14 days on Market

40 Homewood Ave #2509, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~0-499 sqft
$425,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$426/sqft

Est. Mortgage$1,825/mo

Maintenance fees$477/mo

Tax Amount (2024)$1,767/yr

Days On Market14 days


Description

Big, bright, and brimming with potential - And I'm not just talking about your lovely personality! This one-bedroom condo in the always-vibrant Church/Wellesley Village is your chance to get into a fantastic building at an even better price. This is your blank canvas, waiting for the right buyer with the right vision (and maybe a Pinterest board or two). The layout? Spacious and functional, with good-sized rooms, tons of storage, and a stunning floor to ceiling Kitchen window. Speaking of, west-facing sliding patio doors let the sunshine pour in, and the oversized balcony is ideal for plants, patios, or (not) pretending you're on vacation. 40 Homewood has a newly renovated gym, sauna, & hallways, with a HUGE backyard, aesthetic landscaping, party rooms, BBQs and more (if you can believe it!) Dream location: 97 Walk Score means you're steps to parks, groceries, the subway, and all the neighbourhood charm you can handle. Parking? Very Easy. Locker? That too. This ones priced to move so if youve got a bit of vision and a good eye for value, look no further.


Property Details

StyleApartment
ViewDowntown, City
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12164498
Community NameCabbagetown
Data SourceTRREB
Listing byREAL ESTATE HOMEWARD

Features

Heating: Baseboard

Main Floor

Living

3.6 x 3.86

Br

3.47 x 2.79

Kitchen

4.52 x 1.96

Bathroom

1.75 x 2.18

4 Pc Bath


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


24Story
Elevator
Amenities

Bike Storage, Community BBQ, Concierge, Elevator, Exercise Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 22, 2025
ListedActive
$425,000
14 days on market
history photo preview20
Listing by trreb®
Property listed by REAL ESTATE HOMEWARD, 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

19 days

Compared to

2024

42 days

2023

17 days

2022

5 days

New Listings

Past 30 days

23 listings

Compared to

2024

19 listings

2023

19 listings

2022

23 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

11 units

2022

8 units

Median Sold Price

Past 30 days

$637,500

Compared to

2024

$613,750

2023

$725,000

2022

$794,000


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