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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205 4198 Dundas Street W

Edenbridge-Humber Valley Toronto M8X 1Y6

$398,500

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:

W12534962

Bedrooms:

1

Bathrooms:

1

• Photos (28)

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Welcome to Suite 205 at the Humber Lofts - an intimate boutique residence of only 33 units, ideally situated in the heart of Central Etobicoke. Enjoy the convenience of being only steps to Dundas St W, Bloor St W, shopping, cafes, transit, Royal York Subway Station, Lambton Park, and scenic walking and cycling trails along the Humber River. Beautifully renovated with contemporary finishes, this suite offers a bright and functional open-concept layout enhanced by new laminate flooring, high-profile baseboards and fresh, neutral tones throughout. The thoughtfully updated kitchen serves as the centerpiece of the home, featuring modern stainless steel appliances, abundant hardwood cabinetry accented with brushed gold hardware, chic beveled subway tile, upgraded pendant and recessed lighting, and quartz countertops with an extended peninsula for additional seating. The spacious living and dining area boasts soaring 10 ft ceilings and a Juliette balcony that invites an abundance of natural light. The stylish 4-piece bathroom has been fully redesigned with large-format porcelain tile, a modern vanity, and a glass-enclosed shower accented with gold fixtures. The serene primary bedroom offers a mirrored double closet, recessed lighting, and a large window complete with California shutters. Residents also enjoy access to the recently updated rooftop terrace, offering a peaceful outdoor retreat with lounge seating, gazebo, and barbeque area - perfect for relaxing or entertaining. Elegantly upgraded and lovingly maintained by its current owner, Suite 205 presents a rare opportunity to own a refined, move-in-ready home in a highly desirable community.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

500-599

Exposure:

East

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

2

Balcony:

Juliette

Basement:

None

Fireplace/Stove:

No

Garage:

Carport

Garage Spaces:

1.0

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker Number:

7

Locker:

Owned

Family Room:

No

Possession Details:

Flexible

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$941.45

Maintenance fees include:

Common Elements Included, Building Insurance Included

Taxes:

$1,327.19 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W08

Listing Sub-Area:

Edenbridge-Humber Valley

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Rental Items:

Hot Water Tank

Inclusions:

Stainless Steel Fridge, Stove, Built In Microwave, Dishwasher, Washer, Dryer, All Electric Light Fixtures, All Window Coverings

Exterior Finish:

Stucco (Plaster)

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Business Info:

Condo Corporation Number:

1305

Property Management Company:

G.S Atkins Property Management

Listing Info:

Date Listed:

Nov 11, 2025

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated November 13, 2025 at 08:15 PM (UTC)

Area Statistics

Listings on market:

26

Avg list price:

$759,498

Min list price:

$398,500

Max list price:

$2,290,000

Avg days on market:

52

Min days on market:

0

Max days on market:

297

These statistics are generated based on the current listing's property type and located in Edenbridge-Humber Valley. 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.