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$495K · 1 bed Condo Apartment · Cabbagetown-South St. James Town, Toronto | MyPropertyScout

$495,000

Unit 1104

13 DOM

1113d

Map

DOM 13

$495,000

DOM13days

Unit 1104

The Residences Of 40 Homewood · 40 Homewood Avenue · Toronto · Ontario M4Y 2K2

MLS® C13537892 · Cabbagetown-South St. James Town · M4Y 2K2

11Vacant700-799 ft²Condo Apartment1-car UndergroundNo basement13d$660/ft²$2,317 tax/yrNo basement

13 days on market

About this home

Welcome To The Largest One Bedroom Condo In The Building!!! Desired Neighbourhood In The Residences Of 40 Homewood!!! Great Value At 790SF With Large East Facing Balcony To Enjoy YourCoffee With The Morning Sun!!! This Very Much Desired Building Features All The following amenities: indoor Pool, Full Gym, Boardrooms, Large Party rRoom And An Outdoor BBQ Area. Plenty Of Visitor Parking And Storage Locker. Steps To Yonge Street, TTC, Subway, Shopping And All Amenities!!! The Maintenance Fee Incl…

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Property details

MLS#: C13537892
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 4
Kitchens: 1
Size: 700-799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Foundation: Brick

View: City

Building name: The Residences Of 40 Homewood
Condo corp #: 75
Balcony: Open
Locker: Owned
Fees include: Heat Included, Water Included, Hydro Included, CAC Included, Building Insurance Included, Common Elements Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Radiant
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Jarvis/Carlton
Stories: 11
Utilities: —
Laundry: In Basement
Interior: Primary Bedroom - Main Floor, Propane Tank
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RIGHT AT HOME REALTY

Source: TRREB/PROPTX · MLS® C13537892

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$495K

Unit 1104 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $495,000✓ $2,317 tax✓ Electric✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,589/mo

incl. closing costs (yr 1)

Annual total

$55,073

year 1

Mortgage only

$1,878/mo

principal + interest

Beyond mortgage

$1,722/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$193/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$68/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $22,535/yr

Property taxes16% $8,692/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,950/yr

Condo fees18% $9,737/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,535	$1,878/mo
Government & taxes
Property tax	$2,317	$193/mo
Land transfer tax(closing)	$6,375	$531/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,950	$413/mo
Condo fees
Condo / HOA fees	$9,737	$811/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$55,073	$4,589/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1104

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs