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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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  • 311 3233 Eglinton Avenue E in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12894028

    311 3233 Eglinton Avenue E Scarborough Village Toronto M1J 3N6
    Main Photo: 311 3233 Eglinton Avenue E in Toronto: Scarborough Village Condo Apartment for sale (Toronto E08) : MLS®# E12894028

    311 3233 Eglinton Avenue E Toronto M1J 3N6 Scarborough Village

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12894028
    Bedrooms:
    2
    Bathrooms:
    1
    Welcome to the beautiful Guildwood Terrace! Bright and spacious, this 1+1 is ready for your creative touch. The Den has been converted to a small room with a seperate door and can be considered 2 bedroom apartment. As soon as you open the door you are met with natural light which leads you to the open concept living and dining area that is perfect for entertaining.The solarium is a perfect spot to work and the bedroom is cozy and quiet. Amenities: IndoorPool, Sauna, Hot Tub, Games Room, Library, Gym, Media Room, Indoor Squash Court, Tennis Court,Kids Playground, Place for BBQ. The Washroom was fully renovated in 2023. Laminate Floorchanged in 2023, and Major Appliances are from 2023 to 2024. More details
    Listed by DREAM VALLEY REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 2803 275 Yorkland Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12894232

    2803 275 Yorkland Road Henry Farm Toronto M2J 0B4
    Main Photo: 2803 275 Yorkland Road in Toronto: Henry Farm Condo Apartment for sale (Toronto C15) : MLS®# C12894232

    2803 275 Yorkland Road Toronto M2J 0B4 Henry Farm

    $399,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12894232
    Bathrooms:
    1
    Excellent Location !Luxury Unobstracted Panoramic Toronto View Condo Built By Brand Monarch. Includes Parking and Locker . Open Concept Layout, Minutes To Subway Station, Fairview Mall, Ttc, Dvp, Hwy 404 & 401. Bright & Spacious 397 sq ft plus 50 sq ft balcony , Amazing Facilities:Indoor Pool/Party Room/Theatre/Gym/Car Wash Bay/Rooftop Sun Lounge W/ Bbq Area/Guest Suite/Steam Rooms,Shuttle Service To Don Mills Subway, Upgraded S/S Appliances. Fantastic opportunity to own this unit. More details
    Listed by RIGHT AT HOME REALTY
    LISTING DETAILS
    DARYL KING

  • 307 15 Maplewood Avenue in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12894356

    307 15 Maplewood Avenue Humewood-Cedarvale Toronto M6C 4B4
    Main Photo: 307 15 Maplewood Avenue in Toronto: Humewood-Cedarvale Condo Apartment for sale (Toronto C03) : MLS®# C12894356

    307 15 Maplewood Avenue Toronto M6C 4B4 Humewood-Cedarvale

    $329,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12894356
    Bedrooms:
    1
    Bathrooms:
    1
    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! More details
    Listed by RE/MAX ROUGE RIVER REALTY LTD.
    LISTING DETAILS
    DARYL KING

  • 501 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12894192

    501 915 Midland Avenue Eglinton East Toronto M1K 4G1
    Main Photo: 501 915 Midland Avenue in Toronto: Eglinton East Condo Apartment for sale (Toronto E08) : MLS®# E12894192

    501 915 Midland Avenue Toronto M1K 4G1 Eglinton East

    $299,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12894192
    Bedrooms:
    1
    Bathrooms:
    1
    Where comfort and location meet value.... Perfect starter condominium in the heart of Scarborough. Walking distance to Kennedy TTC station, connect to the new Eglinton LRT system. Located on transit expansion line towards STC. Minutes to DVP, 401, Kingston road and more. Drive or commute to wards downtown in less than 45 minutes. One Bed, one bath refreshed condo up for sale. Included one parking spot and one locker for additional storage right outside the main door. Condo fee includes electricity, water, heat and common elements, and building insurance. Ideal for someone downsizing or a tenant not wanting to pay rent and own their own condo. Please note that few pictures have been virtually staged. More details
    Listed by HOUSESIGMA INC.
    LISTING DETAILS
    DARYL KING

  • 201 3421 Sheppard Avenue in Toronto: Tam O'Shanter-Sullivan Condo Apartment for sale (Toronto E05) : MLS®# E12894448

    201 3421 Sheppard Avenue Tam O'Shanter-Sullivan Toronto M1T 3K5

    201 3421 Sheppard Avenue Toronto M1T 3K5 Tam O'Shanter-Sullivan

    $349,888
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12894448
    Bedrooms:
    1
    Bathrooms:
    1
    Brand New 1 Bed Condo, right on Sheppard and Warden! More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 610 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12894618

    610 1195 The Queensway Islington-City Centre West Toronto M8Z 1R6
    Main Photo: 610 1195 The Queensway in Toronto: Islington-City Centre West Condo Apartment for sale (Toronto W08) : MLS®# W12894618

    610 1195 The Queensway Toronto M8Z 1R6 Islington-City Centre West

    $375,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W12894618
    Bedrooms:
    1
    Bathrooms:
    1
    Step into modern urban living at 1195 The Queensway, Unit 610-a bright and stylish 1-bedroom, 1-bath suite offering comfort, convenience,and a sleek contemporary design.This thoughtfully planned unit features an open-concept layout, large windows that fill the space with natural light, and modern finishes throughout. The streamlined kitchen includes full-sized stainless steel appliances, quartz countertops, and ample cabinet storage, perfect for everyday cooking or hosting guests.The spacious bedroom provides a calm retreat with generous closet space, while the well-appointed bathroom offers clean, modern touches.With one locker included, you'll have plenty of extra storage to keep everything organized.Located in a vibrant and fast-growing neighbourhood, you're just steps from restaurants, shopping, transit, groceries, and easy access to the Gardiner and Hwy 427. This unit was previously leased and has been exceptionally maintained-ideal for professionals, students, or anyone seeking a stylish, move-in-ready space in a prime location.Experience comfort, convenience, and contemporary living, all at Unit 610. Don't miss your chance to own this gem at The Tailor! More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING

  • 612 5 Lakeview Avenue in Toronto: Trinity-Bellwoods Condo Apartment for sale (Toronto C01) : MLS®# C12895632

    612 5 Lakeview Avenue Trinity-Bellwoods Toronto M6J 0H3
    Main Photo: 612 5 Lakeview Avenue in Toronto: Trinity-Bellwoods Condo Apartment for sale (Toronto C01) : MLS®# C12895632

    612 5 Lakeview Avenue Toronto M6J 0H3 Trinity-Bellwoods

    $399,990
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12895632
    Bedrooms:
    1
    Bathrooms:
    1
    EAST-facing Unit with stunning CN Tower views! Discover this brand new, never-lived-in Junior 1-bedroom, 1-bathroom Unit located in one of Toronto's most vibrant and sought-after communities, the Trinity-Bellwoods neighbourhood. This thoughtfully designed unit features a great Open-concept layout featuring a bright living area that comfortably accommodates a three-seater couch and walks out to a private balcony with beautiful CN Tower views. Large Balcony fills the home with abundant natural sunlight, creating a warm and inviting atmosphere throughout. The modern kitchen is fully equipped with built-in appliances, sleek finishes, and functional design, perfect for everyday living and entertaining. The spacious bedroom includes a built-in closet, and a stylish 4-piece bathroom completes the unit. Located just steps from Ossington Avenue, you'll enjoy convenient access to the TTC, boutique shops, cafés, bars, and 20 of the best restaurants in Toronto, with a rating of over 4 stars on Google Reviews. Residents at The Twelve Hundred benefit from excellent building amenities, including: a fully equipped fitness centre, coworking space, concierge service, bike storage, party and entertainment room, and a rooftop terrace with stunning city views! More details
    Listed by RE/MAX EXCEL TITAN
    LISTING DETAILS
    DARYL KING

  • 703 5 Lakeview Avenue in Toronto: Trinity-Bellwoods Condo Apartment for sale (Toronto C01) : MLS®# C12895656

    703 5 Lakeview Avenue Trinity-Bellwoods Toronto M6J 0H3
    Main Photo: 703 5 Lakeview Avenue in Toronto: Trinity-Bellwoods Condo Apartment for sale (Toronto C01) : MLS®# C12895656

    703 5 Lakeview Avenue Toronto M6J 0H3 Trinity-Bellwoods

    $399,990
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12895656
    Bedrooms:
    1
    Bathrooms:
    1
    South-facing with stunning CN Tower views! Welcome to The Twelve Hundred - Brand New, Never Occupied! Bright and beautifully finished Junior 1 bed 1 bath suite in the heart of Trinity-Bellwood. This thoughtfully laid-out unit features an open-concept living and dining area with a walk-out to a private balcony and lovely CN Tower views. Large windows throughout bring in plenty of natural light.The modern kitchen features integrated appliances and clean, contemporary finishes. The well-sized Space includes a closet, and a stylish 3-piece bathroom completes the space. Steps to Ossington Ave, TTC, Top 20 best restaurants in Toronto, with a rating of over 4 stars on Google Reviews. Cafés, boutique shops, and all the best Toronto has to offer. Building amenities include: Fitness centre, concierge, bike storage, party room, coworking space and a rooftop terrace with stunning city views. A fantastic opportunity to own a move-in-ready suite in one of Toronto's most sought-after neighbourhoods! More details
    Listed by RE/MAX EXCEL TITAN
    LISTING DETAILS
    DARYL KING

  • 10 10 Willison Square N in Toronto: Kensington-Chinatown Condo Apartment for sale (Toronto C01) : MLS®# C12895680

    10 10 Willison Square N Kensington-Chinatown Toronto M5T 0A8
    Main Photo: 10 10 Willison Square N in Toronto: Kensington-Chinatown Condo Apartment for sale (Toronto C01) : MLS®# C12895680

    10 10 Willison Square N Toronto M5T 0A8 Kensington-Chinatown

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    C12895680
    Bathrooms:
    1
    New Boutique Dragon Condo! Rarely Found Studio In The Core Of Downtown, Beautiful Floors 3Penthouse, W/451 SqFt + Large Balcony, Open Concept Thru, Spectacular Unobstructed South Views Overlooking Cn Tower & City Skyline, Steps To Chinatown, Kensington Market, U Of T, Ttc, Fashion District, Art Gallery Of Ontario, Tons Of Restaurants & Bars, Groceries, Coffee Shops, Lobo, Parks, Schools, Major Banks & All Other Amenities, Ttc Is Right At Your Door Steps. More details
    Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED
    LISTING DETAILS
    DARYL KING

  • 1111 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12895516

    1111 38 Lee Centre Drive Woburn Toronto M1H 3J7
    Main Photo: 1111 38 Lee Centre Drive in Toronto: Woburn Condo Apartment for sale (Toronto E09) : MLS®# E12895516

    1111 38 Lee Centre Drive Toronto M1H 3J7 Woburn

    $360,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12895516
    Bedrooms:
    1
    Bathrooms:
    1
    Newly renovated unit with brand new engineered hardwood floors, freshly painted walls, new washroom vanity with upgraded sink and countertop, brand new washer and dryer! Move in Ready! Convenience Location. Located in the heart of Scarborough, steps to Scarborough Town Centre and minutes to Hwy 401.Well Managed Apartment. Bright With Open Concept Unit. Close To Scarborough Town Centre, Shopping Mall, Public Transit. 24 Hours Concierge Facilities: Indoor Pool, Sauna, Exercise Room, Parking. More details
    Listed by T-ONE GROUP REALTY INC.,
    LISTING DETAILS
    DARYL KING

  • 531 60 Fairfax Crescent in Toronto: Clairlea-Birchmount Condo Apartment for sale (Toronto E04) : MLS®# E12890994

    531 60 Fairfax Crescent Clairlea-Birchmount Toronto M1L 0E1
    Main Photo: 531 60 Fairfax Crescent in Toronto: Clairlea-Birchmount Condo Apartment for sale (Toronto E04) : MLS®# E12890994

    531 60 Fairfax Crescent Toronto M1L 0E1 Clairlea-Birchmount

    $349,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12890994
    Bedrooms:
    1
    Bathrooms:
    1
    Welcome to this bright, east-facing suite in the desirable Clairlea community, complete with parking and a locker. This beautifully maintained, move-in ready condo offers a thoughtfully designed open-concept layout filled with natural morning light, enhanced by fresh interior paint and modern laminate flooring throughout. The spacious kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar, while the well-appointed four-piece bathroom includes a tub and ceramic flooring. Generous storage space and a functional layout make the home both stylish and practical. Residents enjoy a well-managed building with excellent amenities including a fully equipped gym, exercise room, library, party/meeting room, and a stunning rooftop terrace and garden offering sweeping city views. Ideally located just steps from Warden Subway Station with direct access to TTC Line 2 and close to the upcoming Eglinton Crosstown LRT (Golden Mile stop), commuting across the city or to downtown Toronto-approximately 20 minutes away-is effortless. Surrounded by parks, schools, shops, restaurants, theatres, Eglinton Square Mall, Eglinton Town Centre, and Warden Hilltop Community Centre, this exceptional home offers the perfect blend of comfort, convenience, and future growth potential-an outstanding opportunity for first-time buyers, investors, or those looking to enjoy vibrant urban living in a well-connected neighbourhood. More details
    Listed by MEHOME GOLDEN TEAM REALTY INC.
    LISTING DETAILS
    DARYL KING
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    please create a free account

  • 101 301 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12891478

    101 301 Prudential Drive Dorset Park Toronto M1P 4V3
    Main Photo: 101 301 Prudential Drive in Toronto: Dorset Park Condo Apartment for sale (Toronto E04) : MLS®# E12891478

    101 301 Prudential Drive Toronto M1P 4V3 Dorset Park

    $389,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    E12891478
    Bedrooms:
    1
    Bathrooms:
    1
    Attention first-time home buyers and investors! Welcome to this bright and spacious 1-bedroom ground-floor condo in the heart of Dorset Park. Featuring an open-concept living and dining area with a walk-out to an enclosed balcony overlooking the courtyard, this suite offers comfortable, functional living. The kitchen includes a kitchen island and good cabinet space, and the generous bedroom provides a large window and large closet. Enjoy ensuite laundry, 1 owned underground parking space, and great building amenities such as an indoor pool, gym, and sauna. Ideally located just minutes to the TTC, hwy 401, parks, shops, restaurants, and schools, this condo delivers excellent value in a convenient, transit-friendly neighbourhood. More details
    Listed by ROYAL LEPAGE SIGNATURE REALTY
    LISTING DETAILS
    DARYL KING
    To access this listing,
    please create a free account

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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.

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