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.

1804 60 Pavane Linkway
Flemingdon Park Toronto M3C 2Y6

$299,000
Residential Condo & Other beds: 2+1 baths: 1.0

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Listed by MATRIX REALTY INC.

Data was last updated March 7, 2026 at 06:15 AM (UTC)

Area Statistics

Listings on market:: 40

Avg list price:: $509,900

Min list price:: $299,000

Max list price:: $748,000

Avg days on market:: 29

Min days on market:: 1

Max days on market:: 374

These statistics are generated based on the current listing's property type and located in Flemingdon 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

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.

1804 60 Pavane Linkway Flemingdon Park Toronto M3C 2Y6

$299,000 Residential Condo & Other beds: 2+1 baths: 1.0