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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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  • 130 Rowntree Mill Road in Toronto: Humber Summit House for sale (Toronto W05) : MLS®# W12248458

    130 Rowntree Mill Road Humber Summit Toronto M9L 1C9
    Main Photo: 130 Rowntree Mill Road in Toronto: Humber Summit House for sale (Toronto W05) : MLS®# W12248458

    130 Rowntree Mill Road Toronto M9L 1C9 Humber Summit

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12248458
    Great opportunity!! A vacant lot available to built your dream home in a great area. Very attractive scenic views. Don't miss this opportunity to built your dream house in a great neighborhood. More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
    LISTING DETAILS
    DARYL KING

  • 2 Marsh Road in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12743054

    2 Marsh Road Clairlea-Birchmount Toronto M1K 1Y7
    Main Photo: 2 Marsh Road in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12743054

    2 Marsh Road Toronto M1K 1Y7 Clairlea-Birchmount

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12743054
    Bedrooms:
    2
    Bathrooms:
    2
    Bright and spacious detached bungalow located on a quiet, family-friendly street in the heart of Scarborough. Enjoy excellent connectivity with quick access to TTC bus routes and just minutes to Kennedy and Warden subway stations, making commuting across the city effortless.Surrounded by established neighbourhood amenities, the home is close to highly regarded schools, local parks, Scarborough Bluffs, and nearby beaches, offering a balanced urban-meets-nature lifestyle. Shopping, dining, and everyday conveniences are all within easy reach.This brand-new, fully renovated bungalow presents an outstanding alternative to condo living. Thoughtfully designed, it features a vaulted ceiling, modern lighting, a premium appliance package including a Whirlpool gas stove, and new engineered hardwood flooring throughout-delivering style, comfort, and long-term value in a well-connected community. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 20 PRESTON Street in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12761084

    20 PRESTON Street Birchcliffe-Cliffside Toronto M1N 3N1
    Main Photo: 20 PRESTON Street in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12761084

    20 PRESTON Street Toronto M1N 3N1 Birchcliffe-Cliffside

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12761084
    Bedrooms:
    3
    Bathrooms:
    2
    ***PRIME LOCATION*** TRULY UNIQUE****. A rare cottage-in-the-city offering charm, flexibility, and serious potential. Ideal for homeowners, investors, or multi-generational living, this property features two separate living spaces: a self-contained studio and a two-bedroom apartment. The 162-ft deep, fully fenced lot is perfect for relaxing, entertaining, or enjoying peaceful outdoor time-a true gem in the heart of the city. Recent upgrades include new windows, two independent heat pumps, and a tankless water heater, providing year-round comfort and improved energy efficiency. Perfectly located just minutes from Lakeshore, Highview Park, and schools, with easy access to the beach, Scarborough GO, subway, the Bluffs, and a vibrant mix of shops, cafés, and restaurants. More details
    Listed by EXP REALTY and ANCHOR NEW HOMES INC.
    LISTING DETAILS
    DARYL KING

  • 7 Nickle Street in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12816692

    7 Nickle Street Mount Dennis Toronto M6M 2H7
    Main Photo: 7 Nickle Street in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12816692

    7 Nickle Street Toronto M6M 2H7 Mount Dennis

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12816692
    Bedrooms:
    5
    Bathrooms:
    3
    Exceptional Investment Opportunity In The Heart Of York! Welcome To 7 Nickle St, A Rare Offering Featuring A Flexible Multi-Level Layout With Excellent Income Potential In A Highly Convenient Location. This Property Offers Multiple Self-Contained Living Areas Across Four Levels, Providing Versatility For Investors, Multi-Generational Families, Or End Users Seeking Mortgage Helper Potential. Functional Separation Between The Main Floor, Second Floor, And Basement Enhances Privacy And Expands Rental Configuration Options. Ideally Situated With Easy Access To Major Transportation Routes, This Property Is Just Minutes To Downtown Toronto And Within Close Proximity To The Eglinton LRT, TTC Transit, And Major Roadways, Providing SeamlessConnectivity Across The City. Nearby Amenities Include Schools, Parks, Shopping, Restaurants, And Everyday Conveniences, Making This A Highly Desirable Rental Location. A Strategic Addition To Any Investment Portfolio With Strong Income And Future Growth Potential. This Property Sold in "As-is" Condition. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 160 Silverthorn Avenue in Toronto: Keelesdale-Eglinton West House for sale (Toronto W03) : MLS®# W12888510

    160 Silverthorn Avenue Keelesdale-Eglinton West Toronto M6N 3K3
    Main Photo: 160 Silverthorn Avenue in Toronto: Keelesdale-Eglinton West House for sale (Toronto W03) : MLS®# W12888510

    160 Silverthorn Avenue Toronto M6N 3K3 Keelesdale-Eglinton West

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12888510
    Bedrooms:
    3
    Bathrooms:
    4
    Attention builders, contractors, and investors-this is your chance to create something special in Toronto's vibrant Keelesdale-Eglinton West community. The home sits on a deep 116-foot lot with front parking pad and a generous backyard, offering plenty of potential for a full rebuild or thoughtful redesign. Thriving neighbourhood, where daily life revolves around walkable streets, quick TTC access, and a mix of local bakeries, cafés, shops, and schools just a short stroll away. And being just South of Rogers Road puts you close to everything that makes this pocket of the West End so connected and convenient. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 4 Curlew Drive in Toronto: Parkwoods-Donalda House for sale (Toronto C13) : MLS®# C12922178

    4 Curlew Drive Parkwoods-Donalda Toronto M3A 0A8
    Main Photo: 4 Curlew Drive in Toronto: Parkwoods-Donalda House for sale (Toronto C13) : MLS®# C12922178

    4 Curlew Drive Toronto M3A 0A8 Parkwoods-Donalda

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12922178
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this beautiful 2-bedroom, 1-bathroom freehold townhouse. This property includes many upgrades, unique features, and an underground parking, sheltering you and your vehicle from the elements. The well-designed floor plan maximizes the available living and entertainment space. The main floor boasts roughly 9.5 foot ceilings and floor-to-ceiling windows for an abundance of natural light. The kitchen is appointed with full-sized stainless steel appliances and a gorgeous built-in oven and cooktop. This unit is also one of the only few units that includes a full-sized semi-finished basement, with included rough-in plumbing for a second bathroom, and features a private entrance into and out of the unit from the underground garage. The rooftop also features a full-sized wrap-around terrace spanning the length and width of the home and is equipped with a natural gas line connection. Excellent space for relaxing, hosting, get-togethers and barbecues. Situated in the highly desirable Parkwoods-Donalda neighbourhood with easy access to the DVP/404, 401, and an abundance of shops and restaurants, all just minutes away. TTC access is also located just across the street from the home. Upgraded features:- Remote and wand controlled blinds on the main floor and curtain rods on the second (2.5K value) - Oak hardwood throughout the house (including the stairs) - Upgraded kitchen cabinets (hardwood) and countertop - Upgraded bathroom tiles and countertop More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 133 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972668

    133 Jersey Avenue Palmerston-Little Italy Toronto M6G 3A5
    Main Photo: 133 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972668

    133 Jersey Avenue Toronto M6G 3A5 Palmerston-Little Italy

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12972668
    A truly rare opportunity in the heart of Toronto's sought-after Palmerston-Little Italy neighbourhood. Offered as a package, 129, 131 & 133 Jersey Avenue present three premium residential lots, perfectly positioned and primed for redevelopment.This is an ideal opportunity for builders, investors, or end-users looking to create something special. The properties are well-suited for a townhouse development, with existing plans already prepared by the seller. Buyers will have the opportunity to take over and proceed with their own building permit application, allowing flexibility to bring their vision to life.Located on a quiet residential street with rear laneway access, the potential here is exceptional-whether you're looking to build custom homes, explore income-generating opportunities, or design your dream residence in the city.Surrounded by some of Toronto's most vibrant amenities-just steps to Little Italy, Christie Pits Park, Bickford Park, transit, restaurants, cafés, and boutique shops-this location continues to see strong demand and long-term growth.Opportunities like this are increasingly rare in the Toronto core. All three lots must be purchased together. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 129 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972670

    129 Jersey Avenue Palmerston-Little Italy Toronto M6G 3A5
    Main Photo: 129 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972670

    129 Jersey Avenue Toronto M6G 3A5 Palmerston-Little Italy

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12972670
    A truly rare opportunity in the heart of Toronto's sought-after Palmerston-Little Italy neighbourhood. Offered as a package, 129, 131 & 133 Jersey Avenue present three premium residential lots, perfectly positioned and primed for redevelopment.This is an ideal opportunity for builders, investors, or end-users looking to create something special. The properties are well-suited for a townhouse development, with existing plans already prepared by the seller. Buyers will have the opportunity to take over and proceed with their own building permit application, allowing flexibility to bring their vision to life.Located on a quiet residential street with rear laneway access, the potential here is exceptional-whether you're looking to build custom homes, explore income-generating opportunities, or design your dream residence in the city.Surrounded by some of Toronto's most vibrant amenities-just steps to Little Italy, Christie Pits Park, Bickford Park, transit, restaurants, cafés, and boutique shops-this location continues to see strong demand and long-term growth.Opportunities like this are increasingly rare in the Toronto core. All three lots must be purchased together. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 131 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972672

    131 Jersey Avenue Palmerston-Little Italy Toronto M6G 3A5
    Main Photo: 131 Jersey Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12972672

    131 Jersey Avenue Toronto M6G 3A5 Palmerston-Little Italy

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12972672
    A truly rare opportunity in the heart of Toronto's sought-after Palmerston-Little Italy neighbourhood. Offered as a package, 129, 131 & 133 Jersey Avenue present three premium residential lots, perfectly positioned and primed for redevelopment.This is an ideal opportunity for builders, investors, or end-users looking to create something special. The properties are well-suited for a townhouse development, with existing plans already prepared by the seller. Buyers will have the opportunity to take over and proceed with their own building permit application, allowing flexibility to bring their vision to life.Located on a quiet residential street with rear laneway access, the potential here is exceptional-whether you're looking to build custom homes, explore income-generating opportunities, or design your dream residence in the city.Surrounded by some of Toronto's most vibrant amenities-just steps to Little Italy, Christie Pits Park, Bickford Park, transit, restaurants, cafés, and boutique shops-this location continues to see strong demand and long-term growth.Opportunities like this are increasingly rare in the Toronto core. All three lots must be purchased together. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 285 Robina Avenue in Toronto: Oakwood Village House for sale (Toronto C03) : MLS®# C12973858

    285 Robina Avenue Oakwood Village Toronto M6C 3Y9
    Main Photo: 285 Robina Avenue in Toronto: Oakwood Village House for sale (Toronto C03) : MLS®# C12973858

    285 Robina Avenue Toronto M6C 3Y9 Oakwood Village

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    C12973858
    Bedrooms:
    2
    Bathrooms:
    2
    Don't miss this rare opportunity to own a stylish 2-bedroom bungalow on a quiet, desirable street in one of the city's most sought-after neighbourhoods. This charming, move-in-ready home is perfect for first-time buyers or investors, featuring brand new flooring, a fully renovated kitchen, and a beautifully updated main floor bathroom for a fresh, modern feel throughout. A separate rear entrance leads directly to the basement, offering excellent potential for an in-law suite or future rental income. Located just steps from Cedarvale Park and a short walk to the vibrant St. Clair West strip, you'll enjoy easy access to shops, restaurants, the subway, and the now-open Eglinton Crosstown LRT, with the TTC and Allen Road also close by. With a mutual right-of-way and a prime location in a high-demand urban pocket, this home offers comfort, style, and exciting future potential. More details
    Listed by PSR
    LISTING DETAILS
    DARYL KING

  • 2014 Lawrence Avenue W in Toronto: Weston House for sale (Toronto W04) : MLS®# W12989436

    2014 Lawrence Avenue W Weston Toronto M9N 1H4
    Main Photo: 2014 Lawrence Avenue W in Toronto: Weston House for sale (Toronto W04) : MLS®# W12989436

    2014 Lawrence Avenue W Toronto M9N 1H4 Weston

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12989436
    Bedrooms:
    4
    Bathrooms:
    2
    Attention all first time homebuyers! Welcome to 2014 Lawrence Avenue West -a solid detached home set on a 30 by 96 feetlot with a private drive and a detached garage with exceptional transit access located across from a bus stop, plaza and just steps to Lawrence Weston Express / Weston GO Station. This property offers unbeatable convenience for commuters, with easy access to major highways.Surrounded by everyday essentials, you are close to schools, grocery stores, shops, parks, churches, and plaza - making this an ideal location for families, professionals, or investors alike. The home features three spacious bedrooms, along with separate living and dining rooms and a finished basement offering a functional layout. Whether you are looking to move in, renovate or invest, the possibilities here are endless. More details
    Listed by HARVEY KALLES REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 24 Queensdale Avenue in Toronto: Danforth Village-East York House for sale (Toronto E03) : MLS®# E12990888

    24 Queensdale Avenue Danforth Village-East York Toronto M4J 1X9
    OPEN HOUSE: Apr 18, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, April 18, 2026 2:00PM - 4:00PM
    OPEN HOUSE: Apr 19, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, April 19, 2026 2:00PM - 4:00PM
    Main Photo: 24 Queensdale Avenue in Toronto: Danforth Village-East York House for sale (Toronto E03) : MLS®# E12990888

    24 Queensdale Avenue Toronto M4J 1X9 Danforth Village-East York

    $699,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12990888
    Bedrooms:
    2
    Bathrooms:
    1
    Beautifully updated 2-bedroom, 1-bathroom East York gem, tucked away on a quiet, family-friendly street. With nearly 1,000 total living square feet, the open-concept layout features an updated kitchen (2022) designed for both everyday living and entertaining, with a seamless walk-out to the backyard-perfect for indoor-outdoor living. New appliances (2021). South-facing exposure fills the home with natural light throughout the day, creating a warm and welcoming atmosphere from the moment you enter from enjoying your morning coffee on the front porch. The sun-filled primary bedroom offers an abundance of natural light and a generously sized closet, providing a comfortable and functional retreat. The lower level adds valuable living space with a separate family room, a dedicated office area, and plenty of storage to meet work-from-home and organizational needs. Host friends and family in the private backyard-ideal for summer gatherings or a quiet evening under the stars. Just a short walk to the Danforth, with easy access to transit, restaurants, cafés, and local shops, this home offers the perfect blend of comfort, convenience, and community in the heart of East York. More details
    Listed by BOSLEY REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING
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Data was last updated April 16, 2026 at 03:15 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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