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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PH39 125 Omni Drive

Bendale Toronto M1P 5A9

$379,900

Residential Condo & Other beds: 1 baths: 1.0

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• Details
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• Map

Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

E12827324

Bedrooms:

1

Bathrooms:

1

• Photos (17)

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Location Location. Welcome to Tridel Forest Mansion. This bright and spacious one bedroom condo has 24 hr gatehouse security and is steps to Ttc rapid transit Scarborough Town Centre, library, & restaurants. Sought after Penthouse unit. Hardwood floors in living and dinning room. Freshly painted, newer bathroom vanity. Close to Hwy 401, schools, parks. This beautiful building has recently updated common areas with tons of amenities including indoor pool, gym, billiards lounge, games room, party room and more.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Home Style:

Apartment

Total Approx Floor Area:

600-699

Exposure:

West

Bedrooms:

1

Bathrooms:

1.0

Kitchens:

1

Bedrooms Above Grade:

1

Kitchens Above Grade:

1

Rooms Above Grade:

1

Rooms Below Grade:

3

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Storey:

22

Balcony:

None

Basement:

Apartment

Fireplace/Stove:

No

Garage:

Underground

Garage Spaces:

1.0

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:

$716.58

Maintenance fees include:

Heat Included, Water Included, Common Elements Included, Building Insurance Included, Hydro Included, CAC Included

Taxes:

$1,719.32 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E09

Listing Sub-Area:

Bendale

Interior Features:

None

Pets Permitted:

Yes-with Restrictions

Inclusions:

Fridge, Stove, Dishwasher, Washer & Dryer

Exterior Finish:

Brick

Room Information:

Floor

Type

Size

Other

Ground

Living Room

17'5.18 m × 10'10"3.30 m

Hardwood Floor

Ground

Bedroom

13'4"4.06 m × 8'6"2.59 m

Broadloom

Ground

Kitchen

8'6¾"2.61 m × 8'4¾"2.56 m

Other Details:

Special Designation:

Unknown

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Laundry Access:

In-Suite Laundry

Business Info:

Condo Corporation Number:

1363

Property Management Company:

Del Property Management

Listing Info:

Date Listed:

Feb 27, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX ABOUTOWNE REALTY CORP.

Data was last updated February 28, 2026 at 05:15 PM (UTC)

Area Statistics

Listings on market:

59

Avg list price:

$539,000

Min list price:

$299,000

Max list price:

$979,000

Avg days on market:

36

Min days on market:

0

Max days on market:

606

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