40 Homewood Avenue, Toronto C08, ON

$489,900
MLS#:C12307950
2 beds
1 baths
800-899 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 $489,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient radiant heating via electric

The building has major renovations to common areas including the lobby, hallways, elevators, and more. Monthly maintenance fees include ALL utilities, cable TV, and high-speed Internet. Enjoy top-tier amenities: a full fitness centre, 20m (65ft) indoor pool, sauna, community library, party room, BBQ terrace, bike storage, 24/7 concierge and ample visitor parking. This is an inclusive, pet-friendly building with a strong sense of community in a vibrant and central location. Steps to TTC, TMU, Allan Gardens, The Village, and Cabbage towns charming shops and restaurants, this home blends heritage charm with urban convenience. Large two bedroom, vacant! Easy to show, ready for your renovations or contractor. Estate sell, property sold "as is" no warranty from seller.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 28, 2025
Sold price information is available to members only
Listed Date7/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyToronto
Annual Tax$2,600

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Clear View, Public Transit

Community Features

Location

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40 Homewood Avenue, Toronto C08, ON
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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 2502, 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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$391,920
Monthly Mortgage$2,277
Property Tax (Est.)$217
Utilities & Maint.$350
Total Monthly Cost$2,844

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cabbagetown South St James Town, Toronto C08.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

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-Occupied48%
Rented52%

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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.