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.
704 207 Galloway Road
Toronto
M1E 4X3
$314,500
Residential Condo & Other
beds: 2
baths: 1.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- E12767080
- Bedrooms:
- 2
- Bathrooms:
- 1
- Photos (29)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- Apartment
- Total Approx Floor Area:
- 800-899
- Exposure:
- West
- Bedrooms:
- 2
- Bathrooms:
- 1.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 2
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 6
- Heating type:
- Baseboard
- Heating Fuel:
- Electric
- Storey:
- 7
- Roof:
- Flat
- Balcony:
- Open
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Underground
- Garage Spaces:
- 1.0
- Parking Type:
- Exclusive
- Parking Spaces:
- 0
- Total Parking Spaces:
- 1.0
- Locker:
- Ensuite
- Family Room:
- No
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $967.86
- Maintenance fees include:
- Water Included, Building Insurance Included, Parking Included, Common Elements Included
- Assessment Year:
- 2025
- Taxes:
- $777 / 2026
- Assessment:
- $- / 2025
- Toronto
- Toronto E10
- West Hill
- Park, School, Public Transit, Place Of Worship
- Carpet Free, Storage
- Concierge/Security
- Yes-with Restrictions
- Brick
- Exercise Room, Visitor Parking
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 21'7" × 10'11"
- Laminate
- Main
- Dining Room
- 11'5" × 7'10½"
- Laminate, W/O To Balcony
- Main
- Kitchen
- 9'7¾" × 7'9"
- Ceramic Floor, Quartz Counter
- Main
- Primary Bedroom
- 12'3" × 11'5¾"
- Laminate, Large Closet, Large Window
- Main
- Bedroom 2
- 10' × 8'7"
- Laminate
- Main
- Locker
- 5'9" × 5'9"
- Laminate
- Special Designation:
- Unknown
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Coin Operated, In Building
- Condo Corporation Number:
- 316
- Property Management Company:
- Burnleigh Property Management Limited
-
Photo 1 of 29 -
Photo 2 of 29
-
Photo 3 of 29
-
Photo 4 of 29
-
Photo 5 of 29
-
Photo 6 of 29
-
Photo 7 of 29
-
Photo 8 of 29
-
Photo 9 of 29
-
Photo 10 of 29
-
Photo 11 of 29
-
Photo 12 of 29
-
Photo 13 of 29
-
Photo 14 of 29
-
Photo 15 of 29
-
Photo 16 of 29
-
Photo 17 of 29
-
Photo 18 of 29
-
Photo 19 of 29
-
Photo 20 of 29
-
Photo 21 of 29
-
Photo 22 of 29
-
Photo 23 of 29
-
Photo 24 of 29
-
Photo 25 of 29
-
Photo 26 of 29
-
Photo 27 of 29
-
Photo 28 of 29
-
Photo 29 of 29
- Listings on market:
- 24
- Avg list price:
- $484,950
- Min list price:
- $300,000
- Max list price:
- $669,000
- Avg days on market:
- 55
- Min days on market:
- 2
- Max days on market:
- 114
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.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:
- Condos for Sale in Toronto Under $350K
- Waterfront Cottages for Sale in Ontario under $300000
- Houses for Sale Richmond Hill under $500000
- Houses for Sale near Caledonia and Eglinton West
- Condos for Sale in Toronto Under $400K
- Aurora Homes For Sale
- Bradford Homes For Sale
- King City Homes For Sale
- Markham Homes For Sale
- Newmarket Homes For Sale
- Richmond Hill Homes For Sale
- Thornhill Homes For Sale
- Toronto Homes For Sale
- Brampton Homes For Sale
- Uxbridge Homes For Sale
- Vaughan Homes For Sale
- Stouffville Homes For Sale
- Mississauga Homes For Sale
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.