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.

Login with:

Forgot password Extend Verify Contact Signup Login

1208 3050 Ellesmere Road

Morningside Toronto M1E 5E6

$319,000

Residential Condo & Other beds: 2 baths: 2.0

Share on X

Share on Facebook

Share on Pinterest

Share Link

Share on Twitter

Share on Facebook

Share on Pinterest

Share Link

• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E13771228

Bedrooms:

2

Bathrooms:

2

• Photos (11)

Schedule a viewing:

in-person virtual

---

ASAP

Sun

13

SEP

Mon

14

SEP

Tue

15

SEP

Wed

16

SEP

Thu

17

SEP

Fri

18

SEP

Sat

19

SEP

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

Welcome to this spacious 2-bedroom, 2-bathroom condo offering incredible potential to make it your own. With a few minor updates and renovations, this well-designed unit can truly be transformed into a stunning home. The bright and functional layout is complemented by beautiful northwest views overlooking the Ellesmere Ravine, creating a peaceful backdrop to everyday living.The unit includes convenient underground parking, and the maintenance fees cover all utilities for added value and peace of mind.Residents enjoy exceptional building amenities, including 24-hour concierge service, an indoor swimming pool, tennis court, fitness centre, and sauna.Ideally located just steps from Centennial College, the University of Toronto Scarborough campus, and St. John Catholic School. Public transit is right at your doorstep, with nearby parks, shopping centres, and quick access to Highway 401, making commuting and daily errands effortless

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

800-899

Exposure:

North West

Bedrooms:

2

Bathrooms:

2.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

11

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

0

Total Parking Spaces:

1.0

Locker:

None

Family Room:

No

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$915.37

Maintenance fees include:

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

Taxes:

$1,267 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E09

Listing Sub-Area:

Morningside

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Rental Items:

AS PER SCHEDULE "B"

Inclusions:

AS PER SCHEDULE "B"

Exclusions:

AS PER SCHEDULE "B"

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Ground

Kitchen

9'6"2.90 m × 7'5"2.26 m

Ceramic Floor

Ground

Dining Room

16'4"4.98 m × 11'3.35 m

Laminate, Combined w/Dining, Large Window

Ground

Living Room

16'4"4.98 m × 11'3.35 m

Laminate, Combined w/Dining, Large Window

Ground

Primary Bedroom

14'4.27 m × 10'10"3.30 m

Laminate, Walk-In Closet(s), 4 Pc Bath

Ground

Bedroom 2

12'6"3.81 m × 7'8½"2.35 m

Laminate, Window

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Business Info:

Condo Corporation Number:

831

Property Management Company:

East Way Property Management

Listing Info:

Date Listed:

Sep 11, 2026

Original Price:

Signup

Previous Price:

Signup

• 
  Photo 1 of 11
• 
  Photo 2 of 11
• 
  Photo 3 of 11
• 
  Photo 4 of 11
• 
  Photo 5 of 11
• 
  Photo 6 of 11
• 
  Photo 7 of 11
• 
  Photo 8 of 11
• 
  Photo 9 of 11
• 
  Photo 10 of 11
• 
  Photo 11 of 11

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by RE/MAX HALLMARK REALTY LTD.

Data was last updated September 12, 2026 at 04:15 PM (UTC)

Area Statistics

Listings on market:

123

Avg list price:

$489,800

Min list price:

$319,000

Max list price:

$749,900

Avg days on market:

41

Min days on market:

1

Max days on market:

802

These statistics are generated based on the current listing's property type and located in Toronto E09. 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.

powered by myRealPage.com

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:

• Condos for Sale in Toronto Under $350K
• Waterfront Cottages for Sale in Ontario under $300000
• Houses for Sale Richmond Hill under $500000
• Houses for Sale near Caledonia and Eglinton West
• Condos for Sale in Toronto Under $400K
• Aurora Homes For Sale
• Bradford Homes For Sale
• King City Homes For Sale
• Markham Homes For Sale
• Newmarket Homes For Sale
• Richmond Hill Homes For Sale
• Thornhill Homes For Sale
• Toronto Homes For Sale
• Brampton Homes For Sale
• Uxbridge Homes For Sale
• Vaughan Homes For Sale
• Stouffville Homes For Sale
• Mississauga Homes For Sale

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.