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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208 10 Parkway Forest Drive

Henry Farm Toronto M2J 1L3

$369,900

Residential Condo & Other beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12807774

Bedrooms:

1

Bathrooms:

1

• Photos (31)

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Welcome to Unit 208 at 10 Parkway Forest Drive - a well-maintained carpet-free 1-bedroom, 1-bathroom condo in a highly convenient North York location. This bright and functional suite offers a smart layout that maximizes space, making it ideal for first-time buyers, downsizers, or investors. The unit is in good condition and features comfortable living space with plenty of natural light. The kitchen provides ample cabinetry and workspace, while the open living and dining area creates an inviting atmosphere for everyday living. The spacious bedroom includes generous closet space, and the full bathroom is clean and well kept. Situated just south of Fairview Mall, you're within walking distance to the subway, parks, schools, recreation centres, and a wide range of shopping and dining options. Easy access to Highway 404 & 401 makes commuting simple and efficient. Residents enjoy excellent building amenities, including out-door pool, sauna, and exercise facilities. An excellent opportunity to own in a well-established building in a prime, transit-friendly neighbourhood.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

51-99

Total Approx Floor Area:

800-899

Exposure:

North

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

6

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Gas

Storey:

3

Foundation:

Concrete

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Parking Spot #1:

126

Locker:

None

Family Room:

No

Possession Details:

FLEXIBLE

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Maintenance Fee:

$749

Maintenance fees include:

Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included

Assessment:

$175,000

Assessment Year:

2025

Taxes:

$1,320 / 2025

Assessment:

$175,000.00 / 2025

County:

Toronto

Listing Area:

Toronto C15

Listing Sub-Area:

Henry Farm

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

Refrigerator, stove, washer, dryer, window coverings

Exterior Finish:

Brick

Building Amenities:

Outdoor Pool, Visitor Parking, Exercise Room

Elevator:

Yes

View:

Pool

Room Information:

Floor

Type

Size

Other

Main

Living Room

18'2½"5.55 m × 13'11"4.24 m

Main

Dining Room

9'5"2.87 m × 7'1"2.16 m

Main

Kitchen

10'6"3.20 m × 7'7"2.31 m

Ceramic Floor

Main

Bedroom

14'9½"4.51 m × 11'8"3.56 m

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

-

5' x 7'

Other Details:

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Coin Operated, Common Area, In Building

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

301

Property Management Company:

Nadlan-Harris Property Management Inc.

Listing Info:

Date Listed:

Feb 20, 2026

Original Price:

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Previous Price:

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  Floor Plan

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Listed by HOMELIFE NU-KEY REALTY LTD.

Data was last updated February 22, 2026 at 11:15 PM (UTC)

Area Statistics

Listings on market:

57

Avg list price:

$528,000

Min list price:

$369,900

Max list price:

$1,098,000

Avg days on market:

42

Min days on market:

2

Max days on market:

326

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