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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799 Sammon Avenue

East York Toronto M4C 2E7

$625,000

Residential Freehold beds: 2+1 baths: 2.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E12354520

Bedrooms:

2+1

Bathrooms:

2

• Photos (22)

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Prime East Toronto Detached Home Incredible Opportunity! Own a fully detached home in one of East Torontos most desirable neighbourhoods! Ideal for homeowners, investors, or developers, this 2+1 bedroom, 2-bathroom home offers flexibility and potentialmove in, rent, or redesign to your vision. Located just steps from Woodbine Station and minutes to the Beach, Danforth shops, and downtown, this property combines convenience with a vibrant community. Inside, youll find well-defined living and dining areas with hardwood floors, a classic enclosed sunporch, and a spacious kitchen perfect for family meals. Upstairs features two comfortable bedrooms and a 4-piece bath with a charming tub.The basement with separate rear entrance provides additional living space, perfect for a rec room, home office, or rental potential. Outside, enjoy a fenced backyard and large deck, ready for gardening, entertaining, or creating your personal backyard oasis. With private parking, a deep lot, and excellent redevelopment potential, 799 Sammon is a rare opportunity to own a detached home in a family-friendly, transit-connected, and growing neighbourhood. Dont wait...this one wont last!

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Detached

Home Style:

2-Storey

Total Approx Floor Area:

700-1100

Depth:

100'30.5 m

Frontage:

14'4.27 m

Direction Faces:

South

Bedrooms:

2+1

Bathrooms:

2.0

Water supply:

Municipal

Kitchens:

1

Bedrooms Above Grade:

2

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

5

Rooms Below Grade:

1

Additional Info:

Heating type:

Water

Heating Fuel:

Gas

Foundation:

Concrete

Roof:

Asphalt Shingle

Basement:

Separate Entrance

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Front Yard Parking

Parking Spaces:

1

Total Parking Spaces:

1.0

Family Room:

No

Possession Details:

Flexible

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Taxes:

$4,126.17 / 2024

Assessment:

$- / -

Listing Area:

Toronto E03

Listing Sub-Area:

East York

County Or Parish:

Toronto

Interior Features:

Other

Exclusions:

Portable AC upstairs.

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Main

Living Room

14'9"4.50 m × 10'4"3.15 m

Hardwood Floor

Main

Kitchen

11'3.35 m × 10'4"3.15 m

Hardwood Floor

Main

Den

11'5¾"3.50 m × 7'4"2.24 m

Window, Overlooks Backyard

Second

Bedroom

12'8"3.86 m × 11'4"3.45 m

Broadloom, Large Window

Second

Bedroom 2

11'5¾"3.50 m × 7'4"2.24 m

Closet, Window

Basement

Recreation

14'9"4.50 m × 10'4"3.15 m

Other Details:

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Other

Central Vacuum:

No

Seller Property Info Statement:

Yes

Ensuite Laundry:

No

Listing Info:

Date Listed:

Aug 20, 2025

Original Price:

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Previous Price:

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Listed by JOHNSTON & GREEN REAL ESTATE LTD.

Data was last updated September 14, 2025 at 01:15 AM (UTC)

Area Statistics

Listings on market:

28

Avg list price:

$1,994,500

Min list price:

$625,000

Max list price:

$4,949,900

Avg days on market:

34

Min days on market:

1

Max days on market:

116

These statistics are generated based on the current listing's property type and located in East York. 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.