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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306 222 Finch Avenue W

Newtonbrook West Toronto M2R 1M6

$398,888

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:

C12784756

Bedrooms:

1

Bathrooms:

1

• Photos (24)

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Welcome to Unit 306 at 222 Finch Avenue West - a well-designed 1-bedroom suite offering approximately 786 sq. ft. of functional living space in a prime North York location. This north-facing unit enjoys peaceful tree-lined views and an abundance of natural light, creating a calm and comfortable atmosphere. Featuring a spacious open-concept layout, the suite offers generous living and dining areas ideal for both everyday living and entertaining. Thoughtfully planned with luxury finishes and efficient use of space throughout. Includes one parking space and one locker for added convenience. Unbeatable location just steps to Yonge & Finch transit, subway, TTC, and Viva, with quick access to Highway 401. Walking distance to grocery stores, restaurants, cafés, parks, schools, and everyday amenities, making this an excellent choice for professionals, end-users, or investors seeking convenience and long-term valA perfect blend of space, location, and accessibility in one of North York's most connected neighbourhoods

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

700-799

Exposure:

North

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

1

Rooms Below Grade:

1

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

3

Balcony:

Enclosed

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

Owned

Family Room:

No

Possession Details:

VACANT

Financial Info:

HST Applicable To Sale Price:

In Addition To

Maintenance Fee:

$944.6

Maintenance fees include:

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

Taxes:

$2,752 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C07

Listing Sub-Area:

Newtonbrook West

Interior Features:

Auto Garage Door Remote, Carpet Free, Separate Hydro Meter

Pets Permitted:

Yes-with Restrictions

Rental Items:

N/A

Inclusions:

1 Parking + 1 Locker

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Main

Living Room

15'11¾"4.87 m × 14'8"4.47 m

Main

Kitchen

12'8"3.86 m × 11'5"3.48 m

Main

Bedroom

12'3.66 m × 9'9"2.97 m

Main

Den

28'3"8.61 m × 9'9"2.97 m

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:

2292

Property Management Company:

ICC Property Management

Listing Info:

Date Listed:

Feb 12, 2026

Original Price:

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Previous Price:

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Listed by REMAX YOUR COMMUNITY REALTY

Data was last updated February 13, 2026 at 04:15 AM (UTC)

Area Statistics

Listings on market:

20

Avg list price:

$578,500

Min list price:

$359,000

Max list price:

$849,000

Avg days on market:

28

Min days on market:

1

Max days on market:

146

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