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12 Greypoint Drive
Malvern Toronto M1B 1M1

$799,999
Residential Freehold beds: 3+2 baths: 3.0

Main Photo: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 1: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 2: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 3: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 4: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 5: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 6: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 7: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 8: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 9: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 10: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 11: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 12: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 13: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 14: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 15: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 16: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 17: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 18: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Photo 19: 12 Greypoint Drive in Toronto: Malvern House for sale (Toronto E11)  : MLS®# E12293661
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
E12293661
Bedrooms:
3+2
Bathrooms:
3
Welcome To 12 Greypoint Drive Located In The Heart Of Malvern A Quiet And Friendly Neighborhood. This Freehold Town Home Offers Two Separate Kitchens, Laminate Flooring Throughout , And Ample Parking Space. Perfect For First Time Home Buyers Or Even Investors Looking To Make Positive Cash Flow. The Basement Offers A Full Apartment With Its Own Eat In Kitchen, 2 Bedrooms And A Full 3 Piece Washroom. Located Mins Away From Malvern Town Center, Public Transits, Parks, Hospitals, Schools , And All Essential Amenities.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Property Attached:
Yes
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Depth:
136'
Frontage:
22'
Lot Details:
22.00 x 136.00 Feet
Direction Faces:
West
Bedrooms:
3+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
6
Rooms Below Grade:
3
Rooms:
9
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Available
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
Yes
Possession Details:
30,60,90 days
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$2,700 / 2024
Assessment:
$- / -
Toronto E11
Malvern
Toronto
Auto Garage Door Remote, None
Hot Water Tank
Two Fridges, Two Stoves, Washer And Dryer, Central AC, All Electric Fixtures And Window Coverings
Brick
No
Floor
Type
Size
Other
Main
Living Room
19'2" × 11'5¾"
Combined w/Dining, Laminate, W/O To Yard
Main
Dining Room
19'2" × 11'5¾"
Combined w/Living, Laminate
Main
Kitchen
19'2" × 16'5"
Ceramic Floor, Eat-in Kitchen
Second
Primary Bedroom
15'9" × 12'5¼"
Double Closet, Laminate
Second
Bedroom 2
11'5" × 9'5"
B/I Closet, Laminate
Second
Bedroom 3
11'5" × 9'
B/I Closet, Laminate
Basement
Bedroom 4
9'10" × 8'10"
Closet, Laminate
Basement
Bedroom 5
9'2" × 8'10"
Basement
Kitchen
11'9¾" × 10'6"
Ceramic Floor
UFFI:
No
Utilities Cable:
No
Utilities Telephone:
No
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
Yes
Laundry Level:
Lower Level
Date Listed:
Jul 18, 2025
Original Price:
Previous Price:
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Listed by HOMELIFE/CHAMPIONS REALTY INC.
Data was last updated July 22, 2025 at 07:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$799,999
Min list price:
$720,000
Max list price:
$950,000
Avg days on market:
37
Min days on market:
4
Max days on market:
727
These statistics are generated based on the current listing's property type and located in Malvern. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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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.

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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.