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2216 - 40 Homewood Avenue
Cabbagetown-South St. James Town, Toronto
$539,000
Welcome to Unit 2216 at 40 Homewood Ave - a beautifully renovated corner 2-bedroom suite in a vibrant downtown Toronto community. This bright and stylish residence has been thoughtfully updated throughout, featuring new engineered oak hardwood flooring in a striking herringbone pattern, a brand-new kitchen with new appliances, and a fully renovated bathroom complete with a new tub, vanity, toilet, and floor tile. Enjoy the convenience of maintenance fees that include high-speed internet, cable TV, and all utilities. Best of all, take in breathtaking southeast-facing city views stretching all the way to the lake. A move-in-ready opportunity in the heart of Toronto!
No extras listed.
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Sat, Sep 5
3:00 PM – 5:00 PM
Sun, Sep 6
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $764 |
| Locker | Exclusive |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,654 |
| mls© Number | C13730526 |
| Listed By | KELLER WILLIAMS ADVANTAGE REALTY |
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%
- $2,759
- Property tax
- $138
- Heat allowance
- $150
- Condo fees, half counted
- $382
- Housing costs
- $3,429 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
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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