It’s not every day that a move-in ready home with waterfront views goes up for sale in Toronto, and this one costs less than a studio condo. This houseboat for sale in Toronto is a rare opportunity to live on the water for a fraction of normal city prices.

Situated on the pretty blue waters of Scarborough Bluffs, this open-concept home looks out onto the lake from every angle, according to the listing.

Not only has it been recently upgraded with new windows, a new pergola, and a bathroom, but it also has vinyl flooring and fresh coats of paint throughout.

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Photo via Denise Doucet / Royal LePage Signature Realty

A ladder takes you up to the upper indoor room which you can use as a den, second bedroom, or office space.

The walkout upper deck is another great feature. How many of us can say that we have our morning coffee on the rooftop terrace of our very own boat?

Photo via Denise Doucet / Royal LePage Signature Realty

The kitchen is outfitted with a built-in propane stove and electric fridge, and the home also includes an electric start furnace, a new 250-gallon holding tank with a flush toilet, and all the ropes and bumpers to keep the houseboat secure.

Photo via Denise Doucet / Royal LePage Signature Realty

Plus, there are also two parking spaces included with the property, and that alone is an enticing offer for any Torontonian with a car.

The monthly fees come out to $860 and the annual tax amount is just $700.

Photo via Denise Doucet / Royal LePage Signature Realty

So if saving money is at the top of your priority list for your future home, you won’t find a detached home for a price like this anywhere else in Toronto.