2201 - 40 Homewood Avenue, Toronto
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. (id:1945)
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Property details for 2201 - 40 Homewood Avenue, Toronto
- Type
- Apartment
- Style
- Multi-level
- Bedrooms
- 3
- Bathrooms
- 1
- Basement
- None
- Parking
- Garage, Underground
- Heating
- Radiant heat, Other
- Cooling
- None
- Exterior
- Brick
- Ownership
- Condo/Strata
- Annual Taxes
- $2,511
- Condo Fee
- $889 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 2201 - 40 Homewood Avenue
Active Listings
11
Min Price
$489,000
Max Price
$23,423,423
Avg Price
$2,677,120
Days on Market
275
days
Sold Listings
4
Min Sold Price
$530,000
Max Sold Price
$1,229,000
Avg Sold Price
$826,750
Days until Sold
36
days
Neighbourhood Census Data
Toronto, Ontario
Population
3,291
Median Age
45.2
Median Income
$45,403
Dwelling Value
$380,113
Housing Tenure
Owners 57%
Renters 43%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.5
Pop. Density: 37,740.8/km²
Avg Shelter Cost: $1,508/mo
Owners with Mortgage: 55.6%
Owners Spending 30%+: 29.7%
Tenants Spending 30%+: 54%
English only: 83.1%
English and French: 15.7%
Neither: 1.2%
Median Household Income: $64,128
Median Employment Income: $44,160
Price History
Listed
March 19, 2026
by RIGHT AT HOME REALTY
Current Price
$489,000
-3.9% from last change
Type
Apartment
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $489,000 | $20,000 (-3.9%) |
| Sep 13, 2026 | $509,000 | $13,000 (-2.5%) |
| Jul 22, 2026 | $522,000 | Listed |