1204 15 Sewells Road in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12883400
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.
Spacious and well-maintained 3-bedroom condo offering exceptional value in a convenient Scarborough location! This bright unit features a generous and functional layout with large living and dining areas, perfect for comfortable family living. Enjoy a beautifully upgraded washroom, plenty of natural light, and a very spacious interior that provides flexibility for growing families or those working from home. Rare offering with 2 parking spots included. Located close to schools, parks, shopping, transit, and major amenities, making everyday living easy and convenient. A great opportunity for first-time buyers, families, or investors!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
1000-1199
Exposure:
South East
Bedrooms:
3
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
12
Foundation:
Concrete
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
2.0
Parking Features:
Underground
Parking Type:
Exclusive
Parking Spaces:
0
Total Parking Spaces:
2.0
Parking Spot #1:
112
Parking Spot #2:
113
Locker Number:
23
Locker Level:
B2
Locker Unit:
23
Locker:
Exclusive
Family Room:
No
Possession Details:
Negotiable moving in date
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$1,434
Maintenance fees include:
Heat Included, Hydro Included, CAC Included, Water Included, Building Insurance Included, Cable TV Included, Parking Included, Common Elements Included
Taxes:
$1,161 /
2025
Assessment:
$- /
-
Toronto
Toronto E11
Malvern
Public Transit, Rec./Commun.Centre, School, Park, Hospital, Place Of Worship
Data was last updated March 18, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$488,900
Min list price:
$320,000
Max list price:
$725,000
Avg days on market:
27
Min days on market:
2
Max days on market:
153
These statistics are generated based on the current listing's property type
and located in
Malvern. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.
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.