For Sale
Just Listed
40 Homewood Avenue 316 #316
Cabbagetown-South St. James Town, Toronto, ON
$530,000
2Bd
1Ba
650+sqft
1Parking
$815/sqft
CondoMLS# C13873366Listed 2026-10-070 DOM
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Welcome to Unit 316 at 40 Homewood Ave a bright, well-kept corner 2-bedroom suite offering a rare sense of calm in the heart of downtown Toronto. Floor-to-ceiling windows in every room frame mature trees and bring in beautiful natural light, while updated closet doors and a well-maintained kitchen make this home move-in ready. This exceptionally well-managed building offers a welcoming community and an impressive collection of amenities, including a heated indoor pool, sauna, gym, updated party room and outdoor BBQ area. Maintenance fees include high-speed internet, cable TV and all utilities an added convenience and value. Ideally located minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm in the middle of everything and a move-in-ready opportunity in the heart of Toronto.
Pool
Rooms
Main Floor
| Kitchen | 0.00 × 0.00 m | Backsplash Stone Counters Tile Floor |
| Living Room | 0.00 × 0.00 m | Window Floor to Ceiling Carpet Free Open Concept |
| Primary Bedroom | 0.00 × 0.00 m | Ceiling Fan(s) Carpet Free Window Floor to Ceiling |
| Bedroom 2 | 0.00 × 0.00 m | Ceiling Fan(s) Carpet Free Window Floor to Ceiling |
Features
- Carpet Free
- None
- Wall Unit(s)
- Apartment
Financials
Annual Taxes
$2,317.28
Estimated Rental Income
Entire property$2,600 – $3,500/mo
Rental yield5.9% – 7.9%
*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
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
86
/ 100
Walk Score
Very Walkable
86
/ 100
Transit Score
Excellent Transit
75
/ 100
Bike Score
Very 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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