Toronto Homes under $400,000

Toronto Homes under $400,000

**Discover Affordable Living in Vibrant Toronto, Ontario**

Welcome to Toronto, Ontario – Canada’s largest city and a vibrant hub of culture, innovation, and diversity. Nestled along the shores of Lake Ontario, this bustling metropolis is renowned for its iconic skyline, featuring the CN Tower, and a rich tapestry of neighborhoods that each offer their own unique charm.

For those searching for homes under $400,000, Toronto presents an exciting opportunity. While the city is often associated with high property prices, there are hidden gems waiting to be discovered. Areas like East York, Scarborough, and parts of North York offer a variety of options for first-time homebuyers and investors alike. From cozy condominiums to quaint townhouses, these neighborhoods provide a perfect blend of affordability and accessibility.

Living in Toronto means immersing yourself in a vibrant community with endless opportunities for entertainment, dining, and outdoor activities. Explore the eclectic mix of cultures through local markets, festivals, and the diverse culinary scene that will tantalize your taste buds. Enjoy the vast green spaces, including High Park and the Toronto Islands, perfect for weekend getaways or leisurely strolls.

With excellent public transportation and a commitment to sustainable living, Toronto is a city that embraces progress while honoring its rich history. Whether you’re looking to settle down or invest, the affordable housing options under $400,000 make it easier than ever to call this dynamic city home. Embrace the Toronto lifestyle and start your journey today!

Newest Toronto Homes under $400,000

160 The Donway N/A W Unit 304, Toronto
$389,900
2 Beds ⋅ 1 Baths ⋅ C13856056 MLS
Welcome to 160 The Donway West, offering spacious, comfortable living in the heart of sought-after Don Mills. This bright two-bedroom suite features nearly 1,000 sq. ft. of well-designed living space, with an open-concept living and dining area, two generously sized bedrooms with oversized closets, and plenty of storage throughout. Step outside to the large private balcony overlooking the gardens, the perfect spot for your morning coffee or to unwind at the end of the day. The suite also includes an exclusive storage locker and parking, while the building offers an elevator and visitor parking. Even better, property taxes, heat and water are included in the monthly maintenance fee, making budgeting refreshingly straightforward. Located just a short walk from Shops at Don Mills and surrounded by parks, schools, transit, dining and everyday amenities, this is an opportunity to enjoy one of Toronto's most established neighbourhoods with easy access to major routes throughout the city. Spacious, well located and full of potential, this is Don Mills living with room to actually live and enjoy one of Toronto's finest neighborhood.

160 The Donway N/A W Unit 304, Toronto
2800 Warden Avenue Unit 104, Toronto
$299,000
3 Beds ⋅ 2 Baths ⋅ E13856010 MLS ⋅ St. Paul's Terrace Senior Residence BLDG.
Welcome to St. Paul's Terrace, where the on-site restaurant is just down the hall and shopping is right at your doorstep. This bright 2-bedroom, 2-bathroom suite offers 1,015 sq ft of North East-facing living, with a handy nook off the living room - great for a desk - plus a picture window dining room and a kitchen with pantry. Both bedrooms offer generous double closets, and a 4-piece plus 3-piece bath keep mornings simple. Ensuite laundry, forced air gas heat, and central air add everyday comfort. One owned underground parking spot completes the package. Maintenance fee is genuinely all-inclusive: heat, hydro, water, CAC, common elements and parking. Enjoy Life Lease senior living (55+) with concierge, exercise room, party/meeting room, recreation room, and a rooftop deck/garden. Steps to transit, library, hospital, park, and place of worship.

2800 Warden Avenue Unit 104, Toronto
100 Scottfield Drive Unit 615, Toronto
$298,000
1 Beds ⋅ 1 Baths ⋅ E13855720 MLS
Welcome to Yee Hong Garden Seniors Living Centre, a trusted name in senior care and wellness especially within the Chinese Canadian communities in the GTA. Open-concept living/dining and kitchen area, generous sized bedroom with ample closet space. Managed by Yee Hong Centre for Geriatric Care, this Life Lease unit offers peace of mind with:24-hour medical emergency response system, On-site PSW, A wide range of cultural and social activities, Strong community feeling where friends and family meet greet and stroll through the gardens or play a friendly game of Mah Jong in the game room right off the Lobby. Occupancy Requirements: At least 2 residents must be 55 years or older. No residents under the age of 18. This is a rare opportunity to become part of a warm, welcoming and culturally connected community, seeking safety, care, and companionship in their golden years. This unit can be fully furnished and is move in ready. All utilities are included in Maintenance fees-$706.85 month and Taxes- $120.81 month.

100 Scottfield Drive Unit 615, Toronto
20 Stewart Street Unit 17, Toronto
$90,000
C13854528 MLS
One (1) Parking Space Available For Sale At 20 Stewart St. Must Be A Resident Of The Building Or An Owner Of The Commercial Space.

20 Stewart Street Unit 17, Toronto
335 Driftwood Avenue Unit 608, Toronto
$335,000
2 Beds ⋅ 1 Baths ⋅ W13854444 MLS
Welcome to this well-maintained 2-bedroom, 1-bathroom unit. Spacious unit with natural light. Separate eat-in kitchen with large living room space. Balcony with beautiful views. En-suite laundry with storage space. One extra long underground parking spot for 1.5 cars. All-inclusive maintenance fees. The windows and balcony doors were upgraded by Condo Management in April 2026. Ideally located near York Univerisity, major amenities, parks, and highways. Amazing option for first-time buyers or investors.

335 Driftwood Avenue Unit 608, Toronto
18 Holmes Avenue Unit 1412, Toronto
$375,000
1 Beds ⋅ 1 Baths ⋅ C13854316 MLS
One Bedroom Located Right On Yonge And Finch! Full Sized Appliances, Hardwood Floors, And Floor To Ceiling Windows. Walking Distance To Restaurants, Parks, Ttc (Finch Station), And Retail Plazas. Efficient Floor Plan. Light Fixtures And Blinds Included! Rare Amenities That Include An Indoor Pool, Lap Pool. Hot Tubs. Gym, Party Room, Rooftop Terrace. 24Hr Concierge. Unit Comes With One Parking And Locker! Building Also Has Visitor's Parking.

18 Holmes Avenue Unit 1412, Toronto
717 Eglinton Avenue W Unit 103, Toronto
$399,000
1 Beds ⋅ 1 Baths ⋅ C13853694 MLS ⋅ The Crofton BLDG.
Welcome to an exceptional residence in the heart of Upper Forest Hill, set within The Crofton, a meticulously restored Art Deco boutique building inspired by the timeless sophistication of New York architecture. Favoured for its southwest exposure and overlooking a lush, tree-lined ravine, this generous one-bedroom suite offers a rare combination of privacy, natural beauty, and refined urban living. A gracious entry foyer leads into the spacious living room, where expansive windows frame tranquil ravine vistas and impressive skyline views. The efficiently designed updated kitchen offers everything needed for effortless everyday living, while the generously proportioned primary bedroom features multiple closets and ample space for custom built-ins. The suite also includes an exclusive-use locker, while monthly maintenance fees include property taxes, heat, hydro, water, fibre-optic internet, and cable. The Crofton has undergone an extensive restoration, including updated electrical and plumbing systems, a renewed building envelope, rebuilt balconies, beautifully redesigned front landscaping and fabulous seating area on the south lawn. Ideally situated in coveted Upper Forest Hill, this exceptional residence is close to the LRT, Beltline trails, neighbourhood shops, cafés, and renowned restaurants. A distinctive Forest Hill offering where architectural heritage, modern comfort, and ravine-side serenity come together.

717 Eglinton Avenue W Unit 103, Toronto
100 Wingarden Court Unit 1215, Toronto
$368,000
2 Beds ⋅ 2 Baths ⋅ E13853498 MLS
Whether you're a contractor or an investor searching for your next property , this spacious 2-bedroom, 2-bathroom condo, offering an excellent opportunity to renovate and make it your own! This unrenovated unit features a bright, open-concept layout with generous living and dining areas, ideal for everyday living and entertaining. The functional kitchen provides plenty of potential for your future updates. The primary bedroom offers ensuite washrooms and walk in closet space,, while the second bedroom includes a generous double closet space.4 Pcs full bathroom spaces, all rough in. A picture window brings natural light into living area ensuite laundry, and ample storage add everyday convenience. Enjoy outdoor relaxation on your private balcony with city views. Condo fees include all utilities for added peace of mind. Conveniently located close to shopping, parks, public transit, Highway 401, restaurants, and schools. A fantastic opportunity for buyers looking to personalize their home and add value in a well-connected location! seller provide VTB, company transfer available, virtual staging..

100 Wingarden Court Unit 1215, Toronto
68 Canterbury Place Unit PH05, Toronto
$399,990
2 Beds ⋅ 2 Baths ⋅ C13853174 MLS
Perhaps The Best Unit In The Building! Penthouse Southwest Corner With Unobstructed Views, Tons Of Natural Light And A Rare 234 Sq Ft Uncovered Wraparound Balcony. The Den Is Practically A Second Bedroom, It Is Completed With A Sliding Door, Windows And Ventilation. Upgraded Pot Lights In The Living Room. Two Full Washrooms, Parking And Locker Included. Unbeatable Willowdale Location In The Highly Rated Churchill Public School Zone-Perfect For Families With Young Children. Short Walk To Finch Station And Yonge Street Restaurants And Shops; Close To North York Centre, Cinemas, Library And Schools, With Easy Access To Hwy 401.

68 Canterbury Place Unit PH05, Toronto
1 Watergarden Way Unit 5, Toronto
$399,900
1 Beds ⋅ 1 Baths ⋅ C13852168 MLS
Rarely does a home offer this level of tranquility, privacy, and connection to nature in the heart of North York. Set within one of the area's most distinctive low-rise condominium residences, this beautifully appointed one-bedroom suite offers a peaceful escape from the city, surrounded by mature trees and the natural beauty of the Don River ravine. Designed by renowned architect Arthur Erickson and built by Shane Baghai, this exclusive residence features only 40 suites, creating an intimate and private atmosphere with private elevator access.The open-concept living and dining area, along with the spacious bedroom, is filled with natural light and framed by lush ravine views, creating a serene, almost treehouse-like atmosphere. Step onto your private balcony and take in the remarkable quietness, where the surrounding forest becomes part of your everyday living experience. The thoughtfully appointed suite also features a bathroom with a Jacuzzi tub, updated quartz counter for bathroom and kitchen. Residents enjoy an exceptional collection of amenities, including a forest-overlooking indoor pool, sauna, car wash, and more. An EV charger further complements the convenience and lifestyle of this unique residence. For those who value privacy, tranquility, nature, and timeless design, this is a rare opportunity to live surrounded by greenery while remaining connected to everything North York has to offer.

1 Watergarden Way Unit 5, Toronto
45 Sunrise Avenue Unit 701, Toronto
$399,000
2 Beds ⋅ 1 Baths ⋅ C13851714 MLS
**Seller is Open To Considering Vendor Take-Back (VTB) Financing, Subject to Seller's Terms, Conditions and Buyer Qualifications**.Welcome to this bright, spacious, and open-concept 2-bedroom condo offering comfort, convenience, and exceptional value. The functional layout features a large kitchen with ample space, overlooking a generous family-sized living and dining area perfect for everyday living. Enjoy an abundance of natural light throughout the unit, with a walk-out from the living area to a large private balcony, ideal for morning coffee or relaxing evenings. The spacious primary bedroom features parquet flooring, large walk-in closets, while the second bedroom offers flexibility for family or a home office. Residents enjoy excellent building amenities including an outdoor swimming pool, basketball court, gym, leisure room and beautifully maintained grounds. Ideally located in the sought-after Victoria Village community, this home is close to numerous malls and grocery stores, parks, schools, community centres, place of worship, restaurants, and cafes. Commuters will appreciate easy access to TTC transit, major highways, and the Eglinton LRT. The maintenence fees include heat, hydro, water and parking. This is a fantastic opportunity offering tremendous value to own a spacious home giving you the flexibilty to make it your own in one of Toronto's most convenient neightbourhoods.

45 Sunrise Avenue Unit 701, Toronto
3035 Finch Avenue W Unit 2016, Toronto
$379,000
2 Beds ⋅ 1 Baths ⋅ W13851644 MLS
Welcome to this bright and spacious 1-bedroom + den suite in an excellent stacked townhouse complex! Thoughtfully designed with a functional layout, this home offers comfortable living space with the added flexibility of a versatile den that can easily be used as a second bedroom, home office, or guest room.Enjoy plenty of natural light throughout and a welcoming atmosphere that makes this unit feel like home. Includes 1 parking spot and 1 locker for added convenience and storage.Ideally located close to parks, grocery stores, TTC transit, shopping, restaurants, and everyday amenities, with everything you need just minutes away. A fantastic opportunity for first-time buyers, downsizers, or investors looking for a well-located and flexible home.Don't miss the opportunity to make this bright and spacious suite your own!

3035 Finch Avenue W Unit 2016, Toronto
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