Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 214 days on market

$489,000 ↓ $61,000 from $550,000

Est. payment $2,165/moCalculate yours

40 Homewood Avenue 2201, Toronto, ON M4Y 2K2

Cabbagetown-South St. James Town, Toronto, ON M4Y 2K2

  • 2 + 1 Beds
  • 1 Baths
  • 700 Sq Ft
Map

Listing courtesy of RIGHT AT HOME REALTY MLS® C12898076

About this home

Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living. Excellent value for both end users and investors alike. The generously sized bedroom features ample closet space and windows to fill the room with natural light. Step outside to your east-facing balcony is ideal for summer. Situated between Cabbage town and The Village, this prime location offers the perfect blend of character, convenience, and commuting. The location is ideal for a strong sense of belonging, with regular social events, a welcoming mix of residents of all ages, and an inclusive, friendly atmosphere that’s hard to find in the heart of downtown. You’ll also enjoy very low maintenance fees that cover everything - including heat, hydro, water. Just minutes from the Downtown Core, TMU, U of T, The Village, and a variety of top-rated restaurants, cafes, and shops, with easy access to the DVP and Gardiner Expressway. This condo offers the best of downtown living - a vibrant community, full-service amenities, and unbeatable value - all in one exceptional package.

Property details

Overview

Property Type
Condo Apartment
Style
Multi-Level
For
For Sale
Status
Price Change
Size
700 sqft

Interior

Bedrooms
2 + 1
Bathrooms
1
Kitchens
1
Basement
None

Building & Systems

Heating
Radiant (Other)
Cooling
None
Exterior
Brick

Lot & Parking

Parking
Underground garage

Financial

Property Taxes
$2,511 (2025)
Condo Fee
$889/mo
Fee Includes
Heat Included, Water Included, Common Elements Included, Hydro Included
Pets
No

Location

Neighbourhood
Cabbagetown-South St. James Town
Cross Street
Jarvis/ Carlton

Listing

MLS® Number
C12898076
Days on Market
214
Listed On
2026-03-18
Possession
Flexible
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Bedroom Flat 15′ 9″ × 11′ 6″
Kitchen Flat 23′ 0″ × 17′ 5″
Den Flat 9′ 2″ × 7′ 3″
Bedroom 2 Flat 13′ 4″ × 10′ 0″

Features

Interior

  • None

Mortgage calculator

Minimum for this price: $24,450 (5%)

Amortization, years

Estimated mortgage payment

$2,165 per month

Principal and interest
$2,165
Property tax
$209
Condo fees
$889
Estimated monthly cost
$3,264

Your mortgage

Mortgage amount
$391,200
Mortgage insurance
Not needed
Interest over 25 years
$258,356

Cash to close

Down payment
$97,800
Land transfer tax (Ontario + Toronto)
$12,510
Total, before legal fees
$110,310
Talk to me about financing

Estimates 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

40 Homewood Avenue 2201, Toronto, ON M4Y 2K2 Cabbagetown-South St. James Town, Toronto, ON M4Y 2K2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$489,000 40 Homewood Avenue 2201, Toronto, ON M4Y 2K2
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