120 Homewood Ave 1008

FOR SALE
$638,000
120 Homewood Ave 1008, Downtown Toronto
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
120 Homewood Ave 1008
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C9390494
MLSID
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Property Description
Get ready for the ultimate urban getaway at 120 Homewood Ave! This stunning updated 664 SqFt 1+1 Bedroom Suite @ The Verve in the heart of Cabbagetown! Great layout with Breathtaking Views of the City - offering a perfect blend of modern luxury and historic charm. W/ 9' Ceilings. Open Concept Living/Dining/Kitchen. Suite is a being sold Fully Furnished - Perfect for Executives, Investors or End-Users. The Most Functional Floorplan W/1+1 Bedroom, Highly Desirable Tridel Community, Leed Certified Energy Efficient. Fabulous Amenities! Rooftop Pool & Bbq Area, State Of The Art Gym, Yoga Studio, Billiards, Theatre, Party Room, Concierge And Visitor Parking. Walking Distance To Wellesley Subway, U Of T, Ryerson ,College Park, Eaton Centre.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-14 2024-10-10 57 $648,000 - Terminated
2024-07-30 2024-08-14 15 $599,000 - Terminated
2024-07-03 2024-07-30 27 $669,000 - Terminated
2024-06-12 2024-07-03 21 $699,000 - Terminated
2024-06-04 2024-06-12 8 $740,000 - Terminated
2024-01-08 2024-05-31 144 $779,000 - Expired
2023-09-26 2023-12-31 96 $779,000 - Expired
Nearby Intersections
Property Details
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 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat8.01' x 15.98'Combined W/Dining, Open Concept, W/O To Balcony
DiningFlat8.01' x 15.98'Combined W/Living, Open Concept
KitchenFlat8.01' x 8.01'Centre Island, Stainless Steel Appl, Custom Backsplash
Prim BdrmFlat10.01' x 10.96'Large Window, Closet
DenFlat8.01' x 6.99'Separate Rm
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 1008 is a 1-bedroom 1-bathroom condo listed for sale at $638,000, which is $63,918 (11.1%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.
Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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