1702 - 40 Homewood Avenue

Nestled in the vibrant heart of Cabbagetown-South St. James Town, this delightful condo for sale in Toronto at 40 Homewood Avenue, Toronto, is a gem waiting to be discovered. With its prime location and extensive upgrades, this two-bedroom apartment offers a unique blend of comfort and convenience, making it an ideal choice for anyone looking to embrace city living.

As you step into this spacious unit, you'll immediately appreciate the thoughtful design and layout. With a total of five rooms, including two well-proportioned bedrooms, this condo for sale in Toronto provides ample space for relaxation and entertaining. The living area is bathed in natural light, creating a warm and inviting atmosphere. Although the apartment is unfurnished, it presents a blank canvas for you to personalise and make your own.

The kitchen is designed in a flat style, providing a functional space for cooking and dining. While there is no additional kitchen, the main kitchen is well-equipped for all your culinary needs. Residents will benefit from the wall-mounted air conditioning unit, ensuring comfort throughout the year, even during the warm summer months.

One of the standout features of this condo for sale in Toronto is the extensive upgrades made to the building's common areas. The lobby, corridors, and elevators have all been modernised, creating a welcoming environment for residents and guests alike. Monthly maintenance fees cover all utilities, including cable television and high-speed internet, making it easy to stay connected and entertained.

Although this unit does not come with a pool or a fireplace, residents can still enjoy a wealth of amenities within the building. A fully equipped fitness centre allows you to maintain an active lifestyle without having to leave home. Additionally, the building features a sauna, party room, community library, and BBQ terrace, perfect for social gatherings or simply unwinding after a long day. For those who cycle, there is also bike storage available.

The location of 40 Homewood Avenue, Toronto, is truly unbeatable. Just a stone's throw away from the TTC, you’ll have easy access to public transport, making commuting a breeze. The nearby TMU (Toronto Metropolitan University) and Allan Gardens provide a lovely backdrop for leisurely strolls, while the vibrant shops and restaurants of Cabbagetown offer a delightful array of options for dining and entertainment. This pet-friendly community is perfect for animal lovers who want to enjoy the perks of city living without sacrificing their furry friends.

While this condo for sale in Toronto does not include a garage or parking space, the underground garage provides secure storage for bicycles and other belongings. The generous visitor parking ensures that your guests will always have a place to park when they come to visit.

In summary, this two-bedroom apartment at 40 Homewood Avenue, Toronto, is an excellent opportunity for anyone looking to settle in a lively neighbourhood that perfectly balances character and convenience. With its array of amenities, modern upgrades, and prime location, this condo for sale in Toronto is not to be missed. Whether you're a first-time buyer or looking to downsize, this spacious unit is ready to welcome you home. Don’t hesitate to arrange a viewing and experience all that this fantastic property has to offer!

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 diverse mix of residents, offering a unique tapestry of cultures and lifestyles. With its lush parks, quaint cafes, and a variety of local shops, Cabbagetown-South St. James Town provides a delightful urban experience while maintaining a strong sense of community spirit. The proximity to downtown Toronto ensures easy access to a wealth of amenities, entertainment, and public transport, making it an ideal location for those seeking both the hustle and bustle of city life and the tranquillity of a close-knit neighbourhood.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance, you'll find Church Street Junior Public School (0.3 km), offering grades JK to 6 with a school rating of 6.4, and Winchester Junior and Senior Public School (0.4 km), which serves grades SK to 8. For secondary education, Jarvis Collegiate Institute is just 0.3 km away, catering to grades 9 to 12 with a rating of 5.9. Additionally, Our Lady of Lourdes Catholic School (0.2 km) provides a Catholic education for grades JK to 8 and has a rating of 5.5. St. Joseph's College School (1.1 km) offers grades 9 to 12 with a commendable rating of 7.6. Other nearby schools include Lord Lansdowne Junior Public School (2.2 km) and Holy Name Catholic School (2.7 km), both providing a range of elementary education options. Overall, this area boasts a diverse selection of schools, both public and Catholic, ensuring that families have access to quality education within close proximity to their new home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,194 residents, characterized by an average household size of 1.6 individuals. The demographic profile indicates a mature population with an average age of 46.1 years. The average household income stands at $98,100, with 10.6% of the population classified as low-income. Housing prices are relatively high, with an average price of $652,000. The community is predominantly single, with 54.44% of individuals not married, and households with children make up 16.67% of the population. A significant portion of the residents, 34.8%, are immigrants, contributing to the area’s cultural diversity. The rental market is notable, with 42.43% of the population renting their homes, and a substantial majority of 74.69% living in condominiums. Education levels are impressive, as 79.64% of residents have attained college or university degrees. However, it is worth noting that 26.66% of the population is not in the labor force, indicating a potential demographic trend of early retirement or other factors influencing employment status. Overall, this area presents a blend of educational attainment, diverse backgrounds, and a mix of homeowners and renters.