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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Cabbagetown-South St. James Town
  • 40 Homewood Avenue
40-homewood-avenue-toronto-ontario-c12064709
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  • Sold Sold in Jun 2025
  • Condo Apt

1403 - 40 Homewood Avenue

Toronto, Cabbagetown-South St. James Town
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 419,000
Listed Price: $ 419,000
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Key Facts About 1403 - 40 Homewood Avenue, Toronto

  • Tax $1,888 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $594.33
  • Size 500 - 599 feet²
  • Listing # C12064709
  • Data Source PROPTX
  • Days on Market 57
  • Listed On 06/04/2025
  • Updated On 13/06/2025
  • Market Demand
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Description

Welcome to 40 Homewood Ave. Great opportunity to update this spacious 1 Bedroom+1 Bath unit. Large open balcony with city views. Monthly maintenance fees include all utilities. Well managed building with amenities like an indoor pool, concierge, sauna, gym, party room, library & plenty of visitor parking. Conveniently located in the heart of downtown Toronto and is steps away from TTC access, Toronto Metropolitan University, parks, grocery stores, and various shops. Parking is available for rent in the building.

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Property Details of 1403 - 40 Homewood Avenue, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Cabbagetown-South St. James Town
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling None
  • Heating Type Radiant
  • Heating Fuel Electric

Building

  • Size 500 - 599 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Bike Storage, Concierge, Gym, Indoor Pool, Party Room/Meetin...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Jarvis St / Carlton St

Features

  • Clear View Y
  • Park Y
  • School Y
  • Public Transit Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,285

Rental Yield

5.31%

School Score

7.6/10

Rental Score

4.5/5

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Rooms

Living Room (4.46 metre)
Living Room
Level: Main
Dining Room (4.46 metre)
Dining Room
Level: Main
Primary Bedroom (3.69 metre)
Primary Bedroom
Level: Main
Kitchen (1.98 metre)
Kitchen
Level: Main
Bathroom (4 pcs)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,163

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $594
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1403 - 40 Homewood Avenue, Toronto

Welcome to the exceptional opportunity presented by this apartment for sale in Toronto , located at 40 Homewood Avenue, Toronto. This spacious one-bedroom, one-bathroom condo apartment is situated in the desirable Cabbagetown-South St. James Town community, making it an ideal choice for those seeking both comfort and convenience in the heart of downtown Toronto.

As you step into this apartment for sale in Toronto, you will immediately appreciate the generous layout comprising a total of four rooms. The main kitchen is well-positioned to serve both functionality and ease of access. The absence of a den allows for a more open living space, which can be tailored to suit your personal style. The apartment is unfurnished, providing you with the perfect blank canvas to create your dream home.

One of the standout features of this property is the large open balcony that offers stunning city views, perfect for enjoying your morning coffee or unwinding after a long day. The apartment is designed to maximise natural light, creating a bright and airy atmosphere that enhances the overall living experience. Although there is no air conditioning, the radiant heating system ensures warmth during the colder months, making it a comfortable retreat year-round.

The building itself, constructed with a robust brick exterior, is well-managed and offers a range of amenities that cater to a modern lifestyle. However, it is important to note that this apartment for sale in Toronto does not include a pool, fireplace, or central vacuum system. Despite this, the building boasts an array of features such as a concierge service, sauna, gym, party room, and library, ensuring that residents have access to leisure and social activities right at their doorstep.

Parking is not an issue with this apartment for sale in Toronto, as it includes one underground garage space. This is a significant advantage in a bustling city like Toronto, where parking can often be a challenge. However, it is worth mentioning that there are no additional parking spaces available. The absence of a family room may be seen as a limitation, but the overall layout allows for versatile use of space, making it easy to adapt to your needs.

Located at 40 Homewood Avenue, Toronto, this apartment is just steps away from public transport, specifically the TTC, providing excellent connectivity throughout the city. Additionally, you will find yourself in close proximity to Toronto Metropolitan University, various parks, grocery stores, and an array of shops, making it a highly convenient location for both students and professionals alike.

In summary, this apartment for sale in Toronto at 40 Homewood Avenue, Toronto, presents a fantastic opportunity for anyone looking to invest in a vibrant urban lifestyle. With its spacious layout, stunning balcony views, and an array of amenities within the building, it is a property that should not be overlooked. While it may lack certain features such as a pool and air conditioning, the overall benefits of living in this well-managed building far outweigh these minor drawbacks.

Whether you are a first-time buyer or an investor looking for a prime location, this apartment for sale in Toronto is certainly worth considering. Don't miss your chance to make this lovely condo your new home in one of the most sought-after areas of the city. Schedule a viewing today and experience for yourself what makes 40 Homewood Avenue, Toronto, such a remarkable place to live.

Cabbagetown-South St. James Town is a vibrant and eclectic neighbourhood nestled in the heart of Toronto, renowned for its rich history and diverse character. This area is marked by its charming Victorian architecture, with beautifully preserved homes lining the streets, creating a picturesque backdrop for daily life. The community boasts an array of local amenities, including quaint cafés, independent shops, and lush parks, making it an inviting place for residents to explore and unwind. With its close proximity to downtown Toronto, Cabbagetown-South St. James Town offers a unique blend of urban convenience and a tight-knit atmosphere, making it an appealing choice for those seeking a lively yet welcoming environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance, you’ll find Church Street Junior Public School (0.3 km) and Our Lady of Lourdes Catholic School (0.2 km), both offering elementary education with strong ratings of 6 and 6.7, respectively. Winchester Junior and Senior Public School, just 0.4 km away, caters to grades SK to 8, although it currently has a lower school rating. For older students, Jarvis Collegiate Institute (0.3 km) provides high school education with a rating of 3.8. Additionally, St. Joseph's College School (1.1 km) is a reputable Catholic high school with a commendable rating of 7.2. Other nearby schools include Lord Lansdowne Junior Public School (2.2 km) and Holy Name Catholic School (2.7 km), which offer French-language education. Overall, the area boasts a diverse range of schooling options in both English and French, catering to various educational needs and preferences, making it an attractive location for families prioritizing quality education.

FAQs About 1403 - 40 Homewood Avenue, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 500 - 599.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 40 Homewood Avenue?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $594.33.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

Information about heating system is not available.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1403 - 40 Homewood Avenue, Toronto

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Listing History

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