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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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  • 2203 38 FOREST MANOR Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12809788

    2203 38 FOREST MANOR Road Henry Farm Toronto M2J 0H4
    Main Photo: 2203 38 FOREST MANOR Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12809788

    2203 38 FOREST MANOR Road Toronto M2J 0H4 Henry Farm

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12809788
    Bedrooms:
    2
    Bathrooms:
    1
    A very bright and thoughtfully designed 1-bedroom + den suite located in the heart of North York's vibrant Emerald City community. This well-laid-out unit features 9-foot ceiling and a preferred square layout, offering comfortable living. The Den is large and could use as the 2nd Bedroom. This open-concept living and dining area flows seamlessly into a modern kitchen equipped with high-quality appliances, sleek cabinetry, and ample counter space. Residents enjoy underground access to FreshCo, eliminating the need to step outside for daily essentials. The building offers exceptional amenities, including a 24-hour concierge, gym, yoga studio, indoor pool, hot tub, sauna, and party rooms. Ideally located just steps away from Don Mills, TTC station, Fairview Mall, schools, parks, and a community centre, with quick access to Hwy 404, 401, and DVP. A practical and inviting home in one of Toronto's most convenient and connected neighbourhoods. The price includes 1 parking. More details
    Listed by A CLASS REALTY INC.
    LISTING DETAILS
    DARYL KING
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    please create a free account

  • 1303 65 Mutual Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12809818

    1303 65 Mutual Street Church-Yonge Corridor Toronto M5B 0E5
    Main Photo: 1303 65 Mutual Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12809818

    1303 65 Mutual Street Toronto M5B 0E5 Church-Yonge Corridor

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12809818
    Bedrooms:
    2
    Bathrooms:
    2
    Discover an exceptional opportunity with this brand new building nestled in the coveted Church-Yonge corridor! Experience an array of top-tier amenities, including a fully equipped fitness room, serene yoga studio, games and media room, and an inviting outdoor terrace with BBQ area. Enjoy the lush garden lounge, elegant dining room, versatile co-working lounge, and convenient pet wash and bike storage. Location couldn't be better-just steps away from a vibrant selection of shops, restaurants, parks, and public transit. Don't miss out on this amazing new condo near Yonge and Dundas Square. Den can be 2nd bedroom. 2 full bathrooms. Includes 1 bike storage as well More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 806 15 Torrance Road in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12808140

    806 15 Torrance Road Eglinton East Toronto M1J 3K2
    Main Photo: 806 15 Torrance Road in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12808140

    806 15 Torrance Road Toronto M1J 3K2 Eglinton East

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12808140
    Bedrooms:
    2
    Bathrooms:
    1
    A Very Bright South Facing 1+1 Condo Unit In A Very Convenient And Tranquil Location, Large Balcony With Unobstructed View. Spacious Approx 875 Sq Ft. One Parking Included, Large Ensuite Storage Locker, Separate Den Can Be A Second Bedroom, Walking To Go Train, Schools, Stores & Public Transit. Exercise Room, Outdoor Pool, Recreation Room, Sauna And Visitor Parking. Few Bus Stops To Kennedy Subway And Eglinton LRT. More details
    Listed by ROYAL DYNAMIC REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 912 90 Glen Everest Road in Toronto: Birchcliffe-Cliffside Condo Apartment for sale (Toronto E06) : MLS®# E12804638

    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®# E12804638

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

    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12804638
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome To Modern Living In The Heart Of Cliffside. This Beautifully Designed One-Bedroom Plus Den Unit, Featuring Two Full Washrooms, Offers A Light-Filled, Functional Layout. The Versatile Den Is Ideal As A Home Office Or Second Bedroom.Enjoy A Spectacular Balcony Spanning The Entire Width Of The Suite With Stunning Lake And CN Tower Views, Accessible From Both The Living Area And Primary Bedroom. Includes An Owned Parking Spot And Ensuite Laundry.Perfectly Situated Just South Of Kingston Rd, Close To The GO Station For A Quick Commute Downtown, The Beaches, Waterfront Trails, Shops, And The Bluffs. Residents Enjoy Premium Amenities Including A Fully Equipped Fitness Centre, Party Room, And Concierge. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1405 323 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12804920

    1405 323 Richmond Street E Moss Park Toronto M5A 4R3
    Main Photo: 1405 323 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12804920

    1405 323 Richmond Street E Toronto M5A 4R3 Moss Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12804920
    Bedrooms:
    1
    Bathrooms:
    1
    LOCATION! LOCATION!!! "The Richmond". One Bedroom Lower Penthouse unit, has it all. The Building Itself Is Exceptionally Well-Maintained, With 24-Hour Concierge, A Substantial Reserve Fund, And Incredible Amenities, Including A Two-Storey Gym With Basketball Court And Rooftop With Bbqs, A Hot Tub, And Stunning Views. Condo Fees Are Well Below The Neighbourhood Ave And Include 'All' Utilities. All Of This, Just A 10-Minute Walk From The Historic Distillery District, Famous St. Lawrence Market, And Yonge Street, Where You Can Find Your Shopping And Entertainment. Leaving The City? The DVP Is Just A 3-Minute Drive, Or 5 Minutes From The Gardiner Expressway. Experience City Living At Its Finest In This Unparalleled Condo! Locker steps away from the unit. More details
    Listed by HARVEY KALLES REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 2108 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12804976

    2108 40 Homewood Avenue Cabbagetown-South St. James Town Toronto M4Y 2K2
    Main Photo: 2108 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12804976

    2108 40 Homewood Avenue Toronto M4Y 2K2 Cabbagetown-South St. James Town

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12804976
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 40 Homewood Ave, Suite 2108 a large bachelor smartly converted into a functional 1-bedroom, offering a comfortable layout and excellent value in the heart of the city. Enjoy open-concept kitchen and living area with laminate flooring, plus a nicely updated 4-piece bath. Step out onto the full-width balcony and take in panoramic skyline views of Toronto.This is a solid, well-managed building with a healthy reserve fund and major upgrades completed, including windows, elevators, main entrance, exercise room, and indoor pool. Built in 1972, residents enjoy 24-hour concierge, storage locker, bike storage, and underground parking available for rent (approx. $100/month). More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 1503 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12805580

    1503 5 Massey Square Crescent Town Toronto M4C 5L6
    Main Photo: 1503 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12805580

    1503 5 Massey Square Toronto M4C 5L6 Crescent Town

    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12805580
    Bedrooms:
    1
    Bathrooms:
    1
    1st time Buyers, Down-Sizers & Investors this suite offers great VALUE. Located steps to the subway and Blue Bus Line (20 min to DT). The suite has been UPGRADED and well maintained. SPACIOUS, with room for downsizers to bring cherished treasures &/or for 1st time Buyers to GROW into. The CHEF enthusiast will love the kitchen: GE. Stainless Steel Glass Cooktop, 1 Year new LG. Stainless Fridge, S/S Hood vent, lots of counter space, cupboards and pot drawers. The open concept living area features a wall of glass, sliding doors to the large west facing balcony with views of the Toronto Skyline. The King-sized bedroom has lots of CLOSET SPACE & also offers west DT views. Hardwood floors, Large windows, Natural light, lots of CLOSETS, S/S Appliances are just a few reasons this is such a GREAT SPACE. Located minutes (on foot) to Taylor Creek Park,The Beaches, Shoppers World, Metro, Freshco, Loblaws & the shops on Danforth. Enjoy the multi MILLION dollar recreation centre: indoor swimming, gym, basketball/squash courts, sauna & more... www.crescentownclub.com Condo Fees include :Heat, Water, Hydro, & Basic Cable. This one is too good to not to see! OPen House Sunday February 22 2-4 Pm More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12806050

    2K 6 Rosebank Drive Malvern Toronto M1B 0A1
    Main Photo: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12806050

    2K 6 Rosebank Drive Toronto M1B 0A1 Malvern

    $389,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12806050
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome Home to this well-maintained 1-bedroom main floor suite in the highly desirable Markham Place Condos - ideal for first-time buyers or savvy investors. This bright, open-concept layout features a full-sized kitchen with granite countertops, stainless steel appliances, and a convenient breakfast bar. Large windows fill the space with natural light, and the main floor location offers added convenience and easy access - a feature especially attractive to tenants. Step out onto your large private balcony, perfect for morning coffee, outdoor lounging, or added entertaining space - a rare bonus that enhances both lifestyle enjoyment and rental appeal. Residents enjoy premium building amenities including a 24-hour concierge, newly renovated fitness centre, party/event room, boardroom, and games room. The unit also includes one underground parking space. Situated in a high-demand area with consistently low vacancy, this prime location is just steps to TTC transit, Highway 401, Scarborough Town Centre, Centennial College, the GO Station, and the upcoming Scarborough Subway Line - making it an excellent opportunity for both end-users and investors seeking strong rental appeal. More details
    Listed by SKYLINE MARKETING REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 208 10 Parkway Forest Drive in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12807774

    208 10 Parkway Forest Drive Henry Farm Toronto M2J 1L3
    Main Photo: 208 10 Parkway Forest Drive in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12807774

    208 10 Parkway Forest Drive Toronto M2J 1L3 Henry Farm

    $369,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12807774
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 208 at 10 Parkway Forest Drive - a well-maintained carpet-free 1-bedroom, 1-bathroom condo in a highly convenient North York location. This bright and functional suite offers a smart layout that maximizes space, making it ideal for first-time buyers, downsizers, or investors. The unit is in good condition and features comfortable living space with plenty of natural light. The kitchen provides ample cabinetry and workspace, while the open living and dining area creates an inviting atmosphere for everyday living. The spacious bedroom includes generous closet space, and the full bathroom is clean and well kept. Situated just south of Fairview Mall, you're within walking distance to the subway, parks, schools, recreation centres, and a wide range of shopping and dining options. Easy access to Highway 404 & 401 makes commuting simple and efficient. Residents enjoy excellent building amenities, including out-door pool, sauna, and exercise facilities. An excellent opportunity to own in a well-established building in a prime, transit-friendly neighbourhood. More details
    Listed by HOMELIFE NU-KEY REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 728 28 Eastern Avenue in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12804108

    728 28 Eastern Avenue Moss Park Toronto M5A 0Y2
    Main Photo: 728 28 Eastern Avenue in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12804108

    728 28 Eastern Avenue Toronto M5A 0Y2 Moss Park

    $370,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12804108
    Bathrooms:
    1
    28 Eastern delivers the perfect blend of style and convenience in downtown east's newest boutique mid-rise. This junior one-bedroom unit, facing east, is optimized for the urban city dweller. It features a modern kitchen and is complete with smooth white ceilings, offering an efficient and practical layout for city living. Enjoy unmatched accessibility with a Walk Score of 95 and Transit and Bike Scores of 100. You'll be minutes from St. Lawrence Market, The Distillery District, Canary District, The Waterfront, George Brown College, and incredible shopping, dining, and theatres. Commuting is easy with direct access to the Gardiner, DVP, TTC, and the future Corktown Subway Station. Building amenities include a 24-hour concierge, Fitness Studio, Hosting Lounge, Billiards Room, Courtyard Terrace/Private Work Pods, Bike Storage & Repair Station, Sculpture Garden, and a stunning Rooftop Terrace/Sundeck. Onsite car share is also available. Locker available for purchase. More details
    Listed by BAKER REAL ESTATE INCORPORATED
    LISTING DETAILS
    DARYL KING
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    please create a free account

  • 2113 105 The Queensway in Toronto: High Park-Swansea Condo Apartment for sale (Toronto W01) : MLS®# W12801418

    2113 105 The Queensway High Park-Swansea Toronto M6S 5B5
    Main Photo: 2113 105 The Queensway in Toronto: High Park-Swansea Condo Apartment for sale (Toronto W01) : MLS®# W12801418

    2113 105 The Queensway Toronto M6S 5B5 High Park-Swansea

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12801418
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome To 105 The Queensway - Resort-Style Living In The Heart Of Toronto's West End! This freshly painted, stunning 1-bedroom, 1-bathroom condo offers breathtaking panoramic views of High Park and Lake Ontario. Floor-to-ceiling windows flood the suite with natural light, beautifully showcasing the brand new sleek laminate flooring throughout. The modern kitchen is designed for both everyday living and entertaining, featuring granite countertops, stainless steel appliances, and ample cabinetry for optimal storage. The open-concept layout creates a bright and airy living space, perfect for relaxing while enjoying the spectacular views. Residents enjoy exceptional resort-style amenities including indoor and outdoor swimming pools, a fully equipped fitness centre, tennis courts, and more. Step outside and you're moments from scenic lakeside trails, waterfront parks, and the expansive 400 acres of High Park's trails, gardens, and recreational spaces. Live in a true "Walker's Paradise" where daily essentials are just steps away: Transit At Your Door - Immediate access to the 501 Queen streetcar and a short walk to Jane or Runnymede subway stations for an easy downtown commute. Nature At Your Doorstep - Steps to High Park and the Lake Ontario waterfront trails. Boutique Shopping & Dining - A scenic stroll to the shops and restaurants of Bloor West Village and the renowned Cheese Boutique. Healthcare Convenience - Ideally located near St. Joseph's Health Centre Experience the perfect balance of vibrant urban living and natural beauty in one of Toronto's most desirable buildings. Don't miss this exceptional opportunity! More details
    Listed by RE/MAX PROFESSIONALS INC.
    LISTING DETAILS
    DARYL KING

  • 1401 8 Tippett Road E in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12801664

    1401 8 Tippett Road E Clanton Park Toronto M3H 0E7
    Main Photo: 1401 8 Tippett Road E in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12801664

    1401 8 Tippett Road E Toronto M3H 0E7 Clanton Park

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12801664
    Bedrooms:
    1
    Bathrooms:
    1
    Bright and well-laid-out 1-bedroom, 1-bathroom condo offering 499 sq ft of functional living space. This north-facing unit features an open-concept layout with large windows that provide plenty of natural light. The modern kitchen flows seamlessly into the living and dining area, maximizing space and comfort. The bedroom offers good closet space, and the unit includes 1 storage locker for added convenience. No parking included. A great opportunity for first-time buyers or investors! More details
    Listed by ORIGIN COLLECTIVE 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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