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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1908 155 Yorkville Avenue

Annex Toronto M5R 1C4

$299,000

Residential Condo & Other beds: 0 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12712622

Bathrooms:

1

• Photos (23)

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A refined studio residence in the heart of Yorkville, offering an exceptional lifestyle on one of Toronto's most prestigious streets. Located in a luxury, well-managed building with 24-hour concierge, fitness centre, and elegant party room, this is a home that feels elevated from the moment you arrive. Ideal as a downtown pied-à-terre, or a high-demand investment opportunity. Previously operated as a successful Airbnb (buyer to verify all current use and regulations). Steps to Bloor Street shopping, fine dining, transit, and cultural landmarks. A rare chance to own in a premier Yorkville building where location, lifestyle, and long-term value align. Offer reviewed Tuesday January 27th at 5pm.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

0-499

Exposure:

South

Bedrooms:

0

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

0

Kitchens Above Grade:

1

Rooms Above Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

18

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker:

Owned

Family Room:

No

Possession Details:

Immediate / TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$515.34

Maintenance fees include:

Building Insurance Included, Common Elements Included

Taxes:

$2,963.57 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C02

Listing Sub-Area:

Annex

Interior Features:

Countertop Range, Separate Heating Controls, Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

All existing furnishings, built-in microwave, stove top, built-in dishwasher drawer, window coverings, combo washer/dryer.

Exterior Finish:

Concrete

Building Amenities:

Concierge, Gym, Party Room/Meeting Room, Sauna, Exercise Room, Bike Storage

View:

City

Room Information:

Floor

Type

Size

Other

Main

Foyer

10'3"3.12 m × 3'7"1.09 m

Laminate, Closet

Main

Living Room

13'6"4.11 m × 11'11"3.63 m

Open Concept, 4 Pc Bath, South View

Main

Kitchen

10'3.05 m × 5'10"1.78 m

Open Concept, B/I Appliances, Combined w/Living

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

4

7'10⅞" x 4'9" 4 Pc Bath

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

2586

Property Management Company:

First Service Residential - 416-901-4961

Listing Info:

Date Listed:

Jan 20, 2026

Original Price:

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Previous Price:

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Data was last updated January 21, 2026 at 12:15 PM (UTC)

Area Statistics

Listings on market:

153

Avg list price:

$899,900

Min list price:

$299,000

Max list price:

$17,800,000

Avg days on market:

57

Min days on market:

1

Max days on market:

580

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