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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802 4727 Sheppard Avenue E
Agincourt South-Malvern West Toronto M1S 5B3

$399,000
Residential Condo & Other beds: 1+1 baths: 1.0

Main Photo: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 1: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 2: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 3: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 4: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 5: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 6: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 7: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 8: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 9: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 10: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 11: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 12: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 13: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 14: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 15: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Photo 16: 802 4727 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Condo Apartment for sale (Toronto E07)  : MLS®# E12204717
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
E12204717
Bedrooms:
1+1
Bathrooms:
1
Welcome to Unit 802 - 4727 Sheppard Avenue East offers a spacious and well-maintained living space in the heart of Scarboroughs Agincourt South-Malvern West neighborhood. This 1-bedroom plus solarium, 1-bathroom condo features large windows that flood the interior with natural light and provide unobstructed views. The solarium can serve as a second bedroom or a bright home office. The master bedroom includes a walk-in closet. Residents enjoy access to a range of amenities, including indoor and outdoor pools, a gym, sauna, party room, tennis and squash courts, and 24-hour concierge service. Conveniently located steps from TTC, with the future Subway and Sheppard East LRT station under construction nearby, and minutes from Highway 401, Scarborough Town Centre, GO Station, and Centennial College, this unit offers both comfort and accessibility.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
900-999
Exposure:
East
Bedrooms:
1+1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Electric
Storey:
8
Balcony:
Enclosed
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Facilities
Parking Type:
Exclusive
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker:
None
Family Room:
No
Possession Details:
flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$560.47
Maintenance fees include:
Building Insurance Included, Common Elements Included, Parking Included, Water Included
Assessment Year:
2024
Taxes:
$1,402 / 2024
Assessment:
$- / 2024
Toronto E07
Agincourt South-Malvern West
Toronto
Water Heater Owned
Security Guard, Security System
Restricted
all electric light fixtures, fridge, stove, washer and dryer, range hood and one parking as is
Concrete
Indoor Pool, Outdoor Pool, Recreation Room, Tennis Court, Party Room/Meeting Room
Floor
Type
Size
Other
Flat
Living Room
26'6" × 22'2"
Laminate, Combined w/Dining, W/O To Balcony
Flat
Dining Room
26'6" × 22'2"
Laminate, Combined w/Living
Flat
Kitchen
13'9" × 9'2¼"
Ceramic Floor
Flat
Primary Bedroom
15'1" × 9'8"
Laminate, Walk-In Closet(s)
Flat
Solarium
9'8" × 9'2¼"
Ceramic Floor
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Air Conditioning:
Other
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
In-Suite Laundry
Condo Corporation Number:
818
Property Management Company:
Riviera Club
Date Listed:
Jun 07, 2025
Original Price:
$399,000
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Listed by REAL XPERTS REALTY INC.
Data was last updated June 11, 2025 at 11:15 PM (UTC)
Area Statistics
Listings on market:
89
Avg list price:
$549,900
Min list price:
$399,000
Max list price:
$799,000
Avg days on market:
30
Min days on market:
1
Max days on market:
196
These statistics are generated based on the current listing's property type and located in Agincourt South-Malvern West. Average values are derived using median calculations.
DARYL  KING
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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.

Explore More GTA Homes:

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.