40 Homewood Avenue, Toronto C08, ON

$425,000
MLS#:C12068333
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with ["wall unit(s)"] central cooling and highly efficient radiant heating via electric

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.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 2, 2025
Sold price information is available to members only
Listed Date4/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$1,888

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
Cooling["Wall Unit(s)"]

Features

Property Features

Arts Centre, Clear View, Hospital, Park, Public Transit

Community Features

Location

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40 Homewood Avenue, Toronto C08, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Homewood Avenue 1103, Toronto C08, ON M4Y 2K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$340,000
Monthly Mortgage$1,976
Property Tax (Est.)$157
Utilities & Maint.$350
Total Monthly Cost$2,483

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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Nearby Listings

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No current listings found in Toronto C08.