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            For Sale 13 Days On Site

            #803 40 Homewood Ave

            near Carlton & Homewood
            $459,000 1+0bdr • 1ba • 1kit • 500-599sf
            Average Income
            $64,128
            Population Age
            46 y/old
            School Score
            5.55/10
            Price Index Change 1y
            +8.73%
            Price Index Change 3y
            +14.11%
            Rent Index Change 1y
            -3.35%
            Rent Index Change 3y
            +1.92%

            Condo Apt • Apartment #803 • 8 Level

            #803 40 Homewood Ave, Cabbagetown-South St. James Town, Toronto
            • Rooms and Bathrooms 1+0 bedr, 1 bath
            • Kitchens 1
            • area 500-599
            • garage 1.0 Undergrnd
            • exposure W
            • age n/a
            • locker Exclusiv
            • possession

              60 Days

            $459,000

            $1,583.22
            Tax yr: 2020

            $485.72/m

            CALCULATED NUMBERS:

            $1722.00

            calculator

            $1700

            3

            92 Walker's Paradise

            88 Excellent Transit

            99 Biker's Paradise

            5.55/10

            Property Location Details
            • Toronto

            • Toronto

            • Cabbagetown-South St. James Town

            • Carlton & Homewood

            • M4Y2K2

            • Residential

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            HARVEY KALLES REAL ESTATE LTD., BROKERAGE

            Property Overview
            Over 25K In Recent Renos Shows Perfectly. Move In And Enjoy. Best Price In Building. O/Look Luscious Garden And Park Like Setting. . Enjoy Sunset On Fabulous Terrace. Ultra Modern White Kitchen With 4 S/S Appl.. Huge Master W/Wall Closet. Maintenance Is All-Inclusive (Cable, Heat, Hydro) Fabulous Building Amenities. Walk To Vibrant Village With Shops And Restaurants. Park 100 P/M Mirrored Doors To Be Installed B4 Closing
            Extras: Stainless Steel Fridge, Stove, Built-In Microwave, Dishwasher, All Electric Light Fixtures, Ac Unit Portable, New Bedroom Closets Mirrored Doors To Be Installed B/4 Closing . Exclusive Locker #105 Reno'd Kit W/New Appliances Sept 2020
            Video tour available. Click to watch.
            Property Features
            • Clear View
            • Library
            • Park
            • Rec Centre
            • School
            • Brick
            • Bike Storage
            • Concierge
            • Gym
            • Indoor Pool
            • Visitor Parking
            • Common Elements Included
            • Heat Included
            • Hydro Included
            • Building Insurance Included
            • Water Included
            • Cable TV Included
            • Condo Taxes Included
            • Elevator
            • Ensuite Laundry
            • Fireplace/Stove
            • Parking Included
            • Retirement
            • Family Room
            • CAC Included
            • Central Vac
            Rooms details
            Kitchen
            • Flat Level
            • Renovated
            • Size 2.10x2.60
            Living
            • Flat Level
            • Hardwood Floor
            • Combined W/Dining
            • W/O To Balcony
            • Size 3.60x4.40
            Dining
            • Flat Level
            • Combined W/Living
            • Hardwood Floor
            • West View
            • Size 3.60x4.40
            Master
            • Flat Level
            • Hardwood Floor
            • Double Closet
            • Window Flr To Ceil
            • Size 3.20x4.50
            Bathroom
            • Flat Level
            • 4 Pc Bath
            • Updated
            • Size 1.50x2.20
            Foyer
            • Flat Level
            • Ceramic Floor
            • Mirrored Closet
            • Size 1.09x1.85
            Other
            • Flat Level
            • Balcony
            • West View
            • Size 1.83x4.57
            Basement
            • None
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            • Listing added to site: 2020-11-14 00:14:03
            • Last updated: 2020-11-14 00:14:02
            • Photos updated: 2020-11-13
            • Contract date: 0000-00-00
            • Input date: 0000-00-00
            • Expiry date: 0000-00-00
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            803 40 Homewood Ave is a condo apt apartment, located in Cabbagetown-South St. James Town of city of Toronto, Toronto region, near Carlton & Homewood, and has been available for sale on ITRealty since 2020-11-14. This unit is located at level 8 of the building and has West exposure of Homewood Ave. Condo registry office is YCC, corporation number 75.

            Lot Size and Living Area:

            803 40 Homewood Ave has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 500-599 square feet.
            1.0 parking space(s) are rental and located undergrnd at level . The locker is exclusiv. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            The condo heat source is Electric, the heat type is Radiant and air-conditioning is Window Unit.

            Listing Features:

            This condo is featuring Clear View, Library, Park, Rec Centre, School at, or near the property.
            AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Move In Condition, AIDA Recommended.

            Price & Cost Overview

            General:

            803 40 Homewood Ave condo apt is listed for $459,000. Property tax for year 2020 was $1,583. And the monthly maintenance fee was $486.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $548,850.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,722, and total expenses, including the mortgage, property tax and maintenance, fee around $1,894, assuming $459,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 803 40 Homewood Ave, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $6,900 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Cabbagetown-South St. James Town, where 40 Homewood Ave is located, has $1,074,138 Home Price Index, and $2,595 Home Rent Index. Average household income at dissemination area of 40 Homewood Ave is $64,128, and average polulation age is 46 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,749, and average Home Rent Index $2,566.

            Similar Properties & Community Details:

            There are similar to 803 40 Homewood Ave 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 40 Homewood Ave.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Cabbagetown-South St. James Town neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 40 Homewood Ave, or schools, which boundaries this address belongs to with an average School Score 5.55 out of 10. Here are more details about these schools:
            1. Church Street Junior Public School (Grades JK-06), Public, Elementary, ranked as Average.
            2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 92, 88, and 99 accordingly, location of 40 Homewood Ave overall can be described as Walker's Paradise, Excellent Transit, and Biker's Paradise.

            803 40 Homewood Ave Listings History Powered By AIDA
            Cabbagetown-south St. James Town, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (93 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 2 to 3 properties like that to be sold in Cabbagetown-South St. James Town during the next 30 days.
            Seasonal sales fluctuation is showing 0% inventory increase comparing to the average annual number, which is equvalent to 2.33 properties sold per month, and 27% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 13 days, which is 3 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing 59% D.O.M. increase comparing to the average annual number, which is equvalent to 10 D.O.M., and 12% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 2.25% above its asking price in Cabbagetown-South St. James Town.
            The selling to asking price ratio is growing in Cabbagetown-South St. James Town.
            This property has been on the market for less than average number of days it takes a home to sell in Cabbagetown-South St. James Town (16.4) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4988939 Comparative Market Analysis
            803 40 Homewood Ave Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Cabbagetown-south St. James Town, Toronto, to the City of Toronto for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +8.73% comparig to the City of Toronto average of +12.835%

            Price Index 3y

            Price Index change was +14.11% comparig to the City of Toronto average of +5.525%

            Rent Index 1y

            Rent Index change was -3.35% comparig to the City of Toronto average of +2.81%

            Rent Index 3y

            Rent Index change was +14.11% comparig to the City of Toronto average of +5.525%

            Walkscore

            Walkscore 92 out of 100 means Walker's Paradise

            Transitscore

            Transitscore 88 out of 100 means Excellent Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 5.55 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
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            Mortgage & Financing Details

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            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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