1606 - 40 Homewood Avenue

Nestled in the heart of Toronto, at 40 Homewood Avenue, this delightful apartment for sale in Toronto presents an exceptional opportunity for those seeking a vibrant urban lifestyle. This one-bedroom condo is bright, spacious, and thoughtfully updated, making it a perfect fit for first-time buyers, professionals, or investors looking for long-term value in one of the city's most sought-after areas.

The apartment is located in the well-regarded Cabbagetown-South St. James Town community, a neighbourhood known for its rich history and charming streets. With its convenient position at 40 Homewood Avenue, Toronto, residents will find themselves just moments away from a plethora of amenities. The surrounding area boasts easy access to public transport, including the TTC, making commuting a breeze. Additionally, the proximity to Toronto Metropolitan University, Church-Wellesley Village, and a variety of parks, restaurants, and shops adds to the allure of this location.

As you step into this lovely condo, you will immediately notice the open-concept design that enhances the sense of space and light. The renovated kitchen features modern stainless steel appliances and flows seamlessly into the combined living and dining area. This inviting space is adorned with hardwood floors and offers a walk-out to a large private balcony, where you can enjoy unobstructed views of the city to the east and south—perfect for sipping your morning coffee or unwinding after a long day.

The bedroom is generously sized and has been upgraded with a ductless air conditioning unit, ensuring that you remain comfortable throughout the year. The stylishly updated washroom and ample closet space further enhance the functionality of this move-in-ready suite. With a total of four rooms, including one bedroom and one bathroom, this apartment for sale in Toronto is designed to meet the needs of modern living.

While the building does not feature a swimming pool or a fireplace, it does offer a range of other amenities that residents will surely appreciate. The recently renovated lobby and hallways create a welcoming atmosphere, while the well-maintained common areas reflect the care and attention that has gone into managing this building. Furthermore, the maintenance fees cover all utilities—heat, hydro, water, cable TV, and internet—making budgeting simple and predictable.

For those who require parking, there is an underground garage space available for approximately £100 per month, managed through the building's administration. This is a valuable addition, especially in a bustling urban environment like Toronto, where parking can often be a challenge.

Living at 40 Homewood Avenue, Toronto, means you are ideally situated to enjoy all that the city has to offer. Whether you are looking to explore the vibrant nightlife, indulge in the diverse culinary scene, or simply enjoy a leisurely stroll through the nearby parks, this location has it all. The apartment for sale in Toronto is not just a home; it is a gateway to a dynamic lifestyle in one of Canada’s most exciting cities.

In summary, this one-bedroom condo at 40 Homewood Avenue, Toronto, represents an outstanding opportunity for anyone seeking comfort, convenience, and long-term value. With its thoughtful updates, prime location, and a host of amenities, it truly is an apartment for sale in Toronto that should not be missed. Whether you are an end user or an investor, this property promises to deliver a fulfilling urban living experience. Don’t miss your chance to make this charming apartment your new home!

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 choice for those seeking a unique urban experience. The streets are lined with an array of independent shops, cafes, and restaurants, offering a delightful mix of cultural influences. Additionally, the proximity to parks and green spaces provides a welcome respite from city life, while excellent public transport links ensure easy access to the wider city. Cabbagetown-South St. James Town is an inviting enclave that beautifully balances the hustle and bustle of urban living with a warm, neighbourly atmosphere.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, 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 elementary education with ratings of 6.4 and 5.5, respectively. Winchester Junior and Senior Public School is also nearby at 0.4 km, providing education from SK to grade 8, although it currently has no rating. For older students, Jarvis Collegiate Institute (0.3 km) offers grades 9 to 12 with a rating of 5.9, while St. Joseph's College School (1.1 km) provides a strong Catholic education for high school students, boasting a rating of 7.6. Additionally, Holy Name Catholic School (2.7 km) and St. Mary Catholic School (3.1 km) offer French language options for younger students. Overall, this area is rich in educational opportunities, catering to various preferences and needs, ensuring that families have access to quality schooling within close proximity.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 3,194 residents, with an average household size of 1.6. The community has a median age of 46.1 years, indicating a mature population. The average household income stands at $98,100, with 10.6% of residents classified as low-income. The average property price in the area is $652,000, reflecting a relatively affluent neighborhood. A significant portion of the population, 54.44%, is single, while only 16.67% of households have children, suggesting a trend towards smaller family units. The area is diverse, with 34.8% of residents being immigrants. Additionally, 42.43% of households are renters, and a substantial majority of 74.69% live in condominiums, highlighting a preference for multi-family housing. Education levels are notably high, with 79.64% of residents holding a college or university degree. However, 26.66% of the population is not in the labor force, which may reflect retirement or other factors. Overall, this community is characterized by its educated, diverse, and predominantly single demographic, along with a strong rental market and a preference for condominium living.