608 650 Lawrence Avenue W in Toronto: Englemount-Lawrence Condo Apartment for sale (Toronto C04) : MLS®# C12408385
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.
Excellent Tridel built, "The Shermount" Condo's in prime location of Toronto! Conveniently located steps away from Lawrence West subway station! Recently renovated 1 bed + den, 1 bath unit with 640sq.ft! Open floor plan allows a full size living & dining space! Low Maintenance fees include ALL utilities! Upgraded modern Vinyl floors throughout, Upgraded kitchen with stainless appliances, quartz counters, white cabinets & black accents. Living space with walkout to large balcony with unobstructed CN Tower view. Upgraded 4pc bathroom, Ensuite Laundry, 1 large locker, Parking spot rented at $80 per month directly from management (can be cancelled at any time!). Unit gets a lot of natural light! Quick Access to Allen Rd. & 401, short walk to Schools, Subway, TTC, 1 Subway Stop to Yorkdale Mall & steps to Lawrence Allen Shopping Mall. The perfect Condo for those seeking comfort & accessibility!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
South West
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:
Forced Air
Heating Fuel:
Gas
Storey:
6
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Type:
Rental
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker Number:
96
Locker Level:
A
Locker Unit:
96
Locker:
Owned
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$486.56
Maintenance fees include:
Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Heat Included, CAC Included
Taxes:
$1,938.01 /
2025
Assessment:
$- /
-
Toronto C04
Englemount-Lawrence
Toronto
Public Transit, School, Rec./Commun.Centre, Clear View, Wooded/Treed, Park
Carpet Free
Restricted
Existing stainless steel fridge, stove, dishwasher, stackable washer & dryer, all electric light fixtures.
Concrete
Visitor Parking, Party Room/Meeting Room, Media Room
Floor
Type
Size
Other
Main
Den
14'2"4.32 m × 9'10½"3.01 m
Open Concept, Vinyl Floor
Main
Kitchen
10'6"3.20 m × 8'4"2.54 m
Quartz Counter, Stainless Steel Appl, Breakfast Bar
Data was last updated September 18, 2025 at 10:15 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$599,900
Min list price:
$299,000
Max list price:
$1,895,000
Avg days on market:
16
Min days on market:
1
Max days on market:
399
These statistics are generated based on the current listing's property type
and located in
Englemount-Lawrence. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.
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.