Looking for a new home can be stressful. While living near Toronto can be convenient, it can also be quite expensive. Fortunately, there are affordable houses outside of the city that won't break the bank. Whether you're a first-time buyer, a family, or just looking for something new, these homes come at a much lower cost than many spots within the city. These cheap homes near Toronto cost less than $350,000 and are still close enough to commute.

The Toronto housing prices continue to rise, and it doesn't look like that's going to change anytime soon.

In September, we found the cheapest home on the Toronto market, which was listed at $399,900, despite its tiny size. For a lesser price, you can move into some roomier spots just outside the city.

If you love living close to the city, but don't love the hefty real estate price tags, you might want to consider moving to one of these more affordable spots.

While these places aren't in the heart of the city, many are under an hour and a half drive away.

These spots are ideal for first-time buyers, or anyone wanting to save some money.

Though some require some upgrades or personal touches, you can make these homes your own.

9 Sunrise Cir.

Price: $339,000

Address: 9 Sunrise Cir., Bradford West Gwillimbury, ON

Description: With three bedrooms and two bathrooms, this place is ideal for families. It boasts a yard and overlooks peaceful farm fields, and is less than an hour and a half from Toronto.

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132 E 44 St.

Price: $299,900

Address: 132 E 44 St., Hamilton, ON

Description: This small home comes with a detached garage and is located in a quiet neighbourhood. It's around an hour commute into Toronto from this location.

 

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66 Brock St. 

Price: $299,900

Address: 66 Brock St., Brantford, ON

Description: With hardwood floors and loft-style bedrooms, this home is a great spot for someone wanting to add their own personal touches. The location is around an hour and a half from Toronto.

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6 Champlain Crt.

Price: $299,999

Address: 6 Champlain Crt., Bowmanville, Newcastle, ON

Description: This home comes with a three-season sunroom and waterfront trails for under $300,000. Located in Newcastle, the house is about an hour from Toronto.

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692 Colborne St.

Price: $329,900

Address: 692 Colborne St., Brantford, ON

Description: Located about an hour and a half from Toronto, this home has hardwood floors as well as a detached garage.

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82 Charles Best Pl.

Price: $329,900

Address: 82 Charles Best Pl., Kitchener, ON

Description: This four-bedroom semi-detached home is around an hour and a half from Toronto. It has lots of potential for those wanting to make something truly their own.

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There are stories everywhere. If you spot a newsworthy event in your city, send us a message, photo, or video @NarcityCanada on Twitter and Instagram.


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