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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1707 2645 Kipling Avenue

Mount Olive-Silverstone-Jamestown Toronto M9V 3S6

$385,000

Residential Condo & Other beds: 2 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

W12858438

Bedrooms:

2

Bathrooms:

1

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Estate Sale - Beautifully maintained bright and spacious unit offering a functional layout and great natural light. No carpet throughout offers a clean, modern feel. Enjoy a large west-facing terrace with open views-perfect for relaxing sunsets. Large walk-in pantry/storage closet ensuite. Low maintenance fees include water, building insurance, heat and internet/cable making this an affordable and appealing option for a wide range of buyers. One parking spot is included in the underground garage. Located in an excellent neighbourhood close to public transit, shopping, schools, parks, and all amenities. A fantastic opportunity for families, first-time buyers, downsizers, and investors seeking value and convenience.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

900-999

Exposure:

West

Bedrooms:

2

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Electric

Storey:

16

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

0

Total Parking Spaces:

1.0

Locker:

Ensuite

Family Room:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$498.81

Maintenance fees include:

Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included

Taxes:

$640.98 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W10

Listing Sub-Area:

Mount Olive-Silverstone-Jamestown

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Rental Items:

N/A

Inclusions:

Includes All Electric Light Fixtures, Fridge, Stove, Over Stove Microwave, Under-counter, Freezer Unit, and All Window Coverings.

Exterior Finish:

Brick

Elevator:

Yes

Room Information:

Floor

Type

Size

Other

Main

Living Room

19'5"5.92 m × 11'8½"3.57 m

Large Window, W/O To Balcony, Parquet

Main

Dining Room

9'5"2.87 m × 8'6"2.59 m

Combined w/Living, Parquet

Main

Kitchen

12'2"3.71 m × 10'2"3.10 m

Ceramic Floor

Main

Primary Bedroom

14'7"4.44 m × 10'2"3.10 m

Large Closet, Parquet

Main

Bedroom 2

11'4"3.45 m × 8'11½"2.73 m

Parquet, Closet

Main

Utility Room

7'3"2.21 m × 3'4"1.02 m

Large Closet

Other Details:

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Laundry Room

Business Info:

Condo Corporation Number:

414

Property Management Company:

DATSUN Property Management Ltd.

Listing Info:

Date Listed:

Mar 07, 2026

Original Price:

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Previous Price:

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Listed by CENTURY 21 PERCY FULTON LTD.

Data was last updated March 9, 2026 at 01:15 AM (UTC)

Area Statistics

Listings on market:

33

Avg list price:

$519,999

Min list price:

$325,000

Max list price:

$589,901

Avg days on market:

37

Min days on market:

1

Max days on market:

255

These statistics are generated based on the current listing's property type and located in Mount Olive-Silverstone-Jamestown. 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.