10 days on Market

40 Homewood Ave #1404, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1 + 1
1
~700-799 sqft
$500,000
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Condo
1 + 1
1
~700-799 sqft

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Highlights

Property Estimate

Days on market10 days

Estimated valueNot available

Price/Sqft$670/sqft

Monthly cost

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Description

Welcome to The Residences of 40 Homewood. Offering a true relaxed lifestyle experience in the heart of downtown Toronto. This spacious 1-bedroom plus large separate den/alcove (approx. 760 sq. ft.) is over 150 sq. ft. larger than the city average for a one bedroom. The versatile den/alcove makes a great home home office with an 8 foot floor to ceiling window showcasing a spectacular sunrise view. The bright, open-concept layout features a previously updated modern kitchen with centre island, updated bathroom and lighting throughout. This highly sought-after building features the following amenities: Park setting, pool, full gym, multiple boardrooms, expansive party room and an out door BBQ area. Includes plenty of visitor parking, storage locker, and all utilities included in the maintenance fees. Experience unmatched value, space, and lifestyle, Book your viewing and be sure to include a tour the exceptional amenities today! This unit has been a rental property and shows reasonable wear and tear. Closet doors will be adjusted and repaired.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12602424
Community NameCabbagetown
Data SourceTRREB
Listing byREAL ESTATE HOMEWARD

Features

Heating: Radiant
Cooling: Other

Flat Floor

Kitchen

4.06 x 2.21

Updated / Centre Island / Open Concept

Dining

2.66 x 2.09

Large Window / W/O To Balcony / Se View

Living

7.05 x 3.49

Double Closet / Window Flr to Ceil / Se View

Den

7.05 x 3.49

Combined W/Living / Window Flr to Ceil / Se View


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


14Story
Elevator
Amenities

Bus Ctr (Wifi Bldg), Gym, Indoor Pool, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Dec 5, 2025
ListedActive
$500,000
10 days on market
history photo preview14
Listing by trreb®
Property listed by REAL ESTATE HOMEWARD, Brokerage
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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

53 days

2023

17 days

2022

31 days

New Listings

Past 30 days

11 listings

Compared to

2024

18 listings

2023

23 listings

2022

11 listings

Units sold

Past 30 days

8 units

Compared to

2024

10 units

2023

5 units

2022

8 units

Median Sold Price

Past 30 days

$592,250

Compared to

2024

$612,500

2023

$695,000

2022

$516,250


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

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

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget