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DistrictIQ · Toronto

Under $500K Condo Apartments for Sale in Toronto

1,602 under $500K condo apartments are for sale in Toronto right now — live MLS® listings, updated through the day.

The most attainable condo-apartment listings — typically studios and 1-bedroom suites.

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Newest under $500K condo apartments in Toronto

Just listed · updated through the day

270 Dufferin Street #619, Toronto, ON M6K 0H8New
$399,000

270 Dufferin Street #619
Toronto

South Parkdale
110–499 ft²
Condo
Listed by Condowong Real Estate Inc.
Listed 27m ago
111 Elizabeth Street #1501, Toronto, ON M5G 1P7New
$495,000

111 Elizabeth Street #1501
Toronto

Bay Street Corridor
21600–699 ft²
Condo
Listed by Century 21 Percy Fulton Ltd.
Listed 39m ago
153 Beecroft Road #515, Toronto, ON M2N 7C5New
$489,900

153 Beecroft Road #515
Toronto

Lansing-Westgate
21600–699 ft²
Condo
Listed by Re/Max Hallmark Realty Ltd.
Listed 1h ago
3100 Keele Street #438, Toronto, ON M3M 2H4New
$405,000

3100 Keele Street #438
Toronto

Downsview-Roding-CFB
11500–599 ft²
Condo
Listed by Homelife/Bayview Realty Inc.
Listed 1h ago
1960 Queen Street E #301, Toronto, ON M4L 1H8New
$479,000

1960 Queen Street East #301
Toronto

The Beaches
11500–599 ft²
Condo
Listed by Re/Max Hallmark Richards Group Realty Ltd.
Listed 2h ago
24 Southport Street #749, Toronto, ON M6S 4Z1New
$489,000

24 Southport Street #749
Toronto

High Park-Swansea
21600–699 ft²
Condo
Listed by Re/Max West Realty Inc.
Listed 2h ago
2721 Victoria Pk Avenue #203, Toronto, ON M1T 3N7New
$428,800

2721 Victoria Pk Avenue #203
Toronto

L'Amoreaux
221,000–1,199 ft²
Condo
Listed by Century 21 Parkland Ltd.
Listed 2h ago
50 TOWN CENTRE Court #411, Toronto, ON M1P 0A9New
$438,888

50 Town Centre Court #411
Toronto

Bendale
21600–699 ft²
Condo
Listed by Century 21 Leading Edge Realty Inc.
Listed 2h ago
Browse all 1,602 under $500K condo apartmentsEvery match in Toronto
The market

How Toronto under $500K condo apartments shape up

Averages across every active listing in this slice. Asking-side snapshots — they move as inventory turns over.

$436K
Average asking price
$65K–$500K
Price range
1.5
Avg bedrooms
1.2
Avg bathrooms

Other price ranges in Toronto

Same condo apartment bucket, different price band.

$500K to $800K Condo ApartmentsOver $800K Condo Apartments
All Toronto condo apartments

Toronto communities with under $500K condo apartments

The most active neighbourhoods for this slice.

Waterfront Communities C1121 listingsChurch-Yonge Corridor106 listingsIslington-City Centre West76 listingsWillowdale East65 listingsMoss Park46 listingsFlemingdon Park40 listings

Schools near Toronto condo apartments

EQAO results and the homes near every school.

Cottingham Junior Public SchoolElementary · Toronto DSBEQAO 2024–2025100%
Oriole Park Junior Public SchoolElementary · Toronto DSBEQAO 2024–2025100%
Arbor Glen Public SchoolElementary · Toronto DSBEQAO 2024–202598%
St Michael's Choir (Jr) SchoolElementary · Toronto CDSBEQAO 2024–202598%
St Michael's Choir (Sr) SchoolSecondary · Toronto CDSBEQAO 2024–202598%
Kensington Community School School JuniorElementary · Toronto DSBEQAO 2024–202597%
All schoolsEQAO results & catchments
Popular school catchments in Toronto

Buying a condo apartment in Toronto — what to know

Practical checks specific to this home type. No market predictions.

  1. 1

    Read the status certificate before you close — it discloses the reserve fund, upcoming special assessments, and any lawsuits against the corporation.

  2. 2

    Monthly condo fees typically cover the building envelope, insurance, and amenities; utilities may or may not be included, so ask for a breakdown.

  3. 3

    Rules matter — pets, short-term rentals, balcony grills, and moving-day restrictions vary by declaration and can shape day-to-day life.

Questions buyers ask

Answers built from the live listing set — they change as the market does.

How many under $500K condo apartments are for sale in Toronto right now?
There are 1,602 active under $500K condo apartments listings in Toronto on DistrictIQ, sourced from a live MLS® feed and refreshed roughly every 15 minutes.
What is the median asking price of a under $500K condo apartment in Toronto?
The median asking price across active Toronto under $500K condo apartments is $449K; the average is $436K. This is asking price, not sold — you can estimate monthly payments with DistrictIQ's mortgage calculator.
What is the price range for under $500K condo apartments in Toronto?
Active Toronto under $500K condo apartments run from $65K to $500K. Use the filters on DistrictIQ's map to narrow further.
How long do under $500K condo apartments stay on the market in Toronto?
The median active under $500K condo apartment in Toronto has been listed for 37 days. That number moves with the market — it's a live snapshot, not a historical figure.
Which Toronto communities have the most under $500K condo apartments?
Waterfront Communities C1, Church-Yonge Corridor, and Islington-City Centre West currently have the most under $500K condo apartment listings in Toronto.
How do I search for under $500K condo apartments in Toronto?
Use DistrictIQ's Toronto map with the under $500k filter preselected, or save the search to get an email when a new match is listed — all sourced from a live MLS® feed.

Related searches

More ways to explore this slice.

Other home types

    Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.