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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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  • 709 101 Peter Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12830858

    709 101 Peter Street W Waterfront Communities C1 Toronto M5V 0G6
    Main Photo: 709 101 Peter Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12830858

    709 101 Peter Street W Toronto M5V 0G6 Waterfront Communities C1

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12830858
    Bathrooms:
    1
    Stylish and affordable studio in a well constructed building offering green features and great amenities, Peter Street Condos is a great place to call home. The condo features efficient use of space in a studio layout with high end finishes,, with 9-foot ceilings and bright floor to ceiling windows showing off some excellent city views. With a 100 Walk Score, steps to everything downtown and 24 hr Concierge, fully equipped Gym, Party Room, Yoga Area, Theatre w/ Servery, Lounge, Kitchen, Dining Room, Billiards, Guest Suite, and easy access to all essential facilities. This is your chance to own in a home in one of the city's best spots. **EXTRAS** Built- Appliances: Fridge, Cook-Top Stove, Oven, Microwave, dishwasher. stacked Washer & Dryer. All Electric light Fixtures. Move in and enjoy or invest as short term rental and enjoy the FIFA World Cup More details
    Listed by JAMES POWER REAL ESTATE BROKERAGE INC.
    LISTING DETAILS
    DARYL KING

  • 1207 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12829166

    1207 5949 Yonge Street Newtonbrook East Toronto M2M 3V8
    Main Photo: 1207 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12829166

    1207 5949 Yonge Street Toronto M2M 3V8 Newtonbrook East

    $319,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12829166
    Bedrooms:
    1
    Bathrooms:
    1
    EXCEPTIONAL OPPOTUNITY! Welcome to Sedona Place co-ownership apartments at 5949 Yonge St, located in the sought-after Newtonbrook neighborhood. This tastefully reimagined & fully renovated, west-facing, 1-bed, 1-bath apartment spans over 650 sqft, plus a 153 sqft sunset balcony, and comes with a parking spot & two (2) lockers. Bask in natural light pouring through large west-facing windows that fill the open-concept living & dining area with warmth. The sleek, modern kitchen features premium S/S Samsung & Bosch appliances, a 36" Bespoke fridge with cutom panels & Beverage CenterTM, LG ventless washer/dryer, & a corner sink with a touch faucet, soap dispenser, and convenient cup rinser. The kitchen island with seating makes for the perfect gathering spot for morning coffee or casual dining. The living room is both stylish & spacious, complete with an electric fireplace framed by built-in shelving, crown molding, and a remote-controlled ceiling fan with integrated lighting. The bright bedroom offers a wall-to-wall B/I custom wardrobe, built-in shoe cupboard, and a similar ceiling fan/light, along with a Delonghi portable A/C for personalized comfort. The bathroom is beautifully renovated with heated floors, a standing glass shower featuring a rain head, jets, & handheld wand, a sleek floating vanity, shower niche, & a heated towel rack. Throughout the unit, details like smooth ceilings, laminate tile floors, USB outlets, modern black door hardware, & dimmers add a refined touch. The suite also includes an in-suite deep locker, a rare & valuable feature for added storage. The building's charm & appeal have been enhanced by renovated hallways & lobby. A superintendent ensures peace of mind & day-to-day maintenance support. Minutes to Finch subway station & many parks & greenery. Yonge Street transit, shopping, cafés, restaurants, & parks at your doorstep. **All utilities are included & property taxes are paid with maintenance fee: ($1,119.80/12)+$943.48=$1,026.80/MO.** More details
    Listed by THE AGENCY
    LISTING DETAILS
    DARYL KING

  • 2009 352 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12830088

    2009 352 Front Street W Waterfront Communities C1 Toronto M5V 0K3
    Main Photo: 2009 352 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12830088

    2009 352 Front Street W Toronto M5V 0K3 Waterfront Communities C1

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12830088
    Bathrooms:
    1
    ** Fly Condos** 98-99 Walk Score,Excellent Layout, Chic Finishes,Contemporary Kitchen,Large Balcony Facing Clarence Park,Newer Herringbone Flooring,Newer Paint, Professsionally Cleaned , Rare Double Door Closets, Move In Ready,Walk To St Andrew Station,Financial District,Waterfront,Chinatown. 24 Hr Concierge,9 Ft Ceilings,No Carpet,Window Coverings*****Largest Studio***** Over 400 Sq Ft. More details
    Listed by GOLDENWAY REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 307 2645 Kipling Avenue in Toronto: Mount Olive-Silverstone-Jamestown Condo Apartment for sale (Toronto W10) : MLS®# W12830160

    307 2645 Kipling Avenue Mount Olive-Silverstone-Jamestown Toronto M9V 3S6
    Main Photo: 307 2645 Kipling Avenue in Toronto: Mount Olive-Silverstone-Jamestown Condo Apartment for sale (Toronto W10) : MLS®# W12830160

    307 2645 Kipling Avenue Toronto M9V 3S6 Mount Olive-Silverstone-Jamestown

    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12830160
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this beautifully renovated and move-in-ready 2-bedroom condo at 2645 Kipling Ave, offering modern upgrades, sweeping city views, and unbeatable everyday convenience in a prime Etobicoke location. This bright, carpet-free unit has been fully updated with brand new flooring throughout and stylish new light fixtures that add a contemporary touch. The stunning new kitchen features custom cabinetry, elegant quartz countertops, and a matching quartz backsplash, creating a sleek and functional space perfect for cooking and entertaining. The spacious L-shaped living and dining area offers an efficient layout filled with natural light, ideal for both relaxing evenings and hosting guests. Both bedrooms are generously sized with ample closet space, making this home perfect for first-time buyers, families, downsizers, or investors. The unit is virtually staged to showcase its full potential and highlight the modern finishes. Enjoy exceptional value with low monthly maintenance fees that include heat, water, internet, cable TV, building insurance, and underground parking helping keep monthly expenses predictable and affordable. Even better, the property taxes are incredibly low at only $706 for the full year, making this one of the most affordable ownership opportunities in the area. The location is unbeatable. TTC bus service is right at your doorstep with direct connections to Line 2 subway and north to Steeles. You are steps to local plazas and within walking distance to Albion Centre for groceries, dining, banking, and everyday essentials. Close to Humber College, parks, and Humber River trails. Commuters will appreciate quick access to Highways 401, 427, 407, and 400, plus convenient east-west travel along the Finch corridor. A fully upgraded, turnkey condo with low taxes, low fees, and outstanding convenience move in and enjoy just More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
    LISTING DETAILS
    DARYL KING

  • 406 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12825298

    406 1195 The Queensway Islington-City Centre West Toronto M8Z 1R6
    Main Photo: 406 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12825298

    406 1195 The Queensway Toronto M8Z 1R6 Islington-City Centre West

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12825298
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to urban living at its finest! This stylish 1+1 bedroom condo offers contemporary design and convenience in the heart of Etobicoke. Perfect for young professionals, couples, or small families, this unit boasts comfort, functionality, and an unbeatable location. This is the most functional layout The Tailor has to offer for a 1+1 bedroom suite with a separate private den which can be utilized as a home office, guest room, or cozy relaxation area, offering flexibility to suit your lifestyle. The large windows flood the unit with natural light and the 9' ceilings creates a airy ambiance throughout. Exceptional location with a bus stop right in front of the building, close to all amenities nearby (Ikea, Sherway Gardens mall, Costco) and easy access to Gardiner Expressway & 427 for a short drive to downtown. For family with kids and pets, you are steps away from the Senator Marian Maloney Park and the Zorra park (Dog park) to spend the sunny days outside with your loved ones. This building offers Executive Concierge, Fitness Area, Library/Study, BBQ, Lobby Lounge, Rooftop Lounge, Dining Area, Event Space with kitchen, Outdoor Terrace. Take advantage of the affordable maintenance and utilities with this functional sized unit! More details
    Listed by RE/MAX CROSSROADS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1713 195 Redpath Avenue in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12825540

    1713 195 Redpath Avenue Mount Pleasant West Toronto M4P 0E4
    Main Photo: 1713 195 Redpath Avenue in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12825540

    1713 195 Redpath Avenue Toronto M4P 0E4 Mount Pleasant West

    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12825540
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to City lights on Broadway South Tower! Open Concept Unit With 1 Bed, 1-bath condo at 195 Redpath Ave, Prime location just steps from Yonge & Eglinton. Enjoy the Easy access to the subway, restaurants, and vibrant shops. It perfect for a single person or couple. The unit features a functional layout with high-end upgrades, including a modern kitchen with quartz countertops and under-cabinet lighting. The bathroom includes a glass shower door, pot lights &additional storage shelves for convenience. Residents have access to over 18,000 sq. ft. of indoor and 10,000 sq. ft. of outdoor amenities. Including an outdoor pool with lounge chairs, steam room, outdoor theatre, modern gym, party room, BBQ area with seating, basketball court,guest suites, and visitor parking. Enjoy luxurious city living with everything you need rightat your doorstep! More details
    Listed by SMART SOLD REALTY
    LISTING DETAILS
    DARYL KING

  • 316 816 Lansdowne Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Condo Apartment for sale (Toronto W02) : MLS®# W12826006

    316 816 Lansdowne Avenue Dovercourt-Wallace Emerson-Junction Toronto M6H 4K6
    Main Photo: 316 816 Lansdowne Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Condo Apartment for sale (Toronto W02) : MLS®# W12826006

    316 816 Lansdowne Avenue Toronto M6H 4K6 Dovercourt-Wallace Emerson-Junction

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12826006
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Upside Down Condos! Beautiful and spacious one bedroom condo located in a very well-maintained boutique-style condominium near the Junction Triangle. Offering a modern south-facing open-concept layout Living/Dining with w/o to large bright balcony. Modern kitchen with granite countertops, breakfast bar, shaker-style cabinetry, subway tile backsplash and large single sink. The generously sized bedroom includes a double closet with shelving and a large window providing plenty of natural light. Additional storage space available at front foyer entrance. This very affordable & charming unit is perfect for first-time buyers and downsizers offering very low maintenance fees. Located in a vibrant community, including nearby Bloor West Village, The Junction, Geary Strip, High Park, Dufferin Mall, and more! Building amenities include an exercise room, sauna, party and games rooms, yoga studio, bicycle lockers, basketball court, billiards Room, ample underground visitor parking and security guard. Conveniently located close to public transit, groceries/food basics, Shoppers, schools, parks, and restaurants. The building is pet-friendly. More details
    Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 408 1 Cardiff Road in Toronto: Mount Pleasant East Condo Apartment for sale (Toronto C10) : MLS®# C12826382

    408 1 Cardiff Road Mount Pleasant East Toronto M4P 0G2
    Main Photo: 408 1 Cardiff Road in Toronto: Mount Pleasant East Condo Apartment for sale (Toronto C10) : MLS®# C12826382

    408 1 Cardiff Road Toronto M4P 0G2 Mount Pleasant East

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12826382
    Bedrooms:
    1
    Bathrooms:
    1
    Boutique Living on Eglinton - Urban Elegance Awaits Experience refined urban living in this stunning 1-bedroom condo located in the boutique Cardiff building on Eglinton. Designed with contemporary flair and practicality in mind, the suite features 9-foot ceilings, gleaming floors, quartz countertops, and an innovative layout that maximizes space and style. Parking available for purchase. Enjoy a vibrant lifestyle with an impressive indoor and outdoor amenity area, complete with an entertainment lounge, bar, and a beautifully designed outdoor terrace-ideal for relaxing or hosting. Centrally located in one of Toronto's most dynamic neighborhoods,you're just steps from Yonge & Eglinton's shops, restaurants, and the future LRT. Surrounded by top-rated schools and unbeatable urban conveniences, this is city living at its finest. Don't miss this incredible opportunity to own in one of Toronto's most sought-after communities. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 2008 56 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12826726

    2008 56 Forest Manor Road Henry Farm Toronto M2J 0E5
    Main Photo: 2008 56 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12826726

    2008 56 Forest Manor Road Toronto M2J 0E5 Henry Farm

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12826726
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome To This Stunning 1 Bedroom Plus Den Unit Features Fresh Paint, 9Ft Ceiling, And Floor-To-Ceiling Windows That Showcase An Unobstructed View, Creating A Bright And Airy Living Space. The Modern Kitchen Is Finished With Stainless Steel Appliances, Backsplash, Under-Cabinet Lighting, And A Functional Centre Island. The Open Layout Offers Comfortable Living And Dining Areas, While The Spacious Den Can Fit A Bed, Provides The Perfect Space For Guest Area Or Home Office. Ideally Located Just Steps From Fairview Mall, Don Mills Subway Station, Grocery Stores, And Everyday Conveniences, With Quick Access To The DVP, Hwy 404, 401, And 407, This Home Delivers Exceptional Comfort And Unmatched Urban Convenience. More details
    Listed by SUPERSTARS REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 103 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12827036

    103 40 Homewood Avenue Cabbagetown-South St. James Town Toronto M4Y 2K2
    Main Photo: 103 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12827036

    103 40 Homewood Avenue Toronto M4Y 2K2 Cabbagetown-South St. James Town

    $380,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12827036
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living! For sale for the first time by the original owner, this suite presents exceptional value for both end users and investors alike. The generously sized bedroom features ample closet space and floor-to-ceiling windows that fill the room with natural light. Step outside to your expansive west-facing balcony/terrace, ideal for summer lounging or entertaining guests - there's plenty of room for a full patio set. Enjoy the sunshine by day and take in the stunning sunsets by night with green views that stretch across the property. Situated between Cabbagetown and The Village, this prime location offers the perfect blend of character, convenience, and community. The building itself fosters a strong sense of belonging, with regular social events, a welcoming mix of residents of all ages, and an inclusive, friendly atmosphere that's hard to find in the heart of downtown. You'll also enjoy very low maintenance fees that cover everything - including heat, hydro, water, Bell Fibe high-speed internet, and cable TV. A large locker is included for added storage convenience. Outstanding amenities include an indoor pool, sauna, gym, guest suites, bike storage, EV charging stations, visitor parking, library, and meeting/party room - providing comfort, connection, and convenience all under one roof. Just minutes from the Downtown Core, TMU, U of T, The Village, and an array of top-rated restaurants, cafes, and shops, with easy access to the DVP and Gardiner Expressway. This condo offers the best of downtown living - a vibrant community, full-service amenities, and unbeatable value - all in one exceptional package. More details
    Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
    LISTING DETAILS
    DARYL KING

  • 501 38 Monte Kwinter Court in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12827076

    501 38 Monte Kwinter Court Clanton Park Toronto M3H 0E2
    Main Photo: 501 38 Monte Kwinter Court in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12827076

    501 38 Monte Kwinter Court Toronto M3H 0E2 Clanton Park

    $388,880
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12827076
    Bedrooms:
    2
    Bathrooms:
    1
    Step into Suite 501 at 38 Monte Kwinter Court, a beautifully designed and sun-filled 1+Den residence that seamlessly blends modern style with everyday comfort. This thoughtfully laid-out suite features an open-concept living and dining area, enhanced by sleek laminate flooring, soft neutral tones, and expansive windows that fill the space with natural light. The contemporary kitchen is both stylish and functional, complete with stainless steel appliances, modern cabinetry, ample storage, and a clean tile backsplash-perfect for both daily living and entertaining. A versatile den offers an ideal space for a home office, reading nook, or creative workspace, thoughtfully separated to maximize usability without compromising flow. The spacious bedroom provides a calm and inviting retreat, comfortably accommodating a queen-size bed with side tables, while maintaining a bright and airy ambiance. The large modern bathroom features clean lines, quality finishes, and a practical layout. Enjoy the added convenience of in-suite laundry and step outside to your private balcony, an ideal spot for morning coffee or evening relaxation. Residents enjoy access to an impressive selection of premium building amenities, including 24/7 concierge service, a state-of-the-art fitness centre, party and lounge rooms, outdoor BBQ areas, and beautifully maintained common spaces designed for both relaxation and community living. Perfectly positioned just steps from Subway Station, this prime location offers effortless access to downtown Toronto and beyond. Daily conveniences and retail options are close at hand, including Yorkdale Mall, Downsview SmartCentres (Costco, Home Depot, Best Buy), nearby parks, and quick access to Highway 401, making commuting and city living exceptionally convenient. It offers a refined urban lifestyle in a transit-connected neighbourhood-ideal for professionals, end-users, or investors seeking modern living with long-term value. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2239 125 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12827292

    2239 125 Omni Drive Bendale Toronto M1P 5A9
    Main Photo: 2239 125 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12827292

    2239 125 Omni Drive Toronto M1P 5A9 Bendale

    $379,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12827292
    Bedrooms:
    1
    Bathrooms:
    1
    Location Location. Welcome to Tridel Forest Mansion. This bright and spacious one bedroom condo has 24 hr gatehouse security and is steps to Ttc rapid transit Scarborough Town Centre, library, & restaurants. Newly updated Kitchen (2026) with solid surface countertops. freshly painted and new flooring in living room, dining kitchen, and bedroom. Incredible value. Close to Hwy 401, schools, parks. This beautiful building has recently updated common areas with tons of amenities including indoor pool, gym, billiards lounge, games room, party room and more. More details
    Listed by RE/MAX ABOUTOWNE REALTY CORP.
    LISTING DETAILS
    DARYL KING
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Data was last updated March 1, 2026 at 04:15 PM (UTC)
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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