10 Toronto homes listed for under $400,000 right now

With Toronto property prices trending higher than ever, hunting for homes that fall under the city-wide average price can sometimes feel like an endless mission. But it’s not an impossible one.

The average Toronto home may be selling for over $1,000,000, but that doesn’t mean there aren’t great real estate opportunities out there for buyers looking to pick up a property on the lower end of the price spectrum.

Below are 10 homes, rounded up courtesy of Zoocasa, that are currently for sale in Toronto for under $400,000. Although some of them will likely sell for a bit more, you’re still getting a good deal compared to the rest of the city.

5 Frith Road – $349,000

• One-bedroom
• One bathroom
• 700-799 sq ft
• One parking
• New kitchen, private balcony, ensuite laundry.

5 Massey Square – $399,000

• One-bedroom
• One bathroom
• 700-7999 sq ft
• No parking
• Updated kitchen, the building has a pool, gym, and daycare.

800 Kennedy Road – $368,000

• Two-bedroom
• One bathroom
• 900-999 sq ft
• No parking
• Private balcony, steps from upcoming Eglinton Crosstown.

60 Gilliver Road – $399,900

• One-bedroom
• One bathroom
• 700-799 sq ft
• One parking
• Penthouse unit, upgraded kitchen, steps to upcoming Eglinton Crosstown.

 

• See also:
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  • 31% of Ontario homeowners say they’re now “house poor”
  • You now need to make almost $200K to afford an average Toronto house

130 Neptune Drive – $399,000

• Two-bedroom
• Two bathroom
• 1,000-1,199 sq ft
• One parking
• Locker included with south-facing windows.

1 Massey Square – $375,000

• One-bedroom
• One bathroom
• 700-799 sq ft
• No parking
• Private balcony, the building has a pool, sauna, gym, and party room.

940 Caledonia Road – $358,000

• Two-bedroom
• One bathroom
• 600-699 sq ft
• One parking
• Utilities included in condo fees.

2 Glamorgan Avenue – $299,000

• One-bedroom
• One bathroom
• 800-899 sq ft
• One parking
• Close to Kennedy Road TTC.

50 Ordnance Street – $399,000

• Studio
• One bathroom
• 0-499 sq ft
• No parking
• Private balcony, the building has a pool.

1 Massey Square – $364,900

• One-bedroom
• One bathroom
• 700-799 sq ft
• No parking
• Private balcony, the building has an indoor pool, basketball court, gym, and business centre.