If owning a home in this city is out of reach for you like it is for basically everyone else, you may want to think outside the box. This boat home for sale in Toronto costs less than a quarter of what you’d pay for the average home, and if you love life on the water, it may be even better than being on land.

Located right on the water overlooking the Scarborough Bluffs, this cozy boat home even has its own name — Betty White!

Betty White is described as a “bright, clean, updated home on the water,” according to the listing on Strata.ca.

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Photo via Strata.ca

The home has one bedroom, a kitchen, an outdoor terrace, and a living room with a pullout couch for guests. The bedroom area is quite cozy looking with a slanted ceiling and two windows on either side to let in the natural light.

Photo via Strata.ca

It comes with access to the amenities at the marina and the friendly community of other local boaters. However, you can pick up and move whenever you want to. Hello, winters on the Florida coast!

Photo via Strata.ca

Life on the water allows you to have all the comforts of land while still enjoying the peaceful atmosphere and water activities, all for a reasonable price of $199,000. Plus, the big city is just a short drive away.

Photo via Strata.ca

It’s not every day that an opportunity like this comes along! If you have the flexibility and an open mind, maybe it’s time to set your sights on a waterfront lifestyle.