Condo for sale at 1011-40 Homewood Avenue, Toronto, Ontario, M4Y 2K2 - Cabbagetown-South St. James Town - MLS: C12245242

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1011-40 Homewood Avenue

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

$339,000

Virtual Tour

Neighbourhood

Cabbagetown-South St. James Town
Major Intersection

Carlton St & Jarvis St

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

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

n/a
Bathrooms

1
Square Feet

0-499
Exposure

West
Total Parking

n/a
Maintenance

$396
Taxes

$1,623.71 (2024)
Balcony

Open

Property Description

Property description for 1011-40 Homewood Avenue, Toronto

Welcome to #1011 at 40 Homewood Ave, an excellent opportunity to own a cute studio condo in a great location for less than $340K! Situated conveniently close to a number of desirable spots: historic Cabbagetown neighbourhood, Yonge & College, Church & Wellesley, Toronto Metropolitan University, and more. Stroll to U of T, Eaton Centre, and Yonge & Dundas Square. Easy access to TTC (just steps to the College streetcar and a short walk to the College subway station). The unit has been freshly painted and features new vinyl flooring, separate kitchen, walkout to huge west-facing balcony with city views, and full 4-piece bath. Enjoy oodles of storage, with two large closets PLUS a locker. Maintenance fees include all utilities and the building offers plenty of excellent amenities: concierge, huge indoor pool, gym, party room with billiards, meeting room, outdoor terrace with BBQ's, library, laundry room, guest suites, and visitor parking. Potential to rent an underground parking spot from management for $100 per month (speak to listing agent for details). Floor plan is attached. Unit is unfurnished (virtual staging has been added to some of the photos).

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

C12245242
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

Exclusive
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, Water
Property Management

ICC Property Management Ltd. (905-940-1234)
Heat

Radiant
A/C

None
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12245242
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

Exclusive
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, Water
Property Management

ICC Property Management Ltd. (905-940-1234)
Heat

Radiant
A/C

None
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

3.22 x 2.87 ft Flat level

Vinyl Floor, Large Closet, W/O To Balcony
Dining

3.21 x 2.9 ft Flat level

Open Concept, Combined W/Living, West View
Kitchen

2.91 x 1.72 ft Flat level

Vinyl Floor, Window, West View
Bathroom

2.22 x 1.51 ft Flat level

Tile Floor, 4 Pc Bath

Contact Manoj Kukreja

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

Property History

Property history for 1011-40 Homewood Avenue, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2025-06-25

$333,630

-1.00%

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Neighbourhood Amenities & Points of Interest

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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

May 2025

$741,250

Last 3 Months

$648,222

Last 12 Months

$627,211

May 2024

$591,667

Last 3 Months LY

$642,479

Last 12 Months LY

$685,462

Change

25%

Change

-8%

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

Average Selling Price

3 years ago

$869,188

Average Selling Price

5 years ago

$733,917

Average Selling Price

10 years ago

$354,625

Change

-15%

Change

109%

Number of Condo Apt Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

33%

Change

-20%

Change

-14%

How many days Condo Apt takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

41%

Change

82%

Change

48%

Average Selling price

Inventory Graph

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First time home buyer

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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

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.