In the first quarter of the year the Greater Toronto real estate market witnessed record home sales, according to the Toronto Real Estate Board. Since the prices of single-family detached homes are continuously rising in the area, we wanted to find out which are the cheapest options in the most expensive precincts.
Below you can find the cheapest homes on the market in the priciest areas of Greater Toronto:
#1: 31 Craiglee Drive, Toronto City, 2 bedrooms, 1 bathroom, $399,000
Lying in the Birch Cliff neighbourhood of Toronto City is this homey 2-bedroom house with a large backyard. The bungalow-style home is situated on a quiet street, in the proximity of schools, shops and public transport, and is perfect for renovations.
#2: 108 Springhead Gardens, Richmond Hill, 3 bedrooms, 2 bathrooms, $678,000
Richmond Hill’s cheapest listing is this 3-bedroom detached link home, at getting on for double the price of the previous unit, and the most expensive property on our list. It features a finished basement, 2 baths, a well-equipped kitchen, spacious rooms and proximity to the most important amenities.
#3: 17321 Shaws Creek Road, Caledon, 1 bedroom, 1 bathroom, $289,900
Would you love to live in a cute cottage-style home in a quiet area? If your answer is yes, then this one-bedroom house will surely set your heart racing. Lying in the popular Caledon neighbourhood, the home boasts an eat-in kitchen, a gas fireplace, laminate flooring and a well-maintained lot, all for a price below $300,000!
#4: 260 Stone Road, Aurora, 3 bedrooms, 3 bathrooms, $549,888
Lying in the sought-after Aurora Grove area is this stunning detached family home, featuring a fully-equipped kitchen, a walk-out basement, 3 good-sized bedrooms and 3 baths. The listing is situated in a family-friendly neighbourhood, close to schools, parks and shops.
#5: 180 Doubtfire Crescent, Markham, 3 bedrooms, 4 bathrooms, $660,000
The cheapest home currently on the market in Markham is this 3-bedroom, 4-bath home, boasting leaded windows, a new roof, a kitchen with brand new stainless steel appliances and granite countertops, and a deep lot with a 2 tier deck. The listing is situated in one of the best school districts in the area, so you might want to act quickly before it sells!
#6: 3259 New Street, Burlington, 1 bedroom, 1 bathroom, $429,000
The most inexpensive home in Burlington is this intimate one-bedroom, one-bath bungalow-style property. The small house features a bright and airy interior, a spacious kitchen, a large living room with a gas fireplace and natural light throughout.
#7: 1232 Fox Hill, Innisfil, 4 bedrooms, 3 bathrooms, $489,900
Lying at the southern periphery of Innisfil is this large 4-year-old home, featuring 9-foot ceilings, hardwood floors, plenty of green space and a fully fenced backyard. The 4-bedroom, 3-bath home is situated on a quiet street backing into a ravine, close to public transport, shops and schools.
#8: 19110 Dufferint St, King, 2 bedrooms, 1 bathroom, $459,000
The least expensive home in the township of King is this 2-bedroom, one-bath listing, currently under renovation. If you aim to do a bit of gardening for yourself and your family, then we have good news! The house is located on a large country lot, ideal for cultivating plants or for family games.
#9: 27 Valleyfield Ptlt 14 Road, Whitchurch-Stouffville, 3 bedrooms, 1 bathroom, $399,800
Located on a peaceful street in the Musselmans Lake community is this 3-bedroom home, the cheapest one in Whitchurch-Stouffville. Boasting a new deck, laminate and vinyl flooring throughout, spacious rooms and a kitchen with granite counters, this unit is ideal for those who wish to have a place of their own in this up-and-coming neighbourhood, and at a reasonable price!