Cheapest Toronto Homes Currently Listed for Sale Under $1,000,000

With the average home price in Toronto now over $1.1 million, finding something more affordable might seem tough, but there are still great deals out there. Here are some of the best homes currently listed for under $1,000,0000.

Tips for Buying a Home in Toronto

Toronto has gained a reputation as a notoriously hot real estate market in recent years. While it’s true that buyers will likely face steep competition in today’s market, there are strategies that successful buyers can use to secure their first property on the ladder. 

The first, and arguably the most important step, is selecting the right agent to represent you. Your agent should do much more than find and show you properties. The best agent for a first-time buyer in Toronto is one who understands the unique complexities of your neighbourhood’s market. They can inform you about the best negotiation practices and offer strategies that will help you come out on top in a bidding war.

They’ll also be a helpful resource for connecting you to the right professionals, like mortgage brokers, movers, and lawyers, that will make your purchasing experience more seamless. This team of professionals will be invaluable for you when it comes to financing your purchase and can even help you navigate first-time buyer incentives. Understanding the stages of buying is another thing prospective buyers can do to set themselves up for success. There are a lot of moving parts when it comes to buying a home, so it’s a good idea to get familiar with the different stages of buying a property before you get started.

Property Details:

• 3 bed, 2 bath
• 1000 – 1199 sqft

Experience luxury waterfront living at the Pinnacle Centre. Highlights include a modern kitchen with breakfast bar, large primary suite with double closets and 5-piece ensuite, versatile den, two full bathrooms, and in-suite laundry. Comes with parking and access to top-tier amenities: pool, gym, concierge, guest suites, and more. Unbeatable downtown location steps from Union Station, Scotiabank Arena, PATH, and transit.

View the listing here.

Property Details: 

Semi-detached and two-storeys, this property offers 3+1 bedrooms, 2 bathrooms, and parking for two vehicles. The home features an open-concept layout with high ceilings, hardwood and parquet flooring, and a partially finished basement. The kitchen provides walkout access to a fully fenced backyard, which includes a garden shed and a gated driveway. Situated near Keele & Dundas and Keele & Bloor subway stations, the location offers convenient access to public transit, schools, fitness centers, and local shops and restaurants.

View the listing here.

Property Details:

• 2 bed, 2 bath
• Basement suite

This rare fully detached west-end Toronto home includes a separate basement suite—ideal for rental income or extended family. The main unit offers bright, updated living spaces, while the suite has its own entrance, kitchen, and bath. Located on a laneway with 2-car parking near High Park, The Junction, and Bloor West Village. Steps to cafes, transit, and top schools. A flexible option for end-users, investors, or multi-generational living.

View the listing here.

Property Details: 

This newly built, freehold townhouse located in Toronto’s Victoria Village neighborhood, offers 5 bedrooms and 5 bathrooms, including two ensuite bedrooms. The ground floor includes a bedroom with a 3-piece bath and garage access, while the second floor boasts an open-concept living/dining area, a sleek kitchen with quartz countertops and stainless steel appliances, and walkout to a patio. The third floor has two large bedrooms with private baths, and the upper level includes two additional bedrooms, one with balcony access.

View the listing here.

Property Details:

Welcome to your perfect starter home in the heart of Leslieville! This charming detached 2-bedroom, 1.5-bath home offers comfort, character, and incredible potential in one of Toronto’s most sought-after neighborhoods. Enjoy the vibrant local scene with trendy shops, cafes, and restaurants just steps away. Take a short stroll to the beach and boardwalk to unwind by the water or explore nearby parks and off-leash dog areas. With quick access to public transit and major highways, commuting around the city is a breeze.

View the listing here.

Property Details:

• 3 bed, 2 bath
• Walkout Basement

This move-in ready home in the coveted Pocket neighborhood features skylights, in-ceiling speakers, in-floor heating in bathrooms and lower level, and radiator towel racks. Outdoor highlights include a large fenced backyard, second-floor deck with BBQ gas line, and a welcoming front porch. The primary bedroom has vaulted ceilings and a bay window, while the sun-filled second bedroom has a unique L-shape.

View the listing here.

Property Details: 

One in a million — and under a million — in midtown! This super cool 2-storey 1+den condo at Yonge & St. Clair is full of personality and light. Soaring 18 ft floor-to-ceiling windows, a stylish spiral staircase, and warm hardwood floors throughout make this place feel extra special. The living room has 10 ft ceilings, the den’s perfect for your WFH setup with built-in bookshelves, and there’s plenty of closet space thanks to custom California closets. Freshly painted and move-in ready, with a brand-new oven, ensuite + powder room, and one underground parking spot and locker.

View the listing here.

Property Details: 

This never-before-occupied, two-bedroom suite provides 854 sq ft of chic, contemporary living space featuring gas cooking, stainless steel appliances, 9 ft ceilings, floor-to-ceiling windows, and exposed concrete details. Excellent location in the heart of downtown—just a few steps from the University of Toronto, OCAD, St. Patrick subway station, Dundas streetcar, Baldwin Village, Art Gallery of Ontario (AGO), eateries, and stores. Fantastic amenities comprise a sky lounge, fitness studio, concierge services, and a rooftop sky park featuring BBQ, dining, and lounge zones. Ready for you to move in!

View the listing here. 

Property Details:

• 2  bed, 2 bath
• 1 parking

Discover a rare midtown gem at The Clairmont! This stylish 2-bed, 2-bath suite stands out with nearly 500 sq. ft. of private outdoor space across two massive patios—perfect for entertaining or relaxing, complete with a gas BBQ hookup. The suite features a bright, open layout, premium hardwood floors, and a chef’s kitchen with granite counters, gas cooktop, and breakfast island. The primary bedroom boasts a walk-in closet and spa-like ensuite. Steps to the St. Clair subway, top shops, dining, parks, and more—luxury and lifestyle in one unbeatable package!

View the listing here. 

Property Details:

• 2 bed, 3 bath
• Lane parking + fenced yard

Welcome to your farmhouse in the city—charming, spacious, and full of heart! Lovingly maintained by one family for nearly 20 years, this home sits on an oversized 22 x 144 ft lot on a quiet, tree-lined street. It features a bathroom on every level, a dreamy primary retreat with a walk-in closet, and a sun-filled farmhouse kitchen overlooking a lush perennial garden. Enjoy a huge fully fenced yard with rare laneway parking for 4+ cars and potential for a garage or laneway house.

View the listing here.

Are you looking to move to Toronto this summer? Give us a call today! Our real estate agents are more than happy to find you the right home!