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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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  • 425 377 Madison Avenue in Toronto: Casa Loma Condo Apartment for sale (Toronto C02) : MLS®# C12796260

    425 377 Madison Avenue Casa Loma Toronto M4V 3E1
    Main Photo: 425 377 Madison Avenue in Toronto: Casa Loma Condo Apartment for sale (Toronto C02) : MLS®# C12796260

    425 377 Madison Avenue Toronto M4V 3E1 Casa Loma

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12796260
    Bathrooms:
    1
    Welcome to this spacious, carpet-free studio in a boutique low-rise building, ideally located in one of Toronto's most sought-after neighborhoods. Thoughtfully designed and larger than most studios, with high 9' ceilings, this quiet and well-maintained suite features sleek quartz countertops throughout and a generously sized private balcony-perfect for entertaining or relaxing outdoors. Enjoy the convenience of walking to Dupont Subway Station, George Brown College, Casa Loma, Forest Hill, the Annex, and the world-class shops and restaurants of Yorkville. The building offers exceptional amenities, including a fully equipped gym, party room, visitor parking, 24-hour concierge, pet spa, and a dedicated yoga/dance studio. Set within a peaceful building and an excellent community, this condo is ideal for professionals, students, or investors seeking style, comfort, and an unbeatable central location. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 2611 36 ZORRA Street in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12797888

    2611 36 ZORRA Street Islington-City Centre West Toronto M8Z 0G5
    Main Photo: 2611 36 ZORRA Street in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12797888

    2611 36 ZORRA Street Toronto M8Z 0G5 Islington-City Centre West

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12797888
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Suite 2611 at 36 Zorra St, a brand-new 1-bedroom residence on the 26th floor in the vibrant Queensway community. Large windows fill the home with natural light, enhancing its well-designed, open and airy layout. Step onto the private balcony to enjoy expansive city views. The modern kitchen features built-in appliances, combining style and functionality to create a comfortable and inviting living space. The bedroom is warm and restful, complemented by a sleek bathroom and the convenience of in-suite laundry for effortless everyday living. Residents enjoy access to an impressive selection of amenities, including an outdoor pool, a fully equipped fitness centre with sauna and yoga studio, social lounges, co-working spaces, 24-hour concierge service, and guest suites. With easy access to major highways and a dedicated shuttle to Kipling Station, this home offers an ideal balance of connectivity and contemporary urban comfort. More details
    Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
    LISTING DETAILS
    DARYL KING

  • 2101 330 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12798022

    2101 330 Dixon Road Kingsview Village-The Westway Toronto M9R 1S9
    Main Photo: 2101 330 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12798022

    2101 330 Dixon Road Toronto M9R 1S9 Kingsview Village-The Westway

    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12798022
    Bedrooms:
    2
    Bathrooms:
    1
    Beautiful, well-maintained unit offered at a great price! Featuring elegant hardwood floors throughout, this home comes equipped with a brand-new fridge and stove, as well as a washer and dryer for your convenience. A microwave and select furniture are also included, making this a fantastic move-in-ready opportunity. More details
    Listed by ROYAL LEPAGE SUPREME REALTY
    LISTING DETAILS
    DARYL KING

  • 305 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12798144

    305 56 Annie Craig Drive Mimico Toronto M8V 0C8
    Main Photo: 305 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12798144

    305 56 Annie Craig Drive Toronto M8V 0C8 Mimico

    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12798144
    Bathrooms:
    1
    Welcome to Lago at the Waterfront in the heart of Humber Bay Shores. This bright and well-appointed studio features afunctional open-concept layout, floor-to-ceiling windows, and a large west-facing balcony with sunset views. Modern kitchen withstainless steel appliances (fridge, stove, microwave, dishwasher), contemporary cabinetry, and ample storage. Enjoy resort-styleamenities including 24-hour concierge, indoor pool, hot tub, sauna, fully equipped gym, party/media rooms, guest suites, visitorparking, BBQ areas, landscaped terrace, and more. Unbeatable waterfront location just steps to Lake Ontario, Humber Bay trails,parks, cafés, restaurants, and everyday essentials. Easy access to downtown Toronto, TTC, and major highways. Ideal forfirst-time buyers, investors, or those seeking a low-maintenance urban retreat in a vibrant lakeside community. More details
    Listed by UNION CAPITAL REALTY
    LISTING DETAILS
    DARYL KING

  • 734 10 Laidlaw Street in Toronto: South Parkdale Condo Apartment for sale (Toronto W01) : MLS®# W12799042

    734 10 Laidlaw Street South Parkdale Toronto M6K 1X2
    Main Photo: 734 10 Laidlaw Street in Toronto: South Parkdale Condo Apartment for sale (Toronto W01) : MLS®# W12799042

    734 10 Laidlaw Street Toronto M6K 1X2 South Parkdale

    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12799042
    Bedrooms:
    2
    Bathrooms:
    1
    Prime King West Opportunity - Renovate & Make it Your Own! Unlock the potential of thius 1-bedroom+den townhome in the heart of South Parkdale. Offering a bright, open concept layout, a spacious kitchen footprint , and a private terrace, this home is ready for your personal touch. This property presents the perfect blank canvas for buyers looking to customize and add value in one of Toronto's most sought-after neighbourhoods. Enjoy low maintenance fees and an unbeatable location just steps to TTC, Queen West, Liverty Village, BMO Field, Exhibition Place, and an incredible selection of dining, shopping, and nightlife. Ideal for first-time buyers, renovators, or investors looking to break into the King West. Bring your vision and transform this space into something truly special! More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • TH203 1785 Eglinton Avenue E in Toronto: Victoria Village Condo Townhouse for sale (Toronto C13) : MLS®# C12799312

    TH203 1785 Eglinton Avenue E Victoria Village Toronto M4A 2Y6
    Main Photo: TH203 1785 Eglinton Avenue E in Toronto: Victoria Village Condo Townhouse for sale (Toronto C13) : MLS®# C12799312

    TH203 1785 Eglinton Avenue E Toronto M4A 2Y6 Victoria Village

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12799312
    Bedrooms:
    2
    Bathrooms:
    2
    Experience the perfect blend of comfort and convenience in this charming condo townhouse with tranquil views of Warner Park. Owner-occupied and well-maintained, this Victoria Village home features a thoughtful layout that maximizes space while offering a warm, welcoming atmosphere. The inviting interior features two spacious bedrooms and two full bathrooms, including a 3-piece ensuite for added privacy. The open concept kitchen, with its warm, natural maple cabinetry, breakfast bar, and durable granite countertops, is perfect for cooking up your favourite meals. As the cooler months approach, the gas fireplace in the main living area becomes the ideal place to unwind after dinner, whether you're enjoying a good book or your favourite TV show. With quick access to the Eglinton LRT, DVP, and 401, getting downtown or crosstown is a breeze. The neighbourhood is also rich with shopping options, offering convenience for both daily errands and leisure activities. An underground parking spot and locker (which is conveniently beside the parking!), are included, along with ample visitor parking, BBQ-friendly balconies, and a pet-friendly policy. This home is perfectly tailored to meet the needs of young professionals, first-time homebuyers, growing families, or investors looking for an easily rentable unit. **EXTRAS** Furnace is new (2023) and owned. Brand new Washer/Dryer (2025), Brand New AC (2025). More details
    Listed by SAGE REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 505 25 Maitland Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12799488

    505 25 Maitland Street Church-Yonge Corridor Toronto M4Y 2W1
    Main Photo: 505 25 Maitland Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12799488

    505 25 Maitland Street Toronto M4Y 2W1 Church-Yonge Corridor

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12799488
    Bedrooms:
    1
    Bathrooms:
    1
    The Cosmopolitan - a well-managed, family-friendly building offering exceptional value with parking and all utilities included in the monthly maintenance fees. Perfectly situated just steps from Wellesley Station, daily conveniences, and vibrant shopping.This spacious and functional 674 sq. ft. suite features two walkouts to the balcony from both the living room and bedroom, filling the space with natural light. The primary bedroom offers exceptional storage, including a walk-in closet, a full double-door closet, and an additional smaller closet - ideal for those downsizing or first-time home buyers.Outstanding building amenities include 24-hour concierge service, a rooftop pool and lounge, visitor parking, fitness centre, sauna, games room with pool table, and guest suites.An unbeatable location just steps to the subway, University of Toronto, TMU, Yorkville, Eaton Centre, boutique shopping, trendy restaurants, LCBO, and so much more. More details
    Listed by ROYAL LEPAGE URBAN REALTY
    LISTING DETAILS
    DARYL KING

  • 509 200 Lotherton Pathway Pathway in Toronto: Yorkdale-Glen Park Condo Apartment for sale (Toronto W04) : MLS®# W12800124

    509 200 Lotherton Pathway Pathway Yorkdale-Glen Park Toronto M6B 2G8
    Main Photo: 509 200 Lotherton Pathway Pathway in Toronto: Yorkdale-Glen Park Condo Apartment for sale (Toronto W04) : MLS®# W12800124

    509 200 Lotherton Pathway Pathway Toronto M6B 2G8 Yorkdale-Glen Park

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12800124
    Bedrooms:
    2
    Bathrooms:
    1
    GREAT OPPORTUNITY FOR FIRST TIME BUYERS AND INVESTORS LOOKING FOR TWO BEDROOM CONDO IN NORTH YORK FAMILY ORIENTED NEIGHBOURHOOD ENSUITE LAUNDRY WITH WASHER & DRYER. EXCLUSIVE UNDERGROUND PARKING INCLUDED. CONDO IS CARPET FREE BRIGHT WITH CLEAR VIEW.CONDO IS READY TO MOVE IN. CLOSE TO COSTCO, YORK DALE MALL, PUBLIC TRANSPORT, SUBWAY STOPS, HOSPITAL All UTILITIES INCLUDED IN THE MAINTENANCE. More details
    Listed by RE/MAX REAL ESTATE CENTRE INC.
    LISTING DETAILS
    DARYL KING

  • 406 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12792632

    406 50 Power Street Moss Park Toronto M5A 0V3
    Main Photo: 406 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12792632

    406 50 Power Street Toronto M5A 0V3 Moss Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12792632
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Unit 406 at 50 Power Street - Stylish Loft-Inspired 1-Bedroom+Den Condo Experience incredible value at the new Home Condos (Adelaide + Power) with this gorgeous 1+1 suite, offered for under $450,000! This bright, open-concept unit features floor-to-ceiling windows that flood the space with natural light and lead to a large, south-facing balcony with clear views. The modern kitchen is equipped with built-in stainless steel appliances, custom cabinetry, and a sleek backsplash. The versatile den is perfect for a home office or secondary sleeping area. Located in the vibrant Corktown neighbourhood, you are just steps from the Distillery District, top-tier dining, shops, and the Don River. Commuters will appreciate the easy access to transit and the DVP/Gardiner. Building amenities are top-notch, including an outdoor pool with sundeck, fitness and yoga studios, an artist's workshop, and a pet wash station. The unit is vacant and easy to show. More details
    Listed by REMAX YOUR COMMUNITY REALTY
    LISTING DETAILS
    DARYL KING
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  • 1211 255 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12793302

    1211 255 Richmond Street E Moss Park Toronto M5A 4T7
    Main Photo: 1211 255 Richmond Street E in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12793302

    1211 255 Richmond Street E Toronto M5A 4T7 Moss Park

    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12793302
    Bathrooms:
    1
    This sun-filled studio features a functional open-concept layout with a spacious kitchen and ample cupboard space. Nestled in a vibrant yet peaceful neighborhood, the location offers unbeatable convenience. Steps away from the Eaton Centre, Moss Park, Ryerson University, George Brown College, and St. Lawrence Market. Just 10 minutes to The Esplanade and easy access to major highways. With a perfect 100 Transit Score and an impressive 95 Walk Score, this is city living at its finest! More details
    Listed by ROYAL LEPAGE NRC REALTY
    LISTING DETAILS
    DARYL KING

  • 709 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12794150

    709 320 Dixon Road Kingsview Village-The Westway Toronto M9R 1S8
    Main Photo: 709 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12794150

    709 320 Dixon Road Toronto M9R 1S8 Kingsview Village-The Westway

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12794150
    Bedrooms:
    3
    Bathrooms:
    1
    A perfect, move-in ready apartment at an unbeatable price! Enjoy the convenience of underground parking and 24-hour gated security. Ideally located close to major highways, schools, shopping malls, and the airport - everything you need just minutes away. More details
    Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12794972

    102 5940 Yonge Street Newtonbrook West Toronto M2M 4M6
    Main Photo: 102 5940 Yonge Street in Toronto: Newtonbrook West Condo Apartment for sale (Toronto C07) : MLS®# C12794972

    102 5940 Yonge Street Toronto M2M 4M6 Newtonbrook West

    $387,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12794972
    Bedrooms:
    1
    Bathrooms:
    1
    Stunning Fully Renovated 1 Bedroom Condo at Yonge & Cummer in North York! Beautifully updated from top to bottom, this spacious suite features 10 ft ceilings, brand-new engineered flooring, and fresh paint throughout. Enjoy a new, modern kitchen with stone countertops, stainless steel appliances, and sleek cabinetry. The suite includes new lighting, new window coverings, and a large, fully fenced private patio perfect for outdoor lounging or entertaining. Comes with 1 parking space and 1 locker for added convenience. An incredible opportunity in a prime North York location surrounded by transit and amenities! More details
    Listed by FOREST HILL REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated February 19, 2026 at 06:15 AM (UTC)
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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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