2217 - 40 Homewood Avenue

Introducing an exceptional opportunity to acquire an apartment for sale in Toronto , located at the prestigious address of 40 Homewood Avenue, Toronto. This remarkable condo apartment stands out in a city often saturated with uninspiring shoebox residences. Built during a time when condos were crafted with the essence of home in mind, this property exemplifies the classic charm of Toronto living, nestled within the vibrant community of Cabbagetown-South St. James Town.

The apartment for sale in Toronto features two well-proportioned bedrooms, making it an ideal choice for first-time buyers, downsizers, or savvy investors seeking a slice of urban living. The absence of a den provides a streamlined living space, allowing for a more open and airy feel throughout the apartment. With one bathroom thoughtfully designed for convenience, this home caters to both comfort and functionality.

As you step inside this bright and updated suite, you will be greeted by an abundance of natural light, courtesy of the floor-to-ceiling windows that adorn the living area. The open-concept design seamlessly integrates the living and dining spaces, creating an inviting atmosphere perfect for entertaining or simply unwinding after a long day. The stylish kitchen boasts modern finishes, including granite countertops, which add a touch of sophistication to the heart of the home. Notably, the second bedroom features a built-in Murphy bed, offering versatility for guests or additional living space.

The apartment for sale in Toronto at 40 Homewood Avenue, Toronto, is further enhanced by an oversized private balcony that faces west, providing a picturesque setting for sunset views and outdoor relaxation. This outdoor space is perfect for hosting friends or enjoying quiet moments in the fresh air.

In addition to its impressive interior, this condo apartment offers a range of amenities that elevate the living experience. Residents can take advantage of a full fitness centre, a 50-metre indoor pool, a sauna, and a community library. The building also features a party room and a BBQ terrace, ideal for social gatherings. With bike storage, 24/7 concierge service, and ample visitor parking, convenience is at the forefront of life at 40 Homewood Avenue, Toronto.

Notably, the monthly maintenance fees encompass all utilities, cable TV, and high-speed internet, ensuring that residents enjoy a hassle-free lifestyle. The building is pet-friendly and fosters a strong sense of community, making it an inclusive environment for all. The exceptional management and ongoing renovations to common areas, including the lobby, hallways, and elevators, have solidified 40 Homewood’s reputation as one of Toronto's first purpose-built condominium residences, with stellar online reviews to match.

The location of this apartment for sale in Toronto is unbeatable. Situated just steps away from public transport (TTC), Toronto Metropolitan University (TMU), Allan Gardens, and the charming shops and restaurants of Cabbagetown, residents will find themselves immersed in the rich tapestry of urban life. This vibrant and central location combines heritage charm with modern convenience, making it a highly desirable area to call home.

In conclusion, the apartment for sale in Toronto at 40 Homewood Avenue, Toronto, presents a rare opportunity to join a well-established and welcoming community. With its thoughtful upgrades, prime location, and extensive amenities, this property is not to be missed. Whether you are looking to make your first purchase, downsize, or invest in a thriving market, this apartment embodies the perfect blend of comfort and style. Don't hesitate; see it today and discover the potential of your new home!

Cabbagetown-South St. James Town, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood renowned for its rich history and diverse character. This area boasts a charming blend of Victorian architecture and modern developments, creating a unique urban tapestry. Lush green spaces, such as Riverdale Park, provide a welcome respite from the bustling city life, while an array of local shops, cafés, and restaurants reflect the multicultural fabric of the community. With its close proximity to downtown Toronto and excellent public transport links, Cabbagetown-South St. James Town offers an inviting atmosphere for those seeking a dynamic and lively place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within just 0.3 km, you will find Church Street Junior Public School, a well-rated public elementary school serving grades JK to 6, and Our Lady of Lourdes Catholic School, which offers a strong curriculum for grades JK to 8 and boasts a commendable school rating of 6.7. Winchester Junior and Senior Public School, located 0.4 km away, serves grades SK to 8, although it currently has a lower rating. For secondary education, Jarvis Collegiate Institute is a public high school just 0.3 km from the property, rated at 3.8, while St. Joseph's College School, a Catholic institution, is 1.1 km away with a higher rating of 7.2. Additionally, there are other Catholic schools within a short distance, such as Holy Name Catholic School and St. Mary Catholic School, offering various programs in both English and French. Overall, this area provides a diverse range of schooling options, catering to different educational preferences and needs, ensuring that families have access to quality education close to home.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 3,194 residents, with an average household size of 1.6 individuals. The demographic is characterized by a relatively mature population, with an average age of 46.1 years. The community enjoys a healthy average household income of $98,100, although 10.6% of the population is classified as low-income. The real estate market reflects a median home price of $652,000, with a notable 74.69% of residences being condominiums. The area has a significant proportion of single individuals, accounting for 54.44% of the population, while only 16.67% of households include children. A diverse community is evident, with 34.8% of residents being immigrants. Renters comprise 42.43% of the population, indicating a vibrant rental market. Educational attainment is high, with 79.64% of residents holding a college or university degree. However, it is worth noting that 26.66% of the population is not actively participating in the labor force. Overall, this demographic profile suggests a well-educated, diverse, and predominantly single community with a mix of homeowners and renters.