120 Homewood Ave 1008
FOR SALE
$779,000
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Property Description
Get ready for the ultimate urban getaway at 120 Homewood Ave! This stunning condo and they come with a unique twist - a successful track record on Airbnb! Nestled in the heart of Cabbagetown, this condo offer a perfect blend of modern luxury and historic charm. Whether you're a savvy investor looking to capitalize on the thriving Airbnb market or a future homeowner seeking an exceptional residence, this unit has it all. Don't miss your chance to experience the best of Cabbagetown living - where urban sophistication meets Airbnb success!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-26 | 2023-12-31 | 96 | $779,000 | - | Expired |
Extras
Unit can be sold with existing and future Airbnb reservations intact or all bookings can be cancelled.
Nearby Intersections
Jarvis & Wellesley (12)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,865 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 8.01' x 15.98' | Combined W/Dining, Open Concept, W/O To Balcony |
| Dining | Flat | 8.01' x 15.98' | Combined W/Living, Open Concept |
| Kitchen | Flat | 8.01' x 8.01' | Centre Island, Stainless Steel Sink, Custom Backsplash |
| Prim Bdrm | Flat | 10.01' x 10.96' | Large Window, Closet |
| Den | Flat | 8.01' x 6.99' | Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 1008 is a 1-bedroom 1-bathroom condo listed for sale at $779,000, which is $177,203 (29.4%) higher than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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