801 15 Sewells Road in Toronto: Malvern Condo Apartment for sale (Toronto E11) : MLS®# E12730166
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.
Move-In Ready Corner Suite With Breathtaking City Views! Welcome to this Bright and Spacious 2-Bedroom, 1-Bath Condo boasting 876 sq ft of Modern Living with a Large Open Balcony offering Unobstructed Panoramic Views. Freshly Painted and Tastefully Upgraded Throughout, this unit features Newly Renovated Kitchen, Modern Light Fixtures, Laminate Flooring, and a Stylish Updated Bathroom. This Beautifully Upgraded Kitchen has High-End Custom Cabinets, Quartz Countertop and Backsplash, and Stainless Steel Appliances, creating a Sleek and Contemporary space Perfect for Cooking and Entertaining. The Large Primary Suite provides Ample Space and Comfort, while the Ensuite Laundry, 1 parking, and 1 locker add convenience and value. Enjoy all-inclusive maintenance fees - Utilities and Cable TV are included! The Building offers amenities such as exercise room, party hall, security, and more. Perfect for first-time buyers or investors, this location can't be beat - steps to TTC, Schools, Community Centre, Library, Parks, Scarborough Town Centre, Toronto Zoo, and everyday essentials like No Frills, & Shoppers Drug Mart. Don't miss this turnkey opportunity to own a Beautifully Updated Home in a Well-Managed Building! Check Out Virtual Tour for more!
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:
Forced Air
Heating Fuel:
Gas
Storey:
8
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Private
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
Owned
Family Room:
No
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$1,094.06
Maintenance fees include:
Heat Included, Common Elements Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Building Insurance Included, Parking Included
Taxes:
$1,022.09 /
2025
Assessment:
$- /
-
Toronto
Toronto E11
Malvern
Clear View, Library, Park, Public Transit, Rec./Commun.Centre, School
Carpet Free, Storage
No
1 Parking and 1 Locker. Stove, Refrigerator, Dishwasher, Over The Range Microwave, Washer, Dryer, All Elfs, All Window Coverings.
None
Brick
Elevator, Exercise Room, Party Room/Meeting Room, Visitor Parking
Data was last updated January 28, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$480,000
Min list price:
$299,900
Max list price:
$569,888
Avg days on market:
27
Min days on market:
1
Max days on market:
219
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.
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.