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    for rent
    2 Days on Strata
    Est Lease Timeframe:
    31 Days

    1607 - 40 Homewood Ave

    40 Homewood Avenue Condos5.0
    $2,050/mth
    1 Bed
    1 Bath
    0 Parking
    551 SQFT
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    Price History

    Property Type:
    Condo
    Possession Date:
    Now
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Balcony
    Laundry:
    None
    Locker:
    Exclusive
    Exposure:
    West

    Amenities

    Concierge
    Visitor Parking
    Gym
    Bike Storage
    Party Room
    Sauna
    Indoor Pool
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Best all inclusive lease available for immediate possession for a large one-bedroom in the heart of Cabbagetown, offering a functional open-concept living and dining area. The suite has been tastefully updated over the years with laminate flooring throughout, extended maple kitchen cabinets, a white subway tile backsplash, quartz countertops, and stainless steel appliances. Enjoy an oversized, sun-drenched west-facing balcony complete with tiled flooring and solar sunshades.

    re/max west realty inc.MLS® #C12562042

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Radiant
    Heat Source
    Electric
    Air Conditioning Type
    None

    Dimensions

    Room dimensions are not available for this listing.

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

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    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,212
    Average Individual Income
    $67,505
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $115,353
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    41%
    Semi Detached
    28%
    High Rise Apartment
    15%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    9%
    Tagalog
    2%
    French
    1%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    34%
    High School
    26%
    College
    16%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Building Trends At 40 Homewood Avenue Condos

    Days on Strata

    Units at 40 Homewood Avenue Condos spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    22
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 42 condos in the Cabbagetown area

    Sold Units

    23
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    40 Homewood Avenue Condos offers the
    ?
    best value out of 42 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    40 Homewood Avenue Condos has the
    ?
    highest ROI out of 42 condos in the Cabbagetown neighbourhood

    Rental Yield

    40 Homewood Avenue Condos yields the
    ?
    highest rent prices out of 42 condos in the Cabbagetown neighbourhood

    High Demand

    40 Homewood Avenue Condos is the
    ?
    most popular building out of 42 condos in the Cabbagetown neighbourhood

    Market Insights

    Transaction Insights at 40 Homewood Avenue Condos

    Studio1 Bed1 Bed + Den2 Bed
    Price Range$1,850 - $1,900$2,300No DataNo Data
    Avg. Wait for Unit Availability162 Days79 DaysNo Data122 Days
    Ratio of Units in Building19%56%1%23%

    Market Inventory

    Total number of units listed and leased in Cabbagetown