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40 Homewood Avenue Condos Condos in Toronto C08

40 Homewood Avenue, Toronto C08

Total Units

4

For Sale

1

For Rent

48

Sold

20

Leased

$437K

Avg Price

38

Days (Sale)

27

Days (Lease)

OQ

OVAIS QASSIM

Questions about 40 Homewood Avenue Condos?

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 899 SQFT
Property Management:
ICC Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$570K

Lowest Sale (12mo)

$278K

Median Maintenance

$592/mo

Year Built

40 Homewood Avenue Condos Market

Updated Aug 10, 2026
Condos
Median sale price
$380K
Median PSF (est.)▼ 20.1%
$653/sqft
Price trend
Sold last 90 days
3
Active listings
4
Months of inventory
2.0
Avg days on market
38
Sale-to-list ratio
97.01%
Absorption rate
50.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 40.00% · End-user: 60.00% (from 3 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2024-09: 25.0% (4 listings) · avg $25,000
2025-01: 33.3% (3 listings) · avg $71,000
2025-02: 0.0% (3 listings)
2025-07: 33.3% (3 listings) · avg $26,000
2025-10: 0.0% (4 listings)
2025-11: 25.0% (4 listings) · avg $10,000
2026-02: 0.0% (3 listings)
2026-07: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $653 — -5.89% vs community avg ($694)[discount]
Supply vs demand by unit type (90d)
Sample: 4 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 3 active / 3 sold · mismatch -25.00%
2br: 0 active / 0 sold · mismatch +0.00%
3br: 1 active / 0 sold · mismatch +25.00%
Concession pattern by unit type (90d)
studio (7 sales) — 85.71% closed with concessions, avg 6.37% below ask
1br (23 sales) — 86.96% closed with concessions, avg 3.48% below ask
2br (11 sales) — 72.73% closed with concessions, avg 2.41% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Oct, Sep
Historically weakest months: Jun, Nov, Dec
Annual averages: DOM 38.4d · sale-to-list 97.01% (n=41)
Monthly detail
Jan · 4 sales · DOM 48.8d · STL 96.63%
Feb · 6 sales · DOM 36.8d · STL 97.99%
Mar · 1 sales · DOM 41.0d · STL 97.64%
Apr · 2 sales · DOM 17.5d · STL 99.05%
Jun · 1 sales · DOM 55.0d · STL 98.35%
Jul · 6 sales · DOM 37.2d · STL 96.56%
Aug · 3 sales · DOM 38.0d · STL 97.20%
Sep · 6 sales · DOM 30.2d · STL 96.48%
Oct · 6 sales · DOM 23.0d · STL 97.31%
Nov · 5 sales · DOM 56.6d · STL 95.50%
Dec · 1 sales · DOM 88.0d · STL 97.54%

Market Intelligence

Price per sqft analysis and trends

40 Homewood Avenue Condos

Sale PSF

N/A

Lease PSF

N/A

Cabbagetown-South St. James Town

Sale PSF

$664/sqft

9 sales

Lease PSF

$2.47/sqft/mo

1 leases

Toronto C08

Sale PSF

$884/sqft

93 sales

Lease PSF

$3.92/sqft/mo

29 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
40 Homewood Avenue CondosThis Building
——/mo——
Cabbagetown-South St. James Town
6642.47/mo91
Toronto C08
8843.92/mo9329
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$108.53/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Community BBQ
Concierge
Elevator
Exercise Room
Guest Suites
Gym
Indoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatHydroParkingWater

Building Reviews

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About 40 Homewood Avenue Condos Condos

40 Homewood Avenue Condos is a premier condominium located at 40 Homewood Avenue, Toronto C08. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 73 units available at 40 Homewood Avenue Condos, with prices averaging around $437K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

40 Homewood Avenue Condos stands out in Toronto C08's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at 40 Homewood Avenue Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Cabbagetown-South St. James Town, Toronto C08 and the Toronto area.

Units for Sale at 40 Homewood Avenue Condos

Units for Lease at 40 Homewood Avenue Condos

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