Looking for a studio for sale that offers urban convenience without the high price tag? Whether you’re a first-time buyer, investor, or someone seeking a smartly designed living space, studios are an increasingly popular option in today’s market. Compact, stylish, and often centrally located, studio condos and apartments deliver excellent value in cities like Toronto, Mississauga, Vaughan, and beyond.

101 Meadowview Lane S
Elma North Perth N4W 3G8

$380,000
Residential Condo & Other beds: 0 baths: 0.0

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Listed by Royal LePage Don Hamilton Real Estate

Data was last updated April 2, 2026 at 06:15 AM (UTC)

DARYL KING
RE/MAX HALLMARK REALTY LIMITED
1 (905) 9075464
homes@darylking.com

Why Buy a Studio Apartment or Condo?

• Affordable Entry Point: Studios are typically the most budget-friendly option for homeownership in the GTA.
• High Rental Demand: Ideal for investors looking for steady rental income with low vacancy risk.
• Prime Locations: Many studios are in downtown or transit-connected areas.
• Low Maintenance: Less space = fewer costs for upkeep, utilities, and property taxes.
• Efficient Living: Open layouts, modern designs, and creative storage solutions maximize functionality.

Features to Expect in Studio Listings

Modern studios on the market today often include:

• Open-concept layouts ranging from 300 to 600 sq. ft.
• Floor-to-ceiling windows, built-in storage, and balconies
• Updated kitchens with quartz countertops and stainless steel appliances
• In-unit laundry and energy-efficient systems
• Access to amenities like gyms, rooftop decks, and co-working lounges

Neighbourhood Highlights Around Popular Studio Areas

Studio buyers often focus on central and transit-rich areas like Downtown Toronto, Yonge & Eglinton, and Vaughan Metropolitan Centre. These neighbourhoods offer:

Walkable access to restaurants, cafes, and nightlife
Close proximity to TTC, GO, and major highways
Parks, universities, coworking spaces, and shopping districts
A vibrant mix of professionals, students, and urban explorers

Whether you’re seeking a cozy personal space or a high-demand rental unit, these neighbourhoods provide both lifestyle perks and strong resale value.

What to Expect When Buying a Studio for Sale

Studios are designed to maximize every square foot, offering:

Affordable ownership in otherwise expensive locations
Flexible layouts that combine living, sleeping, and cooking
Quality finishes like hardwood flooring and smart lighting
Ideal fit for remote workers, students, or investors

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Studio for Sale

1. What is the average price for a studio in the GTA?
Studios typically range from $350,000 to $550,000, depending on location, building age, and finishes.

2. Are studio condos a good investment?
Yes. Studios are often easier to rent, carry lower maintenance fees, and perform well in high-demand rental areas.

3. Do studios come with parking or storage lockers?
Some do, but many studios do not include parking. Storage lockers may be available at an extra cost.

4. Who should buy a studio apartment?
Studios are perfect for first-time buyers, young professionals, students, or investors looking for affordable and in-demand properties.

101 Meadowview Lane S Elma North Perth N4W 3G8

$380,000 Residential Condo & Other beds: 0 baths: 0.0