40 Homewood Avenue, Toronto C08, ON

$409,900
MLS#:C9247960
0 beds
1 baths
0-499 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This listing is no longer active (Sold)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 brick and concrete construction, this residence presents an exceptional opportunity offered at $409,900 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.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with window unit(s) central cooling and highly efficient radiant heating via electric

Description

This Bright And Spacious Open-Concept Studio Boasts A Large Balcony With A Sliding Glass Door, Offering Breathtaking Views Of The CN Tower. It Is The Perfect Residence For A Rental Investment Or An Affordable Downtown Pied-A-Terre. The Unit Has Been Newly Painted And Features An Updated Modern Washroom And Heated Floors For Added Comfort. The Recently Renovated Kitchen Includes A Single Piece Quartz Countertop For All Your Cooking Needs. Wi-Fi And Cable Are Provided By Bell Through The Building, Which Are Included In The Monthly Maintenance Fees Along With All Other Utilities. Residents Have Access To Excellent Amenities, Including An Indoor Pool, Gym, Sauna, Party Room, And Ample Visitor Parking. Conveniently Located Near Toronto Metropolitan University, It's Just A Short Walk To The Downtown Core And Is Steps Away From TTC Access, Parks, Grocery Stores, And Various Shops. The Lobby And Hallways Are Under Renovation. New And Improved Areas Are Expected Within The Next 4 Months.

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Key Features

0
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 12, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$1,609.4

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

Clear View, Hospital, Place Of Worship, Public Transit, School

Interior Features

Other

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 2305, 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$327,920
Monthly Mortgage$1,905
Property Tax (Est.)$134
Utilities & Maint.$350
Total Monthly Cost$2,389

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.