40 Homewood Ave 610
Cabbagetown-South St. James Town, Toronto, M4Y 2K2
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Property Description
Bright renovated large studio condo! Freshly painted and spotless! Walkout to the oversized tree-topped balcony and enjoy the morning sunrise along with the beautiful gardens. Divider wall adds privacy between bedroom area and living room with access on both sides. Newer kitchen with beautiful cabinetry, quartz countertop, breakfast bar and stainless steel appliances. Updated floor-to-ceiling patio doors, electrical panel, new lighting and dimmers, custom frosted glass closet doors with ample storage, blackout blinds, ductless A/C and extra large locker. Great amenities with indoor pool, gym, sauna, party room, bike storage and tons of visitors parking. Steps To TTC, Parks, The Village, Shops, TMU & Yonge Street. Condo fees Inclusive of all utilities: Heat, Hydro, Water, Bell Fibe T.V., Internet.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-21 | 2024-10-15 | 24 | $479,000 | - | Terminated |
Nearby Intersections
Jarvis & Carlton (60)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,752 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 8.01' x 3.44' | Ceramic Floor |
| Kitchen | Flat | 8.01' x 7.02' | Ceramic Floor |
| Living | Flat | 13.45' x 12.63' | W/O To Balcony, East View |
| Br | Flat | 13.45' x 7.02' | Combined W/Office, Large Closet, East View |
| Bathroom | Flat | 7.28' x 4.10' | Ceramic Floor, 4 Pc Bath, Pot Lights |
| Other | Flat | 20.60' x 5.97' | Balcony, Glass Doors, East View |
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Toronto Market Statistics
Toronto Price Trend
40 Homewood Ave 610 is a 1-bedroom 1-bathroom condo listed for sale at $439,000, which is $118,110 (21.2%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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