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.
209 2245 Eglinton Avenue E
Toronto
M1K 2N3
$399,000
Residential Condo & Other
beds: 1+1
baths: 1.0
Open House
-
Nov 15, 2025
01:00 PM
-
04:00 PM
EST
NOTES: Open House on Saturday, November 15, 2025 1:00PM - 4:00PM
Open House
-
Nov 16, 2025
01:00 PM
-
04:00 PM
EST
NOTES: Open House on Sunday, November 16, 2025 1:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- E12527488
- Bedrooms:
- 1+1
- Bathrooms:
- 1
- Photos (22)
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Welcome to Suite 209! Spacious 1-bedroom plus den suite with dividing wall, walking distance to Kennedy Subway with frequent TTC service at your doorstep, soon-available Eglinton Crosstown Light Rail Transit (LRT), and located near shopping centers (SmartCentres), groceries (No Frills, Costco, Wal-Mart), restaurants, and close to nearby parks and green spaces for peaceful walks, fresh air, and weekend unwinding. Easily accessible to SATEC at W.A. Porter Collegiate, a well-regarded academic high school program specializing in technology, computer studies, and environmental sciences, known for strong academic expectations, motivated students, and a learning environment that encourages leadership, innovation, and real-world problem-solving. This suite is rarely available in a very convenient location; freshly painted with ensuite laundry providing added comfort and privacy - most of the other suites in this condo building rely on the coin-operated laundry in the basement. A surface parking space right across your suite is included for your vehicle, along with a secure underground storage locker for your seasonal and extra belongings. Low maintenance fee includes all utilities, what else can you ask for! This suite offers incredible value for first-time homebuyers, downsizers, investors, or anyone looking for the perfect balance of comfort and convenience. Great condos don't wait. With interest rates decreasing, the best choices are going fast! Now is the moment to move - secure this opportunity before prices and competition rise again!
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Property Attached:
- Yes
- Home Style:
- Apartment
- Total Approx Floor Area:
- 800-899
- Topography:
- Sloping
- Exposure:
- West
- Bedrooms:
- 1+1
- Bathrooms:
- 1.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 1
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 1
- # Main Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- Rooms Above Grade:
- 4
- Rooms Below Grade:
- 1
- Rooms:
- 5
- Zoning:
- Residential
- Heating type:
- Other
- Heating Fuel:
- Gas
- Cooling:
- Yes
- Storey:
- 1
- Balcony:
- None
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Surface
- Garage Spaces:
- 87.0
- Parking Features:
- Surface
- Parking Type:
- Exclusive
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Locker Level:
- P1
- Locker Unit:
- #35
- Locker:
- Exclusive
- Family Room:
- No
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $677.29
- Maintenance fees include:
- Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Parking Included, Water Included
- Taxes:
- $1,100.96 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto E04
- Ionview
- Cul de Sac/Dead End, Park, Public Transit, Ravine, School, Place Of Worship
- Carpet Free, Other
- Alarm System
- Yes-with Restrictions
- Stainless steel stove, fridge, built-in dishwasher, clothes washer & dryer, all window coverings, all electric light fixtures, portable air conditioner unit, all electric light fixtures, window coverings, one (1) surface parking #87 and one (1) underground locker #35 at P1.
- None
- Brick
- Visitor Parking
- Yes
- Floor
- Type
- Size
- Other
- Flat
- Living Room
- 23'5" × 22'7"
- Laminate, Combined w/Dining, Picture Window
- Ground
- Dining Room
- 23'5" × 22'7"
- Laminate, Combined w/Living, Picture Window
- Ground
- Kitchen
- 11'4" × 7'9"
- Ceramic Floor, Backsplash, Louvered Doors
- Ground
- Primary Bedroom
- 11'6" × 9'
- Laminate, Large Closet, Window
- Ground
- Bedroom
- 11'6" × 8'6"
- Laminate, Window, Sliding Doors
- Special Designation:
- Unknown
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Ensuite
- Laundry Level:
- Main Level
- Condo Corporation Number:
- 1072
- Property Management Company:
- MTCP
-
Exterior condo view beside the ravine -
Walkway leading to the main entrance
-
Open concept of living and dining combined
-
Alternate view of living and dining area
-
View of living and dining from the bedroom
-
Main entrance of the suite is on your right
-
Kitchen with ceramic floor and backsplash
-
Corner comfortable set-up of your L-shaped couch
-
Cook your homemade meals with lots of gusto
-
Your private kitchen ready for your touch
-
Formal dining for your sumptuous meals
-
Primary bedroom for your much-needed nightly rest
-
Another look of your relaxing bedroom
-
Cozy second bedroom, perfect for your little one
-
Alternate view of your calm second bedroom haven
-
Main entrance foyer with a short hallway
-
Your own private clothes washer and dryer
-
Bedroom view towards your dining and living space
-
Practical 4-piece washroom for everyday comfort
-
Main entrance hallway just steps from the elevator
-
Easy-access backyard for play and fresh air
-
Ravine beside the building for natural greenery
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Data was last updated November 13, 2025 at 10:15 PM (UTC)
Area Statistics
- Listings on market:
- 76
- Avg list price:
- $479,500
- Min list price:
- $298,800
- Max list price:
- $699,999
- Avg days on market:
- 42
- Min days on market:
- 1
- Max days on market:
- 534
These statistics are generated based on the current listing's property type
and located in
Toronto E04. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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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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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.