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            #1016 40 Homewood Avenue

            near Jarvis/Carlton
            Price Changed -$51 (2020-07-09) $2,499 2+0bdr • 1ba • 1kit • 600-699sf
            Average Income
            $64,128
            Population Age
            46 y/old
            School Score
            5.55/10
            Price Index Change 1y
            -0.10%
            Price Index Change 3y
            +2.18%
            Rent Index Change 1y
            +0.40%
            Rent Index Change 3y
            +4.94%

            Condo Apt • Apartment #1016 • 10 Level

            #1016 40 Homewood Avenue, Cabbagetown-South St. James Town, Toronto
            • Rooms and Bathrooms 2+0 bedr, 1 bath
            • Kitchens 1
            • area 600-699
            • garage 0.0 None
            • exposure Nw
            • locker None
            • possession

              Tbd

            • 1 Year

            $2,499

            n/a

            CALCULATED NUMBERS:

            $2745

            89 Very Walkable

            87 Excellent Transit

            99 Biker's Paradise

            5.55/10

            Property Location Details
            • Toronto

            • Toronto

            • Cabbagetown-South St. James Town

            • Jarvis/Carlton

            • M4Y2K2

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

            BAY STREET GROUP INC., BROKERAGE

            Property Overview
            Amazing Downtown Location! Spacious Renovated 2 Bedroom Corner Unit With Sunny North And East Exposure. Large Living Room, New Windows And And Large Balcony With Great View Of The City. Live In The 'Heart' Of Toronto. Newer Painting, Renovated Cabinetry/Sink/Counter-Top And New Life For You. Central Location Only Minutes To Allan Gardens, Trendy Restaurants, Shopping, And Public Transit. Close To Ryerson & U Of T Loblaws, Allen Garden, Eaton Centre.
            Extras: Fridge, Stove, Exhaust Fan, Amenities Include Library, Gym, Visitor Parking, Indoor Pool, Exercise Rm, Rec Rm. Building Is Well Maintained.10 Minutes Walk To Yonge/College Subway, And 2 Min Walk To Street Car.
            Rooms details
            Living
            • Flat Level
            • Hardwood Floor
            • Window
            • W/O To Balcony
            • Size 4.20x4.39
            Dining
            • Flat Level
            • Hardwood Floor
            • Combined W/Living
            • Size 4.20x4.39
            Kitchen
            • Flat Level
            • Stainless Steel Appl
            • Quartz Counter
            • Size 3.00x1.85
            Master
            • Flat Level
            • Hardwood Floor
            • Closet
            • Size 3.30x3.46
            2nd Br
            • Flat Level
            • Hardwood Floor
            • Closet
            • Size 2.78x3.24
            Basement
            • None
            • Listing added to site: 2020-07-01 01:05:45
            • Last updated: 2020-07-10 00:09:48
            • Photos updated: 2020-07-01
            • Contract date: 2020-07-01
            • Input date: 2020-07-01
            • Expiry date: 2020-10-31
            • 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:

            1016 40 Homewood Avenue is a condo apt apartment, located in Cabbagetown-South St. James Town of city of Toronto, Toronto region, near Jarvis/Carlton, and has been available for lease on ITRealty since 2020-07-01. This unit is located at level 10 of the building and has North-West exposure of Homewood Ave. Condo registry office is YCP, corporation number 75.

            Lot Size and Living Area:

            1016 40 Homewood Avenue has 5+0 rooms in total, including 2+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 600-699 square feet. 40 Homewood Avenue building is appriximately 5 years old. And there is a coin operated laundry at this condo &(type).

            Heating and Cooling:

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

            Listing Features:


            AIDA has also found the following features: Modern/Renovated/Well Maintained, Swimming Pool, Price Change, AIDA Recommended, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

            Price & Cost Overview

            General:

            1016 40 Homewood Avenue condo apt is listed for $2,499.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,504.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Cabbagetown-South St. James Town, where 40 Homewood Avenue is located, has $992,977 Home Price Index, and $2,742 Home Rent Index. Average household income at dissemination area of 40 Homewood Avenue is $64,128, and average polulation age is 46 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,008,518, and average Home Rent Index $2,614.

            Similar Properties & Community Details:

            There are similar to 1016 40 Homewood Avenue 2 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 Avenue.
            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 Avenue, 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 89, 87, and 99 accordingly, location of 40 Homewood Avenue overall can be described as Very Walkable, Excellent Transit, and Biker's Paradise.

            1016 40 Homewood Avenue 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 (74 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 get rented?
            You may expect 3 to 4 properties like that to be sold in Cabbagetown-South St. James Town during the next 30 days.
            Seasonal sales fluctuation is showing -22% inventory decline comparing to the average annual number, which is equvalent to 3.83 properties sold per month, and -10% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 12 days, which is 39 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 105% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 29% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to 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 (51.1) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4813038 Comparative Market Analysis
            1016 40 Homewood Avenue 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 -0.10% comparig to the City of Toronto average of +6.64%

            Price Index 3y

            Price Index change was +2.18% comparig to the City of Toronto average of +3.475%

            Rent Index 1y

            Rent Index change was +0.40% comparig to the City of Toronto average of +4.385%

            Rent Index 3y

            Rent Index change was +2.18% comparig to the City of Toronto average of +3.475%

            Walkscore

            Walkscore 89 out of 100 means Very Walkable

            Transitscore

            Transitscore 87 out of 100 means Excellent Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 5.55 out of maximum 10 points

            Schools and Ratings

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

            Demographics & Housing Statistics