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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  • 104 100 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12778040

    104 100 Prudential Drive Dorset Park Toronto M1P 4V4
    Main Photo: 104 100 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04)  : MLS®# E12778040
    $369,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12778040
    Bedrooms:
    2
    Bathrooms:
    1
    Well-maintained 2-bedroom condo in a prime Midland & Lawrence location. Bright and spacious layout with a large balcony. Move-in ready unit featuring ensuite laundry, updated finishes, and a functional open living area. Generous-sized bedrooms; primary bedroom includes a walk-in closet.Building amenities include an indoor pool. Convenient access to public transit, Scarborough Town Centre, schools, hospital, and all major amenities. Ideal for first-time buyers, investors, or downsizers. More details
    Listed by HOMELIFE/CHAMPIONS REALTY INC.
    DARYL  KING
  • 406 32 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12778238

    406 32 Forest Manor Road Henry Farm Toronto M2J 1M5
    Main Photo: 406 32 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15)  : MLS®# C12778238
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12778238
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Peak at Emerald City, offering unbeatable walkability in the heart of Don Mills & Sheppard. Just steps to Fairview Mall and the TTC subway, with a grocery store and restaurants conveniently located on the building's retail level. Enjoy quick access to Highways 404, DVP, and 401, plus a community center and park directly across the street. This stylish 1-bedroom suite features 9' ceilings, a spacious balcony, and contemporary finishes. A custom built-in Murphy bed transforms into a sleek home office, complete with integrated power outlets, LED lighting, and storage cabinetry. Resort-style amenities include indoor pool, hot tub, fitness center, saunas, concierge, guest suites, dining room, residents' lounge, games room, outdoor patio & BBQ area. Includes 1 parking space and 1 locker. Stainless steel built-in appliances and front-load laundry. More details
    Listed by ZOWN REALTY INC.
    DARYL  KING
  • 1719 2020 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12778620

    1719 2020 Bathurst Street Humewood-Cedarvale Toronto M5P 0A6
    Main Photo: 1719 2020 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03)  : MLS®# C12778620
    $360,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12778620
    Bathrooms:
    1
    Welcome to Suite 1719 at Forest Hill Condos! A top-of-the-line condo with an unbeatable location. This condo combines the best of luxury and design. This studio unit has a bright, clean, and open look with a stunning open east view. Amenities including concierge, gym, rooftop terrace, and visitor parking. Direct underground access to the newly launched Eglinton LRT as well as TTC at your door step. The coveted Forest Hill neighbourhood features amenities along Eglinton Avenue with shopping and dining, lush parks, and walking trails like the Kay Gardner Beltline Trail. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
    DARYL  KING
  • 807 2466 Eglinton Avenue E in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12778610

    807 2466 Eglinton Avenue E Eglinton East Toronto M1K 5J8
    Main Photo: 807 2466 Eglinton Avenue E in Toronto: Eglinton East Condo Apartment for sale (Toronto E08)  : MLS®# E12778610
    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12778610
    Bedrooms:
    2
    Bathrooms:
    1
    Stunning, bright, and spacious 1 Bedroom plus Den (great for home office, kid's bedroom) located at Rainbow Village. This unit is Overlooking the gardens/park. Featuring sleek laminate flooring and freshly painted throughout. Steps away from TTC, subway, and GO station, and within close proximity to schools, restaurants, and community centers. Future Eglinton Crosstown LRT Building amenities include an indoor swimming pool, sauna, fully equipped fitness room, children's playground, rainbow village day care, squash and basketball courts, a party room, and 24-hour gated security. Low maintenance fee includes heat, water, hydro** all in! More details
    Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.
    DARYL  KING
  • 405 4 Elsinore Path in Toronto: New Toronto Condo Apartment for sale (Toronto W06) : MLS®# W12778466

    405 4 Elsinore Path New Toronto Toronto M8V 4G7
    Main Photo: 405 4 Elsinore Path in Toronto: New Toronto Condo Apartment for sale (Toronto W06)  : MLS®# W12778466
    $314,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12778466
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 4 Elsinore Path, built by Daniels The Wave Condos! Fall in love with lakeside living in this bright, south-facing studio plus bedroom in the heart of Mimico. Wake up to gorgeous views of lakeshore village park and enjoy your morning coffee on the private balcony as sunlight fills the space through large sliding glass doors. Thoughtfully designed with modern laminate flooring and a functional open-concept layout, the enclosed plus-one with sliding doors offers the perfect bedroom, nursery, or work-from-home retreat. Eat-In kitchen is fully equipped with full size fridge, stove and dishwasher. Steps to the waterfront, Colonel Samuel Smith park, trails, TTC, and everyday conveniences of vibrant Lakeshore Blvd. w, this inviting suite offers en-suite laundry, comfort, lifestyle, and an ideal first step into homeownership or the perfect place to downsize from a larger home. More details
    Listed by ROYAL LEPAGE ESTATE REALTY
    DARYL  KING
  • 1102 17 Zorra Street in Toronto: Islington-City Centre West Condo for sale (Toronto W08) : MLS®# W12778512

    1102 17 Zorra Street Islington-City Centre West Toronto M8Z 4Z6
    Main Photo: 1102 17 Zorra Street in Toronto: Islington-City Centre West Condo for sale (Toronto W08)  : MLS®# W12778512
    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12778512
    Bedrooms:
    1
    Bathrooms:
    1
    Fantastic 1-bed, 1-bath, 1 Parking, 1 Locker, condo in the heart of Etobicoke perfect for first-time buyers, down sizers, or investors looking to get into the market! Offers An Open Concept Layout, Modern Kitchen W/Quartz Countertop, S/S Appliances, Floor To Ceiling Windows,Luxurious Finishes & Private Balcony. Enjoy your own private balcony for morning coffee or to unwind after a long day. Additional storage space is provided with a dedicated locker. Amenities Incl. 24Hr Concierge, Guest Suites, Gym,Party/Mtg Rm, Rooftop Deck/Garden, Indoor Pool With Hot Tub And Park For Kids And Pets Next Door! Located near major highways, public transit, shopping, and restaurants, with quick access to downtown, this condo offers both convenience and lifestyle. Move-in ready and designed for easy living an excellent opportunity in a vibrant community! More details
    Listed by MASTER`S TRUST REALTY INC.
    DARYL  KING
  • 3707 252 Church Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12779232

    3707 252 Church Street Church-Yonge Corridor Toronto M5B 0E6
    Main Photo: 3707 252 Church Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12779232
    $340,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12779232
    Bathrooms:
    1
    Don't miss out on this opportunity for a BRAND NEW, never lived in unit at 252 Church Condos! The unit features large windows and built in appliances with well designed, functional space. The building includes exceptional amenities including a Full Gym, Pet Spa and Covered 9thfloor Dog Run , Automated Parcel Room and Multiple Terraces with bookable BBQs. Access everything the city has to offer! Walking distance to TMU, Eaton Centre and the Dundas Subway Station among countless other shops and destinations. Sold with FULL Tarion warranty. More details
    Listed by CENTURY 21 ATRIA REALTY INC. and CENTURY 21 LEADING EDGE REALTY INC.
    DARYL  KING
  • 1702 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12779262

    1702 1 King Street W Bay Street Corridor Toronto M5H 1A2
    Main Photo: 1702 1 King Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12779262
    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12779262
    Bedrooms:
    2
    Bathrooms:
    1
    POWER OF SALE! Great opportunity! Welcome to One King West Hotel and Residences located in the heart of Toronto's Financial District. One of Toronto's most Elegant and Historic Buildings. Enjoy direct access to the Subway, and P.A.T.H. underground network for optimum convenience. New flooring, 1high ceilings, and freshly painted. Ready to move in full time or enjoy as a pied-a-terre when you are in town. This building is unique in offering luxury 24 Hr hotel services, with all utilities, internet and basic cable included with maintenance fee. Fabulous investment! More details
    Listed by REMAX CONNECT REALTY
    DARYL  KING
  • M-02 1195 THE QUEENSWAY in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12779324

    M-02 1195 THE QUEENSWAY Islington-City Centre West Toronto M8Z 0H1
    Main Photo: M-02 1195 THE QUEENSWAY in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08)  : MLS®# W12779324
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12779324
    Bedrooms:
    1
    Bathrooms:
    1
    Fantastic "Condo". Premium Location! Great Layout! Bus at Door! Walk to Shopping! Show and Sell! Also included is Unit 47, Level B, TSCC 2996 More details
    Listed by HOMELIFE/RESPONSE REALTY INC.
    DARYL  KING
  • 1604 330 DIXON Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12779990

    1604 330 DIXON Road Kingsview Village-The Westway Toronto M9R 1S9
    Main Photo: 1604 330 DIXON Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09)  : MLS®# W12779990
    $299,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12779990
    Bedrooms:
    3
    Bathrooms:
    2
    Excellent opportunity for investor / first time buyer, the property is being Sold "AS IS", showing can be arranged with accepted offer. Property priced FIRE SALE for immediate attention; Opportunity for investor / first time buyer to acquire 3 bedroom condo in very convenient location. Parquet and ceramic flooring in kitchen and washroom. More details
    Listed by HOMELIFE SILVERCITY REALTY INC.
    DARYL  KING
  • 925 5 Defries Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12780282

    925 5 Defries Street Regent Park Toronto M5A 0W7
    Main Photo: 925 5 Defries Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08)  : MLS®# C12780282
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12780282
    Bedrooms:
    2
    Bathrooms:
    1
    Well-designed 1-bedroom plus den, 1-bathroom suite at River and Fifth Condos. Bright and functional layout featuring floor-to-ceiling windows and a private balcony with open views. The den can be used as a home office or second sleeping area. Well-managed building offering amenities such as outdoor pool, fitness centre, co-working space, yoga room, sports lounge, party room, games room, kids' playroom, and 24-hour concierge. Most amenities are conveniently located on the third floor. Prime downtown location with easy access to Queen and King streetcars, Dundas subway station, and major routes including Gardiner, DVP, Bayview, and Lakeshore. Close to grocery stores, banks, and everyday conveniences. Minutes to Toronto Metropolitan University, George Brown College, and the University of Toronto. More details
    Listed by RE/MAX CONDOS PLUS CORPORATION
    DARYL  KING
  • 506 9 Tecumseth Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12780348

    506 9 Tecumseth Street Niagara Toronto M5V 0S5
    Main Photo: 506 9 Tecumseth Street in Toronto: Niagara Condo Apartment for sale (Toronto C01)  : MLS®# C12780348
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12780348
    Bedrooms:
    1
    Bathrooms:
    1
    BEAUTIFUL ONE BEDROOM CONDO IN WEST CONDO. Featuring modern finishes functional open concept layout! Building amenities include: concierge, fitness centre, yoga room, party room, dining lounge & communal BBQ area, study lounge & more! Very convenient location with Steps to transit (streetcar to King & Bathurst subway); Stackt Market; groceries (Farmboy, Loblaws, Shoppers); King West & Queen West; and The Well shops, restaurants & cafes, along with many parks. Easy access to DVP/Gardner. More details
    Listed by KELLER WILLIAMS PORTFOLIO REALTY
    DARYL  KING
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Data was last updated February 12, 2026 at 04:15 AM (UTC)
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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.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.