7 Toronto Homes Under $900K You Didn't Know Existed

The phrase 'affordable Toronto real estate' can feel like an oxymoron — but with the right strategy, there are still legitimate opportunities to get into the market for under $900K. You just need to know where to look.

1. Semi-Detached Homes in Scarborough

Scarborough remains one of the best-kept secrets in the Toronto market. Well-maintained 3-bedroom semis regularly sell in the $650K–$850K range, offering far more space than equivalent downtown condos for significantly less money. With the Eglinton Crosstown LRT coming to the area, values here are expected to rise.

2. Townhouses in Etobicoke

Etobicoke offers some of the city's best value in the west end. Freehold townhouses — meaning no maintenance fees — can be found in the $800K–$950K range in neighbourhoods like Humber Heights and Rexdale. These are genuine family homes with garages and backyards.

3. Detached Homes in North York (East Side)

East North York — areas around Victoria Park and Warden — still has detached bungalows in the $850K–$950K range. Many are original condition, which means renovation potential and future upside.

4. 2-Bedroom Condos in Midtown

Along the Yonge-Eglinton corridor, well-priced 2-bedroom condos can still be found under $900K, especially in older buildings with higher square footage. The trade-off is condo fees, but location and amenity access are unmatched.

5. Pre-Construction Condos East of the DVP

Pre-construction projects east of the Don Valley Parkway — in areas like Leslieville, the Beaches, and East York — are pricing 1+den and 2-bedroom suites in the $700K–$900K range with extended deposit structures and occupancy 2–3 years out.

6. Converted Semis in the Junction & Roncesvalles

These gentrified west-end pockets occasionally see upper unit condos and converted properties come to market under $900K. You get the neighbourhood quality at a fraction of the detached price.

7. Bungalows in the Humber River Area

The neighbourhoods near the Humber River — Weston, Mount Dennis, and Rockcliffe-Smythe — are undergoing rapid transformation. Entry-level bungalows in the $700K–$850K range are available, and savvy buyers are moving in ahead of the curve.

The key to finding these deals? Speed and preparation. Have a pre-approval ready and a buyer's agent who can move quickly. The best homes under $900K get multiple offers within days of listing.