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40 Homewood Avenue 414

Cabbagetown-South St. James Town, Toronto, M4Y 2K2 · More in this building

$469,000

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  • 1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 600-699 sq ft

Listed 12 days ago · MLS® C13877702

About this home

Some condos just feel good the moment you walk in. Suite 414 is one of them. One of the building's largest one-bedroom layouts, this beautifully bright and thoughtfully updated suite offers exceptional value, with mature trees just beyond the windows creating a sense of calm that feels remarkably removed from the city below. Facing east, the windows look directly into a canopy of mature trees, giving the entire space a private, almost treehouse-like feel that's especially lovely in the morning light. The renovated kitchen is beautifully considered and designed to work effortlessly with the living and dining spaces, while hardwood floors run throughout. Step outside from the dining room onto your private balcony - morning coffee highly encouraged. The spacious bedroom features a generous double closet, while a second double closet in the entry and an exclusive-use locker provide plenty of additional storage. Exceptionally well managed, the building has a true sense of community alongside amenities that feel decidedly more hotel than condo: a heated indoor pool, 24-hr concierge, sauna, updated party room, gym and outdoor BBQ area - to name a few. Maintenance fees are all-inclusive, even cable and high-speed internet, and parking is available to rent. For a first-time buyer, it's a smart way into the market without compromising on space. For a downsizer, there's room to live comfortably and a genuine sense of community. And as a pied-à-terre? You'd be hard-pressed to find a more convenient home base. Minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm, right in the middle of everything.

Details

Type
Condo Apartment
Style
Apartment
Size
600-699 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$2,325 (2026)
Maintenance fee
$811/month
Neighbourhood
Cabbagetown-South St. James Town
Municipality
Toronto C08
Price per sq ft
$722 (about the same as condo apartments in Cabbagetown-South St. James Town)
Fee per sq ft
$1.25/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece (main)
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
Coin Operated
Features
Primary Bedroom - Main Floor

Heating, cooling and services

Heating
Radiant, Electric
Air conditioning
Wall Unit(s)

Building and exterior

Style
Apartment
Exterior
Brick
Outdoor
Landscaped, Controlled Entry

Condo

Monthly fee
$811
Fee includes
Heat Included, Water Included, Hydro Included, Common Elements Included, Cable TV Included, CAC Included, Building Insurance Included
Amenities
Bike Storage, Concierge, Gym, Indoor Pool, Sauna, Visitor Parking
Locker
Exclusive (level B)
Balcony
Enclosed
Exposure
East
Pets
Yes-with Restrictions
Security
Concierge/Security, Smoke Detector
Property manager
ICC Property Management 416-923-2268

More

Possession
30-60/TBD
Nearby
Hospital, Park, Rec./Commun.Centre, School, Public Transit, Library
Cross street
Wellesley St E & Jarvis St

Rooms

RoomLevelSizeFeatures
Dining RoomFlat2.57 × 2.29 m (8'5" × 7'6")W/O To Balcony, East View, Hardwood Floor
Living RoomFlat
KitchenFlat3.3 × 2.21 m (10'10" × 7'3")Renovated, Stainless Steel Appl, Tile Floor
BedroomFlat4.27 × 3.15 m (14' × 10'4")Double Closet, Hardwood Floor, East View

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Wellesley Subway10 min walk
  • 🚇 College Subway11 min walk
  • 🚆 Toronto Union Station GO2.2 km

Within a 10-minute walk: 25 grocery stores, 286 cafés and restaurants, 27 parks, 37 pharmacies. Nearest grocery: Little Bee Supermarket (150 m). Nearest park: Montague Parkette (50 m).

Schools nearby

Elementary

  • Our Lady of Lourdes Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 43%    3 min walk
  • Church Street Junior Public School
    EQAO: Gr 6 reading 84%, math 45%    5 min walk
  • Winchester Junior and Senior Public School
    EQAO: Gr 6 reading 89%, math 57%    7 min walk
  • Rose Avenue Junior Public School
    EQAO: Gr 6 reading 67%, math 14%    11 min walk

Secondary

  • Jarvis Collegiate Institute
    EQAO: Gr 9 math 34%, literacy test 80%    3 min walk
  • Collège français French4 min walk
  • Native Learning Centre5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4Y

Owners / renters
29% / 71%
Median household income
$62,400
Average age
39
Children under 15
4%
Homes
0% detached, 91% high-rise
Commute by transit
31%
Population
36,319

Languages spoken most at home besides English: Mandarin 7.6%, Korean 1.5%, Spanish 1.3%, Iranian Persian 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Cabbagetown-South St.James Town (2025): 26% above the Toronto average, down 8% from the year before.

  • Assault40% above average
  • Break and enter70% above average
  • Auto theft59% below average
  • Robbery85% above average
  • Theft from vehiclesabout average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 25 active

  • 405 SHERBOURNE ST · 200 m
    Site Plan · Application Received · applied 2026
    Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and…
    Application details
  • 349 GEORGE ST · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70…
    Application details
  • 440 JARVIS ST · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 56-storey mixed-use building. The proposed building contains a total of 579 dwelling units, of which 36 are rental replacement units,…
    Application details
  • 211 GERRARD ST E · 500 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 10-storey mixed use building with 60 purpose-built rental units and commercial uses at grade.
    Application details
  • 440 JARVIS ST · 300 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a 56-storey mixed-use building. The proposed building contains a total of 579 dwelling units, of which 36…
    Application details
  • 508 CHURCH ST · 400 m
    Site Plan · OMB Appeal · applied 2024
    Site Plan Approval for a 48 storey mixed use building and restoration to the heritage protected properties at 508-510 Church St. Approximately 4390 square…
    Application details

35 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 1.1 km
  • 🚧 Queen 1.3 km
  • 🚧 Distillery District 1.7 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2021 · Closed
    PROPOSED: New LULA elevator between levels B2 and B3 in existing residential condominium building

2 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

39 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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