23 days 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 market23 days

Estimated valueNot available

Price/Sqft$346/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$665K

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

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

Br

2.286 x 3.429

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
23 days on market
history photo preview20
Listing by trreb®

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

27 days

Compared to

2024

23 days

2023

18 days

2022

28 days

New Listings

Past 30 days

21 listings

Compared to

2024

25 listings

2023

22 listings

2022

12 listings

Units sold

Past 30 days

6 units

Compared to

2024

5 units

2023

7 units

2022

5 units

Median Sold Price

Past 30 days

$604,500

Compared to

2024

$665,000

2023

$659,000

2022

$735,000


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