Condos for Sale in Ontario Under $300 000: Top 5 Deals You Can’t Miss
Ontario offers diverse real estate opportunities, and condos are at the forefront of affordability. With a mix of urban conveniences and serene surroundings, these homes attract first-time buyers and seasoned investors. Below, we explore Ontario’s charm, current market trends, and five standout properties under $300,000.
The Ontario Real Estate Market: A Quick Overview
Ontario’s real estate market has always been dynamic. Toronto, the province’s largest city, leads with growth and opportunities. Nearby cities like Mississauga and Etobicoke offer alternatives with excellent amenities. Buyers benefit from stable property values and rising rental demand.
Condos under $300,000 are rare but not impossible to find. Pre-construction projects often offer competitive pricing. Investors and homebuyers are snapping up these opportunities for their affordability and location advantages. Proximity to transit, shopping, and schools makes these deals irresistible.
Below, we’ve highlighted five excellent options. Each condo combines affordability with strategic location and amenities that enhance urban living.
Kingly Condos: A Jewel in Toronto’s King West District
Located at 620 King Street West, Kingly Condos redefines luxury living in Toronto. The property boasts 15 stories with 132 units, starting from just $300,000. With a walk score of 98, it is ideal for professionals and families seeking urban convenience.
Features:
- Proximity to Gardiner Expressway and Lakeshore Boulevard.
- Rental rates in the area range from $1,700 to $2,200.
- Direct access to public transit and ample parking.
Kingly Condos Highlights
- Address: 620 King St W, Toronto, ON M5V 1M5.
- Rooftop terrace and modern amenities.
- Nearby: Shopify, Indigo offices, and King West’s vibrant dining scene.
- Builders: Allied Properties REIT, Hariri Pontarini Architects, and RioCan.
DuEast Condos: Affordability Meets Central Convenience
DuEast Condos sit at 225 Sumach Street, steps away from Regent Park. Suites start from $200,000, making it one of Toronto’s most affordable options. The 29-story building offers 318 units with top-tier amenities.
Features:
- Close to Ryerson University and Dundas Square.
- Access to FreshCo, Shoppers Drug Mart, and Tim Hortons.
- Brand new MLSE Athletic Grounds nearby.
DuEast Condos Highlights
- Address: 225 Sumach St, Toronto, ON M5A 3K3.
- Extended deposit structure.
- Transit score: 98/100; Walk score: 91/100.
- Builder: Daniels Corporation.
Theory Condos: Designed for Urban Scholars
Theory Condos, at 203 College Street, targets students and professionals. Priced from $300,000, this 29-story tower offers 309 units. Located near the University of Toronto, it’s a rental property hotspot.
Features:
- Proximity to Toronto General Hospital and SickKids.
- Steps to retail and dining options.
- Suites range from 385 to 900 square feet.
Theory Condos Highlights
- Address: 203 College St, Toronto, ON M5T 1P9.
- Transit score: 100; Walk score: 97.
- Builder: Parallax Development Corporation.
- Free assignment clause and capped development levies.
M City Condos: A Master-Planned Community in Mississauga
Located at Burnhamthorpe Road and Confederation Parkway, M City Condos Phase 1 has units starting at $300,000. With 1,577 units between two towers, it offers variety and luxury.
Features:
- Nearby Erindale and Cooksville GO stations.
- Smart home technology by Rogers.
- Easy access to highways 403, 401, and 407.
M City Condos Highlights
- Address: Southwest corner of Burnhamthorpe Rd. and Confederation Pkwy, Mississauga.
- Builders: Rogers Real Estate Development Limited and Urban Capital.
- Walk score: 89; Transit score: 85.
- Two-acre public park within the complex.
Notting Hill Condos: Affordable Elegance in Etobicoke
Inspired by London’s Notting Hill, this development offers a European feel. Located at 4000 Eglinton Avenue West, Etobicoke, Notting hill Condos features five towers. Prices start from the high $300s for studios and mid $400s for one-bedroom units.
Features:
- Minutes from Mount Dennis Transit Hub.
- Close to Humber River and lush parks.
- Over 50,000 square feet of combined indoor and outdoor amenities.
Notting Hill Condos Highlights
- Address: 4000 Eglinton Ave W, Etobicoke, ON M9A 4M2.
- Builders: Lanterra Developments.
- Nearby schools and community centers.
- Easy access to highways 401, 427, and QEW.
Conclusion
Finding a condo under $300,000 in Ontario is challenging but achievable. Each property listed here offers excellent value for both investors and buyers. With rising demand, these opportunities are fleeting. If you’re looking to secure a prime property in Ontario, now is the time to act.
Contact us to learn more about these condos and gain access to exclusive deals. Let us help you take the next step toward owning your dream property in Ontario!
