$530,000
Est. payment $2,347/moCalculate yours
40 Homewood Avenue 316, Toronto, ON M4Y 2K2
Cabbagetown-South St. James Town, Toronto, ON M4Y 2K2
- 2 Beds
- 1 Baths
- 1 Garage
- 600 Sq Ft
Listing courtesy of PROPERTY.CA INC. MLS® C13873366
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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 600 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage · 1 total
Financial
- Property Taxes
- $2,317 (2026)
- Condo Fee
- $764/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Cabbagetown-South St. James Town
- Cross Street
- Jarvis/Carlton
Listing
- MLS® Number
- C13873366
- Days on Market
- 11
- Listed On
- 2026-10-07
- Possession
- Immediate
- Listed By
- PROPERTY.CA INC.
Rooms
Features
Interior
- Carpet Free
Property
- Hospital
- Park
- Public Transit
Amenities
- Bike Storage
- Concierge
- Elevator
- Gym
- Indoor Pool
- Recreation Room
- Included
- Fridge, Stove, wall unit A/C, All electrical fixtures, Locker (exclusive use). Condo fees Inclusive of all utilities: Heat, Hydro, Water, Bell Fibe T.V, Internet. Underground parking (not owned) available (if required) through building at $110 per month. Laundry in basement.
Mortgage calculator
Estimated mortgage payment
$2,347 per month
- Principal and interest
- $2,347
- Property tax
- $193
- Condo fees
- $764
- Estimated monthly cost
- $3,304
Your mortgage
- Mortgage amount
- $424,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $280,018
Cash to close
- Down payment
- $106,000
- Land transfer tax (Ontario + Toronto)
- $14,150
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $120,150
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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