1711 - 40 Homewood Avenue

Introducing an exceptional opportunity to acquire an apartment for sale in Toronto , located at 40 Homewood Avenue, Toronto. This well-appointed condo apartment is situated in the vibrant community of Cabbagetown-South St. James Town, offering a unique blend of urban living and serene surroundings. Priced attractively at £299,900, this unit presents an excellent chance for first-time buyers or investors seeking a property in one of Toronto's most sought-after areas.

The building itself is a recently renovated, well-managed structure that boasts a range of amenities designed to enhance your living experience. As you enter the apartment at 40 Homewood Avenue, Toronto, you will be greeted by a bright and airy living space. The unit features a total of three rooms, including a clean and functional kitchen located on the main floor. Although the apartment does not include a den or additional kitchen, it compensates with ample closet space and a well-equipped four-piece bathroom.

One of the standout features of this apartment for sale in Toronto is the large west-facing balcony, which offers stunning city views. Positioned on the 17th floor, the apartment is high enough to provide a picturesque outlook over the tree-lined streets below, making it a perfect spot to unwind after a long day. The absence of air conditioning may be a consideration for some, but the radiant heating system ensures a warm and comfortable environment during the colder months.

While the apartment does not come furnished, this allows for the new owner to personalise the space to their taste. The building itself is equipped with a range of facilities that enhance the living experience. Although there is no swimming pool or fireplace within the apartment, residents can enjoy access to guest suites, a gym, and a party room, making it an ideal setting for social gatherings. Furthermore, the convenience of underground parking is available, although this particular unit does not include a dedicated parking space.

The location of 40 Homewood Avenue, Toronto, is another significant advantage. Nestled in the heart of the city, residents can take full advantage of the vibrant community and all it has to offer. From local shops and restaurants to parks and cultural attractions, everything is within easy reach. The low condo fees, which include all utilities, provide an economical living solution, allowing you to save money while enjoying the comforts of city life.

For those seeking an apartment for sale in Toronto, this unit is a rare find. The absence of additional land or a basement may limit expansion possibilities, but the strategic location and well-maintained building more than compensate for this. With no central vacuum system and no additional features, the focus remains on the essentials, making this property a straightforward choice for those looking for simplicity and functionality.

In conclusion, 40 Homewood Avenue, Toronto, presents a fantastic opportunity for anyone in the market for an apartment for sale in Toronto. With its prime location, well-managed building, and attractive price point, this condo apartment is ready for you to move in and make it your own. Don’t miss out on the chance to secure a home in a thriving community that offers both convenience and charm. Act quickly, as opportunities like this do not last long in the bustling Toronto real estate market.

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 boasts charming Victorian homes, lush gardens, and a strong sense of community spirit, making it an appealing place for those seeking a blend of urban convenience and residential charm. With an array of local shops, cafes, and parks, residents enjoy a lively atmosphere while being just a stone's throw away from the bustling downtown core. The neighbourhood is well-connected by public transport, ensuring easy access to the city's myriad attractions. Whether you're drawn to its historical architecture or the friendly, inclusive vibe, Cabbagetown-South St. James Town offers a unique living experience in one of Toronto's most beloved districts.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of just 0.2 to 0.4 km, you will find notable schools such as Church Street Junior Public School and Our Lady of Lourdes Catholic School, both offering elementary education in English for grades JK to 8. Church Street Junior Public School has a respectable rating of 6.4, while Our Lady of Lourdes follows closely with a rating of 5.5. For older students, Jarvis Collegiate Institute, located only 0.3 km away, provides secondary education (grades 9 to 12) and has a rating of 5.9. Additionally, St. Joseph's College School, 1.1 km from the property, offers a strong Catholic education for high school students with a commendable rating of 7.6. Families can also consider other options like Winchester Junior and Senior Public School and Holy Name Catholic School, which cater to various grades and languages of instruction. Overall, the diverse educational landscape nearby ensures that your children will have access to quality schooling, enhancing the appeal of this property for potential buyers.

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 demographic profile indicates a mature community, with an average age of 46.1 years. Economic data reveals an average household income of $98,100, although 10.6% of the population falls within the low-income bracket. The real estate market shows an average property price of $652,000, with a significant portion of the community being renters at 42.43%. Notably, 54.44% of the population is single, and only 16.67% of households have children, suggesting a preference for smaller living arrangements. The area is also home to a diverse population, with 34.8% of residents being immigrants. A high level of education is evident, as 79.64% of the population holds a college or university degree. Additionally, a majority of housing options are condominiums, making up 74.69% of the market. However, a considerable 26.66% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a blend of educational attainment, diversity, and a preference for condominium living, appealing to a variety of potential residents.