Beachfront living is hard to come by in this city, especially for less than $1 million. But, every once in a while, a property in Toronto’s floating home community goes up for sale which offers the best of both worlds — gorgeous living on the water for an affordable price (by Toronto’s standards, anyway.)

The two-storey home for sale is one of just 25 floating properties in the Scarborough Bluffs gated community. The marina is situated down the road from the sandy beaches with Blue Flag water quality and a short commute into the city.

“Because of the limited number of homes and the unobstructed views of the water and natural beauty, the float home community at the Scarborough Bluffs is considered by many, to be one of the best in the world,” says a description on Toronto Float Homes.

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Photo via Paul Peic / Toronto Float Homes

The home is ideal for the summer months, with three levels of decking to soak up the waterfront views, including a rooftop terrace.

As for the home itself, the 9-foot ceilings and large windows give the interior a spacious feel. It comes with two bedrooms, two bathrooms, appliances, and even two parking spaces.

Photo via Paul Peic / Toronto Float Homes

The home office setup faces a sliding glass door with a balcony, ideal for coffee breaks with a view.

A home with these features anywhere in the city would likely cost upwards of $1.5 million, but this floating home is priced at $879,000.

Photo via Paul Peic / Toronto Float Homes

Keep in mind that you won’t able to get a traditional mortgage for this property. Plus, in addition to property taxes, the mooring fees for the home cost $811 per month.

Photo via Paul Peic / Toronto Float Homes

But, for those looking for a unique place to call home without compromising on budget and proximity to the city, this property could be something to consider.