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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2210 3260 Sheppard Avenue E

Tam O'Shanter-Sullivan Toronto M1T 0B5

$399,900

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:

E12584336

Bedrooms:

1

Bathrooms:

1

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Welcome to Pinnacle Toronto East, where contemporary design and everyday convenience come together in one of Scarborough's most sought-after neighbourhoods. This beautifully maintained one-bedroom suite features a bright, open-concept layout with 9-foot ceilings, elegant finishes, and expansive floor-to-ceiling windows that fill the space with natural light. The modern kitchen boasts stainless steel appliances, quartz countertops, and ample cabinet space, flowing seamlessly into the inviting living and dining area-perfect for entertaining or relaxing after a long day. Step out onto your private balcony to enjoy unobstructed east-facing views. The spacious bedroom offers a peaceful retreat with generous storage and plenty of natural light, while in-suite laundry provides everyday convenience. Ideally situated at Sheppard and Warden, you're just minutes from Fairview Mall, Scarborough Town Centre, grocery stores, restaurants, schools, parks, and major highways (401, 404, and 407). Residents enjoy a fantastic array of building amenities, including a fully equipped fitness centre, yoga studio, outdoor pool, rooftop terrace with BBQs, party lounge, children's play area, and more. This is modern condo living at its best in a prime Scarborough location.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Property Attached:

Yes

Home Style:

Apartment

Approx. Age:

New

Total Approx Floor Area:

500-599

Exposure:

South West

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

# Main Level Bedrooms:

0

# Main Level Bathrooms:

0

Rooms Above Grade:

4

Rooms:

4

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Cooling:

Yes

Storey:

22

New Construction:

Yes

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Attached Garage:

Yes

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

Owned

Family Room:

No

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$418.13

Maintenance fees include:

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

Taxes:

$0 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E05

Listing Sub-Area:

Tam O'Shanter-Sullivan

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Stove, Dishwasher, Microwave. Stacked Washer and Dryer, All ELFs, One Parking Spot and One Locker.

Exterior Finish:

Other

Room Information:

Floor

Type

Size

Other

Flat

Living Room

18'3"5.56 m × 11'6"3.51 m

Open Concept, Large Window, Laminate

Flat

Dining Room

18'3"5.56 m × 11'6"3.51 m

Open Concept, Laminate

Flat

Kitchen

18'3"5.56 m × 11'7"3.53 m

B/I Appliances, Open Concept, Laminate

Flat

Bedroom

10'3"3.12 m × 9'9"2.97 m

W/O To Balcony, Large Closet, Laminate

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:

0

Property Management Company:

Del Property Management

Listing Info:

Date Listed:

Nov 28, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX PLUS CITY TEAM INC.

Data was last updated November 30, 2025 at 04:15 PM (UTC)

Area Statistics

Listings on market:

58

Avg list price:

$554,000

Min list price:

$310,000

Max list price:

$1,680,000

Avg days on market:

34

Min days on market:

1

Max days on market:

580

These statistics are generated based on the current listing's property type and located in Tam O'Shanter-Sullivan. 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.