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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1401 8 Tippett Road E

Clanton Park Toronto M3H 0E7

$389,000

Residential Condo & Other beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12801664

Bedrooms:

1

Bathrooms:

1

• Photos (15)

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Bright and well-laid-out 1-bedroom, 1-bathroom condo offering 499 sq ft of functional living space. This north-facing unit features an open-concept layout with large windows that provide plenty of natural light. The modern kitchen flows seamlessly into the living and dining area, maximizing space and comfort. The bedroom offers good closet space, and the unit includes 1 storage locker for added convenience. No parking included. A great opportunity for first-time buyers or investors!

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

New

Total Approx Floor Area:

0-499

Exposure:

North

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

1

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

14

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker:

None

Family Room:

Yes

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$0

Maintenance fees include:

None

Taxes:

$1,855 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C06

Listing Sub-Area:

Clanton Park

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Exterior Finish:

Brick

Other Details:

Energy Certification:

No

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Business Info:

Condo Corporation Number:

3010

Property Management Company:

Del Property Management 416-398-0222

Listing Info:

Date Listed:

Feb 19, 2026

Original Price:

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Previous Price:

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Listed by ORIGIN COLLECTIVE REALTY LTD.

Data was last updated February 22, 2026 at 11:15 PM (UTC)

Area Statistics

Listings on market:

69

Avg list price:

$519,990

Min list price:

$380,000

Max list price:

$1,099,900

Avg days on market:

34

Min days on market:

1

Max days on market:

208

These statistics are generated based on the current listing's property type and located in Clanton Park. 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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• Condos for Sale in Toronto Under $400K
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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.