Cheap Homes

6 cheapest condos for sale in Toronto

Toronto may be one of the most expensive cities in Canada to buy a place, but it still has its deals. Here are the 6 cheapest homes currently for sale in TheSix

A lot of people struggle to get onto the property ladder, especially when the median house price in Canada is $736,783. While Toronto is one of the most expensive cities to buy houses, there are still deals to be found particularly in other property types. That’s why we wanted to look at the cheapest condos for sale in Toronto to see what’s available and what you can still get for your money.

Here are the 10 cheapest condos that are currently for sale in Toronto, Ontario (as of June 28, 2018).

1.  225 – 2737 Keele Street, Downsview, Toronto

Asking Price: $179,900

The Details

  • Property Taxes: $1,100/yr
  • 499 square feet
  • Bedrooms: –
  • Bathrooms: 1
  • # Days on the Market: 31

This bachelor suite in Downsview comes with parking and a locker, which is nice for any condo in Toronto. There is a grand foyer that leads into the kitchen, which has modern cabinets and appliances, as well as marble and hardwood floors throughout the home. There is also a three-piece bathroom with granite countertops and a large living area that walks out on to a large terrace!

2. 506 – 40 Panorama Court, Mount Olive, Toronto

Asking Price: $179,900

The Details

  • Property Taxes: $448 /yr
  • 1000-1199 square feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 8

This spacious, bright home has two bedrooms and a large balcony that offers great views of the city. The home is also close to all nearby amenities, which is very convenient!

3. 403 – 1159 Birchmount Road, Dorset Park, Toronto

Asking Price: $179,000

The Details

  • Property Taxes: $778 /yr
  • 700-799 square feet
  • Bedrooms: 2
  • Bathrooms: 1
  • # Days on the Market: 3

This home is located in a small boutique building in the prestigious Dorset Park. Inside the home, you will find large windows that ensure the house is filled with light, and there is a spacious living room that walks out onto a large balcony. There is also parquet flooring throughout the home, adding a sense of style and class to every room.

4. 505 – 50 Old Kingston Road, West Hill, Toronto

Asking Price: $173,000

The Details

  • Property Taxes: $529 /yr
  • 600-699 square feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 34

This sweet home is located near desirable amenities, including transportation, the supermarket, the bank and the park. The apartment building has access to a library, sauna, gym and indoor pool, so there are a lot of wonderful features for you to take advantage of!

5. 103 – 235 Grandravine Drive, Toronto, Glenfield Jane Heights

Asking Price: $160,000

The Details

  • Property Taxes: $478 /yr
  • 500-599 square feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 35

This large home is in need of renovation, but for the right person, it could be an excellent investment. It comes with an underground parking spot and one bedroom, so it is ideal for someone who wants to live alone. It could also be rented out to a tenant.

6. 2306 – 3390 Weston Road, Humbermede, Toronto

Asking Price: $149,900

The Details

  • Property Taxes: $577 /yr
  • 600-699 square feet
  • Bedrooms: 1
  • Bathrooms: 1
  • # Days on the Market: 9

This well-kept apartment can be found in a convenient neighbourhood that is close to local shops and transport links. Inside, you will find new hardwood floors that add beauty to every room, as well as granite countertops in the kitchen.

Amy Johnson
Amy Johnson

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