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316 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town) — listed at $530,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to Unit 316 at 40 Homewood Ave a bright, well-kept corner 2-bedroom suite offering a rare sense of calm in the heart of downtown Toronto. Floor-to-ceiling windows in every room frame mature trees and bring in beautiful natural light, while updated closet doors and a well-maintained kitchen make this home move-in ready. This exceptionally well-managed building offers a welcoming community and an impressive collection of amenities, including a heated indoor pool, sauna, gym, updated party room and outdoor BBQ area. Maintenance fees include high-speed internet, cable TV and all utilities an added convenience and value. Ideally located minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm in the middle of everything and a move-in-ready opportunity in the heart of Toronto. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
Is there air conditioning?+
Yes — wall unit cooling is in place.
Is this a good starter home?+
At $530,000, 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.
Tell me about the pool.+
This property has a pool: Indoor pool. Ask whether it's open year-round or seasonal, and factor in maintenance costs when budgeting.
Who is 316 - 40 HOMEWOOD AVENUE best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,317.28, a condo/maintenance fee of $763.88/mo, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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.
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