Maintenance Fees
40 Homewood Avenue Condos vs The Cabbagetown Area
for sale
23 Days on Strata
- Est Sell Timeframe:
- 22 Days
807 - 40 Homewood Ave
$419,000
1 Bed
1 Bath
0 Parking
514 SQFT
Price History
- Maintenance Fees:
- $589/mth
- Taxes:
- $2,029 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $815/sqft
- Outdoor Space:
- Balcony
- Locker:
- Exclusive
- Possession Date:
- Dec 1
- Exposure:
- West
Amenities
Bike Storage
Community BBQ
Concierge
Elevator
Gym
Indoor Pool
About this Listing
Welcome To This Beautifully Maintained Condo Offering A Spacious And Open-Concept Layout! Lovingly Cared For By The Original Owner. Excellent Value For An End User Or Property Investor. The Generously Sized One Bedroom Suite Features Floor-To-Ceiling Windows That Floods The Rooms With Natural Light And Ample Closet Spaces Throughout. Enjoy Unobstructed West-Facing Views From Your Expansive 18-Ft Balcony Perfect For Summer Lounging Or Hosting Guests, With Room For A Full Patio Set. Soak In The Sunshine By Day And Stunning Sunsets By Night. This Unit Also Includes All Utilities In The Condo Fees Heat, Hydro, Water, Bell Fibe Internet & Crave TV. Prime Location Just Minutes From The Downtown Core, TMU, U of T, The Village, Top-Rated Restaurants, Grocery Stores & Shopping, With Quick Access To The DVP And Gardiner Expressway!
ExtrasFridge, Stove, Range Hood, A/C Unit & All Electrical Light Fixtures. Rental Parking Is Available Upon Request If Needed. Maintenance Fees Includes All Utilities. Building Amenities Include: Gym, Indoor Pool, Party Room, 24 Hr Concierge & Visitor Parking.
royal lepage signature realtyMLS® #C12502076
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning Type
- Wall Unit
Dimensions
- Living
- 12.8 x 13.78ft
- Large Window, hardwood floor, Combined with Dining
- Dining
- 12.8 x 13.78ft
- Large Window, hardwood floor, Combined with Living
- Kitchen
- 9.51 x 5.25ft
- Window, Stainless Steel Appliances
- Foyer
- 7.87 x 3.28ft
- Closet
- Bedroom
- 12.14 x 8.86ft
- Large Window, Large Closet, hardwood floor
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Explore Cabbagetown
Map
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!
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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
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%
Building Trends At 40 Homewood Avenue Condos
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 an
AVERAGEchance 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 againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
11th
Highest price per SQFT out of 42 condos in the Cabbagetown area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
40 Homewood Avenue Condos offers the best value out of 42 condos in the Cabbagetown neighbourhood
?
Appreciation Rank
40 Homewood Avenue Condos has the highest ROI out of 42 condos in the Cabbagetown neighbourhood
?
Rental Yield
40 Homewood Avenue Condos yields the highest rent prices out of 42 condos in the Cabbagetown neighbourhood
?
High Demand
40 Homewood Avenue Condos is the most popular building out of 42 condos in the Cabbagetown neighbourhood
?
Market Insights
Transaction Insights at 40 Homewood Avenue Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|---|
| Price Range | $278,000 - $440,000 | $320,000 - $490,000 | No Data | $465,000 - $543,000 |
| Avg. Cost Per Sqft | $862 | $856 | No Data | $714 |
| Price Range | $1,850 - $1,900 | $2,300 | No Data | No Data |
| Avg. Wait for Unit Availability | 77 Days | 28 Days | No Data | 70 Days |
| Avg. Wait for Unit Availability | 162 Days | 79 Days | No Data | 122 Days |
| Ratio of Units in Building | 19% | 56% | 1% | 23% |
Market Inventory
Total number of units listed and sold in Cabbagetown
