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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2311 1 King Street W
Bay Street Corridor Toronto M5H 1A2

$350,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 1: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 2: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 3: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 4: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 5: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 6: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 7: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 8: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 9: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 10: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 11: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Photo 12: 2311 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C13554908
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C13554908
Bathrooms:
1
Welcome to luxury living and an exceptional investment opportunity in the heart of Toronto's Financial District. Rarely offered, this beautifully renovated and fully furnished large studio suite features a bright open-concept layout with breathtaking unobstructed east-facing views extending toward the lake. Situated on a high floor, the unit is filled with natural light throughout the day.Currently enrolled in the hotel rental program, this property generates a high net return, with hotel income statements available upon request. Buyers have the flexibility to continue participating in the hotel program or enjoy the suite as their own downtown residence.Enjoy unbeatable convenience with direct underground access to the subway and Toronto's PATH network, placing the city's financial core, world-class dining, shopping, and entertainment just steps away. Residents also enjoy access to the exceptional hotel-style amenities at the prestigious One King West Hotel. Condo fees include heat, hydro, water, TV, and internet, making ownership even more convenient.Whether you're seeking a turnkey investment with strong rental demand or a stylish pied-à-terre in one of Toronto's most sought-after locations, this is a rare opportunity not to be missed.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Apartment
Approx. Age:
New
Total Approx Floor Area:
0-499
Exposure:
South West
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
1
Rooms:
1
Heating type:
Heat Pump
Heating Fuel:
Gas
Cooling:
Yes
Storey:
23
New Construction:
Yes
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
Common
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
30 days/Tba
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$616.27
Maintenance fees include:
Cable TV Included, CAC Included, Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Water Included
Taxes:
$3,306.21 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Public Transit
None
Yes-with Restrictions
Concrete
Recreation Room, Exercise Room, Sauna
UFFI:
No
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
1703
Property Management Company:
Y.L. Hendler Property Management
Date Listed:
Jul 13, 2026
Original Price:
Previous Price:
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Listed by SMART SOLD REALTY
Data was last updated July 13, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
215
Avg list price:
$659,000
Min list price:
$375,000
Max list price:
$6,650,000
Avg days on market:
35
Min days on market:
0
Max days on market:
660
These statistics are generated based on the current listing's property type and located in Bay Street Corridor. 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.