Unknown for 40 Homewood Ave #2417, Toronto Ontario M4Y 2K2
1 hour on Market

40 Homewood Ave #2417, Toronto, Ontario M4Y 2K2

Condo
2
1
~700-799 sqft
$490,000
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Condo
2
1
~700-799 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$657/sqft

Monthly cost

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+5

Properties sold*

$665K

Median sold price*

*Based on last 30 days

Description

Welcome to suite 2417 at 40 Homewood Avenue, a rare opportunity to own a spacious two bedroom condo in one of Toronto's most iconic and well-established residences. Built in an era when quality and community came first, this building continues to stand out for its solid construction, timeless design and unbeatable value. This bright, west-facing suite boasts wall-to-wall windows and a private oversized balcony with clear views - perfect for sunset cocktails, morning coffee or entertaining. Inside, you'll find a thoughtful layout with two generous bedrooms (including a second bedroom with a built-in Murphy bed), a modernized kitchen with granite counters, and updated finishes throughout. The open concept living and dining area is flooded with natural light, making it feel warm and inviting year-round. At 40 Homewood, you don't just buy a condo - you join a vibrant community. This pet-friendly building has been thoughtfully renovated, with a refreshed lobby, updated hallways and modernized amenities. Monthly fees are truly all-inclusive - covering heat, hydro, cable TV and high speed internet - giving you peace of mind and real value in today's market. Amenities rival downtown's finest: 20m indoor pool, gym, yoga studio, hobby & craft rooms, party room with professional gourmet kitchen, BBQ terrace, reading rooms, community library, sauna and bike storage. Nestled among landscaped greenspace with benches and walking paths, it's a rare urban retreat in the heart of the city. Steps to TTC, TMU, Allan Gardens, The Village, Cabbagetown shops & dining, St. Lawrence Market, and the financial district, this location connects you to everything Toronto has to offer. Whether you're a first-time buyer, savvy investor, or downsizer looking for comfort and convenience, this is a chance to call one of downtown's most welcoming communities home.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12351428
Community NameCabbagetown
Data SourceTRREB
Listing bySKYBOUND REALTY

Features

Heating: Forced Air
Cooling: Window Unit

Flat Floor

Foyer

1.16 x 2.28

Living

4.34 x 4.27

Dining

4.34 x 4.27

Kitchen

3.06 x 1.03


Features

Patio: Open
Balcony: Open

23Story
Amenities

Community BBQ, Exercise Room, Indoor Pool, Visitor Parking, Recreation Room, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Aug 19, 2025
ListedActive
$490,000
1 hour on market
history photo preview19
Listing by trreb®

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

27 days

Compared to

2024

23 days

2023

18 days

2022

28 days

New Listings

Past 30 days

21 listings

Compared to

2024

25 listings

2023

22 listings

2022

12 listings

Units sold

Past 30 days

6 units

Compared to

2024

5 units

2023

7 units

2022

5 units

Median Sold Price

Past 30 days

$604,500

Compared to

2024

$665,000

2023

$659,000

2022

$735,000


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

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