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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  • 1217 352 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12280833

    1217 352 Front Street W Waterfront Communities C1 Toronto M5V 1B5
    Main Photo: 1217 352 Front Street W in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12280833
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12280833
    Bedrooms:
    1
    Bathrooms:
    1
    Located On Front& Spadina Developed By Empire Communities Fly Condo. Ideal for first time home buyers and investors! Move in ready practical 1 bedroom layout With Built In S/S Appliances, Granite Counter Top, Engineered Plank Laminate Flooring Throughout, Washer And Dryer. Minutes To Ttc, Cn Tower, Rogers Centre, Financial District, Entertainment District, Restaurant, Bars And Much More. 100% riding score and 99% walk score! Minutes walk to Rogers Centre, the Well shopping centre, Toronto's waterfront, Spadina street car, King Street restaurants and Queen street shops! More details
    Listed by FIRST CLASS REALTY INC.
    DARYL  KING
  • 305 4064 Lawrence Avenue E in Toronto: West Hill Condo Townhouse for sale (Toronto E10) : MLS®# E12278128

    305 4064 Lawrence Avenue E West Hill Toronto M1E 4V6
    Main Photo: 305 4064 Lawrence Avenue E in Toronto: West Hill Condo Townhouse for sale (Toronto E10)  : MLS®# E12278128
    $350,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12278128
    Bedrooms:
    3
    Bathrooms:
    2
    Here's An Opportunity To Personalize This Spacious 3 Bedroom Townhome At This Phenomenal Price! You Will Be Impressed By The Functional Layout Of The Spacious Eat-In Kitchen With Its Spacious Cupboards & Counters!!! The Dining Room Overlooks The Roomy Livingroom & Has A Large Window!!! Both Livingroom & The Walk-Out Balcony Overlooks A Tree View! Second Floor Offers Two Good-Sized Secondary Bedrooms With Large Closets! The Large Primary Bedroom Has Its Own Walk-In Closet & A 2 Pc Ensuite! This Unit Also Includes An Ensuite Laundry Room With Full-Sized Washer & Dryer & An Ensuite Storage Closet Within The Unit!!! Underground Is Another Exclusive Storage Locker & The Exclusive Parking Space!!! Economical Central Air Provides Comfort In The Summer! Amenities Include Olympic Size Salt Water Pool, Sauna, An Exercise Room & A Party Room For Your Private Functions For A Nominal Fee! Monthly Maintenance Fee Also Includes Standard Roger's Wi-Fi & Cable TV! This Community Is Conveniently Located On The 24/7 Lawrence Ave E. TTC Bus Route With Steps To The Bus Stops! It Is Also Close To Everything; Schools, Colleges, Universities, Hospitals, Libraries, Grocers, Eateries, Bank, Medical Clinics........ More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • TH1223 21 Pirandello Street in Toronto: Niagara Condo Townhouse for sale (Toronto C01) : MLS®# C12278269

    TH1223 21 Pirandello Street Niagara Toronto M6K 3P4
    Main Photo: TH1223 21 Pirandello Street in Toronto: Niagara Condo Townhouse for sale (Toronto C01)  : MLS®# C12278269
    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12278269
    Bathrooms:
    1
    Elevator-free living in the heart of Liberty Village! This stylish and smart unit offers a large outdoor terrace, offering space to dine, lounge, or simply unwind under the open sky. Perfect for young professionals or savvy investors, this beautifully refreshed condo offers big lifestyle perks in a compact, easy-to-maintain package. Inside, you'll find brand-new flooring, fresh paint throughout, and custom cabinetry designed to maximize storage and style. The open-concept layout feels bright and modern, ideal for relaxed living, working from home, or hosting friends. Whether you're buying your first home or adding to your rental portfolio, this move-in-ready unit combines low maintenance with high appeal, all in a prime location close to transit, shops, dining, and nightlife. Live smart. Invest smarter. More details
    Listed by IPRO REALTY LTD.
    DARYL  KING
  • 81 23 Eldora Avenue in Toronto: Newtonbrook West Condo Townhouse for sale (Toronto C07) : MLS®# C12278531

    81 23 Eldora Avenue Newtonbrook West Toronto M2M 1R3
    OPEN HOUSE: Jul 12, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Saturday, July 12, 2025 2:00PM - 4:00PM
    OPEN HOUSE: Jul 13, 2025
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, July 13, 2025 2:00PM - 4:00PM
    Main Photo: 81 23 Eldora Avenue in Toronto: Newtonbrook West Condo Townhouse for sale (Toronto C07)  : MLS®# C12278531
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12278531
    Bedrooms:
    1
    Bathrooms:
    2
    Modern 758 Sqft Upper Unit Townhouse in Prime Yonge & Finch Location!Bright and spacious 1-bedroom townhome with low $300+ maintenance fee. Features 9-ft ceilings, floor-to-ceiling windows, renovated 2nd-floor bathroom, upgraded hardwood flooring on 3rd floor, and private open balcony. Direct entrance through your own foyer. Includes one underground parking spot and a locker conveniently located behind the parking space. Steps to Finch Station (TTC/YRT), Hendon Park, shops, and restaurants. Ideal for first-time buyers or investors! More details
    Listed by MEHOME GOLDEN TEAM REALTY INC.
    DARYL  KING
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  • 639 650 Lawrence Avenue W in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12279356

    639 650 Lawrence Avenue W Englemount-Lawrence Toronto M6A 3E8
    Main Photo: 639 650 Lawrence Avenue W in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04)  : MLS®# C12279356
    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12279356
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Shermount Building at 650 Lawrence Ave W, uniy 639, a beautifully maintained 1-bedroom, 1-bathroom condo in the heart of Toronto's Englemount-Lawence neighborhood. This bright and functional unit offers approximately 600-699 sq.ft. of thoughtfully designed living space, perfect for professionals, couples or individuals seeking a stylish and convenient home in a prime location. As you step inside, you'll immediately notice the open-concept layout that maximizes both space and functionality. Laminate flooring runs thorughout, adding warmth and elegance to the interior. The fully renovated kitchn is a true highlight, featuring brand-new stianless stell appliances, including a fridge, stove, dishwasher, and Hood fan. Whether you're preparing a quick breakfast or hosting a dinner, this modern kitchen makes cooking efffortless. The conveninece of Ensuite laundry ensures that daily chores are hassle-free, adding to the overall comfort of the space. Storage is never an issue with the included locker, providing extra space for seasonal items personal belongings. Residents of the Shermount building also benefit from vistor parking BBQ-permitted areas, creating an inviting atmosphere for entertaining guests or enjoying summer evenings outdoors. Location is everthing, and this condo delivers unmatched convenience. Just steps from Lawrence West Subway Station, commuting is a breeze, offering quick and easy access to downtown Toronto, Yorkdale Mall, and surrounding neighborhoods. Everyday essentials are righ at your doorstep, with Fortinos supermarket, Shoppers Drug Mart, banks and a vairety of shops and restuaurants along Lawrence Avenue. Outdoor enthusiasts will love the proximity to Fraserwood Park and Lawence Heights Park, ideal for walking, jogging, or simply relaxing in nature. With its modern finshes, unbeatable location, and excellent amenities, Unit 639 at the Shermount building offers the perfect balance of comfort and conveninece. More details
    Listed by RE/MAX PREMIER INC.
    DARYL  KING
  • 310 600 Fleet Street in Toronto: Niagara Condo for sale (Toronto C01) : MLS®# C12279825

    310 600 Fleet Street Niagara Toronto M5V 1B7
    Main Photo: 310 600 Fleet Street in Toronto: Niagara Condo for sale (Toronto C01)  : MLS®# C12279825
    $380,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12279825
    Bathrooms:
    1
    Efficiently designed 417 sq ft studio with separate den and north-facing Juliette balcony in high-demand waterfront Malibu Condos. Bright open-concept layout with ensuite laundry and modern finishes. Full access to top-tier amenities: indoor pool, rooftop terrace, gym, party room, visitor parking, and 24-hour concierge service for added convenience and security. TTC at your doorstep and steps to Loblaws, Shoppers Drug Mart, Starbucks, waterfront trails, Billy Bishop Airport, and more. Easy access to Gardiner & DVP. Perfect for first-time buyers, investors, or those seeking an unbeatable downtown lifestyle. More details
    Listed by ROYAL LEPAGE RCR REALTY
    DARYL  KING
  • 107 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12279927

    107 40 Homewood Avenue Cabbagetown-South St. James Town Toronto M4Y 2K2
    Main Photo: 107 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12279927
    $339,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12279927
    Bathrooms:
    1
    Stylish Studio Condo in the Heart of Cabbagetown! Welcome to this beautifully upgradedmain-floor studio condo, perfectly situated in one of the most sought-after neighborhoods. Thisbright and airy unit features elegant luxury vinyl plank flooring, sleek upgraded cabinetry,and stunning white marbled quartz countertops. The modern kitchen is equipped with stainlesssteel appliances, while large windows fill the space with natural light. Enjoy two spaciousstorage closets with mirrored doors, a stylish full bathroom, and a generous living area thatopens directly onto a large private balconyideal for relaxing or entertaining. Additionalhighlights include a dedicated storage locker for larger items and exceptionally lowmaintenance fees that cover heat, hydro, water, building insurance, and high speed internet.The well-maintained building offers an impressive array of amenities: underground parkingrentals (6'2" clearance), an indoor pool, fitness center, outdoor terrace with BBQs, partyroom, library, laundry room, bike storage, and a rentable guest suite. Perfect for a student,single professional, or couple looking to live in a vibrant, central location with everythingat their fingertips. More details
    Listed by CENTURY 21 PERCY FULTON LTD.
    DARYL  KING
  • 3807 115 McMahon Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15) : MLS®# C12280010

    3807 115 McMahon Drive Bayview Village Toronto M2K 0E3
    Main Photo: 3807 115 McMahon Drive in Toronto: Bayview Village Condo Apartment for sale (Toronto C15)  : MLS®# C12280010
    $398,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12280010
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to Suite 3807! Live high above the city in this bright and stylish one-bedroom suite, located just two floors below the penthouse in the prestigious Bayview Village community. This high-floor unit includes one PARKING and one LOCKER, offering both comfort and convenience. Featuring 9-ft ceilings and floor-to-ceiling windows, the open-concept living space is filled with natural light and showcases expansive, unobstructed views. The modern kitchen is equipped with built-in appliances and thoughtful cabinet organizers, while the spa-inspired bathroom boasts elegant marble tile finishes. Enjoy a location that's truly at the centre of it all, just minutes by car to Bayview Village Shopping Centre, IKEA, North York General Hospital, Fairview Mall, and highways 401 & 404. Plus, it's an easy walk to 2 TTC SUBWAY STATIONS and the Oriole GO Station, ideal for commuters. Whether you're a first-time buyer or investor, this is a fantastic opportunity. Don't miss out, come see it today! More details
    Listed by PROMPTON REAL ESTATE SERVICES CORP.
    DARYL  KING
  • 2007 155 Beecroft Road in Toronto: Lansing-Westgate Condo Apartment for sale (Toronto C07) : MLS®# C12280021

    2007 155 Beecroft Road Lansing-Westgate Toronto M2N 7C6
    Main Photo: 2007 155 Beecroft Road in Toronto: Lansing-Westgate Condo Apartment for sale (Toronto C07)  : MLS®# C12280021
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12280021
    Bedrooms:
    1
    Bathrooms:
    1
    Imagine being Directly connected to North York Centre TTC Station via underground access (This is life saving during winter and stormy days). Around the corner you'll find Top Rated Restaurants, Empress Walk, Loblaws, Cinemas, and Mel Lastman Square all at your doorstep. No need for a car. This condo is ideal for those who value convenience, walkability (98/100 walking score), and lifestyle. Keep your windows open and soak up the beautiful sunset with the PRIVATE & UNOBSTRUCTED VIEWS from this high-floor unit. Features large windows, a walkout balcony, an open-concept living/dining area, and a functional layout perfect for first-time buyers or investors. The kitchen offers full-size appliances, ample cabinet space, and a Granite breakfast bar. The bedroom comfortably fits a queen bed and includes a large double closet. Low maintenance fees include water. Amenities include 24Hr concierge service, INDOOR SWIMMING POOL, SAUNA, Billiard & Party room, Gym and Guest Suites. Don't miss your opportunity to own in one of North Yorks most connected and vibrant communities! ***MULTIPLE PARKING SPOTS AVAILABLE FOR RENT (if needed)*** More details
    Listed by KINGSWAY REAL ESTATE
    DARYL  KING
  • 606 5791 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14) : MLS®# C12280375

    606 5791 Yonge Street Newtonbrook East Toronto M2M 0A8
    Main Photo: 606 5791 Yonge Street in Toronto: Newtonbrook East Condo Apartment for sale (Toronto C14)  : MLS®# C12280375
    $359,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12280375
    Bedrooms:
    1
    Bathrooms:
    1
    Spacious one-bedroom unit offering approximately 550 sq ft of open-concept living. Enjoy floor-to-ceiling windows and a walk-out to a large balcony with serene garden courtyard views. Just a 5-minute walk to TTC and Viva/YRT transit. Conveniently located near shops, parks, grocery stores, restaurants, and major highways. Premium building amenities include an indoor pool, sauna, gym, games room, library, conference room, 24-hour concierge, visitor parking, guest suite available and more. More details
    Listed by RE/MAX PARTNERS REALTY INC.
    DARYL  KING
  • 2402 60 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09) : MLS®# E12275039

    2402 60 Town Centre Court Bendale Toronto M1P 0B1
    Main Photo: 2402 60 Town Centre Court in Toronto: Bendale Condo Apartment for sale (Toronto E09)  : MLS®# E12275039
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12275039
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome To This Stunning 2 Bedroom 1 Bath Condo Perched On A High Floor, Featuring A Rarely Available Layout And Unobstructed Northwest Views. Meticulously Maintained And Never Rented, This Owner-Occupied Unit Is Clean, Bright, And Move-In Ready A True Showcase Of Thoughtful Design And Pride Of Ownership. Enjoy 24-Hour Concierge Service And Take Advantage Of An Unbeatable Location Just Steps To The YMCA, Library, Shopping Mall, Public Transit, And All Amenities. Minutes To Hwy 401. More details
    Listed by AIMHOME REALTY INC.
    DARYL  KING
  • 2093 3045 Finch Avenue W in Toronto: Humbermede Condo Townhouse for sale (Toronto W05) : MLS®# W12275920

    2093 3045 Finch Avenue W Humbermede Toronto M9M 0A5
    Main Photo: 2093 3045 Finch Avenue W in Toronto: Humbermede Condo Townhouse for sale (Toronto W05)  : MLS®# W12275920
    $374,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12275920
    Bedrooms:
    1
    Bathrooms:
    1
    Great Starter Home! **Price for a quick sale**. Quite & Family Friendly Neighbourhood. Beautiful 1 Bedroom Stacked Townhouse With rare Open Balcony. Reasonable maintenance Fees. This Upgraded Townhouse Is Move In Ready And Features Upgraded Flooring Throughout, Upgraded Bathroom And A Modern Kitchen! Large Open Balcony Off The Living Room. One Parking And One Locker Included. Great Location, Close To Transit,Hwy,Rec Centre, Trail, Shopping All Amenities. Don't Miss This One! More details
    Listed by RE/MAX MILLENNIUM REAL ESTATE
    DARYL  KING
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Data was last updated July 12, 2025 at 03:15 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.