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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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  • 304 123 Woodbine Avenue in Toronto: The Beaches Condo Apartment for sale (Toronto E02) : MLS®# E12682852

    304 123 Woodbine Avenue The Beaches Toronto M4L 3V8
    Main Photo: 304 123 Woodbine Avenue in Toronto: The Beaches Condo Apartment for sale (Toronto E02) : MLS®# E12682852

    304 123 Woodbine Avenue Toronto M4L 3V8 The Beaches

    $360,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12682852
    Bathrooms:
    1
    Prime Beaches Location! Great building with low maintenance fees. Steps to Shops on Queen East, Steps to the Boardwalk. Easy access to TTC and downtown. Great Opportunity for handyman or those looking to invest. Needs TLC. All original interior. More details
    Listed by ROYAL LEPAGE ESTATE REALTY
    LISTING DETAILS
    DARYL KING

  • 18 2697 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12682892

    18 2697 Lake Shore Boulevard W Mimico Toronto M8V 1G6
    Main Photo: 18 2697 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12682892

    18 2697 Lake Shore Boulevard W Toronto M8V 1G6 Mimico

    $330,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12682892
    Bedrooms:
    2
    Bathrooms:
    1
    You cannot beat the location of this wonderful Co-operative condo with direct waterfront access in to the lake in the heart of Mimico! Spacious and well laid out 2 bedroom unit with all expenses even property taxes included in maintenance fees This Beautiful 2 Bedroom. Landscaped Backyard with pool is like an oasis in the city. Cottage tranquility with city amenities. Close To TTC, Highways, ,Shopping Parks And More! Please Note That This Is A Co-operative Apartment and Not A Condominium. More details
    Listed by MANOR HILL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 405 5 San Romanoway in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12679584

    405 5 San Romanoway Black Creek Toronto M3N 2Y4
    Main Photo: 405 5 San Romanoway in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12679584

    405 5 San Romanoway Toronto M3N 2Y4 Black Creek

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12679584
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this bright and inviting 2-BR, 2-WR condo unit, boasting 1,122SF of living space. The primary BR features a convenient 2-piece ensuite, ensuring your personal sanctuary is always within reach. An abundance of natural light fills the space, creating a warm and welcoming atmosphere throughout the unit. The open-concept dining and living areas are perfect for both relaxation and entertaining. From the living room, step out onto the balcony and enjoy a breath of fresh air or your morning coffee. The seamless indoor-outdoor flow makes this home ideal for hosting gatherings or simply unwinding after a long day. Location is key, and this condo is perfectly situated close to schools, parks, shopping and public transportation (Jane-Finch LRT just steps away). Additionally, its just minutes away from major Hwys 400/401/407, providing easy access to all that the city has to offer. This unit offers a fantastic investment opportunity to personalize and make your own. More details
    Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • #802 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12679722

    #802 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: #802 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12679722

    #802 3050 Ellesmere Road Toronto M1E 5E6 Morningside

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12679722
    Bedrooms:
    2
    Bathrooms:
    2
    This spacious 2-bedroom and 2-bathroom unit is the perfect opportunity for anyone looking to enter the market! Excellent floor plan for a young family or a work-from-home setup. All utilities are included in the maintenance fees, making for easy budgeting for first-time buyers or investors. Proximity to the University of Toronto Scarborough and Centennial College provides a solid rental pool of candidates! Commuter-friendly spot provides ample transit options, quick 401 access, and 5 minutes to GO trains. Enjoy being surrounded by greenspace and nature trails while still being able to have fast access to groceries, restaurants, and the amenities that make day-to-day living easier. The building offers security, sauna, gym, pool and more. Welcome Home More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 101 25 Neighbourhood Lane in Toronto: Stonegate-Queensway Condo Apartment for sale (Toronto W07) : MLS®# W12680648

    101 25 Neighbourhood Lane Stonegate-Queensway Toronto M6P 1Z9
    Main Photo: 101 25 Neighbourhood Lane in Toronto: Stonegate-Queensway Condo Apartment for sale (Toronto W07) : MLS®# W12680648

    101 25 Neighbourhood Lane Toronto M6P 1Z9 Stonegate-Queensway

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12680648
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this gorgeous terraced unit at the desirable Backyard Condos, conveniently located just north of the Queensway. Enter either via the front lobby with concierge, or directly to your unit from the courtyard through your beautiful private terrace, giving it a townhouse feel. Perfect patio space for quiet enjoyment with a coffee, to hop on your bike or take the dog for a quick walk. Ideal for a home cook, upgraded chef's kitchen with large island, beautifully custom shaker cabinets and stainless appliances. Comfortable living room overlooks green space while feeling private. Bedroom features large walk in closet. High ceilings throughout, ensuite laundry, parking and locker. Building features gym, dog grooming area, children's play room, party room. Right next door is a convenience store, pharmacy and health care centre, with Bell Manor Park up the road. Only an 8 minute bike ride to the Martin Goodman Trail taking you right into the city's core. Nearby you'll find easy access to TTC, Sobeys, lots of dining options and a short distance to the lake. Perfect for either a first time buyer or investor, this well maintained unit is a blend of urban sophistication offering a great city lifestyle in a quiet community setting. More details
    Listed by SUTTON GROUP OLD MILL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1612 410 Mclevin Avenue in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12681320

    1612 410 Mclevin Avenue Malvern Toronto M1B 5J5

    1612 410 Mclevin Avenue Toronto M1B 5J5 Malvern

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12681320
    Bedrooms:
    1
    Bathrooms:
    1
    Wow, So Beautiful Unobstructed South Views of Lake and Downtown/CN Tower. Best Layout. So Many Upgrades: Brand New SS Fridge, SSStove, SS Range Hood. New Kitchen Counter Top With Single Sink and New Faucet. New Vanity Counter and New Sink and New Faucet. Very Well Maintain Unit. All New Light Fixtures. Ensuite Laundry. Central Air Conditioner, Gated Community With 24 Hours Security. Amenities, Steps To Shopping , TTC, Schools, Church, One Underground Parking Space and One Locker Included. More details
    Listed by REAL ONE REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1306 61 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12681734

    1306 61 Town Centre Court Bendale Toronto M1P 5C5
    Main Photo: 1306 61 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12681734

    1306 61 Town Centre Court Toronto M1P 5C5 Bendale

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12681734
    Bedrooms:
    1
    Bathrooms:
    1
    Immaculate 1 bdrm condo apartment in Tridel "Forest Vista". Suite with an unobstruted view. Excellent layout with open concept. \kitchen with granite counter top, backsplash, ensuite laundry. One parking spot. Maintance fee include Hydro, gas and water. Amenities include gym, indoor pool, game room, 24-hours concierge and security.Backing to green belt. Steps to subway station, TTC, YMCA, Frederal/Municipal Service Centre, Scarborough Town Centre, College, Hwy 401. Good opportunity to own a prime location! Motivated seller, priced for quick sale. More details
    Listed by TRUSTWELL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • PH01 2721 Victoria Park Avenue in Toronto: L'Amoreaux Condo Apartment for sale (Toronto E05) : MLS®# E12682058

    PH01 2721 Victoria Park Avenue L'Amoreaux Toronto M1T 3N6
    Main Photo: PH01 2721 Victoria Park Avenue in Toronto: L'Amoreaux Condo Apartment for sale (Toronto E05) : MLS®# E12682058

    PH01 2721 Victoria Park Avenue Toronto M1T 3N6 L'Amoreaux

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12682058
    Bedrooms:
    2
    Bathrooms:
    1
    !! LOCATONI!! LOCATION!! Bright and spacious penthouse in prime location. Functional living space with an open concept. ideally situated at Sheppard and Victoria Park. 24 hrs TTC lines. Quiet and well maintained building. Close to TTC, shopping, school, 401 & 404, doctors, park, Fairview mall, restaurants. Maintenance fee covers everything. Well maintained unit. Very quiet condo building. Fantastic opportunity to own this penthouse unit in a great location. One of the lowest price 2 bdrms penthouse in the area. Motivated seller. More details
    Listed by RE/MAX CROSSROADS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 321 31 Tippett Road in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12674604

    321 31 Tippett Road Clanton Park Toronto M3H 0C8
    OPEN HOUSE: Jan 10, 2026
    02:00 PM - 04:00 PM EST
    Open House on Saturday, January 10, 2026 2:00PM - 4:00PM
    OPEN HOUSE: Jan 11, 2026
    02:00 PM - 04:00 PM EST
    Open House on Sunday, January 11, 2026 2:00PM - 4:00PM
    Main Photo: 321 31 Tippett Road in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12674604

    321 31 Tippett Road Toronto M3H 0C8 Clanton Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12674604
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the best one-bedroom layout at the newly built, luxurious Condos! This stunning unit features an open-concept layout with no wasted space, and large floor-to-ceiling windows that flood the space with natural light. Conveniently located just steps from the subway, TTC, shopping, highways, and Yorkdale Mall, this prime location offers ultimate accessibility. The building has Resort-Style Amenities-Fitness Centre, Rooftop Terrace, Party Room, Lounge, 24 HR Concierge, Gym And Much More! A Move-In-Ready Home That Truly Has It All! Don't miss out on this incredible opportunity! More details
    Listed by GOLDENWAY REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 406 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12674700

    406 1195 The Queensway Islington-City Centre West Toronto M8Z 1R6
    Main Photo: 406 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12674700

    406 1195 The Queensway Toronto M8Z 1R6 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12674700
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to urban living at its finest! This stylish 1+1 bedroom condo offers contemporary design and convenience in the heart of Etobicoke. Perfect for young professionals, couples, or small families, this unit boasts comfort, functionality, and an unbeatable location. This is the most functional layout The Tailor has to offer for a 1+1 bedroom suite with a separate private den which can be utilized as a home office, guest room, or cozy relaxation area, offering flexibility to suit your lifestyle. The large windows flood the unit with natural light and the 9' ceilings creates a airy ambiance throughout. Exceptional location with a bus stop right in front of the building, close to all amenities nearby (Ikea, Sherway Gardens mall, Costco) and easy access to Gardiner Expressway & 427 for a short drive to downtown. For family with kids and pets, you are steps away from the Senator Marian Maloney Park and the Zorra park (Dog park) to spend the sunny days outside with your loved ones. This building offers Executive Concierge, Fitness Area, Library/Study, BBQ, Lobby Lounge, Rooftop Lounge, Dining Area, Event Space with kitchen, Outdoor Terrace. Take advantage of the affordable maintenance and utilities with this functional sized unit! More details
    Listed by RE/MAX CROSSROADS REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 518 7 Smith Crescent in Toronto: Stonegate-Queensway Condo for sale (Toronto W07) : MLS®# W12675016

    518 7 Smith Crescent Stonegate-Queensway Toronto M8Z 0G3
    Main Photo: 518 7 Smith Crescent in Toronto: Stonegate-Queensway Condo for sale (Toronto W07) : MLS®# W12675016

    518 7 Smith Crescent Toronto M8Z 0G3 Stonegate-Queensway

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12675016
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Queensway Park Condos at 7 Smith Cres, a well-managed 9-storey low-rise residence in the heart of South Etobicoke, offering a quieter and more private living environment, surrounded by parks and everyday conveniences.This bright south-facing suite features 10-foot ceilings, floor-to-ceiling windows, and a highly efficient open-concept layout that maximizes space for living, dining, working from home, and entertaining. Extensive upgrades and high-end finishes throughout are complemented by a rare walk-in closet, ample in-suite storage, and custom built-in blinds for added privacy.Enjoy outdoor living on a large open balcony with nice open view. Residents have access to excellent amenities including gym, concierge, visitor parking, party room, hobby room, dog wash station, kids' playroom, and more.Steps to transit, walk to Costco, parks, and shops, with quick access to GO Station, Gardiner Expressway, and Highway 427, and an easy bike ride to Humber Bay Park and the waterfront. Located in a family-friendly neighbourhood with access to established schools and community facilities.A rare opportunity for quality condo living in Etobicoke. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2204 50 Old Kingston Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12675834

    2204 50 Old Kingston Road West Hill Toronto M1E 4Y1
    Main Photo: 2204 50 Old Kingston Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12675834

    2204 50 Old Kingston Road Toronto M1E 4Y1 West Hill

    $299,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12675834
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Eesti Kodu Toronto - an exclusive 55+ owner-occupied community offering comfort, convenience, and a vibrant lifestyle. This spacious and bright two-bedroom apartment features a serene eastern exposure and an impressive 33-foot balcony - perfect for savoring morning sunrises or relaxing with views and sounds of the nearby Rouge Valley. Gleaming hard wood floors in living/dining rooms, 2nd bedroom and hallway. Inside, you'll find a generously sized primary bedroom with a large walk-in closet, 2nd Bedroom with a large double mirror closet, a full 4-piece bathroom, large utility/storage closet, and a functional, well-laid-out kitchen with ample storage throughout. Enjoy resort-style amenities including a fully serviced pool, his and hers saunas, exercise and craft rooms, a library, an expansive party room, and modernized laundry facilities. The unit also includes underground parking with a dedicated oversized spot conveniently located next to your exclusive locker. Maintenance fees cover all utilities, including heat, hydro, water, property taxes, Bell Fibe5G internet, and cable, making budgeting simple and stress-free. Located close to parks, nature trails, shops, and transit, this move-in-ready unit is perfectas-is or can be customized to suit your personal taste.2 Cats permitted with approval. Experience peaceful living with everything you need at your doorstep-welcome home to Eesti Kodu Toronto! More details
    Listed by RED APPLE REAL ESTATE INC.
    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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