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Home Condominiums

Affordable Gems: GTA Condos That Sold for Under $400K

Sharlene Mascarenhas by Sharlene Mascarenhas
April 24, 2025
in Condominiums, Toronto Real Estate
Reading Time: 7 mins read
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The Greater Toronto Area is celebrated for its vibrant cities, diverse communities, and great potential for real estate investment. But with the average price of a single detached home sitting above $1.3 million, homeownership can feel out of reach for many. The silver lining? Condos continue to offer a more accessible entry point, especially for buyers with a $400,000 budgetst be the right fit. Whether you’re a first-time buyer, downsizing, or investing, here are some condos that for under $400,000.

703 – 25 Fairview Rd W, Mississauga, ON

Listed by: ROYAL LEPAGE SIGNATURE REALTY
Listed by: ROYAL LEPAGE SIGNATURE REALTY

Property details:

  • 1 bed, 1 bath
  • Walk score 75/ Transit score 64/ Bike score 58

Enjoy effortless city living in this bright and airy one-bedroom suite located in the heart of Mississauga. Filled with natural light, the unit featured a rare bonus—premium side-by-side parking. This home blends comfort with everyday convenience. The building is within walking distance of Square One Shopping Centre, which means that running errands and commuting is incredibly easy.

View this listing here.

306 – 90 Scottfield Dr, Scarborough, ON

Listed by: CENTURY 21 LEADING EDGE REALTY INC.
Listed by: CENTURY 21 LEADING EDGE REALTY INC.

Property details:

  • 3 beds, 1 bath
  • Walk score 73/ Transit score 66/ Bike score 49

Yee Hong Garden Terrace is a life lease housing community thoughtfully designed to support independent senior living. As specified in the listing, at least one occupant must be 55 years of age or older. This generously sized two-bedroom suite featured a sunroom and enhanced safety features, providing both comfort and peace of mind. The residence offers an ideal balance of autonomy and support within a welcoming environment tailored to the needs of mature adults.

View this listing here.

504 – 8 Lisa St, Brampton, ON

Listed by: ROYAL LEPAGE SIGNATURE REALTY
Listed by: ROYAL LEPAGE SIGNATURE REALTY

Property details:

  • 2 beds, 2 baths, 1 parking
  • Walk score 66/ Transit score 60/ Bike score 58
  • 1100 sq. Ft.

Experience comfort and functionality in this spacious 1,100 sq. ft. condo, ideally situated in the heart of Brampton. This well-designed residence features a modern kitchen, a generously sized bedroom, two full bathrooms, and a versatile den, ideal for a home office or guest suite. A walk-in pantry adds additional storage and convenience. Ideally located near Bramalea City Centre, transit, dining, and parks, this home brings everyday convenience right to your doorstep.

View this listing here.

2211 – 251 Jarvis St, Toronto, ON

Listed by: hc realty group inc.
Listed by: hc realty group inc.

Property details:

  • 1 bath
  • Walk score 99/ Transit score 100/ Bike score 99

Live in the heart of downtown Toronto with this sleek and sunlit studio featuring stunning city views and a smart, open layout. Floor-to-ceiling windows, modern finishes, and a private balcony made it the perfect urban escape. With top-tier amenities and unbeatable access to transit and shops, this is downtown living at its best.

View this listing here.

829 – 1900 Simcoe St N, Oshawa, ON

Listed by: KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
Listed by: KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

Property details:

  • 1 bath
  • Walk score 67/ Transit score 53/ Bike score 64

This bright penthouse bachelor unit in Oshawa offers unbeatable value in a sought-after location near Ontario Tech and Durham College. With soaring ceilings, modern finishes, and a north-facing view, it’s a stylish and low-maintenance space perfect for students, professionals, or investors. Fully furnished and move-in ready, it featured a convenient Murphy bed that maximizes living space. The unit also included top-notch building amenities and easy access to transit, shopping, and more.

View this listing here.

622 – 1900 Simcoe St N, Oshawa, ON

Listed by: RE/MAX JAZZ INC.
Listed by: RE/MAX JAZZ INC.

Property details:

  • 1 bath
  • Walk score 67/ Transit score 53/ Bike score 64

Step into smart, stylish living with this updated studio at University Studios. Featuring sleek vinyl flooring, a modern kitchen, and in-suite laundry, this unit was designed for both comfort and ease. Just minutes from Ontario Tech and Durham College, with great building amenities and transit, it’s an opportunity in a popular location.

View this listing here.

Are you looking to enter the real estate market this spring? Give us a call today! One of the experienced agents at Zoocasa will be more than happy to help you through the exciting home-buying process! 

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Sharlene Mascarenhas

Sharlene Mascarenhas

At Zoocasa, Sharlene specializes in data analysis, using her expertise to deliver precise and well-researched insights to readers. With a keen eye for detail, she excels in creating engaging infographics that simplify complex data, making it clear and informative. Driven by curiosity, Sharlene is passionate about discovering unique topics and sharing them with her audience. Stay connected with Sharlene to read her latest blogs!

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