Condos for Sale in Etobicoke
Under $500K

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Etobicoke this band: $475K · 57 active · avg 13 days on market.

Get the live list

57 active · median $475K

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Condos in Etobicoke Under $500K

57 active · median $475K

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Median List Price

$475K

Active Listings

57

Avg Days on Market

13 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$466K

Jan

$466K

Feb

$483K

Mar

$457K

Apr

$472K

May

$483K

What is the average condo price in Etobicoke in 2026?

The benchmark price for a condo in Etobicoke in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 57 active listings, moving in an average of 13 days on market. Prices are down 9.1% year-over-year.

Is Etobicoke a buyer's or seller's market right now?

Etobicoke is currently a balanced market for condos in this band. Inventory is turning over in 13 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.

Families helped in Etobicoke

97+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Bidding war with three other offers. Their pre-approval letter made our offer credible enough to win.
Wei H., First-time buyer, Etobicoke

What $475K gets you in Etobicoke.

Condos in Etobicoke priced under $500k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $475K — down 9.1% year-over-year. Active inventory is moving in roughly 13 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Mimico, Etobicoke

$475K

2 bed2 bath860 sqft
Humber Bay, Etobicoke

$461K

1 bed2 bath950 sqft
Islington Village, Etobicoke

$518K

1 bed2 bath940 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in Etobicoke.

Etobicoke Condo FAQ

What is the median price for condos in Etobicoke under $500k?

As of 2026-05-01, the median list price for condos in Etobicoke priced under $500k sits at approximately $475K based on active MLS inventory.

How many condos are currently for sale in Etobicoke in this price range?

There are roughly 57 active condos for sale in Etobicoke priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Etobicoke?

Condos in Etobicoke priced under $500k are averaging 13 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.

Are Etobicoke condo prices going up or down?

Year-over-year median condo prices in Etobicoke (this band) are down 9.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Etobicoke?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 57 active, median $475K.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Etobicoke advisor within 1 business hour.

Condos in Etobicoke Under $500K

Median $475K · 57 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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