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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2K 6 Rosebank Drive
Malvern Toronto M1B 0A1

$389,900
Residential Condo & Other beds: 1 baths: 1.0

Main Photo: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Photo 1: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Photo 2: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Photo 3: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Photo 4: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Photo 5: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
E12806050
Bedrooms:
1
Bathrooms:
1
Welcome Home to this well-maintained 1-bedroom main floor suite in the highly desirable Markham Place Condos - ideal for first-time buyers or savvy investors. This bright, open-concept layout features a full-sized kitchen with granite countertops, stainless steel appliances, and a convenient breakfast bar. Large windows fill the space with natural light, and the main floor location offers added convenience and easy access - a feature especially attractive to tenants. Step out onto your large private balcony, perfect for morning coffee, outdoor lounging, or added entertaining space - a rare bonus that enhances both lifestyle enjoyment and rental appeal. Residents enjoy premium building amenities including a 24-hour concierge, newly renovated fitness centre, party/event room, boardroom, and games room. The unit also includes one underground parking space. Situated in a high-demand area with consistently low vacancy, this prime location is just steps to TTC transit, Highway 401, Scarborough Town Centre, Centennial College, the GO Station, and the upcoming Scarborough Subway Line - making it an excellent opportunity for both end-users and investors seeking strong rental appeal.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
500-599
Exposure:
West
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
02
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
None
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker:
None
Family Room:
No
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$487
Maintenance fees include:
Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$1,515.71 / 2025
Assessment:
$- / -
Toronto
Toronto E11
Malvern
Carpet Free
Yes-with Restrictions
Fridge, Stove, Dishwasher, stacked Washer/Dryer, Hoodfan Microwave, all elfs and window coverings, One Underground Parking Spot
Concrete
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
In-Suite Laundry
Condo Corporation Number:
2134
Property Management Company:
GPM Property Management
Building Name:
Markham Place
Date Listed:
Feb 20, 2026
Original Price:
Previous Price:
  • Photo 1: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
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  • Photo 2: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
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  • Photo 3: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
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  • Photo 4: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
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  • Photo 5: 2K 6 Rosebank Drive in Toronto: Malvern Condo Apartment for sale (Toronto E11)  : MLS®# E12806050
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Listed by SKYLINE MARKETING REALTY INC.
Data was last updated February 22, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$480,000
Min list price:
$329,000
Max list price:
$599,000
Avg days on market:
41
Min days on market:
1
Max days on market:
244
These statistics are generated based on the current listing's property type and located in Malvern. 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.