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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902 22 Olive Avenue
Willowdale East Toronto M2N 7G6

$369,000
Residential Condo & Other beds: 2 baths: 1.0

Main Photo: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 1: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 2: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 3: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 4: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 5: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 6: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 7: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 8: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 9: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 10: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 11: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 12: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 13: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 14: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 15: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 16: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 17: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 18: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 19: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 20: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 21: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 22: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 23: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 24: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 25: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 26: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 27: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 28: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 29: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 30: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Photo 31: 902 22 Olive Avenue in Toronto: Willowdale East Condo Apartment for sale (Toronto C14)  : MLS®# C13024308
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C13024308
Bedrooms:
2
Bathrooms:
1
Bright and inviting 2-bedroom condo unit in Princess Place Condo. New floor and painting. Corner unit. Located at Yonge/Finch, an excellent location. Cozy living space. Functional split layout with eat-in kitchen. Both Bedrooms with closets and floor-to-ceiling windows offer plenty of natural light. One 4-piece bathroom. Walk out to open balcony from living room with a clear view. Great location, near the busy entertainment district, steps to Yong/Finch subway station, park, banks, various restaurants, retail shops and more. Condo amenities include: gym, visitor parking, security system, party room, meeting room, etc.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Apartment
Total Approx Floor Area:
800-899
Exposure:
North West
Bedrooms:
2
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
5
Rooms:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
8
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Underground
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker:
Owned
Family Room:
No
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$716.74
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Common Elements Included
Taxes:
$2,504 / 2025
Assessment:
$- / -
Toronto
Toronto C14
Willowdale East
Arts Centre, Library, Park, Public Transit, School
None
Security System
Yes-with Restrictions
Fridge, Stove, Microwave, Dishwasher, Washer & Dryer, Elf's And Existing Window Coverings.
Concrete
Game Room, Party Room/Meeting Room, Visitor Parking, Gym
Floor
Type
Size
Other
Flat
Foyer
12'11½" × 3'11¼"
Ceramic Floor, Closet
Flat
Living Room
15'3½" × 12'8¾"
W/O To Balcony
Flat
Kitchen
8' × 8'
Combined w/Dining, Eat-in Kitchen, Window Floor to Ceiling
Flat
Primary Bedroom
12'6" × 9'8"
Walk-In Closet(s), Window Floor to Ceiling
Flat
Bedroom 2
8'10" × 7'10½"
Closet, Window Floor to Ceiling
Floor
Ensuite
Pieces
Other
Flat
No
4
4'11" x 8'2" 4 Pc Bath
UFFI:
No
Special Designation:
Unknown
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Laundry Level:
Main Level
Condo Corporation Number:
1602
Property Management Company:
Crossbridge Property Management
Date Listed:
Apr 21, 2026
Original Price:
Previous Price:
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Listed by LE SOLD REALTY BROKERAGE INC.
Data was last updated April 22, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
269
Avg list price:
$608,000
Min list price:
$369,000
Max list price:
$1,595,000
Avg days on market:
28
Min days on market:
1
Max days on market:
448
These statistics are generated based on the current listing's property type and located in Willowdale East. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.