Despite declining demand in Toronto's abysmal real estate market, buying a house in this city is still painfully expensive. 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. Listed for $449,000 — after being slashed from $649,000 — this 55-foot floating villa costs less than most downtown studio apartments. And unlike a shoebox condo, this place comes with swans, sunsets, and a waterfront lifestyle built right in. It's straightforward once you're here, and there's always someone around to help out," she says.