703 5 Lakeview Avenue in Toronto: Trinity-Bellwoods Condo Apartment for sale (Toronto C01) : MLS®# C12895656
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.
South-facing with stunning CN Tower views! Welcome to The Twelve Hundred - Brand New, Never Occupied! Bright and beautifully finished 1 bed 1 bath suite in the heart of Trinity-Bellwood. This thoughtfully laid-out unit features an open-concept living and dining area with a walk-out to a private balcony and lovely CN Tower views. Large windows throughout bring in plenty of natural light.The modern kitchen features integrated appliances and clean, contemporary finishes. The well-sized Space includes a closet, and a stylish 3-piece bathroom completes the space. Steps to Ossington Ave, TTC, Top 20 best restaurants in Toronto, with a rating of over 4 stars on Google Reviews. Cafés, boutique shops, and all the best Toronto has to offer. Building amenities include: Fitness centre, virtual concierge, bike storage, party room, coworking space and a rooftop terrace with stunning city views. A fantastic opportunity to own a move-in-ready suite in one of Toronto's most sought-after neighbourhoods!
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Approx. Age:
New
Total Approx Floor Area:
0-499
Exposure:
South
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
3
Fractional Ownership:
No
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
7
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$301.39
Maintenance fees include:
Common Elements Included, Building Insurance Included
Taxes:
$0 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Trinity-Bellwoods
Public Transit, Park, Clear View
Carpet Free, Built-In Oven, Countertop Range
No
Brick
Bike Storage, Gym, Party Room/Meeting Room, Recreation Room, Rooftop Deck/Garden, Media Room
Data was last updated March 18, 2026 at 07:09 PM (UTC)
Area Statistics
Listings on market:
1,127
Avg list price:
$669,000
Min list price:
$299,900
Max list price:
$22,500,000
Avg days on market:
34
Min days on market:
0
Max days on market:
678
These statistics are generated based on the current listing's property type
and located in
Toronto C01. 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.