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2201 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town) — listed at $489,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Flat | 7 x 5.3 meters |
| Bedroom | Flat | 4.8 x 3.5 meters |
| Bedroom 2 | Flat | 4.06 x 3.04 meters |
| Den | Flat | 2.8 x 2.22 meters |
Is this a good starter home?+
At $489,000, this is priced in starter-home territory for Toronto (Cabbagetown-South St. James Town). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 0 spaces — Garage, Underground.
How is the home heated? Is it efficient?+
Heating is radiant heat, other. Ask for past utility bills to understand real heating costs.
Is 2201 - 40 HOMEWOOD AVENUE a good fit for a growing family?+
With 3 bedrooms and 1 bathrooms, there's room for kids plus a guest room or home office.
What do the condo/maintenance fees cover?+
The $889.47/mo fee covers: Common Area Maintenance, Heat, Electricity, Water.
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