$ 489,000

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

Contact Agent Get in touch about 2201 - 40 Homewood Avenue, Toronto

JOSSI JOSEPH KARAKKATTU
JOSSI JOSEPH KARAKKATTU
RIGHT AT HOME REALTY