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$419,900Asking Price

40 Homewood Avenue 1606, Toronto C08, ON M4Y 2K2 #1606

Jarvis Street Corridor, Toronto

Condo
1
Bedroom
1
Bath
1
Parking
Days on Market

Bright, spacious, and thoughtfully updated, this open-concept one-bedroom condo offers exceptional value in one of downtown Toronto's most established and well-managed buildings. The renovated kitchen features stainless steel appliances and flows seamlessly into the combined living and dining area, complete with hardwood floors and a walk-out to a large private balcony with unobstructed east and south city views. The unit has been upgraded with ductless air conditioning systems in both the living room and bedroom, providing efficient, customizable comfort year-round. A stylishly updated washroom and generous closet space complete this move-in-ready suite. Residents enjoy an impressive array of amenities, including an indoor swimming pool, full fitness centre, concierge and 24-hour security, recently renovated lobby and hallways, and well maintained common areas. Maintenance fees include all utilities - heat, hydro, water, cable TV, and internet, making budgeting simple and predictable. Parking is available through building management for approximately $100/month. Ideally located just steps to TTC transit, Toronto Metropolitan University, Church-Wellesley Village, parks, restaurants, shopping, and minutes to the downtown core, DVP, and Gardiner Expressway. An outstanding opportunity for end users, professionals, or investors seeking comfort, convenience, and long-term value in a prime urban location.

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Bright, spacious, and thoughtfully updated, this open-concept one-bedroom condo offers exceptional value in one of downtown Toronto's most established and well-managed buildings. The renovated kitchen features stainless steel appliances and flows seamlessly into the combined living and dining area, complete with hardwood floors and a walk-out to a large private balcony with unobstructed east and south city views. The unit has been upgraded with ductless air conditioning systems in both the living room and bedroom, providing efficient, customizable comfort year-round. A stylishly updated washroom and generous closet space complete this move-in-ready suite. Residents enjoy an impressive array of amenities, including an indoor swimming pool, full fitness centre, concierge and 24-hour security, recently renovated lobby and hallways, and well maintained common areas. Maintenance fees include all utilities - heat, hydro, water, cable TV, and internet, making budgeting simple and predictable. Parking is available through building management for approximately $100/month. Ideally located just steps to TTC transit, Toronto Metropolitan University, Church-Wellesley Village, parks, restaurants, shopping, and minutes to the downtown core, DVP, and Gardiner Expressway. An outstanding opportunity for end users, professionals, or investors seeking comfort, convenience, and long-term value in a prime urban location.

Key Info

  • Apartment Condo
  • 1 Parking
  • Jarvis & Carlton
  • 500-599 Approximate Sq Feet
  • South-East Exposure
  • Open Balcony
  • No Ensuite Laundry
  • Exclusive Locker #57
  • Electric Heating

Property

  • $494 Monthly Condo Fees
  • Includes: Heat, Hydro, Water, Common Elements, Building Insurance.
  • Excludes: Cable TV, Central A/C, Parking
  • Taxes were $2,013 in 2025
  • Possession: Flexible

Details

  • Brick/Concrete Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #75
  • Condo Registry Office: YCC
  • MLS #C12687534
  • ROYAL LEPAGE YOUR COMMUNITY REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Flat 9.91' x 8.69' Breakfast Bar, Ceramic Floor, Custom Backsplash
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.

Families

Kids Per Family

0.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

60% of residents are
single and loving it.

60% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

58% of residents
are renters.

58% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

62% of residents are
university grads.

62% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$97K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

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

Immigrants

37% of residents were
born outside of Canada.

37% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

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)