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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307 15 Maplewood Avenue

Humewood-Cedarvale Toronto M6C 4B4

$329,900

Residential Condo & Other beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12894356

Bedrooms:

1

Bathrooms:

1

• Photos (15)

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You'll fall in love with this bright and beautifully maintained 1-bedroom condo with 10 Foot ceiling height! Move in ready, spacious open-concept layout. The recently updated kitchen is enhanced with quartz countertops and additional storage added in the island! No shortage of storage space with this condo it comes with not one but 2 lockers! Located in the highly desirable Humewood-Cedarvale neighbourhood, the building sits on a quiet, tree-lined street just steps from Bathurst and St. Clair West. Enjoy outstanding walkability with the subway, parks, shops, restaurants, grocery stores, schools, and vibrant cafés all within easy reach. Residents can also take advantage of the building's welcoming party room and outdoor patio.A rare opportunity to own in a well-maintained building in one of Toronto's most connected and charming communities-welcome to marvelous Maplewood living!

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

500-599

Exposure:

North

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

3

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

0.0

Parking Features:

None

Parking Type:

None

Parking Spaces:

0

Total Parking Spaces:

0.0

Locker Number:

41

Locker Level:

B1

Locker Unit:

44

Locker:

Owned

Family Room:

No

Possession Details:

Flexible/TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$558

Maintenance fees include:

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

Development Charges Paid:

Unknown

Taxes:

$2,285 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C03

Listing Sub-Area:

Humewood-Cedarvale

Property Features / Area Influences:

Park, School, Public Transit

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Stove, Built In Dishwasher, Stacking Washer and Dryer, All Elf's, All Window Coverings.

Exclusions:

Wall Mounted TV's in living room and Bedroom, Ikea Storage Wall Units and Mounted Cabinets in Living Room, Bedroom Headboard, Dyson Vacuum and Dining Room decorative shelving.

Exterior Finish:

Brick

Building Amenities:

Party Room/Meeting Room, Rooftop Deck/Garden

Room Information:

Floor

Type

Size

Other

Main

Living Room

14'3¼"4.35 m × 11'5¾"3.50 m

Laminate, Window

Main

Dining Room

10'8"3.25 m × 7'7"2.31 m

Laminate

Main

Kitchen

9'1"2.77 m × 7'5"2.26 m

Quartz Counter, Centre Island, Laminate

Main

Bedroom

8'2"2.49 m × 7'1"2.16 m

Laminate, Closet

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

4

8'2" x 4'1¼" 4 Pc Bath, Quartz Counter

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Ensuite

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

2911

Property Management Company:

ICC Property Management

Listing Info:

Date Listed:

Mar 18, 2026

Original Price:

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Previous Price:

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• 
  15 Maplewood Ave 307
• 
  Kitchen
• 
  Kitchen with Quartz Counter
• 
  Photo 4 of 15
• 
  Dining Room/Kitchen
• 
  Additional Island Storage Space!
• 
  Living Room
• 
  Living Room
• 
  Dining Area
• 
  Photo 10 of 15
• 
  Open Concept Living
• 
  Bedroom
• 
  Bedroom
• 
  Bathroom
• 
  Ensuite Laundry

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Listed by RE/MAX ROUGE RIVER REALTY LTD.

Data was last updated March 18, 2026 at 02:15 PM (UTC)

Area Statistics

Listings on market:

25

Avg list price:

$499,900

Min list price:

$359,000

Max list price:

$3,995,000

Avg days on market:

33

Min days on market:

2

Max days on market:

639

These statistics are generated based on the current listing's property type and located in Humewood-Cedarvale. 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.