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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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  • 1416 370 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12722842

    1416 370 Dixon Road Kingsview Village-The Westway Toronto M9R 1T2
    Main Photo: 1416 370 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12722842

    1416 370 Dixon Road Toronto M9R 1T2 Kingsview Village-The Westway

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12722842
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to 270 Dixon Rd Unit 1416 a bright and spacious 2-bedroom, 1-bathroom condo offering over 1,000 sq. ft. of stylish living space. This thoughtfully upgraded suite features a modern galley designed kitchen, a sleek stone accent wall, and a cozy electric fireplace that adds warmth and charm to the open-concept living and dining area. Large windows flood the space with natural light, while the fully renovated bathroom boasts a contemporary design with high end finishes. One dedicated parking space is included. Enjoy incredible value with hydro, heat, water, and parking all included in the maintenance fees. Conveniently located near schools, parks, grocery stores, shopping, and just steps from multiple TTC bus routes. With easy access to HWY 401, HWY 427, Pearson Airport, and Kipling & Islington Stations, commuting is a breeze. Ideal for first-time buyers, downsizers, or investors this is your chance to own a beautifully upgraded unit in a well-managed building. More details
    Listed by RE/MAX WEST REALTY INC. and RE/MAX MILLENNIUM REAL ESTATE
    LISTING DETAILS
    DARYL KING

  • 1001 797 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12719254

    1001 797 Don Mills Road Flemingdon Park Toronto M3C 1V1
    Main Photo: 1001 797 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12719254

    1001 797 Don Mills Road Toronto M3C 1V1 Flemingdon Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12719254
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome To The Prestigious Tribeca Lofts, Manhattan Model 760 Sqft, This Well Maintained, Stunning Sun Filled Unit Features airy 10 feet Ceiling, Wall To Wall Windows, New Floor, New Window Covering, South Facing Views Of The Cn Tower And The Toronto Sky Line, Open Concept, Semi Ensuite Washroom, Walk In Closet, Oversized Master Bedroom, One Exclusive Parking And One Double Sized Locker. More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 801 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12719912

    801 234 Albion Road Elms-Old Rexdale Toronto M9W 6A5
    Main Photo: 801 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12719912

    801 234 Albion Road Toronto M9W 6A5 Elms-Old Rexdale

    $310,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12719912
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to this spacious 2-bedroom, 1-bathroom condo at 234 Albion Road #801, offering approximately 1,060 sq. ft. of well-laid-out living space with a bright open-concept living and dining area and a walk-out to a large open balcony with southeast exposure and clear city and greenbelt views . The unit features a functional kitchen, generous principal rooms, ensuite laundry, and one underground parking space, making it an ideal opportunity for first-time buyers or investors. Residents enjoy an excellent array of building amenities including a concierge, outdoor pool, gym, sauna, party/meeting room, and playground, with all utilities included in the maintenance fees for added convenience. Located in the Elms-Old Rexdale community, the building is steps to TTC transit and offers quick access to Highways 401, 400, and 27, as well as nearby golf courses, Humber River trails, parks, schools, recreation centres, and places of worship. Rather than paying a premium for a newly renovated unit, this condo presents a smart chance to build equity by updating and customizing the space to your own taste and style in a well-established, amenity-rich building. More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 906 5 San Romanoway in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12720090

    906 5 San Romanoway Black Creek Toronto M3N 2Y4
    Main Photo: 906 5 San Romanoway in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12720090

    906 5 San Romanoway Toronto M3N 2Y4 Black Creek

    $345,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12720090
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 906 at 5 San Romano Way a spacious and bright 1-bedroom offering expansive views and excellent value. Tile flooring throughout, a functional layout with a walk-out to a large balcony. Enjoy natural light in every room and large open living space. Conveniently located close to grocery stores, public transit, York University, and nearby shopping. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12720518

    219 5 Massey Square Crescent Town Toronto M4C 5L4
    Main Photo: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12720518

    219 5 Massey Square Toronto M4C 5L4 Crescent Town

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12720518
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to a well-maintained, spacious 2-bedroom, 1-bathroom condominium ideal for family living or long-term investment. The suite features newer flooring, updated counters, ample storage, stylish light fixtures, and a large enclosed terrace for everyday enjoyment. The location delivers daily convenience. Steps to Danforth Avenue, Victoria Park Subway Station, multiple bus routes, restaurants, grocery options, medical facilities, places of worship, parks, and local services. On the main level, enjoy easy access to on-site commerce, including a grocery store, convenience store, gym, recreation centre, medical offices, and additional services. The building is consistently cleaned, well-managed, and monitored by a professional security team. Residents benefit from a strong sense of community and a comfortable, well cared for environment. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 702 225 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12721068

    702 225 Sumach Street Regent Park Toronto M5A 0P8
    Main Photo: 702 225 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12721068

    702 225 Sumach Street Toronto M5A 0P8 Regent Park

    $359,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12721068
    Bathrooms:
    1
    Don't miss this incredible opportunity to immerse yourself in the heart of the city! This modern studio is 393 sqft + a 30 sqft balcony and offers a combination of location, amenities, functional layout and lifestyle. Recently constructed, this spacious studio suite boasts an efficient layout, high ceilings, and a modern kitchen complete with built-in appliances. Enjoy the convenience of ensuite laundry, a separate locker for storage, balcony and a 4Pc bath. The building itself is a modern masterpiece, packed with top-notch amenities including an outdoor terrace with BBQs, a spacious gym, co-working space, a kids zone, and a vibrant party room. With TTC and highway access nearby, as well as the Pam McConnell Aquatic Centre next door, you'll have everything you need within reach. Parks, schools, shopping, and dining options are all just steps away, making this property an ideal investment or pied-a-terre. More details
    Listed by RE/MAX CONDOS PLUS CORPORATION
    LISTING DETAILS
    DARYL KING

  • Suite 760 123 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12721838

    Suite 760 123 Omni Drive Bendale Toronto M1P 5A8
    Main Photo: Suite 760 123 Omni Drive in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12721838

    Suite 760 123 Omni Drive Toronto M1P 5A8 Bendale

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12721838
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to the award-winning Tridel built Forest Mansion II gated community! Make this freshly renovated, centrally located, bright and spacious condo your next home! Updated kitchen features all new stainless steel appliances, quartz countertops and backsplash. Generous sized bedroom features new laminate flooring and walk-in closet. New light fixtures throughout. All inclusive utilities, steps to Scarborough Town Centre, shopping and TTC/GO, with easy access to 401, this luxury condo offers excellent amenities, including 24 hour gatehouse/concierge, an indoor pool with hot tub and sauna, well-equipped gym, games room including billiards, table tennis, air hockey and foosball, playroom, party room, theatre room, library, guest suites, outdoor walking paths, and a barbecue/picnic area. Come discover all it has to offer today! More details
    Listed by RE/MAX IMPACT REALTY
    LISTING DETAILS
    DARYL KING

  • 508 660 Eglinton Avenue W in Toronto: Forest Hill North Condo Apartment for sale (Toronto C04) : MLS®# C12716166

    508 660 Eglinton Avenue W Forest Hill North Toronto M5N 1C3
    Main Photo: 508 660 Eglinton Avenue W in Toronto: Forest Hill North Condo Apartment for sale (Toronto C04) : MLS®# C12716166

    508 660 Eglinton Avenue W Toronto M5N 1C3 Forest Hill North

    $394,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12716166
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Vincent Court, an Art Deco inspired co-ownership building located in exclusive Forest Hill, offering outstanding value as an affordable alternative to pricey new condos and long-term renting. This west facing 1 bed 1 bath suite offers approx. 700 sq ft of interior living plus a private balcony with an open view overlooking mature trees. Bright and spacious interior with a functional layout, no wasted space, and a low price per square foot value. Wood and tile flooring, crown moulding, and ample storage throughout. Tastefully updated eat-in kitchen with island, cook top, wall oven, mirrored backsplash and workspace. Open concept living has custom entertainment built-ins and an abundance of natural light with large windows. Over sized bedroom and cheerful renovated bathroom with geometric tile will impress! Monthly maintenance fee includes property taxes AND utilities (except hydro), helping keep monthly costs predictable. Building features a common area terrace with BBQs. You won't need a car with the Chaplin LRT Station a 2 minute walk away. Steps to 9km Beltline nature trail for walking and biking. Close to shops along Eglinton, Spadina Village, restaurants, parks, tennis court, library, and top rated schools. More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 209 27 Rean Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15) : MLS®# C12717266

    209 27 Rean Drive Bayview Village Toronto M2K 0A6
    Main Photo: 209 27 Rean Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15) : MLS®# C12717266

    209 27 Rean Drive Toronto M2K 0A6 Bayview Village

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12717266
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Merci Condos at 27 Rean. This bright and spacious 1 + 1 unit is vacant and move in ready for its next owner. The open concept layout offers a comfortable living space with a full usable den perfect for a home office or guest area. The kitchen has plenty of storage and flows nicely into the living room with walk out access to a private balcony. The bedroom is generously sized with large windows and a full closet. Parking and locker are included for added convenience. Located in the heart of Bayview Village, you are just steps to the subway, Bayview Village Shopping Centre, restaurants, parks, and quick access to the 401. This boutique building offers great amenities including a fitness room, party room, rooftop terrace, and visitor parking. A great opportunity for first time buyers, investors, or anyone looking for a clean and well managed place to call home. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 821 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12718526

    821 251 Jarvis Street Church-Yonge Corridor Toronto M5B 0C3
    Main Photo: 821 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12718526

    821 251 Jarvis Street Toronto M5B 0C3 Church-Yonge Corridor

    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12718526
    Bedrooms:
    1
    Bathrooms:
    1
    Prime Location, Luxury Condo Building In The Prime Location Near Dundas Square Gardens! Open Concept, Spacious Living & Dining W/ Walkout To Oversized Balcony. Floor To Ceiling Windows Bring Abundance Of Natural Lighting. Contemporary Finishes Include Laminate Flooring, S/S Appliances, Quartz Countertop, Porcelain Backsplash. TTC At Doorstep. Starbucks On The Ground Floor. Walking Distance To Eaton's Centre, Subway, Metro, Loblaws And Toronto Metropolitan University. More details
    Listed by HOMELIFE/VISION REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 511 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12719082

    511 5 Valhalla Inn Road Islington-City Centre West Toronto M9B 0B1
    Main Photo: 511 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12719082

    511 5 Valhalla Inn Road Toronto M9B 0B1 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12719082
    Bedrooms:
    2
    Bathrooms:
    1
    This well-appointed 5th-floor 1-bedroom + den condo in the sought-after Valhalla community offers just under 700 sq. ft. of thoughtfully designed living space. The open-concept layout is enhanced by floor-to-ceiling windows, filling the home with natural light. The versatile den, measuring 8 x 8 feet, is ideal for a home office or potential second bedroom. An additional office nook is conveniently located within the main living area.The kitchen is both functional and stylish, featuring a large movable island and a pantry for added storage. The spacious bedroom comfortably accommodates a queen-sized bed and includes both a walk-in closet and a separate linen closet.Residents of Valhalla enjoy an exceptional array of amenities, including 24-hour concierge service, multiple fully equipped gyms, an indoor pool and hot tub, yoga studios, saunas, a theatre room, billiards, a children's playroom, and two party rooms. Three guest suites are also available for rental. The building is pet-friendly, permitting up to two pets per unit.Ideally located near the parking space and storage locker on the 3rd floor, this condo also benefits from low-cost internet options and a no short-term rental policy-offering both comfort and peace of mind in a well-managed community. More details
    Listed by RE/MAX GOLD REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 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
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Data was last updated January 23, 2026 at 01:15 AM (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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