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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1410 101 Prudential Drive

Dorset Park Toronto M1P 4S5

$385,000

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:

E12835334

Bedrooms:

1

Bathrooms:

1

• Photos (21)

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OPPORTUNITY KNOCKS! Big, bright and beautiful 1 bedroom, 1 bathroom condo available for sale in ultra-convenient Scarborough location. Sunny open-concept living and dining area with walk-out to spacious open balcony, and with huge floor-to-ceiling windows that let the light pour in and penetrate the space. Large, eat-in kitchen with stainless-steel appliances, ceramic tile floor and plenty of storage room. Airy primary bedroom with large mirrored closet and ample room for a work-station. Modern fully renovated 4 piece bathroom with sleek tasteful finishes. Unit includes 1 owned parking space. Enjoy low property taxes, and low maintenance-fees that include heat, hydro and water! Incredible potential for first-time buyers and investors. Well-maintained building with gym, outdoor pool, sauna, visitor parking and recreation area. So much to love! Fantastic Midland and Lawrence location that's steps from transit routes, parks, grocery stores, eateries, shops and services. Easy access to the 401, Scarborough Town Centre, and UofT's Scarborough campus. The best of the city awaits!

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

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Water

Heating Fuel:

Gas

Storey:

13

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

None

Parking Type:

Owned

Parking Spaces:

0

Total Parking Spaces:

1.0

Parking Spot #1:

2282

Locker:

None

Family Room:

No

Possession Details:

90 Days

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$525.23

Maintenance fees include:

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

Taxes:

$958.49 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E04

Listing Sub-Area:

Dorset Park

Property Features / Area Influences:

Hospital, Park, Public Transit, Ravine, Rec./Commun.Centre, School

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Exterior Finish:

Brick

Building Amenities:

Exercise Room, Outdoor Pool, Sauna, Visitor Parking

Room Information:

Floor

Type

Size

Other

Main

Living Room

20'2"6.15 m × 11'9"3.58 m

Combined w/Dining, Large Window, W/O To Balcony

Main

Dining Room

10'3.05 m × 8'2.44 m

Combined w/Living, Open Concept, W/O To Balcony

Main

Kitchen

13'1½"4.00 m × 7'8"2.34 m

Eat-in Kitchen, Stainless Steel Appl, Ceramic Floor

Main

Primary Bedroom

16'11"5.16 m × 10'11"3.33 m

Large Closet, Window, Ceiling Fan(s)

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

4

0' x 0' 4 Pc Bath, Renovated

Other Details:

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In Building

Business Info:

Condo Corporation Number:

211

Property Management Company:

Andrejs Management Inc.

Listing Info:

Date Listed:

Mar 02, 2026

Original Price:

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Previous Price:

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Listed by KELLER WILLIAMS ADVANTAGE REALTY

Data was last updated March 5, 2026 at 06:15 AM (UTC)

Area Statistics

Listings on market:

29

Avg list price:

$429,800

Min list price:

$349,900

Max list price:

$649,000

Avg days on market:

50

Min days on market:

2

Max days on market:

522

These statistics are generated based on the current listing's property type and located in Dorset Park. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• 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.