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 construction, this residence presents an exceptional opportunity offered at $299,900 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: Carpet Free
- Efficient radiant heating via electric
Description
Great price, Great unit, Great view! Wow! Your chance to own a Toronto condo in a recently renovated, well-managed building with concierge for $299,900 and no its not a typo! Unit 1711 is ready for you to move in and has great west-facing city views from the large balcony and is high enough to be well above the closest buildings with a lovely view looking down over the trees. Nice clean kitchen with dishwasher and built-in shelving, full 4 piece bathroom and lots of closet space plus it comes with a locker for more storage! The building has lots offer too: guest suites, gym, pool, party room, lots of visitor parking and all utilities are included in the low condo fee. So save some money and make this place yours!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 40 Homewood Avenue 1711, Toronto C08, ON M4Y 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 $299,900 in Toronto, the legal minimum down payment is $14,995 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 $2,974 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,974 also applies, bringing the total estimated land transfer taxes to $5,947.
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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.
