120 Homewood Ave 2905

FOR SALE
$499,000
120 Homewood Ave 2905, Downtown Toronto
120 Homewood Ave 2905
120 Homewood Ave 2905
120 Homewood Ave 2905
120 Homewood Ave 2905
120 Homewood Ave 2905
120 Homewood Ave 2905
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C8297836
MLSID
Contact Us
Property Description
Enjoy the best of urban living at the Verve Condos by Tridel. This bright and spacious unit is just under 600sf and has a very functional layout. Large kitchen w/ centre island is open to the living area. Good size bedroom with lots of natural light. Enjoy the beautiful east sun from the 29th floor with unobstructed views. The resort style amenities include an impressive outdoor rooftop pool, jacuzzi, cabanas, lounge chairs and BBQs, comprehensive fitness centre, saunas, conference room, cinema viewing room, games and billiards rooms. 24/7 concierge and visitor parking. Close to the subway, restaurants, shopping. Pharmacy & Rabba Fine Foods located on ground level. 96 walk score.
Extras
Fridge, Stove, B/I Dishwasher, Microwave/Exhaust Fan Combo, Stacked Washer+Dryer, All Electric Light Fixtures
Nearby Intersections
Property Features
Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,159 (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
LivingMain9.88' x 14.11'Laminate, W/O To Balcony, Combined W/Dining
DiningMain9.88' x 14.11'Laminate, Combined W/Living
KitchenMain8.20' x 10.17'Laminate, Centre Island, Pot Lights
BrMain9.88' x 12.01'Broadloom, Double Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 2905 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $100,875 (16.8%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.
Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Prime Properties
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