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.
309 50 Power Street
Toronto
M5A 0V3
$399,900
Residential Condo & Other
beds: 1
baths: 1.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- C12629122
- Bedrooms:
- 1
- Bathrooms:
- 1
- Photos (32)
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Live [ Loft [ Luxury ~ Your First Home Starts Here ~ Welcome to Suite #309, a north-facing 1 Bedroom that blends modern comfort with loft-inspired style. Floor-to-ceiling windows and sliding patio doors open onto a full-width balcony, filling the space with natural light and creating an effortless indoor-to-outdoor flow. The serene bedroom offers a restful retreat with its floor-to-ceiling double-paned glass insert, ample storage in the double sliding closet, and a chic noir accent wall that sets the mood. Full 4-piece spa-inspired bath features a fully tiled surround and a soothing rain shower head, complemented by a sleek vanity sink with a stone countertop. Two crisp white wall shelves provide convenient storage for your bath essentials, creating a space that feels both functional and luxurious. Nestled in the pulse of Toronto's most vibrant neighbourhoods, this home places you steps from the historic Distillery District and the authentic charm of the St. Lawrence Market, all within a warm and understated community vibe. 5-Star Building amenities surrounds you with exceptional services including: Double-height lobby, Artist workspace, Fitness and Yoga studio, Pet spa, Event room with caterer's kitchen, Meeting lounge, Games room, Steam rooms, Community garden, Outdoor grills and Fireplace, and the security of a 24-hour Concierge. Immerse yourself in a loft that moves you, because what you surround yourself with becomes your life, and you can Rise & Shine in Suite 309 ~ Your future feels bright by design.
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Property Attached:
- Yes
- Home Style:
- Apartment
- Approx. Age:
- 0-5
- Total Approx Floor Area:
- 0-499
- Exposure:
- North
- Bedrooms:
- 1
- Bathrooms:
- 1.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 1
- Kitchens Above Grade:
- 1
- # Main Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- Rooms Above Grade:
- 4
- Rooms:
- 4
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Cooling:
- Yes
- Storey:
- 3
- New Construction:
- Yes
- Balcony:
- Terrace
- Basement:
- None
- Fireplace/Stove:
- No
- Attached Garage:
- Yes
- Garage:
- Underground
- Garage Spaces:
- 0.0
- Parking Features:
- Underground
- Parking Type:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Locker:
- None
- Family Room:
- No
- Possession Details:
- immed/30/60/tba
- HST Applicable To Sale Price:
- Not Subject to HST
- Maintenance Fee:
- $377.08
- Maintenance fees include:
- CAC Included, Common Elements Included, Building Insurance Included, Heat Included
- Development Charges Paid:
- Yes
- Taxes:
- $2,103.9 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C08
- Moss Park
- Arts Centre, Hospital, Library, Park, Public Transit, School
- None, Carpet Free
- Yes-with Restrictions
- None
- S/S Fridge, Stove, Overhead Micro/Fan, Dishwasher, Front Load Washer & Dryer, All attached Bathroom accessories (2 wall shelves, towel railing and toilet roll holder) All Electric Light Fixtures and Custom Window Blinds.
- Concrete, Metal/Steel Siding
- Concierge, Gym, Media Room, Outdoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
- Yes
- Floor
- Type
- Size
- Other
- Flat
- Living Room
- 15' × 13'4¼"
- Window Floor to Ceiling, Open Concept, Wood
- Flat
- Dining Room
- 15' × 13'4¼"
- Window Floor to Ceiling, Open Concept, Wood
- Flat
- Kitchen
- 15' × 13'4¼"
- Window Floor to Ceiling, Stainless Steel Appl, Modern Kitchen
- Flat
- Primary Bedroom
- 10'7" × 8'7"
- Window Floor to Ceiling, Closet, Wood
- Floor
- Ensuite
- Pieces
- Other
- Flat
- No
- 4
- 5'9" x 8'7" 4 Pc Bath, B/I Vanity, Tile Floor
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Ensuite
- Laundry Level:
- Main Level
- Condo Corporation Number:
- 2910
- Property Management Company:
- Del Property Mgmt, 416-594-6801
- Building Name:
- Home on Power
-
Contemporary Glass & Steel architechture -
Double Height main Lobby of 50 Power
-
Bright & Airy open-concept living/dining/kitchen
-
Fab Foyer has closet & ensuite 4PC bath
-
Bold graphic Front door / Foyer area
-
Spa-inspired bath, Vanity Sink, 2 Wall shelves
-
Soaker Tub, fully tiled surround
-
Single handle faucet/Undermount sink, Wall mirror
-
Live~Loft~Luxury
-
Floor-to-ceiling windows
-
9'FT smooth ceilings
-
Culinary Chef's kitchen
-
Ensuite full size white washer/dryer
-
Slide-in flat glass cooktop, stone counters
-
Delicious Dining Bar
-
Eat-in or Take-out Home dining counter
-
Tucked away Laundry closet
-
Noir accent wall sets the mood
-
Floor-to-ceiling glass lets the sunshine in
-
1 Bdrm, wood floors, sliding closet & single door
-
Fitness room
-
Weights, Yoga area
-
State of the Art Gym
-
Party room
-
Common area Party room/Lounge
-
Floor Plan / Layout 484+73
-
Open Balcony looking west
-
Open Balcony looking east
-
View from the balcony looking skyward
-
View of balcony looking north
-
Rising over Toronto's east downtown
-
Aisle24Market , Cashierless Convenience ground lvl
Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated December 19, 2025 at 06:15 AM (UTC)
Area Statistics
- Listings on market:
- 126
- Avg list price:
- $588,950
- Min list price:
- $349,900
- Max list price:
- $2,299,900
- Avg days on market:
- 60
- Min days on market:
- 3
- Max days on market:
- 594
These statistics are generated based on the current listing's property type
and located in
Moss Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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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.