Sold for:Sold Nov 9, 2025
$535,000

Unit 2417, 40 Homewood Avenue

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

Condo Apartment SoldNot available
40 Homewood Avenue Condos exterior40 Homewood Avenue Condos31 storeys, 492 suites, built 1972

Property not available for sale or for rent.

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Sale & Price History for Unit 2417, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town

2025-08-18
2025-11-09
Sold
Price
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MLS#
c12351428

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 2417, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town

Welcome to suite 2417 at 40 Homewood Avenue, a rare opportunity to own a spacious two bedroom condo in one of Toronto's most iconic and well-established residences. Built in an era when quality and community came first, this building continues to stand out for its solid construction, timeless design and unbeatable value. This bright, west-facing suite boasts wall-to-wall windows and a private oversized balcony with clear views - perfect for sunset cocktails, morning coffee or entertaining. Inside, you'll find a thoughtful layout with two generous bedrooms, a modernized kitchen with granite counters, and updated finishes throughout. The open concept living and dining area is flooded with natural light, making it feel warm and inviting year-round. At 40 Homewood, you don't just buy a condo - you join a vibrant community. This pet-friendly building has been thoughtfully renovated, with a refreshed lobby, updated hallways and modernized amenities. Monthly fees are truly all-inclusive - covering heat, hydro, cable TV and high speed internet - giving you peace of mind and real value in today's market. Amenities rival downtown's finest: 20m indoor pool, gym, yoga studio, hobby & craft rooms, party room with professional gourmet kitchen, BBQ terrace, reading rooms, community library, sauna and bike storage. Nestled among landscaped greenspace with benches and walking paths, it's a rare urban retreat in the heart of the city. Steps to TTC, TMU, Allan Gardens, The Village, Cabbagetown shops & dining, St. Lawrence Market, and the financial district, this location connects you to everything Toronto has to offer. Whether you're a first-time buyer, savvy investor, or downsizer looking for comfort and convenience, this is a chance to call one of downtown's most welcoming communities home.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,260
Land Transfer Tax Fee
$14,350

Condo/Maintenance Fee

Maintenance Fee
$724 /month

Included In Maintenance Fee

  • Heat Included
  • Hydro Included
  • Water Included
  • Cable TV Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Coin Operated
Interior Extras
Carpet Free
Security Features
Concierge/Security
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Community BBQ
  • Exercise Room
  • Indoor Pool
  • Visitor Parking
  • Recreation Room
  • Party Room/Meeting Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
75

Construction

Exposure
East
Exterior Finish
Brick, Concrete
Special Designation
Unknown

Inclusions

Inclusions
All existing appliances, ELFs and window coverings.

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
Rental
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Window Unit(s)

Bedrooms
2
Washrooms
1
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Foyer—
    Flat level
  • Living Room—
    Flat level
  • Dining Room—
    Flat level
  • Kitchen—
    Flat level
  • Primary Bedroom—
    Flat level
  • Bedroom—
    Flat level
  • Bathroom—
    Flat level

Washrooms

  • 3-piece, Flat

Municipality
Toronto
Neighbourhood
Cabbagetown-South St. James Town
Main cross streets
Jarvis & Carlton St
Directions
Jarvis & Carlton St
Waterfront
None

MLS® number
C12351428
Data source
Toronto Regional Real Estate Board
Status change
2025-11-09
Listed on
2025-08-18
Days on market
83 days
Possession date
2025-11-01
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
SKYBOUND REALTY

Home Market Value

Current home valuation for Unit 2417, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $535,000

HOMEH Estimate

?

$523,500

Estimated Sales Range

?

$413,565 - $633,435

HOMEH Estimate for Unit 2417, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$523,500Medium confidence
Based on 12 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $35,000 over $500K

Minimum down payment

$28,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,244$14,927$12,733$0
=Total mortgage
$526,354$496,427$467,483$428,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,570monthly$2,424monthly$2,282monthly$2,090monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,175

Municipal (Toronto)

$7,175

Total Land Transfer Tax

$14,350

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10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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