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    for rent
    74 Days on Strata
    Est Lease Timeframe:
    22 Days
    $1,699/mth
    Cut $50 · Jan 26
    Get price change & sold alerts
    Studio
    1 Bath
    0 Parking
    371 SQFT

    Price History


    Property Type:
    Condo Apartment
    Possession Date:
    TBD
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    No
    Locker:
    None
    Exposure:
    West

    Amenities

    Party Room
    Sauna
    Visitor Parking
    Gym
    Concierge
    Indoor Pool

    About this Listing

    Bright, Open Concept Cabbagetown TORONTO Condo For Lease! This Unit Offers a Modern Kitchen with Breakfast Bar to Enjoy Your Company with! Both the Flooring and Bathroom has Been Updated as Well. The Open Concept Design of this Bachelor Unit Offers a Great Deal of Flexibility for Your Lifestyle Needs! There is Also a Huge Balcony with Sun Filled City Skyline Western Views! Inclusive Pricing as Heat, Hydro, Cable TV, Basic Internet and Water are Included in the Rent! Parking Available to Rent Through the Building and a Storage Locker is Available to Rent from the Landlord at an Additional Cost to the Tenant. Great Location Is Steps To Charming Cabbagetown! Well Managed Building Is Clean & Safe With Gym, Pool, Party Room, Visitor Parking & More! Excellent Landlord Maintains Their Property, is Responsive and Communicative. They are looking for Aaa Tenant Only! Credit Check, Employment Letter Etc. are a Must! Easy to See and Possession is Flexible!

    ExtrasFor Tenant's Use: Fridge, Stove, Microwave Exhaust Hood, Pot Lights, Lighting, Huge Balcony, Updated Kitchen, Bath, Gym, Pool, Visitor Parking, 24 Hour Security, Basic Cable Included! Locker can be rented from Landlord.

    royal lepage terrequity realtyMLS® #C12728874

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Radiant
    Heat Source
    Electric
    Air Conditioning Type
    None

    Rooms


    Living
    19.85 x 10.86ft
    Walkout To Balcony, Open Concept, Combined with Dining
    Dining
    19.85 x 10.86ft
    Open Concept, Combined with Living, Laminate
    Bedroom
    19.85 x 10.86ft
    Open Concept, Combined with Living
    Kitchen
    6.53 x 4.89ft
    Updated, Breakfast Bar, Pot Lights
    Library
    5.48 x 4.4ft
    Separate Room, Built-in Shelves
    Bathroom
    5.22 x 4.79ft
    Renovated, Ceramic Floor, 4 Piece Bath
    Other
    15.55 x 5.87ft
    Balcony, West View, South View

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

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    9/10
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    One small step for you. One giant leap towards never needing a gym membership.
    9/10
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    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
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    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    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%


    Days on Strata

    Units at 40 Homewood Avenue Condos spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    22
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 51 condos in the Cabbagetown area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    40 Homewood Avenue Condos offers the
    ?
    best value out of 51 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    40 Homewood Avenue Condos has the
    ?
    highest ROI out of 51 condos in the Cabbagetown neighbourhood

    Rental Yield

    40 Homewood Avenue Condos yields the
    ?
    highest rent prices out of 51 condos in the Cabbagetown neighbourhood

    High Demand

    40 Homewood Avenue Condos is the
    ?
    most popular building out of 51 condos in the Cabbagetown neighbourhood

    Market Insights

    Transaction Insights at 40 Homewood Avenue Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$1,850 - $1,900$1,850 - $2,300No Data$2,550No Data
    Avg. Wait for Unit Availability162 Days72 DaysNo Data145 DaysNo Data
    Ratio of Units in Building19%56%1%23%1%

    Market Inventory

    Total number of units listed and leased in Cabbagetown