Looking for Homes in an Affordable Toronto Neighbourhood? Check Out This List!

Written by Posted On Wednesday, 03 July 2019 09:54

It seems that finding a Toronto home for less than $1 million is near impossible these days but have you considered looking for a home beyond the downtown area? Some Toronto neighbourhoods offer great properties in relatively affordable areas that aren’t too far from the city. Before you settle for a condo in the city or dry up your resources to buy a million-dollar home, be sure to read up about the following affordable Toronto neighbourhoods.


Greenwood-Coxwell is the Toronto neighbourhood for you if you’re looking for an affordable home in Toronto’s east end. The area is generally great for young families with kids as well as young professionals. The neighbourhood boasts of close proximity to the eateries, cafes, and restaurants of Little India and Danforth shops. There are plenty of exciting outdoor activities to keep you busy at Monarch Park too. Enjoy the off-leash dog park and an outdoor swimming pool while being mere steps away to groceries, bus stops, Coxwell subway station, parks, restaurants, and great schools. You really should have Greenwood-Coxwell on your list if you’re looking for a great yet affordable Toronto neighbourhood to move to!


Leslieville is the Toronto neighbourhood for you if you’re after a small town feel and want a neighbourhood that is near the city. Leslieville is a family-friendly community with quaint homes situated in mature tree-lined streets. Indie shops, restaurants, and coffee shops are just a stroll away, something you won’t find in some Toronto neighbourhoods. Greenwood Park is yours to explore and enjoy on most days. If you have a young family or looking for a starter home, Leslieville might be one of the best Toronto Neighbourhoods to begin your search in.

Regent Park

Regent Park is the Toronto neighbourhood for you if you want to live close to downtown but don’t want to spend more than a million for a house. The community has plenty of eateries, parks, coffee shops, and other exciting places to explore. Your money will go a long way finding affordable townhomes in Regent Park if you’re not into condo living.

The Junction

The Junction is the Toronto neighbourhood for you if you’re looking for a real residential area that is close to the downtown core. The Junction is called as such because it is where 4 railway lines meet. The neighbourhood has a strong suburban vibe and homes are quite large compared to what you can buy in the downtown area. Most available homes have direct street access that can’t be found in most condominiums. If you want a house for near-condo prices, better look for your new home in the Junction!

There is no doubt that Toronto is still one of the most expensive places in Canada if you want a home with a yard. However, with a bit of digging and help from seasoned real estate agents, you’ll be sure to find affordable Toronto homes if you focus your search in the neighbourhoods mentioned above.

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