40 Homewood Avenue, Toronto C08, ON

$579,000
MLS#:C8474188
2 beds
1 baths
800-899 sqft
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $579,000 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 800-899 sqft
  • 0.0 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

Description

Welcome Home to this Charming over sized 2 bedroom right in the historic community of Cabbagetown.This rare, sunfilled, open concept unit maximizes space with a practical layout & ample storage. Brand new kitchen with a New fridge, new range hood, new stove and oven. Walk out to a massive balcony w/ unobstructed west views of downtown Toronto to enjoy your sunrise. Being in the heart of downtown Toronto takes you just moments away from the vibrant Eaton Centre,Dundas Square, Allen Gardens, Trendy Restaurants, Metropolitan University, University of Toronto,dog parks, & all neighbourhood amenities. Accessibility is right by your doorstep w/ 2 mins to Carlton Street car, 4 mins to Wellesley, & Quick Drive to DVP & Gardiner. Your home includes a friendly 24hr concierge, 50m year-round indoor pool, sauna, full gym, patio with BBQ, library, partyroom, & beautiful tree-lined garden. This unit offers an unique opportunity for both first timehomeowners & investors alike with condo fees including Heat, Hydro, and Water. Your Search Ends Here!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 12, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,218.6

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

Library, Park, School, Public Transit, Ravine, Place Of Worship

Interior Features

Carpet Free

Security Features

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 301, 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$463,200
Monthly Mortgage$2,691
Property Tax (Est.)$185
Utilities & Maint.$350
Total Monthly Cost$3,226

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.

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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.