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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-c12164498
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  • Sold Sold in Jul 2025
  • Condo Apt

2509 - 40 Homewood Avenue

Toronto, Cabbagetown-South St. James Town
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 410,000
3.53%
Listed Price: $ 425,000
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Key Facts About 2509 - 40 Homewood Avenue, Toronto

  • Tax $1,767 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $477.27
  • Size 0 - 499 feet²
  • Parking 0 garage, 1 parking
  • Listing # C12164498
  • Data Source PROPTX
  • Days on Market 55
  • Listed On 22/05/2025
  • Updated On 02/11/2025
  • Market Demand
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Description

Big, bright, and brimming with potential - And I'm not just talking about your lovely personality! This one-bedroom condo in the always-vibrant Church/Wellesley Village is your chance to get into a fantastic building at an even better price. This is your blank canvas, waiting for the right buyer with the right vision (and maybe a Pinterest board or two). The layout? Spacious and functional, with good-sized rooms, tons of storage, and a stunning floor to ceiling Kitchen window. Speaking of, west-facing sliding patio doors let the sunshine pour i

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Property Details of 2509 - 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 Baseboard
  • Heating Fuel Electric

Building

  • Size 0 - 499 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete, Brick
  • Amenities Bike Storage, Community BBQ, Concierge, Elevator, Exercise R...View More

Parking

  • Garage Type Underground
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Cross Street Homewood and Maitland

Features

  • Fenced Yard Y
  • Park Y
  • Public Transit Y
  • School Bus Route Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,418

Rental Yield

6.09%

School Score

7.8/10

Rental Score

5/5

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Rooms

Living Room (3.6X3.86 metre)
Level: Main
Bedroom (3.47X2.79 metre)
Level: Main
Kitchen (4.52X1.96 metre)
Level: Main
Bathroom (1.75X2.18 metre)
Level: Main
Other (2.69X5.56 metre)
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

$1,046

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $477
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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 2509 - 40 Homewood Avenue, Toronto

Nestled in the heart of Cabbagetown-South St. James Town, this delightful one-bedroom condo for sale in Toronto at 40 Homewood Avenue, Toronto, is a fantastic opportunity for anyone looking to make their mark in a vibrant community. With its spacious layout and ample potential, this property is more than just a place to live; it's a blank canvas awaiting your personal touch. Whether you're a first-time buyer or seeking a savvy investment, this condo for sale in Toronto is definitely worth considering.

As you step into this condo at 40 Homewood Avenue, Toronto, you'll immediately notice the bright and airy atmosphere that fills the space. The apartment features a well-thought-out layout with a total of four rooms, including a generously sized bedroom and a bathroom. The main kitchen is designed to be functional and inviting, perfect for whipping up your favourite meals. While there is no additional kitchen or den, the existing space provides plenty of room for creativity and design. The concrete and brick exterior adds a touch of urban charm, making this condo not only a comfortable home but also a stylish one.

One of the standout features of this condo for sale in Toronto is the stunning floor-to-ceiling kitchen window, which allows natural light to flood the room, creating a warm and welcoming environment. The west-facing sliding patio doors lead to an oversized balcony, ideal for enjoying your morning coffee or unwinding after a long day. While the property does not come with a pool or fireplace, the spacious balcony offers a wonderful alternative for outdoor relaxation. Imagine turning this space into your own little oasis, filled with plants and outdoor furniture, where you can enjoy the sunshine and fresh air.

Living at 40 Homewood Avenue, Toronto, means you are part of a community that boasts a remarkable 97 Walk Score. This means you are just steps away from parks, grocery stores, and the subway, making daily errands and leisure activities incredibly convenient. The vibrant neighbourhood charm is palpable, with plenty of local shops and eateries to explore. Whether you're in the mood for a leisurely stroll in the park or a quick trip to the shops, everything you need is right at your doorstep.

For those who value fitness and leisure, the building offers fantastic amenities, including a newly renovated gym and sauna. The hallways have also been updated, providing a fresh and modern feel throughout the building. While there is no central vacuum system, the property is unfurnished, allowing you to bring your own style and preferences into the space. Additionally, parking is hassle-free with one designated parking space available, and there is also a locker for extra storage.

It's worth noting that this condo for sale in Toronto does not include any additional land, but the huge backyard and beautifully landscaped areas offer plenty of outdoor space for residents to enjoy. The community features party rooms and BBQ areas, perfect for social gatherings and making new friends in the neighbourhood.

In summary, this one-bedroom condo at 40 Homewood Avenue, Toronto, is an exceptional opportunity for anyone looking to invest in a property that combines potential with a prime location. With its spacious layout, bright interiors, and fantastic community amenities, this condo for sale in Toronto is priced to move. If you have a vision for your new home and an eye for value, don’t miss out on this incredible chance to make it yours.

Cabbagetown-South St. James Town is a vibrant and eclectic neighbourhood in Toronto, renowned for its rich history and diverse character. Nestled just east of the city centre, this area is distinguished by its charming Victorian homes, lush green spaces, and a strong sense of community spirit. The streets are lined with an array of independent shops, cafes, and restaurants, offering a delightful mix of culinary experiences and local culture. With easy access to public transport and proximity to downtown amenities, residents enjoy a perfect blend of urban convenience and a close-knit atmosphere. Whether you’re strolling through the picturesque parks or engaging with the local arts scene, Cabbagetown-South St. James Town offers a unique living experience that captures the essence of Toronto’s multicultural fabric.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Church Street Junior Public School (0.3 km) and Our Lady of Lourdes Catholic School (0.2 km), both offering quality education for younger children, with ratings of 6 and 6.7, respectively. Winchester Junior and Senior Public School is also nearby (0.4 km) but has a lower rating. For older students, Jarvis Collegiate Institute (0.3 km) provides education for grades 9 to 12, with a respectable rating of 3.8. Additionally, St. Joseph's College School (1.1 km) offers Catholic education for high school students, boasting a solid rating of 7.2. Other options include Lord Lansdowne Junior Public School and Holy Name Catholic School, which are slightly farther away but still within a reasonable distance. The variety of schools, including both public and Catholic institutions, ensures that families have access to diverse educational opportunities. Overall, this location is well-suited for families prioritizing education, with a range of options for children of all ages.

FAQs About 2509 - 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 499.

How many parking spaces are available with this property?

40 Homewood Avenue boasts 1 convenient parking spaces.

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 $477.27.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Baseboard.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 2509 - 40 Homewood Avenue, Toronto

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Listing History

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