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An adorable Toronto house boat is up for sale for under $500K

Despite declining demand in Toronto's abysmal real estate market, buying a house in this city is still painfully expensive.The average home price is hovering at $1.5 million, and you need a sky-high income just to get your foot in the door.But if you're willing to trade land ownership for docking fees, there's a listing at Bluffer's Park Marina in the Scarborough Bluffs that might be the most affordable house in Toronto right now.The kitchen with seating for four. Listed for $449,000 — after being slashed from $649,000 — this 55-foot floating villa costs less than most downtown studio apartments.The living room. And unlike a shoebox condo, this place comes with swans, sunsets, and a waterfront lifestyle built right in.The bedroom with a little nook for a TV. Purpose-built for year-round living, the one-bedroom houseboat combines smart engineering with a lifestyle that feels part lakeside cottage, part tight-knit neighbou...


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