Condo for sale at 3111-40 Homewood Avenue, Toronto, Ontario, M4Y 2K2 - Cabbagetown-South St. James Town - MLS: C12361948

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3111-40 Homewood Avenue

Toronto, Ontario, M4Y 2K2 - Cabbagetown-South St. James Town

$399,900

Neighbourhood

Cabbagetown-South St. James Town
Major Intersection

Jarvis & Carlton

Listed Since: 27 day(s)
Last update: today

Overview

Property Type

Condo Apt, Bachelor/Studio
Bedrooms

n/a
Bathrooms

1
Square Feet

0-499
Exposure

West
Total Parking

1
Maintenance

$396
Taxes

$1,711.78 (2025)
Balcony

Open

Property Description

Property description for 3111-40 Homewood Avenue, Toronto

Welcome to your newly renovated condo at 40 Homewood Avenue. This beautiful bachelor condo has been transformed from top to bottom and is ready for you to move in and enjoy. This bright, west-facing unit boasts brand-new flooring throughout, creating a seamless and "like home" feel. The new kitchen has been given a new facelift with newer cabinetry and new countertops, complemented by a new stainless steel appliances. This space offers the best of both worlds: a versatile sleeping area where a buyer can add a bifold partition to adjust natural light and privacy, and a large closet for all your wardrobe needs. The washroom has also been beautifully redone with modern finishes. The spacious main living area features a walkout to a large private balcony, offering stunning views and a perfect spot for morning coffee or evening relaxation. The unit is complete with a generously sized closet for ample storage, and a separate locker for your convenience. Located in a prime downtown location, you're just steps away from TTC, Toronto Metropolitan University, and the vibrant communities of Cabbagetown and Church-Wellesley Village. The well-managed building offers an array of fantastic amenities, including a concierge, a huge indoor pool, a fully equipped gym, and an outdoor terrace with BBQs. This unit is an exceptional opportunity for a student, professional, or couple seeking a turn-key, stylish home in the heart of the city. Parking can be rented from management for approximately $100 per month. Do not miss out on this opportunity. Please note some of these pictures have been virtually staged.

Listed by SOLID ROCK REALTY

Property details

MLS #

C12361948
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

51-99
Basement

None
View

n/a
Garage

Underground
Parking Type

Rental
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Hydro
Property Management

ICC Property Management Ltd.
Heat

Radiant
A/C

Window Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12361948
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

51-99
Basement

None
View

n/a
Garage

Underground
Parking Type

Rental
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Hydro
Property Management

ICC Property Management Ltd.
Heat

Radiant
A/C

Window Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Contact Manoj Kukreja

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

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Local Real Estate Price Trends for Condo Apt in Cabbagetown-South St. James Town

Active listings

Average Selling Price of a Condo Apt

August 2025

$542,900

Last 3 Months

$541,739

Last 12 Months

$611,119

August 2024

$602,438

Last 3 Months LY

$606,107

Last 12 Months LY

$670,739

Change

-10%

Change

-11%

Change

-9%

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

Average Selling Price

3 years ago

$652,714

Average Selling Price

5 years ago

$609,063

Average Selling Price

10 years ago

$384,407

Change

-17%

Change

-11%

Change

41%

Number of Condo Apt Sold

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

-37%

Change

-25%

Change

-29%

How many days Condo Apt takes to sell (DOM)

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

-23%

Change

20%

Change

40%

Average Selling price

Inventory Graph

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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

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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.