Unknown for 40 Homewood Ave #2217, Toronto Ontario M4Y 2K2

40 Homewood Ave #2217, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
2
1
~600-699 sqft
$550,000
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Condo
2
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$851/sqft

Est. Mortgage$2,362/mo

Maintenance fees$724/mo

Tax Amount (2024)$2,146/yr


Description

Built in an era where condos were built like homes, 40 Homewood Ave is a standout address in a sea of shoebox condos and nameless neighbours. With its depth of community and that Classic Toronto charm, the affordable pricing just gives you the perfect reason to consider this as your new home. A rarely available 2-bedroom opportunity at this iconic address, this bright,updated suite offers a clear west-facing view from an oversized private balcony perfect for sunset unwinding or entertaining.Inside, you'll find thoughtful upgrades throughout, including floor to ceiling windows with sliding doors, a stylish kitchen with modern finishes (granite counters) and a built-in Murphy bed in the second bedroom. Laminate runs throughout, and the open-concept living and dining area is bathed in natural light thanks to wall-to-wall windows. 40 Homewood is not just any condo its one of Toronto's first purpose-built condominium residences, with a reputation for exceptional community spirit and long-term resident satisfaction with stellar online reviews to boast (Google "40 Homewood Reviews")! It has stood the test of time through thoughtful management and major renovations to common areas including the lobby, hallways, elevators, andmore. Monthly maintenance fees include ALL utilities, cable TV, and high-speed Internet. Enjoy top-tier amenities: a full fitness centre, 50m indoor pool, sauna, community library, party room, BBQ terrace, bike storage, 24/7 concierge and ample visitor parking. This is an inclusive, pet-friendly building with a strong sense of community in a vibrant and central location (see resident webpage in the list of links). Steps to TTC, TMU, Allan Gardens, The Village, and Cabbage towns charming shops and restaurants, this home blends heritage charm with urban convenience. Whether you're a first-time buyer, downsizer, or investor, this is a chance to join one of downtowns most well-established and welcoming buildings. Vacant and easy to see.See it today!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12159215
Community NameCabbagetown
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Radiant
Cooling: Wall Unit

Living

4.2 x 4.39

Dining

4.2 x 4.39

Kitchen

3.0 x 1.85

Primary

3.39 x 3.46


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


21Story
Amenities

Community BBQ, Concierge, Gym, Indoor Pool, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$550,000
< 1h on market
history photo preview35
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Strong 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

29 days

Compared to

2024

10 days

2023

30 days

2022

11 days

New Listings

Past 30 days

17 listings

Compared to

2024

23 listings

2023

13 listings

2022

10 listings

Units sold

Past 30 days

2 units

Compared to

2024

8 units

2023

5 units

2022

5 units

Median Sold Price

Past 30 days

$582,500

Compared to

2024

$742,950

2023

$600,000

2022

$750,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget