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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501 90 Ling Road
West Hill Toronto M1E 4Y3

$389,900
Residential Condo & Other beds: 1+1 baths: 1.0

Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
E12754480
Bedrooms:
1+1
Bathrooms:
1
Beautiful sunny Eastview, close to all amenities, clean, bright, large ***, lots of storage space, **** granite counter, tastefully decorated kitchen, stainless steel appliances, dining room overlooks kitchen and living room, walkout to large enclosed balcony, steps to school, shopping, TTC, Entertainment.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
1 Storey/Apt
Total Approx Floor Area:
900-999
Exposure:
East
Bedrooms:
1+1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Water
Heating Fuel:
Gas
Storey:
5
Balcony:
Enclosed
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
Ensuite
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$783
Maintenance fees include:
Heat Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$1,115 / 2025
Assessment:
$- / -
Toronto
Toronto E10
West Hill
Atrium, Auto Garage Door Remote, Intercom
Security Guard
Yes-with Restrictions
Appliances, Dining room table
Brick
Floor
Type
Size
Other
Main
Living Room
19'11" × 11'1"
W/O To Balcony, Laminate
Main
Dining Room
11' × 10'5"
W/O To Balcony, Laminate
Main
Kitchen
7'8½" × 7'6½"
Breakfast Bar, Granite Counters, Stainless Steel Appl
Main
Bedroom
15'1" × 10'8"
Mirrored Closet, Laminate
Main
Bedroom 2
13'7" × 8'4"
Laminate, Open Concept
Special Designation:
Unknown
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
469
Property Management Company:
Near north services inc
Date Listed:
Feb 03, 2026
Original Price:
Previous Price:
Listed by RE/MAX ALL-STARS REALTY INC.
Data was last updated February 4, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$489,999
Min list price:
$300,000
Max list price:
$669,000
Avg days on market:
51
Min days on market:
1
Max days on market:
110
These statistics are generated based on the current listing's property type and located in West Hill. 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.