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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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  • 518 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12603210

    518 170 Sumach Street Regent Park Toronto M5A 0C3
    Main Photo: 518 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12603210

    518 170 Sumach Street Toronto M5A 0C3 Regent Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12603210
    Bedrooms:
    1
    Bathrooms:
    1
    The perfect blend of style, comfort, and outdoor space, this unique one-bedroom is priced to sell! With a bright, south facing exposure, you'll bask in natural sunlight all day long. Enjoy your spacious private terrace the perfect spot for morning coffee, evening cocktails, or simply soaking up the sun. In the vibrant East End of Toronto, this condo is the perfect place for anyone seeking a modern, city lifestyle with a touch of tranquility. This well designed space has beautiful finishes, brand new floors, a spacious bathroom, and gorgeous outdoor space steps away from TTC, Grocery, Recreation Centre, The Hwy and Water. The unit is conveniently located 1 floor above the buildings amenities and the same floor as the shared garden. Locker on same floor as unit. More details
    Listed by ROYAL LEPAGE CONNECT REALTY
    LISTING DETAILS
    DARYL KING

  • 107 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12603288

    107 100 Dundalk Drive Dorset Park Toronto M1P 4V2
    Main Photo: 107 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12603288

    107 100 Dundalk Drive Toronto M1P 4V2 Dorset Park

    $380,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12603288
    Bedrooms:
    2
    Bathrooms:
    1
    Convenient Location At Kennedy S/401! 2Br 1 Bth South Facing Garden Suite W/Fenced Terrace, Which Has Private Walk-In Entry With Your Own Sunny Front Yard *Direct Entry From Street Or Via Lobby! * Bright Living / Dining Rooms, Ample Closet, Large Galley Kitchen, Practical & Open Concept Layout, Easy Access To All Amenities! Move Right In+Enjoy! More details
    Listed by HC REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 2412 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12603400

    2412 197 Yonge Street Church-Yonge Corridor Toronto M5B 1M4
    Main Photo: 2412 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12603400

    2412 197 Yonge Street Toronto M5B 1M4 Church-Yonge Corridor

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12603400
    Bathrooms:
    1
    Welcome to urban living redefined at 197 Yonge St, Suite 2412 - a bright, modern studio designed for those who want to live steps from the best of downtown Toronto. Perched on a high floor with sweeping city views, this sleek unit features 9' ceilings, floor-to-ceiling windows, a contemporary kitchen with quartz countertops, and a well-planned layout that maximizes both living and sleeping space.Perfect for young professionals, students, or investors, this residence sits directly across from the Eaton Centre and Yonge-Dundas Square, with instant access to the Queen Subway, the Financial District, Toronto Metropolitan University, U of T, St. Michael's Hospital, and endless dining, shopping, and entertainment.Live in one of Toronto's most iconic towers and enjoy top-tier amenities including a 24-hour concierge, rooftop lounge, garden terrace, guest suites, and more. Whether you're seeking a stylish downtown home or a high-demand rental investment, Suite 2412 delivers unmatched convenience, energy, and lifestyle in the heart of the city. More details
    Listed by REVEL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1412 18 Yonge Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12603752

    1412 18 Yonge Street Waterfront Communities C1 Toronto M5E 1R4
    Main Photo: 1412 18 Yonge Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12603752

    1412 18 Yonge Street Toronto M5E 1R4 Waterfront Communities C1

    $355,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12603752
    Bathrooms:
    1
    Stunning, bright, and spacious studio with South lake views. Enjoy natural light all day, and direct access to the Gardiner Expressway the moment you exit the building. Located steps from the waterfront, Union Station, and Toronto's core, this home offers an unbeatable balance of convenience and serenity. Walking distance to the Yonge Subway, Harbourfront, Financial District, Entertainment District, and Cultural District. Building features include 24-hour concierge, an indoor pool with whirlpool, sauna, and a fully equipped exercise facility.Includes: Fridge, stove, built-in microwave, built-in dishwasher, washer & dryer, and all existing light fixtures. Unit will feature fresh paint before possession. More details
    Listed by DOLPHIN REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1119 38 Monte Kwinter Court in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12600306

    1119 38 Monte Kwinter Court Clanton Park Toronto M3H 0E2
    Main Photo: 1119 38 Monte Kwinter Court in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12600306

    1119 38 Monte Kwinter Court Toronto M3H 0E2 Clanton Park

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12600306
    Bedrooms:
    1
    Bathrooms:
    1
    Discover the comfort and convenience of Suite 1119 at 38 Monte Kwinter Court. This inviting 1 bedroom home features an airy open concept layout with modern laminate flooring and a stylish kitchen complete with stainless steel appliances and plenty of storage. Relax on your private balcony, enjoy the ease of in-suite laundry, and take advantage of fantastic building amenities, including 24/7 concierge service, a fully equipped gym, a party room, and an outdoor BBQ area. Perfectly located just steps from Wilson Subway Station, you'll have effortless access to Yorkdale Mall, Downsview Costco, Home Depot, and Best Buy, and Highway 401. A wonderful opportunity to enjoy modern living in a friendly, transit accessible neighbourhood. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1607 388 Bloor Street E in Toronto: Rosedale-Moore Park Condo Apartment for sale (Toronto C09) : MLS®# C12601084

    1607 388 Bloor Street E Rosedale-Moore Park Toronto M4W 3W9
    Main Photo: 1607 388 Bloor Street E in Toronto: Rosedale-Moore Park Condo Apartment for sale (Toronto C09) : MLS®# C12601084

    1607 388 Bloor Street E Toronto M4W 3W9 Rosedale-Moore Park

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12601084
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the Rosedale Ravine Residences, just steps from Sherbourne Subway line, Yorkville, U of T, TMU, and the Yonge & Bloor, all while backing onto the peaceful Rosedale Ravine. This bright, south-facing suite offers over 600 sq ft of open living space filled with natural light through its floor-to-ceiling windows. Your maintenance fees cover ALL UTILITIES including Heat, A/C, Hydro, and Water, allowing for truly worry-free living. Enjoy a full range of amenities including a gym, sauna, lounge, party room, guest suite and 24-hour concierge service. Commuters, you will love the convenience of being just minutes from the Don Valley Parkway (DVP) via Bloor St E, providing quick access to downtown or north to the 401 - a rare feature for such a central downtown location. Imagine mornings jogging or biking through the Rosedale Ravine, afternoons exploring Yorkvilles boutiques or cafes, and evenings dining at Eataly or one of Bloor Streets many acclaimed restaurants, all just steps from your front door. Whether you're a first-time buyer, investor, or a down-sizer, this home offers the perfect blend of comfort, convenience, and lifestyle. Experience one of Torontos most sought-after neighbourhoods, where urban living meets natural tranquility. Welcome Home. *** Lots of parking spots available for rent!*** More details
    Listed by KINGSWAY REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • 79 9 Windermere Avenue in Toronto: High Park-Swansea Condo Townhouse for sale (Toronto W01) : MLS®# W12602236

    79 9 Windermere Avenue High Park-Swansea Toronto M6S 5A4
    Main Photo: 79 9 Windermere Avenue in Toronto: High Park-Swansea Condo Townhouse for sale (Toronto W01) : MLS®# W12602236

    79 9 Windermere Avenue Toronto M6S 5A4 High Park-Swansea

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12602236
    Bedrooms:
    1
    Bathrooms:
    1
    Location, Location, Location! Welcome to Windermere by the Lake a cozy, spotless one-bedroom condo in the heart of Swansea, one of Torontos most sought-after communities. Perfect for first-time buyers or savvy investors looking for a turnkey, low-maintenance rental in a high-demand area. This chic suite features a Juliette balcony, sleek stainless steel appliances, a modern white kitchen with subway tile backsplash, and durable laminate floors throughout. The bright and inviting living space leads to the bedroom separated by contemporary glass panels and is complemented by a stylish 4-piece en-suite bathroom and the convenience of in-suite laundry. Enjoy being just seconds from the 24-hour TTC streetcar, with the city core only minutes away. You're surrounded by shops, cafes, restaurants, beaches, trails, High Park, Sunnyside Park, Lake Ontario, and Bloor West Village. Plus, quick highway and airport access make this location second to none. Take advantage of premium, hotel-inspired amenities, including an indoor pool, sauna, fitness centre, billiards room, and even virtual golf. Walk to the water. Bike to downtown. Live the lifestyle. Priced to sell! Some photos have been virtually staged. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    LISTING DETAILS
    DARYL KING

  • 2410 318 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12601118

    2410 318 Richmond Street W Waterfront Communities C1 Toronto M5V 1X2
    Main Photo: 2410 318 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12601118

    2410 318 Richmond Street W Toronto M5V 1X2 Waterfront Communities C1

    $369,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12601118
    Bathrooms:
    1
    A bold and modern landmark in Toronto's vibrant Entertainment District, this stylish studio suite features an efficient open-concept layout with high-end finishes throughout. Enjoy a sleek contemporary kitchen with built-in appliances, modern cabinetry, and a functional living space that maximizes every square foot. .Residents enjoy exceptional amenities including a state-of-the-art fitness centre, party room, recreation lounge, and 24-hour concierge service. Located just steps from transit, world-class restaurants, theatres, shops, and the Financial District, Picasso on Richmond offers the perfect blend of comfort, convenience, and urban sophistication. More details
    Listed by HOMELIFE NEW WORLD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 726 60 St. Patrick Street in Toronto: Kensington-Chinatown Condo Apartment for sale (Toronto C01) : MLS®# C12596618

    726 60 St. Patrick Street Kensington-Chinatown Toronto M5T 2X5
    Main Photo: 726 60 St. Patrick Street in Toronto: Kensington-Chinatown Condo Apartment for sale (Toronto C01) : MLS®# C12596618

    726 60 St. Patrick Street Toronto M5T 2X5 Kensington-Chinatown

    $335,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12596618
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Village by the Grange at 60 St. Patrick St.. This sun-filled, cozy 1-bedroom end unit features an open-concept living space that offers both comfort and ease of living. Enjoy a desirable south/west-facing view overlooking the courtyard, outdoor pool, CN Tower and City Skyline. Nestled in the heart of downtown on a quiet street, this condo offers the perfect blend of urban convenience and peaceful living. Everything is at your fingertips with quick access to numerous hospitals, the subway, OCAD University, the AGO, the University of Toronto, Eaton Centre, countless restaurants, and premium shopping destinations. Maintenance fees include all utilities and cable, simplifying your monthly expenses. This well-managed complex provides exceptional amenities, including a beautiful outdoor lounge and pool, a fully equipped gym, with Sauna, Games Room and a spacious Library. Perfect for renters looking to start owning-or for investors seeking an ideal opportunity to buy in the city. Don't miss your chance to experience the best of downtown living in a space that offers comfort, convenience, and unbeatable value. More details
    Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
    LISTING DETAILS
    DARYL KING

  • 3006 318 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12597096

    3006 318 Richmond Street W Waterfront Communities C1 Toronto M5V 0B4
    Main Photo: 3006 318 Richmond Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12597096

    3006 318 Richmond Street W Toronto M5V 0B4 Waterfront Communities C1

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12597096
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Picasso on Richmond! This luxurious and bright south-facing 1+1 residence sits high above the city in the heart of Toronto's Financial and Entertainment Districts, offering a highly functional layout with a spacious den perfect for a home office. Floor-to-ceiling windows fill the open-concept living and kitchen area with abundant natural light, leading to an open balcony with clear, unobstructed views. This unit also features a rare, private same-floor locker, a unique convenience in the building. With an unbeatable Walk Score, you are just minutes to King & Queen St W, top restaurants, cafés, the PATH, TTC streetcar, CN Tower, Rogers Centre, Fashion District, and every downtown attraction. Enjoy premium building amenities including 24-hour concierge, yoga & pilates studio, spa facilities, media room, billiards room, sauna, and a fully equipped fitness centre-perfect for end-users and investors seeking a modern, bright, and exceptionally located home in one of Toronto's most iconic buildings. A must see ! More details
    Listed by TOP ASSETS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1204 50 Brian Harrison Way in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12597058

    1204 50 Brian Harrison Way Bendale Toronto M1P 5J4
    Main Photo: 1204 50 Brian Harrison Way in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12597058

    1204 50 Brian Harrison Way Toronto M1P 5J4 Bendale

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12597058
    Bedrooms:
    2
    Bathrooms:
    2
    Exceptional Luxury Monarch Condo In The Heart Of Scarborough. This Exquisite Two-Bedroom,Two-Full-Bathroom Corner Suite Features A Functional Split Bedroom Layout For Enhanced Privacy. It Boasts Breathtaking, Unobstructed Views And Ample Natural Light. Entire Unit Is Freshly Painted, Lighting Fixture All Brand New. Prime Location Provides Direct Access To Scarborough Town Centre, Subway, Megabus, And PublicTransportation. Within Minutes, You'll Find The 401, Civic Centre, YMCA, Public Library, Parks, And Centennial College. Additionally, A Direct Bus Line To U of T Scarborough Is Conveniently Located Nearby. Proximity To Numerous Shopping, Dining, And Recreational Facilities Ensures A Lifestyle Of Comfort, Convenience, And Sophistication.The Condominium Boasts An Array Of Recreational Facilities, Including A 24-Hour Security System, A Gym, An Indoor Pool, A Steam Room, A Mini-Theatre, A Party Room, Guest Suites, And Ample Visitor Parking. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 61 188-200 Cumberland Street in Toronto: Annex Condo for sale (Toronto C02) : MLS®# C12597716

    61 188-200 Cumberland Street Annex Toronto M5R 0B6
    Main Photo: 61 188-200 Cumberland Street in Toronto: Annex Condo for sale (Toronto C02) : MLS®# C12597716

    61 188-200 Cumberland Street Toronto M5R 0B6 Annex

    $150,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12597716
    Deeded Underground Parking Space with Professional Valet Parking Service. Easy To Drive In and Out. Steps away from Elevator. Purchaser must be an Owner of 188 and 200 Cumberland St. More details
    Listed by ROYAL LEPAGE FRANK REAL ESTATE
    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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