40 Homewood Avenue, Toronto C08, ON

$440,000
MLS#:C11893519
1 beds
1 baths
0-499 sqft
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $440,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with ["wall unit(s)"] central cooling and highly efficient radiant heating via electric

Downtown living on a quiet street with a million-dollar view. Welcome to your spacious Jr. 1-Bedroom with an open concept design, views of the sunrise and plenty of natural light! . This gorgeous updated condo is completely renovated with new flooring, kitchen, and bathroom (2017). Start your day on your large private balcony with an unobstructed east view. Maintenance fees cover everything including internet and cable! Close to the heart of downtown: minutes to 2 subway stations, TMU, Eaton Centre, Dundas Square. Very well-maintained building, recently renovated lobby, elevators, amenities and hallways. 50m indoor pool, year-round sauna, full gym, patio with BBQ's. Other amenities incl. large party room, library, and beautiful tree-lined garden. Must-see!!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 1, 2025
Sold price information is available to members only
Listed Date12/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$1,752.46

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
Cooling["Wall Unit(s)"]

Features

Property Features

Hospital, Library, Park, Rec./Commun.Centre, School

Community Features

Location

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40 Homewood Avenue, Toronto C08, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cabbagetown South St James Town, Toronto C08.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Homewood Avenue 1608, Toronto C08, ON M4Y 2K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$352,000
Monthly Mortgage$2,045
Property Tax (Est.)$146
Utilities & Maint.$350
Total Monthly Cost$2,541

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C08.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.