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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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  • 12R Hastings Avenue in Toronto: South Riverdale House for sale (Toronto E01) : MLS®# E12965162

    12R Hastings Avenue South Riverdale Toronto M4M 3C7
    Main Photo: 12R Hastings Avenue in Toronto: South Riverdale House for sale (Toronto E01) : MLS®# E12965162

    12R Hastings Avenue Toronto M4M 3C7 South Riverdale

    $69,995
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12965162
    Vacant Land in a Laneway in Prime Leslieville! This is a small piece of land. Maybe use as a parking spot or storage space. Located behind 12 Hastings Ave. **22.44 x 12** Ft Lot. May be used as a parking spot or storage space in busy sought after Leslieville. Buyer to due all due diligence on use. More details
    Listed by KELLER WILLIAMS ADVANTAGE REALTY
    LISTING DETAILS
    DARYL KING

  • 107R Woodfield Road in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E13159714

    107R Woodfield Road Greenwood-Coxwell Toronto M4L 2W5
    Main Photo: 107R Woodfield Road in Toronto: Greenwood-Coxwell House for sale (Toronto E01) : MLS®# E13159714

    107R Woodfield Road Toronto M4L 2W5 Greenwood-Coxwell

    $225,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13159714
    Unique, Rare, Incredible opportunity! Legal Address 107R Woodfield Road. This garage is Deeded separately as per legal description. Laneway Housing report attached. Currently a Free Standing Structure - Double Car GARAGE. PERFECT FOR CAR BUFF, STUDIO, GARAGE, WORKSHOP, STORAGE or potential to build. Located at the Corner of A Double Wide Laneway. Currently used by owner as Garage, Solid Structure-updated & rebuilt where needed approx 10 years ago. New Vinyl siding-New Cement floor-New Electrical with New Pole & New Electrical Box-New Spray Insulation-New Roof Shingles -New updated interior (all approx 10 years ago). See attached photos-photos show garage in current condition and previous condition before restoration. NOTE; There is an existing laneway house 2 lots down. Attached laneway report states any new build would require committee of adjustment approval for variances-there is currently no water or sewage connected to this garage. Buyer to do their own Due Diligence. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 40 Hearth Place in Toronto: Highland Creek House for sale (Toronto E10) : MLS®# E13050600

    40 Hearth Place Highland Creek Toronto M1C 0C4
    Main Photo: 40 Hearth Place in Toronto: Highland Creek House for sale (Toronto E10) : MLS®# E13050600

    40 Hearth Place Toronto M1C 0C4 Highland Creek

    $299,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13050600
    Being Sold "As Is-Where Is" More details
    Listed by VI-CORP. R.E. SERVICES LTD.
    LISTING DETAILS
    DARYL KING
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    please create a free account

  • 1600 Finch Avenue W in Toronto: York University Heights House for sale (Toronto W05) : MLS®# W13172054

    1600 Finch Avenue W York University Heights Toronto M3J 1V3
    Main Photo: 1600 Finch Avenue W in Toronto: York University Heights House for sale (Toronto W05) : MLS®# W13172054

    1600 Finch Avenue W Toronto M3J 1V3 York University Heights

    $399,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13172054
    Well-located lot with excellent frontage on Finch Avenue West. This unique parcel offers approximately 120 feet of frontage by 60 feet of depth and presently includes an advertising billboard on the property. Purchasers are advised to conduct their own due diligence with the City of Toronto to confirm zoning, permitted uses, development potential, and the suitability of the property for their intended use. More details
    Listed by HIGH POINT REALTY LIMITED
    LISTING DETAILS
    DARYL KING

  • 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
    To access this listing,
    please create a free account

  • 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

  • 507 Old Weston Road in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W13441062

    507 Old Weston Road Weston-Pellam Park Toronto M6N 1P2
    Main Photo: 507 Old Weston Road in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W13441062

    507 Old Weston Road Toronto M6N 1P2 Weston-Pellam Park

    $525,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13441062
    Shovel-Ready Toronto Development Site! Two lots (505 & 507 Old Weston Rd) sold together with all approvals plus full drawings. Start building ASAP. Perfect for builders looking to capitalize on a ready-to-go project in a thriving urban pocket. Builders, Investors, and End Users, take advantage of Provincial and City incentives! Now is the perfect time to obtain two rare vacant lots for development in Toronto's Junction neighbourhood. Plans and approvals for a gorgeous detached 4-Bedroom 6-Bathroom with Built-in Garage and Patio on each lot are ready to go. Ontario government incentives provide buyer to purchase new home and save the HST, plus builder savings of 50% off development charges make this the perfect time to construct a highly desirable dream home. This ideal location is located steps to a variety of transportation options including Eglinton GO and UP Express Stations providing direct links to Union Station, as well as the dedicated St Clair Streetcar track and newly completed Eglinton Crosstown LRT. This amazing family neighbourhood also features great schools, shopping, and restaurant options. With the current existing incentives this is an opportunity not to be missed! More details
    Listed by PANORAMA R.E. LIMITED
    LISTING DETAILS
    DARYL KING

  • 505 Old Weston Road in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W13441060

    505 Old Weston Road Weston-Pellam Park Toronto M6N 1P2
    Main Photo: 505 Old Weston Road in Toronto: Weston-Pellam Park House for sale (Toronto W03) : MLS®# W13441060

    505 Old Weston Road Toronto M6N 1P2 Weston-Pellam Park

    $564,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13441060
    Client Remks: Shovel-Ready Toronto Development Site! Two lots (505 & 507 Old Weston Rd) sold together with all approvals plus full drawings. Start building ASAP. Perfect for builders looking to capitalize on a ready-to-go project in a thriving urban pocket. Builders, Investors, and End Users, take advantage of Provincial and City incentives! Now is the perfect time to obtain two rare vacant lots for development in Toronto's Junction neighbourhood. Plans and approvals for a gorgeous detached 4-Bedroom 6-Bathroom with Built-in Garage and Patio on each lot are ready to go. Ontario government incentives provide buyer to purchase new home and save the HST, plus builder savings of 50% off development charges make this the perfect time to construct a highly desirable dream home. This ideal location is located steps to a variety of transportation options including Eglinton GO and UP Express Stations providing direct links to Union Station, as well as the dedicated St Clair Streetcar track and newly completed Eglinton Crosstown LRT. This amazing family neighbourhood also features great schools, shopping, and restaurant options. With the current existing incentives this is an opportunity not to be missed! More details
    Listed by PANORAMA R.E. LIMITED
    LISTING DETAILS
    DARYL KING

  • 18 Glasgow Avenue in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E13119114

    18 Glasgow Avenue Clairlea-Birchmount Toronto M1K 1C1
    Main Photo: 18 Glasgow Avenue in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E13119114

    18 Glasgow Avenue Toronto M1K 1C1 Clairlea-Birchmount

    $580,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13119114
    Bedrooms:
    2
    Bathrooms:
    1
    This 2-bedroom bungalow offers approximately 700 sq. ft. of living space with a fenced yard. Featuring a 4-piece bathroom, kitchen, and functional layout, the home is in need of extensive repair or rebuild, presenting an excellent chance for builders, renovators, or investors. Located on a quiet street surrounded by many newer homes, and within walking distance to transit, schools, and parks. Property is being sold in as is, where is condition. Interior walkthroughs are unavailable - Only exterior showings. More details
    Listed by COMFREE
    LISTING DETAILS
    DARYL KING

  • 5 Elward Boulevard in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13039552

    5 Elward Boulevard Oakridge Toronto M1L 3L1
    Main Photo: 5 Elward Boulevard in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13039552

    5 Elward Boulevard Toronto M1L 3L1 Oakridge

    $588,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13039552
    Bedrooms:
    4
    Bathrooms:
    3
    Detached 30 ft frontage 2 Beds Bungalow with 2 x 1 Bedroom Apt in the basement/Walk up. Live in the Main floor. Rent the basement. Will pay your mortgage. Showing with 24 Hour Notice. For more pics look at the previous listings. Survey Attached. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 70A Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E13083782

    70A Dunstall Crescent West Hill Toronto M1E 3M4
    Main Photo: 70A Dunstall Crescent in Toronto: West Hill House for sale (Toronto E10) : MLS®# E13083782

    70A Dunstall Crescent Toronto M1E 3M4 West Hill

    $589,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13083782
    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. Correspondence available from Toronto Forestry in support of the proposed redevelopment. More details
    Listed by REMAX CONNECT REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated June 23, 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.

Get The Royal Treatment

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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