40 Homewood Ave 2310
FOR SALE
$439,900
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Property Description
Experience stunning panoramic views from your spacious balcony in this beautifully renovated 23rd-floor suite. Bright and open, this affordable unit boasts an open-concept living area with floor-to-ceiling windows and engineered hardwood flooring throughout. The custom-designed walnut kitchen features a breakfast bar, full upper cabinets, quartz countertops, and stainless steel appliances. A media wall with walnut shelves and built-in storage divides the bedroom and living room, adding a modern touch. The spa-like bathroom provides a touch of luxury. Save more with low maintenance fees, which include all utilities, internet, and cable TV. The building offers outstanding amenities such as a large indoor saltwater pool, gym & 24Hr Concierge. Perfectly located in the heart of downtown, just steps away from the Loblaws flagship store, College Park subway station, TMU (formerly Ryerson), and UofT. Rental parking is available for $100/month.
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Extras
Maintenance Fees Includes All Utilities. Amenities Includes; Gym, indoor pool, party room, 24Hr concierge & visitor parking.
Nearby Intersections
Jarvis & Carlton (101)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,752 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.58' x 8.01' | W/W Closet, Closet Organizers, Ceramic Floor |
| Living | Main | 11.78' x 14.07' | Hardwood Floor, B/I Shelves, W/O To Balcony |
| Kitchen | Main | 7.05' x 9.51' | Hardwood Floor, Quartz Counter, Stainless Steel Appl |
| Br | Main | 7.25' x 13.75' | Hardwood Floor, Closet Organizers, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 2310 is a 1-bedroom 1-bathroom condo listed for sale at $439,900, which is $134,182 (23.4%) lower than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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