trreb/IMG-C13877702_e29b6cef-5dfe-49a5-817b-fa9bbb899e33-l.jpg
1 day on Market

40 Homewood Ave #414, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~600-699 sqft
$469,000
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$726/sqft

Monthly cost

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Description

Some condos just feel good the moment you walk in. Suite 414 is one of them. One of the building's largest one-bedroom layouts, this beautifully bright and thoughtfully updated suite offers exceptional value, with mature trees just beyond the windows creating a sense of calm that feels remarkably removed from the city below. Facing east, the windows look directly into a canopy of mature trees, giving the entire space a private, almost treehouse-like feel that's especially lovely in the morning light. The renovated kitchen is beautifully considered and designed to work effortlessly with the living and dining spaces, while hardwood floors run throughout. Step outside from the dining room onto your private balcony - morning coffee highly encouraged. The spacious bedroom features a generous double closet, while a second double closet in the entry and an exclusive-use locker provide plenty of additional storage. Exceptionally well managed, the building has a true sense of community alongside amenities that feel decidedly more hotel than condo: a heated indoor pool, 24-hr concierge, sauna, updated party room, gym and outdoor BBQ area - to name a few. Maintenance fees are all-inclusive, even cable and high-speed internet, and parking is available to rent. For a first-time buyer, it's a smart way into the market without compromising on space. For a downsizer, there's room to live comfortably and a genuine sense of community. And as a pied-à-terre? You'd be hard-pressed to find a more convenient home base. Minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm, right in the middle of everything.


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC13877702
Community NameCabbagetown
Data SourceTRREB
Listing byCHESTNUT PARK REAL ESTATE LIMITED

Features

Heating: Radiant
Cooling: Wall Unit

Flat Floor

Kitchen

3.3 x 2.21

Renovated / Stainless Steel Appl / Tile Floor

Br

4.27 x 3.15

Double Closet / hardwood floor / East View


Features

Patio: Encl
Balcony: Encl

04Story
Amenities

Bike Storage, Concierge, Gym, Indoor Pool, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 8, 2026
ListedActive
$469,000
1 day on market
history photo preview30
Listing by trreb®
Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage
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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

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

64 days

Compared to

2025

45 days

2024

53 days

2023

34 days

New Listings

Past 30 days

20 listings

Compared to

2025

20 listings

2024

23 listings

2023

21 listings

Units sold

Past 30 days

6 units

Compared to

2025

4 units

2024

5 units

2023

3 units

Median Sold Price

Past 30 days

$502,500

Compared to

2025

$567,500

2024

$615,000

2023

$690,000


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