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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3117 St Clair Avenue E
Clairlea-Birchmount Toronto M1L 1T9

$599,900
Residential Freehold beds: 4 baths: 2.0

Main Photo: 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04)  : MLS®# E12866392
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
E12866392
Bedrooms:
4
Bathrooms:
2
Attention Investors and Builders!! Search No Further! Do Not Miss This Opportunity To Own An Amazing Property In A Prime Location, Development Opportunity to build 2 houses with 4 plex each including Legal basement apartment 1020 Squire feet each floor with 2 bedrooms and 2 washrooms, possible to setup condo corporation for 4 units for 3117 St. Clair Ave East and 4 units for 158 Westbourne Ave. 2 permits are ready to pick up needs to pay (development fee $117,270.36 + TCDSB Education Development Charges $15,680.32 + Parks Levy Payable $11,348.05) Total $144,298.73 for 2 properties. ! Favorably Located Only Steps To Ttc, Parks & Schools And Only Minutes To Shopping, Hwy401 & Dvp, Beaches & Golf Course!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
92'5"
Lot Frontage:
27'
Direction Faces:
South
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
8
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Shingles
Basement:
None
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
No
Pool:
None
Link:
No
HST Applicable To Sale Price:
In Addition To
Taxes:
$4,502 / 2025
Assessment:
$- / -
Toronto
Toronto E04
Clairlea-Birchmount
Carpet Free
Hot water tank
Fridge, stove, washer, dryer, everything as is condition.
Aluminum Siding
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Mar 10, 2026
Original Price:
Previous Price:
  • Photo 1: 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04)  : MLS®# E12866392
    Photo 1 of 1
Listed by REALTY 21 INC.
Data was last updated March 20, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$1,049,900
Min list price:
$599,900
Max list price:
$2,199,900
Avg days on market:
29
Min days on market:
1
Max days on market:
322
These statistics are generated based on the current listing's property type and located in Clairlea-Birchmount. 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.

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.