1715 - 40 Homewood Avenue

South St. James Town, Toronto

1715 - 40 Homewood Avenue, South St. James Town, Toronto

$449,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $748.33


About this Condo

in South St. James Town, Toronto

Home Sweet Homewood! Renovated Large 1-bedroom condo for sale at 40 Homewood in the heart of Toronto. Originally a 2-bedroom layout, this thoughtfully reconfigured suite offers a more open and functional living space with over $30,000 in upgrades completed in 2016, including parquet flooring, a fully renovated kitchen with opened wall, kitchen island, and stainless steel appliances.The modern kitchen features ample storage and a breakfast bar, while the updated bathroom includes new flooring, vanity, and toilet. Additional upgrades include built-in storage, mirrored closets, and a newly installed split A/C system (2025).Located in a well-managed building known for its strong sense of community among residents.Unbeatable downtown Toronto location just steps to transit, including the Carlton streetcar and Wellesley subway station, with easy access to the DVP and Gardiner Expressway. Walking distance to TMU, University of Toronto, Maple Leaf Gardens, Loblaws Maple LeafGardens, Church-Wellesley Village, Cabbagetown, and Allan Gardens Conservatory.A great opportunity to own a condo in one of Toronto's most connected and vibrant communities.

Listed by RE/MAX HALLMARK REALTY LTD..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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