21 hours on Market

40 Homewood Ave #3112, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~500-599 sqft
$385,000
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Condo
1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market21 hours

Estimated valueNot available

Price/Sqft$706/sqft

Monthly cost

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Description

Welcome To 40 Homewood Ave #3112! This 1 bedroom, 1 bathroom unit is the one you've been waiting for, offering value, location, and a fantastic building with all inclusive maintenance fees! Boasting a spacious and well laid out 522 square feet with clear east facing views in the heart of downtown within the vibrant Wellesley and Church neighbourhood! Enjoy the easy entertaining and ample natural light in your open concept living, dining & kitchen. The kitchen features ample counter space and great storage. Enjoy the morning sunrise or evening relaxation on the spacious balcony with clear views that stretch down to the lake. The truly oversized bedroom is spacious and bright with floor to ceiling windows, a oversized ceiling height closet, and parquet wood floors. The updated 3pc bathroom includes ample storage and step in shower with glass and tile surround. Easy living lifestyle with all inclusive maintenance fees for your utilities, basic cable and internet, plus an exclusive use locker for that essential extra storage. Well renowned building is a welcome community with great amenities including indoor pool, gym, saunas, hobby room, party room, visitor parking, concierge, laundry, and resident events. Unbeatable location steps to Wellesley subway, Church & Wellesley Village, parks, groceries, cafés, restaurants, TMU, and the downtown core. Ideal for first-time buyers, investors, or downsizers looking for value, convenience, and community in the heart of the city.


Property Details

Style1 Storey/Apt
ViewWater, City, Park/Greenbelt
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC13155010
Community NameCabbagetown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Radiant

Flat Floor

Bathroom

0.0 x 0.0

3 Pc Bath / Renovated / Tile Floor

Foyer

2.3 x 2.12

Double Closet / Tile Floor

Living

4.47 x 3.72

Large Window / W/O To Balcony / Wood Floor

Dining

4.47 x 3.72

Combined W/Living / Open Concept / Wood Floor


Features

Patio: Open
Balcony: Open

30Story
Amenities

Concierge, Indoor Pool, Party/Meeting Room, Sauna, Visitor Parking, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 21, 2026
ListedActive
$385,000
21 hours on market
history photo preview23
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY LTD., 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

31 days

Compared to

2025

29 days

2024

10 days

2023

30 days

New Listings

Past 30 days

18 listings

Compared to

2025

18 listings

2024

23 listings

2023

13 listings

Units sold

Past 30 days

5 units

Compared to

2025

2 units

2024

8 units

2023

5 units

Median Sold Price

Past 30 days

$540,000

Compared to

2025

$582,500

2024

$742,950

2023

$600,000


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

Transportation Scores

Estimated Budget