40 Homewood Avenue, Toronto C08, ON

$449,000
MLS#:C12307010
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 front construction, this residence presents an exceptional opportunity offered at $449,000 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 ["window unit(s)"] central cooling and highly efficient radiant heating via electric

Welcome to this tastefully renovated bright condo at 40 Homewood - a prime location for quality downtown living! You are minutes from TMU (formerly Ryerson University), U of T, The Eaton Centre, Loblaws' Flagship store on Carlton, TTC streetcars and the College Street subway. Enter into an open concept kitchen/dining/living with a walkout to a spacious balcony (6 ft x 15 ft) that embraces the East. Sit and sip your coffee as the sun rises and Lake Ontario sparkles. A view that goes on forever over treed residential neighbourhoods with condo buildings that light up at night. Your upgraded kitchen with an abundance of well-designed cupboards makes meal preparation a breeze. And there's a Breakfast Bar for 2 for the on-the-go meals or the quick coffee chat. The updated bathroom with a walk-in spacious shower with a Rain Forest shower head will get you ready for your day. Sunny bedroom with California shutters to let the light in and shut it right out, as needed. You'll love the extra-large clothes closet with shelves and a large built-in bookcase with cupboards offers even more space for your TV, books, photos, decorations. Still not enough space? There's a large locker included! Very low maintenance fees with great amenities- indoor pool, sauna, gym, guest suites, bike storage, electrical charging station, visitor parking, library, meeting/party room, and all your utilities are included! Parking is available for a monthly rental fee of $100.Considered one of the best-managed buildings in downtown; and the concierge is always super pleasant and helpful. Make this one your Home on Homewood! The bedroom, living/dining room and balcony have been virtually staged.

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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 DateOctober 25, 2025
Sold price information is available to members only
Listed Date7/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick Front
CountyToronto
Annual Tax$1,888.37

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

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

Features

Property Features

Hospital, Library, School

Community Features

Location

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40 Homewood Avenue, Toronto C08, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Homewood Avenue 1412, 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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$359,200
Monthly Mortgage$2,087
Property Tax (Est.)$157
Utilities & Maint.$350
Total Monthly Cost$2,594

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C08.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cabbagetown South St James Town, Toronto C08.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.