For Sale
Just Listed
40 Homewood Avenue #404 ##404
Cabbagetown-South St. James Town, Toronto, ON
$510,000
1Bd
1Ba
750+sqft
0Parking
$680/sqft
CondoMLS# C13081716Listed 2026-05-042 DOM
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Welcome to the Residences of Homewood. This spacious one bedroom unit has the perfect open concept layout. Updated modern kitchen with centre island great for entertaining. This highly sought after building features the following amenities: Indoor year round pool, full gym with cardio, party room, outdoor BBQ area & boardrooms. Step outside to your east facing balcony which is ideal for summer with the beautiful blossoming trees. Situated in the heart of Cabbagetown. This is the largest one bedroom unit in the building. Custom closets in primary bedroom. Lots of storage space. 790 sq.ft. & balcony. Included in maintenance: heating, water, hydro, cable & internet.
Pool
Rooms
Other
| Living Room | 7.05 × 3.49 m | Parquet Window Floor to Ceiling Double Closet |
| Dining Room | 2.66 × 2.09 m | Parquet W/O To Balcony East View |
| Kitchen | 4.06 × 2.21 m | Updated Centre Island Open Concept |
| Primary Bedroom | 5.20 × 3.23 m | Double Closet Window Floor to Ceiling East View |
Features
- None
- Apartment
Financials
Annual Taxes
$2,277.34
Estimated Rental Income
Entire property$2,100 – $2,800/mo
Rental yield4.9% – 6.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market2 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Our estimate for this home
Estimated range
$573K – $666K
Mid-point $620K · ~$826/sqft
How this listing compares
$573KList · $510K$666K
Medium confidence·Based on 26 cabbagetown-south st. james town comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
82
/ 100
Walk Score
Very Walkable
82
/ 100
Transit Score
Excellent Transit
61
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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