103 - 40 Homewood Avenue
South St. James Town, Toronto
$500,000
Bedrooms: 1
Bathrooms: 1
Living Area: 500 sqft
Price Per Sqft: $1,000.00
About this Condo
in South St. James Town, Toronto
Welcome to this thoughtfully designed condo offering a bright, spacious, and open-concept layout - perfect for modern city living! For sale for the first time by the original owner, this suite presents exceptional value for both end users and investors alike. The generously sized bedroom features ample closet space and floor-to-ceiling windows that fill the room with natural light. Step outside to your expansive west-facing balcony/terrace, ideal for summer lounging or entertaining guests - there's plenty of room for a full patio set. Enjoy the sunshine by day and take in the stunning sunsets by night with green views that stretch across the property. Situated between Cabbagetown and The Village, this prime location offers the perfect blend of character, convenience, and community. The building itself fosters a strong sense of belonging, with regular social events, a welcoming mix of residents of all ages, and an inclusive, friendly atmosphere that's hard to find in the heart of downtown. You'll also enjoy very low maintenance fees that cover everything - including heat, hydro, water, Bell Fibe high-speed internet, and cable TV. A large locker is included for added storage convenience. Outstanding amenities include an indoor pool, sauna, gym, guest suites, bike storage, EV charging stations, visitor parking, library, and meeting/party room - providing comfort, connection, and convenience all under one roof. Just minutes from the Downtown Core, TMU, U of T, The Village, and an array of top-rated restaurants, cafés, and shops, with easy access to the DVP and Gardiner Expressway. This condo offers the best of downtown living - a vibrant community, full-service amenities, and unbeatable value - all in one exceptional package.
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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