414 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town)

$479,000

For sale: Apartment

Apartment at 414 - 40 HOMEWOOD AVENUE, Toronto (Cabbagetown-South St. James Town)
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
699 sqft
MLS®
MLS® C13779492
Neighbourhood
Cabbagetown-South St. James Town

Some condos just feel good the moment you walk in. Suite 414 is one of them. One of the building's largest one-bedroom layouts, this beautifully bright and thoughtfully updated suite offers exceptional value, with mature trees just beyond the windows creating a sense of calm that feels remarkably removed from the city below. Facing east, the windows look directly into a canopy of mature trees, giving the entire space a private, almost treehouse-like feel that's especially lovely in the morning light. The renovated kitchen is beautifully considered and designed to work effortlessly with the living and dining spaces, while hardwood floors run throughout. Step outside from the dining room onto your private balcony - morning coffee highly encouraged.The spacious bedroom features a generous double closet, while a second double closet in the entry and an exclusive-use locker provide plenty of additional storage. Exceptionally well managed, the building has a true sense of community alongside amenities that feel decidedly more hotel than condo: a heated indoor pool, sauna, updated party room, gym and outdoor BBQ area - to name a few. Maintenance fees are all-inclusive, even cable and high-speed internet, and parking is available to rent. For a first-time buyer, it's a smart way into the market without compromising on space. For a downsizer, there's room to live comfortably and a genuine sense of community. And as a pied-à-terre? You'd be hard-pressed to find a more convenient home base. Minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm, right in the middle of everything.

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 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,894 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 55 days.

The median sale price was $569,994.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$569,995
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 2,894 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)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 414 - 40 HOMEWOOD AVENUE