120 Homewood Ave 1501
North St. James Town, Downtown Toronto, M4Y 2J3
FOR SALE
$895,000
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Property Description
Experience Luxury Living In This Stunning Corner Unit At The Verve, Built By Tridel. This Immaculate 2-Bed, 2-Bath Condo Boasts Unobstructed Nw Views Of The Cn Tower, Parks, And Valleys From Its Perfectly Laid-Out Floor Plan. Enjoy A Gourmet Kitchen With Island, Stainless Steel Appliances, And Large Windows That Flood The Space With Natural Light. Both Bedrooms Are Generously Sized, With The Primary Bedroom Featuring A Walk-In Closet And An Ensuite Bathroom. Additional Features Include A Parking Spot And Locker, And Building Amenities Such As A Fully-Equipped Gym, Sauna, Steam Room, Rooftop Pool And Hot Tub, Party Room, Billiards, And Visitor Parking. The High-Demand Building Is Well-Maintained And Conveniently Located Near Transit, Highways, Schools, Parks, Restaurants, And Cafes, Offering A Low-Maintenance And Comfortable Lifestyle. *Parking and Locker included*
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-02 | 2024-08-10 | 8 | $3,150 | - | Suspended |
Extras
Reputable Tridel Built. A LEED (Leadership in Energy and Environmental Design) Certified Green Building-Designed, Constructed, and Operated to Minimize the Negative Impact on the Environment.
Nearby Intersections
Jarvis & Wellesley (21)
Property Features
Clear View, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,419 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.01' x 19.78' | Nw View, Laminate, W/O To Balcony |
| Dining | Main | 10.01' x 19.78' | Combined W/Living, Laminate |
| Kitchen | Main | 7.97' x 7.97' | Open Concept, Centre Island |
| Prim Bdrm | Main | 9.97' x 10.99' | Double Closet, 4 Pc Ensuite, Laminate |
| 2nd Br | Main | 9.19' x 12.17' | Nw View, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 1501 is a 2-bedroom 2-bathroom condo listed for sale at $895,000, which is $128,926 (16.8%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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