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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308 50 Lotherton Pathway

Yorkdale-Glen Park Toronto M6B 2G8

$399,988

Residential Condo & Other beds: 3 baths: 1.0

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• Details
• Photos
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

W12714492

Bedrooms:

3

Bathrooms:

1

• Photos (13)

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Upgraded & Move-In Ready Unit! Featuring modern pot lights and ensuite laundry, this clean, spacious, and bright home shows A+++. One of the bedrooms has been opened up and integrated into the living room, creating a more spacious and functional living area; however, it can be easily converted back into a third bedroom if desired. Ideally located in a central area with easy access to Yorkdale Mall and Highway 401 - minutes south to Downtown Toronto, west to Mississauga, and north to Vaughan. All amenities are nearby, including schools, Walmart, Home Depot, and a variety of retail stores. Steps to TTC transit, with one bus to the subway and GO Station. Why pay rent when you can own?

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

700-799

Exposure:

North

Bedrooms:

3

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

3

Kitchens Above Grade:

1

Rooms Above Grade:

5

Additional Info:

Heating type:

Radiant

Heating Fuel:

Other

Storey:

3

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

None

Parking Type:

Exclusive

Parking Spaces:

0

Total Parking Spaces:

1.0

Parking Spot #1:

308

Locker:

None

Family Room:

No

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$780

Maintenance fees include:

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

Taxes:

$1,065.8 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W04

Listing Sub-Area:

Yorkdale-Glen Park

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

Stove, Fridge, Washer, Heating, Hydro, Water and Parking Costs Are Included In The Maintenance Fee.

Exterior Finish:

Brick

Waterfront:

None

Room Information:

Floor

Type

Size

Other

Main

Living Room

15'1"4.60 m × 10'11"3.33 m

Combined w/Living, Open Concept

Main

Dining Room

7'3"2.21 m × 6'2"1.88 m

Combined w/Living, Open Concept

Main

Kitchen

8'11"2.72 m × 7'9"2.36 m

Open Concept

Main

Bedroom 2

11'7"3.53 m × 6'1"1.85 m

Laminate

Main

Bedroom 3

13'2¼"4.02 m × 7'3"2.21 m

Laminate

Main

Primary Bedroom

11'7"3.53 m × 9'1"2.77 m

Laminate

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

-

6'1" x 4'1¼"

Other Details:

UFFI:

No

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

46

Property Management Company:

GPM Property Management Inc.

Listing Info:

Date Listed:

Jan 20, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX EXCEL REALTY LTD.

Data was last updated January 21, 2026 at 01:15 PM (UTC)

Area Statistics

Listings on market:

39

Avg list price:

$489,000

Min list price:

$368,800

Max list price:

$1,118,888

Avg days on market:

54

Min days on market:

1

Max days on market:

624

These statistics are generated based on the current listing's property type and located in Yorkdale-Glen Park. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• 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.