Stylish Toronto home is shockingly priced at under $650,000

While Toronto's real estate market isn't what it was at its 2022 peak, finding a move-in-ready home for under $650,000 is still pretty rare.

Rare like making it through your weekly commute without something weird happening on the TTC.

But some relatively affordable options still exist out there, if you know where to look.

The front entrance. 

And 44 McCormack St. might just be one of them.

The view into the open-concept main floor from the front entrance. 

Located near Toronto's trendy Junction neighbourhood and the Stockyards, the charming home is currently listed for just $649,999.

The living room. 

Now, obviously, that's still a lot of money, but by Toronto real estate standards, it's practically a bargain.

The kitchen the opens out to the backyard. 

Especially when you consider that semi-detached homes in the surrounding area have recently been selling for anywhere between $895,000 and $1,310,000.

One of two bathrooms. 

Will 44 McCormack St. spark a bidding war? It certainly wouldn't be surprising.

The updated kitchen. 

Because unlike some of the city's more affordable listings, this one doesn't appear to require a complete overhaul before you can move in.

One of the bedrooms is used as a home office. 

Inside, the home is bright, modern and surprisingly stylish.

The dining room that flows into the kitchen. 

The open-concept main floor features hardwood flooring, exposed brick walls, plenty of natural light and a layout that makes the space feel larger than you might expect.

The dining room. 

The living and dining areas flow into a contemporary kitchen complete with stainless steel appliances and modern finishes.

The kitchen. 

It's not an enormous kitchen, but it looks functional and thoughtfully updated, which is arguably more important when you're working with a smaller footprint.

The backyard and shed. 

And while the interior is certainly appealing, the private backyard is also quite impressive.

The back patio. 

The property stretches back an impressive 135 feet, meaning there's actually room to spread out for summer barbecues, outdoor dining, or simply enjoying a little fresh air without having to leave home.

The primary bedroom. 

The bedrooms are described as generously sized, while two recently renovated full bathrooms mean one less expensive project for the next owner to worry about.

Another bathroom. 

The overall aesthetic is simple and contemporary, without some of the over-the-top finishes that seem to have become standard in Toronto's more expensive renovations.

The basement recreation room. 

Of course, the location is another major selling point.

Another bedroom upstairs that's being used as an office. 

The home is just minutes from the Stockyards shopping district and the Junction, where you'll find an abundance of independent restaurants, cafés, bars and shops.

The exposed brick wall on the main floor. 

Whether it actually sells for anywhere near that asking price remains to be seen.

The back of the house. 

But if you've been dreaming of owning a Toronto home without crossing the million-dollar mark, this one might be worth a shot.