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608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072

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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608 60 Colborne Street
Church-Yonge Corridor Toronto M5E 1E3

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

Main Photo: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 1: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 2: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 3: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 4: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 5: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 6: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 7: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 8: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 9: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Photo 10: 608 60 Colborne Street in Toronto: Church-Yonge Corridor Condo Apartment for sale (Toronto C08) : MLS®# C12901072
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12901072
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:
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Listed by TIMES REALTY GROUP INC.
Data was last updated March 22, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
295
Avg list price:
$600,000
Min list price:
$325,000
Max list price:
$2,388,000
Avg days on market:
40
Min days on market:
1
Max days on market:
759
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.
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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.