Toronto is one of the most sought after places to live. Ever wondered what life is like in the city? You can experience all four clearly defined seasons. The winters are not as harsh as the rest of Canada and the summers are exactly how they are supposed to be – a cozy combination of hot and humid. It’s a popular fact that life in Toronto can be expensive; or more precisely, buying a home in Toronto can be quite expensive. The average house price in Toronto is around $900. But that doesn’t mean that you can’t get your hands on anything below that price. If you’re planning on investing in a Home in Toronto city and is looking for a more affordable option, then we’ve got you covered! You’ve come to just the right place as we’ve listed almost all the budget-friendly houses that are up for grabs in the Toronto real estate market. Let us take you on a quick virtual tour of these splendid homes.
1. $400 – $500
There a quite a lot of Condos to choose from in the $400 to $500 price range. And surprisingly good ones as well. The New York boutique style townhouse in Willowdale East is set in an ideal location being only minutes away from the subway and is listed for under $450. If you wish to settle down with your family and is looking for a house perfect for you then there’s another townhouse waiting for you in the Morningside neighborhood with 3 bedrooms and it can be all yours for $470. A beautiful open concept one-bedroom unit in King West, an 862 square foot one-bedroom single-family home in Forest Hill North, a renovated townhome in the West Hill community with 3 bedrooms, a 2-bedroom unit in Humbermede built in a country-like setting, 3 bedroom townhouses in Scarborough Village and West Humber-Clairville are all available just under $500.
2. $500
Stepping into the $500 category, we have a luxurious 4-bedroom townhouse in Flemingdon Park to start with. You can easily make this property your own by spending $509. A 2-bedroom option in the lower $500 category is a townhouse in Malvern available for $529. Falling into the same price category is another townhouse in St. Andrew with 2 bedrooms. A more luxurious 3-bedroom townhouse in Mount Dennis is available for $535. Townhouses in the $548 to $550 range are available in both Westminister and Downsview with 2 and 3 bedrooms. Moving further up to the $575 category, you have both 1 and 3 bedroom units in both Islington and Mount Dennis. Stepping into the $580 to $590 category, you have the option to choose from 2 bedroom townhouses in Pelmo Park-Humberlea, Dovercourt, and Downsview, and a 1-bedroom unit in Cabbagetown. Bordering the $600 category, you have 1, 2, 3, and 4-bedroom townhouse units to choose from. If you’re on a hunt for smaller houses, you have the privilege of choosing from 1 bedroom houses in Cabbagetown and Islington. If 2 bedroom houses are the best option for you then you can choose from luxurious townhouses in L’Amoureaux, Oakridge, Briar Hill, and Islington. A 3-bedroom dream house is waiting for you in Malvern if you’re ready to spend $599. For the same price, you can choose the 4-bedroom home in Waterfront Communities.
3. Homes above $600.
If you’re ready to step into the $600 category, then you have a wide range of luxurious options to choose from. From single-family homes packed with a lot of amenities to townhouses with 5 bedrooms – Toronto‘s real estate market is booming with the best luxury townhouses. It’s just a matter of choosing your preferable neighborhood – Clairlea, Markland Woods, Woburn, Weston, West Hill, New Toronto, and much more.