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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  • 308 1038 Mcnicoll Avenue in Toronto: Steeles Condo for sale (Toronto E05) : MLS®# E12756096

    308 1038 Mcnicoll Avenue Steeles Toronto M1W 0A4
    Main Photo: 308 1038 Mcnicoll Avenue in Toronto: Steeles Condo for sale (Toronto E05)  : MLS®# E12756096
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12756096
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the beautiful Vintage Garden at 1038 McNicoll Ave. A well maintained retirement residence thoughtfully designed for 55+ seeking comfort, convenience and a stress free lifestyle. This beautifully cared-for building offers warm and inviting atmosphere with a full service restaurant located on the main level. Enjoy a worry-free lifestyle in a friendly, supportive environment with excellent on site amenities. This unit offers a bright and spacious open concept that has been exceptionally well maintained. Functional layout with a large walk out balcony. The washroom is thoughtfully equipped with senior-friendly safety features for added peace of mind. A wonderful opportunity to enjoy independence while benefiting from a supportive community oriented environment. More details
    Listed by RE/MAX EXCEL REALTY LTD.
    DARYL  KING
  • 306 1000 Sheppard Avenue W in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06) : MLS®# C12752350

    306 1000 Sheppard Avenue W Bathurst Manor Toronto M3H 2T6
    Main Photo: 306 1000 Sheppard Avenue W in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06)  : MLS®# C12752350
    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12752350
    Bedrooms:
    1
    Bathrooms:
    1
    Attention First-Time Home Buyers & Savvy Investors! Step into home ownership with this exceptional opportunity in a boutique, low-rise condominium perfectly positioned in a prime location. Enjoy serene, unobstructed views of the adjacent park from this bright and spacious unit, featuring a generously sized master bedroom complete with a walk-in closet. This safe, quiet and very well-maintained building offers underground parking and a private locker-both owned with the unit. A brand-new elevator is currently being installed and is scheduled to be operational by the end of October. Located just steps from the subway and public transit, with quick access to Yorkdale Mall and major highways including the 401 and 400, this property combines comfort, accessibility, and long-term potential. Why rent when you can own? Book your viewing today! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    DARYL  KING
  • 1510 72 Esther Shiner Boulevard in Toronto: Bayview Village Condo Apartment for sale (Toronto C15) : MLS®# C12753000

    1510 72 Esther Shiner Boulevard Bayview Village Toronto M2K 2X9
    Main Photo: 1510 72 Esther Shiner Boulevard in Toronto: Bayview Village Condo Apartment for sale (Toronto C15)  : MLS®# C12753000
    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12753000
    Bedrooms:
    1
    Bathrooms:
    1
    Fantastic Location! Bright And Spacious Unit Of The Luxury Tango 2 Condo. Unit Has A Balcony W/Beautiful North City View And A Modern Kitchen With Granite Countertop. Easy Access To Highway 401 And 404. Steps To Leslie & Bessarion Subway, Go Train Station, North York General Hospital. Its Excellent Amenities Include Gym, Snooker Table, Party Hall, Outdoor Patio With BBQ, Guest Suites, Visitor Parking, Reading Room, Concord Shuttle Service To Go And Subway, 24*7 Concierge. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    DARYL  KING
  • 2210 49 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12753454

    2210 49 East Liberty Street Niagara Toronto M6K 0B2
    Main Photo: 2210 49 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01)  : MLS®# C12753454
    $378,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12753454
    Bedrooms:
    1
    Bathrooms:
    1
    Unobstructed City View 1 Bedroom In The Heart Of Liberty Village. Perfect Investment- Property Tenanted. Layout W/Modern Design,Open Concept Kitchen & Luxury Appliances. Large Balcony, High Ceiling, Laminate Floors. Walking To Parks, Restaurants, Grocery Stores, King St, Fort York/Bathurst & Entertainment District On Lakefront, Steps To Public Transit. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    DARYL  KING
  • 1607 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12753654

    1607 3 Marine Parade Drive Mimico Toronto M8V 3Z5
    Main Photo: 1607 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W12753654
    $280,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12753654
    Bedrooms:
    1
    Bathrooms:
    1
    Two Connected Units Sold as One At Hearthstone by the Bay Retirement Living. This unique opportunity includes two separately registered yet physically connected condos: Unit 1607 (611 sq.ft.) and Unit 1606 (over 1,266 sq.ft.) offered together as one expansive residence totaling over 1,800 sq.ft. A rare and truly unique offering: this combined suite features traditional finishes, hardwood floors, and a smart winged layout perfect for flexibility and privacy. One side (1607) includes a one-bedroom suite with lounge/den, full bath, and laundry. The other (1606) offers two bedrooms, two baths, and bright, open-concept living, dining, and solarium areas. Easily walk through both sides via an internal connection, or close them off in the future if desired. Enjoy northwest corner exposure with glowing sunsets and a peek at the lake. Located in Hearthstone by the Bay a vibrant retirement condominium community by the waterfront. You'll own your suite while enjoying the convenience of a full-service lifestyle. Included in the *mandatory* monthly service package: housekeeping, select meals, 24-hour nurse access, fitness classes, daily activities, shuttle service, and more. Personal care services available as needed (up to 24/7).Downsize without compromise this is retirement living redefined. EXTRAS: Mandatory Club Fee: $1,990.85 + HST/month (1 occupant) Additional Occupant: $274.34 + HST/month Includes: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace & More. See Schedule for More Info. More details
    Listed by Royal Lepage Real Estate Associates, Larose Team
    DARYL  KING
  • 501 90 Ling Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12754480

    501 90 Ling Road West Hill Toronto M1E 4Y3
    $389,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12754480
    Bedrooms:
    2
    Bathrooms:
    1
    Beautiful sunny Eastview, close to all amenities, clean, bright, large ***, lots of storage space, **** granite counter, tastefully decorated kitchen, stainless steel appliances, dining room overlooks kitchen and living room, walkout to large enclosed balcony, steps to school, shopping, TTC, Entertainment. More details
    Listed by RE/MAX ALL-STARS REALTY INC.
    DARYL  KING
  • 3005 85 Wood Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12754642

    3005 85 Wood Street Church-Yonge Corridor Toronto M4Y 0E8
    Main Photo: 3005 85 Wood Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12754642
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12754642
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the heart of downtown living. This stunning luxury condo boasts unobstructed city views and an array of premium building amenities. Floor-to-ceiling windows flood the unit with natural light, complementing the sleek, modern kitchen and thoughtfully designed open-concept layout, functional and perfect for both everyday comfort and entertaining. Residents enjoy24-hour concierge service, a rooftop patio with panoramic views, a fully equipped fitness centre, and a business centre ideal for work or study. Unbeatable downtown location just steps to College Subway Station, University of Toronto, major hospitals, grocery stores, and world-class dining around, the Eaton Centre and Dundas Square only minutes away. More details
    Listed by RE/MAX REALTRON REALTY INC.
    DARYL  KING
  • 1212 36 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12755098

    1212 36 Lee Centre Drive Woburn Toronto M1H 3K2
    Main Photo: 1212 36 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09)  : MLS®# E12755098
    $379,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12755098
    Bedrooms:
    1
    Bathrooms:
    1
    A stunning corner unit in a stylish luxury condominium, ideally located in the prestigious Scarborough Town Centre area. Featuring a thoughtfully designed open-concept layout, this home offers expansive windows with panoramic, unobstructed views and an abundance of natural light. Tastefully painted throughout, its showcases with Laminate flooring throughout. The thoughtful layout maximizes space and light, creating a welcoming home perfect for first-time buyers or investors. This residence strikes the perfect balance of comfort and convenience. The building offers exceptional amenities including a 24-hour concierge, indoor swimming pool, whirlpool, fully equipped gym, table tennis, party room, guest suite, and more. Ideally situated just steps from public transit, major highways, shopping centres, supermarkets, fine dining, entertainment, schools, and Centennial College. More details
    Listed by ROYAL LEPAGE IGNITE REALTY
    DARYL  KING
  • 1010 159 Wellesley Street E in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12755824

    1010 159 Wellesley Street E Cabbagetown-South St. James Town Toronto M4Y 0H5
    Main Photo: 1010 159 Wellesley Street E in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12755824
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12755824
    Bedrooms:
    1
    Bathrooms:
    1
    Discover smart downtown living at 159 Wellesley Street East. This bright, modern suite offers a highly functional layout that feels larger than its footprint, enhanced by high ceilings, floor-to-ceiling windows, and unobstructed city views. A clean, carpet-free interior is paired with a contemporary kitchen featuring built-in appliances and sleek finishes-perfect for efficient, modern living.Ideally suited for young professionals, students, or investors, this residence is located just minutes from the University of Toronto (St. George Campus) and Toronto Metropolitan University, with easy walking access to both the Yonge-Wellesley and Bloor-Sherbourne subway lines. Enjoy immediate access to cafés, restaurants, grocery stores, parks, hospitals, and everyday urban conveniences. With pricing that makes ownership more compelling than renting, this is a rare opportunity to secure a downtown home, build equity, and enjoy long-term value at a cost comparable to monthly rent. Residents enjoy premium amenities including 24-hour concierge, Wi-Fi lounge, guest suites, billiards and games room, bicycle storage, indoor fitness studio, yoga studio with zen-inspired sauna, outdoor fitness areas, and a unique 360-degree rooftop running track. A true turnkey opportunity in the heart of Toronto's downtown core. More details
    Listed by RE/MAX WEST REALTY INC.
    DARYL  KING
  • 1212 2 Glamorgan Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12755738

    1212 2 Glamorgan Avenue Dorset Park Toronto M1P 2M8
    Main Photo: 1212 2 Glamorgan Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04)  : MLS®# E12755738
    $379,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12755738
    Bedrooms:
    1
    Bathrooms:
    1
    Bright, spacious, and move-in ready, this renovated 12th-floor suite offers a smart, open concept layoutwith large windows and plenty of natural light throughout. Enjoy an open living and dining area, apractical kitchen with ample storage, generous bedrooms, and a private balcony with beautiful city views.Set in a well-managed building with great amenities and unbeatable convenience, steps to TTC, parks,schools, shopping, and just minutes to Scarborough Town Centre and Hwy 401. Perfect for first-timebuyers, down sizers, or investors. Comfortable living in the heart of Scarborough. More details
    Listed by CENTURY 21 PERCY FULTON LTD.
    DARYL  KING
  • 508 77 Shuter Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12747370

    508 77 Shuter Street Church-Yonge Corridor Toronto M5B 0B8
    OPEN HOUSE: Feb 08, 2026
    02:00 PM - 04:00 PM EST
    Open House on Sunday, February 8, 2026 2:00PM - 4:00PM
    Main Photo: 508 77 Shuter Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12747370
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12747370
    Bedrooms:
    2
    Bathrooms:
    1
    Bright and functional 1+Den (can be used as bedroom) condo offering 577 sq ft of interior space plus a 149 sq ft open balcony!!! One locker included!!! Enjoy low maintenance fees making this an excellent starter home or investment opportunity!!! Features a smart open-concept living and dining layout, sleek built-in appliances, modern kitchen with island, ensuite laundry, and roller blinds throughout. Unbeatable downtown location within walking distance to Toronto Metropolitan University (Ryerson), Eaton Centre, and transit. Nofrills conveniently located at the base of the building.Outstanding amenities include a common workspace, gym, party room, and rooftop pool. The building also offers underground EV charging and visitor parking. More details
    Listed by SMART SOLD REALTY
    DARYL  KING
  • 2009 352 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12748160

    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®# C12748160
    $388,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12748160
    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 ,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.
    DARYL  KING
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Data was last updated February 4, 2026 at 06:15 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.