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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67 Claremore Avenue

Birchcliffe-Cliffside Toronto M1N 3S1

$550,000

Residential Freehold beds: 1+3 baths: 2.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E13554608

Bedrooms:

1+3

Bathrooms:

2

• Photos (24)

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Great Investment Opportunity, current tenant is a nice family. which allows for this property to stay as a LTR or like others in the neighbourhood it can become a new build. The property is well-located and thoughtfully updated, this home offers excellent access to public transit and everyday amenities. The main level features a newly renovated kitchen, refreshed flooring throughout, and an updated bathroom. A bright, open living and dining area enhances the functional layout, with a primary bedroom conveniently situated on the main floor. The kitchen provides direct walk-out access to a rear deck and large backyard, perfect for enjoying outdoor space. The fully finished basement offers three spacious rooms and a two-piece bathroom, providing flexible use for work or living arrangements. An ideal option for working professionals seeking comfort, space, and convenience.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow-Raised

Total Approx Floor Area:

< 700

Lot Depth:

120'36.6 m

Lot Frontage:

30'9.14 m

Direction Faces:

North

Bedrooms:

1+3

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

1

Bedrooms Below Grade:

3

Kitchens Above Grade:

1

Rooms Above Grade:

4

Rooms Below Grade:

4

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Concrete Block

Roof:

Asphalt Shingle

Basement:

Full

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Spaces:

2

Total Parking Spaces:

1.0

Family Room:

Yes

Possession Details:

Currently Tenanted, lease is until Sept, so Oct 1 is the earliest move in

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Taxes:

$3,062 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E06

Listing Sub-Area:

Birchcliffe-Cliffside

Interior Features:

Carpet Free, Primary Bedroom - Main Floor

Inclusions:

Washer, Dryer, Fridge, Stove, All Light fixtures

Exclusions:

Tenants Belongings

Exterior Finish:

Aluminum Siding, Concrete Block

Elevator:

No

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Level:

Lower Level

Listing Info:

Date Listed:

Jul 12, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX HALLMARK REALTY LTD.

Data was last updated September 23, 2026 at 02:15 PM (UTC)

Area Statistics

Listings on market:

55

Avg list price:

$1,249,000

Min list price:

$550,000

Max list price:

$6,890,000

Avg days on market:

15

Min days on market:

1

Max days on market:

172

These statistics are generated based on the current listing's property type and located in Birchcliffe-Cliffside. 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.