on Jun 18, 2025

$535,129 Sold Price

$550,000Asking Price

#2217 - 40 Homewood Avenue, Toronto, ON M4Y 2K2 #2217

Jarvis Street Corridor, Toronto

Other
2
Bedrooms
1
Bath
1
Parking
Days on Market

Built in an era where condos were built like homes, 40 Homewood Ave is a standout address in a sea of shoebox condos and nameless neighbours. With its depth of community and that Classic Toronto charm, the affordable pricing just gives you the perfect reason to consider this as your new home. A rarely available 2-bedroom opportunity at this iconic address, this bright, updated suite offers a clear west-facing view from an oversized private balcony perfect for sunset unwinding or entertaining.Inside, you'll find thoughtful upgrades throughout, including floor to ceiling windows with sliding doors, a stylish kitchen with modern finishes (granite counters) and a built-in Murphy bed in the second bedroom. Laminate runs throughout, and the open-concept living and dining area is bathed in natural light thanks to wall-to-wall windows. 40 Homewood is not just any condo its one of Toronto's first purpose-built condominium residences, with a reputation for exceptional community spirit and long-term resident satisfaction with stellar online reviews to boast (Google "40 Homewood Reviews")! It has stood the test of time through thoughtful management and major renovations to common areas including the lobby, hallways, elevators, andmore. Monthly maintenance fees include ALL utilities, cable TV, and high-speed Internet. Enjoy top-tier amenities: a full fitness centre, 20m (65ft) indoor pool, sauna, community library, party room, BBQ terrace, bike storage, 24/7 concierge and ample visitor parking. This is an inclusive, pet-friendly building with a strong sense of community in a vibrant and central location (see resident webpage in the list of links). Steps to TTC, TMU, Allan Gardens, The Village, and Cabbage towns charming shops and restaurants, this home blends heritage charm with urban convenience. Whether you're a first-time buyer, downsizer, or investor, this is a chance to join one of downtowns most well-established and welcoming buildings. Vacant and easy to see.See it today!

Built in an era where condos were built like homes, 40 Homewood Ave is a standout address in a sea of shoebox condos and nameless neighbours. With its depth of community and that Classic Toronto charm, the affordable pricing just gives you the perfect reason to consider this as your new home. A rarely available 2-bedroom opportunity at this iconic address, this bright, updated suite offers a clear west-facing view from an oversized private balcony perfect for sunset unwinding or entertaining.Inside, you'll find thoughtful upgrades throughout, including floor to ceiling windows with sliding doors, a stylish kitchen with modern finishes (granite counters) and a built-in Murphy bed in the second bedroom. Laminate runs throughout, and the open-concept living and dining area is bathed in natural light thanks to wall-to-wall windows. 40 Homewood is not just any condo its one of Toronto's first purpose-built condominium residences, with a reputation for exceptional community spirit and long-term resident satisfaction with stellar online reviews to boast (Google "40 Homewood Reviews")! It has stood the test of time through thoughtful management and major renovations to common areas including the lobby, hallways, elevators, andmore. Monthly maintenance fees include ALL utilities, cable TV, and high-speed Internet. Enjoy top-tier amenities: a full fitness centre, 20m (65ft) indoor pool, sauna, community library, party room, BBQ terrace, bike storage, 24/7 concierge and ample visitor parking. This is an inclusive, pet-friendly building with a strong sense of community in a vibrant and central location (see resident webpage in the list of links). Steps to TTC, TMU, Allan Gardens, The Village, and Cabbage towns charming shops and restaurants, this home blends heritage charm with urban convenience. Whether you're a first-time buyer, downsizer, or investor, this is a chance to join one of downtowns most well-established and welcoming buildings. Vacant and easy to see.See it today!

Key Info

  • Apartment Other
  • 1 Parking
  • Jarvis St / Carlton St
  • 600-699 Approximate Sq Feet
  • North-West Exposure
  • Open Balcony
  • No Ensuite Laundry
  • Exclusive Locker
  • Radiant Electric Heating

Property

  • $724 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance.
  • Excludes: Parking
  • Amenities: Concierge, Gym, Pool, Visitor Parking
  • Taxes were $2,146 in 2024
  • Possession: 30-60 Days TBA

Details

  • Brick/Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C12159215
  • ROYAL LEPAGE SIGNATURE REALTY

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom in Flat

Who lives here?

Jarvis Street Corridor, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, education, law & public sector and arts & culture professionals and salespeople. Residents tend to be older with a significant number of adults aged 25 to 59.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

Created with Highcharts 7.1.2Highcharts.com

60% of residents are
single and loving it.

60% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

58% of residents
are renters.

58% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

62% of residents are
university grads.

62% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$97K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 18%
Business 14%
Management 11%
Government 11%
Sciences 7%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

37% of residents were
born outside of Canada.

37% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

Philippines was once home to 3.2% of immigrants.
India 2.9%
UK 2.5%
Caribbean 2.2%
China 2.2%

3.2% from Philippines
All-time

Birthplace - Recent

India was once home to 0.9% of immigrants.
Russia 0.6%
Iran 0.6%
USA 0.6%
China 0.5%

0.9% from India
Recent

Foreign Languages

Foreign Languages

French 4%
Spanish 3%
Tagalog 2%
Mandarin 2%
Russian 2%

Religions

Religions

Christian 48%
Muslim 6%
Jewish 3%
Hindu 2%
Buddhist 2%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)