With average home prices reaching $1,116,736 in the City of Toronto in May, condos can offer a much more affordable and plausible entry point into the real estate market for first-time homebuyers.
Here are 7 of the cheapest Toronto condos listed for sale right now – ranging from $347,000 to $399,900 – which are all move-in ready. All listings included in this roundup were active as of June 23rd, 2021.
Prospective buyers should conduct further research and pricing analysis for the homes and neighbourhoods that match their financial circumstances and lifestyle needs to guide their individual decisions. The content is not intended to solicit buyers or sellers currently under contract with a brokerage.
- 3 Bed, 1 Bath, 1 Parking
- 1200-1399 sq. ft
- Closest major intersection: Lawrence Ave E & Kingston Rd
This home offers a spacious 3 bedroom condo, with a nice and open living and dining area. Newly renovated with a brand new kitchen and laminated floors, this home is perfect for families. Being only a 5-minute drive to Morningside Park and the highway, this location is very convenient for day-to-day living.
View the 505-4064 Lawrence Ave E listing.
- Studio, 1 Bath, 0 Parking
- >499 sq. ft
- Closest Major Intersection: St. Clair Ave W & Avenue Rd
This suite is newly renovated from top to bottom, with smart features that make this small studio extremely functional. The kitchen is modern and custom-made with beautiful cabinets and kitchen island with quartz counters – and you won’t want to miss checking out the built-in murphy.
View the 108-78 Warren Rd listing.
- 1 bed, 1 bath, 1 parking
- 700+ sq. ft.
- Closest major intersection: Dawes Rd. and Victoria Park Ave.
This newly renovated condo is surrounded by greenspace! Located off Crescent Town Rd. in East York, the building backs onto the Taylor-Massey Creek with close walking distance to Dentonia park – perfect for the condo dweller who likes to get outdoors.
View the 791 -1 Massey Sq. listing.
- Studio, 1 bath, 0 parking
- >499 sq. ft
- Closest major intersection: Dundas St E & River St
This cozy and bright studio sets the perfect atmosphere to share a laugh over wine and nibbles. Located on the 16th floor, it offers beautiful views from the comfort of your living room.
View the 1605-170 Sumach St listing.
- 2 Beds, 2 baths, 1 parking
- 1200-1399 sq. ft.
- Closest Major intersection: Wilson Ave & Keele St
This fully-renovated home is located in one of the most convenient areas in the city. Located just a short walk to the subway, TTC, shopping and many more amenities, it makes a great place for families.
View the 602-2737 Keele St listing.
- 1 Bed, 1 Bath, 0 Parking
- >499 sq. ft.
- Closest major intersection: Queen St W & Dufferin St
This unit offers the best of both worlds, near King West & Liberty Village. The suite is in move-in-ready condition with freshly painted walls, a modern kitchen, and stainless steel appliances. The 12th-floor balcony view offers unobstructed North Views of the Skyline and the CN Tower – perfect for summertime hosting!
View the 1220-38 Joe Shuster Way listing.
- Studio, 1 bath, 1 parking
- >499 sq. ft.
- Closest major intersection: Yonge St and Front St W.
A spacious studio with southern lake views! Living here will allow you to enjoy a walkable downtown lifestyle, with easy access to the Financial District, the Harbour Front, and the Yonge subway station to reach anywhere in Toronto.
View the 1803-3390 Weston Rd listing.