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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201 735 Don Mills Road

Flemingdon Park Toronto M3C 1S9

$388,000

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:

C12486432

Bedrooms:

1

Bathrooms:

1

• Photos (15)

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Introducing suite 201 at 735 Don Mills Road, a beautifully renovated 1-bedroom, 1-bathroom condo in Toronto's vibrant Flemingdon Park neighbourhood. This freshly repainted unit features new flooring throughout, a modern kitchen with a stylish backsplash and ceramic tile, and a contemporary bathroom. Large windows fill the space with natural light, creating a bright and inviting atmosphere. All utilities, internet, and cable TV are included in the maintenance fees, providing exceptional value and convenience. The well-managed building offers excellent amenities including an indoor pool, gym, sauna, and 24-hour security. Ideally located near the Aga Khan Museum, Loblaws Superstore, and with TTC access right at your doorstep, this home offers both comfort and connectivity in a prime location.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

51-99

Total Approx Floor Area:

600-699

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:

Baseboard

Heating Fuel:

Other

Storey:

2

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Inside Entry

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker Number:

1

Locker Unit:

172

Locker:

Exclusive

Family Room:

No

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$697

Maintenance fees include:

Heat Included, Hydro Included, Water Included, Common Elements Included, Cable TV Included

Taxes:

$1,022.87 / 2024

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C11

Listing Sub-Area:

Flemingdon Park

Property Features / Area Influences:

Arts Centre, Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School

Interior Features:

Carpet Free

Exterior Features:

Landscaped, Patio, Recreational Area

Security Features:

Concierge/Security, Alarm System, Carbon Monoxide Detectors, Monitored, Smoke Detector, Security Guard

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, S/S Stove, All Existing Window Coverings, All Electrical Light Fixtures, And Parking & Locker.

Exterior Finish:

Concrete

Building Amenities:

Bike Storage, Exercise Room, Game Room, Gym, Indoor Pool, Party Room/Meeting Room

Elevator:

Yes

Retirement:

No

View:

City

Room Information:

Floor

Type

Size

Other

Flat

Living Room

17'5"5.31 m × 11'4"3.45 m

Large Window, Combined w/Dining, Laminate

Flat

Dining Room

17'5"5.31 m × 11'4"3.45 m

Combined w/Living, Large Window, Laminate

Flat

Kitchen

8'2"2.49 m × 7'5"2.26 m

Laminate

Flat

Bedroom

13'1½"4.00 m × 12'2½"3.72 m

Closet, Large Window, Laminate

Other Details:

Special Designation:

Unknown

Air Conditioning:

Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Coin Operated

Laundry Level:

Lower Level

Business Info:

Condo Corporation Number:

51

Property Management Company:

Nadlan Harris Property Management

Listing Info:

Date Listed:

Oct 28, 2025

Original Price:

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Previous Price:

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Listed by ROYAL TEAM REALTY INC.

Data was last updated October 31, 2025 at 04:15 AM (UTC)

Area Statistics

Listings on market:

60

Avg list price:

$492,450

Min list price:

$349,900

Max list price:

$799,900

Avg days on market:

43

Min days on market:

2

Max days on market:

246

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

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.