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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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40 Homewood Avenue #2201 Toronto C08
For SalePrice Drop40 Homewood Avenue Condos in Cabbagetown-South St.James Town

40 Homewood Avenue #2201 Toronto C08, Condo Apartment for Sale

MLS® C12898076

Cabbagetown-South St.James Town, Toronto, ON

234 days on market
$489,000
Previously $509,000
Show on Map
Show on Map
3Beds
1Baths
750Sqft
N/AParking
Condo Apartment

Overview· 40 Homewood Avenue #2201 Toronto

MLS® #C12898076

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.

Broker

RIGHT AT HOME REALTY

Building

40 Homewood Avenue Condos

40 Homewood Avenue5 for sale2 for rent

Neighbourhood

Cabbagetown-South St.James Town

Walk 92Avg $1.15MArea guide

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Walk Score®96Walker's ParadiseWalker's Paradise
Transit Score®91Rider's ParadiseRider's Paradise
Bike Score®99Biker's ParadiseBiker's Paradise
Schools10026 schools within 1.5 km · nearest 77 m26 schools within 1.5 km · nearest 77 m
Parks857 parks within 1 km · nearest 175 m7 parks within 1 km · nearest 175 m
Convenience9266 groceries, cafes and pharmacies within 1 km · nearest 107 m66 groceries, cafes and pharmacies within 1 km · nearest 107 m
Safety16Safer than 16% of Toronto neighbourhoods (2025)Cabbagetown-South St.James Town: 2,050 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 40 Homewood Avenue #2201 Toronto

Source: MLS® listing data
40 Homewood Avenue #2201 Toronto

Condo Apartment

40 Homewood Avenue #2201 Toronto

Cabbagetown-South St.James Town

Type

Condo Apartment

Basement

None

Parking

Underground (0)

Property Tax

~$2,511/yr

Heating

Radiant

Laundry

Coin Operated

Buying Essentials

Maintenance Fee

$889/mo

Fee Includes

Heat · Water · Common Elements · Hydro

Square Feet

750 sqft

Parking

Underground (0)

Locker

None

Finances

List Price

$489,000

Price per SQFT

$652/sqft

Property Tax

~$2,511/yr

Property Specs

Property Type

Condo Apartment

MLS Size

750 sqft

Exposure

South West

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

Coin Operated

Heating Type

Radiant

Features

None

Policies & Utilities

Pets Allowed

No

Neighbourhood

Cabbagetown-South St.James Town

Corp #

YCC 75

Property Manager

ICC Property Management

Listed On

Mar 18, 2026

Price & Listing History

Days on Market

Current: 234 days

0306090120+

Rooms

Kitchen(Flat)

Combined w/Dining, Sliding Doors, Hardwood Floor

23.0 x 17.4

399 sqft

Bedroom(Flat)

Closet, Window, Hardwood Floor

15.7 x 11.5

181 sqft

Bedroom 2(Flat)

Closet, Window, Hardwood Floor

13.3 x 10.0

133 sqft

Den(Flat)

Window, Hardwood Floor

9.2 x 7.3

67 sqft

RoomsDimensionsFeaturesSqft
Kitchen(Flat)23.0 x 17.4Combined w/Dining, Sliding Doors, Hardwood Floor399
Bedroom(Flat)15.7 x 11.5Closet, Window, Hardwood Floor181
Bedroom 2(Flat)13.3 x 10.0Closet, Window, Hardwood Floor133
Den(Flat)9.2 x 7.3Window, Hardwood Floor67

Rooms

4

Listed Room Area

780 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,967/mo
Property Tax$209/mo
Total Monthly$2,176

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0