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1011 40 Homewood Avenue
Cabbagetown-South St. James Town Toronto M4Y 2K2

$339,000
Residential Condo & Other beds: 0 baths: 1.0

Main Photo: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 1: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 2: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 3: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 4: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 5: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 6: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 7: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 8: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 9: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 10: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 11: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 12: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 13: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 14: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 15: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 16: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 17: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 18: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 19: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 20: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 21: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 22: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 23: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 24: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 25: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 26: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 27: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 28: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 29: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 30: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 31: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 32: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 33: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Photo 34: 1011 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08)  : MLS®# C12245242
Status:
Active
Prop. Type:
Residential Condo & Other
MLS® Num:
C12245242
Bathrooms:
1
Welcome to #1011 at 40 Homewood Ave, an excellent opportunity to own a cute studio condo in a great location for less than $340K! Situated conveniently close to a number of desirable spots: historic Cabbagetown neighbourhood, Yonge & College, Church & Wellesley, Toronto Metropolitan University, and more. Stroll to U of T, Eaton Centre, and Yonge & Dundas Square. Easy access to TTC (just steps to the College streetcar and a short walk to the College subway station). The unit has been freshly painted and features new vinyl flooring, separate kitchen, walkout to huge west-facing balcony with city views, and full 4-piece bath. Enjoy oodles of storage, with two large closets PLUS a locker. Maintenance fees include all utilities and the building offers plenty of excellent amenities: concierge, huge indoor pool, gym, party room with billiards, meeting room, outdoor terrace with BBQ's, library, laundry room, guest suites, and visitor parking. Potential to rent an underground parking spot from management for $100 per month (speak to listing agent for details). Floor plan is attached. Unit is unfurnished (virtual staging has been added to some of the photos).
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
0-499
Exposure:
West
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Radiant
Heating Fuel:
Electric
Storey:
10
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Number:
300
Locker:
Exclusive
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$396.22
Maintenance fees include:
Heat Included, Hydro Included, Water Included, Cable TV Included, Common Elements Included, Building Insurance Included
Taxes:
$1,623.71 / 2024
Assessment:
$- / -
Toronto C08
Cabbagetown-South St. James Town
Toronto
Carpet Free
Restricted
Brick
Floor
Type
Size
Other
Flat
Living Room
10'6¾" × 9'5"
Vinyl Floor, Large Closet, W/O To Balcony
Flat
Dining Room
10'6" × 9'6"
Open Concept, Combined w/Living, West View
Flat
Kitchen
9'7" × 5'8"
Vinyl Floor, Window, West View
Floor
Ensuite
Pieces
Other
Flat
No
4
7'3" x 4'11½" Tile Floor, 4 Pc Bath
Special Designation:
Unknown
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Laundry Room
Condo Corporation Number:
75
Property Management Company:
ICC Property Management Ltd. (905-940-1234)
Date Listed:
Jun 25, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated July 4, 2025 at 02:15 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$626,000
Min list price:
$339,000
Max list price:
$3,280,000
Avg days on market:
41
Min days on market:
2
Max days on market:
153
These statistics are generated based on the current listing's property type and located in Cabbagetown-South St. James Town. Average values are derived using median calculations.
DARYL  KING
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Why Buy a Condo in Toronto Under 350K?

Buying or leasing a condo under $350K in Toronto comes with many benefits:

  • Affordable Homeownership – A budget-friendly entry into Toronto’s real estate market.
  • Prime City Location – Access to transit, shopping, entertainment, and job opportunities.
  • Great Investment Potential – High demand for rentals ensures strong resale value.
  • Low Maintenance Living – Enjoy modern amenities and hassle-free upkeep.

Top Areas with Condos for Sale in Toronto Under 350K

North York – Affordable & Well-Connected

A great option for buyers looking for budget-friendly condos with easy TTC access and local shopping.

Scarborough – Scenic & Cost-Effective

This area offers affordable waterfront and high-rise living, making it ideal for first-time buyers.

Etobicoke – Suburban Comfort in the City

A mix of modern condo developments and older units at competitive prices.

Find Condos for Sale & Lease in Toronto Under $350K

Browse available condos for sale in Toronto under $350K today. Whether you’re looking for a starter home, an investment property, or a rental, you’ll find a variety of options to suit your needs.

Explore More GTA Homes:

Each link provides updated listings and expert insights.Start exploring and find the condo that best suits your needs and preferences.

FAQs – Condos for Sale in Toronto Under 350K

1. Are there condos available in Toronto for under $350,000?
Yes, you can find studio and one-bedroom condos in select neighborhoods, especially in older buildings or developing areas.

2. Which areas in Toronto offer condos under $350K?
Look in neighborhoods like Scarborough, North York, and parts of Etobicoke for affordable condo options within this price range.

3. What are the typical features of condos under $350K?
These units often include open layouts, essential appliances, shared amenities, and are usually smaller in square footage.

4. Are condos under $350K good investment options?
Yes, affordable condos are great entry points for first-time buyers and can offer rental income potential due to high demand.

5. Do condos under $350K require high maintenance fees?
Maintenance fees vary by building. Some older buildings may have higher fees, so it’s essential to review before purchasing.