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1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326

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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1227 251 Jarvis Street
Church-Yonge Corridor Toronto M5B 0C3

$350,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 1: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 2: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 3: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 4: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 5: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 6: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 7: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 8: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 9: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Photo 10: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12632326
Bathrooms:
1
modern studio in downtown Toronto with awesome unobstructed view facing West. Perfect view and atmosphere for WFH or students. Steps to Toronto Metropolitan University, Eaton Centre, Yonge/Dundas Square, Nathan Philips Square, Lakeshore, Cinema, Cafes & Restaurants. Includes one locker on the same level as the unit.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Approx. Age:
0-5
Total Approx Floor Area:
0-499
Exposure:
West
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
12
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Level:
12
Locker:
Owned
Family Room:
Yes
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$391.78
Maintenance fees include:
Building Insurance Included, Common Elements Included
Taxes:
$1,538 / 2025
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
Public Transit, Rec./Commun.Centre, School, Library, Hospital, Clear View
Carpet Free
Concierge/Security
Yes-with Restrictions
All ELF, microwave, fridge, stove, washer/dryer, one locker on the same floor as unit
Concrete
Concierge, Gym, Party Room/Meeting Room
Floor
Type
Size
Other
Main
Living Room
16'6" × 9'6"
Open Concept, W/O To Balcony, Combined w/Dining
Main
Bedroom
16'6" × 9'6"
Open Concept, W/O To Balcony, Laminate
Main
Kitchen
16'6" × 9'6"
Open Concept, Stainless Steel Appl, Combined w/Br
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
2798
Property Management Company:
Icon Property Management
Date Listed:
Dec 13, 2025
Original Price:
Previous Price:
  • Photo 1: 1227 251 Jarvis Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12632326
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated December 19, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
288
Avg list price:
$618,500
Min list price:
$325,000
Max list price:
$2,485,000
Avg days on market:
53
Min days on market:
1
Max days on market:
871
These statistics are generated based on the current listing's property type and located in Church-Yonge Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DARYL KING
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:

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.