Looking for condos for sale in Toronto under 350K? Finding an affordable home in the city is possible with a variety of budget-friendly options. Whether you’re looking to buy or lease, these condos provide great investment potential and access to Toronto’s best amenities.

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1405 224 King Street
Waterfront Communities C1 Toronto M5V 1H8

$349,900
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 1: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 2: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 3: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 4: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 5: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 6: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 7: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Photo 8: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12844690
Bathrooms:
1
Theatre Park! Luxury Living On The Theatre Row In King West Next To Royal Alex Theatre, Open Concept Studio Apartment, Top If The Line Finishes, Pied-A-Terre W/ Deep South Facing Open Balcony Overlooking King St West & David Pecaut Square. Across The Street From St. Andrew Station, Walk To Financial District, University Ave. Hospitals, The Path, Queen St Shops, Restaurants & So Much More...1 Locker Included.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
0-499
Exposure:
South
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Heat Pump
Heating Fuel:
Gas
Storey:
14
Foundation:
Unknown
Roof:
Unknown
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
Owned
Family Room:
No
Possession Details:
TBA/Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$325.93
Maintenance fees include:
Common Elements Included, Building Insurance Included
Taxes:
$1,975.71 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Waterfront Communities C1
Built-In Oven, Carpet Free
Yes-with Restrictions
Heat Pump
S/S (Fridge, Gas Stove, Double Drawer Dishwasher, Built-In Microwave) Stacked Ensuite Washer & Dryer, Patio BBQ, Window Coverings. Locker Included"
N/A
Metal/Steel Siding
Downtown
Floor
Type
Size
Other
Main
Living Room
6'9" × 5'4"
Open Concept, W/O To Balcony, Hardwood Floor
Main
Dining Room
6'9" × 5'4"
Open Concept, Combined w/Living, Hardwood Floor
Main
Kitchen
7'6" × 5'4"
Open Concept, Stainless Steel Appl, Hardwood Floor
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
2489
Property Management Company:
Summer Hill Property Management
Date Listed:
Mar 04, 2026
Original Price:
Previous Price:
  • Photo 1: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
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  • Photo 2: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
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  • Photo 7: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
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  • Photo 8: 1405 224 King Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12844690
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Data was last updated March 5, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
552
Avg list price:
$662,500
Min list price:
$299,000
Max list price:
$6,880,000
Avg days on market:
34
Min days on market:
0
Max days on market:
665
These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Why Buy a Condo in Toronto Under 350K?

Buying or leasing a condo under $350K in Toronto comes with many benefits:

  • Affordable Homeownership – A budget-friendly entry into Toronto’s real estate market.
  • Prime City Location – Access to transit, shopping, entertainment, and job opportunities.
  • Great Investment Potential – High demand for rentals ensures strong resale value.
  • Low Maintenance Living – Enjoy modern amenities and hassle-free upkeep.

Top Areas with Condos for Sale in Toronto Under 350K

North York – Affordable & Well-Connected

A great option for buyers looking for budget-friendly condos with easy TTC access and local shopping.

Scarborough – Scenic & Cost-Effective

This area offers affordable waterfront and high-rise living, making it ideal for first-time buyers.

Etobicoke – Suburban Comfort in the City

A mix of modern condo developments and older units at competitive prices.

Find Condos for Sale & Lease in Toronto Under $350K

Browse available condos for sale in Toronto under $350K today. Whether you’re looking for a starter home, an investment property, or a rental, you’ll find a variety of options to suit your needs.

Explore More GTA Homes:

Each link provides updated listings and expert insights.Start exploring and find the condo that best suits your needs and preferences.

FAQs – Condos for Sale in Toronto Under 350K

1. Are there condos available in Toronto for under $350,000?
Yes, you can find studio and one-bedroom condos in select neighborhoods, especially in older buildings or developing areas.

2. Which areas in Toronto offer condos under $350K?
Look in neighborhoods like Scarborough, North York, and parts of Etobicoke for affordable condo options within this price range.

3. What are the typical features of condos under $350K?
These units often include open layouts, essential appliances, shared amenities, and are usually smaller in square footage.

4. Are condos under $350K good investment options?
Yes, affordable condos are great entry points for first-time buyers and can offer rental income potential due to high demand.

5. Do condos under $350K require high maintenance fees?
Maintenance fees vary by building. Some older buildings may have higher fees, so it’s essential to review before purchasing.