Condos for Sale in Toronto Under 400K – Affordable City Living Starts Here

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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  • 317 180 Markham Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12902252

    317 180 Markham Road Scarborough Village Toronto M1M 2Z9
    Main Photo: 317 180 Markham Road in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08)  : MLS®# E12902252
    $329,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12902252
    Bedrooms:
    2
    Bathrooms:
    2
    Bright and spacious fully renovated 2-bedroom, 2-bathroom suite, offering generous and functional living space. Enjoy a large private balcony with unobstructed views, perfect for relaxing or entertaining. This property is conveniently located in a high-demand area, just steps to Metro, Walmart, Tim Hortons, Starbucks, McDonald's, and a wide selection of local dining options. Commuters will appreciate the convenient access to both TTC and GO Station, making travel easy and efficient. All utilities: heat, hydro, water, cable are included in the maintenance fees, providing exceptional value. The building is professionally managed and meticulously maintained, ensuring a worry-free lifestyle. Includes one parking space and one locker for added convenience. Amenities include: outdoor pool, sauna, gym, party room + more. This is a move-in ready home in a prime location perfect for first-time buyers, downsizers, or investors. More details
    Listed by PRIME ESTATES REALTY INC.
    DARYL  KING
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  • 612 15 James Finlay Way in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05) : MLS®# W12897982

    612 15 James Finlay Way Downsview-Roding-CFB Toronto M3M 0B3
    Main Photo: 612 15 James Finlay Way in Toronto: Downsview-Roding-CFB Condo Apartment for sale (Toronto W05)  : MLS®# W12897982
    $399,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12897982
    Bathrooms:
    1
    Discover the perfect blend of style and convenience in this stunning, contemporary 10-storey condo! A 420 sq ft suite features a spacious full-length balcony (105 sq ft) with bright, unobstructed north-facing views- a peaceful retreat to enjoy every day. The airy interior boasts a generous walk-in closet, sleek engineered hardwood flooring, designer granite kitchen counters, and premium stainless steel appliances. Unbeatable location just minutes from Hwy 401, state-of-the-art Humber River Hospital, York University, and public transit. Directly across from a plaza with Metro, Shoppers Drug Mart, and more- everything you need right at your doorstep. This is contemporary urban living at its finest- act now before it's gone! More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 802 760 Sheppard Avenue W in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06) : MLS®# C12899288

    802 760 Sheppard Avenue W Bathurst Manor Toronto M3H 0B3
    Main Photo: 802 760 Sheppard Avenue W in Toronto: Bathurst Manor Condo Apartment for sale (Toronto C06)  : MLS®# C12899288
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12899288
    Bedrooms:
    1
    Bathrooms:
    1
    Stunning Avanti Condo Steps to TTC & Minutes to Downsview Subway!Beautifully upgraded, bright, and modern condo featuring a thoughtfully designed layout with two walk-outs to a large balcony offering unobstructed views.The sleek kitchen boasts granite countertops, a breakfast bar, and stainless steel appliances. The spacious bedroom includes a walk-in closet, and the unit is complete with an ensuite stacked washer and dryer for added convenience.Ideally located with TTC at your doorstep, just minutes to Downsview Subway Station, Highway 401, cafes, schools, parks, and a wide range of amenities along Sheppard Avenue. A perfect opportunity for end-users or investors seeking comfort, style, and unbeatable accessibility. More details
    Listed by SUTTON GROUP-ASSOCIATES REALTY INC.
    DARYL  KING
  • 525 39 BRANT Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12900040

    525 39 BRANT Street Waterfront Communities C1 Toronto M5V 0M8
    Main Photo: 525 39 BRANT Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12900040
    $399,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12900040
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to The Brant Park! Beautiful west-facing unit featuring large windows and an excellent floor plan with no wasted space. Located in the heart of King West, this prime location is just steps from some of Toronto's best restaurants, shops, nightlife, parks, TTC/streetcar access, Ace Hotel, Waterworks Food Hall, Loblaws, LCBO, and many of the city's iconic landmarks.Situated in one of Toronto's most vibrant neighbourhoods, The Brant Park offers residents loft-style living in an intimate and stylish setting.This bright junior one-bedroom suite is filled with natural light and offers some of the best views in the building overlooking St. Andrew's Park. The suite features an efficient layout, with concrete ceilings, and a modern urban feel that perfectly complements the King West lifestyle. More details
    Listed by HOMELIFE/5 STAR REALTY LTD.
    DARYL  KING
  • 809 100 Western Battery Road in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12900064

    809 100 Western Battery Road Niagara Toronto M6K 3S2
    Main Photo: 809 100 Western Battery Road in Toronto: Niagara Condo Apartment for sale (Toronto C01)  : MLS®# C12900064
    $369,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12900064
    Bathrooms:
    1
    Welcome to this beautifully designed studio in the heart of Liberty Village, offering the perfect blend of style, comfort, and functionality. Thoughtfully laid out to maximize space, this unit features floor-to-ceiling windows that fill the interior with natural light. The modern kitchen is equipped with stainless steel appliances, sleek cabinetry, and quality finishes, seamlessly flowing into the open-concept living area.Step out onto the oversized private balcony (approx. 110 sq. ft.), ideal for relaxing or entertaining during the warmer months. This unit also includes a generously sized parking space and an owned locker for additional storage. A well-designed closet system and spacious in-suite laundry add to the overall convenience.Residents enjoy access to a full suite of premium amenities, including a fitness centre, indoor pool, party and games rooms, cyber lounge, and guest suites. Located just steps to King Street transit, the King Liberty pedestrian bridge, and an array of cafes, restaurants, shops, and everyday essentials. Walking distance to the lake, BMO Field, and the Canadian National Exhibition grounds.An exceptional opportunity to own in Liberty Village-offering both parking and a locker at this price point, a rare find in one of Toronto's most desirable communities. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 108 55 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01) : MLS®# C12900432

    108 55 East Liberty Street Niagara Toronto M6K 3P9
    Main Photo: 108 55 East Liberty Street in Toronto: Niagara Condo Apartment for sale (Toronto C01)  : MLS®# C12900432
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12900432
    Bathrooms:
    1
    Welcome to Bliss Condos, a stylish ground level studio offering soaring ceilings and massive windows that fill the space with exceptional natural light. The layout is thoughtfully designed with absolutely no wasted space, creating a seamless flow between living, sleeping, and dining areas ideal for modern city living. The north facing balcony extends the living space outdoors and adds excellent everyday functionality for relaxing or entertaining.The modern kitchen features full size stainless steel appliances, a breakfast bar, and granite countertops, combining clean design with practical efficiency. A well appointed four piece bathroom, ensuite laundry, and the use of one locker add everyday comfort and convenience.Residents enjoy premium amenities including an indoor pool, fitness room, party and meeting room, and a 24 hour concierge, along with a rooftop deck, guest suites, and visitor parking. Perfectly situated in the heart of Liberty Village, this location is steps to Metro, Altea Active, Starbucks, LCBO, TTC and GO Transit, with King West, restaurants, grocery stores, and the waterfront all close by. A bright, efficient studio offering lifestyle, convenience, and strong urban appeal. More details
    Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
    DARYL  KING
  • 1108 30 Baseball Place in Toronto: South Riverdale Condo Apartment for sale (Toronto E01) : MLS®# E12900346

    1108 30 Baseball Place South Riverdale Toronto M4M 0E8
    Main Photo: 1108 30 Baseball Place in Toronto: South Riverdale Condo Apartment for sale (Toronto E01)  : MLS®# E12900346
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12900346
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to Riverside Square! Bright and stylish 1 bedroom + den suite with parking in one of Toronto's most vibrant and sought-after neighbourhoods. This well-designed unit features a functional open-concept layout with floor-to-ceiling windows that fill the space with natural light. The modern kitchen offers sleek cabinetry, integrated appliances, and quartz countertops, flowing seamlessly into the spacious living and dining area with walkout to a private balcony. The versatile den is perfect for a home office or additional living space. Enjoy top-tier building amenities including a rooftop pool with skyline views, sun deck, fitness centre, party room, and concierge. Located in the heart of Riverside/Leslieville just steps to Queen St E, trendy cafés, restaurants, parks, and transit with quick access to downtown and the DVP. An exceptional opportunity for first-time buyers, professionals, or investors. More details
    Listed by REMAX YOUR COMMUNITY REALTY
    DARYL  KING
  • 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072

    608 60 Colborne Street Church-Yonge Corridor Toronto M5E 1E3
    Main Photo: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901072
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12901072
    Bathrooms:
    1
    Fabulous studio condo nestled in the heart of Downtown Toronto, great amenities including: raised glass swimming pool, gym, outdoor lounge and more. Mins to King and Union subway stations, St. Lawrence Market, Eaton Center, restaurants, the Financial District, St. Michael's Hospital, George Brown College, Ryerson University, and the University of Toronto. Photos are virtually staged. Unit is tenanted. More details
    Listed by TIMES REALTY GROUP INC.
    DARYL  KING
  • 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901074

    607 60 Colborne Street Church-Yonge Corridor Toronto M5E 1E3
    Main Photo: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12901074
    Bathrooms:
    1
    Fabulous studio condo nestled in the heart of Downtown Toronto, great amenities including: raised glass swimming pool, gym, outdoor lounge and more. Mins to King and Union subway stations, St. Lawrence Market, Eaton Center, restaurants, the Financial District, St. Michael's Hospital, George Brown College, Ryerson University, and the University of Toronto. Photos are virtually staged. Unit is tenanted. More details
    Listed by TIMES REALTY GROUP INC.
    DARYL  KING
  • 113 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09) : MLS®# W12901204

    113 320 Dixon Road Kingsview Village-The Westway Toronto M9R 1S8
    Main Photo: 113 320 Dixon Road in Toronto: Kingsview Village-The Westway Condo Apartment for sale (Toronto W09)  : MLS®# W12901204
    $339,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12901204
    Bedrooms:
    2
    Bathrooms:
    1
    Great Opportunity for families looking for a condo on ground floor/ First-Time Buyers, Spacious Corner Ground Floor Unit. No Elevator required. Walk-Out To Patio (Door Locked Balcony ) Overall Building Improvements Being Made. Easy Access To Schools. Shopping, HWY 427&401, Transit, Park, Places Of Worship & Minutes To Airport. Main Floor unit. Walk Out To Yard Or Street Level. More details
    Listed by ZIVASA
    DARYL  KING
  • 2007 101 Peter Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01) : MLS®# C12901370

    2007 101 Peter Street Waterfront Communities C1 Toronto M5V 2G8
    Main Photo: 2007 101 Peter Street in Toronto: Waterfront Communities C1 Condo Apartment for sale (Toronto C01)  : MLS®# C12901370
    $389,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12901370
    Bedrooms:
    1
    Bathrooms:
    1
    Bright 1-bedroom suite in Peter Street Condos, located in the heart of Toronto's vibrant Entertainment District. Featuring 9 ft ceilings and a well-designed layout, this open and inviting space is filled with natural light and offers south-facing city views. The modern kitchen showcases quartz countertops, a centre island, and built-in appliances, flowing seamlessly into the living area with walkout to a large private balcony-perfect for enjoying the downtown skyline. The spacious bedroom includes large windows and a mirrored closet for added storage. Enjoy incredible building amenities and live steps to King West restaurants, theatres, nightlife, TTC, and everyday essentials. Experience the best of downtown living in one of Toronto's most sought-after neighbourhoods. It's more than just a condo, It's a lifestyle. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    DARYL  KING
  • 507 161 Roehampton Avenue in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12901382

    507 161 Roehampton Avenue Mount Pleasant West Toronto M4P 1P9
    Main Photo: 507 161 Roehampton Avenue in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10)  : MLS®# C12901382
    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12901382
    Bedrooms:
    2
    Bathrooms:
    1
    Living at Yonge and Eglinton , Bright and Stylish Condo with Open Concept Living Area. W/O to large Balcony. Floor to Ceiling Windows, Built- inAppliances. All Existing B/I Appliances, locker, 24 Hr Concierge,Gym. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    DARYL  KING
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Data was last updated March 20, 2026 at 06:15 AM (UTC)
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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.

Get The Royal Treatment

When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.