These Toronto homes are currently listed for under $400,000

Finding real estate in Toronto below $400,000 is like finding a rare gem, but it doesn’t mean that these homes don’t exist.

Across the city, there are plenty of great options listed under the $400,000 mark, including one-, two-, and three-bedroom homes. Although anyone familiar with the Toronto real estate market knows a home’s listed price is rarely the amount it sells for, a lower asking price certainly gives a better jumping-off point.

Below are 10 Toronto homes under $400,000, all provided by Zoocasa, that have the potential to be a great investment for anyone from a seasoned real estate investor to a first-time buyer.

1. 3 Marine Parade Drive – $305,000

• one bedroom
• one bathroom
• 600-699 sq ft
• one parking

2. 4064 Lawrence Avenue East – $320,000

• two bedrooms
• one bathroom
• 1,000-1,199 sq ft
• one parking

3. 55 Neptune Drive – $349,000

• one bedroom
• one bathroom
• 500-599 sq ft
• one parking

4. 10 Eddystone Avenue – $350,000

• three bedrooms
• two bathrooms
• 1,000-1,199 sq ft
• one parking

5. 330 Dixon Road West – $367,900

• one bedroom
• one bathroom
• 800-899 sq ft
• one parking

6. 8 Colborne Street – $375,000

• one bedroom
• one bathroom
• zero-499 sq ft
• No parking

7. 2645 Jane Street – $379,999

• two bedrooms
• two bathrooms
• 1,000-1,199 sq ft
• two parking

 

• See also:
  • Tiny two-bed Toronto bungalow transformed into a luxurious $2.5M listing
  • Red hot GTA housing market showing the first signs of cooling
  • Toronto condo sales drop while prices hit a plateau

8. 10 Parkway Forest Drive – $380,000

• one bedroom
• one bathroom
• 700-799 sq ft
• one parking

9. 100 Wingarden Court – $385,000

• one bedroom
• teo bathrooms
• 1,000-1,199 sq ft
• one parking

10. 5580 Sheppard Avenue East – $389,000

• one bedroom
• one bathroom
• 700-799 sq ft
• one parking