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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1212 36 Lee Centre Drive

Woburn Toronto M1H 3K2

$379,000

Residential Condo & Other beds: 1 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12755098

Bedrooms:

1

Bathrooms:

1

• Photos (22)

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A stunning corner unit in a stylish luxury condominium, ideally located in the prestigious Scarborough Town Centre area. Featuring a thoughtfully designed open-concept layout, this home offers expansive windows with panoramic, unobstructed views and an abundance of natural light. Tastefully painted throughout, its showcases with Laminate flooring throughout. The thoughtful layout maximizes space and light, creating a welcoming home perfect for first-time buyers or investors. This residence strikes the perfect balance of comfort and convenience. The building offers exceptional amenities including a 24-hour concierge, indoor swimming pool, whirlpool, fully equipped gym, table tennis, party room, guest suite, and more. Ideally situated just steps from public transit, major highways, shopping centres, supermarkets, fine dining, entertainment, schools, and Centennial College.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Property Attached:

Yes

Home Style:

Apartment

Total Approx Floor Area:

500-599

Exposure:

South

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

# Main Level Bedrooms:

0

# Main Level Bathrooms:

0

Rooms Above Grade:

4

Rooms:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Cooling:

Yes

Storey:

11

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Attached Garage:

Yes

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

0

Total Parking Spaces:

1.0

Parking Spot #1:

195

Locker:

Owned

Family Room:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$468

Maintenance fees include:

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

Taxes:

$1,502.11 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E09

Listing Sub-Area:

Woburn

Interior Features:

Other

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Dishwasher, Stove, Washer, Dryer, Fixed lighting

Exterior Finish:

Concrete

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:

1622

Property Management Company:

Shiu Pong Management Ltd.

Listing Info:

Date Listed:

Feb 03, 2026

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE IGNITE REALTY

Data was last updated February 4, 2026 at 07:15 PM (UTC)

Area Statistics

Listings on market:

51

Avg list price:

$499,999

Min list price:

$349,900

Max list price:

$699,000

Avg days on market:

30

Min days on market:

1

Max days on market:

149

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