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.

Forgot password Extend Verify Contact

607 60 Colborne Street
Church-Yonge Corridor Toronto M5E 1E3

$399,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 1: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 2: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 3: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 4: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 5: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 6: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 7: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 8: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 9: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 10: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Photo 11: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12901074
Bathrooms:
1
Fabulous studio condo nestled in the heart of Downtown Toronto, great amenities including: raised glass swimming pool, gym, outdoor lounge and more. Mins to King and Union subway stations, St. Lawrence Market, Eaton Center, restaurants, the Financial District, St. Michael's Hospital, George Brown College, Ryerson University, and the University of Toronto. Photos are virtually staged. Unit is tenanted.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
0-499
Exposure:
South East
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
19
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
Flex
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$489
Maintenance fees include:
Common Elements Included, Building Insurance Included
Taxes:
$2,481.91 / 2025
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
Carpet Free
Yes-with Restrictions
Concrete
Floor
Type
Size
Other
Flat
Living Room
6'7" × 5'1"
Combined w/Dining
Flat
Bedroom
6'7" × 5'1"
Combined w/Living
Flat
Kitchen
6'7" × 5'1"
Combined w/Living
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
In-Suite Laundry
Condo Corporation Number:
2701
Property Management Company:
Forest Hill Kipling
Date Listed:
Mar 19, 2026
Original Price:
Previous Price:
  • Photo 1: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 1 of 11
  • Photo 2: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 2 of 11
  • Photo 3: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 3 of 11
  • Photo 4: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 4 of 11
  • Photo 5: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 5 of 11
  • Photo 6: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 6 of 11
  • Photo 7: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 7 of 11
  • Photo 8: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 8 of 11
  • Photo 9: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 9 of 11
  • Photo 10: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 10 of 11
  • Photo 11: 607 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08)  : MLS®# C12901074
    Photo 11 of 11
Listed by TIMES REALTY GROUP INC.
Data was last updated March 20, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
297
Avg list price:
$609,000
Min list price:
$325,000
Max list price:
$2,388,000
Avg days on market:
38
Min days on market:
1
Max days on market:
757
These statistics are generated based on the current listing's property type and located in Church-Yonge Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
powered by myRealPage.com

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.