This cute Toronto houseboat will cost you less than half of a typical detached home

With Toronto's average home price continuing to climb beyond a range anyone can reasonably afford on their own, prospective buyers are now considering all of their options when it comes to securing a place to live including renting, buying a condo, or even choosing to live in a floating home. 

While Toronto's median price for a single detached home was a staggering $1,275,000 in the first quarter of 2024, this quaint houseboat, located at D78 - 7 Brimley Road South in Scarborough's Bluffer's Park, could be yours for only $535,000. 

The houseboat is part of a community of floating homes for residents who live year-round in the Scarborough Bluffs. For the most part, the homes are completely stationary and stay afloat using metal pontoons. 

The property was custom-built in 2022 and boasts over 650 square feet of nautical-style living on the water. 

On the inside, the space looks just like your typical home, with white oak plank flooring and LED pot lights throughout. 

Other notable details in the home include a built-in desk, floating entertainment shelving, and a cute breakfast bar. 

The nautical theme comes in especially strong in the kitchen, with its two-tone navy blue lower cabinets, contrasting white upper cabinets, and accented gold handles. 

The one-bedroom, two-bathroom home would probably work best for a single person or a couple who love the outdoors and, of course, the water.

The primary bedroom includes a unique built-in white oak queen bed frame with floating side tables and nautical overhead lamps. 

Similar to other points throughout the home, the primary bathroom provides a glimpse of the marina and boasts lots of gold and woody elements. 

The powder room has more of a beachy or surf shack feel, with tons of natural light, a wooden backdrop, and plants. 

The view through the houseboat's sliding doors overlooks the 65-square-foot cedar deck — a great place for soaking in the sunset or sipping on an ice-cold beverage.

This one-of-a-kind houseboat is currently on the market for $535,000.