New Toronto Homes under $1.5 million

New Toronto Homes under $1.5 million

Welcome to New Toronto, a vibrant and welcoming neighborhood nestled in the heart of Toronto, Ontario. Known for its rich history and picturesque waterfront, New Toronto offers a unique blend of urban convenience and suburban charm. With its tree-lined streets, diverse community, and proximity to Lake Ontario, this area is a hidden gem for homebuyers looking for an inviting place to call home.

One of the standout features of New Toronto is its affordability, especially for those seeking homes under $1.5 million. Here, prospective buyers can discover a variety of housing options, including charming bungalows, modern townhouses, and spacious family homes, all designed to cater to a range of lifestyles and budgets. This neighborhood is perfect for families, young professionals, and retirees alike, offering a sense of community that is hard to find in larger urban areas.

Residents of New Toronto enjoy easy access to an array of amenities, including parks, schools, and local shops. The waterfront area provides beautiful walking and biking trails, perfect for enjoying sunny days or taking leisurely strolls with family and friends. Additionally, the neighborhood is well-connected to public transit, making commuting to downtown Toronto a breeze.

With its friendly atmosphere, diverse culture, and beautiful homes, New Toronto is not just a place to live; it’s a place to thrive. If you’re looking for a community that combines the best of city living with the charm of a close-knit neighborhood, New Toronto is the perfect destination for your next home. Come explore what makes this community truly special!

Newest New Toronto Homes under $1.5 million

154 Fifth Street, Toronto
$969,000
3 Beds ⋅ 2 Baths ⋅ W14167312 MLS
Welcome to this Stunning bungalow, the perfect mix of modern living and comfort, move-in-ready convenience-ideal for first-time buyers, small families, down-sizers or anyone looking for stylish, low-maintenance living by the lake. Steps away from Toronto's waterfront with amazing parks, trails, excellent schools, access to public transit, endless shops on Lake Shore Blvd and a short drive to downtown Toronto. The interior boasts a bright, spacious and modern open concept living main floor, with lots of natural light and separate Living and Dining space. With the a completely finished basement and side entrance, this property comes with a move-in-ready rental opportunity for first time home buyers and or investors who are looking for income as well as a personal living space. With a private gated backyard and an expansive lot, this home is perfect for outdoor entertaining and growing families. The lot features a large patio, hot tub, retractable awning, shed and ample green space. This amazing backyard also includes laneway access with an already poured concrete slab including hydro hook up along the rear fence line. An amazing opportunity to be converted into a parking pad, a future garage or better yet a trendy laneway suite for additional income. A truly special home offering a Family friendly neighbourhood with City Life.

154 Fifth Street, Toronto
144 Fourth Street, Toronto
$900,000
4 Beds ⋅ 3 Baths ⋅ W14153706 MLS
On a quiet, tree-lined street just steps from Lake Ontario, this fully detached, recently renovated 4-bedroom, 2.5-bath home is move-in ready from top to bottom. The new kitchen and living space are bright and modern, set up for everyday living and easy entertaining. The fully finished basement brings the total living space to 1,200 sqft and adds flexible room for a home office, guest suite, gym or rec room, ready to fit whatever comes next. Life here moves at a lakeside pace. Walk or bike the waterfront trails, visit nearby parks and green space, or grab coffee and dinner along the Lake Shore strip. Enjoy local cafés, restaurants and neighbourhood favourites. Groceries are a short walk away, and transit is very accessible with the TTC and streetcar at the end of the street. A fully renovated, detached four-bedroom in a lakeside community doesn't come along often. Whether you're a first-time buyer, a growing household, this is the house for you. The lake is at the end of the road, and the city is right at your door. Come see 144 Fourth Street.

144 Fourth Street, Toronto
225 Birmingham Street Unit 150, Toronto
$789,000
3 Beds ⋅ 3 Baths ⋅ W14127876 MLS
Welcome to this stunning three-story corner townhome in the highly sought-after Lake & Town community by Menkes, located in the heart of South Etobicoke's vibrant New Toronto lakefront neighbourhood. Offering 3 spacious bedrooms and approximately 1377 sq. ft. of living space, this beautifully maintained home combines modern design, functionality, and comfortable family living. The main floor features impressive 9-ft ceilings, while the chef-inspired kitchen boasts premium quartz countertops and sleek stainless steel appliances. Enjoy an abundance of natural light from multiple exposures, along with the added privacy and openness of a desirable corner-unit location. The highlight is the private rooftop terrace, complete with a gas line for your BBQ, perfect for entertaining, relaxing, and enjoying the open-air views. Built in 2023, this pristine, move-in-ready home has been freshly painted throughout and includes one secure underground parking space. An unbeatable location for lifestyle and convenience. Enjoy easy access to Colonel Samuel Smith Park, the Martin Goodman Trail, and Amos Waites Park. The home is close to a variety of schools, including Second Street, St. Teresa, Kenollie, Father John Redmond, Lakeshore Collegiate, and Etobicoke School of the Arts. Walk to Humber College's Lakeshore campus and the Lakeshore streetcar, with convenient access to Mimico GO, Long Branch GO, and the Gardiner Expressway/QEW. Shopping and everyday essentials are nearby, including Sherway Gardens, IKEA, Costco, and the neighborhood's popular lakeside cafés and restaurants. A fantastic opportunity to enjoy modern townhome living in one of South Etobicoke's most desirable communities!

225 Birmingham Street Unit 150, Toronto
5 William Jackson Way Unit 68, Toronto
$675,000
2 Beds ⋅ 2 Baths ⋅ W14123088 MLS
Welcome to Lake & Town by Menkes, a bright, meticulously maintained 2-bedroom, 2-bathroom townhome in South Etobicoke, just a short walk from a quiet, tucked-away beach on Lake Ontario. Built in 2023, it offers over 900 sq ft of living space plus two private outdoor spaces. The highlight is the private rooftop terrace of over 300 sq ft, with lake views and room to entertain, dine outdoors or unwind above the neighbourhood. A second balcony off the primary bedroom gives you a quiet spot for morning coffee. Inside, high ceilings and an open-concept layout fill the home with natural light. The kitchen has stainless steel appliances, and the home has been kept in excellent condition throughout. One parking space and one bike rack space are included. Lake & Town is a newer Menkes community, recently completed with the opening of the Birmingham Street Parkette next door. The parkette adds a fitness station, games tables and shaded seating alongside Lakeshore Village Park. Close to the waterfront trails, Humber College Lakeshore Campus, shops, restaurants, TTC and GO Transit, with quick access to the Gardiner, QEW and Highway 427.

5 William Jackson Way Unit 68, Toronto
203 Islington Avenue, Toronto
$1,420,000
8 Beds ⋅ 3 Baths ⋅ W14122974 MLS
Location.. Location.. Location... !!! Time Tested & Solid ! Great Investment Opportunity in a Prime South Etobicoke Location! Live in one unit and generate rental income from the other 2 units.It can be perfect work office and residence. This property offers a spacious multi-level layout featuring 3 bedrooms unit on the main floor, 3 bedrooms unit on the second floor, and 2 bedrooms in the lower level, plus 4-car parking at the rear. Ideally situated on Islington Avenue, with convenient access to public transit, TTC, GO Transit, parks, restaurants, grocery stores, and local shops. Enjoy the nearby Mimico waterfront, Lake Ontario, and scenic parks and trails. Whether you're looking to invest, generate rental income, or explore the potential for multi-generational living, this property offers excellent possibilities in a convenient and established Etobicoke neighbourhood. Seeing Is Believing!

203 Islington Avenue, Toronto
36 Fourteenth Street, Toronto
$699,000
2 Beds ⋅ 2 Baths ⋅ W14122294 MLS
Welcome to 36 Fourteenth Street- A 2-bedroom, 2-bathroom bungalow with a finished basement, nestled in the sought-after community of South Etobicoke. Just a short stroll to Humber College on Lakeshore Boulevard and only five minutes from the Gardiner Expressway, this home offers both convenience and charm. Ideally located near top-rated public schools, transit, shopping, and a wide range of amenities, it's recently renovated and perfectly suites families, first-time buyers, downsizers, or savvy investors. Enjoy outdoor living on the inviting covered patio, overlooking a spacious backyard - perfect for relaxing or entertaining. This property also features a detached garage. A fantastic lot in a prime location with endless potentials. 1100 square feet living space

36 Fourteenth Street, Toronto
35 Fifteenth Street, Toronto
$1,299,000
5 Beds ⋅ 3 Baths ⋅ W14118946 MLS
Renovated Triplex In Toronto! Great Investment Opportunity! Main and second floors Feature Large two Bedrooms Apts And the basement unit is a large one Bedroom Apt. Three Parking Spots.. Both Two Bedrooms Units Have Same Layout 850 Sqft Each. One Bedroom Is 800 Sqft, All units have air conditioning, stainless steel appliances (stove, fridge, microwave and dishwasher)Great Location, Easy Access To Mimico Go Station, Qew, Kipling Subway. Walking Distance To Humber College, Lake Shore, Parks, Shops & Restaurants. Too many upgrades, please see attachments

35 Fifteenth Street, Toronto
93 Eleventh Street, Toronto
$1,099,000
2 Beds ⋅ 2 Baths ⋅ W14099100 MLS
Charming, character-rich, and meticulously maintained - this updated 1931 timeless home in New Toronto (south of Lake Shore Blvd W) is a must see! Located steps from Lake Ontario, the local pool, library, baseball park, tennis courts, parks and vibrant shops along Lake Shore. From the moment you walk up the interlock steps, the warmth and character are unmistakable. The bright front living room features a cozy fireplace and updated west-facing windows that flood the room with natural light. The well-designed kitchen and dining area offer ample storage, with sliding doors off the dining room leading to a spacious multi-level deck and backyard -- ideal for outdoor entertaining. Upstairs features original hardwood floors and rich trim throughout. The primary bedroom boasts a walk-in closet and sliding doors, complemented by a hallway linen closet and a bright second bedroom, perfect for kids, guests or a home office. The updated basement features a separate side entrance, waterproofing membrane, and cozy in-floor heating throughout! It offers a large laundry room, full bathroom, and flexible recreation space. Outside admire the beautifully preserved brickwork, landscaped gardens, and a large detached one car garage with a Gladiator storage system, alongside a lush vegetable garden. Parking is effortless with a shared driveway, garage space, or available street parking permit. A true gem and a fantastic neighborhood! Book you're showing today.

93 Eleventh Street, Toronto
23 Sixteenth Street, Toronto
$1,078,000
5 Beds ⋅ 4 Baths ⋅ W13880122 MLS
Welcome to 23 Sixteenth Street, a fully renovated and turnkey property set on an exceptionally wide 40 x 120 ft lot in a highly desirable South Etobicoke neighbourhood. Offering impressive flexibility, modern finishes and strong income potential, this is an excellent opportunity for investors, multi-generational families or end-users looking to offset carrying costs with rental income.The home is currently configured as three self-contained living spaces. Unit A offers 2 bedrooms, 2 bathrooms and a full kitchen. Unit B features 2 bedrooms, 1 bathroom and a kitchen, while Unit C offers 1 bedroom, 1 bathroom and its own kitchen. In total, the property provides 5 bedrooms, 4 bathrooms and 3 kitchens. Each unit is equipped with its own electrical sub-panel and independently controlled heating and cooling, adding convenience, functionality and greater separation between living spaces.Fully renovated throughout, the home offers a fresh, modern and low-maintenance living environment for both owners and tenants. Live in one unit while generating income from the others, accommodate extended family, or utilize the entire property as an income-producing investment.A major highlight is the impressive 40-ft frontage and generous 120-ft depth, offering a substantial lot that is difficult to find in the area. The property may also offer future potential for additional living space, additional residential units or a garden suite, subject to zoning, permits, municipal approvals and buyer due diligence.Ideally located within walking distance of shops, schools, restaurants, parks, Lake Ontario, beaches and public transit, with convenient access in and out of the city.A rare opportunity combining a substantial lot, turnkey condition, multiple living spaces, rental potential and long-term possibilities in one of South Etobicoke's established lakeside communities.

23 Sixteenth Street, Toronto
59 Fifth Street, Toronto
$990,000
3 Beds ⋅ 2 Baths ⋅ W13878602 MLS
Welcome To This Spacious 3-Bed, 2-Bath Semi In The Heart Of New Toronto, Steps To The Water & Just South Of Lakeshore. Filled With Natural Light, This Charming Home Perfectly Blends It's Original Character With Modern Comforts Such As New Flooring, Custom Cabinetry And Seating For A Practical, Livable Kitchen and Dining Space. Enjoy A Quiet, Peaceful Backyard Oasis, Perfect for Relaxing or Entertaining. Fifth St Is A Family-Friendly Street, Only Steps To Parks, Schools and Transit To Downtown. It Offers Everything You Need Whether Raising a Family, Working Downtown, Or Living An Active Lifestyle.

59 Fifth Street, Toronto
21 Seventeenth Street, Toronto
$770,000
2 Beds ⋅ 2 Baths ⋅ W13865902 MLS
Opportunity knocks in the heart of New Toronto. Situated on a 33' x 100' freehold lot (approx. 3,336 sq. ft.), this property offers exceptional potential for investors, builders, and renovators looking to capitalize on a prime residential location. The site features a level topography, detached garage, private driveway, and is designated residential with RM zoning, supporting strong redevelopment or value-add possibilities.Currently improved with a detached home originally built in 1948, the property presents an ideal canvas for renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighbourhood with long-term upside.

21 Seventeenth Street, Toronto
52 Third Street, Toronto
$1,449,000
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
Start Your Search

How much is your home worth?

Get instant property value now!