120 Homewood Ave 2305

FOR SALE
$529,900
120 Homewood Ave 2305, Downtown Toronto
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
120 Homewood Ave 2305
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C7369866
MLSID
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Property Description
Excellent One Bedroom One Bathroom Condo Unit with spacious Layout, Family sized kitchen with Island, spacious Living Room with walk-out to Balcony with East facing View. Spacious Primary Bedroom with Double Closet and large window. Located on the edge of Toronto's rapidly expanding Church-Wellesley neighbourhood, The Verve is an oasis of green space in the heart of downtown. Studded with private terraces and one of the city's best rooftop swimming pools, Verve's sun-loving design and resort-style amenities focus on bringing the outdoor life in. Combined with its LEED-certified eco-friendly design, state-of-the-art gym, Visitor Parking and 96 walk score, Verve is your home base for shopping, dining, and active living.
Extras
The Building Offers Great Amenities including 24 Hour Concierge, Fitness Centre, Rooftop Pool And Sundeck, Theatre And Billiards Room.
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,185 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain9.84' x 13.55'Centre Island, Family Size Kitchen, Vinyl Floor
FamilyMain9.25' x 12.07'Family Size Kitchen, W/O To Balcony, Vinyl Floor
Prim BdrmMain9.78' x 14.34'Broadloom, East View, Large Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 2305 is a 1-bedroom 1-bathroom condo listed for sale at $529,900, which is $71,897 (11.9%) lower 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 Keller Williams Real Estate Associates
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