Condo for sale at 2217-40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town, M4Y 2K2 - MLS: C12159215

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2217-40 Homewood Avenue

Toronto, Ontario, M4Y 2K2

$550,000

Neighbourhood

Cabbagetown-South St. James Town
Major Intersection

Jarvis St / Carlton St

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

1
Square Feet

600-699
Exposure

North West
Total Parking

1 Underground Garage
Maintenance

$724
Taxes

$2,146.00 (2024)
Balcony

Open

Property description for 2217-40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town, M4Y 2K2

Built in an era where condos were built like homes, 40 Homewood Ave is a standout address in a sea of shoebox condos and nameless neighbours. With its depth of community and that Classic Toronto charm, the affordable pricing just gives you the perfect reason to consider this as your new home. A rarely available 2-bedroom opportunity at this iconic address, this bright, updated suite offers a clear west-facing view from an oversized private balcony perfect for sunset unwinding or entertaining.Inside, you'll find thoughtful upgrades throughout, including floor to ceiling windows with sliding doors, a stylish kitchen with modern finishes (granite counters) and a built-in Murphy bed in the second bedroom. Laminate runs throughout, and the open-concept living and dining area is bathed in natural light thanks to wall-to-wall windows. 40 Homewood is not just any condo its one of Toronto's first purpose-built condominium residences, with a reputation for exceptional community spirit and long-term resident satisfaction with stellar online reviews to boast (Google "40 Homewood Reviews")! It has stood the test of time through thoughtful management and major renovations to common areas including the lobby, hallways, elevators, andmore. Monthly maintenance fees include ALL utilities, cable TV, and high-speed Internet. Enjoy top-tier amenities: a full fitness centre, 20m (65ft) indoor pool, sauna, community library, party room, BBQ terrace, bike storage, 24/7 concierge and ample visitor parking. This is an inclusive, pet-friendly building with a strong sense of community in a vibrant and central location (see resident webpage in the list of links). Steps to TTC, TMU, Allan Gardens, The Village, and Cabbage towns charming shops and restaurants, this home blends heritage charm with urban convenience. Whether you're a first-time buyer, downsizer, or investor, this is a chance to join one of downtowns most well-established and welcoming buildings. Vacant and easy to see.See it today!

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

C12159215
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Rental
Locker

Exclusive
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Concierge,Gym,Indoor Pool,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Cable, Heat, Hydro, Water
Property Management

Crossbridge Property Mgt
Heat

Radiant
A/C

Wall Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12159215
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Rental
Locker

Exclusive
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Concierge,Gym,Indoor Pool,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Cable, Heat, Hydro, Water
Property Management

Crossbridge Property Mgt
Heat

Radiant
A/C

Wall Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

4.2 x 4.39 ft null level
Dining

4.2 x 4.39 ft null level
Kitchen

3.0 x 1.85 ft null level
Primary

3.39 x 3.46 ft null level
2nd Br

2.78 x 3.24 ft null level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History for 2217-40 Homewood Avenue, Toronto, Cabbagetown-South St. James Town, M4Y 2K2

This property has been sold 1 time before.

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Local Real Estate Price Trends

Active listings

Average Selling Price of a Condo Apt

April 2025

$621,667

Last 3 Months

$618,202

Last 12 Months

$614,746

April 2024

$709,971

Last 3 Months LY

$706,090

Last 12 Months LY

$703,873

Change

14%

Change

14%

Change

14%

Historical Average Selling Price of a Condo Apt in Cabbagetown-South St. James Town

Average Selling Price

3 years ago

$1,233,000

Average Selling Price

5 years ago

$560,000

Average Selling Price

10 years ago

$371,318

Change

98%

Change

-10%

Change

-40%

How many days Condo Apt takes to sell (DOM)

April 2025

Last 3 Months

Last 12 Months

April 2024

Last 3 Months LY

Last 12 Months LY

Change

-64%

Change

-51%

Change

-32%

Average Selling price

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Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.