40 Homewood Ave 2210
Cabbagetown-South St. James Town, Toronto, M4K 2K2
FOR SALE
$510,000
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Property Description
Downtown living on a quiet street with a million-dollar view. It does not get much better. A stone's throw from anything and everything. This gorgeous updated condo is ideal for the first-time buyer or savvy investor. The floor-to-ceiling windows with beautiful sunrise views of the city and lake will take your breath away. Sit out on your oversized balcony to watch the sunrise or enjoy the ample space with friends. Walk out your front door and feel like you're in a small community but be so close to the hustle and bustle of the city. Maintenance fees cover all including cable. A great opportunity to take advantage of a great condo priced to move with amazing views. Walking distance to Ryerson and U of T. Great amenities including, sauna and indoor pool
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-09-16 | 2019-09-23 | 7 | $399,900 | $456,000 | Sold |
Extras
Fridge, stove, microwave/hood fan, electric light fixtures, ac window unit, large locker. Parking easily available for $100 month.
Nearby Intersections
Jarvis & Carlton (74)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,632 (2023)
Basement
Apartment
Exterior
Brick Front
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Window Unit
Elevator
Yes
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 7.45' x 14.70' | |
| Kitchen | Flat | 29.86' x 30.84' | |
| Living | Flat | 42.98' x 43.64' | |
| Other | Flat | 6.43' x 20.57' | Balcony, East View |
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Toronto Market Statistics
Toronto Price Trend
40 Homewood Ave 2210 is a 1-bedroom 1-bathroom condo listed for sale at $510,000, which is $90,206 (15.0%) lower than the average sold price of $600,206 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $2,808 (0.5%) compared to the previous 30 day period (March 3 - April 1) and down $28,792 (4.6%) from the same time one year ago.Inventory Change
There were 1,838 1-bedroom condos listed in Toronto over the last 30 days (April 2 - May 1), which is up 37.8% compared with the previous 30 day period (March 3 - April 1) and up 69.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($8,401) (1.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $2,593 increase compared to the previous 30 day period (March 3 - April 1) and ($2,771) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (April 2 - May 1) stood at 37.7%, down from 46.0% over the previous 30 days (March 3 - April 1) and down from 73.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 27 days when successfully sold over the last 30 days (April 2 - May 1), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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