10 days on Market

40 Homewood Ave #Ph 02, Toronto, Ontario M4Y 2K2

In the same building:
-
$559,000
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Condo
2
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$660/sqft

Est. Mortgage$2,401/mo

Maintenance fees$865/mo

Tax Amount (2024)$2,453/yr

Days On Market10 days


Description

I can see for miles and miles! Downtown living in a cottage like setting with spectacular unobstructed views of lake Ontario from every window, a rustic natural wood floor, and a fresh cross breeze. Large 2 bedroom corner penthouse unit on the 32nd floor facing east / south, showing all the city has to offer, including the CN tower. Beautiful space, room to put your own touches on it; sold "as is". Huge balcony, huge closets, lovely spacious grounds, low maintenance fees including utilities and Bell Fibe wifi, excellent water pressure. Quiet, vacant. Situated on a quiet residential street, just off the beaten track.Centrally located downtown, it's a quick walk to Maple Leaf Gardens Loblaws, Cabbagetown, The Village, Allan Gardens dog park, TMU, shops, restaurants, and TTC in every direction. Underground parking available through the office. New guest suite for $150 per night. Bike rooms and locker available through the management office. Can rent parking spot from Management. Undergoing renovations: Plumbing is being upgraded, hence exposed ceiling pipes in the hall. Hallways are undergoing a total refurbishment expected to be completed around April. Looks messy now, but will be beautiful upon completion, designed to match recently renovated lobby. Refurbishment details available. Some items may be included in the sale. Truly a million dollar view. Must-see!


Property Details

StyleApartment
View-
Age of property31-50
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10417073
Community NameCabbagetown
Data SourceTRREB

Features

Heating: Radiant
Cooling: Window Unit

Ground Floor

Living

5.70 x 3.10

W/O To Balcony / Parquet Floor / South View

Kitchen

3.30 x 2.20

Marble Floor

Other

5.10 x 1.83

South View / East View / Concrete Floor


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


31Story
Amenities

Bike Storage, Exercise Room, Indoor Pool, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
ListedFor Salefor$559,000Active
10 days on market
Listing by trreb®
history photo preview33
Jun 11, 2021
ListedFor Salefor$599,000Sold for$•••,•••
Stayed 11 days on market
Listing by trreb®
history photo preview25
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Property listed by KELLER WILLIAMS ADVANTAGE REALTY, Brokerage

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Comparable Sales

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Sold for $•••,•••
15 Maitland Pl #1505, Toronto
••••••••• sq ft
Listed by BOSLEY REAL ESTATE LTD.
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Sold for $•••,•••
40 Homewood Ave #2617, Toronto
••••••••• sq ft
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Sold for $•••,•••
415 Jarvis St #123, Toronto
••••••••• sq ft
Listed by BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY

Market DataFor the past 30 days in Cabbagetown

Median Selling Price

$630,000

0.94% less than GTA:

$635,950

Median Bidding

Underbidding - Trending to buyer market

-$20,000

GTA median: -$14,000

Median Number of Sales

17 sales

1931 sales less than GTA:

1948 sales

Median Number of Days on Market

33 days

5 days more than GTA:

28 days

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Schools and amenities

Estimated Budget