40 Homewood Avenue, Unit 04, Toronto, ON
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 front construction, this residence presents an exceptional opportunity offered at $399,000 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 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with other central cooling and highly efficient radiant heating via electric
Description
Spacious 1+Den offering approx. 740 Sq.Ft. in a meticulously managed building. Bright, sun-filled suite with unobstructed SE city & lake views from both the unit and 74 Sq.Ft. balcony. High sped Internet include. Steps to Eaton Centre, U of T, TMU, Bloor St., subway & downtown core. Exceptional all-inclusive amenities: cable (88 channels), gym, saltwater pool, sauna, BBQ area, Zen garden, library, hobby, meeting & party rooms with Wi-Fi. Free visitor parking, resident parking around $100/month & bike storage.
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Property Summary
This condo apartment located at 40 Homewood Avenue, Toronto is currently for sale and has been available on SousaSells for 21 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 40 Homewood Avenue, Toronto is in the Cabbagetown-South St. James Town neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cabbagetown-South St. James Town, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Arts Centre
- Clear View
- Hospital
- Park
- Public Transit
- Rec./Commun.Centre
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 40 Homewood Avenue, Unit 04, Toronto, ON
Q.What is the asking price for 40 Homewood Avenue, Unit 04, Toronto, ON ?
The current listing price for 40 Homewood Avenue, Unit 04, Toronto, ON in Cabbagetown-South St. James Town, Toronto is $399,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-799 sqft.
Q.What property type and architectural style is 40 Homewood Avenue, Unit 04, Toronto, ON ?
40 Homewood Avenue, Unit 04, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 40 Homewood Avenue, Unit 04, Toronto, ON offer?
Key property features include: Arts Centre, Clear View, Hospital, Park, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Other.
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Pricing & Value Insights
Data-driven valuation for 40 Homewood Avenue 3104, Toronto, ON M4Y 2K2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $399,000 in Toronto, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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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.