New Toronto Homes under $1.5 million

New Toronto Homes under $1.5 million

Welcome to New Toronto, a vibrant and charming neighborhood nestled in the heart of Toronto, Ontario. Known for its rich history and welcoming community, New Toronto offers an ideal blend of urban convenience and suburban tranquility. Situated along the picturesque shores of Lake Ontario, this neighborhood boasts stunning waterfront views and an array of recreational opportunities, making it a perfect place for families, young professionals, and retirees alike.

As you stroll through the tree-lined streets, you'll discover a delightful mix of architectural styles, from classic bungalows to modern townhomes, all reflecting the area’s unique character. One of the standout features of New Toronto is its affordability, with a variety of homes available for under $1.5 million. This makes it an attractive option for those looking to invest in the Toronto real estate market without breaking the bank.

Residents of New Toronto enjoy easy access to local amenities, including charming cafes, boutique shops, and vibrant parks, perfect for weekend picnics or leisurely strolls. The neighborhood is also well-connected to public transit, making commuting to downtown Toronto a breeze. For families, the area is served by excellent schools and community centers, fostering a strong sense of belonging and community spirit.

Whether you're seeking a cozy starter home or a spacious family residence, New Toronto has something to offer everyone. With its friendly atmosphere, beautiful surroundings, and affordable housing options, it’s no wonder this neighborhood is quickly becoming one of Toronto’s most sought-after destinations. Come explore New Toronto—you might just find your dream home here!

Newest New Toronto Homes under $1.5 million

154 Fifth Street, Toronto
$999,000
3 Beds ⋅ 2 Baths ⋅ W13853544 MLS
Welcome to a rare stunning detached home, ideally located just steps from Toronto's waterfront, offering the perfect combination of lifestyle, location, and exceptional income potential.A Convenient access to the TTC streetcar and GO Transit makes commuting to downtown Toronto. Enjoy lakeside living surrounded by beautiful parks, waterfront trails, excellent schools, public transit, and the shops, restaurants, and amenities along Lake Shore Boulevard all while being just a short drive from downtown Toronto. Inside, the home features a bright and spacious open-concept main floor filled with natural light, with separate living and dining areas perfect for everyday living and entertaining. What truly sets this property apart is its rare oversized lot and incredible income potential. The fully finished basement features a separate side entrance, creating an excellent opportunity for additional rental income while maintaining your own private living space upstairs. The expansive, private, gated backyard offers plenty of room for entertaining and family enjoyment, featuring a large patio, hot tub, retractable swing, shed, and generous green space. With convenient laneway access, an already-poured concrete slab, and hydro hookup along the rear fence line, the property also offers the exciting opportunity for a Garden Suite, creating the potential for an additional living space and another source of income. Whether you're a first-time buyer looking to help offset your mortgage, a family seeking more space, or an investor searching for a property with multiple income possibilities, this home delivers tremendous versatility and long-term potential. Steps from the lake, an oversized lot, a separate-entrance basement, and Garden Suite potential-this is much more than a home; it's an opportunity to live, invest, and grow in Toronto.

154 Fifth Street, Toronto
52 Third Street, Toronto
$1,499,000
4 Beds ⋅ 3 Baths ⋅ W13849476 MLS
Welcome to 52 Third Street, a detached New Toronto home offering approximately 1,200 sq. ft. of living space above grade, plus a finished lower level and a separate conditioned studio. Thoughtfully designed for everyday living, the home combines flexible interior space with features that are surprisingly difficult to find in the neighbourhood, including private driveway parking for two vehicles, EV charging and a fully fenced, private backyard. The main floor features a welcoming foyer, well proportioned living room and a spacious kitchen with extensive cabinetry, centre island and breakfast bar. A convenient mudroom and powder room add to the everyday functionality of the space. Upstairs are three bedrooms, a full bathroom and a bright rear sunroom, offering a versatile space for a home office, reading room, playroom or quiet retreat. Above, a walkable attic with a window and electricity provides substantial storage. The finished lower level adds even more flexibility, with a room featuring an egress window that could work as a fourth bedroom or recreation space, along with an office, full bathroom, laundry and additional storage. Outside, the fully fenced backyard offers a private setting for entertaining, gardening and family life. The approximately 180 sq.ft. detached studio is one of the home's standout features, with electricity, ethernet, electric heat and air conditioning. It could serve as a home office, gym, creative studio, workshop or private retreat. There is also additional storage beneath the deck and house, storage beside the studio and a gas hookup for a BBQ. Located steps from Lake Ontario, waterfront parks and trails, with schools, transit, shops, restaurants and major commuter routes nearby, 52 Third Street offers an unusually complete combination of space, parking, privacy and flexibility in New Toronto.

52 Third Street, Toronto
14 Lake Shore Drive, Toronto
$1,250,000
3 Beds ⋅ 2 Baths ⋅ W13849146 MLS
Location, Location: "Lake Shore Drive". Across the Street from Lake Front. Close to Water Front parks + paths. Well cared for home which offers in-law suite or rental possibilities. Separate Entrance, Situated on large lot. Walking distance to TTC + 5 minutes to "Mimico GO". Kitchen and 2 bathrooms updated. Hardwood Floors.

14 Lake Shore Drive, Toronto
45 Seventeenth Street, Toronto
$925,000
4 Beds ⋅ 2 Baths ⋅ W13835742 MLS
Welcome To This Spacious And Elegant Detached Bungalow In Highly Desirable South Etobicoke! Offering A Bright And Functional 2+2 Bedroom, 2 Bathroom Layout, This Home Features An Open-Concept Main Floor With A Fully Renovated Kitchen And Bathroom. The Kitchen Offers A Stylish Breakfast Bar And Walkout To A Private, Professionally Landscaped Backyard - The Perfect Setting For Entertaining Family And Friends. The Finished Basement Includes A Full Kitchen And Separate Entrance, Creating Excellent Potential For An In-Law Suite, Extended Family. A Well-Maintained Home With Versatile Living Space In A Sought-After Neighbourhood - This One Is Not To Be Missed!

45 Seventeenth Street, Toronto
259 Sixth Street, Toronto
$824,900
3 Beds ⋅ 2 Baths ⋅ W13822098 MLS
New look, new layout - and even more to love! Now offering 3 bedrooms, 2 bathrooms and a whole lot of personality! Tucked away on a quiet cul-de-sac just steps from the lake, this beautifully renovated freehold row house is truly one of a kind. No maintenance fees, just a thoughtfully designed home filled with character, warmth and style.From the moment you walk in, the details stand out. Curated finishes, layered textures, exposed brick accents and natural light create a space that feels both elevated and inviting. Two fireplaces add warmth and charm, while the layout flows effortlessly from room to room.The third-storey loft is the showstopper. With vaulted ceilings, skylights and architectural angles, this incredible space has been designed as a primary bedroom retreat, offering a serene and elevated escape.Step outside to your private, east-facing fenced backyard, perfect for morning coffee, gardening or relaxing in the sun. One parking space off the laneway adds everyday convenience, with exciting future potential for a garage and laneway suite.Enjoy glimpses of the lake from the front of the home, the peace of a low-traffic street, and the added bonus of a parkette right across the street - perfect for kids, dogs or simply having a little extra green space outside your door.All of this in the heart of New Toronto, close to the waterfront, parks, transit, shops and everything this incredible neighbourhood has to offer. This is not your typical row house. It's a home with soul. **View 3D tour**OPEN HOUSE SATURDAY & SUNDAY**

259 Sixth Street, Toronto
23 16th Street, Toronto
$1,088,888
5 Beds ⋅ 4 Baths ⋅ W13807128 MLS
Welcome to 23 Sixteenth St, Etobicoke - a beautifull lot 40 Feet x 120 Feet, a fully renovated, turnkey investment property offering exceptional income potential in a highly desirable location.This spacious home features three self-contained units:Main Floor: 2 bedrooms, 2 bathrooms, kitchen Second Floor: 2 bedrooms, 1 bathroom, kitchen Basement: 1 bedroom, 1 bathroom, kitchenIn total, the property offers 5 bedrooms, 4 bathrooms, and 3 kitchens, thoughtfully designed to maximize functionality and rental income.The property has been fully renovated, providing a modern and low-maintenance living environment for both owners and tenants.Ideal for investors or end-users, this property offers flexibility to live in one unit while renting out the remaining units, or to fully lease the entire building for strong income potential.The seller and listing brokerage make no representations or warranties regarding retrofit status, zoning compliance, or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements and property details.

23 16th Street, Toronto
41 Lake Shore Drive Unit 502, Toronto
$499,000
2 Beds ⋅ 1 Baths ⋅ W13805534 MLS
Bright & Spacious Corner Suite. Two Bedroom Apartment In Well Maintained Co-Op Building. Large Living And Dining Room With Hardwood Floors and Walk-Out To Beautiful Long Balcony. Kitchen Has Granite Counters, Stainless Steel Appliances and Ceramic Backsplash. Large Primary Bedroom With Walk In Closet. Lake Views From Bedrooms. Quiet Lakefront Building. Exclusive Use Underground Parking. Exclusive Use Locker. Maintenance Fee Includes Property Taxes, Heat, Hydro, Water and Building Insurance. *Dogs Are Not Permitted. Must Be Owner Occupied Only, No Rentals. Building Has Shared Laundry Room (Coin Operated). Excellent Location - Steps To Transit, Schools, Parks, & Shops.

41 Lake Shore Drive Unit 502, Toronto
225 Birmingham Street Unit 150, Toronto
$848,800
3 Beds ⋅ 3 Baths ⋅ W13804998 MLS
Bright, spacious and beautifully maintained, this corner-unit townhome offers an easygoing lifestyle in South Etobicoke. Built in 2023 and freshly painted, it features abundant natural light and 9-ft ceilings on the main floor.With 3 bedrooms and 2.5 bathrooms, the home has a comfortable layout with modern finishes and thoughtful upgrades throughout.Enjoy a private rooftop terrace with a BBQ gas line-perfect for unwinding, entertaining or getting fresh air.Located close to Lake Ontario, parks, schools, Humber College, shops, restaurants, transit, the Lakeshore streetcar, Mimico GO, and major highways, this home offers low-maintenance, stress-free living in a prime South Etobicoke location.

225 Birmingham Street Unit 150, Toronto
26 Sixteenth Street, Toronto
$699,000
5 Beds ⋅ 2 Baths ⋅ W13791796 MLS
Welcome to this beautifully updated bungalow in the heart of South Etobicoke, situated on a deep lot across from Colonel Samuel Smith Park. This turnkey 2+3 bedroom home offers incredible flexibility for end users, investors, or multi-generational living.This bright main floor features 2 spacious bedrooms, a modern kitchen, separate dining area, and a renovated 4-piece bath. The fully finished lower level includes a private separate entrance, 3 bedrooms, second kitchen, laundry, and an additional 3-piece bath - ideal for rental income or extended family.Enjoy beautifully landscaped front and backyard spaces, a new front patio with LED lighting, backyard deck, garden shed, detached garage, and parking for up to 7 vehicles.Steps to waterfront trails, transit, Humber College, shops, restaurants, and minutes to Long Branch GO Station and Mimico GO Station.A rare opportunity to own a versatile income-generating property in one of Etobicoke's most desirable waterfront communities.

26 Sixteenth Street, Toronto
3076 Lake Shore Boulevard W Unit Th10, Toronto
$829,900
3 Beds ⋅ 3 Baths ⋅ W13787706 MLS
Modern Urban Living in South Etobicoke! This stunning and spacious executive townhouse at offers approximately 1,600 sq. ft. of bright interior living space.with rarely find double car garage, featuring a functional 2-bedroom, 3-bathroom layout, this home provides the perfect blend of style and convenience.The entire residence has been freshly painted and features gleaming hardwood floors throughout. The open-concept main floor is enhanced by newly installed pot lights and can easily be converted to a third bedroom with washroom beside. Smooth ceiling and pot lights throughout second floor featuring living room and kitchen, creating a warm and sophisticated ambiance. Third floor has two bedrooms with ensuite to ensure your privacy at most. Commuting is a breeze with TTC and streetcar at your doorstep, providing direct access to Downtown Toronto. Enjoy being steps away from the lakefront, scenic parks, local cafes, and Humber College. Whether you are a professional seeking a quick commute or looking for a generous, turnkey living space, this townhouse is a must-see!

3076 Lake Shore Boulevard W Unit Th10, Toronto
195 Islington Avenue, Toronto
$639,000
2 Beds ⋅ 2 Baths ⋅ W13786212 MLS
{STEP INSIDE} Welcome to this freehold semi-detached home in New Toronto, where the big-ticket updates are already done. The newly renovated main floor features new flooring, an improved open-concept layout connecting the living room and kitchen, plus updated heating and A/C. Enjoy your own backyard, a rare neighbourhood bonus with the detached garage, and the added value of freehold ownership with no condo fees. {MAIN LEVEL} Vinyl flooring runs from the foyer through the living room, dining rm, kitchen & mudroom for one continuous, low-maintenance surface. Living rm and dining rm have their own windows, so the space stays bright. Kitchen is set up to cook in: stainless steel fridge, stove, range & oversized hood, sink at the window. Main flr laundry with washer, dryer & laundry tub means no hauling loads upstairs. Mudroom gives direct access to the backyard, the natural path in & out. 2pc powder rm for guests. {UPPER LEVEL} Primary bdrm & 2nd bdrm both have their own mini split a/c plus baseboard heat, so each rm controls its own comfort instead of fighting the rest of the house for it. Walk-in closet off primary could stay a closet or become a home office/Play Pen. The Den offers flexible work-from-home setup without giving up a bdrm. 4pc bath finishes the flr with ceramic flooring throughout. {LOCATION} Located in New Toronto, a walkable stretch of South Etobicoke's Lakeshore community. Islington Jr Middle School (TDSB, JK-8) is nearby, along with Lakeshore Collegiate Institute (secondary) & St. Elizabeth Catholic School (TCDSB). Lake Shore Blvd W is a short walk for shops, cafes & restaurants, & Colonel Samuel Smith Park with its waterfront trail along Lake Ontario is close enough for a regular routine, not just a weekend trip. TTC's 501 Queen streetcar runs along Lake Shore, Mimico GO Station is nearby for downtown commuters, & the Gardiner Expwy & Hwy 427 are both within easy reach.

195 Islington Avenue, Toronto
193 Sixth Street, Toronto
$1,299,000
4 Beds ⋅ 3 Baths ⋅ W13782036 MLS
193 Sixth Street is where classic New Toronto meets a complete to the studs renovation. Offering over 1500 sq. ft. across the main and upper levels, this 3-bedroom 3-bathroom home stands apart with generous proportions and features rarely found in homes of this era. The open layout main floor is centred around an impressive 8ft kitchen island-the true heart of the home- with plenty of room to cook, gather and entertain. A walk-in pantry provides exceptional storage, while the main-floor powder room adds the everyday convenience so often missing from traditional Toronto homes. Behind the walls, the work is all done. All new electrical and plumbing, new furnace, heat pump, on-demand/tankless water heater, and all new appliances. Plus whole-home water purification system, with reverse osmosis drinking water plumbed directly into the kitchen sink and refrigerator. Upstairs you'll find 3 bedrooms, a beautifully renovated bathroom, and original solid wood doors that keep a touch of the home's soul. The spacious primary features it's own walk-in closet-another welcome rarity in the neighbourhood. Downstairs, a finished rec-room, bathroom and separate entrance, plus unfinished storage or workshop space. Outside, the back deck is equipped with a natural gas hookup for the bbq, and the detached garage provides valuable parking and storage, while the property offers exciting potential for a future laneway suite. And then there's the neighbourhood itself. Walk to the lake and waterfront trails, explore the shops and restaurants on Lake Shore, or grab a scoop and get to know your neighbours at the beloved local ice cream shop next door. A thoughtfully reimagined Toronto home that delivers the character of an established neighbourhood without sacrificing modern conveniences.

193 Sixth Street, Toronto
Start Your Search