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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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  • 603 5 Defries Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12609044

    603 5 Defries Street Regent Park Toronto M5A 3R4
    Main Photo: 603 5 Defries Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12609044

    603 5 Defries Street Toronto M5A 3R4 Regent Park

    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12609044
    Bedrooms:
    2
    Bathrooms:
    1
    Luxury 1+Den Condo In The Heart Of Toronto! Experience Modern Urban Living In This Bright And Spacious 1-Bedroom + Den Suite With 1 Full Bathroom. The Open-Concept Layout Features Floor-To-Ceiling Windows, Sleek Finishes, And A Contemporary Kitchen With Stainless Steel Appliances And Quartz Countertops. The Versatile Den Is Perfect For A Home Office Or Guest Space. Enjoy Your Private Balcony With Stunning City Views - Perfect For Morning Coffee Or Evening Relaxation.Located In A Vibrant Riverside Community Just Minutes To Downtown, The DVP, And Transit. Steps To Shops, Restaurants, Cafes, Parks, And Trails. Enjoy First Class Amenities Including A Fitness Centre, Party Room, Rooftop Terrace, And 24-Hour Concierge. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 209 2245 Eglinton Avenue E in Toronto: Ionview Condo Apartment for sale (Toronto E04) : MLS®# E12610908

    209 2245 Eglinton Avenue E Ionview Toronto M1K 2N3
    Main Photo: 209 2245 Eglinton Avenue E in Toronto: Ionview Condo Apartment for sale (Toronto E04) : MLS®# E12610908

    209 2245 Eglinton Avenue E Toronto M1K 2N3 Ionview

    $385,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12610908
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Suite 209! Spacious 1-bedroom plus den suite with dividing wall, walking distance to Kennedy Subway with frequent TTC service at your doorstep, soon-available Eglinton Crosstown Light Rail Transit (LRT), and located near shopping centers (SmartCentres), groceries (No Frills, Costco, Wal-Mart), restaurants, and close to nearby parks and green spaces for peaceful walks, fresh air, and weekend unwinding. Easily accessible to SATEC at W.A. Porter Collegiate, a well-regarded academic high school program specializing in technology, computer studies, and environmental sciences, known for strong academic expectations, motivated students, and a learning environment that encourages leadership, innovation, and real-world problem-solving. This suite is rarely available in a very convenient location; freshly painted with ensuite laundry providing added comfort and privacy - most of the other suites in this condo building rely on the coin-operated laundry in the basement. A surface parking space right across your suite is included for your vehicle, along with a secure underground storage locker for your seasonal and extra belongings. Low maintenance fee includes all utilities, what else can you ask for! This suite offers incredible value for first-time homebuyers, downsizers, investors, or anyone looking for the perfect balance of comfort and convenience. Great condos don't wait. With interest rates decreasing, the best choices are going fast! Now is the moment to move - secure this opportunity before prices and competition rise again! More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 430 684 Warden Avenue in Toronto: Clairlea-Birchmount Condo Apartment for sale (Toronto E04) : MLS®# E12611024

    430 684 Warden Avenue Clairlea-Birchmount Toronto M1L 4W4
    Main Photo: 430 684 Warden Avenue in Toronto: Clairlea-Birchmount Condo Apartment for sale (Toronto E04) : MLS®# E12611024

    430 684 Warden Avenue Toronto M1L 4W4 Clairlea-Birchmount

    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12611024
    Bedrooms:
    2
    Bathrooms:
    1
    This represents amazing value!!!Discover an excellent opportunity to own a well-appointed suite in a sought-after low-rise building, just steps from Warden Subway Station. This smartly designed 1+1 bedroom layout functions beautifully and could easily be converted into a true two-bedroom home. Enjoy the convenience of ensuite laundry and an open-concept kitchen that flows seamlessly into the dining area.This top-floor residence features a generous west-facing balcony offering quiet, unobstructed views of the surrounding ravine and treetops. A prime parking spot located right by the front entrance adds to the everyday ease and accessibility of this desirable unit. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 308 30 Herons Hill Way in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12611236

    308 30 Herons Hill Way Henry Farm Toronto M2J 0A7
    Main Photo: 308 30 Herons Hill Way in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12611236

    308 30 Herons Hill Way Toronto M2J 0A7 Henry Farm

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12611236
    Bedrooms:
    2
    Bathrooms:
    1
    Luxury Condo Built By Monarch In High Demand Henry Farms Area. Minutes To Fairview Mall, Hwy 404/Dvp/401 And Subway. Well Laid Out Unit With Approx. 630 Sqft Of Living Space. Parking And Locker Included! More details
    Listed by CENTURY 21 ATRIA REALTY INC.
    LISTING DETAILS
    DARYL KING

  • PH05 1250 Bridletowne Circle in Toronto: L'Amoreaux Condo Apartment for sale (Toronto E05) : MLS®# E12608320

    PH05 1250 Bridletowne Circle L'Amoreaux Toronto M1W 2V1
    Main Photo: PH05 1250 Bridletowne Circle in Toronto: L'Amoreaux Condo Apartment for sale (Toronto E05) : MLS®# E12608320

    PH05 1250 Bridletowne Circle Toronto M1W 2V1 L'Amoreaux

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12608320
    Bedrooms:
    2
    Bathrooms:
    1
    Bright & Spacious 1+1 Penthouse Suite at 1250 Bridletowne Cir! Enjoy 920 sq. ft. of functional living in this freshly painted, recently renovated penthouse unit. The generous open layout features large windows with abundant natural light, and an oversized den that can easily serve as a second bedroom or home office. One parking included. Prime Bridletowne neighborhood, steps to Bridlewood Mall, supermarkets, restaurants, banks, medical clinics, and everyday conveniences. Short walk to TTC bus routes, and quick access to Highway 401, 404 & DVP for easy commuting. Surrounded by parks, community centers, and top-rated schools. A well-maintained building in an exceptionally convenient location-perfect for comfortable urban living! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802

    1312 11 Wellesley Street W Bay Street Corridor Toronto M4Y 1E8
    Main Photo: 1312 11 Wellesley Street W in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01) : MLS®# C12606802

    1312 11 Wellesley Street W Toronto M4Y 1E8 Bay Street Corridor

    $385,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12606802
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Wellesley on the Park A Downtown Toronto Gem!Experience urban living at its finest in this stylish bachelor suite, ideally located in the heart of downtown Toronto. This thoughtfully designed unit offers a functional open-concept layout, featuring:Modern kitchen with built-in appliancesLaminate and ceramic flooring throughoutFloor-to-ceiling windows that flood the space with natural lightA spacious balcony showcasing stunning city viewsJust steps from Wellesley Subway Station, University of Toronto, Toronto Metropolitan University, Yorkville, Eaton Centre, and countless shops, cafes, restaurants, and entertainment venues. Perfectly situated near the Financial District, Dundas Square, and more.Enjoy world-class building amenities, including:Indoor pool & saunaFully equipped gym & yoga studioParty roomCourtyard garden & BBQ areaPet spa1.5-acre park at the base of the towerNearby highlights: Toronto General Hospital, Wellesley Community Centre, Riverdale Farm, Royal Ontario Museum, Chelsea Hotel, Phoenix Concert Theatre, and Cineplex Cinemas.An excellent opportunity for students, professionals, and investors alike! More details
    Listed by NEW VISION CAPITAL REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 1106 89 Mcgill Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12606810

    1106 89 Mcgill Street Church-Yonge Corridor Toronto M5B 0B1
    Main Photo: 1106 89 Mcgill Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12606810

    1106 89 Mcgill Street Toronto M5B 0B1 Church-Yonge Corridor

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12606810
    Bedrooms:
    1
    Bathrooms:
    1
    Bright & Spacious 1-Bedroom Suite in the Highly Sought-After Tridel Alter! This gorgeous unit features an open-concept layout, 9 ft ceilings, floor-to-ceiling windows, and sleek laminate flooring throughout. The modern kitchen comes equipped with built-in appliances and contemporary finishes. Located right at Ryerson University and just steps to TTC, restaurants, shops, and endless entertainment - offering unmatched downtown convenience. Residents enjoy a full range of premium amenities including a fitness centre, yoga studio, rooftop patio, indoor pool, media room, visitor parking, and 24/7 concierge. More details
    Listed by T-ONE GROUP REALTY INC.,
    LISTING DETAILS
    DARYL KING

  • 1203 735 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12607112

    1203 735 Don Mills Road Flemingdon Park Toronto M3C 1S7
    Main Photo: 1203 735 Don Mills Road in Toronto: Flemingdon Park Condo Apartment for sale (Toronto C11) : MLS®# C12607112

    1203 735 Don Mills Road Toronto M3C 1S7 Flemingdon Park

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12607112
    Bedrooms:
    2
    Bathrooms:
    1
    Great Starter home for anyone. Excellent location. TTC at doorstep. Utilities included in maintenance . Parking and locker included. Minutes to groceries , schools and DVP. The building amenties fully renovated recreation center More details
    Listed by RE/MAX PRIME PROPERTIES
    LISTING DETAILS
    DARYL KING

  • 623 4673 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12607540

    623 4673 Jane Street Black Creek Toronto M3N 2L1
    Main Photo: 623 4673 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12607540

    623 4673 Jane Street Toronto M3N 2L1 Black Creek

    $269,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12607540
    Bedrooms:
    2
    Bathrooms:
    1
    Wow, low price two bedroom large condo for sale in TORONTO located at Jane & Steeles on the border of Vaughan! This two bedroom condo is great for starting families or investors because of the low price and great rental income. This condo is open concept with living and dining room combined with a walkout to balcony with a gorgeous vie facing York University, park and trees area. No carpet in home, all laminate, open concept, big kitchen, big rooms, lots of pantry, Windows & closet space! washroom has beautiful backsplash and ceramicleasy to clean! So many more updates to mention come see for yourself. Close to shopping, TTC at your doorstep, York University, School Bus and schools, Highway 407 and more ! More details
    Listed by RE/MAX PREMIER INC.
    LISTING DETAILS
    DARYL KING

  • 518 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12603210

    518 170 Sumach Street Regent Park Toronto M5A 0C3
    Main Photo: 518 170 Sumach Street in Toronto: Regent Park Condo Apartment for sale (Toronto C08) : MLS®# C12603210

    518 170 Sumach Street Toronto M5A 0C3 Regent Park

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12603210
    Bedrooms:
    1
    Bathrooms:
    1
    The perfect blend of style, comfort, and outdoor space, this unique one-bedroom is priced to sell! With a bright, south facing exposure, you'll bask in natural sunlight all day long. Enjoy your spacious private terrace the perfect spot for morning coffee, evening cocktails, or simply soaking up the sun. In the vibrant East End of Toronto, this condo is the perfect place for anyone seeking a modern, city lifestyle with a touch of tranquility. This well designed space has beautiful finishes, brand new floors, a spacious bathroom, and gorgeous outdoor space steps away from TTC, Grocery, Recreation Centre, The Hwy and Water. The unit is conveniently located 1 floor above the buildings amenities and the same floor as the shared garden. Locker on same floor as unit. More details
    Listed by ROYAL LEPAGE CONNECT REALTY
    LISTING DETAILS
    DARYL KING

  • 107 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12603288

    107 100 Dundalk Drive Dorset Park Toronto M1P 4V2
    Main Photo: 107 100 Dundalk Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12603288

    107 100 Dundalk Drive Toronto M1P 4V2 Dorset Park

    $380,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12603288
    Bedrooms:
    2
    Bathrooms:
    1
    Convenient Location At Kennedy S/401! 2Br 1 Bth South Facing Garden Suite W/Fenced Terrace, Which Has Private Walk-In Entry With Your Own Sunny Front Yard *Direct Entry From Street Or Via Lobby! * Bright Living / Dining Rooms, Ample Closet, Large Galley Kitchen, Practical & Open Concept Layout, Easy Access To All Amenities! Move Right In+Enjoy! More details
    Listed by HC REALTY GROUP INC.
    LISTING DETAILS
    DARYL KING

  • 2412 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12603400

    2412 197 Yonge Street Church-Yonge Corridor Toronto M5B 1M4
    Main Photo: 2412 197 Yonge Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12603400

    2412 197 Yonge Street Toronto M5B 1M4 Church-Yonge Corridor

    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12603400
    Bathrooms:
    1
    Welcome to urban living redefined at 197 Yonge St, Suite 2412 - a bright, modern studio designed for those who want to live steps from the best of downtown Toronto. Perched on a high floor with sweeping city views, this sleek unit features 9' ceilings, floor-to-ceiling windows, a contemporary kitchen with quartz countertops, and a well-planned layout that maximizes both living and sleeping space.Perfect for young professionals, students, or investors, this residence sits directly across from the Eaton Centre and Yonge-Dundas Square, with instant access to the Queen Subway, the Financial District, Toronto Metropolitan University, U of T, St. Michael's Hospital, and endless dining, shopping, and entertainment.Live in one of Toronto's most iconic towers and enjoy top-tier amenities including a 24-hour concierge, rooftop lounge, garden terrace, guest suites, and more. Whether you're seeking a stylish downtown home or a high-demand rental investment, Suite 2412 delivers unmatched convenience, energy, and lifestyle in the heart of the city. More details
    Listed by REVEL 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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