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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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  • 101 57 Neptune Drive in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12689678

    101 57 Neptune Drive Englemount-Lawrence Toronto M6A 1X2
    Main Photo: 101 57 Neptune Drive in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12689678

    101 57 Neptune Drive Toronto M6A 1X2 Englemount-Lawrence

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12689678
    Bedrooms:
    5
    Bathrooms:
    1
    Spacious, bright 2-bedroom corner suite in boutique co-op building.Amazing value in central location. Low monthly fees include storage locker, heat, water and Realty Taxes. Parking available for unit, $27 per month. Close to schools, places of worship, parks and shops + cafés on Bathurst. T.T.C. bus at door to subway + Yorkdale. Buyer to verify dimensions + fees. Purchase conditional upon Board approval. Finance avail. through Duca Credit Union w/ 30% down, subject to qualification. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    LISTING DETAILS
    DARYL KING

  • 113 3655 Kingston Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12685326

    113 3655 Kingston Road Scarborough Village Toronto M1M 1S2
    Main Photo: 113 3655 Kingston Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12685326

    113 3655 Kingston Road Toronto M1M 1S2 Scarborough Village

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12685326
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this beautifully appointed ground-level suite, where modern design meets effortless living in one of Scarborough's most vibrant communities. This stylish one-bedroom home offers a bright, open-concept layout that feels both spacious and inviting. Large windows bring in an abundance of natural light, highlighting the clean lines, contemporary finishes, and carpet-free interior throughout. The sleek kitchen is thoughtfully designed with built-in appliances and ample cabinetry, flowing seamlessly into the living and dining space-perfect for hosting friends, enjoying quiet evenings at home, or working comfortably in a modern setting. The bedroom offers a peaceful retreat, while the well-finished bathroom and in-suite laundry complete this move-in-ready package.Step outside and discover a neighbourhood that truly has it all. You're surrounded by excellent transit options, everyday conveniences, and a growing mix of cafés, shops, and restaurants. Nearby waterfront trails, parks, and green spaces provide beautiful outdoor escapes just minutes away. Whether you're commuting, running errands, or enjoying a relaxing walk by the lake, everything you need is right at your fingertips. This is a perfect opportunity for first-time buyers, downsizers, or savvy investors looking to secure a home in a well-connected and fast-growing area.Although this unit does not include parking or a storage locker, both are available for purchase separately, giving buyers the flexibility to add these features as needed. More details
    Listed by REALTY ONE GROUP FLAGSHIP
    LISTING DETAILS
    DARYL KING

  • 905 2737 Keele Street in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12686248

    905 2737 Keele Street Downsview-Roding-CFB Toronto M3M 2E9
    Main Photo: 905 2737 Keele Street in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12686248

    905 2737 Keele Street Toronto M3M 2E9 Downsview-Roding-CFB

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12686248
    Bedrooms:
    1
    Bathrooms:
    1
    Experience refined luxury in this beautifully renovated unit, featuring breathtaking, unobstructed views. Freshly painted and finished with engineered hardwood floors, this bright and impeccably maintained suite offers a sophisticated and welcoming atmosphere. The contemporary kitchen boasts sleek design and brand-new 2023 appliances, perfect for both everyday living and effortless entertaining. The spa-inspired bathroom is a true showpiece, complete with elegant marble countertops, flooring, and wall tiles for a serene retreat. The primary bedroom includes thoughtfully designed custom closet organizers, maximizing both style and functionality. Enjoy fresh air and natural light from two charming Juliette balconies, along with the added convenience of ensuite laundry. This exceptional unit also includes one parking space and one locker for extra storage. Ideally located near Downsview Plaza, schools, and a public library, you'll have everyday essentials right at your doorstep. Commuters will appreciate the easy access to Highway 401 and the short bus ride to Wilson and Finch subway stations, making travel effortless across the city. This is a rare opportunity to call a truly stunning home. Book your private viewing today! More details
    Listed by MODERN SOLUTION REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 809 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12686562

    809 3 Marine Parade Drive Mimico Toronto M8V 3Z5
    Main Photo: 809 3 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12686562

    809 3 Marine Parade Drive Toronto M8V 3Z5 Mimico

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12686562
    Bedrooms:
    2
    Bathrooms:
    1
    Charming 1+1 Bedroom at Hearthstone by the Bay Retirement Condo. Retirement Living at it's Finest. Enjoy the freedom of condo ownership paired with the comfort of supportive retirement services at your fingertips. This east-facing 1-bedroom plus den and solarium suite is cute as a button and offers a bright, functional layout with a glimpse of the lake the perfect blend of comfort and convenience. Own your space while benefiting from a wide range of amenities designed to evolve with your needs. The mandatory Club Package includes: housekeeping, dining room credit for meals, fitness and wellness programs, 24-hour nurse on duty, social activities, and a shuttle to local amenities. Start with the essentials and add services a la carte as desired. Step inside and feel right at home. Peaceful, secure, and perfectly suited to your next chapter! Mandatory Club Package $1990.85 +Hst per month. For a second/additional occupant, it's $274.34 +Hst per month. More details
    Listed by Royal Lepage Real Estate Associates, Larose Team
    LISTING DETAILS
    DARYL KING

  • 1410 375 King Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12687066

    1410 375 King Street W Waterfront Communities C1 Toronto M5V 1K5
    Main Photo: 1410 375 King Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12687066

    1410 375 King Street W Toronto M5V 1K5 Waterfront Communities C1

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12687066
    Bathrooms:
    1
    Bright and efficiently designed studio condo at M5V Condominiums in the heart of King West, an excellent opportunity for first-time buyers, investors, or a low-maintenance pied-à-terre for weekday commuters. This contemporary loft-style unit features soaring ceilings with exposed concrete, floor-to-ceiling windows, and a well-planned open-concept layout that comfortably accommodates living, dining, and sleeping areas. Modern kitchen with full-sized stainless steel appliances, sleek cabinetry, and generous storage. Updated vinyl flooring (December 2025) throughout. Large southwest-facing balcony that feels like a private terrace, providing excellent natural light and afternoon sun. Located at 375 King Street West, just steps to The Well, transit, restaurants, cafés, shopping, and Toronto's downtown core. Exceptional walkability in one of the city's most established and desirable condo neighbourhoods. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 1410 49 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12687142

    1410 49 East Liberty Street Niagara Toronto M6K 0B2
    Main Photo: 1410 49 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12687142

    1410 49 East Liberty Street Toronto M6K 0B2 Niagara

    $380,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12687142
    Bedrooms:
    1
    Bathrooms:
    1
    Cozy One Bedroom with Clear City View in heart of Liberty Village. 9ft Ceiling with 'Floor-to-ceiling' Large Windows in Bedroom and Living Room!! W/O to Large Balcony extending to cover bedroom. Lots of natural light. Freshly painted; Laminated floor throughout. Low Maintenance Fee Including One locker! Steps from public transit, lakeshore, Park, bike trail, and supermarket. Building Amenities include: Concierge, Party Room/Meeting Room, Rooftop Deck/Garden with BBQ, Recreation Room, Exercise Room, Club House, Gym, Visitor Parking, Media Room, Bike Storage, Outdoor Pool, Guest Suites. More details
    Listed by BAY STREET GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 1k 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12687462

    1k 6 Rosebank Drive Malvern Toronto M1B 0A1
    Main Photo: 1k 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12687462

    1k 6 Rosebank Drive Toronto M1B 0A1 Malvern

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12687462
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome Home to this well maintained 1 bedroom main floor unit in the Highly Desired Markham Place Condos. This open concept unit features a full sized kitchen with granite countertops, stainless steel appliances and a breakfast bar. The large windows allow for ample light to come in. Enjoy the convenience and accessibility of being located on the first floor. Building amenities feature a 24-hour concierge, a newly renovated fitness centre, a party/event room, a boardroom, and a games room. The unit also includes one underground parking space. Enjoy a prime location just steps from the TTC, Highway 401, Scarborough Town Centre, Centennial College, the GO Station, and new Scarborough Subway Line and more. More details
    Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
    LISTING DETAILS
    DARYL KING

  • 3505 36 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12687552

    3505 36 Lee Centre Drive Woburn Toronto M1H 3K2
    Main Photo: 3505 36 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12687552

    3505 36 Lee Centre Drive Toronto M1H 3K2 Woburn

    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12687552
    Bedrooms:
    1
    Bathrooms:
    1
    Offer Presentation on January 20, 2026! Stunning, Modern & Cozy Condo Unit That Is In A Prime Scarborough Location. Great Finishes From Quartz Countertops, Pot Lights, Laminate Flooring, To Open Concept Layout. Close To Stc, Ttc, Subway, Restaurants, Fast Food, Ymca, 401 & So Much More! More details
    Listed by CITYSCAPE REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 322 58 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12687724

    322 58 Marine Parade Drive Mimico Toronto M8V 4G1
    Main Photo: 322 58 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W12687724

    322 58 Marine Parade Drive Toronto M8V 4G1 Mimico

    $379,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12687724
    Bathrooms:
    1
    Immaculate & Versatile studio unit in one of the most desirable buildings along the waterfront. Includes one parking spot & large storage locker. Floor to ceiling windows providing plenty of natural light. Ideal for a first time Buyer looking to get into the market in a great waterfront community as well as for those looking for a pied- a terre, close proximity to downtown & both airports. Building offers best of amenities, large pool, gym, party room, and more. Take advantage of the miles of walking and biking paths along the shores of Lake Ontario, and enjoy the growing number of restaurants, coffee shops and other amenities this wonderful community has to offer. More details
    Listed by WESTVIEW REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 203 575 Avenue Road in Toronto: Yonge-St. Clair Condo Apartment for sale (Toronto C02) : MLS®# C12687960

    203 575 Avenue Road Yonge-St. Clair Toronto M4V 2K2
    Main Photo: 203 575 Avenue Road in Toronto: Yonge-St. Clair Condo Apartment for sale (Toronto C02) : MLS®# C12687960

    203 575 Avenue Road Toronto M4V 2K2 Yonge-St. Clair

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12687960
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this Junior one bedroom in the highly desirable Deer Park neighbourhood. Approximately 500 square feet with updated kitchen and bathroom. This is a pet friendly Co-op that allows ensuite laundry, and you can BBQ on your balcony. There is also a roof top terrace with BBQ. The Avenue Rd bus to downtown is at your door & the Subway is at Yonge and St Clair. It's a short walk to the shops and restaurants at Yonge St, St Clair, or to Forest Hill Village. Get your exercise nearby on the Beltline Trail. Exclusive use locker on the main floor. Parking is $45 outside, or $50 underground. Seller has a portable washing machine. Shared coin operated laundry is available on the main floor. Maintenance fees include: property taxes, heat, water, cable tv, high speed internet, common elements, and building insurance. More details
    Listed by SAGE REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 1102 225 Sackville Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12689396

    1102 225 Sackville Street Regent Park Toronto M5A 0B9
    Main Photo: 1102 225 Sackville Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12689396

    1102 225 Sackville Street Toronto M5A 0B9 Regent Park

    $355,500
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12689396
    Bathrooms:
    1
    Welcome to this impeccably maintained studio suite offering 487 sq. ft. of efficient, well-designed living space in the heart of the vibrant Regent Park community. This functional open-concept layout maximizes usability and delivers strong value for both end-users and investors. The unit is filled with natural light and offers appealing city views, creating a bright and comfortable living environment. Ideally located steps to streetcar access, St. Lawrence Market, Cabbagetown, Eaton Centre, Riverdale Park, and the Aquatic Centre, with easy access to the DVP. Must assume tenant in place with lease ending September 6, 2026-an excellent turnkey investment opportunity in a high-demand urban location. More details
    Listed by CONDOWONG REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • 610 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12689338

    610 1195 The Queensway Islington-City Centre West Toronto M8Z 1R6
    Main Photo: 610 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12689338

    610 1195 The Queensway Toronto M8Z 1R6 Islington-City Centre West

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12689338
    Bedrooms:
    1
    Bathrooms:
    1
    Step into modern urban living at 1195 The Queensway, Unit 610-a bright and stylish 1-bedroom, 1-bath suite offering comfort, convenience,and a sleek contemporary design.This thoughtfully planned unit features an open-concept layout, large windows that fill the space with natural light, and modern finishes throughout. The streamlined kitchen includes full-sized stainless steel appliances, quartz countertops, and ample cabinet storage, perfect for everyday cooking or hosting guests.The spacious bedroom provides a calm retreat with generous closet space, while the well-appointed bathroom offers clean, modern touches.With one locker included, you'll have plenty of extra storage to keep everything organized.Located in a vibrant and fast-growing neighbourhood, you're just steps from restaurants, shopping, transit, groceries, and easy access to the Gardiner and Hwy 427. This unit was previously leased and has been exceptionally maintained-ideal for professionals, students, or anyone seeking a stylish, move-in-ready space in a prime location.Experience comfort, convenience, and contemporary living, all at Unit 610. Don't miss your chance to own this gem at The Tailor! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING
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Data was last updated January 13, 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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