10 Terrific Toronto Micro-Condos for Sale Right Now

By Josh Sherman | 4 minute read

One York Quay is just one of the Greater Toronto Area condo buildings that features smaller suite sizes for homebuyers on a budget.

In order for some homebuyers to break into the pricey Greater Toronto Area housing market, sacrifices have to be made.

That might mean seeking properties outside of your desired neighbourhoods, or choosing a smaller home. Micro-condos are one example of the latter, and also an example of how even with sacrifices you don’t need to give up on access to amenities, a desirable address, and nice finishes. Plus, because monthly maintenance fees are based on square footage, the smaller your unit, the lower your recurring costs. Though the definition of a micro-condo varies — some say they’re anything under 600 square feet, while others suggest they’re most commonly between 250 to 350 square feet —  it’s fair to say that they’re considerably smaller than the average multi-family dwelling. To showcase what kind of pint-sized options are out there for homebuyers, Wahi has rounded up 10 impressive micro condos that are on the market today. (For the purposes of this list, we’ve counted anything below 500 square feet as a micro-condo.) Scroll down to see what we’ve found.

1. 77 Harbour Sq., Unit #605, Toronto

Price: $519,000
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

Recently renovated and fully furnished, this sub-500-square-foot suite is the definition of a turnkey property. The building, One York Quay, is located in Toronto’s harbourfront community, putting it steps from world-class attractions like the Scotiabank Arena, Rogers Centre, and the new Love Park. If that wasn’t enough, the building itself boasts a full gym, squash courts, barbecue patio, pool, 24-hour concierge and an on-site restaurant with room service.

2. 5150 Winston Churchill Blvd., Unit #107, Mississauga

Price: $460,000
Size: 413 sq. ft.

Bedrooms: 0

Bathrooms: 1

When you think of a micro-condo, a unit in an urban high-rise probably comes to mind, but 5150 Winston Churchill Blvd. proves there are options for those who prefer ground-oriented options, too. The little studio is found within a townhouse development. It’s well lit and features an upgraded main bathroom. Perhaps most appealing of all: it’s less than half a million dollars. 

3. 3900 Confederation Pkwy., Unit #2910, Mississauga

Price: $539,888
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

This studio unit provides the opportunity to live in an architecturally iconic high-rise, just a stone’s throw from Square One Shopping Centre and Mississauga’s core. Part of the M City Condos development, the 60-storey tower has an unmistakable cantilevered façade that’s sure to appeal to architecture buffs. 

4. 9560 Markham Rd., Unit #605, Markham

Price: $599,900
Size: ~499 sq. ft.

Bedrooms: 1

Bathrooms: 1

Minutes from the Mount Joy GO Station, this little studio is ideal for commuters. And anyone who likes the outdoors. There are several parks within walking distance, and despite the unit’s small footprint, there’s a fair-sized balcony to enjoy.

5. 90 Broadview Ave., Unit #820, Toronto

Price: $599,900
Size: ~499 sq. ft.

Bedrooms: 1

Bathrooms: 1

Loft lovers will appreciate this industrial-inspired penthouse suite in The Ninety, a red-brick mid-rise building in the family-friendly Riverside neighbourhood east of the downtown core. It’s got soaring 11-foot ceilings, warehouse-style windows, and a terrace with southern exposure. 

6. 25 Stafford St., Unit #410, Toronto

Price: $559,900
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

Another one for homebuyers with lofty ambitions but a micro-budget: a soft loft in Toronto’s vibrant King West neighbourhood. Just off Stanley Park in the boutique Parc Lofts, this soft loft has got character. It features an exposed polished-concrete ceiling, hardwood-floors, and stone countertops.

7. 2550 Simcoe St., Unit #2303, Oshawa

Price: $349,888
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

Without a view, a micro-condo risks feeling cramped. Fortunately, this studio condo boasts sweeping views of the community, and they’re unlikely to be blocked since the surrounding area is already largely developed into low-rise housing. 

8. 1787 St. Clair Ave., Unit #206, Toronto

Price: $537,000
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

Here’s a west midtown micro-condo that combines some sleek modern design with charm. The second-storey unit has a stylish kitchen with dark backsplashes and wood trim as well as a nice balcony with exposed brick. 

9. 15 Holmes Ave., Unit #709, Toronto

Price: $579,990
Size: 455 sq. ft.

Bedrooms: 1

Bathrooms: 1

This unit is a blank (micro) canvas. Located near Yonge Street in the recently completed 32-storey Azura Condos in North York,  15 Holmes Ave., Unit #709 has everything a first-time homebuyer or serious downsizer could want — plus more.

10. 115 Blue Jays Way, Unit #2011, Toronto

Price: $469,000
Size: ~499 sq. ft.

Bedrooms: 0

Bathrooms: 1

Another fully furnished offering, this well-appointed unit in the stylish King Blue Condos in downtown Toronto has potential for investors or perhaps a buyer looking for a home away from home.