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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323 1050 Eastern Avenue
Greenwood-Coxwell Toronto M4L 0B7

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

Main Photo: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 1: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 2: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 3: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 4: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 5: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 6: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Photo 7: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
E13025854
Bedrooms:
1
Bathrooms:
1
Stylish 1-bedroom, 1-bath suite at Queen & Ashbridge. This brand-new unit features a modern kitchen with stone countertops, stainless steel appliances, wide-plank laminate flooring, and ensuite laundry. Ideally located just steps from the beach and Queen St. East, with the TTC streetcar right at your doorstep. Residents enjoy access to an exceptional range of amenities, including a concierge-attended lobby, an elegant Upper Lounge with park views, and a state-of-the-art 5,000 sq. ft. fitness centre with yoga and spin studios, steam rooms, and spa-inspired change areas. A bright co-working space with private meeting rooms caters perfectly to work-from-home needs. Social highlights include the Sky Club on the 9th floor, featuring a resident-run bar, lounge, and rooftop terrace with BBQs and stunning city views. Outdoor spaces include a Muskoka-inspired Urban Forest and an 8th-floor dog run. Additional conveniences include secure bike storage, tri-sort waste system, and parcel lockers. A fantastic opportunity to live in a vibrant new community where modern comfort meets coastal charm.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
500-599
Exposure:
West
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
3
Assignment:
Yes
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
3
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$340
Maintenance fees include:
Common Elements Included
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto E01
Greenwood-Coxwell
Other
Yes-with Restrictions
Concrete
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
0
Property Management Company:
Goldview Property Management Ltd
Date Listed:
Apr 21, 2026
Original Price:
Previous Price:
  • Photo 1: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
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  • Photo 7: 323 1050 Eastern Avenue in Toronto: Greenwood-Coxwell Condo Apartment for sale (Toronto E01)  : MLS®# E13025854
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Listed by REMAX YOUR COMMUNITY REALTY
Data was last updated April 22, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$579,900
Min list price:
$399,000
Max list price:
$2,995,000
Avg days on market:
61
Min days on market:
1
Max days on market:
496
These statistics are generated based on the current listing's property type and located in Greenwood-Coxwell. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.