40 Homewood Avenue Condos

1 - About 40 Homewood Avenue Condos

• Address: 40 Homewood Ave, Toronto
• Neighbourhood: Cabbagetown-South St. James Town
• Storeys: 31
• Units: 492
• Built Year: 1972
• Builder: Rose Park Howard Investments
• Building Type: High-Rise condo
• Suite Sizes: 381 sqft - 857 sqft
• Average Price: $761 / sq. ft.

2 - Overview of 40 Homewood Avenue Condos

40 Homewood Avenue stands as a 31-storey high-rise tower completed in 1972, showcasing classic 1970s concrete and brick architecture. This purpose-built condominium development was designed from the ground up as residential housing rather than converted from another use.

The building's structural integrity has proven exceptional over the decades, featuring mature landscaping that complements the surrounding neighbourhood greenery. Property management maintains high standards, attracting long-term residents and urban professionals who value community stability and reliable building operations.

3 - Suite Sizes & Value

Residential units span from 381 to 857 square feet across one-bedroom, two-bedroom, and three-bedroom configurations. The floor plans emphasize practical open-concept living with private balconies that extend the living space outdoors.

At $761 per square foot, these suites represent excellent value within Toronto's downtown core, offering significantly more affordable entry compared to new construction projects. The generous square footage and ceiling heights provide more spacious living than typically found in modern high-rise developments, making these units particularly attractive to buyers seeking maximum space for their investment.

4 - Building Amenities & Features

• Security & Service: 24-hour concierge and secure building access
• Fitness & Wellness: Indoor swimming pool, fully equipped gym, and sauna
• Social & Leisure: Party room with billiards table, quiet library, and meeting room
• Outdoor Space: Communal terrace with BBQ facilities for resident entertaining
• Resident Conveniences: Central coin-operated laundry room, secure bike storage, and guest suites for overnight visitors
• Parking: On-site visitor parking available
• All-Inclusive Maintenance: Monthly fees include hydro, heat, air conditioning, water, and cable TV

5 - Location Highlights

• Transit Access: 6-minute walk to Wellesley Station, with convenient access to College Station, the College streetcar, and the 75 Sherbourne bus
• Parks and Recreation: Direct access to Allan Gardens and Winchester Park for outdoor activities
• Educational Institutions: Minutes from Toronto Metropolitan University and walking distance to the University of Toronto
• Retail: Close proximity to the Eaton Centre, Yonge & Dundas Square, and the vibrant Church Street Village
• Daily Essentials: Walking distance to Little Bee Supermarket and numerous pubs and patios throughout Cabbagetown and Church Street

6 - Lifestyle Near 40 Homewood Avenue Condos

Residents enjoy a peaceful residential environment within Toronto's bustling downtown core. The location offers exceptional walkability with a Walk Score of 96 and outstanding cycling infrastructure reflected in a Bike Score of 99.

The neighbourhood bridges the historic charm of Cabbagetown with the dynamic cultural scene of Church-Wellesley Village. This location appeals to practical buyers and investors who prioritize central transit connectivity while appreciating functional, well-proportioned living spaces in an established community.

7 - About the Developer

40 Homewood Avenue Condos was developed by Rose Park Howard Investments Limited, completing construction in 1972 during Toronto's significant period of high-density residential expansion. The developer emphasized creating structurally sound buildings designed for long-term community stability and resident satisfaction.

Decades later, this tower continues to serve as a reliable component of Toronto's downtown housing market, demonstrating the developer's commitment to quality construction and enduring residential value.