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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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  • 806 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12706528

    806 5949 Yonge Street Newtonbrook East Toronto M2M 3V8
    Main Photo: 806 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12706528

    806 5949 Yonge Street Toronto M2M 3V8 Newtonbrook East

    $300,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12706528
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Sedona Place offering a bright and spacious 650 sq ft, 1-bedroom, 1-bath unit with a 153 sq ft balcony in a well-managed co-ownership building. This suite offers exceptional value with a series of thoughtful upgrades over the years and a locker is included for additional storage. The bathroom has been fully renovated with new tiles, vanity, mirror, and shower along with an excellent kitchen showcasing completely updated with new cabinetry, countertops, backsplash, sink, faucet, dishwasher and microwave. New flooring installed throughout the entire unit and the freshly painted from top to bottom. Full care all around with recently updated hallways and lobby that enhance the building's appeal, not to mention a live-in superintendent providing day-to-day maintenance and support. Situated right on vibrant Yonge Street, you're just steps from transit, shops, restaurants, cafes, and parks - everything you need is right outside your door. Just minutes to Finch Subway Station, this location offers unbeatable convenience in a walkable, well-connected North York neighbourhood. A perfect choice for first-time buyers or those seeking affordable city living. More details
    Listed by PROPERTY.CA INC.
    LISTING DETAILS
    DARYL KING

  • 723 3460 Keele Street in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12706504

    723 3460 Keele Street York University Heights Toronto M3J 1L9
    Main Photo: 723 3460 Keele Street in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12706504

    723 3460 Keele Street Toronto M3J 1L9 York University Heights

    $279,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12706504
    Bedrooms:
    2
    Bathrooms:
    1
    **ATTENTION INVESTORS AND FIRST TIME HOME BUYERS** This Co-Op 2 Bdrm 1 Bath Apartment Has Great Rental Potential! Excellent Location, W/Out To Large Balcony Minutes To Amenities; Schools, York U, Ttc, Hwy 401&400, Downsview Park, Shopping, Groceries & Humber Hospital. Ttc Bus At Front Door & Subway Is Minutes Away. Maintenance Fee Includes: Property Tax, Hydro, Heat, Water, Cable Tv. Building Amenities: Outdoor Pool, Playground, Tennis Court, Visitor Parking, Coin Laundry & Secure Entry. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 405 2464 Weston Road in Toronto: Weston Condo Apartment for sale (Toronto W04) : MLS®# W12702226

    405 2464 Weston Road Weston Toronto M9N 0A2
    Main Photo: 405 2464 Weston Road in Toronto: Weston Condo Apartment for sale (Toronto W04) : MLS®# W12702226

    405 2464 Weston Road Toronto M9N 0A2 Weston

    $398,800
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12702226
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this cozy and inviting one-bedroom condo at Weston on the Humber in Toronto. This well-maintained unit blends timeless style with a comfortable, home-like feel-perfect for buyers seeking both convenience and charm. The functional kitchen comes complete with all appliances, while the bright living space features a large window and a walk-out to a private balcony, filling the unit with natural light. Ideally located in a commuter-friendly neighbourhood, enjoy easy access to shopping, public transit (TTC), and major highways, including the 401. Additional highlights include parking and a locker. A fantastic opportunity to live in a well-connected and desirable location-don't miss it! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 405 15 Sewells Road in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12702732

    405 15 Sewells Road Malvern Toronto M1B 3V7
    Main Photo: 405 15 Sewells Road in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12702732

    405 15 Sewells Road Toronto M1B 3V7 Malvern

    $299,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12702732
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 15 Sewells Rd. This well-maintained 1-bedroom, 1-bath condo offers 708 sq ft of bright, functional living space. The open-concept layout features combined living and dining areas, engineered hardwood and vinyl flooring throughout, a spacious bedroom, and an east-facing open balcony. Enjoy the convenience of an ensuite storage room plus an additional locker for all your storage needs. Includes one underground parking space. Building amenities include a gym, party room, newly renovated lobby and hallways, and a laundry room. Maintenance fees include all utilities and Rogers cable. Ideally located in the Malvern neighbourhood, steps to TTC, shopping, groceries, schools, parks, recreation centre, and daily amenities, with quick access to Hwy 401. Perfect for first-time buyers, downsizers, or investors-move-in ready! More details
    Listed by RE/MAX ROUGE RIVER REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12702804

    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®# C12702804

    102 5940 Yonge Street Toronto M2M 4M6 Newtonbrook West

    $387,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12702804
    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.
    LISTING DETAILS
    DARYL KING

  • 501 1195 The Queensway Way in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12704006

    501 1195 The Queensway Way Islington-City Centre West Toronto M8Z 0H1
    Main Photo: 501 1195 The Queensway Way in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12704006

    501 1195 The Queensway Way Toronto M8Z 0H1 Islington-City Centre West

    $269,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12704006
    Bathrooms:
    1
    COMPLETED IN 2023 - THIS MODERN UNIT AT THE TAILOR RESIDENCES OFFERS A GREAT ENTRY OPPORTUNITY FOR FIRST TIME HOME BUYERS, TRANSITIONING RENTERS AND INVESTORS ALIKE WHO WANT TO EXPERIENCE THE BENEFITS AND FREEDOM OF HOMEOWNERSHIP WHILE KEEPING COSTS LOW AND PREDICTABLE. THE CONDO OFFERS IT'S RESIDENTS HIGH-LIVING AMENITIES LIKE 24 HR CONCIERGE, GYM, YOGA STUDIO, PET SPA, DINING ROOM, PARTY ROOM, ROOFTOP DECK, ETC. WALKING DISTANCE TO A NUMBER OF RESTAURANTS/CUISINES, DOG PARK, COURTYARD. CLOSE TO BANKS, SOBEYS, COSTCO WHOLESALE, IKEA, GAS STATIONS, AND SO MUCH MORE. THE AREA IS STILL DEVELOPING, DON'T MISS YOUR CHANCE TO BUY IN NOW. More details
    Listed by GLOBAL LINK REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • B416 60 Annie Craig Drive S in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12704130

    B416 60 Annie Craig Drive S Mimico Toronto M8V 0C8
    Main Photo: B416 60 Annie Craig Drive S in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12704130

    B416 60 Annie Craig Drive S Toronto M8V 0C8 Mimico

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12704130
    Bedrooms:
    1
    Bathrooms:
    1
    Luxury Waterfront "Ocean Club" Condo by a Famous Builder! Bright and spacious south-facing 1- bedroom suite with 9-ft ceilings* a large private balcony* 2026 Spent $$$$$ upgraded with high-quality hard flooring and baseboards, fresh paint, and new LED lighting in the living and Bedroom* Very functional layout *with a modern kitchen featuring quartz countertops*One parking and one locker included*Resort-style amenities include 24-hour concierge, swimming pool, sauna, and fitness centre* Prime Mimico-Humber Bay location close to downtown, TTC, highways, marina, parks, and supermarkets. Ready move in ,Welcome to see More details
    Listed by CENTURY 21 ATRIA REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1512 234 Albion Road in Toronto: Elms-Old Rexdale Condo for sale (Toronto W10) : MLS®# W12704260

    1512 234 Albion Road Elms-Old Rexdale Toronto M9W 6A5
    Main Photo: 1512 234 Albion Road in Toronto: Elms-Old Rexdale Condo for sale (Toronto W10) : MLS®# W12704260

    1512 234 Albion Road Toronto M9W 6A5 Elms-Old Rexdale

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12704260
    Bedrooms:
    2
    Bathrooms:
    1
    Enjoy the rare convenience of one separate, underground parking spaces - a standout advantage as the only unit currently for sale across the three-building complex to offer it. This beautifully 2-bed, 1-bath condo delivers everyday ease and long-term value. Inside, a stylish open-concept layout features wide-plank wood/Tile flooring, kitchen with appliances, and full bath carpet-free, and filled with natural light, the suite extends to a private balcony with sunset views. Toronto Sky Line Humber River Steps to transit, top-rated schools, Humber River trails, golf, the hospital, and major highways - a turnkey opportunity in a prime, commuter friendly location. Property needs TLC Gym, Sauna , Party Room , Children Play Ground . Close to 401, 400 and Highway 27. Mantanice Fee- Include Water, Hydro , CAC, Parking, Building Insurance Common Elements. More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2132 3 Greystone Walk Drive in Toronto: Kennedy Park Condo Apartment for sale (Toronto E04) : MLS®# E12705240

    2132 3 Greystone Walk Drive Kennedy Park Toronto M1K 5J4
    Main Photo: 2132 3 Greystone Walk Drive in Toronto: Kennedy Park Condo Apartment for sale (Toronto E04) : MLS®# E12705240

    2132 3 Greystone Walk Drive Toronto M1K 5J4 Kennedy Park

    $395,500
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12705240
    Bedrooms:
    1
    Bathrooms:
    1
    A fantastic well managed gated community within steps to TTC, Bluffers Park, Stunning renovated new Kitchen & Bathroom with spectacular west view of downtown skyline including CN Tower. Convenient shopping next door at neighbourhood plaza. Flexible closing! Unit is vacant and move-in condition. Spa like amenities with well equipped fitness centre, indoor & outdoor pool, hot tub, sauna, tennis, squash, billiards, party & board rooms. On site mgt office. Very generous amount of covered VISITOR Parking! More details
    Listed by SWANSON, DONNA
    LISTING DETAILS
    DARYL KING
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  • 912 90 Glen Everest Road in Toronto: Birchcliffe-Cliffside Condo Apartment for sale (Toronto E06) : MLS®# E12705284

    912 90 Glen Everest Road Birchcliffe-Cliffside Toronto M1N 0C3
    Main Photo: 912 90 Glen Everest Road in Toronto: Birchcliffe-Cliffside Condo Apartment for sale (Toronto E06) : MLS®# E12705284

    912 90 Glen Everest Road Toronto M1N 0C3 Birchcliffe-Cliffside

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12705284
    Bedrooms:
    2
    Bathrooms:
    2
    Step Into Modern Luxury At #912-90 Glen Everest Rd, A Rare 1+1 Bedroom, 2 Full Bathroom Condo Located In The Vibrant Birchcliffe-Cliffside Community-Perfect For First-Time Home Buyers, Professionals, Or Downsizers. This Thoughtfully Designed Suite Offers An Exceptional Blend Of Style, Functionality, And Comfort.The Open-Concept Living Space Is Anchored By A Sleek Black & White Contemporary Kitchen Featuring Polished Quartz Countertops And Stainless Steel Appliances, Ideal For Entertaining Or Everyday Living. The Spacious Primary Bedroom Includes Easy Access To A Full Ensuite. The Versatile Den Functions Perfectly As A Bedroom Or Home Office.Enjoy Seamless Indoor-Outdoor Living With A Rare, Oversized Balcony, Offering The Perfect Space To Relax, Entertain, Or Take In Beautiful Views. Owned Parking Included For Added Convenience.This Building Offers Outstanding Amenities Including A Fully Equipped Gym, Party Room, BBQ Area, And 24-Hour Concierge Service.Prime Location Along Kingston Rd With TTC At Your Doorstep, Close To Scarborough GO, Easy Access To Downtown Union Station, Shops, Cafes, Restaurants, And Excellent Schools. Just Minutes From The Waterfront Trail And Scarborough Bluffs, Combining Urban Convenience With Natural Beauty. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 4809 14 York Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12698250

    4809 14 York Street Waterfront Communities C1 Toronto M5J 2Z2
    Main Photo: 4809 14 York Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12698250

    4809 14 York Street Toronto M5J 2Z2 Waterfront Communities C1

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12698250
    Bedrooms:
    2
    Bathrooms:
    1
    Direct PATH access & Freshly updated! Experience elevated downtown living in this beautifully updated 1+1 bedroom suite at the prestigious ICE Condos II! Thoughtfully designed with an open-concept layout, the suite features modern laminate flooring throughout, a sleek contemporary kitchen with integrated and stainless-steel appliances, granite countertops, and refined finishes that blend style with functionality. The spacious living & dining area extends to a large private balcony, creating the perfect setting to enjoy breathtaking skyline & CN Tower views, plus a versatile study area ideal for remote work! Enjoy world-class amenities including 24/7 concierge, fitness centre, yoga studio, indoor pool, jacuzzi, sauna, party room, theatre, business centre, lounge areas, and children's playroom. Steps to Harbourfront, CN Tower, Rogers Centre, Ripley's Aquarium, Love Park, and top restaurants. Direct access to the PATH, Union Station, Scotiabank Arena, Maple Leaf Square, Longo's, and Starbucks. Short-term rental friendly, offering exceptional investment potential and flexibility for modern lifestyle! One (1) Locker included!! Do Not Miss! More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 906 180 Markham Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12699102

    906 180 Markham Road Scarborough Village Toronto M1M 2Z9
    Main Photo: 906 180 Markham Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12699102

    906 180 Markham Road Toronto M1M 2Z9 Scarborough Village

    $399,977
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12699102
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this beautifully renovated 2-bedroom condo offering a modern, move-in-ready living space. Featuring updated flooring, a contemporary kitchen with upgraded cabinetry and quartz countertops, and a refreshed bathroom, this unit blends comfort with style. The open-concept layout provides excellent natural light and functional living areas, ideal for professionals, couples, or small families. Conveniently located close to shopping, transit, and everyday amenities-this is condo living at its best. Ideally located steps from grocery stores, Tim Hortons, McDonald's, Starbucks, local restaurants, public transit including the GO Station, schools, childcare, and Scarborough Recreation Centre. Enjoy walking access to the lake and parks, with seamless connectivity to Kingston Road and Highway 401. Enjoy all-inclusive maintenance fees: hydro, heat, water, parking, locker, cable, plus high-speed internet. Exclusive parking and locker. More details
    Listed by EVEREST REALTY LTD.
    LISTING DETAILS
    DARYL KING
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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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