316 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town)

$530,000

For sale: Apartment

Apartment at 316 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
699 sqft
MLS®
MLS® C13873366
Neighbourhood
Cabbagetown-South St. James Town

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.

Sold data

Apartment homes in Toronto (Cabbagetown-South St. James Town) — recent sold market

Apartment homes in Toronto (Cabbagetown-South St. James Town) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 2,778 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $567,400.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$567,400
Sale-to-list ratio
96.7%
Sold above asking
13%

Based on 2,778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Cabbagetown-South St. James Town)

Toronto (Cabbagetown-South St. James Town) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Cabbagetown-South St. James Town)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 316 - 40 HOMEWOOD AVENUE