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Ditch the Condo: 10 Budget-Friendly Toronto Homes Under $1M

Aiden Lowrie by Aiden Lowrie
December 12, 2024
in Buying a Home, Knockout Listings, Market Insights, Toronto Real Estate
Reading Time: 10 mins read
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Condos are fantastic for many reasons, but they’re not ideal for everyone. After a year of significant changes to the housing market and remarkable growth in Toronto, finding homes for under a million is not as easy as previously hoped. If you’re looking for a new home, here are ten homes on the market listed for under $1M. 

63 Cleveland St, Toronto, ON

Listed by: SUTTON GROUP-ADMIRAL REALTY INC.
Listed by: SUTTON GROUP-ADMIRAL REALTY INC.

Property Details 

  • 2 bed, 2 bath
  • Townhouse
  • Renovated

Completely renovated and located in the sought after Maurice Cody school boundary, this cute townhouse is ideal for small families or anyone looking to downsize. Recent upgrades include the roof, siding, a high-efficiency furnace, and more. 

View the listing here.

32 – 78 Carr St, Toronto, ON

Listed by: SAGE REAL ESTATE LIMITED
Listed by: SAGE REAL ESTATE LIMITED

Property Details 

  • 2 bed, 2 bath
  • Townhouse

Right in the heart of one of Toronto’s most vibrant neighbourhoods, this urban townhouse is ready for you to call it home. A Juliette balcony, 9-foot ceilings, underground parking, and a storage locker are just some features this modern home offers. 

View the listing here.

1101 Woodbine Ave, East York, ON

Listed by: ROYAL LEPAGE SIGNATURE REALTY
Listed by: ROYAL LEPAGE SIGNATURE REALTY

Property Details 

  • 3 bed, 2 bath
  • Semi-detached 
  • Renovated

Only steps from the Danforth, recently renovated, and with a perfectly private backyard, this semi-detached home is everything a family needs. The finished basement offers more living space, and the garden shed offers more storage.

View the listing here.

1167 Roselawn Ave, York, ON

Listed by: sotheby`s international realty canada
Listed by: sotheby`s international realty canada

Property Details

  • 2 bed, 2 bath
  • Single Family Home

A fantastic opportunity for downsizers, first-time buyers, or empty nesters, this is a lovely little home ready for you to make your own. It’s been lovingly maintained and has retained some of its original charm, like the parquet flooring. The finished basement is ideal for rental income or for visiting guests. 

View the listing here.

10 Hannaford St, Toronto, ON 

Listed by: PROPERTY.CA INC.
Listed by: PROPERTY.CA INC.

Property Details

  • 2 bed, 2 bath
  • Attached 
  • Finished Basement

This Kingston Village row house, a charming blend of elegance and modernity, will wow you with its stunning upgrades. A fully finished basement, glass railing staircase, skylights, and maple wood flooring are just a few of the elegant features waiting to be seen. 

View the listing here.

1716 Dundas St E, Toronto, ON 

Listed by: BOSLEY REAL ESTATE LTD.
Listed by: BOSLEY REAL ESTATE LTD.

Property Details 

  • 3 bed, 2 bath
  • Attached 

This is a home perfect for the busy family, with dual parking, a walkout basement, and a spacious layout. It’s close to various amenities, like rec centers, breweries, and many of Leslieville’s culinary gems. The bedrooms are generously sized, and there’s room for a home office, playroom, or whatever else your family might need. 

View the listing here. 

38 Leroy Ave, East York, ON

Listed by: RE/MAX REALTRON REALTY INC.
Listed by: RE/MAX REALTRON REALTY INC.

Property Details

  • 2 bed, 1 bath
  • Single Family Home

If you want the convenience of the city but suburban vibes, this home might be perfect for you. Complete with a quiet and private backyard, a fully finished basement, and a private driveway, it is a gem of a home. 

View the listing here.

482 Maybank Ave, Toronto, ON

Listed by: RE/MAX HALLMARK CHAY REALTY
Listed by: RE/MAX HALLMARK CHAY REALTY

Property Details 

  • 3 bed, 1 bath
  • Single Family Home

A true diamond in the rough, this Junction home is move in ready or can be customized to your heart’s desire. Close to amenities, a huge backyard, and a double garage, it has everything you need and more.

View the listing here.

111 Jones Ave, Toronto, ON 

Listed by: KELLER WILLIAMS REFERRED URBAN REALTY
Listed by: KELLER WILLIAMS REFERRED URBAN REALTY

Property Details

  • 2 bed, 2 bath
  • Detached 

Tiny but mighty, this detached home is equal parts adorable and cozy. Avid readers will love the built-in bookshelves, while interior design fans will appreciate the exposed brick focal points. The shed in the back is insulated and ideal for a workshop or she-shed, and the home has seen a few upgrades and improvements in recent years. 

View the listing here.

154 Elmer Ave, Toronto, ON

Listed by: SUTTON GROUP QUANTUM REALTY INC., BROKERAGE
Listed by: SUTTON GROUP QUANTUM REALTY INC., BROKERAGE

Property Details 

  • 2 bed, 1 bath
  • Freehold
  • 1121 sqft

This stunning two-bedroom townhome is in the coveted Toronto Beaches neighbourhood. It has an updated kitchen, plenty of storage, and is close to some of the best schools the city has to offer. The outside boasts a deck and personal parking, and the inside features amenities like a built-in Murphy bed and quartz counters. 

View the listing here. 


Are you looking to enter the real estate market this winter? Give us a call today! One of the experienced agents at Zoocasa will be more than happy to help you through the exciting home-buying process!

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Aiden Lowrie

Aiden Lowrie

A Zoocasa Content Marketing Assistant, Aiden Lowrie gets to blend her love of writing with her love of all things real estate and marketing as a blog contributor. She loves to find niche spots in and around the GTA to explore, or find ways to make the most out of your space. Outside of work and blogging, Aiden enjoys being outside in the sunshine, patios with friends and family, and working on her own blog. Connect with Aiden to read more of her articles and insights!

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