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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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  • 716 1070 Sheppard Avenue W in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12711994

    716 1070 Sheppard Avenue W York University Heights Toronto M3J 0G8
    Main Photo: 716 1070 Sheppard Avenue W in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12711994

    716 1070 Sheppard Avenue W Toronto M3J 0G8 York University Heights

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12711994
    Bedrooms:
    1
    Bathrooms:
    1
    Nestled in the vibrant heart of North York, this bright and spacious one-bedroom residence at 1070 Sheppard Avenue West offers a rare opportunity to enjoy sophisticated city living without compromise.Thoughtfully designed, the suite features an open-concept layout bathed in natural light, with contemporary finishes that reflect modern urban elegance. The sleek kitchen with stainless steel appliances flows seamlessly into a versatile living and dining area, while the generously sized bedroom provides a peaceful retreat from the city's bustle.Beyond the comfort of your private sanctuary lies a world of convenience. Located just minutes from Sheppard West Subway Station, residents enjoy effortless access to downtown Toronto while staying close to neighborhood amenities. The building offers exceptional features, including 24-hour concierge service, state-of-the-art fitness facilities, and secure entry, all complemented by its proximity to Yorkdale Shopping Centre, Downsview Park, and an array of dining and entertainment options.This exceptional property is more than just a home - it's an opportunity to elevate your lifestyle in one of Toronto's most desirable communities. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 604 6 Humberline Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12712106

    604 6 Humberline Drive West Humber-Clairville Toronto M9W 6X8
    Main Photo: 604 6 Humberline Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12712106

    604 6 Humberline Drive Toronto M9W 6X8 West Humber-Clairville

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12712106
    Bedrooms:
    1
    Bathrooms:
    1
    Bright & Spacious 1-Bedroom Condo ideal for first-time buyers, downsizers, or investors. Features an open-concept living/dining area, generous bedroom with walk-in closet and semi-ensuite, and ensuite laundry. Includes 1 parking and 1 locker. Low property taxes and condo fees incl. major utilities. Well-managed building. Prime location next to Guelph-Humber & Humber College, steps to Humber Nature Trail, GO Station, transit to Toronto/Mississauga/Brampton/Vaughan, and easy access to Hwy 427/27/407. Minutes to Pearson Airport, hospital, and Woodbine Entertainment Complex. More details
    Listed by ROYAL LEPAGE FLOWER CITY REALTY
    LISTING DETAILS
    DARYL KING

  • 506 20 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12712518

    506 20 Forest Manor Road Henry Farm Toronto M2J 1M2
    Main Photo: 506 20 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12712518

    506 20 Forest Manor Road Toronto M2J 1M2 Henry Farm

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12712518
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 20 Forest Manor Rd, Unit 506 a bright and thoughtfully designed 1-bedroom, 1-bathroom condo suite offering 860 square feet of comfortable living space plus a spacious 94 sq ft balcony. The inviting layout features a beautifully functional kitchen with stainless steel appliances, ample cupboard space including a clever Lazy Susan corner cabinet, laminate flooring, and a breakfast bar overlooking the open-concept living room. A cozy dining area with a large window adds charm, while the light-filled living space is perfect for both relaxation and entertaining. The bedroom boasts a double door closet, and the 3-piece bath includes a convenient walk-in shower and tiled flooring. Laminate flooring throughout the main living areas provides a modern touch. The foyer and main hallway features a closet, generous storage closet, and linen closet just off of the bathroom. One owned surface level parking space. The building is well-equipped with secure fob entry and elevators. Great amenities include a party/meeting room, exercise room, sauna, laundry room with card-operated machines and visitor parking - everything you need for comfort and convenience. Located in the sought-after Henry Farm neighbourhood, this home offers exceptional access to everyday essentials and entertainment. Fairview Mall, complete with shops, dining, a library, and a movie theatre, is just steps away. Commuting is a breeze with Don Mills subway station nearby, connecting you to downtown Toronto via the Sheppard line, and proximity to Highways 404 and 401. Excellent schools and transit options at your doorstep. This warm and welcoming residence combines functionality, comfort, and location, making it an ideal place to call home. Don't miss this wonderful opportunity - book your private showing today! More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
    LISTING DETAILS
    DARYL KING

  • 1908 155 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12712622

    1908 155 Yorkville Avenue Annex Toronto M5R 1C4
    Main Photo: 1908 155 Yorkville Avenue in Toronto: Annex Condo Apartment for sale (Toronto C02) : MLS®# C12712622

    1908 155 Yorkville Avenue Toronto M5R 1C4 Annex

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12712622
    Bathrooms:
    1
    A refined studio residence in the heart of Yorkville, offering an exceptional lifestyle on one of Toronto's most prestigious streets. Located in a luxury, well-managed building with 24-hour concierge, fitness centre, and elegant party room, this is a home that feels elevated from the moment you arrive. Ideal as a downtown pied-à-terre, or a high-demand investment opportunity. Previously operated as a successful Airbnb (buyer to verify all current use and regulations). Steps to Bloor Street shopping, fine dining, transit, and cultural landmarks. A rare chance to own in a premier Yorkville building where location, lifestyle, and long-term value align. Offer reviewed Tuesday January 27th at 5pm. More details
    Listed by KELLER WILLIAMS REFERRED URBAN REALTY
    LISTING DETAILS
    DARYL KING

  • 706 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12713070

    706 38 Lee Centre Drive Woburn Toronto M1H 3J7
    Main Photo: 706 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12713070

    706 38 Lee Centre Drive Toronto M1H 3J7 Woburn

    $369,998
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12713070
    Bedrooms:
    1
    Bathrooms:
    1
    Luxurious Ellipse Condo Located At The Heart Of Scarborough, One Bedroom, Open Concept Kitchen With Breakfast Bar, Close to Scarborough Town Centre, Highway 401, Civic Centre, Steps to Ttc, Nearby Grocery Store, Great Building Amenities Including 24 Concierge, Gym, Sauna, Indoor Pool, Party/Meeting Room, Billiards More details
    Listed by FOREST HILL REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • PH7 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12713808

    PH7 40 Homewood Avenue Cabbagetown-South St. James Town Toronto M4Y 2K2
    Main Photo: PH7 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12713808

    PH7 40 Homewood Avenue Toronto M4Y 2K2 Cabbagetown-South St. James Town

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12713808
    Bedrooms:
    1
    Bathrooms:
    1
    Discover effortless urban living in this penthouse residence, where space, light, and views come together beautifully. This condo presents a rare opportunity for both end users and investors seeking long-term value. The well-proportioned one-bedroom layout is enhanced by soaring floor-to-ceiling windows, filling the home with natural light and offering abundant storage throughout.A true highlight of the suite is the oversized 18-foot balcony, oriented west for uninterrupted skyline views and unforgettable sunsets. With ample room for outdoor dining and lounging, it's an ideal extension of your living space-perfect for relaxing evenings or entertaining friends. All-inclusive condo fees cover heat, hydro, water, Bell Fibe Internet, and Crave TV, providing exceptional convenience and cost certainty.Located in a vibrant, highly walkable neighbourhood just moments from downtown, major universities, transit, dining hotspots, grocery stores, and retail, with quick connections to the DVP and Gardiner Expressway, this penthouse offers a refined city lifestyle with everything at your doorstep. More details
    Listed by CHESTNUT PARK REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 1002 70 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12713670

    1002 70 Town Centre Court Bendale Toronto M1P 0B2
    Main Photo: 1002 70 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12713670

    1002 70 Town Centre Court Toronto M1P 0B2 Bendale

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12713670
    Bedrooms:
    3
    Bathrooms:
    2
    Great city view! Rarely offered spacious 3-bedroom, 2-bathroom layout in the heart of Scarborough Town Centre. Featuring a bright open-concept living and dining area with floor-to-ceiling windows and unobstructed exposure. Newly upgraded with fresh flooring and newly painted walls throughout. Highly functional split-bedroom design offers excellent privacy. The building is well maintained. Steps to TTC, GO Bus Terminal, STC Mall, and the future Scarborough Subway Line 2 Extension, with quick access to Hwy 401. Surrounded by restaurants, supermarkets, parks, YMCA, and everyday essentials. Amenities include 24-hour concierge, fully equipped gym, party room, and guest suites. An excellent value opportunity ideal for both end-users and investors. More details
    Listed by HOME LEGEND REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 3907 42 Charles Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12714044

    3907 42 Charles Street E Church-Yonge Corridor Toronto M4Y 1T4
    Main Photo: 3907 42 Charles Street E in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12714044

    3907 42 Charles Street E Toronto M4Y 1T4 Church-Yonge Corridor

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12714044
    Bathrooms:
    1
    A sweet little place with big views and an even better location. Perfect as a first home, a college pad, or a stylish city landing spot, this high-floor Casa II studio proves that smart design and great light never go out of style. Check out this 5-Star residence in the heart of Yonge & Bloor. This modern, high-floor studio features a smart open-concept layout with high ceilings, floor-to-ceiling windows, and a walk-out to a balcony with breathtaking, unobstructed city views. Freshly painted and well maintained, the suite is flooded with natural light and designed for effortless urban living.Enjoy hotel-inspired amenities including a grand 20-ft lobby, 24-hour concierge, state-of-the-art fitness centre, rooftop lounge, outdoor saltwater infinity pool with BBQs, guest suites, games room, and more. Steps to the TTC with access to two subway lines, and moments from Yorkville shopping, dining, U of T, libraries, and everyday essentials. Everything you need is right outside your door. An ideal opportunity for end-users or investors looking for location, lifestyle, and long-term value. More details
    Listed by UNION REALTY BROKERAGE INC.
    LISTING DETAILS
    DARYL KING

  • 308 50 Lotherton Pathway in Toronto: Yorkdale-Glen Park Condo Apartment for sale (Toronto W04) : MLS®# W12714492

    308 50 Lotherton Pathway Yorkdale-Glen Park Toronto M6B 2G8
    Main Photo: 308 50 Lotherton Pathway in Toronto: Yorkdale-Glen Park Condo Apartment for sale (Toronto W04) : MLS®# W12714492

    308 50 Lotherton Pathway Toronto M6B 2G8 Yorkdale-Glen Park

    $399,988
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12714492
    Bedrooms:
    3
    Bathrooms:
    1
    Upgraded & Move-In Ready Unit! Featuring modern pot lights and ensuite laundry, this clean, spacious, and bright home shows A+++. One of the bedrooms has been opened up and integrated into the living room, creating a more spacious and functional living area; however, it can be easily converted back into a third bedroom if desired. Ideally located in a central area with easy access to Yorkdale Mall and Highway 401 - minutes south to Downtown Toronto, west to Mississauga, and north to Vaughan. All amenities are nearby, including schools, Walmart, Home Depot, and a variety of retail stores. Steps to TTC transit, with one bus to the subway and GO Station. Why pay rent when you can own? More details
    Listed by RE/MAX EXCEL REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12715356

    1405 70 Temperance Street Bay Street Corridor Toronto M5H 0B1
    Main Photo: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12715356

    1405 70 Temperance Street Toronto M5H 0B1 Bay Street Corridor

    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12715356
    Bathrooms:
    1
    Nestled in the heart of financial district. Functional unit with 9" ceilings, outdoor terrace, golf room, board room and fitness centre. More details
    Listed by CENTURY 21 HERITAGE GROUP LTD.
    LISTING DETAILS
    DARYL KING

  • 508 50 Gulliver Road in Toronto: Brookhaven-Amesbury Condo for sale (Toronto W04) : MLS®# W12707956

    508 50 Gulliver Road Brookhaven-Amesbury Toronto M6M 2N2
    Main Photo: 508 50 Gulliver Road in Toronto: Brookhaven-Amesbury Condo for sale (Toronto W04) : MLS®# W12707956

    508 50 Gulliver Road Toronto M6M 2N2 Brookhaven-Amesbury

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12707956
    Bedrooms:
    1
    Bathrooms:
    1
    Rare opportunity, comfort and convenience in this spacious one-bedroom condo, complete with one parking spot as exclusive surface. This Bright, open-concept living space, positive features are balcony east view, large windows flooding the area with natural light, a well designed galley kitchen, with a sitting area to have dinners with the family/friends lets not forget the walkout to the balcony, Pot lights. Generous size rooms, Laundry; extra coin units main floor of condo building. More details
    Listed by CENTURY 21 B.J. ROTH REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 411 16 Harrison Garden Boulevard in Toronto: Willowdale East Condo Apartment for sale (Toronto C14) : MLS®# C12708124

    411 16 Harrison Garden Boulevard Willowdale East Toronto M2N 7J6
    Main Photo: 411 16 Harrison Garden Boulevard in Toronto: Willowdale East Condo Apartment for sale (Toronto C14) : MLS®# C12708124

    411 16 Harrison Garden Boulevard Toronto M2N 7J6 Willowdale East

    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12708124
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Residences of Avondale, a sought-after building by renowned builder Shane Baghai. This beautifully maintained 520 sq. ft. suite offers a smart, functional open-concept layout featuring one bedroom, one 4-piece bath, and a covered balcony, along with parking and a locker. Thoughtful upgrades add style and comfort, including a striking faux concrete accent wall, upgraded hardware, granite countertops, a European handheld shower head, a new kitchen faucet, a new Whirlpool microwave, and a stainless steel Whirlpool refrigerator. This move-in-ready suite truly delivers both design and functionality.Residents enjoy an impressive array of amenities: 24-hour concierge, fully equipped gym, party room and meeting room, indoor swimming pool and sauna, guest suites, and ample visitor parking. Ideally located minutes from Sheppard Subway Station, and steps to shopping, groceries, restaurants, and easy access to the 401, this home offers the perfect blend of comfort, value, and convenience. An excellent opportunity for first-time buyers or investors alike. More details
    Listed by HARVEY KALLES REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING
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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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