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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708 915 Midland Avenue

Eglinton East Toronto M1K 4G1

$360,000

Residential Condo & Other beds: 1 baths: 1.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12791460

Bedrooms:

1

Bathrooms:

1

• Photos (10)

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Your Perfect First Home Starts Here! Add Your Personal Touch at 915 Midland Ave #708! Step into homeownership with this bright, well-kept 1-bedroom perched on the 7th floor. The open-concept layout, large windows, and sunny outlook create a welcoming canvas ready for your paint colours, decor, and future updates to make it truly yours. Enjoy a spacious living/dining area, an efficient kitchen you can modernize over time, and a generously sized bedroom with ample closet space. Its move-in ready today, with room to grow as your budget and style evolve. All-inclusive maintenance fees (Heat, Hydro & Water!) 1 parking space + Transit-friendly location TTC at your door & near Lawrence East Station Close to groceries, schools, parks & everyday conveniences. Why not start building equity on your terms? This is the affordable entry point you've been waiting for, with the flexibility to personalize at your pace. Act fast opportunities like this don't last. Book your private showing today! Some photos are virtually staged.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Approx. Age:

16-30

Total Approx Floor Area:

600-699

Exposure:

North

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Gas

Storey:

7

Balcony:

Open

Basement:

None

Fireplace/Stove:

No

Garage:

Surface

Garage Spaces:

1.0

Parking Features:

Surface

Parking Type:

Exclusive

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

None

Family Room:

No

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$570

Maintenance fees include:

Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included, Condo Taxes Included

Taxes:

$800 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E08

Listing Sub-Area:

Eglinton East

Property Features / Area Influences:

Hospital, Library, Park, Place Of Worship, Public Transit, School

Interior Features:

Auto Garage Door Remote

Exterior Features:

Landscaped, Security Gate, Controlled Entry

Security Features:

Security System

Pets Permitted:

Yes-with Restrictions

Rental Items:

None

Inclusions:

All appliances, all light fixtures and window coverings

Exclusions:

Stand alone Black Air conditioning unit.

Exterior Finish:

Concrete

Building Amenities:

Visitor Parking

Elevator:

Yes

Room Information:

Floor

Type

Size

Other

Flat

Foyer

11'7¾"3.55 m × 5'3"1.60 m

Laminate

Flat

Living Room

12'3.66 m × 11'2¼"3.41 m

Laminate, Open Concept

Flat

Dining Room

18'8"5.69 m × 6'9"2.06 m

Laminate, Open Concept, W/O To Balcony

Flat

Kitchen

7'¼"2.14 m × 6'10"2.08 m

Ceramic Floor

Flat

Primary Bedroom

11'7"3.53 m × 10'11"3.33 m

Laminate, Large Closet, Large Window

Other Details:

Special Designation:

Unknown

Air Conditioning:

None

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

Common Area, Coin Operated, In Building

Laundry Level:

Lower Level

Business Info:

Condo Corporation Number:

517

Property Management Company:

Alba Property Management

Listing Info:

Date Listed:

Feb 16, 2026

Original Price:

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Previous Price:

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Listed by REAL ESTATE HOMEWARD

Data was last updated February 17, 2026 at 06:15 AM (UTC)

Area Statistics

Listings on market:

15

Avg list price:

$470,000

Min list price:

$360,000

Max list price:

$549,900

Avg days on market:

29

Min days on market:

1

Max days on market:

138

These statistics are generated based on the current listing's property type and located in Eglinton East. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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.

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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.