The real estate market has cooled off big time in our province, but the activity hasn’t stopped entirely. In fact, now is a good opportunity to snap up a home for a better price. Zoocasa has released a list of the most affordable homes sold in Ontario in January 2023, including a three-bedroom home for $245,000.

Depending on where you look, you buy up a detached family home for the fraction of what you’d pay for a Toronto bachelor pad.

Here are the most affordable homes sold in Ontario last month and where they are located, to inspire your future homeowning plans.

159 Sutton Place, Sault Ste. Marie

Photo via EXP REALTY, BROKERAGE / Zoocasa

Located in the northern Ontario city of Sault Ste. Marie, this bright and newly renovated semi-detached home features three spacious bedrooms, a backyard oasis, four parking spots, and a custom kitchen.

 Sold Price: $245,000

209 – 648 Grey Street, Brantford

Photo via RE/MAX ESCARPMENT REALTY INC., BROKERAGE / Zoocasa

This one-bedroom, one-bathroom condo is located in the southwestern Ontario city of Brantford, on the Grand River.

It is spacious and bright, with a balcony facing beautiful greenery.

Sold Price: $280,000

40 East Street, St. Thomas

Photo via ROYAL LEPAGE TRILAND REALTY / Zoocasa

This charming two-level detached home is located in St. Thomas, in the southwestern Ontario region of Elgin County.

It has three bedrooms, two baths, a backyard, and four parking spots.

Sold Price: $300,000

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141 Frederick Avenue, Hamilton

Photo via RE/MAX ESCARPMENT REALTY INC., BROKERAGE / Zoocasa

Located in the busy city of Hamilton, this adorable home not only has curb appeal, but it also has a fully-fenced yard, a cozy fireplace, and a second bedroom in a cozy upstairs loft.

Sold Price: $440,000

145 – 601 Shoreline Drive, Mississauga

Photo via RE/MAX ESCARPMENT REALTY INC., BROKERAGE / Zoocasa

A townhouse condo for this price is usually hard to find in the GTA, especially in Mississauga.

But, this well-kept and modern home features 9-foot ceilings, a huge bedroom, and a spa-like four-piece bathroom.

Plus, it is located close to many convenient amenities like a shopping mall, schools, parks, and transit.

Sold Price: $455,000