Living room with furniture, unknown for 40 Homewood Ave #1412, Toronto Ontario M4Y 2K2
34 days on Market

40 Homewood Ave #1412, Toronto, Ontario M4Y 2K2

In the same building:
-
Condo
1
1
~500-599 sqft
$459,000
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Condo
1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market34 days

Estimated valueNot available

Price/Sqft$842/sqft

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+5

Properties sold*

$665K

Median sold price*

*Based on last 30 days

Description

Welcome to this tastefully renovated bright condo at 40 Homewood - a prime location for quality downtown living! You are minutes from TMU (formerly Ryerson University), U of T, The Eaton Centre, Loblaws' Flagship store on Carlton, TTC streetcars and the College Street subway. Enter into an open concept kitchen/dining/living with a walkout to a spacious balcony (6 ft x 15 ft) that embraces the East. Sit and sip your coffee as the sun rises and Lake Ontario sparkles. A view that goes on forever over treed residential neighbourhoods with condo buildings that light up at night. Your upgraded kitchen with an abundance of well-designed cupboards makes meal preparation a breeze. And there's a Breakfast Bar for 2 for the on-the-go meals or the quick coffee chat. The updated bathroom with a walk-in spacious shower in forest green tiles and a Rain Forest shower head will get you ready for your day. Sunny bedroom with California shutters to let the light in and shut it right out, as needed. You'll love the extra-large clothes closet with shelves and a large built-in bookcase with cupboards offers even more space for your TV, books, photos, decorations. Still not enough space? There's a large locker included! Very low maintenance fees with great amenities- indoor pool, sauna, gym, guest suites, bike storage, electrical charging station, visitor parking, library, meeting/party room, and all your utilities are included! Parking is available for a monthly rental fee of $100.Considered one of the best-managed buildings in downtown; and the concierge is always super pleasant and helpful. Make this one your Home on Homewood! The bedroom, living/dining room and balcony have been virtually staged.


Property Details

StyleApartment
ViewLake, Trees/Woods
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12307010
Community NameCabbagetown
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Radiant
Cooling: Window Unit

Flat Floor

Dining

3.63 x 4.42

Combined W/Living / Laminate / W/O To Balcony

Kitchen

3.14 x 2.16

Breakfast Bar / Renovated

Br

4.27 x 3.14

B/I Shelves / California Shutters / Large Closet

Other

4.5 x 1.56

Balcony / East View


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


13Story
Amenities

Bike Storage, Concierge, Exercise Room, Indoor Pool, Party/Meeting Room, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

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

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Estimated Budget