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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 Jan 2026
  • Condo Apt

1404 - 40 Homewood Avenue

Toronto, Cabbagetown-South St. James Town
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 500,000
Listed Price: $ 500,000
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Key Facts About 1404 - 40 Homewood Avenue, Toronto

  • Tax $2,277 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $769.03
  • Size 700 - 799 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12602424
  • Data Source PROPTX
  • Days on Market 44
  • Listed On 04/12/2025
  • Updated On 19/01/2026
  • Market Demand
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Description

Welcome to The Residences of 40 Homewood. Offering a true relaxed lifestyle experience in the heart of downtown Toronto. This spacious 1-bedroom plus large separate den/alcove is approximately 740 sq. ft.; and is over 150 sq. ft. larger than the city average for a one bedroom. The versatile den/alcove makes a great home home office with an 7 foot floor to ceiling window showcasing a spectacular sunrise view. The bright, open-concept layout features a previously updated modern kitchen with centre island, updated bathroom and lighting throughou

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Property Details of 1404 - 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 7
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Other
  • Heating Type Radiant
  • Heating Fuel Electric

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick Front
  • Amenities Bus Ctr (WiFi Bldg), Gym, Indoor Pool, Party Room/Meeting Ro...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Zoning Residential
  • Cross Street Carlton & Jarvis university district

Features

  • Arts Centre Y
  • Clear View Y
  • Hospital Y
  • Park Y
  • Public Transit Y
  • Rec./Commun.Centre Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,650

Rental Yield

5.75%

School Score

7.8/10

Rental Score

5/5

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Rooms

Kitchen (3.34 metre)
Kitchen
Level: Flat
Foyer (2X1.5 metre)
Level: Flat
Dining Room (2.63 metre)
Dining Room
Level: Flat
Den (3.09 metre)
Den
Level: Flat
Bathroom (2.2 metre)
Bathroom
Level: Flat
Primary Bedroom (5.07 metre)
Primary Bedroom
Level: Flat
Other (2.68X2.68 metre)
Level: Flat
Living Room (5.9 metre)
Living Room
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

$1,338

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $769
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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 1404 - 40 Homewood Avenue, Toronto

Introducing a remarkable opportunity to own a stunning condo for sale in Toronto , located at 40 Homewood Avenue, Toronto. This exceptional property is situated in the vibrant Cabbagetown-South St. James Town community, offering a unique blend of urban convenience and residential charm. With its prime location, residents can enjoy easy access to a variety of local amenities, including shops, restaurants, and parks, making it an ideal choice for those seeking a dynamic lifestyle.

This spacious condo apartment features an impressive layout, encompassing a generous area of 760 square feet. The property boasts one well-appointed bedroom and a den, providing ample space for both relaxation and productivity. The open concept kitchen is a standout feature, designed with modern living in mind. It includes a flat layout complemented by a sleek quartz countertop and an island, perfect for casual dining or entertaining guests. The laminate floors throughout the living spaces add a touch of elegance and are easy to maintain, enhancing the overall appeal of this condo for sale in Toronto.

One of the highlights of this property is the large rectangle balcony, which extends the living space outdoors and offers a delightful spot to enjoy fresh air and city views. The new bathroom adds a contemporary touch, ensuring that the home is both stylish and functional. While the condo does not include a family room or a fireplace, the overall design maximises the available space, creating a welcoming atmosphere.

The amenities of this building enhance the living experience further. Although there is no pool on the premises, the condo fees cover all utilities, providing a hassle-free living arrangement. The property is unfurnished, allowing new owners the flexibility to personalise their space according to their tastes and preferences. Additionally, the apartment is equipped with internet access, ensuring that residents can stay connected in today’s digital age.

At 40 Homewood Avenue, Toronto, the heating system is radiant, providing a comfortable environment throughout the year. The absence of a central vacuum system, basement, or additional land does not detract from the overall appeal of this condo for sale in Toronto. Instead, the focus remains on the convenience and comfort that this property offers. For those who require parking, the condo includes one underground garage space, ensuring that your vehicle is secure and easily accessible.

The total number of rooms in this apartment is seven, including the den, which adds versatility to the living space. This makes it an excellent option for professionals or couples looking for a well-located home that meets their needs without compromising on style or comfort. The Cabbagetown-South St. James Town community is known for its friendly atmosphere and diverse culture, making it a fantastic place to call home.

In summary, this condo for sale in Toronto at 40 Homewood Avenue, Toronto, presents an exceptional opportunity for buyers seeking a spacious and modern living environment. With its thoughtful design, convenient amenities, and prime location, this property is sure to attract interest from a variety of potential homeowners. Whether you are a first-time buyer or looking to downsize, this condo offers everything you need for a comfortable urban lifestyle. Don’t miss your chance to make this beautiful apartment your new home in the heart of Toronto.

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. Characterised by its tree-lined streets and a diverse mix of residents, this area offers a unique blend of urban living and community spirit. The historic Cabbagetown, once known for its market gardens, is now celebrated for its colourful houses and lively arts scene, while South St. James Town features a more contemporary vibe with high-rise apartments and convenient amenities. Residents enjoy easy access to parks, local shops, and a variety of eateries, all within a short distance of the bustling downtown core, making it an ideal place for those seeking a dynamic urban lifestyle with a strong sense of character.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it an excellent 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 elementary education in English for grades JK to 8, with ratings of 6.4 and 5.5, respectively. Winchester Junior and Senior Public School, also nearby (0.4 km), caters to grades SK to 8, though it currently has no rating available. For older students, Jarvis Collegiate Institute (0.3 km) provides high school education (grades 9 to 12) with a rating of 5.9, while St. Joseph's College School (1.1 km) offers a strong Catholic high school experience with a rating of 7.6. Additionally, Holy Name Catholic School (2.7 km) and St. Mary Catholic School (3.1 km) provide further options for younger students, with ratings of 7.3 and 5.7, respectively. The diversity of schools, including both public and Catholic options, as well as varying language programs, ensures that families have access to quality education tailored to their preferences.

FAQs About 1404 - 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 includes 1 additional bedrooms.

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 700 - 799.

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 features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 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 $769.03.

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 Radiant.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1404 - 40 Homewood Avenue, Toronto

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Listing History

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