103 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12932312
Looking for condos for sale in Toronto under 350K? Finding an affordable home in the city is possible with a variety of budget-friendly options. Whether you’re looking to buy or lease, these condos provide great investment potential and access to Toronto’s best amenities.
Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living! For sale for the first time by the original owner, this suite presents exceptional value for both end users and investors alike. The generously sized bedroom features ample closet space and floor-to-ceiling windows that fill the room with natural light. Step outside to your expansive west-facing balcony/terrace, ideal for summer lounging or entertaining guests - there's plenty of room for a full patio set. Enjoy the sunshine by day and take in the stunning sunsets by night with green views that stretch across the property. Situated between Cabbagetown and The Village, this prime location offers the perfect blend of character, convenience, and community. The building itself fosters 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, Bell Fibe high-speed internet, and cable TV. A large locker is included for added storage convenience. Outstanding amenities include an indoor pool, sauna, gym, guest suites, bike storage, EV charging stations, visitor parking, library, and meeting/party room - providing comfort, connection, and convenience all under one roof. Just minutes from the Downtown Core, TMU, U of T, The Village, and an array 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.
Data was last updated March 30, 2026 at 04:15 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$564,450
Min list price:
$350,000
Max list price:
$1,324,900
Avg days on market:
31
Min days on market:
1
Max days on market:
349
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. This data is not produced by
the MLS® system.
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.
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.