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Condos for Sale in Toronto Under 400K – Affordable City Living Starts Here

Looking for condos for sale in Toronto under 400K? These entry-level listings offer great value in one of Canada’s most in-demand real estate markets. Whether you’re buying your first home or adding to your portfolio, these condos are a smart place to start.

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  • 406 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12792632

    406 50 Power Street Moss Park Toronto M5A 0V3
    Main Photo: 406 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12792632

    406 50 Power Street Toronto M5A 0V3 Moss Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12792632
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Unit 406 at 50 Power Street - Stylish Loft-Inspired 1-Bedroom+Den Condo Experience incredible value at the new Home Condos (Adelaide + Power) with this gorgeous 1+1 suite, offered for under $450,000! This bright, open-concept unit features floor-to-ceiling windows that flood the space with natural light and lead to a large, south-facing balcony with clear views. The modern kitchen is equipped with built-in stainless steel appliances, custom cabinetry, and a sleek backsplash. The versatile den is perfect for a home office or secondary sleeping area. Located in the vibrant Corktown neighbourhood, you are just steps from the Distillery District, top-tier dining, shops, and the Don River. Commuters will appreciate the easy access to transit and the DVP/Gardiner. Building amenities are top-notch, including an outdoor pool with sundeck, fitness and yoga studios, an artist's workshop, and a pet wash station. The unit is vacant and easy to show. More details
    Listed by REMAX YOUR COMMUNITY REALTY
    LISTING DETAILS
    DARYL KING
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  • 1211 255 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12793302

    1211 255 Richmond Street E Moss Park Toronto M5A 4T7
    Main Photo: 1211 255 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12793302

    1211 255 Richmond Street E Toronto M5A 4T7 Moss Park

    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12793302
    Bathrooms:
    1
    This sun-filled studio features a functional open-concept layout with a spacious kitchen and ample cupboard space. Nestled in a vibrant yet peaceful neighborhood, the location offers unbeatable convenience. Steps away from the Eaton Centre, Moss Park, Ryerson University, George Brown College, and St. Lawrence Market. Just 10 minutes to The Esplanade and easy access to major highways. With a perfect 100 Transit Score and an impressive 95 Walk Score, this is city living at its finest! More details
    Listed by ROYAL LEPAGE NRC REALTY
    LISTING DETAILS
    DARYL KING

  • 709 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12794150

    709 320 Dixon Road Kingsview Village-The Westway Toronto M9R 1S8
    Main Photo: 709 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12794150

    709 320 Dixon Road Toronto M9R 1S8 Kingsview Village-The Westway

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12794150
    Bedrooms:
    3
    Bathrooms:
    1
    A perfect, move-in ready apartment at an unbeatable price! Enjoy the convenience of underground parking and 24-hour gated security. Ideally located close to major highways, schools, shopping malls, and the airport - everything you need just minutes away. More details
    Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12794972

    102 5940 Yonge Street Newtonbrook West Toronto M2M 4M6
    Main Photo: 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12794972

    102 5940 Yonge Street Toronto M2M 4M6 Newtonbrook West

    $387,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12794972
    Bedrooms:
    1
    Bathrooms:
    1
    Stunning Fully Renovated 1 Bedroom Condo at Yonge & Cummer in North York! Beautifully updated from top to bottom, this spacious suite features 10 ft ceilings, brand-new engineered flooring, and fresh paint throughout. Enjoy a new, modern kitchen with stone countertops, stainless steel appliances, and sleek cabinetry. The suite includes new lighting, new window coverings, and a large, fully fenced private patio perfect for outdoor lounging or entertaining. Comes with 1 parking space and 1 locker for added convenience. An incredible opportunity in a prime North York location surrounded by transit and amenities! More details
    Listed by FOREST HILL REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • 416 23 Glebe Road W in Toronto: Yonge-Eglinton Condo Apartment for sale (Toronto C03) : MLS®# C12795226

    416 23 Glebe Road W Yonge-Eglinton Toronto M5P 0A1
    Main Photo: 416 23 Glebe Road W in Toronto: Yonge-Eglinton Condo Apartment for sale (Toronto C03) : MLS®# C12795226

    416 23 Glebe Road W Toronto M5P 0A1 Yonge-Eglinton

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12795226
    Bedrooms:
    2
    Bathrooms:
    1
    Elevate Your Expectations At The Highly Coveted Allure Condominiums. This Sun-Drenched 1+Den Suite Is The Epitome Of Urban Elegance, Boasting A Smart, Airy Floor Plan Framed By Floor-To-Ceiling Glass And High-End Finishes. The Chef-Inspired Kitchen Serves As A Stylish Focal Point With Its Miele Integrated Appliances And Designer Backsplash, While The Versatile Den Offers Ample Square Footage For A Creative Studio Or Home Workspace. Residents Enjoy World-Class Amenities Including A 24 Hour Concierge, A State-Of-The-Art Fitness Center, And A Stunning Rooftop Deck. Located Just Steps From Davisville Station And The Lush Beltline Trail, This Property Offers The Ultimate "Walk-Score" Lifestyle In The Heart Of Midtown. Style Meets Substance In A Location That Puts The City's Best Shops And Restaurants Right At Your Doorstep. More details
    Listed by CAPITAL NORTH REALTY CORPORATION
    LISTING DETAILS
    DARYL KING

  • 528 20 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12795248

    528 20 Meadowglen Place Woburn Toronto M1G 0A9
    Main Photo: 528 20 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12795248

    528 20 Meadowglen Place Toronto M1G 0A9 Woburn

    $379,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12795248
    Bedrooms:
    2
    Bathrooms:
    1
    Discover a smart and functional 1 bed + den, 1 bath condo built in 2019. With quality finishes, a practical layout, and a large balcony/terrace, it's perfect for a small family, a first-time buyer, or anyone looking for easy, comfortable living. Enjoy the full suite of amenities: sports lounge, billiards & games room, yoga & fitness studio, party & private dining rooms, guest suites, private theater, and rooftop pool with BBQ and lounge area, everything you need, right in your building. 24 hour concierge adds peace of mind. Step outside and you're right by TTC transit, close to shopping parks, schools, Scarborough Town Centre, and Hwy 401. This condo offers practical comfort, convenience, and a community lifestyle at a price that makes sense, move in and enjoy the balance of city access and everyday ease. More details
    Listed by RE/MAX CROSSROADS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1202 914 Yonge Street in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12795682

    1202 914 Yonge Street Annex Toronto M4W 3C8
    Main Photo: 1202 914 Yonge Street in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12795682

    1202 914 Yonge Street Toronto M4W 3C8 Annex

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12795682
    Bathrooms:
    1
    Experience sophisticated city living in this fully renovated bachelor suite, designed with modern elegance and comfort in mind. The sleek open-concept layout showcases premium finishes, including brand-new stainless-steel appliances, polished quartz countertops, designer vinyl flooring, and custom millwork. A spa-inspired washroom features a beautifully tiled shower/tub surround and bespoke vanity, while recessed pot lighting adds a touch of ambiance throughout. Wake up to serene, east-facing views overlooking the lush Rosedale Valley an urban oasis just outside your window. For added convenience, enjoy the luxury of an in-suite 2-in-1 washer/dryer and a private storage closet. Perfectly positioned, this residence is just steps away from Rosedale and Bloor subway stations, the world-class boutiques of Yorkville, the University of Toronto, and some of the city's finest dining and cultural destinations. With all-inclusive maintenance fees covering heat, hydro, water and cable TV this suite is the ultimate turnkey opportunity. An ideal first home, investment, or the perfect pied-a-terre in one of Toronto's most coveted neighbourhoods. More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2806 100 Dalhousie Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12795880

    2806 100 Dalhousie Street Church-Yonge Corridor Toronto M5B 0C7
    Main Photo: 2806 100 Dalhousie Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12795880

    2806 100 Dalhousie Street Toronto M5B 0C7 Church-Yonge Corridor

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12795880
    Bedrooms:
    1
    Bathrooms:
    1
    Found 2 years old one bedroom condo unit in Toronto's Church St Corridor. It sits near the intersection of Dundas St E and Church St. Luxurious Finishes and 9' Ceiling with laminate floor throughout. Bright and Cozy living area with breathtaking East view. 14,000sqft space of indoor & outdoor Amenities. Just steps to Subway, Eaton Centre, Toronto Metropolitan University, Public Transit, Restaurants, Theatres, Shops, Cafes and much more. Currently leased at $2,000/Month. Buyer must assume the current tenancy till April 30, 2026. More details
    Listed by CENTURY 21 NEW CONCEPT
    LISTING DETAILS
    DARYL KING

  • 320 50 Oneill Road in Toronto: Banbury-Don Mills Condo Apartment for sale (Toronto C13) : MLS®# C12791340

    320 50 Oneill Road Banbury-Don Mills Toronto M3C 0R1
    Main Photo: 320 50 Oneill Road in Toronto: Banbury-Don Mills Condo Apartment for sale (Toronto C13) : MLS®# C12791340

    320 50 Oneill Road Toronto M3C 0R1 Banbury-Don Mills

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12791340
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome To Rodeo At Shops At Don Mills, A Stylish And Highly Sought-After Residence In The Heart Of Midtown Toronto, Offering Unmatched Convenience With Premium Shopping, Fine Dining, Parks, Schools, And Community Amenities Just Steps Away.This Beautifully Designed 1 Bedroom + Enclosed Den Suite Features An Extremely Functional Layout With No Wasted Space. The Enclosed Den Is Ideal As A Second Bedroom Or Home Office. Enjoy Bright Open-Concept Living With 9-Ft Ceilings And Modern Finishes Throughout.Fully West-Facing With Floor-To-Ceiling Windows, The Unit Is Filled With Abundant Natural Sunlight Throughout The Day And Offers Beautiful Open City Views From The Spacious Private Balcony.The Contemporary Kitchen Features Integrated Miele Appliances, Quartz Countertops, And Sleek Cabinetry. The Spacious Primary Bedroom Offers Excellent Natural Light And Comfortable Living Space.Includes 1 Underground Parking Space And 1 Locker.Enjoy Exceptional Building Amenities Including 24-Hour Concierge, Fitness Centre, Pet Spa, Party Lounge, Outdoor Pool, Hot Tub, Landscaped Terrace With BBQ Areas, And More.Unbeatable Location Steps To Shops At Don Mills And Minutes To DVP, Hwy 401, TTC Transit, And The Upcoming Eglinton Crosstown LRT.A Perfect Opportunity For End Users Or Investors Seeking Modern Urban Living In A Vibrant Lifestyle Community. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 708 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12791460

    708 915 Midland Avenue Eglinton East Toronto M1K 4G1
    Main Photo: 708 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12791460

    708 915 Midland Avenue Toronto M1K 4G1 Eglinton East

    $360,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12791460
    Bedrooms:
    1
    Bathrooms:
    1
    Your Perfect First Home Starts Here! Add Your Personal Touch at 915 Midland Ave #708! Step into homeownership with this bright, well-kept 1-bedroom perched on the 7th floor. The open-concept layout, large windows, and sunny outlook create a welcoming canvas ready for your paint colours, decor, and future updates to make it truly yours. Enjoy a spacious living/dining area, an efficient kitchen you can modernize over time, and a generously sized bedroom with ample closet space. Its move-in ready today, with room to grow as your budget and style evolve. All-inclusive maintenance fees (Heat, Hydro & Water!) 1 parking space + Transit-friendly location TTC at your door & near Lawrence East Station Close to groceries, schools, parks & everyday conveniences. Why not start building equity on your terms? This is the affordable entry point you've been waiting for, with the flexibility to personalize at your pace. Act fast opportunities like this don't last. Book your private showing today! Some photos are virtually staged. More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 510 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12791442

    510 5 Valhalla Inn Road Islington-City Centre West Toronto M9B 0B1
    Main Photo: 510 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12791442

    510 5 Valhalla Inn Road Toronto M9B 0B1 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12791442
    Bedrooms:
    2
    Bathrooms:
    1
    This 5th floor, 1-bedroom + den condo in Valhalla offers just under 700 sq ft of living space with an open-concept layout and floor-to-ceiling windows. The den, measuring 8 x 8 feet, can serve as an office or potential second bedroom. The main living area includes an additional office nook, while the kitchen features a large movable island and pantry. The bedroom, which fits a queen bed, has a walk-in and a linen closet. Recent updates include bedroom laminate flooring (2016), a Bosch washer and dryer (2018), a Bosch dishwasher (2022), pull down window blinds (2024) and front entrance sliding mirror closet doors (2025). Valhalla provides numerous amenities for residents. The building offers 24-hour concierge service, multiple gyms, an indoor pool and hot tub, yoga rooms, saunas, a theatre room, a billiard room, a children's play room, and two party rooms. Three guest suites are available for rental, and the building is pet-friendly, allowing two pets per unit. The condo's location near the parking spot and storage on the 3rd floor adds convenience. With low-cost internet options and a policy against short-term rentals, Valhalla combines comfort and practicality for its residents. More details
    Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE
    LISTING DETAILS
    DARYL KING

  • 218 60 George Butchart Drive in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12790418

    218 60 George Butchart Drive Downsview-Roding-CFB Toronto M3K 0E1
    Main Photo: 218 60 George Butchart Drive in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12790418

    218 60 George Butchart Drive Toronto M3K 0E1 Downsview-Roding-CFB

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12790418
    Bathrooms:
    1
    Bachelor condo apartment in Downsview "SATURDAY IN THE PARK" steps from Downsview Park with walking trails and acres of parkland! Cute and Cozy! The perfect investment close to all amenities and York University - Parents why not invest in this condo opportunity for your York University kids! Open concept layout! Some Interior Photographs Of The Unit Have Been Virtually Staged More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING
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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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Features of Condos for Sale in Toronto Under 400K

Affordable units in this price range typically offer:

• Studio or 1-bedroom layouts ideal for singles or couples
• Functional kitchens, open living space, and in-building laundry
• Access to TTC, grocery stores, and local amenities
• Older buildings with good structure and lower tax rates

Why Choose Toronto Condos Priced Under $400,000

• Ideal for first-time buyers or downsizers on a budget
• Lower monthly payments with CMHC-backed mortgage eligibility
• Opportunities to renovate or rent out for passive income
• Reduced land transfer tax and closing costs

Where to Find Condos for Sale in Toronto Under 400K

Great value can be found in neighbourhoods such as Weston, Scarborough, East York, and parts of North York. Many buildings here offer established communities and access to transit.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Condos for Sale in Toronto Under 400K

1. Are there move-in-ready condos under 400K in Toronto?
Yes. While some need updates, others are renovated and ready for immediate occupancy.

2. Can I get a mortgage with just 5% down on these properties?
Yes. As long as the unit price is under $500K and you qualify, you can buy with 5% down.

3. Do condos under 400K come with parking or storage?
Some do, but it’s not guaranteed. Be sure to check individual listings for included amenities.

4. Are Toronto condos under $400K a good investment?
Absolutely. They’re affordable entry points into a strong market, often located in up-and-coming areas.

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