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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219 5 Massey Square
Crescent Town Toronto M4C 5L4

$399,900
Residential Condo & Other beds: 2 baths: 1.0

Main Photo: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 1: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 2: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 3: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 4: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 5: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 6: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 7: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 8: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 9: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 10: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 11: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 12: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 13: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 14: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 15: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 16: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 17: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 18: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 19: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 20: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 21: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 22: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 23: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 24: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 25: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 26: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 27: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 28: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 29: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 30: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 31: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Photo 32: 219 5 Massey Square in Toronto: Crescent Town Condo Apartment for sale (Toronto E03)  : MLS®# E12720518
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
E12720518
Bedrooms:
2
Bathrooms:
1
Welcome to a well-maintained, spacious 2-bedroom, 1-bathroom condominium ideal for family living or long-term investment. The suite features newer flooring, updated counters, ample storage, stylish light fixtures, and a large enclosed terrace for everyday enjoyment. The location delivers daily convenience. Steps to Danforth Avenue, Victoria Park Subway Station, multiple bus routes, restaurants, grocery options, medical facilities, places of worship, parks, and local services. On the main level, enjoy easy access to on-site commerce, including a grocery store, convenience store, gym, recreation centre, medical offices, and additional services. The building is consistently cleaned, well-managed, and monitored by a professional security team. Residents benefit from a strong sense of community and a comfortable, well cared for environment.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
1000-1199
Exposure:
East
Bedrooms:
2
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Heating type:
Other
Heating Fuel:
Other
Storey:
2BD5
Balcony:
Enclosed
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
Rental
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$841.73
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included
Parking Cost per Month:
$80
Taxes:
$1,191.46 / 2025
Assessment:
$- / -
Toronto
Toronto E03
Crescent Town
Park, Public Transit, School
Primary Bedroom - Main Floor
Security Guard
Yes-with Restrictions
Fridge, stove, electrical light fixtures, all window coverings
Brick
Exercise Room, Indoor Pool, Recreation Room, Visitor Parking
Floor
Type
Size
Other
Flat
Living Room
21'7" × 20'8"
Combined w/Dining, Laminate, Large Window
Flat
Kitchen
10'7" × 7'10⅞"
Backsplash, Tile Floor
Flat
Dining Room
21'7" × 20'8"
Combined w/Living, Balcony, Window
Flat
Primary Bedroom
15'7" × 10'11½"
Window, Closet, Laminate
Flat
Bedroom 2
12'10" × 10'4"
Laminate, Window, Closet
Special Designation:
Unknown
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Coin Operated
Condo Corporation Number:
76
Property Management Company:
York Condominium Corporation Management
Date Listed:
Jan 22, 2026
Original Price:
Previous Price:
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Listed by RIGHT AT HOME REALTY
Data was last updated January 23, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$499,900
Min list price:
$384,900
Max list price:
$822,800
Avg days on market:
49
Min days on market:
1
Max days on market:
175
These statistics are generated based on the current listing's property type and located in Toronto E03. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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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.

Explore More GTA Homes:

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.