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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74 42 Pinery Trail

Malvern Toronto M1B 6K2

$299,900

Residential Condo & Other beds: 2 baths: 1.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E13436268

Bedrooms:

2

Bathrooms:

1

• Photos (19)

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Welcome to 42 Pinery Trail #74 - stacked townhouse offering the perfect blend of comfort, style, and convenience. Ideal for first-time buyers or anyone seeking a low-maintenance lifestyle, this home features 2 spacious bedrooms, 1 modern bathroom, and 1 dedicated surface parking space. Step into a bright, open-concept living and dining area, enhanced by large windows that fill the space with natural light-perfect for both relaxing and entertaining. The contemporary kitchen offers ample counter space and generous storage, making everyday cooking a breeze. Both bedrooms are well-sized with excellent closet space, while the clean, modern bathroom provides a comfortable retreat at the end of the day. Situated in a desirable neighborhood, enjoy easy access to shopping, dining, public transit, and everyday amenities-offering the perfect balance of urban convenience and a quiet residential setting. Move-in ready and thoughtfully designed, this home is an excellent opportunity to step into homeownership!

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Townhouse

Home Style:

Stacked Townhouse

Approx. Age:

16-30

Total Approx Floor Area:

600-699

Exposure:

East

Bedrooms:

2

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

2

Kitchens Above Grade:

1

Rooms Above Grade:

4

Additional Info:

Heating type:

Fan Coil

Heating Fuel:

Gas

Storey:

Ground

Balcony:

None

Basement:

Apartment

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Parking Features:

Private

Parking Type:

Owned

Parking Spaces:

1

Total Parking Spaces:

1.0

Locker:

None

Family Room:

No

Possession Details:

Flexible

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$488.88

Maintenance fees include:

Water Included

Taxes:

$1,709.89 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E11

Listing Sub-Area:

Malvern

Interior Features:

Carpet Free

Pets Permitted:

No

Inclusions:

All ELFs, Fridge, Stove, Dishwasher

Exterior Finish:

Brick

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry, Inside, Laundry Closet

Business Info:

Condo Corporation Number:

1717

Property Management Company:

ICC PROPERTY MANAGEMENT

Listing Info:

Date Listed:

Jun 12, 2026

Original Price:

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Previous Price:

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Listed by CENTURY 21 LEADING EDGE REALTY INC.

Data was last updated June 15, 2026 at 12:15 PM (UTC)

Area Statistics

Listings on market:

61

Avg list price:

$549,900

Min list price:

$299,900

Max list price:

$769,880

Avg days on market:

31

Min days on market:

3

Max days on market:

451

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