3 days on market
$490,000
For Sale

Homewood Ave

Cabbagetown-South St. James Town, Toronto

2+null Bed|1 Bath|No|3 days on market

$490,000

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Home Details

Maintenance
$724.01 / month
Taxes
$189 / month
Total Parking Spots
0
Garage Spaces
NaN
Balcony
Yes
Furnished
No
Exposure
E
Move-in Date
Tenant
Locker
None
Hydro Included
Yes
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Window Unit
Central Vaccum
No
Exterior
Brick, Concrete
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing Description

Welcome to suite 2417 at 40 Homewood Avenue, a rare opportunity to own a spacious two bedroom condo in one of Toronto's most iconic and well-established residences. Built in an era when quality and community came first, this building continues to stand out for its solid construction, timeless design and unbeatable value. This bright, west-facing suite boasts wall-to-wall windows and a private oversized balcony with clear views - perfect for sunset cocktails, morning coffee or entertaining. Inside, you'll find a thoughtful layout with two generous bedrooms, a modernized kitchen with granite counters, and updated finishes throughout. The open concept living and dining area is flooded with natural light, making it feel warm and inviting year-round. At 40 Homewood, you don't just buy a condo - you join a vibrant community. This pet-friendly building has been thoughtfully renovated, with a refreshed lobby, updated hallways and modernized amenities. Monthly fees are truly all-inclusive - covering heat, hydro, cable TV and high speed internet - giving you peace of mind and real value in today's market. Amenities rival downtown's finest: 20m indoor pool, gym, yoga studio, hobby & craft rooms, party room with professional gourmet kitchen, BBQ terrace, reading rooms, community library, sauna and bike storage. Nestled among landscaped greenspace with benches and walking paths, it's a rare urban retreat in the heart of the city. Steps to TTC, TMU, Allan Gardens, The Village, Cabbagetown shops & dining, St. Lawrence Market, and the financial district, this location connects you to everything Toronto has to offer. Whether you're a first-time buyer, savvy investor, or downsizer looking for comfort and convenience, this is a chance to call one of downtown's most welcoming communities home.
All existing appliances, ELFs and window coverings.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Sep 10, 20236$629,000$617,000SoldC6806506
Mar 16, 202076$2,600N/AExpiredC4723095
Jan 25, 201820$2,300$2,300LeasedC4028830

Rooms

Room dimensions for Homewood Ave, Toronto
Foyer
4 x 728 sqft
Living
14 x 14196 sqft
Dining
14 x 14196 sqft
Kitchen
10 x 330 sqft
Primary
13 x 11143 sqft
Br
10 x 13130 sqft
Bathroom
7 x 535 sqft

Building Amenities

Community BBQ
Exercise Room
Indoor Pool
Visitor Parking
Recreation Room
Party/Meeting Room

Market Trends and Insights

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Total Mortgage


Purchase Price$490000
Down Payment$98000
Mortgage Insurance$0
Total Mortgage$392000

Monthly Payment


Mortgage Payment$2416
Property Taxes$188
Maintenance Fees$724
Monthly Payment$3328
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About Homewood Ave, Toronto

Located at 40 Homewood Ave Unit #2417, this Toronto condo is available for sale. This property was listed for $490,000 on Tue Aug 19 2025. This condo's size is 700-799 Sqft. It has 2 bedrooms and 1 bathroom. Monthly maintenance is $724 per month and taxes are approximately $2,260 annually. Views are to the East from this property. Step outside onto the open balcony. The property's amenities include Community BBQ, Exercise Room, Indoor Pool, Visitor Parking, Recreation Room, Party/Meeting Room. The property includes the following rooms: Foyer, Living, Dining, Kitchen, Primary, Br, Bathroom. This property also comes with a locker. Heat, Hydro, Water are included with this property. 40 Homewood Ave, Toronto is situated in the Cabbagetown-South St. James Town neighbourhood.


MLS#: C12351428 · $490,000 · 2 bedroom condo in Cabbagetown-South St. James Town, Toronto