4 Days on Market

40 Homewood Ave #2216, Toronto, Ontario M4Y 2K2

In the same building:
-
$498,000
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Condo
2
1
~600-699 sqft

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Highlights

Estimated Value$645,000*

Price/Sqft$771/sqft

Days On Market4 days

Est. Mortgage$2,139/mth

Maintenance fees$704/mth

Tax Amount (2024)$2,382/yr

*Last updated on: 24/07/23

Description

I can see for miles and miles! Welcome to 40 Homewood Ave Condos. Recently updated (2023), bright and spacious 2-bedroom corner suite available on the west side of Cabbagetown! Newer bathroom, newer floor, newer light fixtures and recently painted. Floor to ceiling windows make this home shine. Enjoy your morning coffee on the 86 sf balcony with endless easterly views of Lake Ontario! All utilities paid for by your maintenance fee! Indoor pool, gym, sauna, giant party room, lots of visitor parking. Great, well managed building! Walking distance to parks, cafes, shops, groceries, TTC, St. Lawrence Market, Distillery District, and more! Hallways scheduled to be renovated next year. Why rent when you could own? A wonderful opportunity for first time buyers to get into the market!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC9049406
Community NameCabbagetown
Data SourceTRREB

Features

Heating: Radiant
Cooling: Window Unit

Main Floor

Living

4.40 x 4.50

Laminate / Combined W/Dining / W/O To Balcony

Dining

4.40 x 4.50

Laminate / Combined W/Living / W/O To Balcony

Kitchen

2.85 x 1.70

Tile Floor

Prim Bdrm

3.30 x 3.20

Laminate / Double Closet / Window Flr to Ceil


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


21Story
Amenities

Bike Storage, Concierge, Exercise Room, Gym, Indoor Pool, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
Listed for$498,000
4 days on market
history photo preview30
Aug 12, 2023
Listed for$585,000Terminated
47 days on market
history photo preview30
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Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Comparable Sales

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159 Wellesley St #701, Toronto
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Market DataFor the past 30 days in Cabbagetown

Median Selling Price

$642,000

2.73% less than GTA:

$660,000

Median Bidding

Underbidding - Trending to buyer market

-$10,000

GTA median: -$12,206

Median Number of Sales

22 sales

1598 sales less than GTA:

1620 sales

Median Number of Days on Market

18 days

3 days less than GTA:

21 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget