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 charming blend of residential tranquility and urban convenience, New Toronto offers a unique lifestyle that appeals to families, young professionals, and retirees alike.

This picturesque community is bordered by the sparkling shores of Lake Ontario, providing residents with stunning waterfront views and ample opportunities for outdoor activities. Enjoy leisurely strolls along the waterfront trail, picnics in the local parks, or simply basking in the sun at the beach. The area is also well-connected, with easy access to public transportation, making commuting to downtown Toronto a breeze.

New Toronto boasts a diverse array of homes, many of which are attractively priced under $1.5 million. From quaint bungalows and modern townhouses to charming century homes, this neighborhood offers an impressive selection of properties to suit various lifestyles and preferences. The sense of community here is palpable, with local shops, cafes, and restaurants lining the streets, creating a warm and inviting atmosphere.

Families will appreciate the excellent schools and recreational facilities, while those seeking a vibrant cultural scene will find numerous events and festivals throughout the year. New Toronto is not just a place to live; it’s a place to thrive. Whether you’re looking to buy your first home or seeking a peaceful retreat with a strong sense of community, New Toronto is the perfect destination for you. Come explore the possibilities and discover your dream home in this enchanting neighborhood!

Newest New Toronto Homes under $1.5 million

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
$1,189,000
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
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**

259 Sixth 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
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
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