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5 affordable Toronto townhouses for sale

A townhouse is a great option for homebuyers in Toronto who can't afford a single detached home, but want more than a condo. While some townhouses in the city are still quite pricey, there are still affordable listings on the market. Here are five of the cheapest townhouses in Toronto

Townhouses are a great compromise for those who can’t afford a detached house and want something more than a condo can offer. While a townhouse in downtown Toronto is still pretty pricey — at a cost of about $712,000, on average — if you look hard and jump fast, you can still find affordable Toronto townhouses to maximize your budget.

Check out these affordable Toronto townhomes for sale (current as of July 4, 2018).

1. 54 – 42 Pinery Trail, Malvern, Toronto

Asking Price: $285,000

The Details

  • Property Taxes: $1,101 /yr
  • 600-699 square feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 79

This affordable home in Woodside Village is in a family-focused neighbourhood, so it is perfect for a small family or young couple. The home is well kept and clean, and outside there is one parking space

2. 2023 – 100 Mornelle Court, Morningside, Toronto

Asking Price: $299,900

The Details

  • Property Taxes: $884 /yr
  • 1200-1399 square feet
  • Bedrooms: 2+1
  • Bathrooms: 2
  • # Days on the Market: 23

This recently renovated townhouse is in a great location as it is close to local schools, colleges and hospitals. The home comes with one outdoor parking spot, although there is also parking for visitors. Inside the house, there are two bedrooms and a den that could be turned into a third bedroom.

3. 190 – 262 John Garland Boulevard, West Humber – Clairville, Toronto

Asking Price: $319,000

The Details

  • Property Taxes: $1,500 /yr
  • 1200-1399 square feet
  • Bedrooms: 3
  • Bathrooms: 2
  • # Days on the Market: 17

This beautiful townhouse comes with south exposure, so there is lots of sunlight. Inside, there is a spacious living area with walk-out access to the yard and parking spot. All three bedrooms are fairly large, and the living room features a gorgeous hardwood floor that adds class and style to the home.

Wait, it gets better. This townhouse is located in one of the top-rated neighbourhoods to buy a townhouse in the Greater Toronto Area! The Zolo Condo & Townhouse Market Report analyzed and then ranked more than 400 neighbourhoods across the GTA to find the best neighbourhoods to buy a townhouse. The neighbourhood of West Humber – Clairville took the No. 12 spot!

4. 22 – 7 Brimley Road, Cliffcrest, Toronto

Asking Price: $330,000

The Details

  • Property Taxes: $?? /yr
  • 500-599 square feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 35

This cozy, custom-built houseboat is the perfect unique townhouse alternative! Built as an all-weather home (or cottage in the city) you get spectacular lake views and easy access to all the city amenities of Toronto.

5. 201 – 90 Orchid Place Drive, Malvern, Toronto

Asking Price: $348,800

The Details

  • Property Taxes: $100 /yr
  • 0 – 499 square feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 77

Lovely, new one-bedroom in a highly sought after complex. This is a ground-floor suite in a complex located at the corner of Sheppard and Markham Roads. Close to shopping, parks, schools, community centres, the University of Toronto Scarborough campus and Highway 401, this affordable Toronto townhouse an ideal starter home or a great investment opportunity.

Amy Johnson
Amy Johnson

Amy Johnson is a freelance writer and marketing manager. She loves writing, reading and a good cup of tea.