Looking for the cheapest house for sale in Toronto? With home prices still high, these affordable listings offer a chance to own property in Canada’s most dynamic city – perfect for first-time buyers or savvy investors.

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47 Bonniewood Road

Ionview Toronto M1K 2L9

$799,800

Residential Freehold beds: 3+1 baths: 2.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E12186410

Bedrooms:

3+1

Bathrooms:

2

• Photos (32)

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Bright & Modern 3+1 Bedroom Semi-Detached Home in a Prime Family-Friendly Location! Welcome to this beautifully updated Semi-detached gem, nestled in a vibrant and accessible neighbourhood near Eglinton Ave and Birchmount Rd. Featuring 3 spacious bedrooms plus a versatile additional room, and 2 full modern bathrooms, this home is ideal for growing families or those seeking extra space for a home office or guest suite. Step inside to discover a freshly painted interior, boasting a bright and homey atmosphere, upgraded shutters, and stylish modern finishes throughout. The kitchen is a showstopper! Sleek cabinetry, contemporary countertops, and updated appliances. Enjoy seamless indoor-outdoor living with an attached, roofed patio, ideal for entertaining year-round. The generous backyard space offers endless possibilities for a gorgeous garden or outdoor play area .Located steps from public transportation, schools, and parks, this home offers both comfort and convenience in one of the city's most accessible pockets. Whether you're commuting, raising a family, or simply enjoying the neighbourhood, this home has it all. Don't miss your chance to own this gem where comfortable living meets timeless charm!

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Semi-Detached

Home Style:

2-Storey

Total Approx Floor Area:

700-1100

Depth:

92'11"28.3 m

Frontage:

32'6"9.91 m

Direction Faces:

South

Bedrooms:

3+1

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

3

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

8

Assignment:

No

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Brick

Roof:

Shingles

Basement:

Finished

Fireplace/Stove:

No

Garage:

Detached

Garage Spaces:

1.0

Parking Features:

Available

Parking Spaces:

3

Total Parking Spaces:

4.0

Family Room:

Yes

Possession Details:

TBA

Pool:

None

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2024

Taxes:

$3,297 / 2025

Assessment:

$- / 2024

Listing Area:

Toronto E04

Listing Sub-Area:

Ionview

County Or Parish:

Toronto

Interior Features:

Other

Rental Items:

Hot Water Tank (Rented)

Inclusions:

Includes Newer Stainless Steel Appliances:S/S Stove,S/S Fridge,S/S Dishwasher,Over Sized Washer & Dryer. Owned Furnace ,Owned AC and Shutter Windows.

Exterior Finish:

Brick

Retirement:

No

Room Information:

Floor

Type

Size

Other

Main

Living Room

22'4"6.81 m × 11'3"3.43 m

Main

Dining Room

22'4"6.81 m × 11'3"3.43 m

Main

Kitchen

10'3"3.12 m × 8'10"2.69 m

Second

Primary Bedroom

12'8"3.86 m × 9'4¼"2.85 m

Second

Bedroom 2

13'1½"4.00 m × 8'½"2.45 m

Second

Bedroom 3

9'4¼"2.85 m × 8'6"2.59 m

Basement

Bedroom 4

9'¼"2.75 m × 7'10½"2.40 m

Basement

Recreation

15'7"4.75 m × 13'1½"4.00 m

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Physically Handicapped-Equipped:

No

Listing Info:

Date Listed:

May 31, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX CROSSROADS REALTY INC.

Data was last updated June 13, 2025 at 07:15 PM (UTC)

Area Statistics

Listings on market:

19

Avg list price:

$889,000

Min list price:

$649,900

Max list price:

$1,375,000

Avg days on market:

13

Min days on market:

1

Max days on market:

98

These statistics are generated based on the current listing's property type and located in Toronto E04. Average values are derived using median calculations.

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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What You’ll Find in Toronto’s Most Affordable Homes

Explore listings with real potential in some of the city’s best value neighbourhoods:

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• Entry-level pricing in one of Canada’s most expensive markets
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FAQs – Cheapest House for Sale in Toronto

1. How cheap can a house in Toronto actually get?
As of 2025, the lowest-priced houses in Toronto typically start around $700,000, though some fixer-uppers may list for less.

2. Are cheap houses in Toronto livable or do they need work?
Most affordable listings are older and may need updates, but some are move-in ready depending on the seller’s condition.

3. Can I buy the cheapest house in Toronto as an investment?
Yes. Many buyers use these properties for rentals, flips, or long-term holds in gentrifying areas.

4. Do these homes come with land or are they townhomes?
You’ll find both, some detached homes on small lots and others that are semi-detached or row-style properties.