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For saleNew listingMLS® C14135684

40 Homewood Avenue 316, Toronto, ON M4Y 2K2

Cabbagetown-South St. James Town · C08 · M4Y 2K2

$519,000

+ $764/mo maintenance$865 / sq ft

5 days on market

Bedrooms
2
Bathrooms
1
Interior
600 sf
Parking
1
Age
51-99 years

What's special

  • Underground parking
  • Storage locker
  • Balcony
  • East exposure
  • Wall unit(s)
  • Pets with restrictions
  • Heat, Hydro, Water included
  • Carpet free

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About this property

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.

Rooms

4 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain—Backsplash · Stone Counters · Tile Floor
Living RoomMain—Window Floor to Ceiling · Carpet Free · Open Concept
Primary BedroomMain—Ceiling Fan(s) · Carpet Free · Window Floor to Ceiling
Bedroom 2Main—Ceiling Fan(s) · Carpet Free · Window Floor to Ceiling

Features

  • Carpet Free

Building amenities

  • Bike Storage
  • Concierge
  • Elevator
  • Gym
  • Indoor Pool
  • Recreation Room

Property details

Property

Property type
condo apartment
Bedrooms
2
Bathrooms
1
Interior size
600 sq ft
Year built
51-99
Possession
Immediate

Interior

Heating
Radiant · Gas
Cooling
Wall Unit(s)
Exposure
East
Balcony
Open

Exterior & services

Construction
Brick
Garage
Underground
Parking spaces
1

Condominium

Corporation
75 YCC
Property manager
ICC Property Management
Locker
Exclusive
Pets
Yes-with Restrictions
Fee includes
Heat Included, Hydro Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included

Costs

List price
$519,000
Property taxes
$2,317 / year (2026)
Maintenance fee
$764 / month
Price per sq ft
$865

Listing

MLS® number
C14135684
Status
For sale
Listed
October 31, 2026
Days on market
5
Last updated
October 31, 2026
Listing brokerage
PROPERTY.CA INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 37% of comparable condo apartment listings in Cabbagetown-South St. James Town are asking less.

$431KMedian $548K$720K
This home
$865 / sq ft
Comparable median
$858 / sq ft

Based on 19 comparable active condo apartment listings in Cabbagetown-South St. James Town. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.2% · minimum $26,900
$26,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,720.91
Property tax (est.)
$193.11
Maintenance fee
$763.88
Estimated monthly
$3,678

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,855
Toronto municipal
$6,855
Total due on closing
$13,710

An estimate on the asking price of $519,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of PROPERTY.CA INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$519,000

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