| Heat Included | |
| Hydro Included | |
| Water Included | |
| Cable TV Included | |
| Common Elements Included | |
| Building Insurance Included |
New3 hours ago
316 - 40 Homewood Avenue
Cabbagetown-South St. James Town, Toronto
$530,000
Condo Apartment |
2 | 1 | 1 | 1
About this home
Welcome to Unit 316 at 40 Homewood Ave a bright, well-kept corner 2-bedroom suite offering a rare sense of calm in the heart of downtown Toronto. Floor-to-ceiling windows in every room frame mature trees and bring in beautiful natural light, while updated closet doors and a well-maintained kitchen make this home move-in ready. This exceptionally well-managed building offers a welcoming community and an impressive collection of amenities, including a heated indoor pool, sauna, gym, updated party room and outdoor BBQ area. Maintenance fees include high-speed internet, cable TV and all utilities an added convenience and value. Ideally located minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm in the middle of everything and a move-in-ready opportunity in the heart of Toronto.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 51-99 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $764 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,317 |
| mls© Number | C13873366 |
| Listed By | PROPERTY.CA INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,713
- Property tax
- $193
- Heat allowance
- $150
- Condo fees, half counted
- $382
- Housing costs
- $3,438 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $106,000
25-yr amortization
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,230 / mo
- Cash down
- $106,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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