For Sale · Condo Apartment
40 Homewood Avenue 2201, Toronto, ON M4Y 2K2
Toronto C08 · Cabbagetown-South St. James Town
180 days on market
▾ PRICE CHANGE
2 + 1
Beds
1
Baths
0
Parking
700-799
Sq ft
—
Built
The honest picture
List price
$489,000
★ Renavu Estimate
$471,000
Lower confidence
Asking $489,000 · recent comparable sales here vary too widely to quote a range · homes here sell at about 96% of ask (25 recent sales). Our estimate weighs both.
Benchmark $500,000
Typical low · $475,000Typical high · $525,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for condo apt homes in Toronto C08 (TRREB HPI, August 2026), a market reference — not this home's exact value.
About this home
- 2 + 1 bedrooms plus 1 additional room, 1 bathroom, 700-799 sq ft
- Open-concept layout with large bedroom, ample closet space, and windows with natural light
- East-facing balcony
- Maintenance fees include heat, hydro, and water
- Located between Cabbagetown and The Village, near Downtown Core, TMU, U of T, and local restaurants and shops
- Minutes from DVP and Gardiner Expressway access
- Building has social events and mixed-age resident community
Key points summarised from the listing description.
Property details
Listed on
March 19, 2026
Days on market
180 days
Property tax
$2,511 (2025)
Style
Multi-Level
Heating
Radiant
MLS®
C12898076
Full details
Parking
Parking typeUnderground
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Flat | 7 × 5.3 | Combined w/Dining, Sliding Doors, Hardwood Floor |
| Bedroom | Flat | 4.8 × 3.5 | Closet, Window, Hardwood Floor |
| Bedroom 2 | Flat | 4.06 × 3.04 | Closet, Window, Hardwood Floor |
| Den | Flat | 2.8 × 2.22 | Window, Hardwood Floor |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 13, 2026 | — | $489,000 ▼ | Price cut | C12898076 |
| March 19, 2026 | — | $509,000 | Listed | C12898076 |
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
Sign in free to unlock the historyComparables
Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$6,255
Toronto municipal LTT$6,255
Legal · title · inspection$2,800
Closing costs$15,310
Down payment$97,800
Total cash to close$113,110
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
