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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1405 70 Temperance Street
Bay Street Corridor Toronto M5H 0B1

$398,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
Photo 1: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
Photo 2: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
Photo 3: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
Photo 4: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12715356
Bathrooms:
1
Nestled in the heart of financial district. Functional unit with 9" ceilings, outdoor terrace, golf room, board room and fitness centre.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
0-499
Exposure:
East
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
13
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
None
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Level:
D
Locker Unit:
430
Locker:
Exclusive
Family Room:
No
Possession Details:
Imm
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$340
Maintenance fees include:
Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$2,217 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Beach, Hospital, Library, Park, Public Transit
Storage
Yes-with Restrictions
Concrete
Bike Storage, Exercise Room, Game Room
Yes
Floor
Type
Size
Other
Flat
Living Room
11'11" × 4'11"
Flat
Dining Room
11'11" × 4'11"
Flat
Kitchen
11'11" × 4'11"
UFFI:
No
Energy Certification:
No
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Laundry Level:
Main Level
Condo Corporation Number:
2529
Property Management Company:
Duka Property Management
Date Listed:
Jan 20, 2026
Original Price:
Previous Price:
  • Photo 1: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
    Photo 1 of 4
  • Photo 2: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
    Photo 2 of 4
  • Photo 3: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
    Photo 3 of 4
  • Photo 4: 1405 70 Temperance Street in Toronto: Bay Street Corridor Condo Apartment for sale (Toronto C01)  : MLS®# C12715356
    Photo 4 of 4
Listed by CENTURY 21 HERITAGE GROUP LTD.
Data was last updated January 21, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$769,000
Min list price:
$368,000
Max list price:
$6,998,000
Avg days on market:
53
Min days on market:
1
Max days on market:
701
These statistics are generated based on the current listing's property type and located in Bay Street Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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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.