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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2 7 Brimley Road S

Cliffcrest Toronto M1M 3W3

$449,000

Residential Freehold beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E12361405

Bedrooms:

1

Bathrooms:

1

• Photos (36)

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Life on the lake takes on a whole new meaning in this 55-foot custom floating villa at Bluffer's Park Marina in the beautiful Scarborough Bluffs. Purpose-built for year-round comfort, it blends modern design, smart engineering, and the unique character of a close-knit waterfront community where neighbours are always ready to lend a hand or share in the many activities that keep life on the dock lively. The heart of the home is the chef's kitchen, featuring a marble island, full-size appliances (fridge, freezer, dishwasher, propane stove/oven with extractor hood, microwave) and a high-end beverage fridge all framed by panoramic lake views. Throughout the home, you'll find radiant heated floors, commercial-grade flooring and high-performance insulation for year-round comfort. Premium features also include split-system air conditioning, HRV ventilator, front-load washer/dryer, two TVs, dual black water tanks, a hybrid hot water on-demand system, LED lighting and dumawall waterproof, mold-proof tile. A low-maintenance winter bubbling package ensures peace of mind in cold months. Conveniently located on a desirable landside dock, this home offers easy access to parking as well as outdoor landscaped deck space perfect for entertaining or simply relaxing. Step out the other way to your private cedar deck, where you can kayak, watch the swans or simply unwind. Within minutes you can stroll two sandy beaches, explore walking and biking trails, or join one of three nearby yacht and sailing clubs. On-site you'll also find a restaurant, pub and snack bar, with shops just a short drive away. Getting downtown is easy drive to the financial district in under 45 minutes or take public transit right to your home. Whether you live here year-round or use it as the ultimate in-town vacation spot, you'll experience tranquil waterfront living unlike anything in Toronto. Monthly dock fee includes city water, parking, and metered hydro. No mortgages available and no AirBnB allowed.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow

Total Approx Floor Area:

< 700

Depth:

0'0 m

Frontage:

0'0 m

Direction Faces:

West

Bedrooms:

1

Bathrooms:

1.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

1

Additional Info:

Heating type:

Radiant

Heating Fuel:

Propane

Foundation:

Not Applicable

Roof:

Metal

Basement:

None

Fireplace/Stove:

No

Alternative Power:

None

Garage:

None

Garage Spaces:

0.0

Parking Features:

Available

Parking Spaces:

2

Total Parking Spaces:

2.0

Family Room:

No

Possession Details:

Immediately

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Taxes:

$0 / 2024

Assessment:

$- / -

Listing Area:

Toronto E08

Listing Sub-Area:

Cliffcrest

County Or Parish:

Toronto

Property Features / Area Influences:

Beach, Lake/Pond, Marina, Park, Public Transit

Interior Features:

Bar Fridge, Carpet Free, Countertop Range, ERV/HRV, On Demand Water Heater, Primary Bedroom - Main Floor, Propane Tank, Separate Heating Controls, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned

Exterior Features:

Deck, Landscaped, Patio, Recreational Area, Year Round Living

Security Features:

Smoke Detector

Easement/ Restrictions:

Unknown

Inclusions:

Fridge, Stove, Dishwasher, Propane Stove/Oven, Extractor Hood, Beverage Fridge, Microwave and front load Washer/Dryer and 2 TVs.

Exterior Finish:

Metal/Steel Siding

Waterfront Features:

Boathouse, Boat Lift, Boat Slip, Marina Services, Winterized

Waterfront:

Direct

Shoreline:

Unknown

Shoreline Allowance:

None

View:

Lake, Marina, Water

Water View:

Direct

Access to property:

By Water, Marina Docking, Year Round Municipal Road

Water Body Name:

Lake Ontario

Water Body Type:

Lake

Waterfront Accessory Buildings:

Not Applicable

Docking Type:

Marina

Room Information:

Floor

Type

Size

Other

Main

Living Room

13'3½"4.05 m × 12'2½"3.72 m

Combined w/Kitchen, Open Concept, Overlook Water

Main

Kitchen

13'11"4.24 m × 13'5"4.09 m

Modern Kitchen, Overlooks Living, Centre Island

Main

Bedroom

6'11"2.11 m × 6'8"2.03 m

LED Lighting

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

-

6'6¾" x 6'6"

Other Details:

Utilities Cable:

Available

Utilities Telephone:

Available

Utilities Gas:

Available

Utilities Hydro:

Yes

Utilities Water:

Yes

Sewers:

Available

Special Designation:

Landlease

Sewers:

Other

Air Conditioning:

Other

Central Vacuum:

No

Seller Property Info Statement:

No

Ensuite Laundry:

No

Laundry Level:

Main Level

Listing Info:

Date Listed:

Aug 24, 2025

Original Price:

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Previous Price:

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Listed by EXP REALTY

Data was last updated September 2, 2025 at 11:15 PM (UTC)

Area Statistics

Listings on market:

42

Avg list price:

$1,344,000

Min list price:

$449,000

Max list price:

$4,295,000

Avg days on market:

35

Min days on market:

5

Max days on market:

348

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

Get market change alerts

• 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.

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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.