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For saleListed Mar 19MLS® C12898076

2201 - 40 Homewood Avenue, Toronto, ON M4Y 2K2

Cabbagetown-South St. James Town, Toronto · Near Jarvis/ Carlton · View map

$489,000
2+1Beds
1Baths
700–799Sq ft
Condo ApartmentType
$889/moMaint. fee
NoneParking
NoneLocker
$2,511/yrTaxes
Call / Text Will
$489,000
Open balconyYour own outdoor space
Heat, hydro, water includedCovered by the maintenance fee
21st floorHigh above the street
South West exposureBright through the day

About this home

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.

The home

Type
Condo Apartment · Multi-Level
Square footage
700-799 sq ft
Bedrooms
2
Dens
1
Bathrooms
1
Kitchens
1
Rooms
4
Floor
21st
Exposure
South West
Balcony
Open
Laundry
Coin Operated

Building & fees

Maintenance fee
$889.47/mo
Fee includes
Heat, Water, Common Elements, Hydro
Condo corporation
YCC 75
Property management
ICC Property Management
Pets
No
Locker
None
Exterior
Brick

Heating & cooling

Heating type
Radiant
Fireplace
No

Parking

Parking spaces
None
Garage
Underground

Taxes & other

Property taxes
$2,511/yr
Tax year
2025
Occupancy
Vacant
Possession
Flexible
Cross street
Jarvis/ Carlton
Neighbourhood
Cabbagetown-South St. James Town

More

Price per sq ft
~$652 (at 750 sq ft)
Listed
Mar 19, 2026 · 205 days ago
MLS® number
C12898076

Included in the maintenance fee

  • Heat
  • Water
  • Common Elements
  • Hydro
Want to know something that isn’t listed?
Estimated monthly cost$3,071per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    40 Homewood Avenue, Toronto, ON M4Y 2K2

    Cabbagetown-South St. James Town, Toronto · Near Jarvis/ Carlton

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    Sold history

    Listing history for 40 Homewood Avenue

    See what this unit and others in the building were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every condo.

    Questions & answers

    Frequently asked questions about 2201 - 40 Homewood Avenue

    Answers come straight from this condo’s MLS® listing.

    How much is 2201 - 40 Homewood Avenue listed for?

    2201 - 40 Homewood Avenue is listed for $489,000. With 20% down ($97,800), the mortgage payment would be roughly $1,972 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.

    How many bedrooms and bathrooms does 2201 - 40 Homewood Avenue have?

    2201 - 40 Homewood Avenue has 2 bedrooms plus a den and 1 bathroom.

    How big is 2201 - 40 Homewood Avenue?

    The listing puts the unit between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.

    What type of home is 2201 - 40 Homewood Avenue?

    2201 - 40 Homewood Avenue is a condo apartment in Cabbagetown-South St. James Town, Toronto. The unit is on the 21st floor, facing south west.

    What are the maintenance fees at 2201 - 40 Homewood Avenue, and what do they cover?

    The maintenance fee is $889.47 a month. The listing says it covers heat, water, common elements, hydro. Fees can change, so confirm the current amount in the status certificate.

    Does 2201 - 40 Homewood Avenue come with parking and a locker?

    The listing does not include a parking space. There is no locker with the unit.

    Are pets allowed at 2201 - 40 Homewood Avenue?

    The listing says pets are not allowed.

    How is 2201 - 40 Homewood Avenue heated and cooled?

    Heating is radiant. The listing does not show air conditioning.

    What are the property taxes for 2201 - 40 Homewood Avenue?

    Property taxes are $2,511 a year (2025), or about $209 a month.

    What neighbourhood is 2201 - 40 Homewood Avenue in?

    2201 - 40 Homewood Avenue is in the Cabbagetown-South St. James Town community of Toronto. The nearest main intersection is Jarvis/ Carlton. The postal code is M4Y 2K2.

    Is 2201 - 40 Homewood Avenue still for sale?

    Yes. 2201 - 40 Homewood Avenue is an active listing (MLS® C12898076), on the market since March 19, 2026. Listings here update from the board through the day and come down once a condo sells.

    What have condos at 40 Homewood Avenue sold for?

    Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 2201 - 40 Homewood Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this condo and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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