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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2915 1926 Lake Shore Boulevard W

South Parkdale Toronto M6S 1A1

$399,000

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:

W12774276

Bedrooms:

1

Bathrooms:

1

• Photos (22)

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Immerse Yourself In Lakeside Luxury Living At The Mirabella Condos. Nestled Within The Vibrant Neighborhood Of High Park, Its Prime Location Offers Unrivaled Vistas Of The Iconic Toronto Skyline And The Serene Waters Of Lake Ontario, Painting A Picture Of Urban Sophistication. Step Into This Elegant Abode, Where Modernity Meets Comfort In A 1 Bed, 1 Bath Sanctuary. At The Core Of This Residence Lies A State-Of-The-Art Kitchen Adorned With Sleek Built-In Appliances, Inviting Culinary Exploration And Epicurean Delights. Towering 9-Foot Ceilings Bestow A Sense Of Grandeur Upon The Space, Amplifying Its Expansive Ambiance. Venture Onto The Private Balcony, Where Panoramic Views Stretch To The Horizon, Seamlessly Blending Indoor And Outdoor Realms Into A Harmonious Sanctuary. This One-Bedroom Suite Awaits, Offering Sweeping, Unobstructed Views Of Grenadier Pond, High Park, The City Skyline, And Lake Ontario. Embrace An Open-Concept Layout Adorned With Thoughtful Finishes And Upgrades, Providing An Unbeatable Backdrop For Both Relaxation And Entertainment. With A Full 4-Piece Bath And A Double Closet In The Bedroom, Every Detail Has Been Meticulously Crafted For Your Comfort. Indulge In A Plethora Of Amenities, From A Well-Appointed Fitness Center To An Inviting Indoor Pool And A Rooftop Oasis Boasting Sweeping Panoramas. Experience The Epitome Of Urban Living, Where Every Corner Unveils A New Facet Of Luxury And Convenience. Ideally Situated At The Corner Of Lakeshore And Windermere, This Luxurious Building Promises Not Just A Home, But A Gateway To A Life Of Unparalleled Elegance And Urban Splendor.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

0-499

Exposure:

West

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

25

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker:

None

Family Room:

No

Possession Details:

TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$354.71

Maintenance fees include:

Water Included, Common Elements Included, CAC Included, Building Insurance Included

Taxes:

$2,142 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W01

Listing Sub-Area:

South Parkdale

Interior Features:

Carpet Free, Separate Hydro Meter

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Built-In Cooktop, Built-In Oven, Built-In Dishwasher, Microwave, Washer & Dryer, Existing Window coverings.

Exterior Finish:

Concrete

Other Details:

Special Designation:

Other

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Business Info:

Condo Corporation Number:

2956

Property Management Company:

DEL Property Management 437-913-9027

Listing Info:

Date Listed:

Feb 10, 2026

Original Price:

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Previous Price:

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Listed by AIMHOME REALTY INC.

Data was last updated February 11, 2026 at 03:15 AM (UTC)

Area Statistics

Listings on market:

28

Avg list price:

$549,500

Min list price:

$385,000

Max list price:

$1,550,000

Avg days on market:

42

Min days on market:

1

Max days on market:

157

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