40 Homewood Avenue, Toronto, ON
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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 $439,900 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 0-499 sqft
- Features a apartment 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 window unit(s) central cooling and highly efficient radiant heating via electric
Description
Downtown living on a quiet street with a million-dollar view. It does not get much better. A stone's throw from anything and everything. This gorgeous updated condo is ideal for the first-time buyer or savvy investor. The floor-to-ceiling windows with beautiful sunrise views of the city and lake will take your breath away. Sit out on your oversized balcony to watch the sunrise or enjoy the ample space with friends. Walk out your front door and feel like you're in a small community but be so close to the hustle and bustle of the city. Maintenance fees cover all including cable. A great opportunity to take advantage of a great condo priced to move with amazing views. Walking distance to Ryerson and U of T. Great amenities including, sauna and indoor pool
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 40 Homewood Avenue 2210, Toronto C08, ON M4K 2K2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $439,900 in Toronto, the legal minimum down payment is $21,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,273 also applies, bringing the total estimated land transfer taxes to $10,546.
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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.
