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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2508 1 King Street
Bay Street Corridor Toronto M5H 1A1

$339,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 1: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 2: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 3: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 4: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 5: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 6: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 7: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 8: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Photo 9: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12845726
Bathrooms:
1
A beautifully furnished, cozy unit located in the heart of Toronto's Financial District. Enjoy direct access to the subway and the PATH network for ultimate convenience. Situated on a higher floor, this unit offers unobstructed east-facing views, filling the space with natural light. Residents have access to the luxurious, state-of-the-art amenities offered by the prestigious One King West Hotel. An exceptional opportunity for urban living or investment.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
0-499
Exposure:
East
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
25
Balcony:
None
Basement:
None
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
Ensuite+Common
Family Room:
No
Possession Details:
60/90
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$661.08
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$1,900 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
None
Yes-with Restrictions
Maintenance fees include all utilities, cable TV, and basic high-speed internet. All furniture is included in the purchase price, along with existing appliances: cooktop, microwave, dishwasher, washer, and dryer.
Concrete
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 LTD
Date Listed:
Mar 04, 2026
Original Price:
Previous Price:
  • Photo 1: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
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  • Photo 4: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
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  • Photo 7: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
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  • Photo 8: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
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  • Photo 9: 2508 1 King Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12845726
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Listed by RE/MAX PREMIER INC.
Data was last updated March 5, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
179
Avg list price:
$769,000
Min list price:
$339,000
Max list price:
$6,650,000
Avg days on market:
38
Min days on market:
1
Max days on market:
638
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.