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

Dorset Park Toronto M1P 1R5

$620,000

Residential Freehold beds: 3+1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E13632664

Bedrooms:

3+1

Bathrooms:

1

• Photos (8)

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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!

General Info:

Under Contract:

Hot Water Heater

Property Type:

Residential Freehold

Property Sub Type:

Semi-Detached

Home Style:

2-Storey

Total Approx Floor Area:

700-1100

Lot Depth:

106'32.3 m

Lot Frontage:

30'9.14 m

Direction Faces:

East

Bedrooms:

3+1

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

3

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

6

Rooms Below Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Oil

Foundation:

Concrete Block

Roof:

Asphalt Shingle

Basement:

Finished, Full

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Private

Parking Spaces:

3

Total Parking Spaces:

3.0

Family Room:

No

Possession Details:

Flexible

Pool:

None

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2025

Taxes:

$3,583.34 / 2026

Assessment:

$- / 2025

County:

Toronto

Listing Area:

Toronto E04

Listing Sub-Area:

Dorset Park

Interior Features:

Water Heater

Inclusions:

Existing ELF, Furnace, Oil Tank

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Main

Living Room

14'8"4.47 m × 11'2¼"3.41 m

Overlooks Frontyard, Window, Combined w/Dining

Main

Dining Room

10'8¾"3.27 m × 8'5"2.57 m

Overlooks Backyard, Window, Combined w/Dining

Main

Kitchen

10'2"3.10 m × 9'10"3.00 m

Window

Second

Primary Bedroom

11'7"3.53 m × 10'8"3.25 m

Overlooks Backyard, Large Window, Closet

Second

Bedroom 2

11'9¾"3.60 m × 9'5"2.87 m

Overlooks Frontyard, Closet, Window

Second

Bedroom 3

8'11½"2.73 m × 8'3"2.51 m

Overlooks Frontyard, Closet, Window

Basement

Bedroom

11'9"3.58 m × 8'7"2.62 m

Closet, Above Grade Window

Basement

Utility Room

18'9"5.72 m × 9'5"2.87 m

Basement

Common Room

12'2"3.71 m × 9'6"2.90 m

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Level:

Lower Level

Listing Info:

Date Listed:

Aug 04, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated October 24, 2026 at 01:15 PM (UTC)

Area Statistics

Listings on market:

20

Avg list price:

$761,950

Min list price:

$599,000

Max list price:

$1,199,000

Avg days on market:

22

Min days on market:

1

Max days on market:

82

These statistics are generated based on the current listing's property type and located in Toronto E04. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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:

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• Houses for Sale near Caledonia and Eglinton West
• Condos for Sale in Toronto Under $400K
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• Brampton Homes For Sale
• Uxbridge Homes For Sale
• Vaughan Homes For Sale
• Stouffville Homes For Sale
• Mississauga Homes For Sale

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.