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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1408 30 Meadowglen Place

Woburn Toronto M1G 0A6

$399,888

Residential Condo & Other beds: 1+1 baths: 2.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12773850

Bedrooms:

1+1

Bathrooms:

2

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Welcome to this impeccably maintained and truly exceptional condo, ideally located in the heart of the highly sought-after Woburncommunity. Step inside to a bright and airy open-concept layoutdesigned to maximize natural light and create a warm, invitingatmosphere.it has spacious living and dining areas. This beautifullyappointed unit offers 1+1 bedrooms and 2 full bathrooms, providingimpressive flexibility. The den is perfectly suited for a home office,guest room, or nursery, while the generously sized primary bedroomfeatures ample closet space and a modern, spa-inspired ensuite.Located in a well-managed building with excellent amenities andconveniently close to shopping, schools, transit, and parks, thiscondo truly offers the complete package. An outstanding opportunity toown a move-in-ready home or a smart investment in one of Scarborough'smost desirable neighbourhoods.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

700-799

Exposure:

North

Bedrooms:

1+1

Bathrooms:

2.0

Kitchens:

1

Bedrooms Above Grade:

1

Bedrooms Below Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

13

Foundation:

Concrete

Roof:

Asphalt Shingle

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

Owned

Family Room:

No

Possession Details:

Flexible

Financial Info:

HST Applicable To Sale Price:

In Addition To

Maintenance Fee:

$514.98

Maintenance fees include:

Heat Included, Water Included, Common Elements Included, Building Insurance Included

Taxes:

$2,696.36 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E09

Listing Sub-Area:

Woburn

Interior Features:

Other

Pets Permitted:

Yes-with Restrictions

Inclusions:

Stove, Fridge, Microwave, Washer & Dryer, Dishwasher.

Exterior Finish:

Brick Front

Room Information:

Floor

Type

Size

Other

Flat

Living Room

11'1"3.38 m × 10'2"3.10 m

Laminate, Combined w/Dining

Flat

Kitchen

8'1"2.46 m × 6'4¾"1.95 m

Laminate, Combined w/Living

Flat

Dining Room

8'3¼"2.52 m × 8'2.44 m

Laminate, Granite Counters

Flat

Bedroom

10'11½"3.34 m × 10'1"3.07 m

Broadloom, Window

Flat

Bedroom 2

10'11½"3.34 m × 6'4¾"1.95 m

Broadloom, Window

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

Yes

Laundry Access:

Ensuite

Business Info:

Condo Corporation Number:

2808

Property Management Company:

Rab Property Management

Listing Info:

Date Listed:

Feb 10, 2026

Original Price:

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Previous Price:

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Listed by ROYAL LEPAGE IGNITE REALTY

Data was last updated February 10, 2026 at 03:15 AM (UTC)

Area Statistics

Listings on market:

54

Avg list price:

$500,000

Min list price:

$349,900

Max list price:

$699,000

Avg days on market:

32

Min days on market:

1

Max days on market:

154

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.