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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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  • 139 Vauxhall Drive in Toronto: Dorset Park House for sale (Toronto E04) : MLS®# E13632664

    139 Vauxhall Drive Dorset Park Toronto M1P 1R5
    Main Photo: 139 Vauxhall Drive in Toronto: Dorset Park House for sale (Toronto E04) : MLS®# E13632664

    139 Vauxhall Drive Toronto M1P 1R5 Dorset Park

    $620,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13632664
    Bedrooms:
    4
    Bathrooms:
    1
    Great potential for garden suite-See attached zoning report-Pic 3&4 are virtually designed to show potential **Best Alternate to Condo Living**Great potential for Garden suite-See attached zoning report**Attention Investors, Renovators & Contractors! Incredible opportunity to transform this 3-bedroom semi-detached home in the highly sought-after Dorset Park community of Scarborough. Situated on a quiet, family-friendly street close to public and catholic schools, transit, parks, and major shopping centres, this property offers exceptional potential for those looking to renovate. The home is being offered in as-is condition and requires renovations throughout, making it an ideal project for investors, flippers, or buyers looking to create their dream home. Features include a functional layout, a basement with above ground large window, a driveway with parking for three vehicles, and a large fully fenced backyard with mature fruit trees (total 1528.48 SQFT). The generous lot, desirable location, and solid footprint provide an excellent foundation for a complete renovation. Whether you're planning a full remodel or a value-add investment, this property presents a rare opportunity to unlock its full potential in an established neighbourhood with strong demand. Bring your vision, your contractor, and your imagination-this is a true handyman special with endless possibilities! More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 103 Donside Drive in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E13859098

    103 Donside Drive Clairlea-Birchmount Toronto M1L 1P9
    Main Photo: 103 Donside Drive in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E13859098

    103 Donside Drive Toronto M1L 1P9 Clairlea-Birchmount

    $624,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13859098
    Bedrooms:
    2
    Bathrooms:
    2
    Attention investors, renovators, contractors, and first-time buyers with vision! This detached home in the highly sought-after Clairlea-Birchmount community offers an exceptional opportunity to renovate, rebuild, or create your dream home. This property is brimming with potential and awaits your personal touch. You'll enjoy convenient access to Victoria Park Station, large Warden Woods park, schools, shopping, restaurants, and major commuter routes. Whether you're looking for your next investment project or a chance to customize a home from the ground up, this is a rare opportunity in a thriving east Toronto location. Bring your imagination and unlock the full potential of this property! More details
    Listed by ACCSELL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 14 Marshall Boulevard in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W13808654

    14 Marshall Boulevard Rockcliffe-Smythe Toronto M6N 2R7
    Main Photo: 14 Marshall Boulevard in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W13808654

    14 Marshall Boulevard Toronto M6N 2R7 Rockcliffe-Smythe

    $625,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13808654
    Bedrooms:
    3
    Bathrooms:
    1
    Incredible opportunity for builders, renovators, and investors! This detached bungalow is sold in as-is condition on a25' x 120' lot, offering a wide range of possibilities: a full top-to-bottom renovation to suit your taste, or a tear-down to build the home of your dreams from the ground up. Situated on a quiet, low-traffic dead-end street, this property offers a rare combination of privacy and central convenience - no through-traffic, no rushing cars, just a peaceful setting to call home. Ideal for an end user ready to design a custom home, or an investor looking to unlock value through renovation or new construction. Buyers are advised to independently verify all measurements, lot dimensions, zoning designations, permitted uses. Property and land being sold in "as-is, where-is" condition; seller makes no representations or warranties. Don't miss this rare opportunity to invest in a peaceful, dead-end pocket with real long-term potential! More details
    Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
    LISTING DETAILS
    DARYL KING

  • 48 Daisy Avenue in Toronto: Long Branch House for sale (Toronto W06) : MLS®# W13848370

    48 Daisy Avenue Long Branch Toronto M8W 1S1
    Main Photo: 48 Daisy Avenue in Toronto: Long Branch House for sale (Toronto W06) : MLS®# W13848370

    48 Daisy Avenue Toronto M8W 1S1 Long Branch

    $629,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13848370
    Bedrooms:
    2
    Bathrooms:
    1
    Great opportunity to build new home or investment property in desirable South Etobicoke. This premium lot measures 25 x 125 ft, offering excellent potential for redevelopment or a custom build. Located in a sought-after neighborhood with convenient access to parks, schools, transit, and local amenities. A rare chance to secure land in a rapidly growing area. More details
    Listed by ROYAL LEPAGE PORRITT REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • 41 Gowan Avenue in Toronto: Broadview North House for sale (Toronto E03) : MLS®# E13876550

    41 Gowan Avenue Broadview North Toronto M4K 2C8
    Main Photo: 41 Gowan Avenue in Toronto: Broadview North House for sale (Toronto E03) : MLS®# E13876550

    41 Gowan Avenue Toronto M4K 2C8 Broadview North

    $629,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13876550
    Bedrooms:
    2
    Bathrooms:
    2
    Set in a family-friendly neighbourhood, this semi-detached home presents an excellent opportunity to renovate, reimagine, or explore a potential condo alternative. The property features a spacious 125-ft-deep lot with a large backyard, a living room,dining area, a bedroom overlooking the rear garden, a kitchen walk-out, hardwood floors, windows throughout, a 4-piece bathroom, and a garden shed.The legal front-yard parking adds valuable convenience, while the generous lot offers plenty of outdoor space and future possibilities.Enjoy a great location close to parks, schools, East York Community Centre, TTC, the Danforth's vibrant shopping and dining, Broadview Subway Station, and the DVP. The future Cosburn Subway Station on the Ontario Line adds to the area's long-term appeal and connectivity. An excellent opportunity to create a home tailored to your vision in a well-established and increasingly connected East York community. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 203 William Street in Toronto: Weston House for sale (Toronto W04) : MLS®# W13843194

    203 William Street Weston Toronto M9N 2H2
    Main Photo: 203 William Street in Toronto: Weston House for sale (Toronto W04) : MLS®# W13843194

    203 William Street Toronto M9N 2H2 Weston

    $629,000
    Residential Freehold
    Status:
    Active Under Contract
    MLS® Num:
    W13843194
    Bedrooms:
    2
    Bathrooms:
    1
    Exceptional Opportunity In Weston Village To Create Your Dream Home. Situated On A Quiet, Family-Friendly Street, This Detached Bungaloft Offers Incredible Potential For Renovators, Investors, Contractors, Or Buyers Looking To Customize A Home To Their Own Tastes And Needs. The Property Currently Offers 2 Bedrooms, 1 Washrooms, A Functional Layout, And A Finished Basement & Garage Access. While The Home Requires Substantial Renovation And Updating Throughout, It Presents A Rare Opportunity To Reimagine And Transform The Space Into A Beautiful Family Residence Or Income-Generating Property. Set On A Generous Lot With A Private Driveway And Ample Outdoor Space, The Property Offers A Solid Foundation For Those With Vision. Located In The Heart Of Weston Village, Residents Will Enjoy Exceptional Convenience With Easy Access To The UP Express, TTC, Mt. Dennis LRT, Highways 400, 401 And 407, York University, Schools, Parks, Shops, Local Amenities, And Scenic Humber River Trails. A Fantastic Opportunity To Renovate, Rebuild, Or Create Long-Term Value In One Of Toronto's Rapidly Evolving Neighbourhoods. More details
    Listed by Royal LePage Frank Real Estate
    LISTING DETAILS
    DARYL KING

  • 19 Kenworthy Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13713788

    19 Kenworthy Avenue Oakridge Toronto M1L 3B1
    Main Photo: 19 Kenworthy Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13713788

    19 Kenworthy Avenue Toronto M1L 3B1 Oakridge

    $629,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13713788
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome Home To Your Charming East-End Retreat Tucked Away On A Quiet Dead-End Street In Toronto's Oakridge Community. This Inviting Home Offers An Exceptional Combination Of Comfortable Living, Outdoor Space & Future Flexibility On A Deep 20 X 137.42 Ft Lot. Imagine Starting Your Mornings With Coffee On The Front Porch, Spending Afternoons In The Expansive Backyard & Having Parks, Schools, Transit, Shopping, Restaurants & Everyday Essentials All Close To Home. Commuting Across The City Is Effortless W/ Convenient Access To Victoria Park Station, Main Street Station & Danforth GO, While Toronto's Vibrant East-End Neighbourhoods Are Just Minutes Away. Inside, The Well-Maintained 2+1 Bedroom, 2 Full Bathroom Layout Offers Versatility For A Variety Of Lifestyles. The Bright & Functional Main Floor Provides A Warm, Welcoming Place To Call Home, While The Finished Lower Level W/ Separate Entrance & Full-Size Kitchen Opens The Door To Endless Possibilities - Ideal For Extended Family, Guests, A Home Office Or Additional Income Potential. Enjoy Added Peace Of Mind W/ An Owned Furnace, Air Conditioning & Hot Water Tank, Helping Provide Low-Maintenance Ownership Without Monthly Equipment Rental Fees. Front Pad Parking Adds Everyday Convenience, While The Deep Backyard Offers Plenty Of Room For Entertaining, Gardening, Recreation Or Future Possibilities. For Buyers Looking To Maximize The Property's Potential, Estimated Market Rents Total Approximately $3,850/Month, W/ A Detailed Investment Feature Sheet & Garden Suite Report Available To Highlight Additional Opportunities. Whether You're A First-Time Buyer, Multi-Generational Family Or Savvy Investor, 19 Kenworthy Avenue Delivers An Appealing Combination Of Lifestyle, Location, Flexibility & Long-Term Value In One Of Toronto's Growing East-End Communities. More details
    Listed by Signature Elite Realty Ltd.
    LISTING DETAILS
    DARYL KING

  • 58B 740 Kennedy Road in Toronto: Ionview House for sale (Toronto E04) : MLS®# E14031152

    58B 740 Kennedy Road Ionview Toronto M1K 2C5
    Main Photo: 58B 740 Kennedy Road in Toronto: Ionview House for sale (Toronto E04) : MLS®# E14031152

    58B 740 Kennedy Road Toronto M1K 2C5 Ionview

    $629,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E14031152
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome to 740 Kennedy Road, Unit 58B - Where Style, Space & Convenience Come Together! Discover this beautifully updated and meticulously maintained home offering over 1,700 sq. ft. of total living space in the heart of Scarborough's highly convenient Kennedy and Eglinton neighbourhood! With the feel of a semi-detached home, attached on only one side, this bright and spacious 2+1 bedroom residence offers the perfect combination of comfort, privacy and modern living. Step inside to a sun-filled, open-concept main floor featuring a generous living room with hardwood flooring and pot lights, seamlessly flowing into a stunning renovated eat-in kitchen. Beautifully appointed with marble flooring, quartz countertops, stylish backsplash, stainless steel appliances, built-in microwave, dishwasher and breakfast bar, this inviting space is perfect for everyday living and entertaining. Sliding glass doors lead to your own private, south-facing backyard oasis, complete with a newer deck (2024) and low-maintenance outdoor space, ideal for summer gatherings or simply relaxing. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated 5-piece bathroom (2023). The finished lower level adds exceptional versatility with a spacious recreation room, additional bedroom featuring an above-grade window and double closet, plus a convenient 4-piece bathroom, perfect for guests, extended family or a home office. Thoughtfully updated from top to bottom, this move-in-ready, carpet-free home features upgraded light fixtures, smooth second-floor ceilings, some newer windows, roof (2019) and furnace (2026). Ideally situated in one of Scarborough's most accessible neighbourhoods, just steps to the Eglinton subway and Eglinton Crosstown LRT, with schools, shopping, parks, public transit and an abundance of everyday amenities nearby. A fantastic opportunity to enjoy spacious, stylish, low-maintenance living in an unbeatable location. Simply move in and enjoy! More details
    Listed by CENTURY 21 PERCY FULTON LTD.
    LISTING DETAILS
    DARYL KING

  • 195 Islington Avenue in Toronto: New Toronto House for sale (Toronto W06) : MLS®# W13786212

    195 Islington Avenue New Toronto Toronto M8V 3B8
    Main Photo: 195 Islington Avenue in Toronto: New Toronto House for sale (Toronto W06) : MLS®# W13786212

    195 Islington Avenue Toronto M8V 3B8 New Toronto

    $639,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13786212
    Bedrooms:
    2
    Bathrooms:
    2
    {STEP INSIDE} Welcome to this freehold semi-detached home in New Toronto, where the big-ticket updates are already done. The newly renovated main floor features new flooring, an improved open-concept layout connecting the living room and kitchen, plus updated heating and A/C. Enjoy your own backyard, a rare neighbourhood bonus with the detached garage, and the added value of freehold ownership with no condo fees. {MAIN LEVEL} Vinyl flooring runs from the foyer through the living room, dining rm, kitchen & mudroom for one continuous, low-maintenance surface. Living rm and dining rm have their own windows, so the space stays bright. Kitchen is set up to cook in: stainless steel fridge, stove, range & oversized hood, sink at the window. Main flr laundry with washer, dryer & laundry tub means no hauling loads upstairs. Mudroom gives direct access to the backyard, the natural path in & out. 2pc powder rm for guests. {UPPER LEVEL} Primary bdrm & 2nd bdrm both have their own mini split a/c plus baseboard heat, so each rm controls its own comfort instead of fighting the rest of the house for it. Walk-in closet off primary could stay a closet or become a home office/Play Pen. The Den offers flexible work-from-home setup without giving up a bdrm. 4pc bath finishes the flr with ceramic flooring throughout. {LOCATION} Located in New Toronto, a walkable stretch of South Etobicoke's Lakeshore community. Islington Jr Middle School (TDSB, JK-8) is nearby, along with Lakeshore Collegiate Institute (secondary) & St. Elizabeth Catholic School (TCDSB). Lake Shore Blvd W is a short walk for shops, cafes & restaurants, & Colonel Samuel Smith Park with its waterfront trail along Lake Ontario is close enough for a regular routine, not just a weekend trip. TTC's 501 Queen streetcar runs along Lake Shore, Mimico GO Station is nearby for downtown commuters, & the Gardiner Expwy & Hwy 427 are both within easy reach. More details
    Listed by CITYSCAPE REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 31 Thora Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13855862

    31 Thora Avenue Oakridge Toronto M1L 2P7
    Main Photo: 31 Thora Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E13855862

    31 Thora Avenue Toronto M1L 2P7 Oakridge

    $639,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13855862
    Bedrooms:
    2
    Bathrooms:
    2
    STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity? This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner!Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at home. The separate, formal kitchen is a dream for those who love to cook (and a great place to close the door and hide the mess!). With tons of cupboard and counter space, there is plenty of room for family meals and entertaining friends. The main floor keeps getting better. One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.Need more room? You've got it! The basement offers excellent ceiling height and above-grade windows, making it incredibly versatile for guests, in-laws, family, a home office or additional living space. Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted use and requirements. Outside, you've got a mutual drive, parking and a sizeable garage - a rare and valuable bonus in the city.And then there's the location! You get the best of both worlds - tucked into a great neighbourhood while being just minutes from the funky shops, restaurants and cafés of Kingston Road/Upper Beach-with the Danforth right at the end of the street. TTC is close by, and a quick walk gets you to the GO Train, making commuting to the core a breeze. Add in great schools, parks, shopping, big-box stores and plenty of everyday conveniences, and you've got a home that checks a whole lot of boxes.Whether you're a first-time buyer, downsizer, investor or simply looking for a great place to call home, 31 Thora Avenue is one you don't want to miss! More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 82 Beechwood Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W13740012

    82 Beechwood Avenue Rockcliffe-Smythe Toronto M6N 4T3
    Main Photo: 82 Beechwood Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W13740012

    82 Beechwood Avenue Toronto M6N 4T3 Rockcliffe-Smythe

    $649,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W13740012
    Bedrooms:
    3
    Bathrooms:
    2
    Fantastic opportunity to own a charming detached 1.5-storey home on a quiet dead-end street in a family-friendly neighbourhood. This well-maintained property offers 2 bedrooms and is an ideal fit for first-time buyers or those looking to transition from condo living into a detached home. Enjoy a functional layout with comfortable living space and a private backyard, perfect for family gatherings, summer BBQs, or simply relaxing outdoors. Unbeatable location just steps to the Mount Dennis Transit Hub, providing convenient access to the Eglinton LRT, UP Express, and TTC, making commuting across the city simple and efficient. Street parking available with City of Toronto Parking permit. A great opportunity to enter the market and own a detached home in a growing, well-connected community. More details
    Listed by RE/MAX ULTIMATE REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 21 Orley Avenue in Toronto: Woodbine-Lumsden House for sale (Toronto E03) : MLS®# E13755638

    21 Orley Avenue Woodbine-Lumsden Toronto M4C 2B8
    Main Photo: 21 Orley Avenue in Toronto: Woodbine-Lumsden House for sale (Toronto E03) : MLS®# E13755638

    21 Orley Avenue Toronto M4C 2B8 Woodbine-Lumsden

    $649,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E13755638
    Location, Location Location! Attention Builders, Contractors & Investors ! Here is your opportunity to own a prime 25 by 100 Ft lot in the high sought after Woodbine-Lumsden in East York. Build just the way you like it & make this your dream home. Great for contractors or Builders. House being sold "As is where is" condition. More details
    Listed by HOMELIFE MAPLE LEAF REALTY LTD.
    LISTING DETAILS
    DARYL KING
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Data was last updated October 16, 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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