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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103 717 Eglinton Avenue W

Forest Hill South Toronto M5N 1C9

$349,000

Residential Condo & Other beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C14117798

Bedrooms:

1

Bathrooms:

1

• Photos (19)

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Welcome to an exceptional residence in the heart of Upper Forest Hill, set within The Crofton, a meticulously restored Art Deco boutique building inspired by the timeless sophistication of New York architecture. Favoured for its southwest exposure and overlooking a lush, tree-lined ravine, this generous one-bedroom suite offers a rare combination of privacy, natural beauty, and refined urban living. A gracious entry foyer leads into the spacious living room, where expansive windows frame tranquil ravine vistas and impressive skyline views. The efficiently designed updated kitchen offers everything needed for effortless everyday living, while the generously proportioned primary bedroom features multiple closets and ample space for custom built-ins. The suite also includes an exclusive-use locker, while monthly maintenance fees include property taxes, heat, hydro, water, fibre-optic internet, and cable. The Crofton has undergone an extensive restoration, including updated electrical and plumbing systems, a renewed building envelope, rebuilt balconies, beautifully redesigned front landscaping and fabulous seating area on the south lawn. Ideally situated in coveted Upper Forest Hill, this exceptional residence is close to the LRT, Beltline trails, neighbourhood shops, cafés, and renowned restaurants. A distinctive Forest Hill offering where architectural heritage, modern comfort, and ravine-side serenity come together.

General Info:

Share Percentage:

1.7841

Property Type:

Residential Condo & Other

Property Sub Type:

Co-Ownership Apartment

Home Style:

Apartment

Total Approx Floor Area:

700-799

Exposure:

South

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Water

Heating Fuel:

Gas

Storey:

1

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker:

None

Family Room:

No

Possession Details:

Immediate/TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$1,218.22

Maintenance fees include:

Heat Included, Hydro Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C03

Listing Sub-Area:

Forest Hill South

Property Features / Area Influences:

Arts Centre, Library, Park, Public Transit, Ravine, Rec./Commun.Centre

Interior Features:

None

Exterior Features:

Landscaped, Lighting

Security Features:

Alarm System, Monitored, Carbon Monoxide Detectors, Security System, Smoke Detector

Pets Permitted:

Yes-with Restrictions

Rental Items:

See Schedule C.

Inclusions:

See Schedule C.

Exclusions:

See Schedule C.

Exterior Finish:

Brick

View:

Forest, Garden, Trees/Woods

Room Information:

Floor

Type

Size

Other

Main

Living Room

15'11¾"4.87 m × 12'⅞"3.68 m

Window, South View, Overlooks Dining

Main

Dining Room

9'8"2.95 m × 8'1"2.46 m

Hardwood Floor, Overlooks Living

Main

Kitchen

7'1"2.16 m × 6'1.83 m

Window, West View, B/I Shelves

Main

Primary Bedroom

14'4.27 m × 12'6"3.81 m

Double Closet, Hardwood Floor, South View

Main

Foyer

7'1"2.16 m × 6'1.83 m

Hardwood Floor, Overlooks Dining, Overlooks Living

Other Details:

Special Designation:

Unknown

Air Conditioning:

Wall Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Laundry Room

Business Info:

Condo Corporation Number:

0

Property Management Company:

The Meritus Group Mgmt Inc. 905-275-9575

Listing Info:

Date Listed:

Oct 26, 2026

Original Price:

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Previous Price:

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Listed by CHESTNUT PARK REAL ESTATE LIMITED

Data was last updated October 27, 2026 at 08:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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.

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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.