Unit 316, 40 Homewood Avenue
Toronto (Cabbagetown-South St. James Town), ON M4Y 2K2
40 Homewood Avenue Condos31 storeys, 492 suites, built 1972- 2Bedrooms
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- $2,317Tax
- $764/moCondo Fee
Estimated Value:$520,412See Free Estimate Report
Sale & Price History for Unit 316, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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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 316, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town
Summarized Description
- Bright corner unit with floor-to-ceiling windows.
- Move-in ready with updated kitchen.
- Well-kept building with community atmosphere.
- Includes high-speed internet and utilities.
- Close to subway stations and downtown amenities.
- Offers a heated indoor pool and gym.
- Natural light throughout the unit.
- Located near Cabbagetown and major attractions.
Welcome to Unit 316 at 40 Homewood Ave a bright, well-kept corner 2-bedroom suite offering a rare sense of calm in the heart of downtown Toronto. Floor-to-ceiling windows in every room frame mature trees and bring in beautiful natural light, while updated closet doors and a well-maintained kitchen make this home move-in ready. This exceptionally well-managed building offers a welcoming community and an impressive collection of amenities, including a heated indoor pool, sauna, gym, updated party room and outdoor BBQ area. Maintenance fees include high-speed internet, cable TV and all utilities an added convenience and value. Ideally located minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm in the middle of everything and a move-in-ready opportunity in the heart of Toronto.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,317
- Land Transfer Tax Fee
- $14,150
Condo/Maintenance Fee
- Maintenance Fee
- $764 /month
Included In Maintenance Fee
- Heat Included
- Hydro Included
- Water Included
- Cable TV Included
- Common Elements Included
- Building Insurance Included
Rental Items
- Parking Garage Cost
- $110 /month
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Coin Operated, In Building
- Interior Extras
- Carpet Free
- Security Features
- Concierge/Security, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Bike Storage
- Concierge
- Elevator
- Gym
- Indoor Pool
- Recreation Room
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- 40 Homewood Ave Condos
- Approx Age
- 51-99
- Condo Corp Number
- 75
Construction
- Exposure
- East
- Exterior Finish
- Brick
- Special Designation
- Accessibility
Inclusions
- Inclusions
- Fridge, Stove, wall unit A/C, All electrical fixtures, Locker (exclusive use). Condo fees Inclusive of all utilities: Heat, Hydro, Water, Bell Fibe T.V, Internet. Underground parking (not owned) available (if required) through building at $110 per month. Laundry in basement.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Rental
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
- Locker Number
- 161
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Wall Unit(s)
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level, Window Floor to Ceiling, Carpet Free, Open Concept
- Kitchen—Main level, Backsplash, Stone Counters, Tile Floor
- Primary Bedroom—Main level, Ceiling Fan(s), Carpet Free, Window Floor to Ceiling
- Bedroom 2—Main level, Ceiling Fan(s), Carpet Free, Window Floor to Ceiling
Washrooms
- 4-piece, Main
- Municipality
- Toronto
- Neighbourhood
- Cabbagetown-South St. James Town
- Main cross streets
- Jarvis/Carlton
- Directions
- Jarvis/Carlton
- MLS® number
- C13873366
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-07
- Updated on
- 2026-10-07
- Days on market
- 8 days
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- PROPERTY.CA INC.
Home Market Value
Current home valuation for Unit 316, 40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $530,000
HOMEH Estimate
$520,412
Estimated Sales Range
$411,125 - $629,699
HOMEH Estimate for Unit 316, 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.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $30,000 over $500K
$28,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,076 | $14,787 | $12,614 | $0 |
=Total mortgage | $521,986 | $491,787 | $463,114 | $424,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,549monthly | $2,401monthly | $2,261monthly | $2,070monthly |
Land Transfer Tax
$7,075
$7,075
$14,150
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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