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

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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5B Wanita Road
Centennial Scarborough Toronto M1C 1V3

$549,800
Residential Freehold beds: +1 baths: 0.0

Main Photo: 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080
Status:
Active
Prop. Type:
Residential Freehold
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
Property Type:
Residential Freehold
Property Sub Type:
Vacant Land
Home Style:
Other
Lot Size:
Not Applicable
Lot Depth:
100'¼"
Lot Frontage:
45'
Lot Details:
89.99 x 100.03 Feet (9001 Sq.Ft. Premium Lot.)
Direction Faces:
South
Bedrooms:
+1
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Bedrooms Below Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms:
8
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Attached Garage:
Yes
Garage:
Attached
Garage Spaces:
2.0
Parking Features:
Private Double
Parking Spaces:
2
Total Parking Spaces:
2.0
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Taxes:
$1 / 2025
Assessment:
$- / -
Toronto
Toronto E10
Centennial Scarborough
Library, Park, Place Of Worship, Public Transit
Irregular Lot
None
Utilities Cable:
Yes
Utilities Telephone:
Yes
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Mar 01, 2026
Original Price:
Previous Price:
  • Photo 1: 5B Wanita Road in Toronto: Centennial Scarborough House for sale (Toronto E10) : MLS®# E12831080
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Listed by CENTURY 21 PARKLAND LTD.
Data was last updated March 24, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$789,500
Min list price:
$445,000
Max list price:
$999,999
Avg days on market:
76
Min days on market:
6
Max days on market:
286
These statistics are generated based on the current listing's property type and located in Toronto E10. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DARYL KING
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.