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    2210 - 40 Homewood Avenue

    For Sale40 Homewood Avenue Condos
    $489,900
    Price Cut: $510,000
    1 Bed
    1 Bath
    0 Parking
    470 SQFT
    26 Days on Strata
    Est Sell Timeframe
    23 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,042/sqft
    Maintenance Fees:
    $494/mth
    Taxes:
    $1,632 (2023)
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    30 days TBD
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Unit Details

    Air Conditioning
    Window Unit
    Heat Source
    Electric
    Heating
    Radiant
    Ensuite Laundry
    No

    Room Dimensions

    Prim Bdrm
    14.7 x 7.45ft
    Kitchen
    30.84 x 29.86ft
    Living
    43.64 x 42.98ft

    About this Listing

    Downtown living on a quiet street with a million-dollar view. It does not get much better. A stone's throw from anything and everything. This gorgeous updated condo is ideal for the first-time buyer or savvy investor. The floor-to-ceiling windows with beautiful sunrise views of the city and lake will take your breath away. Sit out on your oversized balcony to watch the sunrise or enjoy the ample space with friends. Walk out your front door and feel like you're in a small community but be so close to the hustle and bustle of the city. Maintenance fees cover all including cable. A great opportunity to take advantage of a great condo priced to move with amazing views. Walking distance to Ryerson and U of T. Great amenities including, sauna and indoor pool

    ExtrasFridge, stove, microwave/hood fan, electric light fixtures, ac window unit, large locker. Parking easily available for $100 month.

    re/max hallmark realty ltd.MLS® #C8251372


    Amenities

    Bike Storage
    Sauna
    Gym Room
    Concierge
    Party Room
    Security System

    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%

    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    22.1
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 31 condos in the Cabbagetown area

    Sold Units

    18
    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 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

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$350,000 - $434,900$422,500 - $545,000No Data$580,000 - $617,000
    Avg. Cost Per Sqft$967$927No Data$808
    Avg. Wait for Unit Availability72 Days28 DaysNo Data64 Days
    Ratio of Units in Building19%56%1%25%

    Maintenance Fees

    40 Homewood Avenue Condos vs The Cabbagetown Area

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