316 - 40 Homewood Avenue, photo 1

For sale Cabbagetown-South St. James Town, Toronto, ON

316 - 40 Homewood Avenue

List price
$530,000
Sq ft
600-699
Bedrooms
2
Bathrooms
1

About this home

Welcome to Unit 316 at 40 Homewood Ave a bright, well-kept corner 2-bedroom suite offering a rare sense of calm in the heart of downtown Toronto. Floor-to-ceiling windows in every room frame mature trees and bring in beautiful natural light, while updated closet doors and a well-maintained kitchen make this home move-in ready. This exceptionally well-managed building offers a welcoming community and an impressive collection of amenities, including a heated indoor pool, sauna, gym, updated party room and outdoor BBQ area. Maintenance fees include high-speed internet, cable TV and all utilities an added convenience and value. Ideally located minutes from Cabbagetown, Yonge & Bloor, Wellesley and College subway stations, Loblaws, LCBO, TMU and U of T. A little calm in the middle of everything and a move-in-ready opportunity in the heart of Toronto.

Photos of 316 - 40 Homewood Avenue

Facts and features of 316 - 40 Homewood Avenue

Key facts
TypeCondo Apartment
StyleApartment
Bedrooms2
Bathrooms1
Size600-699 sq ft
Parking1
GarageUnderground
HeatingRadiant
CoolingWall Unit(s)
BasementNone
ExteriorBrick
Age51-99
Taxes$2,317 (2026)
Maintenance fee$764 a month
Days on market22
Listing brokeragePROPERTY.CA INC.

Rooms

4 rooms, with sizes

RoomLevelSizeFeatures
Living Room Main 0′ 0″ × 0′ 0″ window floor to ceiling, carpet free, open concept
Bedroom 2 Main 0′ 0″ × 0′ 0″ ceiling fan(s), carpet free, window floor to ceiling
Primary Bedroom Main 0′ 0″ × 0′ 0″ ceiling fan(s), carpet free, window floor to ceiling
Kitchen Main 0′ 0″ × 0′ 0″ backsplash, stone counters, tile floor

Around this home

What’s near 316 - 40 Homewood Avenue

From 316 - 40 Homewood Avenue, the nearest station is Wellesley station (Line 1 Yonge-University), 11 minutes on foot; the nearest grocery store is Little Bee Supermarket, 3 minutes on foot; the nearest TDSB elementary school is Church Street Junior Public School, 6 minutes on foot; and the nearest park is Montague Parkette, 2 minutes on foot.

Transit

  • Wellesley station Line 1 Yonge-University 11 min walk
  • College station Line 1 Yonge-University 11 min walk
  • Sherbourne station Line 2 Bloor-Danforth 12 min walk

Groceries and pharmacies

  • Little Bee Supermarket Grocery 3 min walk
  • Rabba Grocery 3 min walk
  • Ottway Herbs & Vitamins Pharmacy 7 min walk
  • MedsEXPERT Pharmacy Pharmacy 7 min walk
  • Loblaws Grocery 7 min walk

Parks

  • Montague Parkette Park 2 min walk
  • Allan Gardens Park 5 min walk
  • Bleecker Parkette Park 7 min walk

Schools

  • St Martin Catholic School(OL of Lourdes Catholic elementary · 6-8 5 min walk
  • Jarvis Collegiate Institute TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 34% · Gr 10 literacy 80% 3 min walk
  • Church Street Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 84% · Gr 6 math 45% 6 min walk
  • Winchester Junior and Senior Public School TDSB elementary · JK-8 EQAO 2024-25: Gr 6 reading 89% · Gr 6 math 57% 9 min walk
  • Msgr Fraser College (Isabella Campus) Catholic secondary · 9-12 9 min walk

Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.

Community

  • St. James Town Library Library 5 min walk
  • Wellesley Community Centre Community centre 5 min walk
  • Aquatic Centre Pool or arena 6 min walk

Restaurants

Places: OpenStreetMap contributors, October 2026. Walking times: Mapbox. Schools: EQAO 2024-25, Ontario Ministry of Education.

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MLS® C13873366 Data source: PropTx Listed October 7, 2026