40 Homewood Avenue, Toronto C08, ON

$500,000
MLS#:C12602424
2 beds
1 baths
700-799 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 $500,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 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: None
  • equipped with ["other"] central cooling and highly efficient radiant heating via electric

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 is approximately 740 sq. ft.; and 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 7 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 like setting, indoor year-round pool, full gym with cardio, multiple boardrooms, expansive party room and an out door BBQ area. Plenty of visitor parking and storage locker. Easy budgeting with all the utilities included in the maintenance fees, including cable. Experience unmatched value, space, and lifestyle. Book your viewing and be sure to include a tour of the exceptional amenities today! This unit has been a rental property, shows reasonable wear and tear. Closet door rollers will be adjusted.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 19, 2026
Sold price information is available to members only
Listed Date12/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick Front
CountyToronto
Annual Tax$2,277.35

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
Cooling["Other"]

Features

Property Features

Arts Centre, Clear View, Hospital, Park, Public Transit, Rec./Commun.Centre

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 1404, 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$400,000
Monthly Mortgage$2,324
Property Tax (Est.)$190
Utilities & Maint.$350
Total Monthly Cost$2,864

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.