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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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  • 2509 600 Fleet Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12832126

    2509 600 Fleet Street Niagara Toronto M5V 1B7
    Main Photo: 2509 600 Fleet Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12832126

    2509 600 Fleet Street Toronto M5V 1B7 Niagara

    $339,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12832126
    Bathrooms:
    1
    Lake view bachelor at the Malibu Condos at Harbourfront! Very well-designed and excellent layout. A spacious and bright studio with built in shelving, in-suite laundry and modern kitchen. *One Locker is included* Step out onto your west-facing balcony and enjoy stunning sunset views over the water. Great building amenities including concierge service, an indoor pool, rooftop deck, and gym. Perfectly located with two TTC routes right at your doorstep. Few steps to the waterfront, parks, and Billy Bishop Airport. An incredible opportunity for investors, first-time buyers or those seeking the perfect pied-a-terre in the city! Priced to sell. The unit is currently with the tenant's furniture which are different with the pics shown in this listing. More details
    Listed by HOMELIFE/VISION REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 506 825 Kennedy Road in Toronto: Ionview Condo Apartment for sale (Toronto E04) : MLS®# E12832336

    506 825 Kennedy Road Ionview Toronto M1K 2E6
    Main Photo: 506 825 Kennedy Road in Toronto: Ionview Condo Apartment for sale (Toronto E04) : MLS®# E12832336

    506 825 Kennedy Road Toronto M1K 2E6 Ionview

    $325,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12832336
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this beautifully updated and thoughtfully designed apartment, offering a bright, spacious, and highly functional layout tailored for modern living. This home includes a versatile den-style space, perfect for working from home, studying, creative pursuits, or adding extra storage-flexibility to suit your lifestyle.The renovated kitchen features contemporary finishes and flows seamlessly into the open living area. You'll also appreciate the exceptionally generous ensuite storage, a rare and valuable feature in condo living. Step outside to your private balcony, just under 100 sq. ft., and enjoy your morning coffee or a quiet moment in your own outdoor retreat.Ideally situated in a convenient and sought-after pocket of the city, this unit includes 1 parking space and is only minutes from schools, shops, restaurants, parks, transit, and Highway 401. Whether you're a first-time buyer, down-sizer, or investor, this condo delivers exceptional comfort, value, and everyday convenience. More details
    Listed by REMAX CONNECT REALTY
    LISTING DETAILS
    DARYL KING

  • 513 340 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12833204

    513 340 Dixon Road Kingsview Village-The Westway Toronto M9R 1T1
    Main Photo: 513 340 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12833204

    513 340 Dixon Road Toronto M9R 1T1 Kingsview Village-The Westway

    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12833204
    Bedrooms:
    2
    Bathrooms:
    1
    Well Kept Corner Unit ( 1025 sq ft) Spacious Corner Unit with Open Balcony. Lots of light. Freshly painted, newer Laminate Floor. Perfect For Investors And/Or First Time Buyers. Conveniently Located In The Kingsview Village Easy Access To All Amenities, Schools, Parks, Library. Short Drive To Major 400 Series Highways. One Bus To Subway Station And To Pearson International Airport. Hydro & Cable Tv Not Included. More details
    Listed by RE/MAX GOLD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1607 238 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12833454

    1607 238 Albion Road Elms-Old Rexdale Toronto M9W 6A7
    Main Photo: 1607 238 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12833454

    1607 238 Albion Road Toronto M9W 6A7 Elms-Old Rexdale

    $388,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12833454
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to your dream luxury penthouse, where elegance meets breathtaking views. This stunning two bedroom condo boasts a brand new state of the art kitchen that will delight any culinary enthusiast. Featuring sleek cabinetry, high-end stainless steel appliances, and a spacious layout, it's perfect for both entertaining and everyday living. Each bedroom is a sanctuary of comfort, with the primary suite offering a walk-in closet & in-unit laundry for effortless living, also features a new modern bathroom. Step outside onto your private balcony, where you can unwind & soak in the panoramic view of the city & rolling hills of the golf course. Additional highlights include 24 hr security with underground parking, ensuring your vehicle is safe & easily accessible. This penthouse is not just a home, it's a lifestyle with outdoor pool and exercise room. Experience the perfect blend of sophistication and comfort in this exquisite space. Don't miss your chance to make it yours! More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 3114 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12834152

    3114 197 Yonge Street Church-Yonge Corridor Toronto M5B 1M4
    Main Photo: 3114 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12834152

    3114 197 Yonge Street Toronto M5B 1M4 Church-Yonge Corridor

    $398,800
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12834152
    Bedrooms:
    2
    Bathrooms:
    1
    Fabulous Unit At An Affordable Price In The Heart Of The City! Bright & Spacious 1 Bedroom +Den In Prestigious Massey Tower. Suite Features Smooth-Finished Ceilings, Laminate Floors, Floor--Ceiling Windows, Kitchen W/European-Style Built-In Appliances & Center Island. Airy Open Concept Layout With Stunning City View! Building Boasts Fantastic Amenities Including: Guest Suites, Lounge, Juice Bar, Rain Rm, Sauna, Gym! Prime Location Heart Of Downtown, Steps To Eaton Centre, TTC, Ryerson, UofT, Restaurants, Financial/Entertainment District, Shops, Amenities & More! More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 512 50 Ann O'reilly Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12834596

    512 50 Ann O'reilly Road Henry Farm Toronto M2J 0C9
    Main Photo: 512 50 Ann O'reilly Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12834596

    512 50 Ann O'reilly Road Toronto M2J 0C9 Henry Farm

    $369,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12834596
    Bedrooms:
    2
    Bathrooms:
    1
    Luxury Tridel Parkside At Atria Condo. Spacious and functional 1+Den suite featuring 9-ft ceilings and high-quality laminate flooring throughout. Large enclosed den can be used as a second bedroom or home office. Bright, open-concept layout with modern finishes, ideal for comfortable living or investment. Unbeatable location close to Don Mills Subway, Fairview Mall, and minutes to Hwy 404, 401 & DVP. World-class building amenities include 24-hour concierge, fully equipped fitness studio, yoga studio, exercise pool, theatre, steam room, party room, boardroom, and more. More details
    Listed by JDL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1015 38 Joe Shuster Way in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12835870

    1015 38 Joe Shuster Way Niagara Toronto M6K 0A5
    Main Photo: 1015 38 Joe Shuster Way in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12835870

    1015 38 Joe Shuster Way Toronto M6K 0A5 Niagara

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12835870
    Bedrooms:
    1
    Bathrooms:
    1
    Think You Can't Afford Downtown Living? Think Again! * Experience the best of Toronto city living with a prime location where almost everything is within walking distance. Situated in the trendy King West neighbourhood, you're just a short distance from Queen West's vibrant shopping scene and mere steps from the delightful Liberty Village. Steps to TTC, 10 minute walk to Go Train, and 15 minutes walk to Lake Ontario this freshly painted 1 bedroom, 1 bathroom gem with phenomenal lake and west views offers unbeatable value. This well managed building offers exceptional amenities with 24-hour concierge, fully equipped fitness centre, locker rooms, steam room, whirlpool, indoor pool, party room, media and games room, guest suites, outdoor terrace, and visitor parking. Welcome to Liberty Village living at its best. More details
    Listed by RE/MAX PROFESSIONALS INC.
    LISTING DETAILS
    DARYL KING

  • 612 80 Alton Town Circle in Toronto: Milliken Condo Apartment for sale (Toronto E07) : MLS®# E12834598

    612 80 Alton Town Circle Milliken Toronto M1V 5E8
    Main Photo: 612 80 Alton Town Circle in Toronto: Milliken Condo Apartment for sale (Toronto E07) : MLS®# E12834598

    612 80 Alton Town Circle Toronto M1V 5E8 Milliken

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12834598
    Bedrooms:
    3
    Bathrooms:
    2
    For Investors only. Steady income. This tenant has been staying over 40 Years. Long term potential. Buyer MUST assumes tenant. Total monthly income 1729.95 per management. Tenant receives financial support. More details
    Listed by REMAX YOUR COMMUNITY REALTY
    LISTING DETAILS
    DARYL KING

  • 1410 101 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12835334

    1410 101 Prudential Drive Dorset Park Toronto M1P 4S5
    Main Photo: 1410 101 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12835334

    1410 101 Prudential Drive Toronto M1P 4S5 Dorset Park

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12835334
    Bedrooms:
    1
    Bathrooms:
    1
    OPPORTUNITY KNOCKS! Big, bright and beautiful 1 bedroom, 1 bathroom condo available for sale in ultra-convenient Scarborough location. Sunny open-concept living and dining area with walk-out to spacious open balcony, and with huge floor-to-ceiling windows that let the light pour in and penetrate the space. Large, eat-in kitchen with stainless-steel appliances, ceramic tile floor and plenty of storage room. Airy primary bedroom with large mirrored closet and ample room for a work-station. Modern fully renovated 4 piece bathroom with sleek tasteful finishes. Unit includes 1 owned parking space. Enjoy low property taxes, and low maintenance-fees that include heat, hydro and water! Incredible potential for first-time buyers and investors. Well-maintained building with gym, outdoor pool, sauna, visitor parking and recreation area. So much to love! Fantastic Midland and Lawrence location that's steps from transit routes, parks, grocery stores, eateries, shops and services. Easy access to the 401, Scarborough Town Centre, and UofT's Scarborough campus. The best of the city awaits! More details
    Listed by KELLER WILLIAMS ADVANTAGE REALTY
    LISTING DETAILS
    DARYL KING

  • 421 58 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12835640

    421 58 Marine Parade Drive Mimico Toronto M8V 4G1
    Main Photo: 421 58 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12835640

    421 58 Marine Parade Drive Toronto M8V 4G1 Mimico

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12835640
    Bathrooms:
    1
    Experience refined waterfront living at Explorer in the prestigious Mimico/Humber Bay Shores community, just steps from the shores of Lake Ontario. This beautifully renovated studio residence offers an exceptional blend of style, comfort, & value in one of Toronto's most desirable waterfront neighbourhoods. Thoughtfully redesigned with a modern aesthetic, this bright open-concept suite features soaring 12-foot ceilings & dramatic floor-to-ceiling windows that create an airy, light-filled living space. The contemporary kitchen showcases sleek finishes & flows seamlessly into the principal living area, offering both functionality & elegance. Recent upgrades include a modern kitchen, new laminate flooring throughout and a spa-inspired 4-piece bathroom featuring a new soaker tub, designer porcelain tile, & a stylish modern vanity. A large closet & convenient ensuite laundry complete this well-appointed suite. Enjoy a true resort-style lifestyle with premium building amenities including an indoor pool, hot tub, sauna, fully equipped fitness centre, media room, elegant party room, resident lounge, business centre, concierge service, car wash, & ample visitor parking. Pet-friendly building (with restrictions). Parking & locker included. Set within the vibrant Humber Bay Shores waterfront community, this exceptional location is surrounded by parks, green space, & scenic lakefront trails. The Martin Goodman Trail is just outside your door, offering a spectacular cycling route to downtown in approximately 30 minutes. Enjoy unmatched convenience with cafés, restaurants, and Rabba Fine Foods steps away, while Metro, Sobeys, and Shoppers Drug Mart are just a short walk. Quick & easy access to the Gardiner Expressway places downtown Toronto minutes away. An outstanding opportunity to own a turnkey waterfront residence ideal for professionals, investors, or those seeking a sophisticated urban retreat. Pls see attached 2 & 3D virtual tours. Everything is done! Just move in & enjoy! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1612 155 Legion Road N in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12835878

    1612 155 Legion Road N Mimico Toronto M8Y 0A7
    Main Photo: 1612 155 Legion Road N in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12835878

    1612 155 Legion Road N Toronto M8Y 0A7 Mimico

    $399,990
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12835878
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to iLoft Suite 1612, a VERY RARE corner one-bedroom in the heart of Mimico offering extra windows, stunning west-facing exposure, and beautiful lake and water views with breathtaking sunsets. This is the one! Perfectly laid out, bright and airy, this corner suite is filled with natural light through floor-to-ceiling windows and features an open-concept living and dining area with a walkout to an extra-large balcony, perfect for enjoying the water view and golden sunsets while relaxing or entertaining. The quiet bedroom overlooks the rooftop deck and pool, providing a peaceful retreat. Enjoy resort-style amenities including 24-hour concierge, gym and fitness centre, rooftop deck with BBQs, outdoor pool, sauna, party room, library, meeting room, squash court and theatre, all in a vibrant community close to the lake, trails, transit and major highways. Comes with parking and locker. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 617 38 Joe Shuster Way in Toronto: South Parkdale Condo Apartment for sale (Toronto W01) : MLS®# W12836712

    617 38 Joe Shuster Way South Parkdale Toronto M6K 0A5
    Main Photo: 617 38 Joe Shuster Way in Toronto: South Parkdale Condo Apartment for sale (Toronto W01) : MLS®# W12836712

    617 38 Joe Shuster Way Toronto M6K 0A5 South Parkdale

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12836712
    Bedrooms:
    1
    Bathrooms:
    1
    Excellent Value In The City: Perfect For First-Time Home Buyers Or Investors! One Bedroom Condo Located In The Bridge Condominiums Development. Nestled On A Timeless Tree-Lined Street Surrounded By Luscious Greenery In The South Parkdale Area; Very Close Proximity To The Vibrant Liberty Village & King West Village. Suite Features: Exceptional Layout w/No Wasted Space, 1 Spacious Bedroom, 1 Bath (4-Piece), Functional Kitchen w/Centre Island, Backsplash, Laminate Floors, In-Suite Laundry, Open Balcony w/Unobstructed & Serene View Of City (Northwest), 1 Storage Locker, Security Guard Onsite & More! Building Amenities Include: Lobby Area, Mailbox Room w/Parcel Dropoff, Party/Meeting Room, Indoor Pool w/Hot Tub, Sauna, Gym, Yoga Room, Games Room, Media Room, Visitor Parking & Street Parking. This Lovely Condo Is Situated In An Electrifying Neighbourhood w/Several Amenities Located Within Close Proximity Including: Schools, Parks (Rita Cox Park 1min Walk), BMO Field, Gardiner Expressway, Exhibition GO Station, Public Transit & More. Great Building, Superb Unit Layout & Amazing Balcony View Make This Condo A Perfect Choice For Those Seeking Comfort, Investment & Value! *Click Virtual Tour Link For Additional Photos & Video* More details
    Listed by ROYAL LEPAGE MAXIMUM REALTY
    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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