+ 22 photosFor Sale · Condo Apartment
40 Homewood Avenue 2216, Toronto, ON M4Y 2K2
Toronto C08 · Cabbagetown-South St. James Town
14 days on market
2
Beds
1
Baths
1
Parking
600-699
Sq ft
—
Built
The honest picture
List price
$539,000
★ Renavu Estimate
$521,000
Moderate confidence
Asking $539,000 · recent comparable sales indicate $525,000–$665,000 · 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 bedrooms and 1 bathroom
- Corner unit with southeast-facing views toward the lake
- Engineered oak hardwood flooring in herringbone pattern throughout
- Kitchen with new appliances
- Bathroom renovated with new tub, vanity, toilet, and floor tile
- Maintenance fees include high-speed internet, cable TV, and all utilities
- 1 parking spot included
Key points summarised from the listing description.
Property details
Listed on
September 1, 2026
Days on market
14 days
Property tax
$1,654.48 (2026)
Style
Apartment
Heating
Radiant
Cooling
Wall Unit(s)
MLS®
C13730526
Full details
Parking
Parking typeUnderground
Total parking1
Underground / covered1
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 1, 2026 | — | $539,000 | For Sale | C13730526 |
🔒
Earlier listings and sold prices for this address are protected under TRREB rules — a free account unlocks them.
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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
This price requires at least 5.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,255
Toronto municipal LTT$7,255
Legal · title · inspection$2,800
Closing costs$17,310
Down payment$107,800
Total cash to close$125,110
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.
