Snagging a home for under $1 million in Toronto these days is pretty difficult — and it’s near-impossible if you want that home to be detached! With the average price for a detached home in the city hitting $1,708,437 in March and $1,466,397 in the GTA, affordable single-family living feels like a pipe dream. But a new report has found the top 10 most affordable detached homes in the GTA — and a whole bunch of them are in Toronto.
The Zoocasa report looked at detached homes currently on the market in the GTA, finding homes ranging from a three-bedroom Oshawa home with luxury finishes listed for under $700,000 and a recently renovated three-level Etobicoke home for under $900,000. Many of the homes on the top 10 list came in under $700,000 — so, with that benchmark in mind, we’ve rounded up the most affordable detached homes on the market in Toronto right now, all listed for less than $700,000.
39 Hatherley Rd.
Listed for: $599,999
Tied for first for the cheapest detached home in the city right now, 39 Hatherley Rd. is located in the Oakwood Village neighbourhood, just north of Dufferin and St. Clair. Featuring two bedrooms and one bathroom across two storeys and a fenced backyard perfect for summer barbecues, this property is the perfect condo alternative for a couple or small family.
218 Eileen Ave.
Listed for: $599,999
Holding the shared title for the most affordable detached home for sale in Toronto, 218 Eileen Ave. packs three bedrooms and one bathroom across its 1.5 storeys. Located in Keelesdale-Eglinton West, this home is pretty much a blank slate ready to be renovated into the home of your dreams — including a potential garage-to-garden-suite conversion in the enclosed backyard.
20 East Dr.
Listed for: $698,900
Though the home at 20 East Dr. is just one storey, that includes a finished basement with a two-piece bathroom and two bedrooms in addition to the two bedrooms on the main floor. This west-end bungalow includes an updated kitchen with stainless steel appliances and is located in the growing neighbourhood of Rockliffe-Smythe.
301 Chisholm Ave.
Listed for: $699,000
This East York bungalow includes two bedrooms with room for one more in the basement and one bathroom. While the basement at 301 Chisholm Ave. is unfinished, it has a separate entrance, leaving plenty of room for renovations or conversions into an in-law or income suite. The fenced backyard is also a deep lot, ideal for those with lofty backyard landscaping visions.
12 Cayuga Ave.
Listed for: $699,000
With updated flooring and plenty of charm, 12 Cayuga Ave. is a true gem of the Rockliffe-Smythe neighbourhood. With two bedrooms, two bathrooms and perks that include a stainless steel-adorned kitchen, stained glass accents and a spacious primary bedroom, there’s so much to love about this 1.5-storey property. While the basement is unfinished, the backyard is ready to go for those summer days, and a large two-car laneway garage gives you some peace of mind for storing any vehicles.
570 Blackthorn Ave.
Listed for: $699,000
The bungalow at 570 Blackthorn Ave. includes two bedroom, two bathrooms and a spacious lower level that includes a full bathroom, kitchen, walk-in closet, and a room that could be turned into a bedroom or rec room. Located in Keelesdale-Eglinton West, the property also comes with a detached garage for optimal safety.
45 Juliet Cres.
Listed for: $699,000
Built for extra income potential, the bungalow at 45 Juliet Cres. is home to two bedrooms and two bathrooms, along with a basement with a separate entrance that includes a kitchen, bathroom and living space (that could easily become a studio unit). The Keelesdale-Eglinton West property includes a detached single car garage and a driveway with space for up to five cars.
17 Windhill Cres.
Listed for: $699,000
With two storeys — rarity for homes at this price point in Toronto — 17 Windhill Cres. has plenty of square footage and living space. Featuring three bedrooms and two bathrooms, the Humbermede property has updated laminate floors, a fully finished lower level, an extra-long driveway and a private backyard with a patio and greenery.
286 Hullmar Dr.
Listed for: $699,999
Coming in just under $700,000, 286 Hullmar Dr. is a raised bungalow three bedrooms and two bathrooms. With two separate living units already built into the property, this home is ideal for anyone looking for extra rental income, planning for eventual multi-generational living or interested in co-ownership with friends or family. The North York home is located just south of Steeles Avenue and minutes from the Pioneer Village TTC subway station.
