Toronto Homes under $400,000

Toronto Homes under $400,000

Welcome to Toronto, Ontario – a vibrant metropolis that beautifully blends urban sophistication with diverse cultural experiences. As Canada’s largest city, Toronto is known for its iconic skyline, bustling neighborhoods, and rich tapestry of cultures. From the historic Distillery District to the modern waterfront, there’s something for everyone in this dynamic city.

For those seeking affordable housing options, Toronto offers homes under $400,000, making it an attractive choice for first-time buyers, young professionals, and families looking to settle in this thriving urban environment. While the city’s real estate market can be competitive, there are still hidden gems waiting to be discovered. These properties often include charming condos, cozy townhouses, and even some single-family homes in up-and-coming neighborhoods.

Living in Toronto means being at the heart of a city that never sleeps. Enjoy world-class dining, shopping, and entertainment, with cultural festivals and events happening year-round. The city’s excellent public transportation system makes commuting a breeze, allowing you to explore everything from the bustling downtown core to the scenic parks and waterfront.

Whether you’re drawn to the arts, sports, or simply the excitement of city life, Toronto has it all. With homes under $400,000, you can embrace the Toronto lifestyle without breaking the bank. Discover your perfect home in this incredible city and become part of a community that celebrates diversity, innovation, and opportunity. Your Toronto adventure awaits!

Newest Toronto Homes under $400,000

6 Eva Road Unit 905, Toronto
$399,200
1 Beds ⋅ 1 Baths ⋅ W13874084 MLS
Luxurious Tridel Building 'West Village In Desirable Location! One Bedroom Suite Features Laminate Floor Throughout Even In Bedroom, With South Facing Balcony, Close To Major Highways, Grocery Stores, Bus To Kipling & Islington Subway, Minutes From Sherwin Gardens And Downtown Toronto. Amenities Include, Movie Theater, Indoor Swimming Pool, State The Art Gym Facilities, Whirlpool, Sauna, Party Room, Guest Suites, 24/7 Concierge.

6 Eva Road Unit 905, Toronto
15 Lower Jarvis Street Unit 807, Toronto
$399,000
1 Beds ⋅ 1 Baths ⋅ C13873962 MLS
Welcome to exceptional downtown living! Bright and modern suite featuring sunny west-faceing city and lake views and a spacious balcony overlooking Toronto's vibrant skyline. Open-concept layout with floor-to-ceiling windows, contemporary kitchen with built-in Miele appliances, and bedroom with a versatile nook ideal for a home office or study. Enjoy an outstanding selection of resort-style amenities, including indoor pool, fitness centre, yoga studio, theatre, library, party room, billiards, fireplace lounges, tennis, basketball, garden plots, arts and crafts and sun deck. Prime downtown location just minutes from Union Station, TTC, St. Lawrence Market, George Brown College, Sugar Beach, Loblaws, Harbourfront, Central island and the CN Tower. TTC at your doorstep, with scenic waterfront walking, running and cycling trails nearby. Modern. Bright. Connected. Exceptional urban living in the heart of Toronto.

15 Lower Jarvis Street Unit 807, Toronto
181 Dundas Street E Unit 807, Toronto
$349,900
1 Beds ⋅ 1 Baths ⋅ C13873774 MLS
***Public Open House Saturday October 10th From 2:30 To 3:30 PM.*** Welcome To The Prestigious Grid Condos By CentreCourt At 181 Dundas St E! Bright, Modern Condo In A Prime Downtown Location. This Sleek, Sun-Filled Suite Offers A Highly Functional Open-Concept Layout With Floor-To-Ceiling Windows, Smooth Ceilings, And Quality Laminate Flooring Throughout. The Modern Kitchen Includes Sleek Cabinetry, Stainless Steel Appliances, And A Practical Workspace That Flows Seamlessly Into The Living Area. Large Windows Bring In Abundant Natural Light, Creating A Bright And Inviting Atmosphere. The Bedroom Offers Comfortable Privacy With Ample Storage, While The Bathroom Showcases Clean, Modern Finishes. In-Suite Laundry: Convenient Stacked Washer And Dryer Tucked Neatly Away. An Incredible Opportunity For End-Users, First-Time Buyers, Or Savvy Investors Looking For Guaranteed High Rental Demand! Convenient Location Downtown Location: Steps To TMU (Toronto Metropolitan University), Eaton Centre, Dundas Subway Station, Yonge-Dundas Square, Financial District, St. Michael's Hospital, Dining, Grocery, And 24-Hour Streetcar Transit At Your Doorstep. Residents Enjoy Access To Impressive, World-Class Building Amenities Include A 7,000 Square Feet Multi-Level Fitness Centre, Yoga & Spinning Studio, 24/7 Concierge, Outdoor Terrace With BBQs, Party Room, Guest Suites, And A Dedicated 2-Level Collaborative Workspace/Learning Centre. The Perfect Opportunity For Buyers Seeking Modern Living, Strong Value, And A Vibrant Downtown Lifestyle. Don't Miss Out On This Gem!

181 Dundas Street E Unit 807, Toronto
4062 Lawrence Avenue E Unit 306, Toronto
$350,000
3 Beds ⋅ 2 Baths ⋅ E13873732 MLS ⋅ The Hyland BLDG.
Space, Style & Savings All in One! Welcome to this beautifully maintained 2-storey condo offering an exceptional blend of comfort, convenience, and value in the heart of Scarborough. Featuring 3 generously sized bedrooms and 2 bathrooms, this spacious home is ideal for first time buyers, growing families, professionals, or savvy investors. Enjoy a bright and functional layout with plenty of living space and a private balcony, perfect for morning coffee or unwinding at the end of the day. HVAC updated in 2024 and is equipped with stainless steel appliances and ensuite washer and dryer. The building's recently renovated common areas offer a fresh and modern feel, while residents enjoy an impressive array of amenities including an indoor pool, fitness centre, sauna, party room, visitor parking and more. Best of all, the maintenance fees offer incredible value and include heat, air conditioning, water, cable TV, building insurance, parking and access to all amenities, with only hydro extra. Ideally located just minutes from Centennial College and the University of Toronto Scarborough, with easy access to public transit, GO Station, schools, supermarkets, shopping, Morningside Park, walking trails and everyday essentials. A spacious home, outstanding amenities and exceptional value. This is one you will not want to miss! *Photos have been virtually staged.

4062 Lawrence Avenue E Unit 306, Toronto
5131 Sheppard Avenue E Unit 102, Toronto
$379,000
2 Beds ⋅ 1 Baths ⋅ E13873514 MLS
Lovely One Bedroom Plus Den Condo. The Kitchen is Nicely Equipped With Stainless Steel Appliances And An Island For Extra Prep Area And Storage. The Bedroom Features A large Window, Spacious Closet and Coffered Ceiling. Need To Share Work Space? The Den Can Accommodate Two Work Stations. Walkout From The Living Room To The Patio. There Is A Community Greenhouse, You Can Grow Your Own Vegetables. Conveniently Located Parking Space. Close To Shopping, Transit, Hwy 401, Centennial College And U of T Campus.

5131 Sheppard Avenue E Unit 102, Toronto
215 Queen Street W Unit 712, Toronto
$339,000
1 Baths ⋅ C13873450 MLS
This award-winning suite, recognized with the BILD Award for best small suite design, offers a smart and functional layout with a warm, inviting colour palette and a spacious balcony for resident enjoyment. Ideally located beside Osgoode Subway Station and steps from restaurants, theathres and concert halls. Perfect for students and professionals. The condo is within walking distance of OCAD University, University of Toronto, Toronto Metropolitan University, and four major hospitals. Enjoy 24/7 transit right at your doorsteps with Queen St.

215 Queen Street W Unit 712, Toronto
5 Vicora Linkway Way Unit 915, Toronto
$325,000
2 Beds ⋅ 1 Baths ⋅ C13872442 MLS
Opportunity knocks at 5 Vicora Linkway! This spacious two-bedroom suite is ready for a buyer with vision. It is an excellent opportunity for renovators, investors or first-time buyers willing to roll up their sleeves, create a home that reflects their style and build equity along the way. Enjoy all-inclusive maintenance fees and building amenities that include an indoor pool, gym and sauna. Conveniently located in East York, steps from TTC and easy access to the DVP, 401Highway and downtown Toronto. Schools, shopping, and parks are all nearby. Bring your ideas and unlock the potential of this well-located suite

5 Vicora Linkway Way Unit 915, Toronto
180 Markham Road Unit 1704, Toronto
$379,000
3 Beds ⋅ 2 Baths ⋅ E13872432 MLS
Welcome to 180 Markham Rd #1704, a spacious 3-bedroom, 2-bathroom penthouse condo with breathtaking panoramic views of Lake Ontario and the Toronto skyline. This bright, airy suite with two separate balconies offers an incredible opportunity to own in the heart of Scarborough Village at an unbeatable value. The unit is well cared for and fully livable, but ready for your personal touch and updates to make it truly your own. With generous principal rooms, ample storage, and endless natural light, this is the perfect place to create lasting memories. Whether you're a first-time homebuyer, a young family seeking space and convenience, retirees looking for a peaceful home near the lake, or a student at U of T Scarborough, this condo checks all the boxes. TTC is right at your doorstep, shopping and schools are within walking distance, and the Bluffs, GO Station, and Hwy 401 are just minutes away. Offers anytime. Don't miss this opportunity to unlock the potential of one of Toronto's best-kept secrets! Please note, Condo fees have been paid to the end of 2026.

180 Markham Road Unit 1704, Toronto
8 Lee Centre Drive Unit 1011, Toronto
$390,000
2 Beds ⋅ 1 Baths ⋅ E13872362 MLS
Great Location. Look No Further! Price to sell, Steps To TTC, Mins To 401, Scarborough Town Center, Access To Downtown Via Transit, Markets, Centennial College / UFT Scarborough Campus, Well Maintained Unit. 1 Bedroom Plus Den Can Be Used As 2nd Bedroom/Office. Outstanding Clean Building. Enjoy Sun Set View From Bedroom/Living

8 Lee Centre Drive Unit 1011, Toronto
816 Lansdowne Avenue Unit 1014, Toronto
$389,000
1 Beds ⋅ 1 Baths ⋅ W13872278 MLS
Big views, bright interiors and a neighbourhood that keeps getting better. Welcome to this thoughtfully updated 1-bedroom at Upside Down Condos, offering approximately 535 sq. ft. plus a generous balcony and wide east-facing city and downtown skyline views. Expansive windows fill the open-concept living and dining area with natural light, while the bedroom features a walkout to the balcony. The modern kitchen offers IKEA cabinetry, stainless steel appliances, a subway-tile backsplash, open shelving and a new countertop and sink (2025). The bathroom was also refreshed in 2025 with a new countertop and sink, with bedroom flooring updated in 2019. Ensuite laundry and building amenities including a gym, yoga studio, sauna, games room, party room and visitor parking make everyday living easy. Food Basics is practically next door, the Lansdowne bus is at your doorstep, and Lansdowne subway station, Bloor GO/UP Express, Bloordale's shops and restaurants, Geary Avenue and the West Toronto Railpath are all within easy reach. Even more is coming nearby: the new 89,500 sq. ft. Wallace Emerson Community Recreation Centre and revitalized park will bring pools, a full-size gym, running tracks, studios, skating and more. A smart, connected west-end home-with the view to prove it.

816 Lansdowne Avenue Unit 1014, Toronto
707 Dovercourt Road Unit 215, Toronto
$350,000
1 Baths ⋅ C13871748 MLS ⋅ 707 Lofts BLDG.
Welcome to suite #215 at 707 Lofts! A modern, boutique condominium with a connected community feel in the heart of Bloorcourt Village. This exceptionally well-maintained soft loft perfectly blends sleek luxury with everyday functionality, offering the incredible opportunity for a buyer to make their mark in the city. Step inside to brand new, laminate floors, European-imported running throughout a sunbathed, open-concept layout. The corner kitchen is a stylish dream, complete with stone countertops, premium stainless steel appliances, and plenty of built-in cabinetry. The living and dining rooms offer the potential for crafting your in-home sanctuary. Drenched in natural light, this space is perfect for an in-home office, cozy living room, or expansive bedroom. The suite features a walk-out balcony to let in a subtle breeze and northeast views overlooking the quiet courtyard. The suite concludes with a four-piece bathroom finishes the suite, complete with a deep soaking tub, and custom vanity with additional storage. The suite also includes one owned parking space. Residents at 707 Lofts share a tight-knit, boutique community feel packed with outstanding amenities. Including a party/meeting room, dedicated bike storage, ample visitor parking, and a gorgeous private courtyard with community BBQs. Situated just off Bloor Street, and steps from Ossington Subway Station. Take a short walk along Bloor Street for some of Toronto's most beloved restaurants, cafès, and shops. Christie Pits, Dufferin Grove, and Bickford Park are all nearby to soak up the sun, or to take the dog to stretch their legs. Suite #215 at 707 Lofts is a fantastic opportunity for a buyer looking to start a new chapter in an urban paradise.

707 Dovercourt Road Unit 215, Toronto
395 Bloor Street E Unit 1706, Toronto
$388,888
2 Beds ⋅ 1 Baths ⋅ C13870934 MLS ⋅ The Rosedale On Bloor Condos BLDG.
Breathtaking skyline and city views overlooking Rosedale-Moore Park at The Rosedale on Bloor! This stunning north-facing, only 3-years-new condo features a bright, spacious, and highly functional 1-bedroom + den layout with a thoughtfully designed open-concept floor plan. The versatile den can easily be enclosed with doors to create a private second bedroom, or used as a home office or additional living space. The contemporary kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and neutral finishes throughout. Enjoy thoughtful upgrades including custom zebra blinds, soft-close cabinetry, and upgraded ceiling light fixtures. Additional highlights include a front-load washer/dryer, generous closet space, and an open balcony offering breathtaking north-facing views. Residents enjoy an exceptional selection of building amenities, including 24-hour concierge service, a fitness centre, indoor pool, and party/meeting room. Connected to the Canopy Hotel by Hilton and surrounded by an impressive selection of shops, restaurants, cafés, and everyday conveniences, this A+ location is just a 5-minute walk to Yorkville and minutes from Yonge-Bloor. With TTC and subway access right at your doorstep, enjoy effortless access to everything downtown Toronto has to offer. High-speed Internet also included in maintenance fee!

395 Bloor Street E Unit 1706, Toronto
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