Ontario's Cheapest Homes For Sale Are Under $150K & Here Are 6 That You Can Buy

These are some of the most affordable housing options in the province.

Contributing Writer

Finding Ontario homes for under $150,000 without a time machine may seem impossible, but believe it or not, they're actually quite a few properties in the province that are still selling for cheap.

While these houses are far from luxurious, the sheer amount of money they allow you to save on mortgages and down payments will have you at least considering packing your bags and moving to Thunder Bay.

So, if you ever wanted to explore some of the most affordable housing options in Ontario, these gems are a great start.

Quaint Rainy River Starter Home 

Kerry Pasloski | RE/MAX

Price: $144,900

Address: 113 2 St., Rainy River, ON

Description: This adorable two-storey and three-bedroom home has been renovated over the years and features a relatively modern interior.

View Here

Original Woodwork Home

Nelson Pasciullo | REMAX

Price: $139,900

Address: 130 Franklin St. S, Thunder Bay, ON

Description: A modest home that's reasonably priced, which leaves the possibility for renovations wide-open.

View Here

Dual Homes

Kerry Pasloski | RE/MAX

Price: $120,000

Address: 303 5 St., Rainy River, ON

Description: A 1176 square foot starter property with a cabin-like interior comes with a one-bedroom mini-home attached to it.

View Here

Brown Brick House

Simone Donaldson | RE/MAX

Price: $119,900

Address: 77 Matachewan Rd., Manitouwadge, ON

Description: This two-bedroom cozy and spacious home would be ideal for anyone looking to invest in moving up north.

View Here

Small, But Bright Home

Simone Donaldson | RE/MAX

Price: $114,900

Address: 19 Neebig Ave., Manitouwadge, ON

Description: A smaller home with a bright character is surrounded by a fully fenced yard and is located close to a public school.

View Here

Young Family Home

Scott Coffey | RE/MAX

Price: $109,000

Address: 79 Highway 72, Balmertown, ON

Description: An affordable three-bedroom home that offers 1340 square feet of living space and some modern finishes.

View Here

  • Contributing Writer

    Patrick John Gilson (he/him) is a Contributing Writer with Narcity Media. He is a pro at ensuring his content is both exciting and tailored to millennials. He specializes in breaking news and investigative stories that require him to be on scene— something he enjoys and thrives in.

This Ontario gem with waterfront towns and beaches is one of Canada's 'best' spots to live

It has "large" homes "priced much lower" than major Canadian cities.

Canada's housing market is set to get cheaper and 5 cities are dropping more than Toronto

A buyer's market is finally taking shape across much of Canada. 🏡

The White House released an AI video insulting Canada and Brady Tkachuk is firing back

The video depicts the Ottawa Senators captain calling Canadians "maple syrup eating f---s."

Canadian father detained by ICE for months says he got 1 frozen waffle in 24 hours

He's been a permanent resident of the U.S. for nearly 30 years.

Ontario man accused of assaulting a crossbow-wielding home intruder has charges withdrawn

"If a guy breaks into your house and he has a crossbow ready to kill you, it's free game," Premier Doug Ford said.

Canada is predicted to see zero population growth in 2026 after massive immigration cuts

Temporary work and student visas have been cut nearly in half.