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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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  • 320 50 Oneill Road in Toronto: Banbury-Don Mills Condo Apartment for sale (Toronto C13) : MLS®# C12791340

    320 50 Oneill Road Banbury-Don Mills Toronto M3C 0R1
    Main Photo: 320 50 Oneill Road in Toronto: Banbury-Don Mills Condo Apartment for sale (Toronto C13) : MLS®# C12791340

    320 50 Oneill Road Toronto M3C 0R1 Banbury-Don Mills

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12791340
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome To Rodeo At Shops At Don Mills, A Stylish And Highly Sought-After Residence In The Heart Of Midtown Toronto, Offering Unmatched Convenience With Premium Shopping, Fine Dining, Parks, Schools, And Community Amenities Just Steps Away.This Beautifully Designed 1 Bedroom + Enclosed Den Suite Features An Extremely Functional Layout With No Wasted Space. The Enclosed Den Is Ideal As A Second Bedroom Or Home Office. Enjoy Bright Open-Concept Living With 9-Ft Ceilings And Modern Finishes Throughout.Fully West-Facing With Floor-To-Ceiling Windows, The Unit Is Filled With Abundant Natural Sunlight Throughout The Day And Offers Beautiful Open City Views From The Spacious Private Balcony.The Contemporary Kitchen Features Integrated Miele Appliances, Quartz Countertops, And Sleek Cabinetry. The Spacious Primary Bedroom Offers Excellent Natural Light And Comfortable Living Space.Includes 1 Underground Parking Space And 1 Locker.Enjoy Exceptional Building Amenities Including 24-Hour Concierge, Fitness Centre, Pet Spa, Party Lounge, Outdoor Pool, Hot Tub, Landscaped Terrace With BBQ Areas, And More.Unbeatable Location Steps To Shops At Don Mills And Minutes To DVP, Hwy 401, TTC Transit, And The Upcoming Eglinton Crosstown LRT.A Perfect Opportunity For End Users Or Investors Seeking Modern Urban Living In A Vibrant Lifestyle Community. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 708 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12791460

    708 915 Midland Avenue Eglinton East Toronto M1K 4G1
    Main Photo: 708 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12791460

    708 915 Midland Avenue Toronto M1K 4G1 Eglinton East

    $360,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12791460
    Bedrooms:
    1
    Bathrooms:
    1
    Your Perfect First Home Starts Here! Add Your Personal Touch at 915 Midland Ave #708! Step into homeownership with this bright, well-kept 1-bedroom perched on the 7th floor. The open-concept layout, large windows, and sunny outlook create a welcoming canvas ready for your paint colours, decor, and future updates to make it truly yours. Enjoy a spacious living/dining area, an efficient kitchen you can modernize over time, and a generously sized bedroom with ample closet space. Its move-in ready today, with room to grow as your budget and style evolve. All-inclusive maintenance fees (Heat, Hydro & Water!) 1 parking space + Transit-friendly location TTC at your door & near Lawrence East Station Close to groceries, schools, parks & everyday conveniences. Why not start building equity on your terms? This is the affordable entry point you've been waiting for, with the flexibility to personalize at your pace. Act fast opportunities like this don't last. Book your private showing today! Some photos are virtually staged. More details
    Listed by REAL ESTATE HOMEWARD
    LISTING DETAILS
    DARYL KING

  • 510 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12791442

    510 5 Valhalla Inn Road Islington-City Centre West Toronto M9B 0B1
    Main Photo: 510 5 Valhalla Inn Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12791442

    510 5 Valhalla Inn Road Toronto M9B 0B1 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12791442
    Bedrooms:
    2
    Bathrooms:
    1
    This 5th floor, 1-bedroom + den condo in Valhalla offers just under 700 sq ft of living space with an open-concept layout and floor-to-ceiling windows. The den, measuring 8 x 8 feet, can serve as an office or potential second bedroom. The main living area includes an additional office nook, while the kitchen features a large movable island and pantry. The bedroom, which fits a queen bed, has a walk-in and a linen closet. Recent updates include bedroom laminate flooring (2016), a Bosch washer and dryer (2018), a Bosch dishwasher (2022), pull down window blinds (2024) and front entrance sliding mirror closet doors (2025). Valhalla provides numerous amenities for residents. The building offers 24-hour concierge service, multiple gyms, an indoor pool and hot tub, yoga rooms, saunas, a theatre room, a billiard room, a children's play room, and two party rooms. Three guest suites are available for rental, and the building is pet-friendly, allowing two pets per unit. The condo's location near the parking spot and storage on the 3rd floor adds convenience. With low-cost internet options and a policy against short-term rentals, Valhalla combines comfort and practicality for its residents. More details
    Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE
    LISTING DETAILS
    DARYL KING

  • 218 60 George Butchart Drive in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12790418

    218 60 George Butchart Drive Downsview-Roding-CFB Toronto M3K 0E1
    Main Photo: 218 60 George Butchart Drive in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12790418

    218 60 George Butchart Drive Toronto M3K 0E1 Downsview-Roding-CFB

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12790418
    Bathrooms:
    1
    Bachelor condo apartment in Downsview "SATURDAY IN THE PARK" steps from Downsview Park with walking trails and acres of parkland! Cute and Cozy! The perfect investment close to all amenities and York University - Parents why not invest in this condo opportunity for your York University kids! Open concept layout! Some Interior Photographs Of The Unit Have Been Virtually Staged More details
    Listed by RE/MAX WEST REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2508 8 Widmer Street in Toronto: Waterfront Communities C1 Condo for sale (Toronto C01) : MLS®# C12790604

    2508 8 Widmer Street Waterfront Communities C1 Toronto M5V 0W6
    Main Photo: 2508 8 Widmer Street in Toronto: Waterfront Communities C1 Condo for sale (Toronto C01) : MLS®# C12790604

    2508 8 Widmer Street Toronto M5V 0W6 Waterfront Communities C1

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12790604
    Bathrooms:
    1
    AMAZING Modern, Efficiently Designed Studio Suite in the Heart of Toronto's Entertainment District. This bright and airy unit features floor-to-ceiling windows, a sleek kitchen with integrated appliances and quartz countertops, and a spa-inspired 4-piece bathroom with elegant finishes. With a smart open-concept layout, the space comfortably accommodates areas for living, dining, and sleeping, all while maximizing functionality and style. The building offers an impressive suite of amenities tailored to elevate your urban lifestyle. Residents enjoy access to a fully equipped fitness centre, a luxurious party and social lounge, a rooftop terrace with stunning views, a private screening room, and 24-hour concierge service. It also features modern security systems and thoughtfully designed common areas perfect for relaxation or remote work. Residents will enjoy luxury hotel-style living in the heart of the buzzing Theatre district. perfect Walk Score of 100/100 by visiting nearby attractions, such as The Rogers Centre, The Air Canada Centre, Ripley's Aquarium, only few mins walk from St. Andrew & Osgoode TTC station and steps from street cars/bus routes. Easy to access to financial district, University of Toronto, TMU, and George Brown College ,The Financial District, Queen West, TIFF Bell Lightbox, and a variety of top-tier restaurants, cafes, and shops are all nearby. Everyday essentials like grocery stores and pharmacies are easily accessible, Location is extremely convenient making this an ideal home base in one of the City's most connected and energetic neighbourhoods. More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 403 8 Tippett Road in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12790630

    403 8 Tippett Road Clanton Park Toronto M3H 0E7
    Main Photo: 403 8 Tippett Road in Toronto: Clanton Park Condo Apartment for sale (Toronto C06) : MLS®# C12790630

    403 8 Tippett Road Toronto M3H 0E7 Clanton Park

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12790630
    Bedrooms:
    1
    Bathrooms:
    1
    Smart, stylish, and impressively spacious - Unit 403 at 8 Tippett Road offers 524 sq.ft. of well-planned living space in this desirable 1-bedroom, 1-bathroom suite. Featuring a functional open-concept layout, a modern kitchen, and a generously sized bedroom, this unit is designed for comfortable city living without compromise.Perfect for first-time buyers or investors, this suite delivers both practicality and lifestyle, set within a well-connected neighbourhood steps to Wilson Subway Station, major highways, Yorkdale Mall, Grocery, Banks and Parks! More details
    Listed by CORNERSTONE MARKETING REALTY INC.
    LISTING DETAILS
    DARYL KING
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  • 503 3311 KINGSTON Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12785562

    503 3311 KINGSTON Road Scarborough Village Toronto M1M 1R1
    Main Photo: 503 3311 KINGSTON Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12785562

    503 3311 KINGSTON Road Toronto M1M 1R1 Scarborough Village

    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12785562
    Bedrooms:
    1
    Bathrooms:
    1
    ** LARGE ** SPACIOUS & BRIGHT ** 630 SQ. FT. ONE BEDROOM 1 ONE BATHROOM 1 CONDO ** IN SOUGHT-AFTER, WELL MAINTAINED & WELL CARED FOR CONDO BUILDING ** SURROUNDED BY ALL AMENITIES ** STEPS TO TTC, SHOPPING, SCHOOLS ** CLOSE TO "GO" STATION ** BUILDING AMENITIES INCLUDE OUTDOOR HEATED SWIMMING POOL, GYM, SAUNA, PARK ** 1 PARKING SPOT & 1 LOCKER INCLUDED **STEPS TO MANY WALKING TRAILS TO B-L-U-F-F-S & L*A*K*E* **LOW MAINTENANCE & TAXES ** MAINTENANCE INCLUDES EVERYTHING HEAT, HYDRO, WATER, & TV ** More details
    Listed by LAWLOR REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 413 20 Dean Park Road in Toronto: Rouge E11 Condo Apartment for sale (Toronto E11) : MLS®# E12786222

    413 20 Dean Park Road Rouge E11 Toronto M1B 3G9
    Main Photo: 413 20 Dean Park Road in Toronto: Rouge E11 Condo Apartment for sale (Toronto E11) : MLS®# E12786222

    413 20 Dean Park Road Toronto M1B 3G9 Rouge E11

    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12786222
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to 413-20 Dean Park Rd. This bright and spacious 790 sq ft condo ideally located at Meadowvale Rd & Hwy 401! This well-designed updated 1-bedroom, 1-bath unit features a generous living and dining area, functional layout, and an open balcony-perfect for relaxing or entertaining. Enjoy the convenience of one underground parking space and ample visitor parking. Just a 10-minute drive to U of T Scarborough Campus and Centennial College (Progress Campus), and only 5 minutes to the world-renowned Toronto Zoo. Commuters will love the quick access to Hwy 401 and nearby amenities. This well-maintained building offers exceptional amenities including an indoor pool, gym, tennis courts, recreation room, and even a car wash. An ideal opportunity for first-time buyers, downsizers, or investors seeking location, lifestyle, and value! More details
    Listed by RE/MAX ROUGE RIVER REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 903 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12786604

    903 5 Massey Square Crescent Town Toronto M4C 5L6
    Main Photo: 903 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E12786604

    903 5 Massey Square Toronto M4C 5L6 Crescent Town

    $365,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12786604
    Bedrooms:
    1
    Bathrooms:
    1
    Beautifully updated and extra spacious, this one-bedroom suite offers a large private balcony with stunning southwest views of downtown Toronto and the iconic CN Tower. Enjoy breathtaking sunsets and an abundance of natural light throughout. The modern kitchen features quartz countertops, a solid quartz backsplash, an undermount double sink, and soft-close cabinetry - ideal for both everyday living and entertaining. The refreshed bathroom includes a granite vanity and bright white tiled tub surround for a clean, contemporary look. The unit also features new closet doors, adding to its fresh, move-in-ready appeal. Perfect for first-time buyers, investors, or those looking to downsize, this well-managed building offers low maintenance fees and the convenience of rental parking and lockers available through property management. Residents enjoy access to a full range of premium amenities including 24/7 security, a fully equipped gym, indoor pool, sauna, racquet and squash courts, weight room, party and meeting rooms, visitor parking, and an underground car wash. Electric vehicle charging stations are also anticipated in the near future. This is a must-see opportunity in a prime location! More details
    Listed by KELLER WILLIAMS REFERRED URBAN REALTY
    LISTING DETAILS
    DARYL KING

  • 410 E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08) : MLS®# C12786644

    410 E 70 Princess Street Waterfront Communities C8 Toronto M5A 0X6
    Main Photo: 410 E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08) : MLS®# C12786644

    410 E 70 Princess Street Toronto M5A 0X6 Waterfront Communities C8

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12786644
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to Time & Space by Pembertona prime downtown address at Front & Sherbourne, steps to the Distillery District, St. Lawrence Market, TTC, and the Waterfront. This bright east-facing 1+Den, 2-bath suite features 9' smooth ceilings, premium wide-plank laminate floors, a modern kitchen with S/S appliances, and a private balcony. Enjoy resort-style amenities: infinity-edge pool, rooftop cabanas, BBQs, gym, yoga studio, and party & games roomsurban living at its best. With a Walk Score of 99 and Transit Score of 100, its perfect for investors or comfortable self-living. More details
    Listed by RC BEST CHOICE REALTY CORP
    LISTING DETAILS
    DARYL KING

  • 801 234 Albion Road in Toronto: Elms-Old Rexdale Condo Apartment for sale (Toronto W10) : MLS®# W12787710

    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®# W12787710

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

    $329,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12787710
    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

  • 905 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12788196

    905 170 Sumach Street Regent Park Toronto M5A 0C3
    Main Photo: 905 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12788196

    905 170 Sumach Street Toronto M5A 0C3 Regent Park

    $359,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12788196
    Bathrooms:
    1
    Step into this bright, like-new studio apartment featuring a sleek modern kitchen with built-in appliances, gleaming laminate floors throughout, and floor-to-ceiling windows that flood the space with natural light while offering clear city views. The smart, functional layout makes the most of every square foot-perfect for comfortable urban living. Enjoy the unbeatable location just steps from transit, parks, shopping, dining, and all the vibrant energy that Regent Park has to offer. The building offers top-notch amenities, including a gym, media room, concierge service, Party Room/Meeting Room, Sauna and squash/basketball courts, among many others. Ideal for first-time buyers, investors, or anyone seeking stylish city living in a dynamic neighbourhood. More details
    Listed by THE DIAMOND REALTY INC.
    LISTING DETAILS
    DARYL KING
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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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