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.

Login with:

Forgot password Extend Verify Contact Signup Login

709 101 Peter Street W

Waterfront Communities C1 Toronto M5V 0G6

$399,000

Residential Condo & Other beds: 0 baths: 1.0

Share on X

Share on Facebook

Share on Pinterest

Share Link

Share on Twitter

Share on Facebook

Share on Pinterest

Share Link

• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

C12830858

Bathrooms:

1

• Photos (31)

Schedule a viewing:

in-person virtual

---

ASAP

Mon

2

MAR

Tue

3

MAR

Wed

4

MAR

Thu

5

MAR

Fri

6

MAR

Sat

7

MAR

Sun

8

MAR

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

Stylish and affordable studio in a well constructed building offering green features and great amenities, Peter Street Condos is a great place to call home. The condo features efficient use of space in a studio layout with high end finishes,, with 9-foot ceilings and bright floor to ceiling windows showing off some excellent city views. With a 100 Walk Score, steps to everything downtown and 24 hr Concierge, fully equipped Gym, Party Room, Yoga Area, Theatre w/ Servery, Lounge, Kitchen, Dining Room, Billiards, Guest Suite, and easy access to all essential facilities. This is your chance to own in a home in one of the city's best spots. **EXTRAS** Built- Appliances: Fridge, Cook-Top Stove, Oven, Microwave, dishwasher. stacked Washer & Dryer. All Electric light Fixtures. Move in and enjoy or invest as short term rental and enjoy the FIFA World Cup

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Bachelor/Studio

Approx. Age:

11-15

Total Approx Floor Area:

0-499

Exposure:

South

Bedrooms:

0

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

0

Kitchens Above Grade:

1

Rooms Above Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

6

Balcony:

None

Basement:

None

Fireplace/Stove:

No

Garage:

Other

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:

TBD

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Maintenance Fee:

$328.71

Maintenance fees include:

Heat Included, Water Included, CAC Included, Building Insurance Included

Taxes:

$1,650 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Waterfront Communities C1

Property Features / Area Influences:

Place Of Worship, Public Transit, Arts Centre, Rec./Commun.Centre

Interior Features:

Carpet Free

Security Features:

Concierge/Security

Pets Permitted:

Yes-with Restrictions

Rental Items:

None

Inclusions:

Building Insurance, AC, Heat and Water

Exclusions:

Tenant belongings

Exterior Finish:

Concrete

Building Amenities:

Exercise Room, Game Room, Party Room/Meeting Room, Visitor Parking, Concierge

Retirement:

No

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Laundry Level:

Main Level

Business Info:

Condo Corporation Number:

2416

Property Management Company:

Icon Property Management 416-236-7979

Listing Info:

Date Listed:

Mar 01, 2026

Original Price:

Signup

Previous Price:

Signup

• 
  Photo 1 of 31
• 
  Photo 2 of 31
• 
  Photo 3 of 31
• 
  Photo 4 of 31
• 
  Photo 5 of 31
• 
  Photo 6 of 31
• 
  Photo 7 of 31
• 
  Photo 8 of 31
• 
  Photo 9 of 31
• 
  Photo 10 of 31
• 
  Photo 11 of 31
• 
  Photo 12 of 31
• 
  Photo 13 of 31
• 
  Photo 14 of 31
• 
  Photo 15 of 31
• 
  Photo 16 of 31
• 
  Photo 17 of 31
• 
  Photo 18 of 31
• 
  Photo 19 of 31
• 
  Photo 20 of 31
• 
  Photo 21 of 31
• 
  Photo 22 of 31
• 
  Photo 23 of 31
• 
  Photo 24 of 31
• 
  Photo 25 of 31
• 
  Photo 26 of 31
• 
  Photo 27 of 31
• 
  Photo 28 of 31
• 
  Photo 29 of 31
• 
  Photo 30 of 31
• 
  Photo 31 of 31

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by JAMES POWER REAL ESTATE BROKERAGE INC.

Data was last updated March 1, 2026 at 07:15 PM (UTC)

Area Statistics

Listings on market:

550

Avg list price:

$658,500

Min list price:

$299,000

Max list price:

$22,500,000

Avg days on market:

37

Min days on market:

1

Max days on market:

661

These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. 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.

powered by myRealPage.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.