40 Homewood Avenue, Toronto C08, ON

$549,000
MLS#:C9347644
2 beds
1 baths
600-699 sqft
1.0 parking
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 concrete and brick construction, this residence presents an exceptional opportunity offered at $549,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with ["window unit(s)"] central cooling and highly efficient radiant heating via electric

Client RemarksCorner Unit!! Bright well designed 2-bedroom updated unit in great well managed building with great amenities!! Approximately 700 square feet! Well-built and managed building with on-site management office & 24-hour security! Renovated kitchen & bathroom 2015. Newly painted throughout 2024. Built-in murphy bed in 2nd bedroom! Conveniently located steps to TTC, walking distance to financial district, Distillery District, St Lawrence Market, great restaurants & all amenities! Maintenance fees include Bell internet and TV & all utilities! Hallways to be renovated 2025!!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date9/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete, Brick
CountyToronto
Annual Tax$2,145.87

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

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

Features

Property Features

Public Transit, School, Hospital, Rec./Commun.Centre

Community Features

Location

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40 Homewood Avenue, Toronto C08, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Homewood Avenue 2617, 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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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.
Financial Audit

Estimated Costs

Loan Amount$439,200
Monthly Mortgage$2,552
Property Tax (Est.)$179
Utilities & Maint.$350
Total Monthly Cost$3,081

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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