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1016 - 40 Homewood Avenue
For Rent40 Homewood Avenue CondosEst Lease Timeframe 10 Days
$2,700/mth
2 Beds
1 Bath
1 Parking
600 - 699 SQFT
27 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North West
Locker:
None
Possession Date:
April 2, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Hydro
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
None
Unit Details
- Air Conditioning
- Wall Unit
- Heat Source
- Electric
- Heating
- Baseboard
- Ensuite Laundry
- No
Room Dimensions
Living
Hardwood Floor, Window, Walkout To Balcony
13.78 x 14.4ft
Dining
Hardwood Floor, Combined with Living
13.78 x 14.4ft
Kitchen
Stainless Steel Appliances, Quartz Counter
9.84 x 6.07ft
About this Listing
Amazing Downtown Location! Spacious Renovated 2 Bedroom Corner Unit With Sunny North West Exposure.Large Living Room, New Windows And Large Balcony With Great View Of The City. Live In The 'Heart' OfToronto. Free 1.5g fiber WiFi and cable with over 100 channels (more than $100 value) and can install up to 3 tvs.Brand New washroom and Refrigerator, new lights, new tv table, and new balcony floor. Newer Cabinetry/Sink/Counter-Top And New Life For You. Central Location Only Minutes To Allan Gardens ,Trendy Restaurants, Shopping, And Public Transit. Close To Ryerson & U Of T Loblaws, Allen Garden, Eaton Centre.
ExtrasParking $100
bay street group inc.MLS® #C8190530
Amenities
Security System
Party Room
Concierge
Sauna
Indoor Pool
Gym Room
Nearby Amenities
9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,212
Average Individual Income
$67,505
Average Household Size
3 persons
Average Age
47
Average Household Income
$115,353
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
41%
Semi Detached
28%
High Rise Apartment
15%
Low Rise Apartment
8%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
Other
73%
Mandarin
12%
Cantonese
9%
Tagalog
2%
French
1%
Arabic
1%
Spanish
1%
Armenian
1%
Education
University and Above
34%
High School
26%
College
16%
None
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Health & Related Fields
12%
Social Sciences
12%
Math & Computer Sciences
7%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Agriculture & Natural Resources
1%
Price Trends
Building Trends At 40 Homewood Avenue Condos
Days on Strata
Units at 40 Homewood Avenue Condos spend an average of
17
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
22.1
YEARS before being sold againProperty Value
7%
Increase in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 31 condos in the Cabbagetown area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
10
Units were Rented over the past twelve months
Best Value Rank
40 Homewood Avenue Condos offers the best value out of 31 condos in the Cabbagetown neighbourhood
?
Appreciation Rank
40 Homewood Avenue Condos has the highest ROI out of 31 condos in the Cabbagetown neighbourhood
?
Rental Yield
40 Homewood Avenue Condos yields the highest rent prices out of 31 condos in the Cabbagetown neighbourhood
?
High Demand
40 Homewood Avenue Condos is the most popular building out of 31 condos in the Cabbagetown neighbourhood
?
Transaction Insights at 40 Homewood Avenue
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|---|
| Price Range | $350,000 - $434,900 | $422,500 - $545,000 | No Data | $580,000 - $617,000 |
| Avg. Cost Per Sqft | $978 | $927 | No Data | $808 |
| Price Range | $2,050 | $2,200 - $2,650 | No Data | $2,800 - $3,000 |
| Avg. Wait for Unit Availability | 72 Days | 28 Days | No Data | 64 Days |
| Avg. Wait for Unit Availability | 146 Days | 90 Days | No Data | 131 Days |
| Ratio of Units in Building | 19% | 56% | 1% | 25% |
Maintenance Fees
40 Homewood Avenue Condos vs The Cabbagetown Area
