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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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  • 2605 28 Wellesley Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12644532

    2605 28 Wellesley Street E Church-Yonge Corridor Toronto M4Y 1G3
    Main Photo: 2605 28 Wellesley Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12644532

    2605 28 Wellesley Street E Toronto M4Y 1G3 Church-Yonge Corridor

    $399,800
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12644532
    Bedrooms:
    1
    Bathrooms:
    1
    Exclusive Opportunity To Own In The Downtown Core! Prime Location To Wellesley Subway Station. unit With Livable And Functional Layout Featuring, 9 Foot Ceilings to Compliment Floor-To-Ceiling Windows . Open-Concept Kitchen, Beautiful Countertops & Tiles In Full Bathroom, Spacious Bedroom. Modern Lobby And Amenities. 24/7 Concierge, Fully Equipped Gym & Terrace. Walking distance to U of T, TMU and more. Steps Away From Culture, Entertainment And Shopping. More details
    Listed by HOMELIFE NEW WORLD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 527 1 Belsize Drive in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12644756

    527 1 Belsize Drive Mount Pleasant West Toronto M4S 0B9
    Main Photo: 527 1 Belsize Drive in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12644756

    527 1 Belsize Drive Toronto M4S 0B9 Mount Pleasant West

    $369,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12644756
    Bathrooms:
    1
    Perfect for first time home buyer or investors !! 97 Walk score & 93 Transit Score. A Boutique Condo Built By Reputable Mattamy Homes. Highly sought after area in Midtown Toronto near Yonge / Eglinton. Walking Distance To Transit, Davisville Subway, Restaurants, Shops, Entertainment, Parks, Trails & All Amenities! Modern Style Built Bachelor Unit With Integrated European Design. 9 Ft Ceilings, Floor To Ceiling Window. More details
    Listed by HOMELIFE FRONTIER REALTY INC.
    LISTING DETAILS
    DARYL KING

  • in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12644814

    Contact for address
    Main Photo: in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12644814

    Contact for address details

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12644814
    Bedrooms:
    1
    Bathrooms:
    1
    Attention Buyers! This nice and renovated condo apartment with one bedroom, living room, Kitchen and Dining room with an ensuite laundry. Very affordable taxes, overviewing northwest of the city. Featuring security gate, TTC just steps away, not far from Pearson Airport, Hwy 401/427/400, & few minutes from Costco, Walmart, Home Depot and supermarket stores. Very good for first time buyers or Investors. Just book an appointment and check it out! More details
    Listed by INTERNATIONAL REALTY FIRM, INC.
    LISTING DETAILS
    DARYL KING

  • 1703 1470 Midland Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12642634

    1703 1470 Midland Avenue Dorset Park Toronto M1P 4Z4
    Main Photo: 1703 1470 Midland Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12642634

    1703 1470 Midland Avenue Toronto M1P 4Z4 Dorset Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12642634
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this beautiful 1 bedroom, 1 bath suite. Welcomed with a beautiful kitchen that is designed for ample space for cooking, the granite countertops will surely make meal prep more enjoyable. Next, New laminate floor through out, the spacious living room giving you a nice view from the floor to ceiling windows. To top it off the bedroom has great potential to be cozy for any homebodies. Convenience is right out the door as this condo is situated to any amenities that you would need. Additional it is close to the TTC, best for commuting and exploring the city. This unit promises comfort and style for any buyers. Don't miss this amazing chance! More details
    Listed by RE/MAX ALPHA SOLD REALTY
    LISTING DETAILS
    DARYL KING

  • 1102 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12642862

    1102 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: 1102 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12642862

    1102 3050 Ellesmere Road Toronto M1E 5E6 Morningside

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12642862
    Bedrooms:
    2
    Bathrooms:
    2
    Experience Mapledale Condominium living in this newly renovated 2-bedroom, 2 full-bathroomcondo ideally located across from the University of Toronto Scarborough campus. Featuring abright open-concept living and dining area, generous room sizes, and a spacious primary bedroomwith two closets and a private ensuite, this unit offers comfort and functionality forfirst-time buyers, downsizers, or investors. Enjoy all-inclusive maintenance fees coveringheat, hydro, and water, one underground parking space, and excellent building amenitiesincluding a gym, indoor pool, party room, and 24-hour security. With TTC at your door, minutesto Centennial College, shopping, parks, and quick access to Highway 401, 3050 Ellesmere Rddelivers exceptional value in a well-managed community. More details
    Listed by Re/Max Elevate
    LISTING DETAILS
    DARYL KING

  • 907 600 Rexdale Boulevard in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12642952

    907 600 Rexdale Boulevard West Humber-Clairville Toronto M9W 6T4
    Main Photo: 907 600 Rexdale Boulevard in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12642952

    907 600 Rexdale Boulevard Toronto M9W 6T4 West Humber-Clairville

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12642952
    Bedrooms:
    2
    Bathrooms:
    1
    Freshly painted , beautifully designed 1-Bedroom plus Den condo, perfectly combining comfort, style, and natural beauty... Enjoy Stunning ravine views , offering a peaceful escape right at home...Open-concept layout with floor-to-ceiling windows that flood the space with natural light.... Nice sized kitchen boasts sleek cabinetry and stainless steel appliances - perfect for both everyday living and entertaining. The primary bedroom offers generous closet space , while the den provides a versatile area ideal for a home office, guest room, or creative space.... Additional highlights include in-suite laundry and underground parking..... The building offers first-class amenities such as a fitness centre, outdoor pool, visitor parking, Sauna, Recreation Room & Security System..... Located in a sought-after community surrounded by walking trails, parks, shopping, and transit , this condo offers the perfect balance of urban convenience and natural beauty. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 402 4 Elsinore Path in Toronto: New Toronto Condo for sale (Toronto W06) : MLS®# W12643440

    402 4 Elsinore Path New Toronto Toronto M8V 4G7
    Main Photo: 402 4 Elsinore Path in Toronto: New Toronto Condo for sale (Toronto W06) : MLS®# W12643440

    402 4 Elsinore Path Toronto M8V 4G7 New Toronto

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12643440
    Bedrooms:
    2
    Bathrooms:
    1
    Fully renovated, 700 Square foot unit, open concept kitchen, STONE countertops, custom backsplash and wood flooring throughout . It also has an open concept layout for the living and dining areas. Bright living room w/ lots of space to entertain . A good size master bedroom with a walk in closet, Additional 2nd spacious bedroom. The 4-piece bathroom is modern, a new vanity, updated cabinetry and a large tub. Nothing to do but move in. Through Colonel Samuel Smith Park With Direct Access To Lake Ontario, Bike Rides Along The Waterfront Trail, Or Afternoon Skating At Colonel Samuel Smith Skating Trail. Walking Distance To Humber College, Great Local Businesses, & Coffee Shops. DirectAccess To Tcc And Highway. More details
    Listed by RE/MAX ESCARPMENT REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1210 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12643894

    1210 234 Albion Road Elms-Old Rexdale Toronto M9W 6A5
    Main Photo: 1210 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12643894

    1210 234 Albion Road Toronto M9W 6A5 Elms-Old Rexdale

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12643894
    Bedrooms:
    3
    Bathrooms:
    2
    Why pay top dollar for a renovated unit when you can build massive equity yourself? Welcome to Unit 1210 at 234 Albion Road-a sprawling 3-bedroom, 2-bath "home in the sky" offering approximately 1,200 sq. ft. of raw potential. Priced at $375,000, this suite is the perfect winter project for a contractor, investor, or savvy end-user looking to start 2026 with instant equity. The layout features excellent separation of space: a spacious foyer with large double closet, distinct living and dining areas with added pot lights, and a large functional eat-in kitchen that is ripe for an open-concept transformation. The primary bedroom includes its own 2-piece ensuite and Large walk-in closet. Situated on the 12th floor, the large balcony offers sweeping north easterly views of the golf course and greenspace. This is a true "blank canvas"- remove the kitchen wall to create a modern flow matching the building's record-breaking sales. The "Twin Towers" complex is known for its solid concrete construction and all-inclusive maintenance fees (Heat, Hydro, Water, & Cable TV!). Residents enjoy resort-style amenities including an outdoor pool, gym, saunas, tennis court, and 24-hour security. Located steps from the Humber River recreation trails, with TTC at your door and minutes to Hwy 401/400. Don't wait for the spring market - secure this opportunity now and have your renovation done by summer. More details
    Listed by RE/MAX PROFESSIONALS INC.
    LISTING DETAILS
    DARYL KING

  • 1503 275 Yorkland Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12640678

    1503 275 Yorkland Road Henry Farm Toronto M2J 0B4
    Main Photo: 1503 275 Yorkland Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12640678

    1503 275 Yorkland Road Toronto M2J 0B4 Henry Farm

    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12640678
    Bathrooms:
    1
    Welcome To 275 Yorkland Rd, 1503! Luxury Monarch Condo With Unobstructed Views.1 Locker, Close To Fairview Mall & Don Mills Subway Station. 24 Hrs Concierge, Car Wash Bay, Fitness Center, Movie Theatre, Indoor Swimming Pool, Guest Suites, Game & Party Room. Easy Access To Hwy 404, 401And Public Transit. More details
    Listed by CENTURY 21 KING`S QUAY REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • 901 18 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12641068

    901 18 Lee Centre Drive Woburn Toronto M1H 3H5
    Main Photo: 901 18 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12641068

    901 18 Lee Centre Drive Toronto M1H 3H5 Woburn

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12641068
    Bedrooms:
    2
    Bathrooms:
    1
    Location! Location! Open Concept, Bright & Spacious 1 Bedroom + Den (can be Used as 2nd bdrm with door). Unobstructed North view, 24 Hrs Concierge. Close to 401, Scarborough Town Centre, YMCA, Library and other Amenities, TTC Buses at Door Steps to Uof T, Centennial College. Freshly Painted, Brand New Vinyl Flooring thru out, Brand New Kitchen & Counter, Top Brand new Range Hood. Excellent Facilities: Indoor Pool, Billiard Rm, Gym, Party Rm, Sauna Ping Pong Table, Squash Rm, Badminton Crt,etc. Heat, Hydro, Water, A/C, One Parking & One Locker are included in the Condo Fee. Priced For Starters Or Investors. Don't miss your chance to get into the market with huge growth potential and amenities to love. More details
    Listed by KW Living Realty
    LISTING DETAILS
    DARYL KING

  • 310 235 Sherway Gardens Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12637890

    310 235 Sherway Gardens Road Islington-City Centre West Toronto M9C 0A3
    Main Photo: 310 235 Sherway Gardens Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12637890

    310 235 Sherway Gardens Road Toronto M9C 0A3 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12637890
    Bedrooms:
    1
    Bathrooms:
    1
    The Most Affordable Unit At One Sherway. Includes Parking & Locker. A Spacious & Modern Junior 1 Bedroom Unit With More Than 560Sq Ft. Very Well Laid Out With Plenty Of Usable Space. Laminate Flooring Throughout. Unobstructed S/E View Of The City. Seconds To The Gardiner Expressway And A TTC At Your Doorstep. Club One Sherway Provides Residents With A 17,000Sq Ft. State Of The Art Fitness And Recreation Centre That Includes An Indoor Swimming Pool, Whirlpool, His And Her Saunas, Fitness And Weight Rooms, Virtual Golf, Putting Green, Billiards Ect. A Must Show & Buy! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1717 275 VILLAGE GREEN Square in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07) : MLS®# E12638656

    1717 275 VILLAGE GREEN Square Agincourt South-Malvern West Toronto M1S 0L8
    Main Photo: 1717 275 VILLAGE GREEN Square in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07) : MLS®# E12638656

    1717 275 VILLAGE GREEN Square Toronto M1S 0L8 Agincourt South-Malvern West

    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12638656
    Bedrooms:
    1
    Bathrooms:
    1
    EXPERIENCE THE BEST OF URBAN LIVING! Luxury 1 Bedroom Tridel Built Avani 2 Building Condo Apartment. Excellent Location, Easy Access To Highway 401, Scarborough Town Centre, Go Train Station, Tam O'Shanter Golf Club. Open Concept Kitchen And Living Area With Luxury Amenities And Fabulous Features. Constructed Using The Latest Green Technologies! Do Not Miss This Opportunity To Live In A Luxury Condo In The Best Part Of Scarborough Close To Everything! Parking Included! 24-HR Concierge/Security. Yoga/Fitness Centre, Billiards, Outdoor BBQ AndTheatre. Mins To Transit, Shopping, 401. Bus Stops, Shopping Malls, Banks, Coffee And Restaurants Are All At A Walking Distance. Hi-Speed Internet Is Included Into The Maintenance Fee. This Condo Features Luxury Kitchen With Contemporary Style Cabinetry With Stainless Steel Appliances, Granite Kitchen Countertop, And CARPET FREE. More details
    Listed by SUTTON GROUP - SUMMIT REALTY INC.
    LISTING DETAILS
    DARYL KING
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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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