Unknown for 40 Homewood Ave #1103, Toronto Ontario M4Y 2K2
28 days on Market

40 Homewood Ave #1103, Toronto, Ontario M4Y 2K2

Condo
1
1
~500-599 sqft
$•••,•••
$450,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$826/sqft

Est. Mortgage$1,933/mo

Maintenance fees$594/mo

Tax Amount (2025)$1,888/yr

Days On Market28 days


Description

A RARE find is this spacious 1 bedroom condo in downtown Toronto at this price available for immediate possession. Located close to every convenience, 24 hr. grocery, restaurants, TTC, parks, arts & entertainment, schools/university and short walk to Financial District, Yorkville, Church-Wellesley, Mattamy Centre, Eaton Centre and more. This bright spacious condo has a fully renovated kitchen, updated bathroom, the walls have been sanded and painted throughout so just ready to move in. The open concept living, dining, entertaining space, parquet flooring throughout, large west facing wall to wall windows, oversized private balcony with newer sliding patio doors and a newer bedroom window are a few of the other great features. The building has undergone a major, hotel-like, refurbishment of the common areas including new carpeting/painting in the hallways, unit doors, elevator fasade etc. The building amenities have previously been updated and a must see; gym, indoor pool, change rooms/sauna, party/billiards room, library, meeting room/workspace, laundry room, patio. Visitor parking and 0vernight visitor parking upon availability. Unit pictures have been virtually staged. See unit floor plan.


Property Details

StyleApartment
ViewCity
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12068333
Community NameCabbagetown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Radiant
Cooling: Wall Unit

Main Floor

Other

4.09 x 2.15

Balcony / West View / Sliding Doors

Living

4.09 x 4.21

Parquet Floor / Combined W/Dining / W/O To Balcony

Dining

4.09 x 4.21

Parquet Floor / Open Concept / Combined W/Living

Kitchen

3.18 x 2.57

Open Concept / Breakfast Bar / Tile Floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


11Story
Amenities

Bike Storage, Concierge, Exercise Room, Recreation Room, Visitor Parking, Community BBQ

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 8, 2025
ListedActive
$450,000
28 days on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage

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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

10 days

2023

30 days

2022

11 days

New Listings

Past 30 days

17 listings

Compared to

2024

23 listings

2023

13 listings

2022

10 listings

Units sold

Past 30 days

2 units

Compared to

2024

8 units

2023

5 units

2022

5 units

Median Sold Price

Past 30 days

$582,500

Compared to

2024

$742,950

2023

$600,000

2022

$750,000


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

20 to 34
30%
35 to 49
22%
50 to 64
21%
0 to 19
14%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget