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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1207 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12829166
1207 5949 Yonge Street Toronto M2M 3V8 
$319,900Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12829166
- Bedrooms:
- 1
- Bathrooms:
- 1
EXCEPTIONAL OPPOTUNITY! Welcome to Sedona Place co-ownership apartments at 5949 Yonge St, located in the sought-after Newtonbrook neighborhood. This tastefully reimagined & fully renovated, west-facing, 1-bed, 1-bath apartment spans over 650 sqft, plus a 153 sqft sunset balcony, and comes with a parking spot & two (2) lockers. Bask in natural light pouring through large west-facing windows that fill the open-concept living & dining area with warmth. The sleek, modern kitchen features premium S/S Samsung & Bosch appliances, a 36" Bespoke fridge with cutom panels & Beverage CenterTM, LG ventless washer/dryer, & a corner sink with a touch faucet, soap dispenser, and convenient cup rinser. The kitchen island with seating makes for the perfect gathering spot for morning coffee or casual dining. The living room is both stylish & spacious, complete with an electric fireplace framed by built-in shelving, crown molding, and a remote-controlled ceiling fan with integrated lighting. The bright bedroom offers a wall-to-wall B/I custom wardrobe, built-in shoe cupboard, and a similar ceiling fan/light, along with a Delonghi portable A/C for personalized comfort. The bathroom is beautifully renovated with heated floors, a standing glass shower featuring a rain head, jets, & handheld wand, a sleek floating vanity, shower niche, & a heated towel rack. Throughout the unit, details like smooth ceilings, laminate tile floors, USB outlets, modern black door hardware, & dimmers add a refined touch. The suite also includes an in-suite deep locker, a rare & valuable feature for added storage. The building's charm & appeal have been enhanced by renovated hallways & lobby. A superintendent ensures peace of mind & day-to-day maintenance support. Minutes to Finch subway station & many parks & greenery. Yonge Street transit, shopping, cafés, restaurants, & parks at your doorstep. **All utilities are included & property taxes are paid with maintenance fee: ($1,119.80/12)+$943.48=$1,026.80/MO.** More detailsListed by THE AGENCY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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406 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12825298
406 1195 The Queensway Toronto M8Z 1R6
$349,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- W12825298
- 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 detailsListed by RE/MAX CROSSROADS REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1713 195 Redpath Avenue in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12825540
1713 195 Redpath Avenue Toronto M4P 0E4
$398,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12825540
- Bedrooms:
- 1
- Bathrooms:
- 1
Welcome to City lights on Broadway South Tower! Open Concept Unit With 1 Bed, 1-bath condo at 195 Redpath Ave, Prime location just steps from Yonge & Eglinton. Enjoy the Easy access to the subway, restaurants, and vibrant shops. It perfect for a single person or couple. The unit features a functional layout with high-end upgrades, including a modern kitchen with quartz countertops and under-cabinet lighting. The bathroom includes a glass shower door, pot lights &additional storage shelves for convenience. Residents have access to over 18,000 sq. ft. of indoor and 10,000 sq. ft. of outdoor amenities. Including an outdoor pool with lounge chairs, steam room, outdoor theatre, modern gym, party room, BBQ area with seating, basketball court,guest suites, and visitor parking. Enjoy luxurious city living with everything you need rightat your doorstep! More detailsListed by SMART SOLD REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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316 816 Lansdowne Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Condo Apartment for sale (Toronto W02) : MLS®# W12826006
316 816 Lansdowne Avenue Toronto M6H 4K6
$399,900Residential Condo & Other- Status:
- Active
- MLS® Num:
- W12826006
- Bedrooms:
- 1
- Bathrooms:
- 1
Welcome to Upside Down Condos! Beautiful and spacious one bedroom condo located in a very well-maintained boutique-style condominium near the Junction Triangle. Offering a modern south-facing open-concept layout Living/Dining with w/o to large bright balcony. Modern kitchen with granite countertops, breakfast bar, shaker-style cabinetry, subway tile backsplash and large single sink. The generously sized bedroom includes a double closet with shelving and a large window providing plenty of natural light. Additional storage space available at front foyer entrance. This very affordable & charming unit is perfect for first-time buyers and downsizers offering very low maintenance fees. Located in a vibrant community, including nearby Bloor West Village, The Junction, Geary Strip, High Park, Dufferin Mall, and more! Building amenities include an exercise room, sauna, party and games rooms, yoga studio, bicycle lockers, basketball court, billiards Room, ample underground visitor parking and security guard. Conveniently located close to public transit, groceries/food basics, Shoppers, schools, parks, and restaurants. The building is pet-friendly. More detailsListed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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408 1 Cardiff Road in Toronto: Mount Pleasant East Condo Apartment for sale (Toronto C10) : MLS®# C12826382
408 1 Cardiff Road Toronto M4P 0G2
$399,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12826382
- Bedrooms:
- 1
- Bathrooms:
- 1
Boutique Living on Eglinton - Urban Elegance Awaits Experience refined urban living in this stunning 1-bedroom condo located in the boutique Cardiff building on Eglinton. Designed with contemporary flair and practicality in mind, the suite features 9-foot ceilings, gleaming floors, quartz countertops, and an innovative layout that maximizes space and style. Parking available for purchase. Enjoy a vibrant lifestyle with an impressive indoor and outdoor amenity area, complete with an entertainment lounge, bar, and a beautifully designed outdoor terrace-ideal for relaxing or hosting. Centrally located in one of Toronto's most dynamic neighborhoods,you're just steps from Yonge & Eglinton's shops, restaurants, and the future LRT. Surrounded by top-rated schools and unbeatable urban conveniences, this is city living at its finest. Don't miss this incredible opportunity to own in one of Toronto's most sought-after communities. More detailsListed by ROYAL LEPAGE SIGNATURE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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2008 56 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12826726
2008 56 Forest Manor Road Toronto M2J 0E5
$399,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12826726
- Bedrooms:
- 2
- Bathrooms:
- 1
Welcome To This Stunning 1 Bedroom Plus Den Unit Features Fresh Paint, 9Ft Ceiling, And Floor-To-Ceiling Windows That Showcase An Unobstructed View, Creating A Bright And Airy Living Space. The Modern Kitchen Is Finished With Stainless Steel Appliances, Backsplash, Under-Cabinet Lighting, And A Functional Centre Island. The Open Layout Offers Comfortable Living And Dining Areas, While The Spacious Den Can Fit A Bed, Provides The Perfect Space For Guest Area Or Home Office. Ideally Located Just Steps From Fairview Mall, Don Mills Subway Station, Grocery Stores, And Everyday Conveniences, With Quick Access To The DVP, Hwy 404, 401, And 407, This Home Delivers Exceptional Comfort And Unmatched Urban Convenience. More detailsListed by SUPERSTARS REALTY LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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103 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12827036
103 40 Homewood Avenue Toronto M4Y 2K2
$380,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12827036
- Bedrooms:
- 1
- Bathrooms:
- 1
Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living! For sale for the first time by the original owner, this suite presents exceptional value for both end users and investors alike. The generously sized bedroom features ample closet space and floor-to-ceiling windows that fill the room with natural light. Step outside to your expansive west-facing balcony/terrace, ideal for summer lounging or entertaining guests - there's plenty of room for a full patio set. Enjoy the sunshine by day and take in the stunning sunsets by night with green views that stretch across the property. Situated between Cabbagetown and The Village, this prime location offers the perfect blend of character, convenience, and community. The building itself fosters a strong sense of belonging, with regular social events, a welcoming mix of residents of all ages, and an inclusive, friendly atmosphere that's hard to find in the heart of downtown. You'll also enjoy very low maintenance fees that cover everything - including heat, hydro, water, Bell Fibe high-speed internet, and cable TV. A large locker is included for added storage convenience. Outstanding amenities include an indoor pool, sauna, gym, guest suites, bike storage, EV charging stations, visitor parking, library, and meeting/party room - providing comfort, connection, and convenience all under one roof. Just minutes from the Downtown Core, TMU, U of T, The Village, and an array of top-rated restaurants, cafes, and shops, with easy access to the DVP and Gardiner Expressway. This condo offers the best of downtown living - a vibrant community, full-service amenities, and unbeatable value - all in one exceptional package. More detailsListed by ROYAL LEPAGE MEADOWTOWNE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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501 38 Monte Kwinter Court in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12827076
501 38 Monte Kwinter Court Toronto M3H 0E2
$388,880Residential Condo & Other- Status:
- Active
- MLS® Num:
- C12827076
- Bedrooms:
- 2
- Bathrooms:
- 1
Step into Suite 501 at 38 Monte Kwinter Court, a beautifully designed and sun-filled 1+Den residence that seamlessly blends modern style with everyday comfort. This thoughtfully laid-out suite features an open-concept living and dining area, enhanced by sleek laminate flooring, soft neutral tones, and expansive windows that fill the space with natural light. The contemporary kitchen is both stylish and functional, complete with stainless steel appliances, modern cabinetry, ample storage, and a clean tile backsplash-perfect for both daily living and entertaining. A versatile den offers an ideal space for a home office, reading nook, or creative workspace, thoughtfully separated to maximize usability without compromising flow. The spacious bedroom provides a calm and inviting retreat, comfortably accommodating a queen-size bed with side tables, while maintaining a bright and airy ambiance. The large modern bathroom features clean lines, quality finishes, and a practical layout. Enjoy the added convenience of in-suite laundry and step outside to your private balcony, an ideal spot for morning coffee or evening relaxation. Residents enjoy access to an impressive selection of premium building amenities, including 24/7 concierge service, a state-of-the-art fitness centre, party and lounge rooms, outdoor BBQ areas, and beautifully maintained common spaces designed for both relaxation and community living. Perfectly positioned just steps from Subway Station, this prime location offers effortless access to downtown Toronto and beyond. Daily conveniences and retail options are close at hand, including Yorkdale Mall, Downsview SmartCentres (Costco, Home Depot, Best Buy), nearby parks, and quick access to Highway 401, making commuting and city living exceptionally convenient. It offers a refined urban lifestyle in a transit-connected neighbourhood-ideal for professionals, end-users, or investors seeking modern living with long-term value. More detailsListed by RE/MAX REALTRON REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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2239 125 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12827292
2239 125 Omni Drive Toronto M1P 5A9
$379,900Residential Condo & Other- Status:
- Active
- MLS® Num:
- E12827292
- Bedrooms:
- 1
- Bathrooms:
- 1
Location Location. Welcome to Tridel Forest Mansion. This bright and spacious one bedroom condo has 24 hr gatehouse security and is steps to Ttc rapid transit Scarborough Town Centre, library, & restaurants. Newly updated Kitchen (2026) with solid surface countertops. freshly painted and new flooring in living room, dining kitchen, and bedroom. Incredible value. Close to Hwy 401, schools, parks. This beautiful building has recently updated common areas with tons of amenities including indoor pool, gym, billiards lounge, games room, party room and more. More detailsListed by RE/MAX ABOUTOWNE REALTY CORP.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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PH39 125 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12827324
PH39 125 Omni Drive Toronto M1P 5A9
$379,900Residential Condo & Other- Status:
- Active
- MLS® Num:
- E12827324
- Bedrooms:
- 1
- Bathrooms:
- 1
Location Location. Welcome to Tridel Forest Mansion. This bright and spacious one bedroom condo has 24 hr gatehouse security and is steps to Ttc rapid transit Scarborough Town Centre, library, & restaurants. Sought after Penthouse unit. Hardwood floors in living and dinning room. Freshly painted, newer bathroom vanity. Close to Hwy 401, schools, parks. This beautiful building has recently updated common areas with tons of amenities including indoor pool, gym, billiards lounge, games room, party room and more. More detailsListed by RE/MAX ABOUTOWNE REALTY CORP.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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3 40 Rexdale Boulevard in Toronto: Rexdale-Kipling Condo Townhouse for sale (Toronto W10) : MLS®# W12821860
3 40 Rexdale Boulevard Toronto M9W 5Z3 OPEN HOUSE: Feb 28, 202602:00 PM - 04:00 PM ESTOpen House on Saturday, February 28, 2026 2:00PM - 4:00PMOPEN HOUSE: Mar 01, 202602:00 PM - 04:00 PM ESTOpen House on Sunday, March 1, 2026 2:00PM - 4:00PM
$399,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- W12821860
- Bedrooms:
- 3
- Bathrooms:
- 2
Beautifully Updated 3-Bedroom Townhouse in Prime Location! Very well-maintained 3-bedroom, 2-washroom townhouse in an exceptionally convenient location. This carpet-free unit features modern laminate flooring throughout and a bright open-concept kitchen. Both washrooms include newer vanities (2026). Freshly painted in neutral tones (2026) with most light fixtures updated (2026), offering a stylish, move-in-ready interior.Enjoy a walk-out balcony and unbeatable access to Hwy 401, TTC, and Costco just steps away. Close to all amenities including schools, Walmart, Canadian Tire, and grocery stores.An excellent opportunity for first-time home buyers, downsizers, or investors. Move-in condition. Why pay rent when you can build your own equity? More detailsListed by RIGHT AT HOME REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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602 4064 Lawrence Avenue E in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12822756
602 4064 Lawrence Avenue E Toronto M1E 4V6
$299,000Residential Condo & Other- Status:
- Active
- MLS® Num:
- E12822756
- Bedrooms:
- 4
- Bathrooms:
- 2
This stunning two-level townhouse condominium offers four generously sized bedrooms, a spacious living area, two washrooms, one parking space, and one locker. Featuring a bright and open layout with two private entrances, the unit is ideally located close to schools, shopping plazas, TTC, GO Transit, major highways, and all other essential amenities. The rare four-bedroom configuration provides exceptional versatility, making it an excellent choice for families, students, or working professionals. All-inclusive maintenance fees cover heat, water, cable, internet, central air conditioning, and pest control-ensuring outstanding value and worry-free living. Don't miss this incredible opportunity-schedule your private viewing today. More detailsListed by ROYAL LEPAGE TERRA REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated February 28, 2026 at 04:15 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.
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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.
Get The Royal Treatment
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