Welcome to #1011 at 40 Homewood Ave, an excellent opportunity to own a cute studio condo in a great location for less than $340K! Situated conveniently close to a number of desirable spots: historic Cabbagetown neighbourhood, Yonge & College, Church & Wellesley, Toronto Metropolitan University, and more. Stroll to U of T, Eaton Centre, and Yonge & Dundas Square. Easy access to TTC (just steps to the College streetcar and a short walk to the College subway station). The unit has been freshly painted and features new vinyl flooring, separate kitchen, walkout to huge west-facing balcony with city views, and full 4-piece bath. Enjoy oodles of storage, with two large closets PLUS a locker. Maintenance fees include all utilities and the building offers plenty of excellent amenities: concierge, huge indoor pool, gym, party room with billiards, meeting room, outdoor terrace with BBQ's, library, laundry room, guest suites, and visitor parking. Potential to rent an underground parking spot from management for $100 per month (speak to listing agent for details). Floor plan is attached. Unit is unfurnished (virtual staging has been added to some of the photos).