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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  • 2210 3260 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05) : MLS®# E12584336

    2210 3260 Sheppard Avenue E Tam O'Shanter-Sullivan Toronto M1T 0B5
    Main Photo: 2210 3260 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05)  : MLS®# E12584336
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12584336
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Pinnacle Toronto East, where contemporary design and everyday convenience come together in one of Scarborough's most sought-after neighbourhoods. This beautifully maintained one-bedroom suite features a bright, open-concept layout with 9-foot ceilings, elegant finishes, and expansive floor-to-ceiling windows that fill the space with natural light. The modern kitchen boasts stainless steel appliances, quartz countertops, and ample cabinet space, flowing seamlessly into the inviting living and dining area-perfect for entertaining or relaxing after a long day. Step out onto your private balcony to enjoy unobstructed east-facing views. The spacious bedroom offers a peaceful retreat with generous storage and plenty of natural light, while in-suite laundry provides everyday convenience. Ideally situated at Sheppard and Warden, you're just minutes from Fairview Mall, Scarborough Town Centre, grocery stores, restaurants, schools, parks, and major highways (401, 404, and 407). Residents enjoy a fantastic array of building amenities, including a fully equipped fitness centre, yoga studio, outdoor pool, rooftop terrace with BBQs, party lounge, children's play area, and more. This is modern condo living at its best in a prime Scarborough location. More details
    Listed by RE/MAX PLUS CITY TEAM INC.
    DARYL  KING
  • 1010 33 Charles Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12585212

    1010 33 Charles Street E Church-Yonge Corridor Toronto M4Y 0B7
    Main Photo: 1010 33 Charles Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12585212
    $325,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12585212
    Bathrooms:
    1
    Discover Refined Urban Living at Casa Condos! Experience the epitome of sophisticated downtown living at Casa Condos, ideally located steps from Yonge & Bloor and the exclusive Yorkville Village. This modern residence offers unmatched convenience with two subway lines, luxury boutiques, renowned restaurants, and the vibrant energy of the city right at your doorstep. Indulge in world-class amenities, including a 24-hour concierge, state-of-the-art fitness centre, media lounge, heated outdoor pool, stylish BBQ and entertaining area, as well as a breathtaking rooftop terrace and garden. Casa Condos redefines upscale urban living in Toronto's most coveted neighbourhood. More details
    Listed by RETREND REALTY LTD
    DARYL  KING
  • 324 21 Nelson Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12585632

    324 21 Nelson Street Waterfront Communities C1 Toronto M5V 3H9
    Main Photo: 324 21 Nelson Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12585632
    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12585632
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 324 at 21 Nelson Street - The Boutique Condos! Discover the ultimate downtown lifestyle in this stylish Junior 1-Bedroom suite, perfectly situated in the heart of Torontos Financial and Entertainment Districts. Offering approximately 424 sq ft of well-planned living space, this residence combines modern finishes, smart design, and an unbeatable location that places you steps from everything the city has to offer. Inside, you'll find a bright and functional layout featuring floor-to-ceiling windows, and a modern open-concept kitchen with stainless-steel appliances, and sleek cabinetry. Contemporary 4-piece bathroom adds a touch of hotel-inspired elegance. Thoughtful design ensures every square foot is maximized for comfort and efficiency. Live the boutique-hotel lifestyle with 24-hour concierge service and an impressive lineup of amenities, including a rooftop terrace and Skyline Lounge with panoramic city views, a fully equipped fitness centre, steam rooms, and private cabanas perfect for entertaining or relaxing above the city buzz. Step outside and immerse yourself in one of Torontos most dynamic neighbourhoods. You're just moments from the PATH, St. Andrew Subway Station, the Shangri-La Hotel, Queen Street West, Scotiabank Arena, Rogers Centre, the CN Tower, and the citys best shopping, dining, and entertainment. Includes one locker for added convenience. Ideal for first-time buyers, investors, or professionals seeking a refined pied-a-terre in the core. Come experience Boutique Living Downtown where style, sophistication, and convenience meet. More details
    Listed by EXECUTIVE REAL ESTATE SERVICES LTD.
    DARYL  KING
  • 910 8 Silverbell Grove in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12586434

    910 8 Silverbell Grove Malvern Toronto M1B 4Z3
    Main Photo: 910 8 Silverbell Grove in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12586434
    $339,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12586434
    Bedrooms:
    2
    Bathrooms:
    2
    Spacious & Well-Laid-Out Unit! This inviting suite features a generous bedroom with a walk-in closet, a bright living and dining area that opens onto a solarium offering unobstructed views, and a large, functional kitchen. Enjoy the added convenience of ensuite laundry. Located within walking distance to the mall, No Frills, medical center, Shoppers Drug Mart, elementary and high schools, and TTC transit. Just minutes to Highway 401. The building offers great amenities, including a gym and a party room. The entire apartment has been freshly painted, with brand-new taps installed throughout. More details
    Listed by ROYAL LEPAGE FLOWER CITY REALTY
    DARYL  KING
  • 908 10 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12586492

    908 10 Meadowglen Place Woburn Toronto M1G 0A8
    Main Photo: 908 10 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09)  : MLS®# E12586492
    $349,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12586492
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to One-Of-A-Kind 1+Den, 1 Bath, 1 Locker, 541 sq. ft. Ideal for First-time home buyers, young professionals, young families, individuals who are ready to step into the market! - Don't miss the chance to own this condo unit with greatly sized balcony and unobstructed view in the sought-after Scarborough Town Centre community! Spacious and functional layout. The Den can be used as a junior bedroom or as an office - lots of possibilities! High-quality living. Centennial College - 6 min drive, Hwy 401 - 4 min drive, U of T - 10 min drive, Centenary Hospital - 7 min drive, Woburn Collegiate - 4 min drive. Close to parks, schools, and Centennial Community Centre. Check it out!!! The unit and the surroundings are a must-see! More details
    Listed by META REALTY INC.
    DARYL  KING
  • 411 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12586714

    411 5 Massey Square Crescent Town Toronto M4C 5L6
    Main Photo: 411 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12586714
    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12586714
    Bedrooms:
    2
    Bathrooms:
    1
    This is an excellent condominium investment for your family. Welcome to this well maintained, spacious 2-bedroom, 1 bathroom Condominium with newer flooring, counters, storage and a large, enclosed terrace for your pleasure. Stylish light fixtures. Conveniently located steps from Danforth Ave, Victoria Park Subway, Bus Routes, Restaurants, Shoppers World and Local Services, Medical facilities, Industries and places of Worship, parks. Walk down to the main level and find commerce for all your shopping needs: grocery store, convenience store, local Gymnasium & Rec centre, medical, and other services. This condominium building is constantly cleaned, well maintained and monitored by wonderful Security team. You will enjoy what this building has to offer. A great sense of community and new friends await you. Note: A/C window units: owner must pay approximately $110 per unit for use. Subject to changes over time. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12582200

    102 5940 Yonge Street Newtonbrook West Toronto M2M 4M6
    Main Photo: 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07)  : MLS®# C12582200
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12582200
    Bedrooms:
    1
    Bathrooms:
    1
    Stunning Fully Renovated 1 Bedroom Condo at Yonge & Cummer in North York! Beautifully updated from top to bottom, this spacious suite features 10 ft ceilings, brand-new engineered flooring, and fresh paint throughout. Enjoy a new, modern kitchen with stone countertops, stainless steel appliances, and sleek cabinetry. The suite includes new lighting, new window coverings, and a large, fully fenced private patio perfect for outdoor lounging or entertaining. Comes with 1 parking space and 1 locker for added convenience. An incredible opportunity in a prime North York location surrounded by transit and amenities! This one won't last long! More details
    Listed by FOREST HILL REAL ESTATE INC.
    DARYL  KING
  • 1701 725 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12582368

    1701 725 Don Mills Road Flemingdon Park Toronto M3C 1S8
    Main Photo: 1701 725 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11)  : MLS®# C12582368
    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12582368
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Suite 725 at Glen Valley Condominiums! This Spacious and Meticulously Well Maintained One Bedroom Condo Won't Disappoint and Includes Parking and a Locker. Excellent Building Amenities Include an Indoor Pool, Sauna and Gym. All Located Steps from the TTC and within Close Proximity to the Future Eglinton Crosstown LRT and Ontario Line Stations. With a Walk Score of 82, You're Surrounded by Parks, Ravine Trails, and Urban Conveniences - Perfect for Active, Community-Focused Living! Can be Purchased Furnished as Seen. Move Right in and Enjoy! More details
    Listed by FOREST HILL REAL ESTATE INC.
    DARYL  KING
  • 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08) : MLS®# C12582616

    614 170 Bayview Avenue Waterfront Communities C8 Toronto M5A 1H7
    Main Photo: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12582616
    Bathrooms:
    1
    This Meticulously Designed Studio Suite In River City Three Offers An Indescribable Living Experience. Complemented By A Tranquil Private Balcony Oasis With Breathtaking Views Over Corktown Common, A Breathtaking 18 Acre Park And The Jewel In The Landscape Of The West Don Lands. The Cozy Residence Delivers Privacy, Plenty Of Natural Light As Well As An Artful Opulence. Heralded By A Modern Kitchen W/ Paneled Appliances & Ample Storage. The Suite Features Exceptional Finishes Including White Oak Hardwood Flooring, Exposed Concrete Ceilings, Floor To Ceiling Windows And An Exceptional Spa-Like Washroom With Top Of The Line Modern Plumbing Fixtures.World Class Amenities Include State Of The Art Exercise Facility & Outdoor Pool. Unbeatable Location. Easy Access To Corktown Common, Corktown, Leslieville, Distillery District, Cherry Beach & Biidaasige Park! Quick Access To Martin Goodman Trail & Gardiner Expressway. More details
    Listed by RE/MAX HALLMARK BIBBY GROUP REALTY
    DARYL  KING
  • 4406 8 Eglinton Avenue E in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12577766

    4406 8 Eglinton Avenue E Mount Pleasant West Toronto M4P 0C1
    Main Photo: 4406 8 Eglinton Avenue E in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10)  : MLS®# C12577766
    $388,888
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12577766
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to E condos-44th floor luxury living at Yonge & Eglinton. Bright and modern 1-bedroom suite with unobstructed North views stretching East to West. Enjoy spectacular sunrises and sunsets from your private balcony. Functional layout with floor-to-ceiling windows and contemporary finishes throughout. Direct access to the TTC subway, soon-to-open LRT, shopping, restaurants, and entertainment all at your doorstep. Exceptional building amenities include a glass-enclosed indoor pool, yoga and fitness studios, tech lounge, guest suites and more. A perfect opportunity to experince elevated urban living in one of Toronto's most connected locations. More details
    Listed by BOSLEY REAL ESTATE LTD.
    DARYL  KING
  • 224 5235 Finch Avenue E in Toronto: Agincourt North Condo Apartment for sale (Toronto E07) : MLS®# E12578500

    224 5235 Finch Avenue E Agincourt North Toronto M1S 5X3
    Main Photo: 224 5235 Finch Avenue E in Toronto: Agincourt North Condo Apartment for sale (Toronto E07)  : MLS®# E12578500
    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12578500
    Bedrooms:
    2
    Bathrooms:
    1
    Immaculate And Well Maintained Spacious 2 Bedroom Condo With An Open Concept. Featuring A Large Living Area, A Well Laid Out And Updated Kitchen, Laminated Floors Throughout And A Large Private Balcony Offering Fresh Air And Open Views. Located On A Well-Maintained, Low-Rise Building In One Of The Most Family Friendly Neighbourhoods In Scarborough, This Place Is Just Perfect For Families Seeking Comfort And Convenience. With A Low Maintenance Fee And Great Connectivity To All Amenities, Shopping Centre, Bus Stop ,Train Station, Hwy 401 Etc, This Is A Great Opportunity Knocking! More details
    Listed by DAN PLOWMAN TEAM REALTY INC.
    DARYL  KING
  • 1003 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12579028

    1003 100 Dundalk Drive Dorset Park Toronto M1P 4V2
    Main Photo: 1003 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04)  : MLS®# E12579028
    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12579028
    Bedrooms:
    2
    Bathrooms:
    1
    erfect Condo Unit to Set Up Own Life. Located Conveniently Near 401 & Kennedy Rd, Close to TTC Bus Stops, Walking Distance to Schools, Metro and Highland Farms, Many Restaurants and Fast-Food Nearby. New Kitchen, New Washroom, New Light Fixtures, Soft Close Cabinets, Tile Floor, Large Living and Dining Space with W/O to Large Balcony, Large Windows for Lots of Natural Light, Functional Layout Allows for No Wasted Living Space. All Rooms Are Freshly New Painted! More details
    Listed by MASTER`S TRUST REALTY INC.
    DARYL  KING
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Data was last updated November 29, 2025 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.