2417 - 40 Homewood Avenue

Welcome to suite 2417 at 40 Homewood Avenue, Toronto, a remarkable opportunity to acquire a spacious two-bedroom condo in one of Toronto's most iconic and well-established residences. This apartment for sale in Toronto is situated in the vibrant Cabbagetown-South St. James Town community, an area known for its rich history and welcoming atmosphere. Built during a time when quality and community were paramount, this building continues to impress with its solid construction, timeless design, and unbeatable value.

As you step inside this bright, west-facing suite, you are greeted by an abundance of natural light streaming through the wall-to-wall windows. The private oversized balcony offers clear views, making it an ideal spot for enjoying sunset cocktails, sipping your morning coffee, or entertaining friends. The thoughtful layout features two generous bedrooms, including a second bedroom equipped with a built-in Murphy bed, perfect for accommodating guests or creating a versatile space. The modernised kitchen boasts granite counters, and updated finishes throughout add a touch of elegance to this apartment for sale in Toronto.

The open-concept living and dining area is designed to be warm and inviting, making it the perfect space for relaxation and social gatherings. With a total of five rooms, including one bathroom, this apartment provides ample space for comfortable living. Although there is no den, the layout maximises the use of space, ensuring you have everything you need. The absence of a central vacuum system and additional land does not detract from the overall appeal of this property, as the focus remains on the quality of life it offers.

At 40 Homewood Avenue, Toronto, you are not just purchasing a condo; you are joining a vibrant community. This pet-friendly building has undergone thoughtful renovations, featuring a refreshed lobby and updated hallways that exude a modern charm. The monthly fees are truly all-inclusive, covering heat, hydro, cable TV, and high-speed internet, providing you with peace of mind and exceptional value in today’s market.

The amenities at this apartment for sale in Toronto rival those of downtown’s finest residences. Residents can enjoy a 20-metre indoor pool, a well-equipped gym, a yoga studio, and hobby and craft rooms. The party room, complete with a professional gourmet kitchen, is perfect for hosting gatherings, while the BBQ terrace, reading rooms, community library, sauna, and bike storage offer additional conveniences that enhance the living experience.

Nestled among beautifully landscaped greenspace, complete with benches and walking paths, this property serves as a rare urban retreat in the heart of the city. The location is unbeatable, with easy access to public transport (TTC), and within walking distance to TMU, Allan Gardens, The Village, Cabbagetown shops and dining, St. Lawrence Market, and the financial district. This prime location connects you to everything Toronto has to offer, making it an ideal choice for anyone looking to embrace the city lifestyle.

Whether you are a first-time buyer, a savvy investor, or a downsizer seeking comfort and convenience, this apartment for sale in Toronto presents a unique opportunity to call one of downtown's most welcoming communities your home. Don’t miss your chance to secure this exceptional condo at 40 Homewood Avenue, Toronto, where quality living meets an unbeatable location. Embrace the lifestyle that awaits you in this vibrant neighbourhood and make suite 2417 your new sanctuary in the heart of the city.

Cabbagetown-South St. James Town is a vibrant and diverse neighbourhood in Toronto, renowned for its rich history and charming streetscapes. Nestled just east of the city centre, this area boasts a unique blend of Victorian architecture and modern developments, creating a distinctive character that appeals to a variety of residents. The community is well-served by an array of local amenities, including quaint shops, cafes, and parks, providing a lively atmosphere for both relaxation and socialising. With its close proximity to downtown, excellent public transport links, and a strong sense of community spirit, Cabbagetown-South St. James Town offers an inviting environment for those seeking a dynamic urban lifestyle.

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), a public elementary school serving grades JK to 6 with a school rating of 6.4, and Winchester Junior and Senior Public School (0.4 km), which offers grades SK to 8. For secondary education, Jarvis Collegiate Institute (0.3 km) caters to grades 9 to 12 with a rating of 5.9, while St. Joseph's College School (1.1 km) is a Catholic institution with a strong rating of 7.6. Additionally, Our Lady of Lourdes Catholic School (0.2 km) serves grades JK to 8 and has a rating of 5.5. Other nearby schools include Lord Lansdowne Junior Public School (2.2 km) and Holy Name Catholic School (2.7 km), both offering a mix of English and French language studies. The diverse educational options, along with their proximity, ensure that families can easily access quality education for their children, enhancing the appeal of this property in the community.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,194 residents, with an average household size of 1.6 individuals. The community is characterized by a relatively mature demographic, with an average age of 46.1 years. The average household income stands at $98,100, indicating a fairly affluent population, although 10.6% of residents fall into the low-income category. The real estate market reflects this affluence, with an average property price of $652,000. A significant portion of the population is single, comprising 54.44%, while households with children account for 16.67%. The area is diverse, with 34.8% of residents being immigrants, contributing to a rich cultural fabric. Renters make up 42.43% of the population, and a notable 74.69% of the housing stock consists of condominiums. Education is highly valued, as evidenced by 79.64% of residents holding a college or university degree. However, 26.66% of the population is not in the labor force, suggesting a mix of retirees and individuals engaged in other pursuits. Overall, this demographic profile indicates a well-educated, diverse, and predominantly single community with a mix of homeowners and renters.