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Unit 1509 at 40 Homewood Avenue Condos

Sold

40 Homewood Avenue 1509, Toronto C08, ON M4Y 2K2

MLS #C8364910

$492,000

Sold on July 31, 2024

July 31, 2024

Originally listed at $509,000 25 days on market

About This Property

Lovely, large & light! Move right into this one-bedroom condo located in the ever-so-convenient Church/Wellesley neighbourhood. This meticulously renovated unit has been perfectly maintained + updated including fresh white paint, stainless steel appliances, quartz countertops, new floors & more (see feature sheet for the endless list of upgrades)! Enjoy this functional space with large rooms, plenty of storage & a perfect work-from-home nook. Lovely floor-to-ceiling windows with a massive, quiet balcony + a West view that catches all the sunlight! 97 walk score = walk to all your daily amenities + parks + subway. If you have a car, this place has easy parking (and a locker I might add).

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($453/mo) and property tax ($1,646/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$925/sqft
Cabbagetown-South St. James Town
$664/sqft+39.4%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryNo
Corp #TSCC-75
MLS Size500-599
Listed OnMay 22, 2024
Maintenance Fees$453/month
Property Tax$1,646/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Foyer(Flat)2.39 x 1.077.8 x 3.5-
Foyer(Flat)2.39 x 1.077.8 x 3.5-
Living Room(Flat)3.76 x 3.5112.3 x 11.5-
Living Room(Flat)3.76 x 3.5112.3 x 11.5-
Dining Room(Flat)4.62 x 1.9315.2 x 6.3-
Kitchen(Flat)4.62 x 1.9315.2 x 6.3-
Dining Room(Flat)4.62 x 1.9315.2 x 6.3-
Kitchen(Flat)4.62 x 1.9315.2 x 6.3-
Bedroom(Flat)3.68 x 2.7412.1 x 9.0-
Bedroom(Flat)3.68 x 2.7412.1 x 9.0-
Bathroom(Flat)1.83 x 1.576.0 x 5.2-
Bathroom(Flat)1.83 x 1.576.0 x 5.2-
Other(Flat)5.56 x 2.4618.2 x 8.1-
Other(Flat)5.56 x 2.4618.2 x 8.1-

Room Dimensions Available

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Unit 1509 History

Complete transaction history for this unit

Leased

Leased: Jan 31, 2026

$1,995/mo

4 days on marketLease
View Property Details →

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Price History

Original List Price

$509,000

Listed on May 22, 2024

Sold Price

$492,000

Sold on Jul 31, 2024

-$17,000

-3.3%

25 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building Name40 Homewood Avenue Condos
Address40 Homewood Avenue, Toronto C08
Parking TypeUnderground

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About Unit 1509 at 40 Homewood Avenue Condos

Unit 1509 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 500-599 square feet located at 40 Homewood Avenue Condos, 40 Homewood Avenue, Toronto C08. This unit is currently sold (sold for $492K).

About 40 Homewood Avenue Condos

40 Homewood Avenue Condos is located at 40 Homewood Avenue, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Cabbagetown-South St. James Town Neighbourhood

This unit is located in Cabbagetown-South St. James Town, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at 40 Homewood Avenue Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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