38 mins on Market

40 Homewood Ave #1606, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~500-599 sqft
$419,900
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Condo
1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market38 mins

Estimated valueNot available

Price/Sqft$770/sqft

Monthly cost

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Description

Bright, spacious, and thoughtfully updated, this open-concept one-bedroom condo offers exceptional value in one of downtown Toronto's most established and well-managed buildings. The renovated kitchen features stainless steel appliances and flows seamlessly into the combined living and dining area, complete with hardwood floors and a walk-out to a large private balcony with unobstructed east and south city views. The unit has been upgraded with ductless air conditioning systems in both the living room and bedroom, providing efficient, customizable comfort year-round. A stylishly updated washroom and generous closet space complete this move-in-ready suite. Residents enjoy an impressive array of amenities, including an indoor swimming pool, full fitness centre, concierge and 24-hour security, recently renovated lobby and hallways, and well maintained common areas. Maintenance fees include all utilities - heat, hydro, water, cable TV, and internet, making budgeting simple and predictable. Parking is available through building management for approximately $100/month. Ideally located just steps to TTC transit, Toronto Metropolitan University, Church-Wellesley Village, parks, restaurants, shopping, and minutes to the downtown core, DVP, and Gardiner Expressway. An outstanding opportunity for end users, professionals, or investors seeking comfort, convenience, and long-term value in a prime urban location.


Property Details

StyleApartment
ViewCity, Clear
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12687534
Community NameCabbagetown
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Other
Cooling: Wall Unit

Flat Floor

Living

4.42 x 3.66

hardwood floor / Open Concept / W/O To Balcony

Primary

4.45 x 3.14

hardwood floor / Large Closet / Large Window

Dining

4.42 x 3.66

Combined W/Living / hardwood floor / Large Window

Kitchen

3.02 x 2.65

Breakfast Bar / Ceramic Floor / Custom Backsplash


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


15Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 12, 2026
ListedActive
$419,900
< 1h on market
history photo preview21
Listing by trreb®
Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage
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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2025

26 days

2024

28 days

2023

25 days

New Listings

Past 30 days

11 listings

Compared to

2025

4 listings

2024

10 listings

2023

4 listings

Units sold

Past 30 days

5 units

Compared to

2025

5 units

2024

13 units

2023

2 units

Median Sold Price

Past 30 days

$555,000

Compared to

2025

$725,000

2024

$675,000

2023

$949,950


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

0 to 19
14%
20 to 34
30%
35 to 49
22%
50 to 64
21%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget