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.

Login with:

Forgot password Extend Verify Contact Signup Login

68 Greendale Avenue

Rockcliffe-Smythe Toronto M6N 4P6

$599,000

Residential Freehold beds: 2 baths: 2.0

Share on X

Share on Facebook

Share on Pinterest

Share Link

Share on Twitter

Share on Facebook

Share on Pinterest

Share Link

• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

W12406078

Bedrooms:

2

Bathrooms:

2

• Photos (27)

Schedule a viewing:

in-person virtual

---

ASAP

Sat

21

MAR

Sun

22

MAR

Mon

23

MAR

Tue

24

MAR

Wed

25

MAR

Thu

26

MAR

Fri

27

MAR

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

** 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.

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

Bungalow

Total Approx Floor Area:

< 700

Lot Depth:

92'1½"28.1 m

Lot Frontage:

18'2"5.54 m

Direction Faces:

East

Bedrooms:

2

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

5

Rooms Below Grade:

1

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Foundation:

Concrete

Roof:

Shingles

Basement:

Finished

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Private

Parking Spaces:

1

Total Parking Spaces:

1.0

Family Room:

No

Possession Details:

Immediate

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Taxes:

$2,632 / 2024

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W03

Listing Sub-Area:

Rockcliffe-Smythe

Interior Features:

Generator - Full, Water Heater

Rental Items:

Hot Water Tank

Exterior Finish:

Aluminum Siding

Room Information:

Floor

Type

Size

Other

Main

Solarium

5'1"1.55 m × 2'.61 m

Main

Kitchen

7'3"2.21 m × 2'4".71 m

Main

Dining Room

5'7"1.70 m × 2'9½".85 m

Main

Bedroom

4'6"1.37 m × 3'8"1.12 m

Main

Bedroom

4'1.22 m × 3'8"1.12 m

Basement

Recreation

6'8"2.03 m × 4'6"1.37 m

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Sep 16, 2025

Original Price:

Signup

Previous Price:

Signup

• 
  Photo 1 of 27
• 
  Photo 2 of 27
• 
  Photo 3 of 27
• 
  Photo 4 of 27
• 
  Photo 5 of 27
• 
  Photo 6 of 27
• 
  Photo 7 of 27
• 
  Photo 8 of 27
• 
  Photo 9 of 27
• 
  Photo 10 of 27
• 
  Photo 11 of 27
• 
  Photo 12 of 27
• 
  Photo 13 of 27
• 
  Photo 14 of 27
• 
  Photo 15 of 27
• 
  Photo 16 of 27
• 
  Photo 17 of 27
• 
  Photo 18 of 27
• 
  Photo 19 of 27
• 
  Photo 20 of 27
• 
  Photo 21 of 27
• 
  Photo 22 of 27
• 
  Photo 23 of 27
• 
  Photo 24 of 27
• 
  Photo 25 of 27
• 
  Photo 26 of 27
• 
  Photo 27 of 27

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by INTERCITY REALTY INC.

Data was last updated March 20, 2026 at 12:15 PM (UTC)

Area Statistics

Listings on market:

20

Avg list price:

$924,000

Min list price:

$599,000

Max list price:

$1,500,000

Avg days on market:

25

Min days on market:

3

Max days on market:

514

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

powered by myRealPage.com

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:

• Condos for Sale in Toronto Under $350K
• Waterfront Cottages for Sale in Ontario under $300000
• Houses for Sale Richmond Hill under $500000
• Houses for Sale near Caledonia and Eglinton West
• Condos for Sale in Toronto Under $400K
• Aurora Homes For Sale
• Bradford Homes For Sale
• King City Homes For Sale
• Markham Homes For Sale
• Newmarket Homes For Sale
• Richmond Hill Homes For Sale
• Thornhill Homes For Sale
• Toronto Homes For Sale
• Brampton Homes For Sale
• Uxbridge Homes For Sale
• Vaughan Homes For Sale
• Stouffville Homes For Sale
• Mississauga Homes For Sale

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.