+ 24 photos
40 Homewood Avenue 316, Toronto, ON M4Y 2K2
Toronto C08 · Cabbagetown-South St. James Town
For Sale · Condo Apartment
40 Homewood Avenue 316, Toronto, ON M4Y 2K2
Toronto · Cabbagetown-South St. James Town
2 hours ago
$530,000
2
Beds
1
Baths
1
Parking
600-699
Sq ft
51-99 yrs
Built
The honest picture
Comparable sales vary too widely to call a direction
Where this price sits vs the typical condo apt home in Toronto C08.
Benchmark $498,000
Typical low · $473,000Typical high · $523,000
List price Benchmark Typical range
The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.
About this home
- 2 bedrooms, 1 bathroom, 600–699 sq ft
- Corner unit with floor-to-ceiling windows in every room
- Updated closet doors and well-maintained kitchen
- 1 parking spot included
- Building amenities: heated indoor pool, sauna, gym, party room, outdoor BBQ area
- Maintenance fees include high-speed internet, cable TV, and all utilities
- Minutes from Cabbagetown, Yonge & Bloor, Wellesley, College subway stations, and nearby groceries/institutions
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$2,317.28 (2026)
Style
Apartment
Heating
Radiant
Cooling
Wall Unit(s)
MLS®
C13873366
Full details
Parking
Parking typeUnderground
Total parking1
Parking featuresUnderground
Underground / covered1
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | — | Backsplash, Stone Counters, Tile Floor |
| Living Room | Main | — | Window Floor to Ceiling, Carpet Free, Open Concept |
| Primary Bedroom | Main | — | Ceiling Fan(s), Carpet Free, Window Floor to Ceiling |
| Bedroom 2 | Main | — | Ceiling Fan(s), Carpet Free, Window Floor to Ceiling |
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-10-07 | — | $530,000 | For Sale | C13873366 |
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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 5.3% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$7,075
Toronto municipal LTT$7,075
Legal · title · inspection$2,800
Closing costs$16,950
Down payment$106,000
Total cash to close$122,950
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.
