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1204 Ossington Avenue in Toronto: Wychwood House for sale (Toronto C02) : MLS®# C14145184

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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1204 Ossington Avenue
Wychwood Toronto M6G 3W1

$408,000
Residential Freehold beds: 3+1 baths: 4.0

Main Photo: 1204 Ossington Avenue in Toronto: Wychwood House for sale (Toronto C02) : MLS®# C14145184
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
C14145184
Bedrooms:
3+1
Bathrooms:
4
Excellent Opportunity for Renovators, Investors, and Buyers Looking to Customize a Property to Suit Their Own Needs and Vision! This Property Offers Great Potential for Renovation and Improvement. Property Is Being Sold in "As Is, Where Is" Condition. The Seller and Listing Brokerage Make No Representations or Warranties Regarding the Condition of the Property, Its Systems, Fixtures, or Improvements. Buyers and Their Agents Are Advised to Conduct Their Own Due Diligence and Verify All Information, Including Measurements, Permitted Uses, and Property Condition. Close to great schools, restaurants, shopping, and transit a rare opportunity to own an outstanding investment in a high-demand neighborhood!
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2 1/2 Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
116'
Lot Frontage:
16'
Direction Faces:
West
Bedrooms:
3+1
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
3
Rooms Above Grade:
8
Rooms Below Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Other
Roof:
Shingles
Basement:
Separate Entrance, Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
TBA
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$5,258.59 / 2026
Assessment:
$- / -
Toronto
Toronto C02
Wychwood
Other
Furnace, Hot water Tank
Brick, Other
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Nov 03, 2026
Original Price:
Previous Price:
  • Photo 1: 1204 Ossington Avenue in Toronto: Wychwood House for sale (Toronto C02) : MLS®# C14145184
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Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated November 12, 2026 at 04:15 AM (UTC)
DARYL KING
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.