40 Homewood Ave 1608
FOR SALE
$440,000
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Property Description
Downtown living on a quiet street with a million-dollar view. Welcome to your spacious Jr. 1-Bedroom with an open concept design, views of the sunrise and plenty of natural light! . This gorgeous updated condo is completely renovated with new flooring, kitchen, and bathroom (2017). Start your day on your large private balcony with an unobstructed east view. Maintenance fees cover everything including internet and cable! Close to the heart of downtown: minutes to 2 subway stations, TMU, Eaton Centre, Dundas Square. Very well-maintained building, recently renovated lobby, elevators, amenities and hallways. 50m indoor pool, year-round sauna, full gym, patio with BBQ's. Other amenities incl. large party room, library, and beautiful tree-lined garden. Must-see!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-01 | 2020-09-09 | 8 | $399,000 | $430,000 | Sold |
Extras
Condo fees Inclusive of all utilities: Heat, Hydro, Water, Bell Fibe T.V., Internet. Underground parking available (if required) through building at $100 per month. Laundry in basement.
Nearby Intersections
Jarvis & Carlton (93)
Property Features
Hospital, Library, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,752 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 11.91' x 10.43' | |
| Kitchen | Ground | 10.93' x 6.92' | |
| Bathroom | Ground | 7.15' x 4.82' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 1608 is a 1-bedroom 1-bathroom condo listed for sale at $440,000, which is $122,863 (21.8%) lower than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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