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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312B E 70 Princess Street
Waterfront Communities C8 Toronto M5A 0X6

$399,000
Residential Condo & Other beds: 1 baths: 1.0

Main Photo: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 1: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 2: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 3: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 4: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 5: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 6: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 7: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 8: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 9: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 10: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 11: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 12: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 13: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 14: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 15: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 16: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 17: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 18: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 19: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 20: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 21: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 22: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 23: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 24: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Photo 25: 312B E 70 Princess Street in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12198056
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12198056
Bedrooms:
1
Bathrooms:
1
Welcome to unit 312B at 70 Princess st Build by By Pemberton on prime location on Front St E/Sherbourne, steps away from the Financial District, St. Lawrence Market, Distillery District, Union Station, and more. building amenities include infinity-edge pool, rooftop cabanas, outdoor BBQ area, games room, gym, yoga studio, party room and more. 99/100 Walk Score, 100/100 Transit Score. This cozy one bedroom, One washroom unit comes with 9 feet ceiling, modern kitchen, dinning and living area and balcony and locker. Amazing Opportunity and value for an investoror or end user! Whether you're entertaining, working, or simply relaxing, this modern condo offers the perfect blend of comfort, convenience, and lifestyle in one of Toronto's most dynamic neighbourhoods. Don't miss out on this rare opportunity.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Approx. Age:
0-5
Total Approx Floor Area:
0-499
Exposure:
South
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
3
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Level:
9
Locker Unit:
156
Locker:
Owned
Family Room:
No
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Maintenance Fee:
$391.01
Maintenance fees include:
Building Insurance Included, Common Elements Included, Water Included, Heat Included
Taxes:
$0 / 2024
Assessment:
$- / -
Toronto C08
Waterfront Communities C8
Toronto
Hospital, Library, Park, Place Of Worship, Public Transit, School
Carpet Free
Restricted
locker included; 9' high smooth ceilings, 7 1/2" wide premium laminate flooring, stacked washer/dryer 27", S/S appliances.
Concrete
Concierge, Exercise Room, Outdoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden, Game Room
Floor
Type
Size
Other
Main
Living Room
12'6" × 7'10⅞"
Laminate, Open Concept, W/O To Balcony
Main
Dining Room
9'8" × 5'3"
Laminate, Open Concept, W/O To Balcony
Main
Kitchen
9'8" × 5'3"
Laminate, Stainless Steel Appl, Stone Counters
Main
Bedroom
11' × 9'5"
Laminate, Closet, Window
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
Condo Corporation Number:
3090
Property Management Company:
Crossbridge Condominium Services
Building Name:
Time&Space
Date Listed:
Jun 05, 2025
Original Price:
Previous Price:
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Listed by RIGHT AT HOME REALTY
Data was last updated June 12, 2025 at 03:15 AM (UTC)
Area Statistics
Listings on market:
251
Avg list price:
$719,900
Min list price:
$399,000
Max list price:
$4,690,000
Avg days on market:
27
Min days on market:
0
Max days on market:
359
These statistics are generated based on the current listing's property type and located in Waterfront Communities C8. Average values are derived using median calculations.
DARYL  KING
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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.