40 Homewood Avenue Condos condo building exterior
High-Rise Condo

40 Homewood Avenue Condos

by Rose Park Howard Investments Limited

40 Homewood Avenue, Toronto, ON M4Y 2K2

Year Built

1972

Total Units

492

Avg $/sqft

$707

Storeys

31

Available Units in 40 Homewood Avenue Condos

4

Units for sale

From $359,000

Photo of Unit 2108, 40 Homewood Avenue
For SaleCity View
Listed for:

Listed Jun 26, 2026

$359,000

Unit 2108, 40 Homewood Avenue

Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2

1Bedroom
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Sale

Photo of Unit 414, 40 Homewood Avenue
For Sale
Listed for:

Listed 7 days ago

$469,000

Unit 414, 40 Homewood Avenue

Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2

1Bedroom
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2201, 40 Homewood Avenue
For Sale
Listed for:

Listed Mar 18, 2026

$489,000

Unit 2201, 40 Homewood Avenue

Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2

2 + 1Bedrooms
1Bathroom
0Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 316, 40 Homewood Avenue
For SaleCorner Unit
Listed for:

Listed 8 days ago

$530,000

Unit 316, 40 Homewood Avenue

Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2

2Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

1

Unit for rent

From $2,150/mo

Photo of Unit 2810, 40 Homewood Avenue
For RentCity View
Listed for:

Listed 10 days ago

$2,150

Unit 2810, 40 Homewood Avenue

Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2

1Bedroom
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

At 31 storeys tall, with a classic brick and concrete block exterior — nobody could be blamed for overlooking this building. With shiny glass towers popping up in every corner of the city, condos like 40 Homewood Avenue Condos aren’t at the top of most prospective buyers lists — but they should be.

Appearances can be deceiving, and if you look past the drab structure, you’ll find a ton of potential. To start, residents are welcomed home by a manicured garden, shrouded by mature trees. Once inside, this condo provides a wealth of updated amenities — fitness centre, pool, sauna, hobby room, meeting room, recreation room, library, and more.

Another appealing aspect of this condo — especially for those who are seeking a long term residence — is that pets are welcome, and the building is conveniently located within a few minutes of a dog park at Allan Gardens.

Whether you’re a first time home buyer, a young professional, or an empty nester who’s downsizing from a detached home — these condos represent a great investment opportunity, at a very affordable price.

Developer

Rose Park Howard Investments Limited

Year Built

1972

Property Type

High-Rise Condo

Storeys

31

Total Units

492

Management

Crossbridge Condominium Services Ltd.

Amenities

Indoor Pool

Fitness Centre

Sauna

Visitor Parking

Party Room

Bike Storage

24/7 Concierge

Price History

91 records
Loading history…

Market Stats

Prices in 40 Homewood Avenue Condos are down 7.0% compared to last year.

$707

Avg $/sqft

-7.0%

YoY change

39

Avg days on market

Location & Walkability

Walk Score

94/100

Daily errands on foot

Transit Score

96/100

TTC, GO, subway access

Bike Score

75/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Cabbagetown

community-oriented walkable family-friendly

Cabbagetown is a charming neighbourhood in Toronto known for its community feel. It offers a mix of parks, shops, and schools, making it a pleasant place to live.

Cabbagetown, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong community atmosphere
  • Good school ratings
  • Many dining options
  • Plenty of parks for recreation

Keep in mind

  • No current homes for sale or rent
  • Prices may be above city median

The feel of the placeLifestyle

Daily life in Cabbagetown is relaxed, with easy access to amenities and green spaces. Residents enjoy a vibrant community with many local shops and cafes.

Great for first-time buyers families young professionals

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside Cabbagetown's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

Sources: HOMEH listings, OpenStreetMap, © OpenStreetMap contributors (ODbL), Photo: © Wikimedia Commons contributors (CC BY-SA)