20 Adorable Montreal Homes For Sale Under $400,000 (Photos)

- Here are 20 Montreal condos for sale for less than $400,000.
- Most 1-bedroom condos in prime locations are around $400,00 in Montreal.
- Visit MTLBlog for more headlines.
Finding a reasonably priced condo in Montreal is harder than ever. Since the price of real estate keeps rising, if you're looking to buy, it looks like the time is now. Or it may have been yesterday.
Gone are the days of purchasing a cute one-bedroom in a sought after neighbourhood for less than $300,000. Now it seems like that number is a lot closer to $500,000 if you're looking at one of Montreal's main boroughs that are walking distance to a metro station.
While The First-Time Home Buyer Incentive will help Quebec residents purchase their first home, it can still be a lot of down payment money to come up with.
With that in mind, we took a look at some of Montreal's cutest condos for sale right now that are the best value for the money; close to all amenities including transit, were under $400,000, and didn't need any major renovations (minus cosmetic changes).
We also did not include basement suites. While many basement units don't give off that dungeon feel anymore and can be substantially cheaper, they are often more difficult for resale value.
The good news is that Montreal is not short on condo charm. These 20 condos all have are a must-see if you're looking to buy! Or just looking.
4420 Rue Drolet (Plateau)ย
Cost: $349,000
On one of the cutest streets in the Plateau sits this one bedroom open concept condo. The brightly colored Victorian facade is enough to sell us.
4380 Rue Berri (Plateau)ย
Cost: $399,000
Yeah it has 'character,' but don't let that dissuade you. It's minutes from Mont-Royal metro station but located on a quiet part of Berri. Location, location, location.
5363 rue Saint-Denis (Plateau)ย
Cost: $399,000
Minutes from Laurier metro station, this urban loft has all the charm of the Plateau. And there is also a common rooftop terrasse.
3827 Rue De Bullion (Plateau)ย
Cost: $329,000
Completely renovated, this apartment has classic Montreal styling with modern upgrades, like a heated kitchen floor!
3947 Rue St-Denis (Plateau)ย
Cost: $259,000
It's tiny but with its location next to Parc La Fontaine and between two major metro stations (Mont Royal & Sherbrooke), this is a great first-time investment.
3535 Ave. Papineau (Plateau)ย
Cost: $285,000
Small but big in heart. Forget that all the amenities you need are in this apartment, the private terrace offers panormaic views of the city. Enough said.
5325 Ave. du Parc (Mile-End)ย
Cost: $389,000
This gorgeous apartment in trendy Mile-End has a dedicated bedroom on the mezzanine.
2727 Rue du Centre (Sud-Ouest)ย
Cost: $339,000
This one bedroom has two floors and is just steps from the Atwater market. It's sleek, ultra-modern for Montreal, and all green architecture.
340 Rue du Champ-de-Mars (Old Port)ย
Cost: $399,000
It's bright, airy, with access to a private garden. It's the perfect little Old Port one bedroom.
64 Rue St-Paul O.
Cost: $398,000
Right in the heart of the Old Port action is this one-bedroom condo with exposed ceilings. There is a shared terrace and even an indoor parking space you could rent out.
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90 Rue des Soeurs Grises (Old Port)ย
Cost: $399,000
This loft may be steps from busy rue St-Paul, but it's just removed enough to not feel overwhelming. The interior is a nod to Old Montreal's charm but with a touch of modern style.
80 Rue Prince (Old Port)ย
Cost: $398,000
The best of both worlds; the Old Port and Griffintown on either side of you. The bedroom is open to the modern layout but private enough that you won't even notice.
219 Rue Maria (Saint-Henri/Petite Bourgogne)
Cost: $369,000
One of the few two bedrooms on the list, this Atwater market neighbour is perfectly situated and turn-key ready.
3700, Rue Saint-Antoine Ouest (Saint-Henri/Petite Bourgogne)
Cost: $360,000
The condos in the old Imperial Tobacco places are nothing new. I've visited them. Though they're small, the property is immaculate and they have a pool, basketball court and a load of other amenities you won't find anywhere else.
1055 Rue Saint-Andrรฉ (Ville-Marie)
Cost: $359,000
From the granite countertops to the matte black faucets, this condo has been renovated with absolute attention to detail and style.
1287 Rue de la Visitation (Ville-Marie)
Cost: $399,000
This is a huge apartment (nearly 1400 sqft) on two levels right next to Beaudry metro. The rooftop terrasse is a must-see.
1797 Rue Amherst (Ville-Marie)
Cost: $279,000
There's a bit of a 90s vibe going on here. But for the price, cosmetic upgrades are feasible. There is a private front balcony and the one bedroom is a good size for the overall square footage.
2515 Avenue Van Horne (Cรดte-des-Neiges)
Cost: $389,000
Set a little more out of the way than most of the condos on the list, this space makes up for it with three bedrooms and a parking space.
6970 Avenue Victoria (Cรดte-des-Neiges)
Cost: $348,000
Another two-bedroom, this cute condo is great value for the location; steps from the metro, grocery store and restaurants.
1000 Rue Ottawa (Griffintown)ย
Cost: $329,000
The ever-popular Griffintown is adding more condos. This building has everything an urbanite could need; spa, sauna, swimming pools, roof terrace and more.
So many choices, so little time.
*This article has been updated.