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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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  • 1121 3270 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05) : MLS®# E12561258

    1121 3270 Sheppard Avenue E Tam O'Shanter-Sullivan Toronto M1T 3K3
    Main Photo: 1121 3270 Sheppard Avenue E in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05) : MLS®# E12561258

    1121 3270 Sheppard Avenue E Toronto M1T 3K3 Tam O'Shanter-Sullivan

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12561258
    Bedrooms:
    1
    Bathrooms:
    1
    Excellent Investment Opportunity - **Assignment Sale** Brand-new condominium offering a fantastic investment opportunity. This stylish 1-bedroom unit features stunning east-facing views and a contemporary open-concept layout that combines convenience with luxury. Located on the 11th floor with soaring 9-foot ceilings, it includes 1 parking spot and 1 storage locker. Its prime location provides excellent connectivity to major highways such as HWY 404 and HWY 401, Don Mills Subway, and Agincourt GO stations. Close to Fairview Mall and numerous shops right at your doorstep, residents can enjoy modern amenities including a gym, outdoor swimming pool, yoga studio, social lounge, and rooftop BBQ terrace. Don't miss out on this exceptional chance for future growth and rental income potential! More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • #802 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12562050

    #802 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: #802 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E12562050

    #802 3050 Ellesmere Road Toronto M1E 5E6 Morningside

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12562050
    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

  • 508 660 Eglinton Avenue W in Toronto: Forest Hill North Condo Apartment for sale (Toronto C04) : MLS®# C12562504

    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®# C12562504

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

    $394,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12562504
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Vincent Court, an Art Deco inspired co-ownership building located in exclusive Forest Hill. 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 and no wasted space. 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 bath with geometric tile will impress! Monthly maintenance fee includes property taxes and utilities (except hydro), excellent value in prime location at Eglinton Avenue West and Spadina Road. Building features a common area terrace with BBQs. Parking spot is a rental. Steps to TTC, soon to open Chaplin LRT station, 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

  • 5 1648 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12557252

    5 1648 Bathurst Street Humewood-Cedarvale Toronto M5P 3J7
    Main Photo: 5 1648 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12557252

    5 1648 Bathurst Street Toronto M5P 3J7 Humewood-Cedarvale

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12557252
    Bedrooms:
    1
    Bathrooms:
    1
    This newly renovated 687sf one-bedroom co-ownership apartment offers incredible value in one of Torontos most desirable midtown neighbourhoods. Set within a charming solid-brick 1935 brownstone walk-up, the residence features generous room proportions, high ceilings, and timeless architectural appeal. Large west-facing windows fill the space with natural light, showcasing newly refinished hardwood floors, fresh paint, upgraded lighting and more. The spacious eat-in kitchen ft. granite countertops, a new custom backsplash, full-size stainless steel appliances and room for both dining and a home office or den. The bedroom offers wall-to-wall closet with b/I organizers and space for both a king bed and furniture - an ideal balance of comfort and functionality. The recently renovated bathroom provides a fresh, stylish retreat with updated finishes and fixtures. At an asking price of just $389,000 and monthly fees that include all utilities and property taxes, owning this home maybe surprisingly within reach; a great wealth building and lifestyle opportunity. Steps to St. Clair West and Eglinton, residents enjoy a wealth of amenities, shops, cafes, parks and restaurants. The new 'Forest Hill' LRT station (13min walk), rumoured to go online in 2026; will enhance excellent transit connections. Being walking distance (15min) to the subway; travel is easy around the city. Drivers benefit from quick access to major routes, while enjoying private parking for 1-2 vehicles (rental) on the property. Great for cycling also & bike storage available inside the building! Enjoy a short, beautiful stroll to the incredible Cedarvale Park/Greenbelt! The surrounding residential, low-density setting creates a quiet, welcoming atmosphere rarely found this close to downtown and so affordably. Perfect for first-time buyers, down-sizers, investors or those seeking a prime mid-town pied-a-terre, this large and lovely sun-filled, stylish home combines character, convenience & unbeatable value. More details
    Listed by CHESTNUT PARK REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 405 1 Pemberton Avenue in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12558442

    405 1 Pemberton Avenue Newtonbrook East Toronto M2M 4L9
    Main Photo: 405 1 Pemberton Avenue in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12558442

    405 1 Pemberton Avenue Toronto M2M 4L9 Newtonbrook East

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12558442
    Bedrooms:
    1
    Bathrooms:
    1
    Location, location, location! Welcome to this fully renovated and move-in ready 1 bedroom suite in the heart of Yonge & Finch, offering unbeatable convenience with direct underground access to the Subway/TTC. This bright east facing unit provides peaceful exposure away from traffic along with an open balcony and large windows that fill the space with natural light. Step inside to find brand new luxury vinyl flooring and baseboards, and fresh paint throughout. The beautifully renovated kitchen features quartz countertops, new stainless steel appliances, modern hardware, and a functional pass-through design overlooking the living/dining area. The spacious bedroom offers a large window and double closet, while the stunning fully renovated 4-piece bathroom showcases elegant large-format porcelain tiles, a modern vanity with quartz counter, new fixtures, and a clean designer look. Additional features include ensuite laundry, 1 underground parking, and 1 locker. Located in the highly sought-after McKee & Earl Haig school district, and just steps to TTC, Viva, GO Transit, restaurants, shops, parks, and all amenities. Condo fees include all utilities, adding exceptional value. Perfect for both investors and end-users making this is an opportunity not to be missed in one of North York's most connected neighbourhoods! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1611 2020 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12558860

    1611 2020 Bathurst Street Humewood-Cedarvale Toronto M5P 0A6
    Main Photo: 1611 2020 Bathurst Street in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12558860

    1611 2020 Bathurst Street Toronto M5P 0A6 Humewood-Cedarvale

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12558860
    Bathrooms:
    1
    Price To Sell! Welcome To The Luxurious Forest Hill Condos. This West-facing Spacious Studio Apartment Is Quiet With Gorgeous View, Featuring 9 Ft Ceiling, Floor To Ceiling Windows With Laminate Flooring Throughout. Beautiful Kitchen With Quartz Counters, S.S. Appliances With B/I Fridge And Dishwasher. Practical Floor Plan. Amenities Include Yoga Studio, Fitness Room, Outdoor Terrace with BBQ Stations, and 24/7 Concierge. Starbucks And Dollarama Is Just Downstairs. Convenient Location With Direct Access To Upcoming Eglinton LRT Forest Hill Station, Direct TTC Access To Forest Hill Station. Steps To Grocery, Restaurants, Shopping. Close to Yorkdale Mall, 401 And Allen Rd. Internet Included In The Maintenance Fee. Existing AAA Tenant, Contracted until July 1, 2026, Is Willing To Stay. Good Investment Opportunity. More details
    Listed by BESTWAY REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1209 121 Ling Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12560486

    1209 121 Ling Road West Hill Toronto M1E 4Y2
    Main Photo: 1209 121 Ling Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E12560486

    1209 121 Ling Road Toronto M1E 4Y2 West Hill

    $400,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12560486
    Bedrooms:
    2
    Bathrooms:
    2
    Discover incredible value in this exceptionally maintained building featuring 24-hour concierge, beautifully manicured grounds, and a full roster of amenities. Perfectly located across from Ravine Park Plaza with No Frills, Shoppers, banks, medical offices, restaurants and cafés just steps from your door. Public transit is right outside, with quick access to Kingston Road and the 401. Schools, daycares, parks, and the Heron Park Community Centre with skating, swimming, and programs for all ages are all nearby. Inside the unit, you'll find nearly 1100 square feet of bright, open living space with expansive treetop, neighbourhood, and Lake Ontario views from every room. The functional layout includes two bedrooms and two full bathrooms. One bedroom has been thoughtfully reconfigured so the closet sits in the hallway, maximizing usable space. Extremely clean and well cared for.This building is known for its warm, social community. Residents regularly enjoy organized craft nights, day trips, holiday events, and more. The property management team is praised for being proactive, responsive, and genuinely involved in resident care.A rare opportunity to purchase at an extremely attractive price point, giving you room to personalize finishes while benefiting from lower-than-average maintenance fees that include several utilities - even cable.If you're looking for a safe, quiet, well-kept building with excellent accessibility, walkability, and a true community feel, this hidden gem in a family-friendly neighbourhood is an outstanding choice. More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 210 3460 Keele Street in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12553794

    210 3460 Keele Street York University Heights Toronto M3J 1L9
    Main Photo: 210 3460 Keele Street in Toronto: York University Heights Condo Apartment for sale (Toronto W05) : MLS®# W12553794

    210 3460 Keele Street Toronto M3J 1L9 York University Heights

    $349,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12553794
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to unit 210 at 3460 Keele Street! 2 spacious bedrooms, 1 bath & 1 parking with your own private Garage! Budget with confidence as Maintenance fees includes all utilities, cable TV & even property taxes! Open floorplan with big windows allowing lots of natural light. Great floorplan with an open spacious living & dining space. Ensuite Storage room features stackable washer & dryer, sink + extra space! Amenities include: outdoor pool, tennis courts, kid's playground. Large Balcony ideal. Steps to TTC York University, Humber Hospital, Supermarkets, Big Box Stores, Downsview Park & more. An affordable & spacious unit ideal for investors, 1st time buyers or downsizing! More details
    Listed by ARMANI REALTY
    LISTING DETAILS
    DARYL KING

  • 507 555 Wilson Heights Boulevard in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06) : MLS®# C12554150

    507 555 Wilson Heights Boulevard Bathurst Manor Toronto M3H 6B5
    Main Photo: 507 555 Wilson Heights Boulevard in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06) : MLS®# C12554150

    507 555 Wilson Heights Boulevard Toronto M3H 6B5 Bathurst Manor

    $390,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12554150
    Bedrooms:
    1
    Bathrooms:
    1
    Super Clean Unit In Low Rise Building! Walking Distance To Downsview Subway! Subway To York U/Yorkdale Mall! Ensuite Laundry! Cosy 700 Sq. Ft. Plus Balcony! Central Location, Close To 401 & Allen Expwy! Sunny SW Exposure! 5 Appliances Included! More details
    Listed by MINCOM SOLUTIONS REALTY INC.
    LISTING DETAILS
    DARYL KING
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  • 906 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12555042

    906 50 Power Street Moss Park Toronto M5A 0V3
    Main Photo: 906 50 Power Street in Toronto: Moss Park Condo Apartment for sale (Toronto C08) : MLS®# C12555042

    906 50 Power Street Toronto M5A 0V3 Moss Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12555042
    Bedrooms:
    1
    Bathrooms:
    1
    Enjoy abundant sunlight in this east-facing 1-bedroom, 1-bath suite featuring a spacious balcony and floor-to-ceiling windows that fill the home with natural light. The functional open layout includes stainless steel appliances. Amenities offer a 24-hour concierge, outdoor pool, gym, rooftop terrace, and creative studios. Steps from transit, dining, and the Distillery District with easy highway access. Ideal for both self-use and investment-secure positive returns while living or renting in a sunlit urban retreat. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 4003 7 Mabelle Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12554730

    4003 7 Mabelle Avenue Islington-City Centre West Toronto M9A 0C9
    Main Photo: 4003 7 Mabelle Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12554730

    4003 7 Mabelle Avenue Toronto M9A 0C9 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12554730
    Bedrooms:
    1
    Bathrooms:
    1
    Commanding the sky from the 40th floor, this meticulously maintained one-bedroom, one-bathroom residence by Tridel offers a rare opportunity for immediate possession. Soaring floor-to-ceiling windows frame a breathtaking panorama that sweeps over the lush fairways of the Islington Golf Club, the dynamic Mississauga skyline, and glimpses of the lake beyond.The open-concept layout is bathed in soft, ambient light, creating a serene and sophisticated atmosphere. This turnkey suite also includes a convenient storage locker.Indulge in a world-class, resort-style amenity package, featuring 24/7 concierge, an indoor pool, hot tub, saunas, a basketball court, private theatre, and outdoor BBQ areas. Situated in an unbeatable location, you're just moments from the Islington TTC and GO Transit, with a vibrant array of shops and restaurants at your doorstep. This is more than a home-it's an elevated lifestyle. More details
    Listed by CENTURY 21 HERITAGE GROUP LTD.
    LISTING DETAILS
    DARYL KING

  • 1609 840 Queens Plate Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12556346

    1609 840 Queens Plate Drive West Humber-Clairville Toronto M9W 6Z3
    Main Photo: 1609 840 Queens Plate Drive in Toronto: West Humber-Clairville Condo Apartment for sale (Toronto W10) : MLS®# W12556346

    1609 840 Queens Plate Drive Toronto M9W 6Z3 West Humber-Clairville

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12556346
    Bedrooms:
    2
    Bathrooms:
    1
    Unparalleled panoramic views from the city skyline to the CN Tower await in this 1-bedroom plus den (ideal as a 2nd bedroom or office) suite at the prestigious The Lexington Condominium. With soaring up to 10-foot ceilings, every day is bathed in natural light and features lower-penthouse-style volume. Situated directly across from Woodbine Mall and Woodbine Racetrack and just minutes to Humber College, Etobicoke General Hospital, and Pearson International Airport, the home offers seamless highway access via Hwy 27, 427, 409, 401 & 407. Future transit enhancements add sweet value: the upcoming Finch LRT and a planned GO Station will be steps away. This rare offering includes one parking space, one locker, stainless steel appliances, in-suite laundry, fresh paint, and vinyl flooring, combining for a luxurious lifestyle in an unbeatable location. More details
    Listed by EXP REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated November 20, 2025 at 04:15 PM (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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