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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  • 307 1 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03) : MLS®# E13775866

    307 1 Massey Square Crescent Town Toronto M4C 5L4
    Main Photo: 307 1 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E13775866
    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13775866
    Bedrooms:
    2
    Bathrooms:
    1
    975 sq. ft. 2-bedroom condo with a functional, spacious layout -- 20+ large-capacity commercial washers and dryers in the building's shared laundry room -- Residents have access to the nearby Crescent Town Club at no additional membership cost - including a 25-metre indoor pool, gymnasium, exercise room, squash/racquetball courts and saunas -- Large visitor parking area on site -- underground parking available for rent through building management -- Approx. 5-6 minute walk to Victoria Park Station -- Danforth GO is one subway stop west via Main Street Station - Metrolinx is adding rail capacity along the Lakeshore East corridor to support more frequent, two-way, all-day GO service -- SATEC @ W.A. Porter nearby -- a secondary school specializing in technological, environmental and computer studies -- Crescent Town Elementary School is located within the community (4 Massey Square) -- Metro supermarket approx. 3-5 minutes by car -- Dentonia Park Golf Course and Taylor Creek Park nearby. More details
    Listed by Avenue Group Realty Inc.
    DARYL  KING
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  • 627 1190 Dundas Street E in Toronto: South Riverdale Condo Apartment for sale (Toronto E01) : MLS®# E13775498

    627 1190 Dundas Street E South Riverdale Toronto M4M 0C5
    Main Photo: 627 1190 Dundas Street E in Toronto: South Riverdale Condo Apartment for sale (Toronto E01)  : MLS®# E13775498
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13775498
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome To The Carlaw Located In Leslieville. This Beautiful 1 Bedroom 1 Bathroom Unit Is North Facing With 9' Exposed Concrete Ceilings, Large Floor To Ceiling Windows For Ample Natural Sunlight And A Large Balcony. 1 Locker Included! Engineered Hardwood Floors, Quartz Counter Tops, Integrated Appliances, Gas BBQ Connection, Sliding Glass Doors, Custom Lighting, Primary Bedroom With Large Closet. This Location Is Steps Away From Fantastic Restaurants, Shops, Parks And TTC. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 218 18 Rean Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15) : MLS®# C13776008

    218 18 Rean Drive Bayview Village Toronto M2K 0C7
    Main Photo: 218 18 Rean Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15)  : MLS®# C13776008
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13776008
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome To This Cozy 1+1 Unit Featuring 2 Bathrooms And A Bright & Efficient Layout With Large Windows That Fill The Space With Natural Light. The Open Living And Dining Area Offers A Comfortable Flow And Walks Out To A Private Balcony. The Well Appointed Kitchen Includes Stainless Steel Appliances, Breakfast Bar, And Backsplash. The Spacious Bedroom Comes With 4pc Ensuite And Large Closet. The Generous Den Can Fit A Bed Comfortably. Newer Fridge, Dishwasher, Washer/Dryer. Prime Bayview Village Location Steps To Bayview Village Shopping Centre, TTC Subway, Parks, Restaurants, Groceries, And Quick Access To Hwy 401 For Effortless Commuting. More details
    Listed by SUPERSTARS REALTY LTD.
    DARYL  KING
  • 1709 75 Queens Wharf Road in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C13776270

    1709 75 Queens Wharf Road Waterfront Communities C1 Toronto M5V 0J8
    Main Photo: 1709 75 Queens Wharf Road in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C13776270
    $299,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13776270
    Bathrooms:
    1
    Quartz" Building By Concord Cityplace. Studio Suite W/ 443 Sf With Beautiful Wide West Facing Balcony. Perfect For First Home Owner Or Investors! Walk Score Of 86 & Transit Score 94. Located Next To Park With Ample Green Space And Just Minutes To Harbour Front. Tim Hortons, Sobeys, Hunters Landing, Fox And Firkin, Rogers Centre, Cn Tower, Ripleys Aquarium, And Much More! More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    DARYL  KING
  • 1811 33 Helendale Avenue in Toronto: Yonge-Eglinton Condo Apartment for sale (Toronto C03) : MLS®# C13776388

    1811 33 Helendale Avenue Yonge-Eglinton Toronto M4R 0A4
    Main Photo: 1811 33 Helendale Avenue in Toronto: Yonge-Eglinton Condo Apartment for sale (Toronto C03)  : MLS®# C13776388
    $395,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13776388
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright and modern west-facing 1 Br condo, offering a functional open-concept layout ideal for comfortable urban living. Enjoy abundant natural light throughout the day and unwind on the spacious private balcony while taking in beautiful sunset views. The contemporary kitchen features sleek finishes, stainless steel appliances, and ample cabinetry for both style and convenience. Unbeatable location just steps to the subway, Yonge-Eglinton Centre, top-rated restaurants, trendy cafés, shops, and everyday amenities. A perfect blend of style, comfort, and convenience in the heart of the city. More details
    Listed by JDL REALTY INC.
    DARYL  KING
  • 1910 121 Ling Road in Toronto: West Hill Condo Apartment for sale (Toronto E10) : MLS®# E13770732

    1910 121 Ling Road West Hill Toronto M1E 4Y2
    Main Photo: 1910 121 Ling Road in Toronto: West Hill Condo Apartment for sale (Toronto E10)  : MLS®# E13770732
    $359,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13770732
    Bedrooms:
    2
    Bathrooms:
    2
    ** PENTHOUSE!! ** same own for 29 years!! Redesign to your own taste...*** OPPORTUNITY KNOCKS!! *** A diamond in the rough! Excellent opportunity to have lake views and stunning cityscape in your own private penthouse! Immediate possession available!,,,,, Wonderful layout with spacious Balcony,,,,, Ensuite laundry,,,,, underground owned parking space,,,,, and private locker.,,,,, Exercise room, pool, tennis courts, party/recreation rooms, BBQ areas, library, security guard, pet's allowed!,,,,, park, public transit nearby! Fantastic location close to public transit, shopping, school's and 401 highway. More details
    Listed by CENTURY 21 LEADING EDGE REALTY INC.
    DARYL  KING
  • 1208 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09) : MLS®# E13771228

    1208 3050 Ellesmere Road Morningside Toronto M1E 5E6
    Main Photo: 1208 3050 Ellesmere Road in Toronto: Morningside Condo Apartment for sale (Toronto E09)  : MLS®# E13771228
    $319,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13771228
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this spacious 2-bedroom, 2-bathroom condo offering incredible potential to make it your own. With a few minor updates and renovations, this well-designed unit can truly be transformed into a stunning home. The bright and functional layout is complemented by beautiful northwest views overlooking the Ellesmere Ravine, creating a peaceful backdrop to everyday living.The unit includes convenient underground parking, and the maintenance fees cover all utilities for added value and peace of mind.Residents enjoy exceptional building amenities, including 24-hour concierge service, an indoor swimming pool, tennis court, fitness centre, and sauna.Ideally located just steps from Centennial College, the University of Toronto Scarborough campus, and St. John Catholic School. Public transit is right at your doorstep, with nearby parks, shopping centres, and quick access to Highway 401, making commuting and daily errands effortless More details
    Listed by RE/MAX HALLMARK REALTY LTD.
    DARYL  KING
  • 810 10 Tapscott Road in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E13771494

    810 10 Tapscott Road Malvern Toronto M1B 3L9
    Main Photo: 810 10 Tapscott Road in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E13771494
    $319,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E13771494
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright and beautifully maintained 1-bedroom, 1-bathroom condo offering the perfect blend of comfort, style, and convenience. This move-in-ready home features updated lighting throughout, a beautifully renovated washroom, a new range hood, and a spacious, functional layout designed for everyday living. Step out onto your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Additional features include in-suite laundry, an underground parking space, a private storage locker, and ample visitor parking. Ideally located close to Malvern Mall, shopping, schools, parks, restaurants, public transit, hospitals, and Highway 401, this well-managed building offers exceptional convenience. With affordable maintenance fees, this condo presents an excellent opportunity for first-time buyers, downsizers, or investors looking for outstanding value in a fantastic location. More details
    Listed by REAL BROKER ONTARIO LTD.
    DARYL  KING
  • 804 2901 Kipling Avenue in Toronto: Mount Olive-Silverstone-Jamestown Condo Apartment for sale (Toronto W10) : MLS®# W13770766

    804 2901 Kipling Avenue Mount Olive-Silverstone-Jamestown Toronto M9V 5E5
    Main Photo: 804 2901 Kipling Avenue in Toronto: Mount Olive-Silverstone-Jamestown Condo Apartment for sale (Toronto W10)  : MLS®# W13770766
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13770766
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to this bright and sun-filled end-unit condo offering breathtaking, unobstructed views and an abundance of natural light through oversized windows. This spacious, beautifully maintained suite features 2 generously sized bedrooms along with 2 full bathrooms and a large open-concept living and dining area designed for comfortable everyday living and effortless entertaining. Enjoy the convenience of ensuite laundry, 1 underground parking space, and a private locker for additional storage. There is also an ADDITIONAL PARKING SPACE that is currently being rented through Property Management. Residents enjoy exceptional building amenities including an outdoor pool, sauna, fitness centre, party/meeting room, BBQ area, visitor parking, and a secure entry system. Ideally situated with TTC transit at your doorstep and quick access to Highways 400, 401, and 407. Minutes from shopping, schools, parks, banks, York University, Humber College, and Toronto Pearson International Airport. An outstanding opportunity to own a spacious, move-in-ready home in a well-managed building with unbeatable convenience and spectacular views. More details
    Listed by RE/MAX NOBLECORP REAL ESTATE
    DARYL  KING
  • 514 4 Elsinore Path in Toronto: New Toronto Condo Apartment for sale (Toronto W06) : MLS®# W13771022

    514 4 Elsinore Path New Toronto Toronto M8V 4G7
    Main Photo: 514 4 Elsinore Path in Toronto: New Toronto Condo Apartment for sale (Toronto W06)  : MLS®# W13771022
    $309,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13771022
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Wave at 4 Elsinore Path, where comfort, convenience and lakeside living come together in the heart of South Etobicoke. This bright and well-designed 1 Bedroom, 1 Bathroom condo offers an open-concept layout, perfect for entertaining, with the added convenience of a full-size in-suite laundry room providing extra storage and everyday functionality. Walkout to the Balcony, to enjoy your morning coffee, tea or just relax reading a book and the expansive unobstructed views and plentiful natural light enhance the home's bright and airy feel from morning to evening. The Wave is a well-maintained boutique-style condominium including a business centre, visitor parking, and secure entry. Ideally situated in the vibrant Lakeshore Village community, you're just minutes from Humber College's Lakeshore Campus, Lake Ontario, waterfront parks and trails, local cafés, restaurants, shopping, and everyday conveniences. Commuting is effortless with TTC transit at your doorstep, easy access to Mimico GO Station, the Gardiner Expressway, Highway 427, and the QEW, making travel throughout Toronto and the GTA a breeze. Whether you're a first-time buyer, investor, or downsizer, this is an excellent opportunity to enjoy an affordable lifestyle in one of Etobicoke's most desirable waterfront neighbourhoods. More details
    Listed by RE/MAX REALTY SPECIALISTS INC.
    DARYL  KING
  • 1006 725 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C13771668

    1006 725 Don Mills Road Flemingdon Park Toronto M3C 1S8
    Main Photo: 1006 725 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11)  : MLS®# C13771668
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13771668
    Bedrooms:
    2
    Bathrooms:
    1
    Location! Location! Location! Discover this newly renovated condo apartment nestled in the vibrant heart of North York! This spacious and bright corner unit boasts 2 bedrooms and 1 bathroom, offering a perfect blend of modern elegance and comfort. Step into a fully functional New kitchen featuring sleek new cabinetry , countertops, and new Kitchen appliances and New Zebra blinds. The open-concept layout is designed with meticulous attention to detail, showcasing a contemporary aesthetic that's both stylish and functional. Ideal for first-time home buyers or investors, this is a move-in ready gem for your family or potential tenants. The well-maintained complex elevates your lifestyle with premium amenities, including an indoor pool, fitness center, and beautifully landscaped gardens. Monthly maintenance fees include ALL utilities and Bell Fibe Internet and Better TV package! Convenience is key with TTC at your doorstep, ensuring easy access to Downtown Toronto- just a short drive away. Enjoy proximity to East York Town Centre, Iqbal Halal Foods, Costco, top-rated schools, restaurants, places of worship, and parks, with DVP and 401 nearby, plus the upcoming LRT to Exhibition Place, connectivity is unmatched More details
    Listed by CENTURY 21 LEADING EDGE REALTY INC.
    DARYL  KING
  • 404 1690 Victoria Park Avenue in Toronto: Victoria Village Condo Apartment for sale (Toronto C13) : MLS®# C13773656

    404 1690 Victoria Park Avenue Victoria Village Toronto M1R 1R1
    Main Photo: 404 1690 Victoria Park Avenue in Toronto: Victoria Village Condo Apartment for sale (Toronto C13)  : MLS®# C13773656
    $345,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C13773656
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome to Suite 404 at 1690 Victoria Park Avenue, a bright and inviting home that's perfect for first-time buyers, young professionals, or small families looking to enter the Toronto / GTA real estate market without compromising on space or convenience! This well-appointed 2+1 bedroom, 2-bathroom suite offers 818 square feet of thoughtfully designed interior living space, complemented by a large private balcony that's perfect for enjoying your morning coffee or unwinding after a long day. Inside, you'll find clean laminate flooring throughout and an upgraded kitchen featuring granite countertops and stainless steel appliances, making it as functional as it is stylish. One of this home's standout features is its affordable maintenance fees, which are well below $1.00 per square foot, helping keep your monthly carrying costs low while maximizing value (ALL UTILITIES INCLUDED). Ideally located in the heart of the Victoria Village neighbourhood, this building is just minutes from the Don Valley Parkway and Highway 401, making commuting across the GTA a breeze. Residents enjoy convenient access to public transit, Eglinton Crosstown LRT connections, shopping at CF Shops at Don Mills, Costco, Eglinton Square Shopping Centre, and a wide selection of restaurants, cafes, grocery stores, and everyday essentials. Outdoor enthusiasts will appreciate the nearby parks and trails, including Wigmore Park and the Don Valley trail system. Families will also love the proximity to a variety of schools, community centres, libraries, and recreational facilities, making this a wonderful place to put down roots. Whether you're purchasing your first home, downsizing, or looking for an excellent investment opportunity, Suite 404 offers the perfect combination of comfort, convenience, and exceptional value in one of Toronto's most accessible neighbourhoods. More details
    Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
    DARYL  KING
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Data was last updated September 12, 2026 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.

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.