120 Homewood Ave 1103
North St. James Town, Downtown Toronto, M4Y 2J3
FOR SALE
$659,000

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Property Description
Urban Elegance With Parking In North St. James Town. Discover The Perfect Blend Of Style, Comfort, And Convenience In This Spacious 1+Den Condo With Parking At The Verve Condominium. Boasting A Sleek, Newly Renovated Kitchen With Modern Finishes, This Bright Unit Offers Expansive Open Views, A Versatile Den Perfect For A Home Office Or Alternative Bedroom, And The Rare Luxury Of A Premium Parking Spot. Prime Location In The Heart Of The City Ideally Situated Within Walking Distance To Wellesley & Sherbourne Subway Station, University Of Toronto, Toronto Metropolitan University (Formerly Ryerson), And The Eaton Centre. You'll Have Effortless Access To Transit, Top-Tier Education, Shopping, Dining, And Entertainment. Enjoy The Vibrant Energy Of Downtown Toronto, Right At Your Doorstep. Exceptional Building Amenities. Residents Of The Verve Enjoy Resort-Style Amenities, Including A Rooftop Outdoor Pool With Stunning City Views, A Fully Equipped Fitness Centre, Yoga Studio, Party/Meeting Rooms, 24-Hour Concierge Service, And Guest Suites For Visitors. The Building Also Features Secure Entry And Is Pet-Friendly, Catering To A Dynamic Urban Lifestyle. The Lifestyle You Deserve Whether You're A Professional, Student, Or City Enthusiast, This Condo Offers The Perfect Urban Retreat. Style, Convenience, And City Living At Its Finest!
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Nearby Intersections
Jarvis & Wellesley (15)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,782 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.09' x 9.84' | Juliette Balcony, Combined W/Dining, Laminate |
Dining | Main | 15.09' x 9.84' | Combined W/Living, Open Concept, Laminate |
Kitchen | Main | 7.87' x 12.14' | Quartz Counter, Stainless Steel Appl, Laminate |
Prim Bdrm | Main | 11.48' x 10.17' | W/I Closet, Large Window, North View |
Den | Main | 6.89' x 12.14' | Separate Rm, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 1103 is a 1-bedroom 1-bathroom condo listed for sale at $659,000, which is $101,890 (18.3%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Realty Systems Inc.
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