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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1209 121 Ling Road

West Hill Toronto M1E 4Y2

$400,000

Residential Condo & Other beds: 2 baths: 2.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12560486

Bedrooms:

2

Bathrooms:

2

• Photos (9)

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Discover incredible value in this exceptionally maintained building featuring 24-hour concierge, beautifully manicured grounds, and a full roster of amenities. Steps Away to Ravine Park Plaza with No Frills, Shoppers, banks, medical offices, restaurants and cafés just steps from your door. Public transit is right outside, with quick access to Kingston Road and the 401. Schools, daycares, parks, and the Heron Park Community Centre with skating, swimming, and programs for all ages are all nearby. Inside the unit, you'll find nearly 1100 square feet of bright, open living space with expansive treetop, neighbourhood, and Lake Ontario views from every room. The functional layout includes two bedrooms and two full bathrooms. One bedroom has been thoughtfully reconfigured so the closet sits in the hallway, maximizing usable space. Extremely clean and well cared for.This building is known for its warm, social community. Residents regularly enjoy organized craft nights, day trips, holiday events, and more. The property management team is praised for being proactive, responsive, and genuinely involved in resident care.A rare opportunity to purchase at an extremely attractive price point, giving you room to personalize finishes while benefiting from lower-than-average maintenance fees that include several utilities - even cable.If you're looking for a safe, quiet, well-kept building with excellent accessibility, walkability, and a true community feel, this hidden gem in a family-friendly neighbourhood is an outstanding choice.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

1000-1199

Exposure:

South East

Bedrooms:

2

Bathrooms:

2.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

7

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Electric

Storey:

12

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground, Tandem

Parking Type:

Exclusive

Parking Spaces:

0

Total Parking Spaces:

1.0

Locker:

Ensuite

Family Room:

No

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$824.4

Maintenance fees include:

Water Included, Cable TV Included, Common Elements Included, Parking Included, Building Insurance Included

Assessment Year:

2025

Taxes:

$1,772 / 2024

Assessment:

$- / 2025

County:

Toronto

Listing Area:

Toronto E10

Listing Sub-Area:

West Hill

Property Features / Area Influences:

Clear View, Library, Public Transit, Rec./Commun.Centre, Hospital, School

Interior Features:

Storage

Security Features:

Concierge/Security

Pets Permitted:

Yes-with Restrictions

Inclusions:

Electric Light Fixtures, Window Coverings, Existing Appliances

Exterior Finish:

Brick

Building Amenities:

Tennis Court, Visitor Parking, Gym, Community BBQ, Party Room/Meeting Room, Outdoor Pool

Elevator:

Yes

Other Details:

Special Designation:

Unknown

Air Conditioning:

Wall Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

457

Property Management Company:

Del Property Management Inc

Listing Info:

Date Listed:

Nov 19, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX WEST REALTY INC.

Data was last updated November 20, 2025 at 11:15 PM (UTC)

Area Statistics

Listings on market:

21

Avg list price:

$479,900

Min list price:

$315,000

Max list price:

$754,400

Avg days on market:

34

Min days on market:

1

Max days on market:

126

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

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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.