The Greater Toronto Area (GTA) offers residents the chance to live in a large house with a backyard while staying close to the city’s heart. The GTA includes Toronto and the local governments of Halton, Peel, York, and Durham, Canada’s most populous metropolitan area.
The Toronto region’s average house price reached approximately $1,017,796 as of March 2026, reflecting a modest year-over-year decline as the market stabilizes. We’ve compiled a list of inexpensive homes in the Greater Toronto Area currently on the market priced under $649,900.
To inform their particular judgments, prospective purchasers should conduct more investigation and pricing analysis for the houses and neighbourhoods that fit their financial situation and lifestyle requirements. The information is not meant to solicit vendors or buyers already working with a brokerage.
1. Cheapest Homes for Sale in The City of Toronto
Etobicoke to the west and Scarborough to the east are parts of the City of Toronto. As of March 2026, the city’s average home price was approximately $1,022,874, with entry-level options under $650,000 largely limited to townhouses and select condos.
7-129 Isaac Devins Blvd – Toronto, ON
4049 Bayview Ave – Toronto, ON
2. Cheapest Homes for Sale in Peel Region
The cities of Brampton and Mississauga, as well as the more rural area of Caledon, are all part of the Peel Region, which is situated west of the City of Toronto. As of March 2026, the average property price in Peel was $956,714, with more opportunities for ground-related homes than in Toronto.
89 John St – Brampton, ON
69 Argyle Cres – Brampton, ON
147-3040 Constitution Blvd – Mississauga, ON
2035 S Millway – Mississauga, ON
3. Cheapest Homes for Sale in York Region
The York Region, which lies to the north of the City of Toronto, comprises urban districts like Newmarket, Markham, Richmond Hill, and Vaughan, as well as rural places like Georgina and King. In March 2026, the typical house price in this area was approximately $1,164,324, with very limited inventory under $650,000.
2528-30 Westmeath Lane – Markham, ON
4. Cheapest Homes for Sale in Durgam Region
One of the most affordable places to reside in the GTA is Durham, located east of Toronto. Small towns like Scugog and Uxbridge are included, as are a few small cities, including Oshawa, Ajax, Clarington, and Whitby. As of March 2026, the average cost of a home in Durham was approximately $835,985, making it the most accessible region for buyers under $650,000.
265 Clarke St – Oshawa, ON
14-10126 Long Sault Rd – Clarington, ON
5. Cheapest Homes for Sale in Halton Region
Halton is located west of the City of Toronto, beyond the Region of Peel, and includes the cities of Milton, Burlington, and Oakville. It also includes Halton Hills, a more rural community. As of March 2026, the average price for a home in Halton was approximately $1,137,426, with sub-$650,000 options typically limited to townhouses or niche properties.
40-02-2420 Baronwood Dr – Oakville, ON
23-1525 Elm Rd – Oakville, ON
587 Timber Lane – Burlington, ON
84-661 Childs Dr – Milton, ON
107-1206 Main St E – Milton, ON
