1410 231 Fort York Boulevard in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C13023944
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.
Welcome to this smartly designed bachelor condo offering incredible value in one of Toronto's most vibrant neighbourhoods. This sun-filled unit maximizes every inch of space with a built-in Murphy bed, allowing for a seamless transition between living and sleeping areas-perfect for modern urban living. The functional layout is complemented by large windows that fill the space with natural light, creating an open and inviting atmosphere. A dedicated locker provides valuable extra storage, adding to the unit's practicality. Ideal for investors, the property is currently tenanted and generating positive cash flow, making it a turnkey addition to any portfolio. Situated just steps from Liberty Village, you'll enjoy easy access to trendy restaurants, cafés, shops, transit, and the waterfront. Whether you're a first-time buyer or savvy investor, this is an opportunity you won't want to miss!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Bachelor/Studio
Approx. Age:
16-30
Total Approx Floor Area:
0-499
Exposure:
North East
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
14
Balcony:
None
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Number:
222
Locker Level:
P3
Locker Unit:
222
Locker:
Owned
Family Room:
No
Possession Details:
30-60 days
HST Applicable To Sale Price:
Not Subject to HST
Maintenance Fee:
$354.56
Maintenance fees include:
Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$1,500.63 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Niagara
None
Yes-with Restrictions
None
Murphy bed and mattress (dbl.), matching cubby unit, Tall shelf unit, Freestanding counter and two stools, Window coverings, Washer/Dryer, Fridge, Stove, Microwave/Hood, Dishwasher, Assorted kitchen utensils.
Items belonging to tenant
Concrete
Game Room, Media Room, Bike Storage, Party Room/Meeting Room, Guest Suites
Data was last updated April 22, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
202
Avg list price:
$624,000
Min list price:
$299,900
Max list price:
$3,295,000
Avg days on market:
31
Min days on market:
1
Max days on market:
685
These statistics are generated based on the current listing's property type
and located in
Niagara. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.
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.