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

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
Humber Summit Toronto M9L 1C9

$699,000
Residential Freehold beds: 0 baths: 0.0

Main Photo: 130 Rowntree Mill Road in Toronto: Humber Summit House for sale (Toronto W05) : MLS®# W12248458
Status:
Active
Prop. Type:
Residential Freehold
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.
Property Type:
Residential Freehold
Property Sub Type:
Vacant Land
Home Style:
Other
Lot Size:
<.50
Lot Depth:
124'7"
Lot Frontage:
72'1½"
Lot Shape:
Rectangular
Lot Details:
72.12 x 124.57 Feet
Direction Faces:
East
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Rooms:
0
Fractional Ownership:
No
Assignment:
No
Heating type:
Other
Foundation:
Other
Roof:
Other
Basement:
None
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,100 / 2024
Assessment:
$- / -
Toronto
Toronto W05
Humber Summit
Clear View, Park, School, Public Transit, Sloping, Wooded/Treed
None
Privacy
Other
No
None
Other
None
South
Garden, Park/Greenbelt
Other
Utilities Cable:
No
Utilities Telephone:
No
Utilities Gas:
No
Utilities Hydro:
No
Utilities Water:
Yes
Sewers:
Yes
Sewage:
Municipal Available
Special Designation:
Unknown
Sewers:
Sewer
Central Vacuum:
No
Seller Property Info Statement:
Yes
Physically Handicapped-Equipped:
No
Date Listed:
Jun 26, 2025
Original Price:
Previous Price:
  • Photo 1: 130 Rowntree Mill Road in Toronto: Humber Summit House for sale (Toronto W05) : MLS®# W12248458
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Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated May 4, 2026 at 02:15 PM (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.