For Lease
Just Listed
40 Homewood Avenue 1016 #1016
Cabbagetown-South St. James Town, Toronto, ON
$2,550
2Bd
1Ba
650+sqft
1Parking
$4/sqft
CondoMLS# C13751372Listed 2026-09-080 DOM
Just listed! New listings in Toronto often receive offers within the first week.
About this home
All-Inclusive Rent - Say Goodbye To Surprise Bills! Enjoy Free 1.5 Gbps Fiber Internet & Cable TV With Over 100 Channels (Value of $100+/Month), Supporting Up To 3 TVs - Perfect For Remote Work, Streaming Or Studying! Amazing Downtown Location - Spacious, Renovated 2 Bedroom Corner Unit With Sunny North/West Exposure. Large Living Room, Oversized Windows & A Large Private Balcony With Stunning City Views - Your Own Outdoor Retreat In The Heart Of The City. Brand New Washroom, Newer Cabinetry, Sink & Countertop, New Refrigerator, New Lighting & New Balcony Flooring - Truly Move-In Ready. | UPCOMING UPGRADE: Landlord Will Be Installing New Flooring Upon Change Of Tenancy - Even More Reason To Call This Home! | PERFECT FOR TENANTS: All Utilities Included For Easy, Predictable Monthly Budgeting | Free High-Speed Fiber WiFi & Cable Means No Extra Setup, No Contracts, No Hassle | Ideal For Students, Young Professionals & Remote Workers Alike | Walk Everywhere - No Car Needed! | LOCATION: Steps To Allan Gardens, Trendy Restaurants, Cafes, Grocery (Loblaws) & Public Transit. Minutes To Ryerson/TMU, U Of T & Eaton Centre. Live In The True 'Heart' Of Toronto - Everything You Need Is Within Walking Distance!
Renovated
Rooms
Other
| Living Room | 4.20 × 4.39 m | Hardwood Floor Window W/O To Balcony |
| Dining Room | 4.20 × 4.39 m | Hardwood Floor Combined w/Living |
| Kitchen | 3.00 × 1.85 m | Stainless Steel Appl Quartz Counter |
| Primary Bedroom | 3.30 × 3.46 m | Hardwood Floor Closet |
| Bedroom 2 | 2.78 × 3.24 m | Hardwood Floor Closet |
Features
- Carpet Free
- None
- Wall Unit(s)
- Apartment
Financials
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield1223.5% – 1647.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 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
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
86
/ 100
Walk Score
Very Walkable
78
/ 100
Transit Score
Excellent Transit
69
/ 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.