$469,000
Est. payment $2,077/moCalculate yours
40 Homewood Avenue 414, Toronto, ON M4Y 2K2
Cabbagetown-South St. James Town, Toronto, ON M4Y 2K2
- 1 Beds
- 1 Baths
- 600 Sq Ft
Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED MLS® C13877702
About this home
Some condos just feel good the moment you walk in. Suite 414 is one of them. One of the building’s largest one-bedroom layouts, this beautifully bright and thoughtfully updated suite offers exceptional value, with mature trees just beyond the windows creating a sense of calm that feels remarkably removed from the city below. Facing east, the windows look directly into a canopy of mature trees, giving the entire space a private, almost treehouse-like feel that’s especially lovely in the morning light. The renovated kitchen is beautifully considered and designed to work effortlessly with the living and dining spaces, while hardwood floors run throughout. Step outside from the dining room onto your private balcony - morning coffee highly encouraged. The spacious bedroom features a generous double closet, while a second double closet in the entry and an exclusive-use locker provide plenty of additional storage. Exceptionally well managed, the building has a true sense of community alongside amenities that feel decidedly more hotel than condo: a heated indoor pool, 24-hr concierge, sauna, updated party room, gym and outdoor BBQ area - to name a few. Maintenance fees are all-inclusive, even cable and high-speed internet, and parking is available to rent. For a first-time buyer, it’s a smart way into the market without compromising on space. For a downsizer, there’s room to live comfortably and a genuine sense of community. And as a pied-à-terre? You’d be hard-pressed to find a more convenient home base. Minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm, right in the middle of everything.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 600 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Radiant (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $2,325 (2026)
- Condo Fee
- $811/mo
- Fee Includes
- Heat Included, Water Included, Hydro Included, Common Elements Included, Cable TV Included, CAC Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Cabbagetown-South St. James Town
- Cross Street
- Wellesley St E & Jarvis St
Listing
- MLS® Number
- C13877702
- Days on Market
- 10
- Listed On
- 2026-10-08
- Possession
- 30-60/TBD
- Listed By
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
Features
Interior
- Primary Bedroom - Main Floor
Property
- Hospital
- Park
- Rec./Commun.Centre
- School
- Public Transit
- Library
Amenities
- Bike Storage
- Concierge
- Gym
- Indoor Pool
- Sauna
- Visitor Parking
- Included
- See Schedule C
- Excluded
- See Schedule C
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,077 per month
- Principal and interest
- $2,077
- Property tax
- $194
- Condo fees
- $811
- Estimated monthly cost
- $3,082
Your mortgage
- Mortgage amount
- $375,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $247,789
Cash to close
- Down payment
- $93,800
- Land transfer tax (Ontario + Toronto)
- $11,710
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $105,510
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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