7 days on Market

40 Homewood Ave #1608, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~0-499 sqft
$440,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$441/sqft

Est. Mortgage$1,890/mo

Maintenance fees$494/mo

Tax Amount (2024)$1,752/yr

Days On Market7 days


Description

Downtown living on a quiet street with a million-dollar view. Welcome to your spacious Jr. 1-Bedroom with an open concept design, views of the sunrise and plenty of natural light! . This gorgeous updated condo is completely renovated with new flooring, kitchen, and bathroom (2017). Start your day on your large private balcony with an unobstructed east view. Maintenance fees cover everything including internet and cable! Close to the heart of downtown: minutes to 2 subway stations, TMU, Eaton Centre, Dundas Square. Very well-maintained building, recently renovated lobby, elevators, amenities and hallways. 50m indoor pool, year-round sauna, full gym, patio with BBQ's. Other amenities incl. large party room, library, and beautiful tree-lined garden. Must-see!!


Property Details

StyleApartment
View-
Age of property31-50
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11893519
Community NameCabbagetown
Data SourceTRREB
Listing byKELLER WILLIAMS ADVANTAGE REALTY

Features

Heating: Radiant
Cooling: Wall Unit
Fireplace

Ground Floor

Bathroom

1.47 x 2.18

Living

3.18 x 3.63

Kitchen

2.11 x 3.33


Features

Patio: Open
Balcony: Open

16Story
Amenities

Bike Storage, Concierge, Exercise Room, Guest Suites, Indoor Pool, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by KELLER WILLIAMS ADVANTAGE REALTY, Brokerage

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Market Data - Cabbagetown

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2023

25 days

2022

41 days

2021

17 days

New Listings

Past 30 days

35 listings

Compared to

2023

29 listings

2022

11 listings

2021

7 listings

Units sold

Past 30 days

9 units

Compared to

2023

15 units

2022

3 units

2021

14 units

Median Sold Price

Past 30 days

$595,000

Compared to

2023

$695,000

2022

$460,000

2021

$686,750


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

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

Schools and amenities

Estimated Budget