| Heat Included | |
| Water Included | |
| Cable TV Included | |
| Hydro Included | |
| Common Elements Included | |
| Building Insurance Included |




















609 - 40 Homewood Avenue
Cabbagetown-South St. James Town, Toronto
$369,000
This bright one-bedroom delivers a well-planned layout with no wasted space and a surprisingly generous eat-in kitchen. The west-facing exposure brings afternoon and evening light, along with a refreshingly peaceful view of the trees below. The real standout is the approximately 18' x 8' private balcony: freshly painted and large enough for a proper table and chairs, with room left over for planters and your own container garden. Fresh paint and updated flooring inside provide a move-in-ready baseline, and an exclusive locker adds useful storage beyond the suite. Maintenance fees include heat, hydro, water, and cable TV, and building amenities include an indoor pool, gym, sauna, bike storage, party and meeting rooms, visitor parking, concierge, and security. Parking spaces are available in the building for $110/month. With a 94 Walk Score, Loblaws, Food Basics and No Frills are within walking distance, along with dining, nightlife and cultural destinations on Church and Yonge and beyond.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $504 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $1,895 |
| mls© Number | C13696174 |
| Listed By | BSPOKE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,889
- Property tax
- $158
- Heat allowance
- $150
- Condo fees, half counted
- $252
- Housing costs
- $2,449 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$75,000
gross annual household income
- Payment at 4%
- $1,553 / mo
- Cash down
- $73,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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