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

1112 - 40 Homewood Avenue

Toronto, Cabbagetown-South St. James Town
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 490,000
1.8%
Listed Price: $ 499,000
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Key Facts About 1112 - 40 Homewood Avenue, Toronto

  • Tax $1,888 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $594.33
  • Building Age 51-99
  • Size 500 - 599 feet²
  • Listing # C12162611
  • Data Source PROPTX
  • Days on Market 27
  • Listed On 21/05/2025
  • Updated On 19/06/2025
  • Market Demand
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Description

Feel right at home on Homewood! Looking for a condo that stands out from the rest at a price you can actually afford? Welcome to 40 Homewood Avenue Suite 1112! Step inside this completely renovated, spacious designer condo in the heart of downtown Toronto and marvel at the high-end designer finishes and excellent taste - more than $75,000 spent on brand new upgrades! The brand-new kitchen is straight out of a magazine and features sleek stainless-steel appliances, full-height custom cabinetry, elegant quartz countertops and backsplash, plus a b

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Property Details of 1112 - 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, Indoor Pool, Concierge, Visitor Parking, Gym, ...View More
  • Building Age 51-99

Parking

  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Homewood Ave & Carlton St

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,327

Rental Yield

5.22%

School Score

7.6/10

Rental Score

4.5/5

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Rooms

Living Room (4.24X3.61 metre)
Level: Flat
Dining Room (4.24X3.61 metre)
Level: Flat
Kitchen (3.02X2.82 metre)
Level: Flat
Bedroom (3.1X4.78 metre)
Level: Flat

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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 1112 - 40 Homewood Avenue, Toronto

Welcome to the splendid apartment for sale in Toronto , located at 40 Homewood Avenue, Toronto. This delightful condo apartment is situated in the vibrant Cabbagetown-South St. James Town community, an area renowned for its rich history and lively atmosphere. If you are in search of a home that offers both style and convenience, this property is sure to impress.

Step inside this beautifully renovated apartment for sale in Toronto, and you will immediately notice the high-end designer finishes that have been meticulously crafted. With over £75,000 spent on upgrades, this spacious one-bedroom condo is designed to cater to modern living. The flat kitchen is a true highlight, featuring sleek stainless-steel appliances, full-height custom cabinetry, and elegant quartz countertops, all of which create a sophisticated culinary space. The breakfast bar is perfect for casual dining or entertaining guests, making it a wonderful spot to gather while preparing meals.

The living area is bathed in natural light, courtesy of the large east-facing windows that offer a bright and inviting atmosphere. This apartment for sale in Toronto also boasts a charming walk-out balcony, adorned with wooden deck tiles, which serves as an ideal setting for enjoying your morning coffee or unwinding with an evening drink. The seamless storage solutions throughout the apartment include custom-built closets in both the entryway and the bedroom, ensuring that you have ample space to keep your belongings organised.

The modernised bathroom is a testament to contemporary design, featuring sleek porcelain tiles, a stylish floating vanity, and an upgraded shower that adds a touch of luxury to your daily routine. Throughout the apartment, you will find American white oak engineered hardwood floors, new baseboard trim, and new doors that enhance the overall aesthetic of this lovely home.

While this apartment for sale in Toronto does not include a den, family room, or additional land, it compensates with its exceptional location and amenities. The building itself is over 51 years old, adding a sense of character and history to your new home. Although there is no central vacuum system, garage space, or parking available, the convenience of living in the heart of Toronto makes these features less of a concern.

Situated just steps away from College subway station, this apartment offers easy access to public transport, making commuting a breeze. Additionally, you will find yourself in close proximity to TMU (formerly Ryerson University), Loblaws, and the beautiful Allan Gardens. The vibrant Cabbagetown and Garden District are also nearby, providing a plethora of dining, shopping, and recreational options.

This apartment for sale in Toronto presents a rare opportunity to own a piece of Toronto's history, nestled in a building known for its strong community spirit. The excellent amenities and the welcoming atmosphere of the Cabbagetown-South St. James Town community make this condo an ideal choice for those seeking a blend of urban living and comfort.

In summary, if you are looking for a stylish and modern one-bedroom condo, the apartment for sale in Toronto at 40 Homewood Avenue, Toronto, is not to be missed. With its stunning renovations, prime location, and inviting atmosphere, this property truly feels like home. Don't hesitate to seize this opportunity to make this exquisite apartment your own and experience the best that Toronto has to offer. Welcome home!

Cabbagetown-South St. James Town is a vibrant and eclectic neighbourhood nestled in the heart of Toronto, renowned for its rich history and charming Victorian architecture. This area boasts a unique blend of cultural diversity, with an array of shops, cafes, and parks that cater to a variety of tastes and lifestyles. The streets are lined with beautifully preserved homes, many of which date back to the 19th century, creating a picturesque backdrop for daily life. Residents enjoy easy access to public transport, making it convenient to explore the wider city, while the community's lively atmosphere fosters a sense of connection among its inhabitants. With its dynamic mix of urban amenities and a welcoming spirit, Cabbagetown-South St. James Town offers a delightful living experience for those seeking a distinctive and engaging environment.

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'll find Church Street Junior Public School, a public elementary school offering grades JK to 6, with a school rating of 6. Additionally, Winchester Junior and Senior Public School, located 0.4 km away, serves grades SK to 8, although it currently holds a rating of 0. For older students, Jarvis Collegiate Institute is just 0.3 km away, providing education for grades 9 to 12 with a rating of 3.8. The area also features Our Lady of Lourdes Catholic School, a highly-rated Catholic elementary school (rating 6.7) located only 0.2 km away, and St. Joseph's College School, a Catholic secondary school rated 7.2, which is 1.1 km from the property. Other nearby schools include Lord Lansdowne Junior Public School, Holy Name Catholic School, and St. Mary Catholic School, offering a range of educational options in both English and French. Overall, this neighborhood is well-equipped with quality schools that cater to various educational needs, enhancing its appeal for potential buyers with children.

FAQs About 1112 - 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?

Information about the garage type is not provided.

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 1112 - 40 Homewood Avenue, Toronto

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Listing History

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