| Heat Included | |
| Hydro Included | |
| Water Included | |
| Cable TV Included | |
| Common Elements Included | |
| Building Insurance Included |
Featured
Listed 4 months ago
2108 - 40 Homewood Avenue
Cabbagetown-South St. James Town, Toronto
$359,000
Condo Apartment |
1 | 1 | 0 | 1
About this home
Welcome to 40 Homewood Ave, Suite 2108 a large bachelor smartly converted into a functional 1-bedroom, offering a comfortable layout and excellent value in the heart of the city. Enjoy an open-concept kitchen and living area with laminate flooring, plus a nicely updated 4-piece bath. Step out onto the full-width balcony and take in panoramic skyline views of Toronto.This is a solid, well-managed building with a healthy reserve fund and major upgrades completed, including windows, elevators, main entrance, exercise room, and indoor pool. Built in 1972, residents enjoy 24-hour concierge, storage locker, bike storage, and underground parking available for rent (approx. $100/month).
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 51-99 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $536 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | $1,847 |
| mls© Number | C13496050 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,838
- Property tax
- $154
- Heat allowance
- $150
- Condo fees, half counted
- $268
- Housing costs
- $2,409 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $71,800
25-yr amortization
Income needed
$74,000
gross annual household income
- Payment at 4%
- $1,511 / mo
- Cash down
- $71,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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