FOR SALE
$468,000
40 Homewood Ave 2503, Downtown Toronto
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
40 Homewood Ave 2503
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BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C11952760
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Property Description
Welcome to this beautifully renovated, 1-bedroom suite with a spacious layout and stunning, unobstructed west views! From the moment you walk in, you'll love the bright, airy atmosphere and the fantastic updates throughout, including a sleek, renovated kitchen and a fresh bathroom. Enjoy your own private balcony with a walk-out that lets you take in the incredible views, plus a large bedroom thats not just cozy- its king-sized bed approved! Floor-to-ceiling window and a double closet complete this dreamy space. **EXTRAS** Well managed building with amazing amenities like an indoor pool, concierge, gym & plenty of visitor parking. You'll be close to everything you need, TTC, Allen Gardens, the subway, Eaton Centre, Metropolitan University (formerly Ryerson).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-22 2022-07-13 22 $478,000 $468,000 Sold
Nearby Intersections
Property Features
Clear View, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,888 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Window Unit
Elevator
Yes
Parking Spaces
1
Parking 1
Rental
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain14.17' x 14.63'Combined W/Dining, Parquet Floor, Balcony
DiningMain14.17' x 14.63'Combined W/Living, Parquet Floor
Prim BdrmMain13.52' x 12.11'Parquet Floor, Backsplash, Renovated
KitchenMain7.97' x 6.50'Tile Floor, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 2503 is a 1-bedroom 1-bathroom condo listed for sale at $468,000, which is $89,110 (16.0%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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