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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614 170 Bayview Avenue
Waterfront Communities C8 Toronto M5A 1H7

$349,900
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 1: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 2: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 3: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 4: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 5: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 6: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 7: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 8: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 9: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 10: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 11: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 12: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 13: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 14: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 15: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 16: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 17: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 18: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 19: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 20: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Photo 21: 614 170 Bayview Avenue in Toronto: Waterfront Communities C8 Condo Apartment for sale (Toronto C08)  : MLS®# C12582616
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12582616
Bathrooms:
1
This Meticulously Designed Studio Suite In River City Three Offers An Indescribable Living Experience. Complemented By A Tranquil Private Balcony Oasis With Breathtaking Views Over Corktown Common, A Breathtaking 18 Acre Park And The Jewel In The Landscape Of The West Don Lands. The Cozy Residence Delivers Privacy, Plenty Of Natural Light As Well As An Artful Opulence. Heralded By A Modern Kitchen W/ Paneled Appliances & Ample Storage. The Suite Features Exceptional Finishes Including White Oak Hardwood Flooring, Exposed Concrete Ceilings, Floor To Ceiling Windows And An Exceptional Spa-Like Washroom With Top Of The Line Modern Plumbing Fixtures.World Class Amenities Include State Of The Art Exercise Facility & Outdoor Pool. Unbeatable Location. Easy Access To Corktown Common, Corktown, Leslieville, Distillery District, Cherry Beach & Biidaasige Park! Quick Access To Martin Goodman Trail & Gardiner Expressway.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
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
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
3
Rooms:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
06
Balcony:
Open
Basement:
Apartment
Fireplace/Stove:
Yes
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
None
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
60 Days
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$261.23
Maintenance fees include:
Water Included, CAC Included, Common Elements Included, Building Insurance Included
Taxes:
$1,553.42 / 2025
Assessment:
$- / -
Toronto
Toronto C08
Waterfront Communities C8
Clear View, Greenbelt/Conservation, Park, Public Transit, Rec./Commun.Centre, School
None
Concierge/Security
Yes-with Restrictions
Includes All Appliances. Paneled Fridge, Dishwasher, Built-In Oven, Microwave, Range Hood, Combination Washer & Dryer, All Window Coverings, Lighting Fixtures & Deeded Bike Storage.
Brick
Concierge, Exercise Room, Outdoor Pool, Guest Suites, Party Room/Meeting Room
Yes
No
City, Downtown, Clear, Park/Greenbelt, River, Garden
Floor
Type
Size
Other
-
-
5'11" × 0
UFFI:
No
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Laundry Level:
Main Level
Condo Corporation Number:
2672
Property Management Company:
Crossbridge Condominium Services
Building Name:
River City 3
Date Listed:
Nov 27, 2025
Original Price:
Previous Price:
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Listed by RE/MAX HALLMARK BIBBY GROUP REALTY
Data was last updated November 29, 2025 at 03:15 PM (UTC)
Area Statistics
Listings on market:
202
Avg list price:
$686,500
Min list price:
$349,900
Max list price:
$4,595,000
Avg days on market:
50
Min days on market:
1
Max days on market:
530
These statistics are generated based on the current listing's property type and located in Waterfront Communities C8. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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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.