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Home Affordability

10 Affordable Fixer-Uppers in Ontario for First-Time Homebuyers

Tyson Hill by Tyson Hill
January 19, 2024
in Affordability, Ontario
Reading Time: 11 mins read
A family renovating their home.
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Many first-time homebuyers look for a fixer-upper home because of their lower price, potential for an increased home value, and customization opportunities. A fixer-upper home may be a little outdated and need some repairs but for those willing to put in the work they offer plenty of benefits. You can generally get these homes for a steal of a price, and after some renovations can then either resell it to make a profit or enjoy the masterpiece you just created. Here are 10 fixer-upper homes in Ontario that may be worthwhile looking at!

h – 223 Harvard Place – Waterloo

Listed by: RED AND WHITE REALTY INC
Listed by: RED AND WHITE REALTY INC.

Property details:

  • 3 beds, 1 bath, 2 parking
  • Townhouse
  • Walking score 64/ Transit score 42

This well-cared-for and super clean 3-bedroom townhouse offers 8-foot ceilings, a large eat-in kitchen, ceramic flooring, and a walk-out to your finished backyard with gorgeous retaining stones. The renovation opportunities are endless in this good-sized home.

View the listing and price here.

182 York Road – Guelph

Listed by: keller williams home group realty
Listed by: keller williams home group realty

Property details:

  • 3 beds, 1 bath, 2 parking
  • Detached
  • Walking score 70/ Transit score 51

Perfect for first-time buyers, this 3-bedroom detached home provides a great investment opportunity for years to come! With 2 upper-level bedrooms and a main floor with a bedroom and den, the options are endless.

View the listing and price here.

57 – 166 Southdale Road West – London

Listed by: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
Listed by: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Property details:

  • 3 beds, 1 bath, 1 parking
  • Townhouse
  • Walking score 48/ Transit score 41

This two-storey townhouse offers a bright and spacious living space, an open-concept design, oversized windows, an elegant dining area, and 3 large bedrooms on the upper level. Also great for an investment property, the opportunities are in your hands with this home!

View the listing and price here.

251 2nd Street – Hanover

Listed by: exp realty, brokerage (wal)
Listed by: exp realty, brokerage (wal)

Property details:

  • 3 beds, 2 baths, 11 parking
  • Detached
  • Walking score 55/ Transit score N/A

With fabulous curb appeal and well-maintained property, this 3-bedroom home with 11 parking spaces boasts a large kitchen and dining area, a rear patio, an attached double garage, and a large L-shaped recreation room in the basement. With a few renovations, this home is a great investment opportunity.

View the listing and price here.

122 Montrose Street North

Listed by: CENTURY 21 MILLER REAL ESTATE LTD.
Listed by: CENTURY 21 MILLER REAL ESTATE LTD.

Property details:

  • 2 beds, 2 baths, 2 parking
  • Detached
  • Walking score 81/ Transit score 44

Whether you’re a first-time buyer or just looking to build your investing portfolio, this 1.5-storey home features an in-ground pool, well-maintained interiors, a functional layout, spacious bedrooms, and a warm atmosphere!

View the listing and price here.

208 Elliott Street – Cambridge

Listed by: RE/MAX SOLID GOLD REALTY (II) LTD.
Listed by: RE/MAX SOLID GOLD REALTY (II) LTD.

Property details:

  • 3 beds, 1 bath, 3 parking
  • Detached
  • Walking score 75/ Transit score 38

This solid brick bungalow in a family-focused neighbourhood provides a spacious floor plan, 3 spacious bedrooms, tons of natural light, and room for renovation.

View the listing and price here.

3314 Main Street – North Stormont

Listed by: Royal LePage Performance Realty
Listed by: Royal LePage Performance Realty

Property details:

  • 3 beds, 1 bath, 4 parking
  • Detached
  • Walking score 27/ Transit score N/A

Situated on an oversized lot, this welcoming home offers a spacious kitchen, an open-concept dining and living area, three generously sized bedrooms, and an above-ground pool.

View the listing and price here.

14 Edison Avenue – Sault Ste. Marie

Listed by: exit realty true north
Listed by: exit realty true north

Property details:

  • 3 beds, 1 bath
  • Detached
  • Walking score 62/ Transit score N/A

Located in a nice neighbourhood, this fixer-upper offers three bedrooms, an updated bathroom, new shingles, and a spacious backyard!

View the listing and price here.

1037 Second Street East – Fort Frances

Listed by: RE/MAX NORTHWEST REALTY LTD.
Listed by: RE/MAX NORTHWEST REALTY LTD.

Property details:

  • 1 bed, 1 bath
  • Detached
  • Walking score 75/Transit score N/A

Located in a charming neighbourhood, this fixer-upper offers three bedrooms, an updated bathroom, new shingles, and a spacious backyard!

View the listing and price here.

22 North Bartlett Street – Kingston

Listed by: GORDON’S DOWNSIZING & ESTATE SERVICES LTD, BROKERAGE
Listed by: GORDON’S DOWNSIZING & ESTATE SERVICES LTD, BROKERAGE

Property details:

  • 4 beds, 2 baths, 4 parking
  • Detached
  • Walking score 89/ Transit score 56

Built in 1944, this 1300 sqft home offers a functional main level with an eat-in kitchen, a private principal suite on the second floor, a balcony overlooking the backyard, and a finished basement equipped with 3 bedrooms and a 3 piece bathroom. This home is waiting to be transformed!

View the listing and price here.

Are you looking for a fixer-upper home in Ontario? Connect with an agent today! Our real estate agents are more than happy to help you along this exciting journey!

Looking in Ontario?
Contact us today to speak to a Realtor in your area
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Tyson Hill

Tyson Hill

Tyson Hill is a Content Marketing Assistant at Zoocasa. Tyson’s insight provides readers with an understanding of the current real estate market and the hidden properties that offer great value. Tyson covers many topics on insurance and mortgages, affordable properties and homeownership expertise.

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