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.

220 323 Richmond Street E
Moss Park Toronto M5A 4R3

$239,800
Residential Condo & Other beds: 0 baths: 1.0

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Data was last updated April 9, 2026 at 03:15 AM (UTC)

DARYL KING
RE/MAX HALLMARK REALTY LIMITED
1 (905) 9075464
homes@darylking.com

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.

220 323 Richmond Street E Moss Park Toronto M5A 4R3

$239,800 Residential Condo & Other beds: 0 baths: 1.0