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43.73° N · 79.40° W — Toronto & nearby · 9,731 homes for sale today43.73° N · 79.40° W — 9,731 homes today(647) 554-7436Saved

43.6644° N · 79.3755° W — Cabbagetown-South St. James Town, Toronto — MLS® #C14117220

807-40 Homewood Ave

$389,000

Cabbagetown-South St. James Town, Toronto, Ontario M4Y 2K2

1
BedroomsBeds
1
BathroomsBaths
500-599 sqft500-599
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

807-40 Homewood Ave is a 1-bedroom, 1-bathroom condo in Cabbagetown-South St. James Town, Toronto, listed for sale at an asking price of $389,000 (MLS® C14117220).

Large, bright full size 1 bedroom condo with large generous living and dining space and 18ft west facing balcony. Full size kitchen with lots of cupboards and storage. Full, large 4 piece bathroom. Condo has many large closets for storage. Large 12.3 x 8.9 ft bedroom with a double closets and floor to ceiling windows. Separate, owned locker for extra storage is included. One underground parking also included if desired. Condo includes ALL utilities - Heat, Hydro, Water, Bell Fibe Internet & Crave TV! 40 Homewood Ave. is a sought after building for location, value and community. A real community loved by its residence - just ask them. Close to all amenities, TTC, Subway, shops, groceries, parks etc... This is the one. Floor plans attached.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 32Shortfall

    Cash flow quality

    −$708/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 10 homes with 1 bedroom for lease in Cabbagetown-South St. James Town right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$2,029 / 2025
MLS® number
C14117220
Board
TRREB MLS®
Property Type
Condo Apt
Time on market
Size
500-599 sqft
Listed on
Parking
1 Underground, 1 Parking

Listing history

Listing activity for 807-40 Homewood Ave, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$389,000N/AFor SaleC14117220

Inside

Room by room

From the listing.

Main5 rooms
  • Living4.2 × 4.0 mLarge Window, hardwood floor, Combined W/Dining
  • Dining4.2 × 4.0 mLarge Window, hardwood floor, Combined W/Living
  • Kitchen1.6 × 2.9 mWindow, Stainless Steel Appl
  • Foyer1.0 × 2.4 mCloset
  • Br2.7 × 3.7 mLarge Window, Large Closet, hardwood floor

Property

Property Type
Condo Apt
Style
Apartment
Community
Cabbagetown-South St. James Town
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Wall Unit
Heating Type
Baseboard

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Wellesley StationTTC subway: Line 1 Yonge-University650 m
College StationTTC subway: Line 1 Yonge-University750 m
Sherbourne StationTTC subway: Line 2 Bloor-Danforth850 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train2.1 km
Eglinton StationTTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton4.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Cabbagetown-South St. James Town

Active listings only, today.

Condos for sale in Cabbagetown-South St. James Town right now

For sale now
20
Median asking price
$544K

Middle half: $457K to $610K

New in 7 days
1

12 in 28 days

Price cuts
10%

2 listings

This home is asking 28% below the median, lower than three quarters of them.

See all homes in Cabbagetown-South St. James Town

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningR (d2.5) (x708)Residential zone (R) · Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(708)
  • Permits3 clearedBuilding Permit Related(MS) Issued May 19, 2021 · Building Permit Related(PS) Issued May 19, 2021 · Interior Alterations Issued May 19, 2021
  • Signals nearby6 to note410 SHERBOURNE ST, Condominium, 110 m away · 410 SHERBOURNE ST, Site plan, 110 m away · 405 SHERBOURNE ST, Site plan, 170 m away · 383 SHERBOURNE ST, Site plan, 200 m away · 440 JARVIS ST, Site plan, 280 m away · 440 JARVIS ST, Official plan or zoning amendment, 280 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record43 building permits issued within 250 m in the last 2 years
  • devappsOn record4 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
  • airportOn recordNearest airport: 3.6 km
  • parcelOn recordMapped parcel: about 87,750 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 25 test or monitoring holes also recorded.
  • groundwaterOn recordGroundwater recorded about 11.8 m below ground nearby The middle water level in the well records within 500 m (284 records). It changes with the season and from spot to spot.
  • npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Walton Street Steam Plant, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Land transfer tax on this home

Ontario land transfer tax
$4,310
Toronto municipal land transfer tax
$4,310
Total land transfer tax
$8,620
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,310
Total for first-time buyers
$310
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $389,000
$2,085
Ontario total
$4,310

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,310.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Our Lady of Lourdes Catholic SchoolToronto CDSBCatholic · grades JK–866%Grade 6 average200 m
  • Church Street Junior Public SchoolToronto DSBPublic · grades JK–672%Grade 6 average300 m
  • Winchester Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion77%Grade 6 average400 m
  • École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average900 m

SecondaryGrade 9 math 2024–25

  • Jarvis Collegiate InstituteToronto DSBPublic · grades 9–1234%Grade 9 math200 m
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math250 m
  • Native Learning CentreToronto DSBPublic · grades 9–12—350 m
  • Msgr Fraser College (Isabella Campus)Toronto CDSBCatholic · grades 9–12—600 m

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$389,000

A month, all in

$2,533

  • Mortgage$1,775
  • Property tax$169
  • Condo or maintenance fee$589

A planning figure, not a quote.

Land transfer tax

$8,620

$310 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$1,825

a month, median asking rent of 10 similar homes in Cabbagetown-South St. James Town.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

Want to see it this week?

Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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