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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1104 914 yonge Street

Annex Toronto M4W 3C8

$245,000

Residential Condo & Other beds: 0 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12782680

Bathrooms:

1

• Photos (8)

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If you've been looking for an affordable opportunity to create your own space in one of downtowns most sought after neighborhoods, this is the one for you! This studio space with private balcony is awaiting your vision!

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

0-499

Exposure:

East

Bedrooms:

0

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

0

Kitchens Above Grade:

1

Rooms Above Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

11

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Type:

Rental

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker:

None

Family Room:

No

Possession Details:

30-90 Days

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$614

Maintenance fees include:

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

Taxes:

$1,644 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C02

Listing Sub-Area:

Annex

Interior Features:

None

Pets Permitted:

Yes-with Restrictions

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Main

Foyer

7'11"2.41 m × 4'8"1.42 m

Main

Kitchen

17'7"5.36 m × 15'11"4.85 m

Main

Living Room

8'1"2.46 m × 6'5"1.96 m

Other Details:

Green Property Information Statement:

No

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Common Area

Business Info:

Condo Corporation Number:

163

Property Management Company:

Del Property Management

Listing Info:

Date Listed:

Feb 12, 2026

Original Price:

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Previous Price:

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Listed by ACCSELL REALTY INC.

Data was last updated February 13, 2026 at 04:15 AM (UTC)

Area Statistics

Listings on market:

162

Avg list price:

$898,950

Min list price:

$245,000

Max list price:

$23,500,000

Avg days on market:

43

Min days on market:

1

Max days on market:

603

These statistics are generated based on the current listing's property type and located in Annex. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• 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.

Explore More GTA Homes:

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• Condos for Sale in Toronto Under $400K
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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.