1715 40 Homewood Avenue in Toronto: Cabbagetown-South St. James Town Condo Apartment for sale (Toronto C08) : MLS®# C12980284
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Home Sweet Homewood! Renovated Large 1-bedroom condo for sale at 40 Homewood in the heart of Toronto. Originally a 2-bedroom layout, this thoughtfully reconfigured suite offers a more open and functional living space with over $30,000 in upgrades completed in 2016, including parquet flooring, a fully renovated kitchen with opened wall, kitchen island, and stainless steel appliances.The modern kitchen features ample storage and a breakfast bar, while the updated bathroom includes new flooring, vanity, and toilet. Additional upgrades include built-in storage, mirrored closets, and a newly installed split A/C system (2025).Located in a well-managed building known for its strong sense of community among residents.Unbeatable downtown Toronto location just steps to transit, including the Carlton streetcar and Wellesley subway station, with easy access to the DVP and Gardiner Expressway. Walking distance to TMU, University of Toronto, Maple Leaf Gardens, Loblaws, Church-Wellesley Village, Cabbagetown, and Allan Gardens Conservatory.A great opportunity to own a condo in one of Toronto's most connected and vibrant communities.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Total Approx Floor Area:
600-699
Exposure:
West
Bedrooms:
1+0
Bathrooms:
1.0
Kitchens:
1
Kitchens in Basement:
0
Bedrooms Above Grade:
1
Bedrooms Below Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
4
Rooms Below Grade:
0
Heating type:
Radiant
Heating Fuel:
Electric
Storey:
16
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
Rental
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker Level:
B2
Locker Unit:
104
Locker:
Exclusive
Family Room:
Yes
Possession Details:
FLEX 30-60
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$811.38
Maintenance fees include:
Water Included, Common Elements Included, Building Insurance Included, Heat Included, Cable TV Included, Hydro Included
Parking Cost per Month:
$110
Assessment Year:
2025
Taxes:
$2,277.34 /
2025
Assessment:
$- /
2025
Toronto
Toronto C08
Cabbagetown-South St. James Town
Carpet Free
Yes-with Restrictions
Fridge, Stove, Microwave Range Hood, A/C WalUnit, Built In Storage & All Electrical Light Fixtures. Rental Parking Is Available Upon Request If Neede ($110.00/month). Maintenance Fees Includes All Utilities. Building Amenities Include: Gym, Indoor Pool, Party Room, 24 Hr Concierge, Bike Storage & Visitor Parking.
Data was last updated April 10, 2026 at 09:15 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$569,000
Min list price:
$350,000
Max list price:
$1,249,000
Avg days on market:
27
Min days on market:
0
Max days on market:
361
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.
• More affordable than detached homes in the same location • Low maintenance and ideal for busy urban lifestyles • Central access to transit, entertainment, shops, and schools • High rental demand for investors and strong resale value • Options for all budgets from studios to luxury suites
Toronto Apartments – What You’ll Find
Toronto apartments cater to every type of buyer across downtown, midtown, and surrounding boroughs. Most include:
• Open-concept layouts with 1 to 3 bedrooms and in-suite laundry • Private balconies or terraces with city or lake views • Updated kitchens with quartz counters and modern appliances • Access to amenities like gyms, rooftop lounges, pools, and 24/7 concierge
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FAQs – Toronto Apartments
1. How much does a typical apartment in Toronto cost? Apartment prices vary by size and location, but 1-bedroom units often start around $600,000 and go up from there.
2. Are Toronto apartments good for long-term investment? Yes. With constant demand, especially near transit hubs and universities, Toronto apartments typically perform well over time.
3. Which areas in Toronto have the most apartment options? Neighbourhoods like Downtown Core, Liberty Village, North York, and Yonge & Eglinton offer a wide variety of buildings and layouts.
4. What monthly fees come with buying an apartment in Toronto? Condo apartments usually have maintenance fees that cover amenities, building upkeep, and utilities—costs vary by building.