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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  • 503 3311 KINGSTON Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12785562

    503 3311 KINGSTON Road Scarborough Village Toronto M1M 1R1
    Main Photo: 503 3311 KINGSTON Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08)  : MLS®# E12785562
    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12785562
    Bedrooms:
    1
    Bathrooms:
    1
    ** LARGE ** SPACIOUS & BRIGHT ** 630 SQ. FT. ONE BEDROOM 1 ONE BATHROOM 1 CONDO ** IN SOUGHT-AFTER, WELL MAINTAINED & WELL CARED FOR CONDO BUILDING ** SURROUNDED BY ALL AMENITIES ** STEPS TO TTC, SHOPPING, SCHOOLS ** CLOSE TO "GO" STATION ** BUILDING AMENITIES INCLUDE OUTDOOR HEATED SWIMMING POOL, GYM, SAUNA, PARK ** 1 PARKING SPOT & 1 LOCKER INCLUDED **STEPS TO MANY WALKING TRAILS TO B-L-U-F-F-S & L*A*K*E* **LOW MAINTENANCE & TAXES ** MAINTENANCE INCLUDES EVERYTHING HEAT, HYDRO, WATER, & TV ** More details
    Listed by LAWLOR REALTY LTD.
    DARYL  KING
  • 1705 180 Fairview Mall Drive in Toronto: Don Valley Village Condo Apartment for sale (Toronto C15) : MLS®# C12781932

    1705 180 Fairview Mall Drive Don Valley Village Toronto M2J 4T1
    Main Photo: 1705 180 Fairview Mall Drive in Toronto: Don Valley Village Condo Apartment for sale (Toronto C15)  : MLS®# C12781932
    $393,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12781932
    Bedrooms:
    2
    Bathrooms:
    1
    Fairview Mall VIVO Condo One Bedroom Plus Den.Den can used as single bedroom Very Convenient Location. Sunny West Exposure. Laminate Flooring Throughout. Huge Balcony With Unblock!! Steps To Fairview Mall And Don Mill Subway Station**. Closed To 3 Major Highways, 401/404/407. Minutes To Seneca College And All Surrounding Amenities Includes Park, Library, Schools, T & T Supermarket And Restaurants! Building Amenities Including Party Room, Gym, Concierge & Security . S/S Appls: Fridge, Stove & Oven, Range Hood, B/I Dishwasher. Stackable Washer And Dryer. All Elfs & Window Coverings Move-In Ready. Must see Don't Miss This Opportunity! More details
    Listed by POWER 7 REALTY
    DARYL  KING
  • 1104 914 yonge Street in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12782680

    1104 914 yonge Street Annex Toronto M4W 3C8
    Main Photo: 1104 914 yonge Street in Toronto: Annex Condo Apartment for sale (Toronto C02)  : MLS®# C12782680
    $245,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12782680
    Bathrooms:
    1
    If you've been looking for an affordable opportunity to create your own space in one of downtowns most sought after neighborhoods, this is the one for you! This studio space with private balcony is awaiting your vision! More details
    Listed by ACCSELL REALTY INC.
    DARYL  KING
  • 1908 100 Harbour Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12783350

    1908 100 Harbour Street Waterfront Communities C1 Toronto M5J 0B5
    Main Photo: 1908 100 Harbour Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12783350
    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12783350
    Bathrooms:
    1
    Experience The Ultimate In Downtown Living At Harbour Plaza By Menkes, Perfectly Situated At The Corner Of York And Harbour In The Vibrant South Core Financial District. This Sun-Drenched, Freshly Painted, South-Facing Studio Features 9ft Ceilings And Expensive Floor-To-Ceiling Windows That Offer Breathtaking Views Of Both The City Skyline And The Lakefront. The Smart, Open-Concept Layout Is Designed For Both Living And Working, Centered Around A Modern Kitchen With Quartz Countertops And Premium Built-In Stainless Steel Appliances.Location Is The Cornerstone Of This Property's Value, Providing Residents With A Private And Direct Second-Floor Connection To The PATH. This Weather-Protected Network Links You Instantly To Union Station, Scotiabank Arena, And The Financial District. Everything You Need Is Right At Your Doorstep Within The Shops At One York, Including A 30,000 Square Foot Pure Fitness Health Club (One Membership Included), Nature's Emporium Grocery Store, Winners, And A Diverse Selection Of Cafes And Restaurants. The Building's World-Class Amenities Extend Your Living Space Well Beyond The Unit. After Being Greeted By The 24-Hour Concierge, You Can Enjoy A Massive Sixth-Floor Amenity Level Featuring Co-Working , Study Lounges, And A Gourmet Demonstration Kitchen. The Sprawling Landscaped Outdoor Terrace Serves As An Urban Oasis With BBQ Stations, A Fire Pit Lounge, And Spectacular City Views. Making This One Of The Most Comprehensive Lifestyle Packages In Toronto. *Some photos are virtually staged to showcase the potential of the space. Furnitures and decor are not included in the sale.* More details
    Listed by LANDPOWER REAL ESTATE LTD.
    DARYL  KING
  • 206 5 Frith Road in Toronto: Glenfield-Jane Heights Condo Apartment for sale (Toronto W05) : MLS®# W12783298

    206 5 Frith Road Glenfield-Jane Heights Toronto M3N 2L5
    Main Photo: 206 5 Frith Road in Toronto: Glenfield-Jane Heights Condo Apartment for sale (Toronto W05)  : MLS®# W12783298
    $325,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12783298
    Bedrooms:
    2
    Bathrooms:
    1
    Offering this spacious 2-bedroom, 1-bath condo offering 1,029 sq ft of potential! This unit needs some TLC-perfect opportunity for investors, first time buyers or handymen looking to add value. Features a functional layout with a large living/dining area, walkout to an oversized balcony, perfect for relaxing or entertaining, generous bedroom sizes. Located in a well-managed building close to schools, parks, shopping, TTC, York University, and major highways. Great value and tons of potential-bring your vision and make it your own! More details
    Listed by REMAX YOUR COMMUNITY REALTY
    DARYL  KING
  • 220 3220 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05) : MLS®# E12783652

    220 3220 Sheppard Avenue E Tam O'Shanter-Sullivan Toronto M1T 0B7
    Main Photo: 220 3220 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05)  : MLS®# E12783652
    $364,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12783652
    Bathrooms:
    1
    Bright, thoughtfully designed, and effortlessly functional, this spacious studio offers an exceptional opportunity for first-time buyers, investors, or those seeking a well-connected urban retreat. Featuring a full bathroom and an open-concept living, dining, and kitchen area with soaring 9-foot ceilings, the layout feels airy and inviting. The modern kitchen is equipped with newer stainless steel appliances, seamlessly integrated into the living space for easy everyday living and entertaining. A generous walk-in closet provides excellent storage, while the walk-out to a private north-facing terrace extends your living space outdoors. Enjoy approximately 60 sq ft of balcony space, ideal for morning coffee or quiet evenings. Additional highlights include en-suite laundry and a dedicated parking space for added convenience. Ideally located with easy access to the 401 and 404, commuting across the city is effortless. A smart, stylish space in a location that keeps you connected. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    DARYL  KING
  • 205 101 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12784298

    205 101 Prudential Drive Dorset Park Toronto M1P 4S5
    Main Photo: 205 101 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04)  : MLS®# E12784298
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12784298
    Bedrooms:
    1
    Bathrooms:
    1
    Investors & First-Time Homebuyers! Don't miss this incredible opportunity in the heart of Scarborough, perfect whether you're looking for your first home or a smart investment! This beautiful one-bedroom condo offers the perfect mix of comfort, convenience, and value. Enjoy a functional kitchen, spacious living and dining areas, and an oversized bedroom with plenty of room to relax. The large balcony is a great bonus. The building is quiet, clean, and well-maintained, with recently updated common areas. With low maintenance fees and property taxes, it's both affordable and easy on your budget. Located in one of Scarborough's most convenient areas, just minutes from Scarborough Town Centre, Lawrence East Station, and the future Scarborough Subway Extension, you'll have everything you need close by. Amenities include a Gym, Outdoor Swimming Pool, a Party/Meeting Room, Sauna, and Plenty of Visitor Parking. Motivated Seller! Don't wait - this could be your new home or next great investment! More details
    Listed by CENTURY 21 INNOVATIVE REALTY INC.
    DARYL  KING
  • 1904 410 Mclevin Avenue in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12784686

    1904 410 Mclevin Avenue Malvern Toronto M1B 5J5
    Main Photo: 1904 410 Mclevin Avenue in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12784686
    $369,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12784686
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this bright and spacious 2-bedroom, 2-bathroom suite offering approximately 1,007 sq. ft. of living space, including the balcony. The suite features an open-concept living and dining area with a walk-out to a private balcony, perfect for everyday living and entertaining. Recently fully renovated with meticulous care, including brand-new vinyl flooring installed last year, this home is modern, clean, and move-in ready. Residents have access to exceptional recreational facilities, such as an outdoor tennis court, Swimming pool, 2 party halls, as well as 24-hour gated security. Located in an unbeatable area, just steps away from schools, a shopping mall, hospital, TTC, library, medical buildings, and places of worship. Included are the stove, fridge, washer & dryer, all window coverings, and light fixtures. This well-maintained, upgraded home is situated in a highly convenient and secure community. Pets are welcome with prior approval and subject to the landlord's pet policy. More details
    Listed by GET HOME REALTY INC.
    DARYL  KING
  • 306 222 Finch Avenue W in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12784756

    306 222 Finch Avenue W Newtonbrook West Toronto M2R 1M6
    Main Photo: 306 222 Finch Avenue W in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07)  : MLS®# C12784756
    $398,888
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12784756
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 306 at 222 Finch Avenue West - a well-designed 1-bedroom suite offering approximately 786 sq. ft. of functional living space in a prime North York location. This north-facing unit enjoys peaceful tree-lined views and an abundance of natural light, creating a calm and comfortable atmosphere. Featuring a spacious open-concept layout, the suite offers generous living and dining areas ideal for both everyday living and entertaining. Thoughtfully planned with luxury finishes and efficient use of space throughout. Includes one parking space and one locker for added convenience. Unbeatable location just steps to Yonge & Finch transit, subway, TTC, and Viva, with quick access to Highway 401. Walking distance to grocery stores, restaurants, cafés, parks, schools, and everyday amenities, making this an excellent choice for professionals, end-users, or investors seeking convenience and long-term valA perfect blend of space, location, and accessibility in one of North York's most connected neighbourhoods More details
    Listed by REMAX YOUR COMMUNITY REALTY
    DARYL  KING
  • 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
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Data was last updated February 13, 2026 at 03:15 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.