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Condos are cheapest in Oshawa at just $381,795, with New Tecumseth, Brampton and Newmarket all under $600,000.
The average cost for a home in Peel Region in October was $1,065,595. Toronto’s Morningside neighbourhood is located within the Scarborough area of the City of Toronto. This neighbourhood is known for having an abundance of valley, parkland, and creeks. The parkland in Morningside that is part of Highland Creek and East Highland Creek continues through a portion of heavily wooded land in a steep valley. There is also a bicycle path that traverses the park, running the same course as both East Highland Creek and Highland Creek. Neighbourhoods in this community include Curran Hall and Seven Oaks.
Cheapest Homes for Sale in Milton
The neighbourhood is home to the 572-acre Downsview Park, which is a former military base, consists of a national urban park, with some designated areas for commercial use and community services. The airfield adjacent to the park was used in 2002 to host World Youth Day and in 2003, for the Molson Canadian Rocks for Toronto . Downsview-Roding is another neighbourhood located in North York, in the northern section of Toronto. It is home to the Downsview-Roding Canadian Forces Base , it has a former Canadian Forces Base and a current Canadian Forces facility in the area, which gives the area an abundance of military history.

The average rent for a two-bedroom in the City of Toronto is $2,850 CAD. While the average home price for a home in the Greater Toronto Area depending on where you are could range from $804,508 to $1.01 million for a detached home. This neighborhood is in the York area of Toronto and about 15 kilometers from the city center.
Cheapest Homes for Sale in Peel Region
People who don't have access to a stack of cash have been looking for places outside of the city. And thework-from-home trend also means people might not need to commute to the city every day. Discover cheap motel and hotel deals from Hotels.com, Booking.com, and Airbnb Toronto. You know, somewhere to hang out if you're not in love with the main floor living space.
It is a relatively calm neighbourhood since few people are out on the streets here. While living near Toronto can be convenient, it can also be quite expensive. Fortunately, there are affordable houses outside of the city that won't break the bank. Whether you're a first-time buyer, a family, or just looking for something new, these homes come at a much lower cost than many spots within the city.
Glenfield-Jane Heights (North York, Toronto, Ontario)
The bedrooms, of which there are two, are small, but they do have hardwood floors. There's a workshop nook and large basement space that can be used for a whole host of different things. That's roughly the same price as an eight-acre forest estatein Monetville, a heritage home with six bathroomsin Powassan, aliteral mansionnear Sudbury or a "juniorone bedroom" condo in downtown Toronto. 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. The Township of Brock is located in Durham, 95 kilometres northeast of the City of Toronto which is why it is known as Durham’s “Gateway to the North”. While Brock is a predominantly rural township it does have three small urban centers, Beaverton, Cannington, and Sunderland.
Zoocasa.com is a full-service brokerage that offers advanced online search tools to empower Canadians with the data and expertise they need to make more successful real estate decisions. View real estate listings on zoocasa.com or download our free iOS app. To see the cheapest City of Toronto houses currently listed, visit this Zoocasa map. Located in the neighbourhood of Milliken, this freehold townhouse is spacious and boasts an open concept living area featuring a wood burning fireplace. The home also has a walkout patio into the backyard and a completely fenced-in yard. Prospective buyers should conduct further research and pricing analysis for the homes and neighbourhoods that match their financial circumstances and lifestyle needs to guide their individual decisions.
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It gets better because there are various educational institutions in this neighbourhood. Thus, any family looking for a place to settle down in Toronto can consider this area. Young professionals and students also live here as it’s close to the University of Toronto Scarborough, and that Guildwood GO station connects the area to the city center. About 65% of homes in this area have a rent range of between $1250 – $2,500. However, the Rexdale part is close enough to West Humber-Clairville for residents to access the several amenities and facilities available in the area. Average rent is usually between $1,600 to $2,300, depending on the number of bedrooms.

Halton is located west of the City of Toronto, beyond the Region of Peel, and includes the cities of Milton, Burlington and Oakville. The City of Toronto includes the areas of Etobicoke to the west and Scarborough to the east. As of October, the average home price across the Toronto region hit $1,155,345. We’ve compiled a list of affordable houses currently on the market priced under $649,900 in the Greater Toronto Area. 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. While living in the City of Toronto and the Greater Toronto Area can be expensive, there are deals to be found if you look in areas that are not as high-end, popular or less desirable.
Glenfield-Jane Heights as a neighbourhood includes the southern part of Jane Street and Finch Avenue. It is now home to a large immigrant population with many Spanish, Italian, and Vietnamese speakers. The Keelesdale-Eglinton West neighbourhood, located in the former suburb of York, is known for having affordable housing that ranges from bungalows to two-storey homes you can find along side streets. Many homeowners tend to buy in this neighbourhood before they eventually move onto buying larger properties. The Eglinton Crosstown Light Rail Train is scheduled to run through this community along Eglinton Avenue, where 19 kilometres of new transit will be built from Weston Road to the Kennedy station. The Eglinton Crosstown Light Rail Train, once it is completed, will be a part of the fifth line of Toronto’s metro system.
The cost of rent here has increased significantly over the past year, but there are still some affordable options in the area. Essa is a rural area in the Township of Essa, located southwest of Barrie in Simcoe County in southern Ontario. The Township of Essa includes several small towns including Angus , Colwell, Egbert, Ivy, Thornton, Utopia, and Baxter, which has a distinct group of smaller communities which form part of one larger, inclusive community. The City of Toronto has the highest average rent in Canada for a one-bedroom apartment, and Vancouver has the second highest rent in Canada at $2,080 for a one-bedroom apartment and $2,850 CAD for a two-bedroom apartment.
Of course, you can still get cheaper if you do your research and you’re not in a rush to find an apartment. Here are 7 of the cheapest houses currently listed for sale in the City of Toronto – ranging from $549,000 to $699,900. Rockcliffe-Symthe is a residential neighbourhood located in the former suburb of York, it is 15 kilometres from Toronto’s downtown city center. Rockcliffe-Symthe is known for having detached homes with yards and plenty of parking, as well as a ravine system as part of an abundance of green spaces offering multi-use trails and parks. It is surprisingly well-connected to transit given its connection to the St. Clair streetcar line, which is known as being the City of Toronto’s most efficient surface transit routes.
This bright and open townhouse is located in the neighbourhood of Yonge & Finch, with easy access to the TTC and amenities nearby. The home has new flooring, upgraded bathrooms, new lighting and a large kitchen with a window that overlooks the living area. This recently upgraded townhouse with new floors and paint, is located just a short walk away from shops and restaurants along King West. The bright home also includes a laundry ensuite and a bay window in the bedroom as well as a backyard terrace for easy access to the outdoors. For reference, here's what an average price home looks like throughout the city. As for the most expensive neighbourhoods by price, these should come at no surprise.
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