New Pre‑Construction Condo Projects Under $600k in Toronto
Toronto’s pre‑construction condo market can seem daunting, but affordably priced homes do exist. This guide highlights 12 new condo communities with suites priced below CAD $600,000. Each development combines prime locations, thoughtful neighbourhoods and curated amenities, giving you a sense of what “new condos Toronto under 600k” have to offer.
1. Freed Hotel & Residences
Toronto, Ontario
Located at 240 Adelaide Street West in the Entertainment District, Freed Hotel & Residences is a 53‑storey mixed‑use tower being crafted by Freed Developments. It blends residential suites, retail and offices to deliver a luxury lifestyle in a sought‑after downtown neighbourhood. The site is surrounded by the Fashion District, Financial District, Queen West, Chinatown and Kensington Market, so cultural venues, restaurants and transit lines such as Osgoode and St Andrew subway stations are within a short walk. Residents will enjoy state‑of‑the‑art amenities, including outdoor shared spaces, retail and office areas that encourage interaction and community. Exceptional connectivity—100/100 walk score, access to streetcars, subway lines and nearby Billy Bishop Airport—makes the project ideal for professionals and families seeking urban convenience.
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2. 101 Spadina Condos
101 Spadina Condos
Toronto, Ontario
101 Spadina Condos rises at the corner of Spadina Avenue and Adelaide Street in the Fashion District. The 39‑storey high‑rise by Devron Developments offers studios up to three‑bedroom suites and promises an unmatched downtown living experience. The area boasts perfect transit, walk and bike scores; residents can hop on 24‑hour streetcar routes or access St Andrew subway station and Union Station for connections across the city. Neighbourhood highlights include proximity to St. Lawrence Market, Rogers Centre, Scotiabank Arena, art galleries, theatres and university campuses. This blend of culture and convenience makes 101 Spadina a solid option for buyers seeking an affordable downtown condo with quick access to Toronto’s amenities.
3. Motto Condos
Motto Condos
Toronto, Ontario
Situated at 990 Bloor Street West between Ossington and Dufferin stations, Motto Condos by Sierra Communities offers a boutique 12‑storey building with just 97 suites, from junior one‑bedrooms to three‑bedrooms. The Bloor–Dovercourt neighbourhood provides high walk and bike scores, a vibrant mix of shops and cafés and easy access to Ossington and Dufferin TTC stations. Residents will enjoy smart amenities such as a bike parking and repair area, fitness centre, collaboration and brainstorming rooms, reading room, pet services, kids’ outdoor play area and large rooftop terrace. Nearby parks (Christie Pits, High Park), GO Transit and the University of Toronto make Motto an appealing choice for commuters and families.
4. Lily at Crosstown
Lily at Crosstown Condos
Toronto, Ontario
Lily at Crosstown, part of Aspen Ridge Homes’ Crosstown community near Don Mills Road and Eglinton Avenue, offers modern pre‑construction suites starting around $577,990. The development boasts a reputable builder, modern designs and amenities such as fitness facilities, communal lounges and outdoor spaces. Its North York location provides easy access to shopping, dining, schools and the LRT and TTC bus network, making it suitable for buyers seeking contemporary condos near transit.
5. Yorkwoods Condos
Yorkwoods Condos
Toronto, Ontario
Yorkwoods Condos rises at 2839 Jane Street near Driftwood Avenue and features 12 storeys with 190 units. The building sits in the Glenfield‑Jane Heights neighbourhood, which offers walk, transit and bike scores in the 70s. Residents can easily reach supermarkets, public transit, Highways 401 & 400, York University and green spaces like Downsview Park. Amenities include an elegant lounge, party room, fitness facility, outdoor terraces, green roofs and a children’s play area. Proximity to Finch West Station and nearby malls ensures daily necessities and commuting needs are met, making Yorkwoods an attainable option for first‑time buyers seeking new condos under 600k.
6. Daniels on Parliament
Daniels on Parliament
Toronto, Ontario
Daniels on Parliament sits at the intersection of Parliament and Gerrard Streets in Downtown East within the vibrant Regent Park neighborhood. This mixed‑use tower features studios, one‑, two‑ and three‑bedroom suites plus townhomes. Residents can enjoy amenities such as a fitness centre, outdoor terrace, Wi‑Fi lounge, co‑working and maker spaces, and the PA/GE One Club with party rooms, kids’ club and screening lounge. The location places homeowners steps from cafés, restaurants, shops and schools while providing easy TTC access to parks and downtown attractions. Daniels on Parliament is ideal for buyers who value community‑focused design with modern amenities.
7. Junction Point
Junction Point
Toronto, Ontario
At 2625 Dundas Street West, Junction Point by Gairloch Developments is an eight‑storey boutique condominium offering 111 units ranging from 477 to 1,423 sq ft. The development lies in Toronto’s vibrant Junction neighbourhood, known for its eclectic shops, cafés and historic charm and is also close to the bustling West Bend area. Suites include one‑ to three‑bedroom layouts, and the building features contemporary design by architectsAlliance and interiors by Commute Design Studio. Its location affords quick access to GO Transit, TTC streetcars and numerous parks, making it attractive for those seeking a boutique condo in a walkable community.
8. Galleria 01
Galleria 01
Toronto, Ontario
Galleria 01, the first tower in the Galleria on the Park development by Almadev, offers a selection of studio, one‑, two‑ and three‑bedroom suites with modern finishes. It shares many of the amenities detailed for Galleria 02, including games room, welcoming lobby, outdoor pool, fitness centre, kids’ play room, outdoor terraces and co‑working/social lounge. Because Galleria 01 forms part of a master‑planned community at Dupont and Dufferin, residents benefit from the same transit access and future park and community centre enhancements described above. Buyers looking for new condos Toronto under 600k will appreciate the combination of modern design, neighbourhood conveniences and robust amenities offered by this inaugural tower.
9. Galleria 02
Galleria 02
Toronto, Ontario
Galleria 02 is the part of the Galleria on the Park master‑planned redevelopment at Dupont Street and Dufferin Street. This tower offers studios to three‑bedroom suites with sleek finishes. Residents have access to extensive amenities: a games room with billiards and foosball, a welcoming lobby, an outdoor swimming pool, a fitness zone, a kids’ play room, outdoor terraces with barbecues and a social lounge/co‑working space. The master‑planned community’s location near two subway stations, GO Transit and the UP Express provides outstanding transit connectivity. The redevelopment also includes a large park, community centre, retail promenade and innovative “smart home” technologies, giving Galleria 02 a true live‑work‑play environment.
10. Galleria 3
Galleria 3 Condos
Toronto, Ontario
Galleria 3 continues the story at the master‑planned community with a 31‑storey tower containing 427 units. Located at 1185 Dupont Street in the Wallace Emerson neighbourhood, it emphasises 21,000 sq ft of amenities geared toward residents’ well‑being. Like its sister towers, Galleria 3 benefits from proximity to multiple transit options, including subway, streetcar, GO Transit and the UP Express. The surrounding neighbourhood allows residents to explore shops and cafés in Bloor West Village, The Junction, Corso Italia and Little Portugal. A new 95,000 sq ft community centre and an enlarged park with sports fields and skating trails are planned, making Galleria 3 a compelling choice for buyers seeking wellness‑oriented living.
11. Reina Condos
Reina Condos
Toronto, Ontario
Reina Condos, situated at 689 The Queensway in Queensway Village, is Canada’s first all‑female‑led condo project. The nine‑storey development has 197 units and features contemporary minimalist architecture with feminine curves and manicured landscaping. Reina’s 5,000 sq ft amenity program (25 % higher than the city’s requirement) is designed as an extension of home. Amenities include a gym, yoga studio, community room, kids’ play room, soundproofed music/meditation room, hobby room, games room, library, snack shack, property‑manager office with community programming, parcel room, sharing library, pet wash, stroller parking and electric car charging. The Queensway location is undergoing a transformation with new residential developments, improved streetscape and an influx of cafés, galleries and retailers. Residents have access to top‑ranked schools, big‑box stores like Costco and Sherway Gardens, parks and trails such as the Humber River and Waterfront trails. Transportation options include a nearby TTC stop, Gardiner Expressway, Highway 427 and GO train at Mimico station, with quick access to Pearson and Billy Bishop airports. Reina combines thoughtful design and community‑oriented amenities, making it an attractive family‑friendly condo under 600k.
12. Maxium Condos
Maxium Condos
Toronto, Ontario
Maxium, a mid‑rise condo by Equiton Developments, occupies 875 The Queensway in the Stonegate‑Queensway area of Etobicoke. The development emphasises “maximum connection” by building within a neighbourhood people already cherish. The location offers quick access to parks, cafés, waterfront trails and major transportation routes; it is minutes from the Gardiner Expressway, Highway 427, Sherway Gardens, waterfront parks, GO stations and Pearson Airport. The area also provides numerous schools, big‑box stores (Costco, IKEA) and boutique shops, while local restaurants and cafés along The Queensway provide diverse dining options. Within the building, residents enjoy smart amenities: a 1VALET system offering facial‑recognition entry, virtual concierge and package notifications; an infrared sauna for relaxation; a games lounge with wet bar and access to an outdoor terrace; a dedicated kids’ room that encourages creativity; a landscaped outdoor terrace with fire pits for al‑fresco gatherings; and a fully equipped fitness studio. These features ensure a balanced lifestyle for families and investors alike.
Your Next Step with Developments.ca
If you’re searching for new condos in Toronto under 600k, the projects above demonstrate that affordable pre‑construction options do exist across the city. Whether you value downtown excitement, family‑friendly neighbourhoods or master‑planned communities, you’ll find a project that matches your lifestyle and budget.
Ready to explore further? Visit Developments.ca for up‑to‑date pricing and floor plans. Their platform lists the latest pre‑construction opportunities and connects you with trusted sales agents. With a little research and a clear understanding of your needs, you can secure a modern condo at an approachable price in one of Toronto’s growing neighbourhoods.
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