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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508 660 Eglinton Avenue W

Forest Hill North Toronto M5N 1C3

$394,900

Residential Condo & Other beds: 1 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12562504

Bedrooms:

1

Bathrooms:

1

• Photos (15)

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Welcome to Vincent Court, an Art Deco inspired co-ownership building located in exclusive Forest Hill. This west facing 1 bed 1 bath suite offers approx. 700 sq ft of interior living plus a private balcony with an open view overlooking mature trees. Bright and spacious interior with a functional layout and no wasted space. Wood and tile flooring, crown moulding, and ample storage throughout. Tastefully updated eat-in kitchen with island, cook top, wall oven, mirrored backsplash and workspace. Open concept living has custom entertainment built-ins and an abundance of natural light with large windows. Over sized bedroom and cheerful renovated bath with geometric tile will impress! Monthly maintenance fee includes property taxes and utilities (except hydro), excellent value in prime location at Eglinton Avenue West and Spadina Road. Building features a common area terrace with BBQs. Parking spot is a rental. Steps to TTC, soon to open Chaplin LRT station, 9km Beltline nature trail for walking and biking. Close to shops along Eglinton, Spadina Village, restaurants, parks, tennis court, library, and top rated schools.

General Info:

Share Percentage:

0.8664

Property Type:

Residential Condo & Other

Property Sub Type:

Co-Ownership Apartment

Property Attached:

Yes

Home Style:

Apartment

Total Approx Floor Area:

700-799

Exposure:

West

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

Additional Info:

Heating type:

Water

Heating Fuel:

Gas

Storey:

05

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Attached Garage:

Yes

Garage:

Underground

Garage Spaces:

1.0

Parking Features:

Underground

Parking Type:

Rental

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker Number:

58

Locker:

Exclusive

Family Room:

No

Possession Details:

30/60/TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$738.13

Maintenance fees include:

Common Elements Included, Heat Included, Building Insurance Included, Water Included, Condo Taxes Included

Taxes:

$1,440 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C04

Listing Sub-Area:

Forest Hill North

Property Features / Area Influences:

Wooded/Treed, Park, Public Transit

Interior Features:

Carpet Free

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Wall Oven, Cooktop, Microwave, Dishwasher, AC unit in living room, all ELFs, Window coverings and Drapes, Built-ins in living room and kitchen. Property taxes included in maintenance.

Exterior Finish:

Brick

Elevator:

Yes

Room Information:

Floor

Type

Size

Other

Main

Living Room

17'11¾"5.48 m × 10'11"3.33 m

Picture Window, Hardwood Floor, B/I Bookcase

Main

Kitchen

9'10"3.00 m × 7'6"2.29 m

Tile Floor, Centre Island, B/I Appliances

Main

Dining Room

8'2.44 m × 7'1"2.16 m

W/O To Balcony, Hardwood Floor, B/I Shelves

Main

Primary Bedroom

14'5"4.39 m × 10'9½"3.29 m

Hardwood Floor, Picture Window, West View

Main

Foyer

7'2.13 m × 3'7"1.09 m

Other Details:

Special Designation:

Unknown

Air Conditioning:

Window Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In Building

Business Info:

Condo Corporation Number:

0

Property Management Company:

Brilliant Property Management Inc (416) 623-3477

Listing Info:

Date Listed:

Nov 20, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX HALLMARK REALTY LTD.

Data was last updated November 20, 2025 at 11:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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.

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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.