOT: PART 1 ATTENTION BUILDERS & INVESTORS: This Property Has Been Approved To Build (1) ONE Detached 2800 Sq.Ft Homes, unless the New Owner Prefers to Keep the Existing Detached Side Split with Double Garage. The Existing Brick Detached Side Split sits on One and One-Half Lot. Both Lots Must be Purchased together OR a Builder can purchase both lots and build 2 new homes. CAN NOT Purchase 1 Lot Alone. . This vacant lot must sell with adjacent Lot 5B More details
    Listed by CENTURY 21 PARKLAND LTD.
    LISTING DETAILS
    DARYL KING

  • 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080

    5B Wanita Road Centennial Scarborough Toronto M1C 1V3
    Main Photo: 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080

    5B Wanita Road Toronto M1C 1V3 Centennial Scarborough

    $549,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12831080
    Bedrooms:
    1
    VACANT LOT: PART 2 -- ATTENTION BUILDERS & INVESTORS: This Property Has Been Approved To Build (1) ONE Detached 2800 Sq.Ft Homes, unless the New Owner Prefers to Keep the Existing Detached Side Split with Double Garage. The Existing Brick Detached Side Split sits on One and One-Half Lot. Both Lots Must be Purchased together OR a Builder can purchase both lots and build 2 new homes. CAN NOT Purchase 1 Lot Alone. .This vacant lot must sell with adjacent Lot 5A More details
    Listed by CENTURY 21 PARKLAND LTD.
    LISTING DETAILS
    DARYL KING

  • 898 Eastern Avenue in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E12551998

    898 Eastern Avenue Greenwood-Coxwell Toronto M4L 1A4
    OPEN HOUSE: Mar 21, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, March 21, 2026 2:00PM - 4:00PM
    Main Photo: 898 Eastern Avenue in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E12551998

    898 Eastern Avenue Toronto M4L 1A4 Greenwood-Coxwell

    $580,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12551998
    Bedrooms:
    2
    Bathrooms:
    1
    Discover an excellent opportunity to enter the coveted Leslieville market with this well-located semi-detached home in one of Toronto's most vibrant east-end neighbourhoods. Offering solid fundamentals and plenty of potential, this is an ideal starter home for buyers looking to add their own style and personalization over time. Inside, the main floor features an open living and dining layout with durable vinyl plank flooring and a functional kitchen with ample counter space and a walk-out to a private rear patio. Upstairs, two comfortable bedrooms are complemented by a full bathroom with a skylight and six-foot soaker tub, along with the convenience of upper-level laundry. A fenced backyard with a patio and storage shed provides useful outdoor space in the city.Step outside and enjoy the unbeatable lifestyle this area is known for - surrounded by local breweries, cafés, fitness hubs, doggy daycares, parks, and Queen Street East amenities. Transit and downtown access are effortless, making day-to-day living both convenient and connected. A rare chance to get into a sought-after community and make a space truly your own. More details
    Listed by RE/MAX ICON REALTY
    LISTING DETAILS
    DARYL KING

  • 70A Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12647256

    70A Dunstall Crescent West Hill Toronto M1E 3M4
    Main Photo: 70A Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12647256

    70A Dunstall Crescent Toronto M1E 3M4 West Hill

    $589,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12647256
    Most competitively priced building lot in Toronto. Land parcel now fully registered with its own separate PIN. Located in West Hill, an area characterized by mature streets and ongoing custom home development, with a mix of established residences and newer builds. 8,116 sq. ft. pie-shaped lot with approximately 44' of frontage at the setback line, widening to 66' at the rear, allowing for a functional building footprint. TLAB approved for approx. 4,085 sq. ft. above grade (plans in attachments). Multiplex design possible. Features a large front yard setback for on-site parking, with potential for rear street parking access. Neighbouring parcel 70B Dunstall also available for sale, offering the option to acquire side-by-side lots. Minutes to Rouge Hill GO Station, 401 & Kingston Rd. Close to University of Toronto Scarborough Campus (4km),Centennial College (4km), Centenary Hospital (5km), Pan Am Centre (4km), Rouge Valley trails, and Lake Ontario. Existing house sits on both 70A and &70B Dunstall and is being sold in its current state with no warranties or representations. Taxes not yet assessed. More details
    Listed by REMAX CONNECT REALTY
    LISTING DETAILS
    DARYL KING

  • 70B Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12647258

    70B Dunstall Crescent West Hill Toronto M1E 3M4
    Main Photo: 70B Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12647258

    70B Dunstall Crescent Toronto M1E 3M4 West Hill

    $589,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12647258
    Low-priced per square foot lot in Toronto! Land parcel now fully registered with its own separate PIN. Adjacent parcel 70A Dunstall also available for sale. Located in West Hill, a neighbourhood defined by mature streetscapes and increasing custom home construction. 8,105 sq. ft. pie-shaped lot featuring approximately 46' of frontage measured at the setback line, expanding to 66' along the rear lot line. TLAB approved for approx. 3,957sq. ft. above grade (plans in attachments). Multiplex design possible. The property includes a generous front yard setback for parking, along with potential access from the rear street. Minutes to Rouge Hill GO Station, 401 & Kingston Rd. Close to University of Toronto Scarborough Campus (4km), Centennial College (4km), Centenary Hospital (5km), Pan Am Centre (4km), Rouge Valley trails, and Lake Ontario. Existing house sits on both 70A and 70B Dunstall and is being sold in its current state with no warranties or representations. Taxes not yet assessed. More details
    Listed by REMAX CONNECT REALTY
    LISTING DETAILS
    DARYL KING

  • 68 Greendale Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12406078

    68 Greendale Avenue Rockcliffe-Smythe Toronto M6N 4P6
    Main Photo: 68 Greendale Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12406078

    68 Greendale Avenue Toronto M6N 4P6 Rockcliffe-Smythe

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12406078
    Bedrooms:
    2
    Bathrooms:
    2
    ** Detached Home For The Price of a Condo **Charming Fully Renovated 2-Bedroom, 2-Bathroom Detached Home in Rockcliffe-Smythe** Welcome to this beautifully renovated detached home. Featuring two bedrooms and two modern bathrooms, this home offers comfort and style in every corner. The home has been thoughtfully updated with a brand-new kitchen (2025), sleek new flooring throughout (2025), new electrical (2025), and new windows (2025), with the exception of two. The finished basement adds even more potential for additional living space, perfect for a home office, recreation area, or extra storage. The location is ideal, just steps away from public transit and local schools, making it a perfect choice for families and commuters alike. A new furnace (2020) and a back up generator also adds to the functionality of this home. Potential For Front Yard and rear parking. The images have been virtually staged. Furnishings and decor have been digitally added and may not represent the actual property. More details
    Listed by INTERCITY REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 56 Lightwood Drive in Toronto: Thistletown-Beaumonde Heights House for sale (Toronto W10) : MLS®# W12900600

    56 Lightwood Drive Thistletown-Beaumonde Heights Toronto M9V 2Z2
    OPEN HOUSE: Mar 21, 2026
    12:00 PM - 02:00 PM EDT
    Open House on Saturday, March 21, 2026 12:00PM - 2:00PM
    Main Photo: 56 Lightwood Drive in Toronto: Thistletown-Beaumonde Heights House for sale (Toronto W10) : MLS®# W12900600

    56 Lightwood Drive Toronto M9V 2Z2 Thistletown-Beaumonde Heights

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12900600
    Bedrooms:
    4
    Bathrooms:
    2
    Location! Location! Location! This home is ideal for a first time home buyer, an investor or someone looking to renovate. Discover the opportunity to have a home for the perfect blend of comfort and potential at 56 Lightwood Dr! This 4-level back split offers an abundant of space and versatility for any lifestyle. Hardwood floors, a private driveway, and a large layout, this home is an ideal option for anyone looking to enter the market, and eager investors. With the convenience of nearby schools, parks, transit, and shopping. New Gas Meter. New electrical panel, and Waterproofing with transferrable warranty. More details
    Listed by WOODSVIEW REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12787940

    149 Audrey Avenue Birchcliffe-Cliffside Toronto M1N 2X9
    Main Photo: 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12787940

    149 Audrey Avenue Toronto M1N 2X9 Birchcliffe-Cliffside

    $599,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12787940
    Vacant Land - Build your custom home. 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 - 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

  • 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866392

    3117 St Clair Avenue E Clairlea-Birchmount Toronto M1L 1T9
    Main Photo: 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866392

    3117 St Clair Avenue E Toronto M1L 1T9 Clairlea-Birchmount

    $599,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12866392
    Bedrooms:
    4
    Bathrooms:
    2
    Attention Investors and Builders!! Search No Further! Do Not Miss This Opportunity To Own An Amazing Property In A Prime Location, Development Opportunity to build 2 houses with 4 plex each including Legal basement apartment 1020 Squire feet each floor with 2 bedrooms and 2 washrooms, possible to setup condo corporation for 4 units for 3117 St. Clair Ave East and 4 units for 158 Westbourne Ave. 2 permits are ready to pick up needs to pay (development fee $117,270.36 + TCDSB Education Development Charges $15,680.32 + Parks Levy Payable $11,348.05) Total $144,298.73 for 2 properties. ! Favorably Located Only Steps To Ttc, Parks & Schools And Only Minutes To Shopping, Hwy401 & Dvp, Beaches & Golf Course! More details
    Listed by REALTY 21 INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated March 20, 2026 at 06:15 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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