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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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  • 120 42 Pinery Trail in Toronto: Malvern Condo Townhouse for sale (Toronto E11) : MLS®# E12364020

    120 42 Pinery Trail Malvern Toronto M1B 6K2
    OPEN HOUSE: Aug 30, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, August 30, 2025 2:00PM - 4:00PM
    OPEN HOUSE: Aug 31, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, August 31, 2025 2:00PM - 4:00PM
    Main Photo: 120 42 Pinery Trail in Toronto: Malvern Condo Townhouse for sale (Toronto E11) : MLS®# E12364020

    120 42 Pinery Trail Toronto M1B 6K2 Malvern

    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12364020
    Bedrooms:
    2
    Bathrooms:
    1
    This fully renovated 2-bedroom, 1-bath home is a standout choice for first-time buyers or anyone looking for stylish, low-maintenance living. Thoughtfully updated from top to bottom, it features brand-new Samsung appliances, a sleek new kitchen, a modern bathroom, and smooth ceilings throughout that give the space a clean, contemporary feel. The open-concept layout is bright and welcoming, and the unit is bathed in sunlight throughout the day, creating a warm and inviting atmosphere. Both bedrooms are generously sized with excellent closet space, making the home as functional as it is cozy. Located in a well-connected neighborhood, you'll have easy access to shopping, dining, public transit, a short drive to 401 and everyday essentials. With its fresh finishes and move-in-ready appeal, this home is the perfect place to start. More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 803 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12364389

    803 5949 Yonge Street Newtonbrook East Toronto M2M 3V8
    Main Photo: 803 5949 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12364389

    803 5949 Yonge Street Toronto M2M 3V8 Newtonbrook East

    $328,800
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12364389
    Bedrooms:
    2
    Bathrooms:
    1
    WOW! What An Amazing Opportunity! Very Spacious 1 Bedroom Plus A Den, Which Can Be Used As A Second Bedroom. 681 Sq Ft plus 89 Sq Ft balcony!!!This Beautifully Updated Property Offers Stunning Views From The Balcony And Is Close To All Amenities. Featuring New Floors, Fresh Paint, Updated Washroom And No Carpet. This Home Is Move-in Ready. The Price Cannot Be Beaten This Is A Must-See! MAINTENANCE INCLUDES All Utilities, Property Tax And Parking!!! Co-Ownership Unit! Mortgage Can Be Arranged though Credit Unions More details
    Listed by FOREST HILL REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • 908E 36 Lisgar Street in Toronto: Little Portugal Condo Apartment for sale (Toronto C01) : MLS®# C12364467

    908E 36 Lisgar Street Little Portugal Toronto M6J 3G2
    Main Photo: 908E 36 Lisgar Street in Toronto: Little Portugal Condo Apartment for sale (Toronto C01) : MLS®# C12364467

    908E 36 Lisgar Street Toronto M6J 3G2 Little Portugal

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12364467
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright and beautiful 1 bedroom & 1 bathroom unit w/ a large size open balcony! This unit offers floor-to-ceiling windows, an open-concept living area, modern kitchen w/stainless-steel appliances and is a perfect place for a first-time buyer to call home! The amenities at Edge on Triangle Park condos include 24-hour concierge/security services, a gym, a party room, visitor parking, guest suites, and a rooftop deck. Searching for hip bars, cafes, clubs and entertainment within walking distance from your new home? This location has it all! Enjoy a bike ride to Trinity Bellwoods Park to play a match of tennis and enjoy everything wonderful that Little Portugal has to offer. More details
    Listed by REAL BROKER ONTARIO LTD.
    LISTING DETAILS
    DARYL KING

  • 317 361 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12362750

    317 361 Front Street W Waterfront Communities C1 Toronto M5V 3R5
    Main Photo: 317 361 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12362750

    317 361 Front Street W Toronto M5V 3R5 Waterfront Communities C1

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12362750
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Unit 317 at 361 Front St W a stylish, south-facing condo perfectly positioned in the heart of downtown Toronto. Overlooking the quiet outdoor courtyard with views of the iconic Rogers Centre, this bright and modern unit features updated flooring throughout and bold black feature walls that add a sleek, contemporary touch. Live steps away from Harbourfront, Ripleys Aquarium, Rogers Centre, Scotiabank Arena, The Well shopping mall, and the CN Tower, with multiple grocery stores, shops, and cafes all within walking distance. Students and professionals will appreciate the proximity to top universities including the University of Toronto, Toronto Metropolitan University, and OCAD University. Residents enjoy access to fantastic amenities such as a basketball court, swimming pool and sauna, outdoor courtyard, cinema room, party room, fully equipped gym, and available guest suites for visiting friends and family. This is downtown living at its finest modern, convenient, and connected to everything the city has to offer. More details
    Listed by EXP REALTY
    LISTING DETAILS
    DARYL KING

  • 104 1185 The Queensway Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12362826

    104 1185 The Queensway Avenue Islington-City Centre West Toronto M8Z 0C6
    Main Photo: 104 1185 The Queensway Avenue in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12362826

    104 1185 The Queensway Avenue Toronto M8Z 0C6 Islington-City Centre West

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12362826
    Bathrooms:
    1
    Welcome to this Rarely Offered Main Floor Studio Suite at IQ Condos! This spacious unit boasts soaring 10-ft ceilings and a private 65 sq-ft west-facing terrace with direct outdoor access. Floor-to-ceiling windows flood the open-concept layout with natural light, while abundant storage keeps the space functional and organized. The gourmet kitchen features granite countertops, a breakfast bar, and double stainless steel sink, while sleek wood floors throughout make cleaning and maintenance a breeze. Residents enjoy 5-star amenities including an indoor pool, fitness centre, rooftop patio, and 24-hour concierge. Set in the rapidly growing Queensway neighbourhood, you'll love the convenience of being steps to IKEA, Costco, Sherway Gardens, Cineplex, grocery stores, plus quick access to the QEW, Gardiner, TTC, and GO Transit. Perfect for first-time buyers or downsizers, this suite also comes with the bonus of owned parking and locker - a true rarity! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 1115 8 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12363411

    1115 8 Lee Centre Drive Woburn Toronto M1H 3H8
    Main Photo: 1115 8 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12363411

    1115 8 Lee Centre Drive Toronto M1H 3H8 Woburn

    $396,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12363411
    Bedrooms:
    1
    Bathrooms:
    1
    Ideal for Professionals and Small Family!!! Prime Location! Bright & Spacious One Bedroom Unit, Move-In Condition on a Higher Floor With Unobstructed View And En-suite Laundry. Kitchen with New Countertops and Sink, Newer Fridge & Washer. All Utilities Included in Maintenance Fee! Classic Building with Concierge, Indoor Pool, Sauna, Gym, Ping Pong, Party Room, Badminton/Squash and lots more. Includes One Parking & One Locker. Conveniently located, Right Off Of Hwy 401, Mins To Scarborough Town Centre, TTC, Go Train, U Of T, & Centennial College. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 741 26 Gibbs Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12363384

    741 26 Gibbs Road Islington-City Centre West Toronto M9B 6L6
    Main Photo: 741 26 Gibbs Road in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12363384

    741 26 Gibbs Road Toronto M9B 6L6 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12363384
    Bedrooms:
    3
    Bathrooms:
    2
    Fabulous, Park Terraces At Valhalla Town Square Low-Rise Building. Spacious 2 Bedroom 2Bathroom Suite. Large Windows, Modern Style Kitchen With Built In Fridge & Dishwasher, Island, Laminate Flooring Throughout, Kitchen Backsplash And Glass Shower Ensuite So Much More. Very Comfortable And Functional Space. Walking Distance To Cloverdale Mall, Loblaws, Restaurants, Parks. Luxurious Amenities - Outdoor Pool, Gym, Party Room, Media Room, Bbq Terrace, Sauna, Library, Children's Playground. Direct Access To Hwys #427, 401, Qew/Gardiner Expwy. More details
    Listed by HOMELIFE FRONTIER REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 312 88 Sheppard Avenue E in Toronto: Willowdale East Condo Apartment for sale (Toronto C14) : MLS®# C12363591

    312 88 Sheppard Avenue E Willowdale East Toronto M2N 0G9
    Main Photo: 312 88 Sheppard Avenue E in Toronto: Willowdale East Condo Apartment for sale (Toronto C14) : MLS®# C12363591

    312 88 Sheppard Avenue E Toronto M2N 0G9 Willowdale East

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12363591
    Bathrooms:
    1
    Prime location at Centre of North York. Luxury And Convenient Minto 88 Condo. Rarely Offered Corner Studio Suite with Large Terrace. Modern Open-Concept Layout. Seller Willing to Lease Back! Seller Changed Flooring and did Fresh Painting in 2021. Amazing Amenities Including Large Gym, BBQ Area, Outdoor Patio, Yoga Studio and More! Walking Distance To Sheppard TTC Station, Malls, Grocery, Restaurants, Civic Centre. Minutes Drive To Hwy 401 & 404. Don't Miss This Opportunity! More details
    Listed by MAPLE LIFE REALTY INC.
    LISTING DETAILS
    DARYL KING

  • A402 160 CANON JACKSON Drive in Toronto: Beechborough-Greenbrook Condo Apartment for sale (Toronto W04) : MLS®# W12361713

    A402 160 CANON JACKSON Drive Beechborough-Greenbrook Toronto M6M 0B6
    Main Photo: A402 160 CANON JACKSON Drive in Toronto: Beechborough-Greenbrook Condo Apartment for sale (Toronto W04) : MLS®# W12361713

    A402 160 CANON JACKSON Drive Toronto M6M 0B6 Beechborough-Greenbrook

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12361713
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this charming 1-bedroom unit in Daniels Keelesdale Phase 1, nestled within a boutique building. Bright and inviting, the suite boasts southeast-facing views from a spacious bedroom and a private balconyi deal for relaxing or entertaining. The open-concept layout features sleek quartz countertops, convenient in-suite laundry, and wide plank laminate flooring throughout. Located close to transit, Yorkdale Shopping Centre, grocery stores, libraries, schools, and major highways 401 and 400, this vibrant and sought-after community offers everything you need right at your doorstep. More details
    Listed by THE CANADIAN HOME REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1116 1346 Danforth Road in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12360648

    1116 1346 Danforth Road Eglinton East Toronto M1J 0A9
    OPEN HOUSE: Aug 30, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, August 30, 2025 2:00PM - 4:00PM
    OPEN HOUSE: Aug 31, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, August 31, 2025 2:00PM - 4:00PM
    OPEN HOUSE: Aug 31, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, August 31, 2025 2:00PM - 4:00PM
    Main Photo: 1116 1346 Danforth Road in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12360648

    1116 1346 Danforth Road Toronto M1J 0A9 Eglinton East

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12360648
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome To Danforth Village Estates! This Fully Renovated, Sun-Filled One-Bedroom Suite Combines Modern Comfort With Stylish Finishes Ideal For First-Time Home Buyers, A Small Family, Or A Couple. Freshly Painted And Featuring Brand-New Flooring Throughout, The Home Offers A Spacious Open-Concept Living And Dining Area That Flows Seamlessly Into A Gourmet Kitchen With Never-Used Stainless Steel Appliances, Sleek Quartz Countertops, A Large Island, And A Chic Breakfast Bar. Step Outside To Enjoy A Private Terrace, Perfect For Relaxing Or Entertaining. Residents Also Benefit From Premium Building Amenities, Including A Party Room And Gym. Conveniently Located Just Steps To The TTC, GO Station, Schools, Parks, The Upcoming Eglinton Line, And Everyday Shopping At Walmart, No Frills, Cafés, And Restaurants. This Move-In-Ready Residence Comes Complete With An Ensuite Washer And Dryer Plus One Underground Parking Space. Don't Miss This Opportunity. Book Your Showing Today! More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2403 65 Bremner Boulevard in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12361157

    2403 65 Bremner Boulevard Waterfront Communities C1 Toronto M5J 0A7
    Main Photo: 2403 65 Bremner Boulevard in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12361157

    2403 65 Bremner Boulevard Toronto M5J 0A7 Waterfront Communities C1

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12361157
    Bathrooms:
    1
    Enjoy breathtaking views of the CN Tower and Lake Ontario from this stylish, freshly painted studio. Featuring hardwood floors, a modern kitchen with granite counters and stainless steel appliances, plus a large balcony perfect for relaxing.Located in the heart of downtown, with the TTC at your doorstep and just steps to the Harbourfront, Financial District, and Entertainment District. The building connects directly to the underground PATH and Union Station, making commuting effortless.Everyday conveniences are right outside your door with Longos, LCBO, and groceries within walking distance. Residents also enjoy world-class amenities, second to none. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 1005 2 Glamorgan Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12359256

    1005 2 Glamorgan Avenue Dorset Park Toronto M1P 2M8
    Main Photo: 1005 2 Glamorgan Avenue in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12359256

    1005 2 Glamorgan Avenue Toronto M1P 2M8 Dorset Park

    $378,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12359256
    Bedrooms:
    1
    Bathrooms:
    1
    No stone unturned in this recently fully renovated bright and spacious south facing condo unit. This unit offers all day natural sunlight that shines through the end to end south facing balcony window where you can walkout to the large open balcony to enjoy the sunny view. Remodeled spacious kitchen with breakfest area, brand new, cabinets, quartz countertops, backsplash, all new plumbing finished with a Moen sink faucet. Includes stainless steel stove, fridge and hood range. Let's not forget the newly renovated bathroom, with the state of the art top quality vanity mirror, bathtub, all new vinyl flooring, new plumbing with copper pipes and moen faucets. High end light fixtures throughout, new mirror closets with convenient storage racks & shelves. All interior doors replaced, entire unit freshly painted including ceilings. The list goes on!!! Be the first to move in and enjoy all these brand new upgrades! This building comes with high reputation of cleanliness and low maintenance fees. Amenities include gym, library, party room & laundry room on the main floor. Lots of visitor parking & remote entry through buzzer for your visitors. Close to major highways, public transit and lots and lots of shopping!!! Don't miss this opportunity to move into this awsome home!!! More details
    Listed by CENTURY 21 LEADING EDGE REALTY INC.
    LISTING DETAILS
    DARYL KING
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Data was last updated August 27, 2025 at 02:15 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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