cheapest house in toronto

This is the cheapest house you can buy in Toronto right now

Small, rustic and awkardly laid out on a triangle-shaped corner lot, the cheapest house for sale in Toronto right now will cost you $500,000.

That's roughly the same price as an eight-acre forest estate in Monetville, a heritage home with six bathrooms in Powassan, a literal mansion near Sudbury or a "junior one bedroom" condo in downtown Toronto.

It's not entirely spacious, and you won't have views to speak of, but the yellow bungalow at 44 Buttonwood Ave. does have two bedrooms, two bathrooms, and a yard. A real yard!cheapest house in torontoYou'll find what realtors describe as a "charming bungalow" at the corner of Buttonwood and Birch Tree, near Jane and Weston in the up-and-coming Mount Dennis neighbourhood.

cheapest house in toronto

Close to restaurants, parks, schools, a hospital and the gorgeous Humber River, the home is well situated within the city, just minutes from a GO station and easily accessible from Hwys 401 and 400.

cheapest house in torontoThere's a 7-Eleven within walking distance, which is something cottage country residents can't boast, and a dedicated above-ground parking spot, which no condo-dweller would dare to dream of without a hefty sum of cash to blow.

cheapest house in torontoWhile the location is solid, the house itself is... a bit dated.

cheapest house in toronto

If a nice, modern kitchen is on your bucket list, look elsewhere.

cheapest house in torontoAll window coverings are included with the sale of the house, as are two ductless air conditioning units and a boiler.

cheapest house in torontoAppliances include a fridge, stove, washer and dryer.

There's a workshop nook and large basement space that can be used for a whole host of different things. Eight-year-old me would have used it to practice rollerblading.

cheapest house in torontoThe underground space could even be converted into a family room or den...

cheapest house in toronto

... you know, somewhere to hang out if you're not in love with the main floor living space.

cheapest house in torontoThe bedrooms, of which there are two, are small, but they do have hardwood floors.
cheapest house in torontoAnd windows! You can't imagine the number of rooms for rent in Toronto that don't have access to proper daylight.cheapest house in torontoThe place also has both a sun room and a mud room off the side entrance, which is clutch for people with outdoor hobbies, messy pets or kids.

cheapest house in torontoThe home is being sold in "as is" condition — meaning it could be more attractive to a buyer who simply wants the lot it sits on, rather than the house itself.

cheapest house in torontoThat, or it could prove a fun fixer-upper for someone who likes a challenge.

cheapest house in torontoIt may not be the pinnacle of modernity or style, but this brick bungalow could prove a better investment than, say, a studio condo in CityPlace.

Or not. Who knows?

It's comforting, whatever the case, to know that there are still some semi-affordable detached homes scattered around Toronto, where the average price for this class of property just hit $1.5 million.

Lead photo by

newstreet.ca


Join the conversation Load comments

Latest in Real Estate

Toronto family builds blue slide in the middle of their house

Toronto rent prices are falling the fastest in these downtown neighbourhoods

These condos are set to go up in Toronto without full public or city consultation

Toronto's newest condo looks unlike anything the city has seen before

Condo rentals skyrocket in Toronto as landlords abandon Airbnb

These Toronto neighbourhoods still have median house prices of less than $1 million

Toronto condo rent prices reach lowest point in nearly three years

Condo prices are finally starting to drop in downtown Toronto