53 mins on Market

40 Homewood Ave #509, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~0-499 sqft
$345,000
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Condo
1
1
~0-499 sqft

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Highlights

Property Estimate

Days on market53 mins

Estimated valueNot available

Price/Sqft$346/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$589K

Median sold price*

*Based on last 30 days

Description

Sold under POWER OF SALE. "sold" as is - where is. Welcome to 40 Homewood! One of Toronto's original condominium residences where history, community, and opportunity meet in the heart of Church/Wellesley Village. This spacious 1-bedroom suite is a rare find for the inspired renovator looking to create a personalized home. The functional layout features oversized principal rooms, ample storage, a floor-to-ceiling kitchen window, and a west-facing balcony. All utilities are included in the maintenance fees along with high-speed internet, cable TV, hydro, and building security. Residents enjoy access to a newly updated gym, indoor pool, and expansive outdoor terrace with BBQs perfect for relaxing or entertaining. Set in a well-managed building with a strong sense of community, just steps to transit, parks, cafés, and the vibrant energy of Toronto's most inclusive and welcoming neighborhood.


Property Details

StyleApartment
ViewDowntown, City, Park/Greenbelt
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12305932
Community NameCabbagetown
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Baseboard

Main Floor

Br

2.286 x 3.429

Closet

Living

3.91 x 3.429

W/O To Balcony

Kitchen

2.997 x 4.368

Window Flr to Ceil / Eat-In Kitchen

Foyer

1.04 x 2.26

Large Closet


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


5Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 25, 2025
ListedActive
$345,000
< 1h on market
history photo preview20
Listing by trreb®

Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

20 days

2023

7 days

2022

23 days

New Listings

Past 30 days

18 listings

Compared to

2024

24 listings

2023

28 listings

2022

7 listings

Units sold

Past 30 days

9 units

Compared to

2024

11 units

2023

13 units

2022

11 units

Median Sold Price

Past 30 days

$500,000

Compared to

2024

$589,000

2023

$690,000

2022

$760,000


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