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
    $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
    DARYL  KING
  • 411 38 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12723166

    411 38 Forest Manor Road Henry Farm Toronto M2J 0H4
    Main Photo: 411 38 Forest Manor Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15)  : MLS®# C12723166
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12723166
    Bedrooms:
    2
    Bathrooms:
    1
    Beautifully maintained 1 Bedroom + Den condominium at The Point, with the den suitable for use as a second bedroom or home office. Almost 600SqFt. Functional open-concept layout featuring a modern kitchen with quartz countertops, stainless steel appliances, and ample storage. Laminate flooring throughout the unit creates a clean, contemporary feel. Well-managed building with full amenities including 24-hour concierge, pool, fitness and yoga studios, party/lounge room, and outdoor terrace with BBQ facilities.Highly convenient location within walking distance to Don Mills Subway Station, TTC, Fairview Mall, Seneca College, medical centres, parks, library, and everyday essentials. Supermarket located in the building. Easy access to Hwy 401, 404, and DVP. Community centre directly across the street. Move-in ready - nothing to do but unpack and enjoy.1 Parking Included. More details
    Listed by RE/MAX REALTRON REALTY INC.
    DARYL  KING
  • 3715 8 Widmer Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12724944

    3715 8 Widmer Street Waterfront Communities C1 Toronto M5V 0W6
    Main Photo: 3715 8 Widmer Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12724944
    $369,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12724944
    Bathrooms:
    1
    Prime Theatre & Entertainment District location near King & John, steps to TTC, dining, nightlife, and Financial District. Bright, modern studio with floor-to-ceiling windows, smart open-concept layout, and high-end integrated kitchen. Spa-inspired 4-piece bath and efficient design maximizing living, dining, and sleeping space. Impressive amenities include gym, rooftop terrace, party lounge, study/work spaces, screening room, and 24-hour concierge. Exceptional value opportunity with strong end-user and investment appeal - tenants assumable. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    DARYL  KING
  • 1105 33 Lombard Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12725058

    1105 33 Lombard Street Church-Yonge Corridor Toronto M5C 3H8
    Main Photo: 1105 33 Lombard Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12725058
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12725058
    Bedrooms:
    1
    Bathrooms:
    1
    Junior 1 Br Suite At The Spire in Financial District! Open concept floor plan ( attached )New floor, New Fridge & New Paint (2024). 9Ft Ceilings, Floor To Ceiling Windows, Open ConceptKitchen, Large Balcony, Spacious Balcony With City Views! Minutes To Financial District, St Lawrence Market,Subway/Ttc/Path System. Excellent Layout With No Wasted Space! More details
    Listed by HOMELIFE/BAYVIEW REALTY INC.
    DARYL  KING
  • 1408 20 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12726212

    1408 20 Meadowglen Place Woburn Toronto M1G 0A9
    Main Photo: 1408 20 Meadowglen Place in Toronto: Woburn Condo Apartment for sale (Toronto E09)  : MLS®# E12726212
    $388,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12726212
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to ME 2 Condos featuring a stylish and functional 1 bedroom plus den, 1 bathroom suite with 1 parking space and 1 owned locker located on the 14th floor offering a bright open-concept layout with modern finishes throughout, spacious living and dining area with walkout to a private balcony showcasing city views toward Downtown Toronto and Markham Road, primary bedroom with floor-to-ceiling windows providing abundant natural light, versatile separate den ideal for a home office or guest space with room for a single bed, contemporary 4-piece bathroom, resort-style amenities including a Miami-inspired rooftop terrace with pool, BBQ areas and multiple lounging spaces, access to the exclusive ME 2 Club featuring a fitness and yoga studio, sports lounge, billiards and games room, party and dining rooms, guest suites and private theatre, seasonal skating rink on-site in winter, and an unbeatable location close to Hwy 401, public transit, U of T Scarborough, Centennial College, shopping and parks, offering true move-in-ready urban living. More details
    Listed by RE/MAX COMMUNITY REALTY INC.
    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
    $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.
    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
    $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.
    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
    $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
    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
    $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
    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
    $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
    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
    $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
    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
    $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.
    DARYL  KING
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Data was last updated January 24, 2026 at 04:15 AM (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.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.