Look, we all know Toronto's real estate market is horrible. Despite there being plenty of homes for sale, affordability remains an issue.

Maybe it's because you need to earn $215,920 a year to afford a house but the average household income is $84,000 a year... just a guess. 

A walk-out basement. 

But if you're willing to compromise on size, you can still get into the market. 

The dining area of the house. 

121 Coxwell Ave. is basically half a house, but it is listed for only $499,000. 

The living room. 

This one-bedroom, one-bathroom semi-detached house is only 12.5 feet wide, but despite its tiny size, it still packs a punch. 

The kitchen leading to the dining room. 

There's exposed brick, tons of light, and, best of all, a backyard. 

The front entrance. 

As you enter the home you have a small entrance that leads into the living room. 

The bedroom. 

The bedroom is on the main floor of the house. 

The small but functional kitchen. 

While the kitchen and dining areas are in the basement. 

The bedroom. 

The bedroom is big enough for a queen-size bed, and there is a closet—well, half of one. 

The living room gets great light. 

The living room is quite spacious and bright, with original hardwood floors that add character and warmth. 

The renovated bathroom. 

The lower level has been renovated with a new kitchen and bathroom. 

The pantry area and fridge. 

Yes, everything is tiny, but everything is very cute and well thought out – from the retro fridge to the cubbies that act as a pantry, it is a very functional space. 

The dining room. 

The dining room walks out into the backyard and the sliding door provides tons of natural light into the space that could have been very dark and dreary. 

The patio. 

The home sits on a lot that goes back 110 feet, so there's a lot of space. 

The cute patio space. 

The patio, according to the listing, gets morning sun.

The garden with lots of light. 

There's a pollinator garden, oversized shed and when you make it all the way to the back of the garden there's a firepit area. 

The firepit area. 

Location-wise, this home is in a great spot. It is very walk-able, with good access to transit and close to the Beaches, Leslieville, Danforth and Little India. 

The back of the house. 

All these are winning points for this condo alternative but it just hurts to know that only 12 years ago this house sold for only $255,000. We miss those affordable days.