316 - 40 Homewood Avenue, Toronto, ON M4Y 2K2
Cabbagetown-South St. James Town, Toronto · Near Jarvis/Carlton · View map
About this home
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.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 600-699 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- East
- Level
- 3
- Balcony
- Open
- Laundry
- Coin Operated, In Building
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $763.88/mo
- Fee includes
- Heat, Hydro, Water, Cable TV, Common Elements, Building Insurance
- Complex
- 40 Homewood Avenue Condos
- Property management
- ICC Property Management
- Pets
- Allowed, with restrictions
- Locker
- Exclusive
- Security
- Concierge/Security, Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $2,317/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Jarvis/Carlton
- Neighbourhood
- Cabbagetown-South St. James Town
More
- Price per sq ft
- ~$798 (at 650 sq ft)
- MLS® number
- C14135684
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The home and its surroundings
- Carpet Free
- Hospital
- Park
- Public Transit
Included in the maintenance fee
- Heat
- Hydro
- Water
- Cable TV
- Common Elements
- Building Insurance
Shared in the complex
- Bike Storage
- Concierge
- Elevator
- Gym
- Indoor Pool
- Recreation Room
- 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.
40 Homewood Avenue, Toronto, ON M4Y 2K2
Cabbagetown-South St. James Town, Toronto · Near Jarvis/Carlton
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Listing history for 40 Homewood Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 316 - 40 Homewood Avenue
Answers come straight from this home’s MLS® listing.
How much is 316 - 40 Homewood Avenue listed for, and what would it cost each month?
316 - 40 Homewood Avenue is listed for $519,000. With 20% down ($103,800), the mortgage payment would be roughly $2,094 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,050 a month, all in. That figure is an illustration, not a quote.
Is 316 - 40 Homewood Avenue freehold or a condo, and is there a monthly fee?
316 - 40 Homewood Avenue is a condo apartment in Cabbagetown-South St. James Town, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $763.88 a month. The listing says it covers heat, hydro, water, cable tv, common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 316 - 40 Homewood Avenue have?
316 - 40 Homewood Avenue has 2 bedrooms and 1 bathroom.
Does 316 - 40 Homewood Avenue have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 316 - 40 Homewood Avenue have a finished basement?
No. The listing shows no basement for this home.
What style of home is 316 - 40 Homewood Avenue?
316 - 40 Homewood Avenue is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 316 - 40 Homewood Avenue?
The listing puts the home between 600 and 699 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 316 - 40 Homewood Avenue heated and cooled?
Heating is radiant (gas). Cooling is wall unit(s).
What are the property taxes for 316 - 40 Homewood Avenue?
Property taxes are $2,317 a year (2026), or about $193 a month.
Are pets allowed at 316 - 40 Homewood Avenue?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 316 - 40 Homewood Avenue?
316 - 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 316 - 40 Homewood Avenue still for sale?
Yes. It is an active listing (MLS® C14135684). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 316 - 40 Homewood Avenue asking?
Similar condos for sale nearby right now include 2201 - 40 Homewood Avenue at $489,000 (2+1 bed), 414 - 40 Homewood Avenue at $449,000 (1 bed) and 807 - 40 Homewood Avenue at $389,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 40 Homewood Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address 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 316 - 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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Cabbagetown-South St. James Town, picked by style, size and price.
Condo apartment$489,0002201 - 40 Homewood Avenue, Toronto2+1 bed · 1 bath · Cabbagetown-South St. James TownCourtesy of: RIGHT AT HOME REALTYView home →
Condo apartment$449,000414 - 40 Homewood Avenue, Toronto1 bed · 1 bath · Cabbagetown-South St. James TownCourtesy of: CHESTNUT PARK REAL ESTATE LIMITEDView home →
Condo apartment$389,000807 - 40 Homewood Avenue, Toronto1 bed · 1 bath · Cabbagetown-South St. James TownCourtesy of: KELLER WILLIAMS ADVANTAGE REALTYView home →Courtesy of: PROPERTY.CA INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*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.