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Cheapest House for Sale in Toronto – Discover Smart Real Estate Deals

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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  • 44 Mahoney Avenue in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12946662

    44 Mahoney Avenue Mount Dennis Toronto M6M 2H4
    Main Photo: 44 Mahoney Avenue in Toronto: Mount Dennis House for sale (Toronto W04) : MLS®# W12946662

    44 Mahoney Avenue Toronto M6M 2H4 Mount Dennis

    $299,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12946662
    Property sold as a vacant lot in prime Weston and Jane St Location. Great opportunity for Builder, developer or investor to create their dream home or next project. *PROPERTY BEING SOLD AS IS WHERE IS. Do not walk the lot without an appointment. DO NOT ENTER PROPERTY More details
    Listed by ROYAL LEPAGE SUPREME REALTY
    LISTING DETAILS
    DARYL KING

  • 385 Centennial Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12213162

    385 Centennial Road Centennial Scarborough Toronto M1C 2A4
    Main Photo: 385 Centennial Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12213162

    385 Centennial Road Toronto M1C 2A4 Centennial Scarborough

    $445,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12213162
    The Property is centrally located within Scarborough's Port Union area which is primarily an established residential neighbourhood. The Site is adjacent to Highway 2A and Highway 401, which are both a 3-minute drive or 2km. There are numerous amenities in the immediate vicinity, including Sir Oliver Mowat Collegiate Institute (3-min drive), Lake Ontario (5-min drive), the Rouge Valley National Urban Park (5-min drive), University of Toronto Scarborough Campus (6-minute drive), Scarborough Town Centre (10-min drive) and the Toronto Zoo (8-min drive). Additionally there are countless restaurants, grocery stores, banks and schools. Rouge Hill GO Train Station is a 5-minute drive from the Site and offers 2-way service between Toronto's Union Station and Oshawa Station along the Lakeshore East GO Line. More details
    Listed by CBRE LIMITED
    LISTING DETAILS
    DARYL KING
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    please create a free account

  • 19A Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715670

    19A Cardell Avenue Humberlea-Pelmo Park W4 Toronto M9N 1S4
    Main Photo: 19A Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715670

    19A Cardell Avenue Toronto M9N 1S4 Humberlea-Pelmo Park W4

    $519,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12715670
    Bedrooms:
    4
    Bathrooms:
    2
    Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 19B Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715688

    19B Cardell Avenue Humberlea-Pelmo Park W4 Toronto M9N 1S4
    Main Photo: 19B Cardell Avenue in Toronto: Humberlea-Pelmo Park W4 House for sale (Toronto W04) : MLS®# W12715688

    19B Cardell Avenue Toronto M9N 1S4 Humberlea-Pelmo Park W4

    $519,888
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12715688
    Bedrooms:
    4
    Bathrooms:
    2
    Outstanding development opportunity on a severed lot allowing for the construction of two detached homes. The property currently features an existing home with tenants paying $3,000/month. Each severed lot is priced at $519,000, and both lots must be sold together. Buyers have the option to maintain the current rental property or redevelop and build two detached residences of approximately 2,000 sq ft each. See attached plans for details. Motivated seller - bring all offers. More details
    Listed by SNOBAR REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 5A Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831060

    5A Wanita Road Centennial Scarborough Toronto M1C 1V3
    Main Photo: 5A Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831060

    5A Wanita Road Toronto M1C 1V3 Centennial Scarborough

    $549,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12831060
    VACANT LOT: PART 1 ATTENTION BUILDERS & INVESTORS: This Property Has Been Approved To Build (1) ONE Detached 2800 Sq.Ft Homes, unless the New Owner Prefers to Keep the Existing Detached Side Split with Double Garage. The Existing Brick Detached Side Split sits on One and One-Half Lot. Both Lots Must be Purchased together OR a Builder can purchase both lots and build 2 new homes. CAN NOT Purchase 1 Lot Alone. . This vacant lot must sell with adjacent Lot 5B More details
    Listed by CENTURY 21 PARKLAND LTD.
    LISTING DETAILS
    DARYL KING

  • 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080

    5B Wanita Road Centennial Scarborough Toronto M1C 1V3
    Main Photo: 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080

    5B Wanita Road Toronto M1C 1V3 Centennial Scarborough

    $549,800
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12831080
    Bedrooms:
    1
    VACANT LOT: PART 2 -- ATTENTION BUILDERS & INVESTORS: This Property Has Been Approved To Build (1) ONE Detached 2800 Sq.Ft Homes, unless the New Owner Prefers to Keep the Existing Detached Side Split with Double Garage. The Existing Brick Detached Side Split sits on One and One-Half Lot. Both Lots Must be Purchased together OR a Builder can purchase both lots and build 2 new homes. CAN NOT Purchase 1 Lot Alone. .This vacant lot must sell with adjacent Lot 5A More details
    Listed by CENTURY 21 PARKLAND LTD.
    LISTING DETAILS
    DARYL KING

  • 68 Greendale Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12406078

    68 Greendale Avenue Rockcliffe-Smythe Toronto M6N 4P6
    Main Photo: 68 Greendale Avenue in Toronto: Rockcliffe-Smythe House for sale (Toronto W03) : MLS®# W12406078

    68 Greendale Avenue Toronto M6N 4P6 Rockcliffe-Smythe

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    W12406078
    Bedrooms:
    2
    Bathrooms:
    2
    ** Detached Home For The Price of a Condo **Charming Fully Renovated 2-Bedroom, 2-Bathroom Detached Home in Rockcliffe-Smythe** Welcome to this beautifully renovated detached home. Featuring two bedrooms and two modern bathrooms, this home offers comfort and style in every corner. The home has been thoughtfully updated with a brand-new kitchen (2025), sleek new flooring throughout (2025), new electrical (2025), and new windows (2025), with the exception of two. The finished basement adds even more potential for additional living space, perfect for a home office, recreation area, or extra storage. The location is ideal, just steps away from public transit and local schools, making it a perfect choice for families and commuters alike. A new furnace (2020) and a back up generator also adds to the functionality of this home. Potential For Front Yard and rear parking. The images have been virtually staged. Furnishings and decor have been digitally added and may not represent the actual property. More details
    Listed by INTERCITY REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 22 Medford Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E12944690

    22 Medford Avenue Oakridge Toronto M1L 4G2
    Main Photo: 22 Medford Avenue in Toronto: Oakridge House for sale (Toronto E06) : MLS®# E12944690

    22 Medford Avenue Toronto M1L 4G2 Oakridge

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12944690
    Bedrooms:
    2
    Bathrooms:
    2
    An Oakridge Gem! Solid brick Detached 2 Bedroom, 2 bath bungalow is located in a fantastic friendly neighbourhood with excellent access to transit and both Danforth Ave and Warden Ave. The open Living has hardwood floors and gas fireplace. An eat in kitchen has a walk out to the deck and a bright, window filled sunroom overlooks the back Garden. Both Bedrooms also offer hardwood floors. The finished basement provides additional recreation space, full bath and laundry. This well sized 26' x 118' lot with private driveway offers an incredible opportunity for buyers to move into a super location close to schools, parks, shops and many amenities. Not to be missed! More details
    Listed by ROYAL LEPAGE ESTATE REALTY
    LISTING DETAILS
    DARYL KING

  • 290 Coronation Drive in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12950274

    290 Coronation Drive West Hill Toronto M1E 2J6
    Main Photo: 290 Coronation Drive in Toronto: West Hill House for sale (Toronto E10) : MLS®# E12950274

    290 Coronation Drive Toronto M1E 2J6 West Hill

    $599,000
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12950274
    Bedrooms:
    4
    Bathrooms:
    2
    Charming Bungalow on a Prime Lot with Endless Potential! Step into this classic bungalow, perfectly situated on a sprawling60 x 134 ft lot with 8 parking spots and a double car garage. The sun-filled living room welcomes you with a large bay window, classic crownmoulding, and gleaming hardwood floors. It flows seamlessly into the elegant dining room, featuring wainscoting, hardwood flooring, and awalkout through double French doors to a large deck overlooking the private, expansive yard ideal for outdoor entertaining. The upgradedkitchen boasts new stainless steel appliances and ample storage space. The main floor offers two spacious bedrooms with large windows andclosets, and a beautifully renovated 3-piece bath with a sleek glass shower. Second Laundry has been added for convenience and allowing afully separate basement. The finished basement with a separate entrance provides versatile living space, perfect for additional bedrooms, arecreation area, or in-law suite/rental income potential. It includes a second kitchen and a full 3-piece bathroom and own laundry. With itsmassive yard offering incredible potential, this property is ideal for families, investors, or those looking to expand. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12787940

    149 Audrey Avenue Birchcliffe-Cliffside Toronto M1N 2X9
    Main Photo: 149 Audrey Avenue in Toronto: Birchcliffe-Cliffside House for sale (Toronto E06) : MLS®# E12787940

    149 Audrey Avenue Toronto M1N 2X9 Birchcliffe-Cliffside

    $599,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12787940
    Vacant Land - Build your custom home. Welcome to Toronto's sought-after Hunt Club neighbourhood located in the Birchcliff-Cliffside area. One of the most desirable neighbourhoods in the Upper Beaches. Measuring approx. 25x100feet, this property presents an exceptional opportunity for builders and contractors - build your next project. Unbeatable location, with easy commute, less than one hour to downtown and just a few steps away from public transit - TTC within a 2-minute walk, elementary and secondary schools nearby, Hunt Club, parks, community center, grocery stores, Bluffs and the list goes on. This is a wonderful, growing family friendly community. Don't miss out! Birchcliffe is an area known for its idyllic setting with views of and proximity to Lake Ontario. Financing possible- must meet criteria. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866392

    3117 St Clair Avenue E Clairlea-Birchmount Toronto M1L 1T9
    Main Photo: 3117 St Clair Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866392

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

    $599,900
    Residential Freehold
    Status:
    Active
    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! More details
    Listed by REALTY 21 INC.
    LISTING DETAILS
    DARYL KING

  • 158 Westbourne Ave Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866426

    158 Westbourne Ave Avenue E Clairlea-Birchmount Toronto M1L 1T9
    Main Photo: 158 Westbourne Ave Avenue E in Toronto: Clairlea-Birchmount House for sale (Toronto E04) : MLS®# E12866426

    158 Westbourne Ave Avenue E Toronto M1L 1T9 Clairlea-Birchmount

    $599,900
    Residential Freehold
    Status:
    Active
    MLS® Num:
    E12866426
    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! More details
    Listed by REALTY 21 INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated April 6, 2026 at 12:28 PM (UTC)
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.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.

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