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507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315

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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507 4689 Jane Street
Black Creek Toronto M3N 2T6

$369,900
Residential Condo & Other beds: 3 baths: 1.0

Main Photo: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
Photo 1: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
Photo 2: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
Photo 3: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
Photo 4: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
W12269315
Bedrooms:
3
Bathrooms:
1
Great opportunity for investors or students! This newly renovated 3-bedroom condo is located just a 5-minute walk to York University, making it a smart option for student housing or rental income.Conveniently located near shopping and public transit, this unit offers low-maintenance living in a practical location. A solid choice for those looking for an affordable investment or a place close to campus.Easy to show and available nowreach out for more details!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
800-899
Exposure:
West
Bedrooms:
3
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Radiant
Heating Fuel:
Other
Storey:
04
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Underground
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
None
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$809
Maintenance fees include:
Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$266.52 / 2024
Assessment:
$- / -
Toronto W05
Black Creek
Toronto
Carpet Free
Monitored
Restricted
None
All electrical light fixtures, 3 Fridges, 1 Stove, LG stackable washer/Dryer
None
Concrete, Aluminum Siding
Elevator
Floor
Type
Size
Other
Main
Living Room
15'9" × 7'9"
Linoleum, Combined w/Kitchen
Main
Kitchen
12'3" × 8'7"
Tile Floor, Combined w/Living
Main
Bedroom
15'1" × 10'10"
Linoleum, Closet, W/O To Balcony
Main
Bedroom 2
15'5" × 10'7½"
Linoleum, Closet
Main
Bedroom 3
12'8" × 9'1"
Linoleum, Closet
Main
Laundry
7'3¾" × 3'1"
Tile Floor
Floor
Ensuite
Pieces
Other
Main
No
3
6'10" x 4'11½" Tile Floor, 3 Pc Bath
Special Designation:
Unknown
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite, Laundry Closet
Laundry Level:
Main Level
Condo Corporation Number:
82
Property Management Company:
Summerhill Property Management
Date Listed:
Jul 08, 2025
Original Price:
Previous Price:
  • Photo 1: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
    Photo 1 of 4
  • Photo 2: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
    Photo 2 of 4
  • Photo 3: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
    Photo 3 of 4
  • Photo 4: 507 4689 Jane Street in Toronto: Black Creek Condo Apartment for sale (Toronto W05) : MLS®# W12269315
    Photo 4 of 4
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Listed by IPRO REALTY LTD.
Data was last updated July 22, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$399,000
Min list price:
$199,000
Max list price:
$549,000
Avg days on market:
47
Min days on market:
4
Max days on market:
170
These statistics are generated based on the current listing's property type and located in Black Creek. Average values are derived using median calculations. This data is not produced by the MLS® system.
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DARYL KING
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.

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.