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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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  • 608 650 Lawrence Avenue W in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12408385

    608 650 Lawrence Avenue W Englemount-Lawrence Toronto M6A 3E8
    Main Photo: 608 650 Lawrence Avenue W in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12408385

    608 650 Lawrence Avenue W Toronto M6A 3E8 Englemount-Lawrence

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12408385
    Bedrooms:
    2
    Bathrooms:
    1
    Excellent Tridel built, "The Shermount" Condo's in prime location of Toronto! Conveniently located steps away from Lawrence West subway station! Recently renovated 1 bed + den, 1 bath unit with 640sq.ft! Open floor plan allows a full size living & dining space! Low Maintenance fees include ALL utilities! Upgraded modern Vinyl floors throughout, Upgraded kitchen with stainless appliances, quartz counters, white cabinets & black accents. Living space with walkout to large balcony with unobstructed CN Tower view. Upgraded 4pc bathroom, Ensuite Laundry, 1 large locker, Parking spot rented at $80 per month directly from management (can be cancelled at any time!). Unit gets a lot of natural light! Quick Access to Allen Rd. & 401, short walk to Schools, Subway, TTC, 1 Subway Stop to Yorkdale Mall & steps to Lawrence Allen Shopping Mall. The perfect Condo for those seeking comfort & accessibility! More details
    Listed by ARMANI REALTY
    LISTING DETAILS
    DARYL KING

  • 1202 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12408330

    1202 5 Massey Square Crescent Town Toronto M4C 5L6
    Main Photo: 1202 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12408330

    1202 5 Massey Square Toronto M4C 5L6 Crescent Town

    $329,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12408330
    Bedrooms:
    1
    Bathrooms:
    1
    Best priced ONE bedroom condo ** Renovated, clean, updated and move in condition ** Brand New Fridge, Stove, Rangehood ** Freshly Painted ** shows well ** Great Amenities in the complex included** Parking and Locker available on rental basis ** Walk to Subway, all amenities, Parks, shopping, school** 24 Hours Security ** See Virtual Tour** More details
    Listed by RE/MAX CROSSROADS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 310 2 Sonic Way in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12408702

    310 2 Sonic Way Flemingdon Park Toronto M3C 0P2
    Main Photo: 310 2 Sonic Way in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12408702

    310 2 Sonic Way Toronto M3C 0P2 Flemingdon Park

    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12408702
    Bedrooms:
    1
    Bathrooms:
    1
    A Bright & Modern 1-Bedroom Condo In North York. This Beautifully Designed Unit Features An Open-Concept Layout With Floor-To-Ceiling Windows, A Sleek Kitchen With Stainless Steel Appliances, A Spacious Bedroom With A Large Closet & Convenient In-Suite Laundry. Enjoy A South-Facing Balcony Brings In An Abundance Of Natural Light. The Building Offers Top-Tier Amenities Including A Rooftop Terrace, Dog-Friendly Private Park, Pet Wash Station, Yoga Room, Fully Equipped Gym, Guest Suites, Business Centre, Secure Indoor/Outdoor Bike Parking. Excellent Location Next To DVP For Fast Access To Downtown! Superstore Just Across The Street. Future Stop For New LTR, Just Minutes From The Shops At Don Mills, Restaurants For Everyday Conveniences. More details
    Listed by CENTURY 21 MYPRO REALTY
    LISTING DETAILS
    DARYL KING

  • 204 581 Avenue Road in Toronto: Yonge-St. Clair Condo Apartment for sale (Toronto C02) : MLS®# C12408892

    204 581 Avenue Road Yonge-St. Clair Toronto M4V 2K4
    Main Photo: 204 581 Avenue Road in Toronto: Yonge-St. Clair Condo Apartment for sale (Toronto C02) : MLS®# C12408892

    204 581 Avenue Road Toronto M4V 2K4 Yonge-St. Clair

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12408892
    Bedrooms:
    1
    Bathrooms:
    1
    Your Stylish City Escape at Avenue & St. ClairLooking for style, space, and the perfect neighbourhood vibe? This one-bedroom in a classic mid-century co-operative has it all and then some.From the moment you walk through the front doors, youll notice the beautifully updated lobby, where original mid-century details meet a fresh, modern aesthetic. Its a welcoming first impression that sets the tone for the entire building.The location is unbeatable: morning lattes, boutique shopping, and dinner hotspots are just around the corner, with the TTC steps away to whisk you anywhere in the city.Perched on the second floor, this bright and spacious suite feels like a hidden gem. The living and dining area flows seamlessly onto a full-length balcony, perfect for cocktails at sunset or a little container garden. The oversized bedroom is a retreat of its own, with room for a king bed and more.Part of the appeal of co-op living is the strong sense of community. Residents here take pride in their building, creating a warm and welcoming atmosphere that truly feels like home.Whether youre looking for a stylish full-time residence or the ideal pied-à-terre, this is a place that blends easy living with timeless mid-century charm, right in the heart of the city. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
    LISTING DETAILS
    DARYL KING

  • 2105 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12405796

    2105 40 Homewood Avenue Cabbagetown-South St. James Town Toronto M4Y 2K2
    Main Photo: 2105 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12405796

    2105 40 Homewood Avenue Toronto M4Y 2K2 Cabbagetown-South St. James Town

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12405796
    Bathrooms:
    1
    Welcome to this impeccably maintained building, ideally situated in a prime and highly sought-after location. This unit offers a fantastic opportunity to bring your personal vision to life. The versatile floor plan features a separate kitchen, and a generously sized balcony provides an unobstructed westerly view perfect for enjoying stunning sunsets and a peaceful cityscape. The building has recently undergone extensive updates, including tastefully renovated lobby areas, modernized hallways, and upgraded elevators, all contributing to a refreshed and contemporary living environment. Residents enjoy access to premium amenities such as a saltwater indoor pool and 24/7 security for added peace of mind. As part of the building maintenance, residents also benefit from complimentary cable TV and Wi-Fi internet, adding exceptional value and comfort. Ideally located just steps from public transit (TTC), beautiful parks, and the vibrant Village neighbourhood, this is urban living at its best. More details
    Listed by CHESTNUT PARK REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 2616 20 Tubman Avenue in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12406471

    2616 20 Tubman Avenue Regent Park Toronto M5A 0M8
    Main Photo: 2616 20 Tubman Avenue in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12406471

    2616 20 Tubman Avenue Toronto M5A 0M8 Regent Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12406471
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the Wyatt on the 26th floor where you'll wake up to sweeping west-facing views of Toronto's skyline and unwind with south-facing lake views at sunset. This 1 bed, 1 bath suite stands out with $20K in thoughtful upgrades, including wide-plank hardwood floors throughout,upgraded kitchen finishes, and designer lighting.The floor-to-ceiling windows maximize natural light, while the open layout offers flexibility and flow. The sleek kitchen features built-in stainless steel appliances, quartz countertops,and custom cabinetry. A clean, functional space for daily living or entertaining. Enjoy morning coffee or evening wine from your private balcony with uninterrupted city and lake views. Includes in-suite laundry and a locker.Located in the revitalized Regent Park community, The Wyatt delivers unmatched amenities: gym,rock climbing wall, co-working space, media lounge, pet spa, and more. Steps to transit,parks, cafes, and shops. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 811 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12406256

    811 38 Lee Centre Drive Woburn Toronto M1H 3J7
    Main Photo: 811 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12406256

    811 38 Lee Centre Drive Toronto M1H 3J7 Woburn

    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12406256
    Bedrooms:
    1
    Bathrooms:
    1
    Beautiful 1 Bedroom, 1 Bathroom Suite in The Gorgeous Ellipse 2 Building! This Lovely Modern Living Space Is Perfect For 1st Time Home Buyers Or Investors. Includes 1 Parking Space And One Oversized Locker Conveniently Located Right Behind The Parking Spot! Location Is Fantastic Steps To TTC, GO Transit, LRT, Hwy 401 And Scarborough Town Centre. Outstanding Building Amenities Include 24-h Concierge, Indoor Swimming Pool, Whirlpool, Sauna, Exercise Room, Party Room W/ Kitchen, Table Tennis, Library, Private Patios, Guest Suite And Indoor Visitor Parking. Not to be missed - this one has it ALL! More details
    Listed by RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 276 10 Eddystone Avenue in Toronto: Glenfield-Jane Heights Condo Townhouse for sale (Toronto W05) : MLS®# W12406238

    276 10 Eddystone Avenue Glenfield-Jane Heights Toronto M3N 2T2
    Main Photo: 276 10 Eddystone Avenue in Toronto: Glenfield-Jane Heights Condo Townhouse for sale (Toronto W05) : MLS®# W12406238

    276 10 Eddystone Avenue Toronto M3N 2T2 Glenfield-Jane Heights

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12406238
    Bedrooms:
    5
    Bathrooms:
    2
    A huge 5 bedroom with full 2 bathrooms condo. great investment or a first time home, Convenience location in North York right by York University. Close to all the amenities supermarkets, shopping plazas and schools, Easy access to Hwy 400 & 401, TTC stops just few steps away. Unit is over 1400 SF, has 2 Balconies, Parking space big enough for 3 cars, Ensuite laundry room More details
    Listed by CITYVIEW REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 313 80 Esther Lorrie Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12406485

    313 80 Esther Lorrie Drive West Humber-Clairville Toronto M9W 0C6
    Main Photo: 313 80 Esther Lorrie Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12406485

    313 80 Esther Lorrie Drive Toronto M9W 0C6 West Humber-Clairville

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12406485
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this bright and versatile condo located in a prime Toronto location just minutes from Highway 401, top-rated schools, Humber River Hospital, shopping centers, and the newly renovated Woodbine Casino. This well-designed unit features a functional layout with a spacious den that includes sliding doors ideal as a second bedroom or home office. Enjoy your morning coffee or evening unwind on the private balcony overlooking a quiet, peaceful setting. The building offers excellent amenities including a swimming pool, fitness center, party room, and more. Whether you're a first-time buyer, downsizer, or investor, this home offers the perfect blend of convenience, comfort, and lifestyle. Don't miss out! More details
    Listed by HOMELIFE TODAY REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 606 20 Richardson Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08) : MLS®# C12406543

    606 20 Richardson Street Waterfront Communities C8 Toronto M5A 0S6
    Main Photo: 606 20 Richardson Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08) : MLS®# C12406543

    606 20 Richardson Street Toronto M5A 0S6 Waterfront Communities C8

    $374,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12406543
    Bathrooms:
    1
    A Travelers Dream - whether you're seeking a stylish home base between adventures or a cozy retreat to recharge, this space offers the perfect blend of comfort and convenience in the heart of the City Where Urban Energy Meets Lakeside Calm. Welcome to 20 Richardson Street, asleek and modern studio condo offering over 300 sqft of intelligently designed space, ideal for jet-setters, first-time buyers, savvy investors, or anyone craving a stylish pied-a-terre in downtown Toronto. This open-concept studio is dressed in wide-plank engineered wood flooring and features a cozy and airy, open space by day. The streamlined kitchen with integrated Miele appliances flows into the living area, where clean lines meet bold design, including a custom mural of the Toronto skyline that adds a gallery-inspired edge. Floor-to-ceiling glass doors open to a Juliette balcony, blurring the boundary between indoors and out, art and architecture, city and sanctuary. Tucked between the waterfront, Sugar Beach, and the historic St. Lawrence Market, you're just steps from Union Station, TTC, George Brown College, and the Distillery District making this a true hub for exploration, work, and play. Enjoy a full suite of amenities including a fitness centre, rooftop lounge with BBQs, garden plots, party room ,guest suites, tennis & basketball courts, and even an arts & crafts studio. Locker included. Whether you're landing for a few days or settling in for more, this is downtown living with global flair. Dont miss your chance to experience the perfect blend of modern design and artistic flair. More details
    Listed by THE AGENCY
    LISTING DETAILS
    DARYL KING

  • 1423 9 Mabelle Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12406563

    1423 9 Mabelle Avenue Islington-City Centre West Toronto M9A 0E1
    Main Photo: 1423 9 Mabelle Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12406563

    1423 9 Mabelle Avenue Toronto M9A 0E1 Islington-City Centre West

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12406563
    Bathrooms:
    1
    Welcome to BloorVista by Tridel. Suite 1423 is a rare find - a studio that's spacious and functional to meet all needs. The smart south-facing layout is flooded with natural light from two oversized windows, framing lake views that make mornings a little brighter. Finishes include premium laminate floors, sleek cabinetry, granite counters, built-in appliances, and custom closet organizers that maximize storage. A locker is also included, so everything has its place. The resort-inspired amenities check every box: indoor pool, yoga studios, full fitness centre, basketball court, party lounge, games room, theatre, rooftop sundeck with BBQs, concierge, bike storage, pet wash, and visitor parking. Steps to Islington subway, with quick access to the QEW/427/401, Sherway Gardens, local shops, parks, and trails. Downtown in 20 minutes. One storage locker included. More details
    Listed by SAGE REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 250 10 Eddystone Avenue in Toronto: Glenfield-Jane Heights Condo Townhouse for sale (Toronto W05) : MLS®# W12406671

    250 10 Eddystone Avenue Glenfield-Jane Heights Toronto M3N 2T2
    Main Photo: 250 10 Eddystone Avenue in Toronto: Glenfield-Jane Heights Condo Townhouse for sale (Toronto W05) : MLS®# W12406671

    250 10 Eddystone Avenue Toronto M3N 2T2 Glenfield-Jane Heights

    $339,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12406671
    Bedrooms:
    3
    Bathrooms:
    2
    Excellent Home For First Time Buyer Or Investors. Conveniently Located Close to York University. Excellent North York Location. Close To Everything Supermarket, Shopping Plaza & Schools. Easy Access to Hwy 400 & 401 & 407. TTC Stops Just Steps Away. Priced To Sell!! More details
    Listed by RE/MAX PRESIDENT REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated September 17, 2025 at 01:15 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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