19 days on Market

40 Homewood Ave #2503, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~500-599 sqft
$468,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$859/sqft

Est. Mortgage$2,010/mo

Maintenance fees$594/mo

Tax Amount (2024)$1,888/yr

Days On Market19 days


Description

Welcome to this beautifully renovated, 1-bedroom suite with a spacious layout and stunning, unobstructed west views! From the moment you walk in, you'll love the bright, airy atmosphere and the fantastic updates throughout, including a sleek, renovated kitchen and a fresh bathroom. Enjoy your own private balcony with a walk-out that lets you take in the incredible views, plus a large bedroom thats not just cozy- its king-sized bed approved! Floor-to-ceiling window and a double closet complete this dreamy space. **EXTRAS** Well managed building with amazing amenities like an indoor pool, concierge, gym & plenty of visitor parking. You'll be close to everything you need, TTC, Allen Gardens, the subway, Eaton Centre, Metropolitan University (formerly Ryerson).


Property Details

StyleApartment
View-
Age of property31-50
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11952760
Community NameCabbagetown
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Radiant
Cooling: Window Unit

Main Floor

Dining

4.46 x 4.32

Combined W/Living / Parquet Floor

Prim Bdrm

3.69 x 4.12

Parquet Floor / Backsplash / Renovated

Kitchen

1.98 x 2.43

Tile Floor / Window

Living

4.46 x 4.32

Combined W/Dining / Parquet Floor / Balcony


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


24Story
Elevator
Amenities

Bike Storage, Concierge, Gym, Indoor Pool, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 3, 2025
ListedActive
$468,000
19 days on market
history photo preview38
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

56 days

Compared to

2024

37 days

2023

20 days

2022

23 days

New Listings

Past 30 days

34 listings

Compared to

2024

22 listings

2023

10 listings

2022

1 listing

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

7 units

2022

15 units

Median Sold Price

Past 30 days

$642,500

Compared to

2024

$564,975

2023

$612,500

2022

$670,000


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%

Schools and amenities

Estimated Budget