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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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  • 906 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12490240

    906 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: 906 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12490240

    906 3050 Ellesmere Road Toronto M1E 5E6 Morningside

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12490240
    Bedrooms:
    3
    Bathrooms:
    2
    Discover comfort and convenience in this newly renovated, 1246 square 2-Bedroor + Den, 2-Bathroom condo perfectly situated across from the University of Toronto Scarborough campus and all other essential neighbourhood amenities. Included in the sale is 1 underground parking space and 3 storage lockers. Whether you're a first-time buyer, downsizer, or savvy investor, this unit offers incredible value in a well-managed building. Step inside and enjoy a functional layout with generous room sizes and an open-concept living and dining area flooded with natural light. The primary bedroom features 2 closets and an ensuite bath for added privacy. Enjoy peaceful views, or take advantage of building amenities including a gym, indoor pool, tennis court, party room, and 24-hour security. Bonus: All-inclusive maintenance fees cover your heat, hydro, water! With TTC at your door, minutes to Centennial College, grocery stores, parks, and highway access, this location truly has it all. 3050 Ellesmere Rd is the space you need, the location you want, and the lifestyle you deserve. More details
    Listed by HOMEWISE REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • 907 600 Rexdale Boulevard in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12490310

    907 600 Rexdale Boulevard West Humber-Clairville Toronto M9W 6T4
    Main Photo: 907 600 Rexdale Boulevard in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12490310

    907 600 Rexdale Boulevard Toronto M9W 6T4 West Humber-Clairville

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12490310
    Bedrooms:
    2
    Bathrooms:
    1
    Freshly painted , beautifully designed 1-Bedroom plus Den condo, perfectly combining comfort, style, and natural beauty... Enjoy Stunning ravine views , offering a peaceful escape right at home...Open-concept layout with floor-to-ceiling windows that flood the space with natural light.... Nice sized kitchen boasts sleek cabinetry and stainless steel appliances - perfect for both everyday living and entertaining. The primary bedroom offers generous closet space , while the den provides a versatile area ideal for a home office, guest room, or creative space.... Additional highlights include in-suite laundry and underground parking..... The building offers first-class amenities such as a fitness centre, outdoor pool, visitor parking, Sauna, Recreation Room & Security System..... Located in a sought-after community surrounded by walking trails, parks, shopping, and transit , this condo offers the perfect balance of urban convenience and natural beauty. More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 1109 2015 Sheppard Avenue E in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12490654

    1109 2015 Sheppard Avenue E Henry Farm Toronto M2J 0B3
    Main Photo: 1109 2015 Sheppard Avenue E in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12490654

    1109 2015 Sheppard Avenue E Toronto M2J 0B3 Henry Farm

    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12490654
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Ultra at Heron's Hill, where unbeatable value meets modern design in this bright and functional corner condo suite. Offering 1 oversized bedroom with a huge closet, and a large, functional den that can easily serve as a 2nd bedroom or home office, this exceptional condo is sure to impress! Boasting 655 sq ft of thoughtfully designed living space plus an awe-inspiring 90 sq ft totally private balcony with impressive sunrise views, this condo provides the style, comfort and convenience that you're searching for. // In suite features include stylish light coloured laminate flooring throughout, and a contemporary kitchen with granite countertops, a subway tile backsplash, stainless steel appliances, awning-style modern cabinets, track lighting, and extra built-in cabinetry for added storage. The spa-inspired bathroom is enhanced with a tub, rainshower faucet, extra shelving, custom light fixture and a sleek Orren Ellis LED mirror with integrated defogger. // Enjoy a lock-and-go lifestyle with resort-style amenities including a fitness centre, indoor pool, whirlpool, sauna, yoga studio, theatre room, party room, terrace with bbq's, 2 guest suites, and a friendly 24-hour concierge. With one owned parking space, a storage locker, and an unbeatable location just steps to Fairview Mall (400 meters), dining, and everyday essentials, plus quick access to Don Mills Subway (750 meters) and highways 401/404/DVP, this home offers the perfect blend of style, convenience, and maintenance-free living. Low monthly fees include Gas & Water. 2 pets per unit permitted (max 1 dog More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 213 70 Alexander Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12487114

    213 70 Alexander Street Church-Yonge Corridor Toronto M4Y 3B6
    Main Photo: 213 70 Alexander Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12487114

    213 70 Alexander Street Toronto M4Y 3B6 Church-Yonge Corridor

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12487114
    Bedrooms:
    1
    Bathrooms:
    1
    Attention renovators & first time buyers or those looking to create their perfect starter home! Unit 213 at the Alexus is a blank canvas for you to put your own spin on a fantastic condo in the city featuring a private 241sqft terrace, 615sqft of interior space with a terrific floor plan and literal steps to Yonge subway, UofT, TMU, The Village and the flagship Loblaws in the historic MapleLeaf Gardens building. This quiet, boutique building is a true gem in a city full of poorly run large towers with small floor plans. Never wait for an elevator again. Amenities include a fantasic rooftop garden with hot tub, BBQ's & guest suite. At $600/sqft this won't last long and is a great opportunity to build some equity before it's too late. More details
    Listed by SAGE REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 1109 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12488630

    1109 3 Marine Parade Drive Mimico Toronto M8V 3Z5
    Main Photo: 1109 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12488630

    1109 3 Marine Parade Drive Toronto M8V 3Z5 Mimico

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12488630
    Bedrooms:
    1
    Bathrooms:
    1
    Hearthstone by the Bay. Retirement Living at its Finest! Lower Monthly Costs Than a Retirement Home! Privacy Of Your Own Condo with Curated Services Tailored to Your Needs! Spacious, Well Maintained 733 Sq. Ft. One Bedroom with Den and Sun Filled Sunroom with Partial Lake Views. Open Concept Living and Dining Space. Freshly Painted Throughout with Ample Storage and Large Separate Locker. Mandatory Service Package Includes: 24 Hour Concierge Service, Security System, 24Hour On-Site Nurse, Exercise Room, Fitness Classes, Wellness Programs, Social Activities, Dining Room and Pub Credits for Chef Inspired Meals, Housekeeping Credit, Indoor Therapeutic Lap Pool, Gym, Movie Theater, Library, Billiard Lounge, Outdoor Terraces, Shuttle Services to Nearby Shopping and Local Amenities and So Much More! Enjoy a Wonderful Condominium Community, with Daily Social Gatherings and Amazing Amenities. Minutes to Downtown Toronto, Humber Bay Shores, Waterfront Trails and Parks, Waterfront Cafes and Restaurants, Metro and Public Transit. A "One of a Kind", Premier Retirement Residence in the GTA! Mandatory Service Package ($2,173.59 + HST Monthly). An Additional $265.06 + HST Monthly For a Second Occupant. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    LISTING DETAILS
    DARYL KING

  • 608 335 Driftwood Avenue in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12484859

    608 335 Driftwood Avenue Black Creek Toronto M3N 2P3
    Main Photo: 608 335 Driftwood Avenue in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12484859

    608 335 Driftwood Avenue Toronto M3N 2P3 Black Creek

    $329,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12484859
    Bedrooms:
    2
    Bathrooms:
    1
    Spacious and Bright Apartment! This well-kept apartment offers a large open-concept layout filled with natural light. Includes a full-size laundry room that can also serve as a den or storage area. Conveniently located steps from the bus stop and York University, and close to all amenities -library, shopping plaza, mall, and Highways 400 & 404.Move-in ready and ideal for first-time buyers or investors. Low maintenance fees make it an excellent and affordable opportunity to own rather than rent. More details
    Listed by RE/MAX EXPERTS
    LISTING DETAILS
    DARYL KING

  • 1307 81 Wellesley Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12484988

    1307 81 Wellesley Street E Church-Yonge Corridor Toronto M4Y 0C5
    Main Photo: 1307 81 Wellesley Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12484988

    1307 81 Wellesley Street E Toronto M4Y 0C5 Church-Yonge Corridor

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12484988
    Bedrooms:
    1
    Bathrooms:
    1
    Brand New 28-storey building above the Church-Wellesley Village in downtown Toronto. Sophisticated addition to a vibrant neighbourhood. Outdoor and retail spaces were designed to encourage interaction. 3 minutes walk to subway and 10 minutes walk to UT. 9 Ft smooth ceiling.Open concept kitchen with built in appliances. Front Load Washer/Dryer. Fully tiled bathroom and wall-mount toilet. Spacious Balcony with a gas line. More details
    Listed by SMART SOLD REALTY
    LISTING DETAILS
    DARYL KING

  • 305 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12486032

    305 234 Albion Road Elms-Old Rexdale Toronto M9W 6A5
    Main Photo: 305 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12486032

    305 234 Albion Road Toronto M9W 6A5 Elms-Old Rexdale

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12486032
    Bedrooms:
    3
    Bathrooms:
    2
    Discover one of Toronto's best-kept secrets at 234 Albion Road. This bright and functional 3-bedroom, 2-bathroom condo offers over 1,200 sq. ft. of comfortable living - all at a price that's nearly impossible to find in the city! Enjoy an open-concept layout with a private balcony, 1 parking space, and all-inclusive maintenance fees covering heat, hydro, water, A/C, building insurance, and common elements - no surprises, just simplicity. The well-managed, pet-friendly building features an impressive list of amenities: outdoor pool, gym, sauna, party room, meeting room, and 24/7 security. Perfect for families, professionals, or investors looking for a turnkey opportunity in a rapidly growing pocket of Toronto.Location couldn't be better - just a 2-minute walk to TTC transit, and moments to Highways 401, 400, and 427 for seamless access across the GTA. Surrounded by green space and recreation with Pine Point Park & Arena, Louise Russo Park, Acacia Park, playgrounds, splash pads, trails, and sports courts all within walking distance.Top-rated schools, French-language programs, and nearby essentials like Humber River Hospital, fire station, and police division make this a complete package for comfort, convenience, and peace of mind. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 1812 400 McLevin Avenue in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12486231

    1812 400 McLevin Avenue Malvern Toronto M1B 5J4
    Main Photo: 1812 400 McLevin Avenue in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12486231

    1812 400 McLevin Avenue Toronto M1B 5J4 Malvern

    $348,800
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12486231
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Mayfair on the Green. This spacious and bright 1-bedroom, 1-bathroom condo offers functionality and comfort, large windows and a private balcony with spectacular views. Unwind with a beverage as you enjoy the evening sunset. An underground parking spot and locker are included, plus fantastic amenities and 24/7 security. This unit is perfect for the first time buyer, for those downsizing or investors. Youll be minutes away from Malvern Mall, medical buildings, UofT, parks, transit and more. Unit is 665 sq fl with balcony of 61 sq ft More details
    Listed by ROYAL LEPAGE FRANK REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • 201 735 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12486432

    201 735 Don Mills Road Flemingdon Park Toronto M3C 1S9
    Main Photo: 201 735 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12486432

    201 735 Don Mills Road Toronto M3C 1S9 Flemingdon Park

    $388,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12486432
    Bedrooms:
    1
    Bathrooms:
    1
    Introducing suite 201 at 735 Don Mills Road, a beautifully renovated 1-bedroom, 1-bathroom condo in Toronto's vibrant Flemingdon Park neighbourhood. This freshly repainted unit features new flooring throughout, a modern kitchen with a stylish backsplash and ceramic tile, and a contemporary bathroom. Large windows fill the space with natural light, creating a bright and inviting atmosphere. All utilities, internet, and cable TV are included in the maintenance fees, providing exceptional value and convenience. The well-managed building offers excellent amenities including an indoor pool, gym, sauna, and 24-hour security. Ideally located near the Aga Khan Museum, Loblaws Superstore, and with TTC access right at your doorstep, this home offers both comfort and connectivity in a prime location. More details
    Listed by ROYAL TEAM REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 707 335 Driftwood Avenue in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12486483

    707 335 Driftwood Avenue Black Creek Toronto M3N 2P3
    Main Photo: 707 335 Driftwood Avenue in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12486483

    707 335 Driftwood Avenue Toronto M3N 2P3 Black Creek

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12486483
    Bedrooms:
    2
    Bathrooms:
    1
    Beautifully renovated and move-in-ready condo offering incredible value and convenience! This bright and spacious 2-bedroom, 1-bathroom unit boasts over 900 sqft of stylish living space in a well-maintained mid-rise building. hardwood flooring, updated bathrooms, and fresh paint throughout, this home is ready for you to enjoy.Step into a large living/dining area with big windows and an open balcony offering unobstructed park and ravine views-perfect for your morning coffee. The oversized parking space fits 2 cars.Conveniently located with TTC and the upcoming Finch LRT at your doorstep, you're just minutes from York University, schools, shopping malls, grocery stores, and restaurants. Whether you're a first-time buyer looking for an affordable entry into the market or an investor seeking strong rental potential, this condo is a must-see! Book your showing today! More details
    Listed by MASTER`S TRUST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2001 1 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12485615

    2001 1 Massey Square Crescent Town Toronto M4C 5L4
    Main Photo: 2001 1 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12485615

    2001 1 Massey Square Toronto M4C 5L4 Crescent Town

    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12485615
    Bedrooms:
    2
    Bathrooms:
    1
    Motivated Seller!Nestled in Crescent Town, this fully renovated 2-bedroom condo at 1 Massey Square offers modern upgrades and great value. Located on a higher floor, it features bright, open living with new engineered vinyl flooring, a stylish kitchen with quartz countertops, stainless steel appliances, extended cabinetry, and a sleek backsplash. Enjoy an updated washroom, pot lights, and convenient in-suite laundry.Residents have access to top amenities including a gym, indoor pool, sauna, basketball and squash courts, and 24-hour security. Just steps from Victoria Park Subway Station, schools, daycares, parks, clinics, and shopping-only 20 minutes from downtown Toronto. // Fees:$673 Annual Fee: Includes appliance usage (dishwasher, washer, dryer, 2 lockers). Fee can be reduced if lockers aren't needed.// $867 Monthly Fee: Includes hydro, water, heat, cable, common area maintenance, free community center membership, and 1 parking spot. Fee can be reduced if parking isn't required.Additional perks include 60% off Bell Internet and access to both ensuite laundry and the building's shared laundry room.Currently no A/C unit installed (a small annual fee applies if added).A move-in ready gem in a vibrant, family-friendly neighborhood! More details
    Listed by KELLER WILLIAMS LEGACIES REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated October 30, 2025 at 05:15 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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