affordable condo neighbourhoods

These are the most affordable neighbourhoods for condos in Toronto

It's no secret that Toronto condo prices are ridiculous, but even in a city with a market as hot as ours, there are some areas where buying a condo will cost you slightly less.

Using data from the Toronto Real Estate board,  a new report released by Zoocasa maps the most affordable neighbourhoods in Toronto by condo price. Included in this map is the average income required to afford a condominium in the area. 

Here are the six most affordable neighbourhoods for condos in Toronto: 

West Hill, Centennial Scarborough

Bordered by Rouge River to the east and Lake Ontario to the south, West Hill and Centennial Scarborough in TREB's E10 district are the furthest thing from land-locked. Condos in these neighbourhoods, on average, as of May 2018, cost $253,822. An income of $40,547 is required to afford the average condo in this area. 

West Hill in Scarborough boasts the beautiful East Point Park that has bike trails; baseball diamonds; a pond and, of course, looks out over Lake Ontario. Just on the edge of Centennial Scarborough, aka Port Union, sit Scarborough institutions The Amazing Ted's Diner and Shamrock Burgers for some god ol' fashioned eats. 

Malvern, Rouge

North of Highway 401 and east of Markham Road in TREB's E11 district sit the Malvern and Rouge neighbourhoods. Here, the average condo price, as of May 2018, is $332,969. An annual income of $53,189 is required to afford a condo here. 

Near the Toronto Zoo in Scarborough, you'll find an abundance of places to get you moving with the Toronto Pan Am Sports Centre and many ravines and parks — including Rouge Park, of course.  

Rexdale-Kipling, West Humber-Claireville

In TREB's W10 district are the affordable neighbourhoods of Rexdale-Kipling and West Humber-Claireville. The average condo price in these neighbourhoods, as of May 2018, is $346,796. An annual income of $55,397 is required for the average place. 

Here, you'll find the famed Samosa Sweet Factory, the Claireville Conservation Area, the Humber Arboretum and the Humber River running throughout. 

Below is a map generated by Zoocasa of the 20 cheapest Toronto districts to buy a condo in. 

affordable condo neighbourhoods

A graphic depicting neighbourhoods ranked by affordability. Courtesy Zoocasa.

Lead photo by

Kevin Cabral


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

Over 80% of Toronto area investors are losing money on new condos

GTA developers have pressed pause on 24k planned condo units due to market slump

This $4 million dream house in Mississauga comes with resort-like features

These are the best cities in Ontario for renters in 2024

Toronto's next two breathtaking flatiron buildings just started construction

This $2 million Toronto home's interiors are like taking a trip back in time

Condo tower proposed to soar high above Toronto museum

This $22 million fairytale-inspired Ontario mansion has an indoor waterpark