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3104 - 40 Homewood Avenue
Cabbagetown-South St. James Town, Toronto
$399,000
Spacious 1+Den offering approx. 740 Sq.Ft. in a meticulously managed building. Bright, sun-filled suite with unobstructed SE city & lake views from both the unit and 74 Sq.Ft. balcony. High sped Internet include. Steps to Eaton Centre, U of T, TMU, Bloor St., subway & downtown core. Exceptional all-inclusive amenities: cable (88 channels), gym, saltwater pool, sauna, BBQ area, Zen garden, library, hobby, meeting & party rooms with Wi-Fi. Free visitor parking, resident parking around $100/month & bike storage.
No extras listed.
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No upcoming open houses.
This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $811 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,277 |
| mls© Number | C13571264 |
| Listed By | BAY STREET INTEGRITY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,042
- Property tax
- $190
- Heat allowance
- $150
- Condo fees, half counted
- $406
- Housing costs
- $2,788 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$86,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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