40 Homewood Ave 1914
FOR SALE
$529,000
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Property Description
Welcome to 40 Homewood Ave.! Great opportunity to update this spacious 1 bedroom condo. Design and add your own style. Great investment for first-time buyers or Investors. Largest 1 bedroom layout In the building, lots of closet space, newer patio doors and updated electrical panel. W/O To A Private Balcony Overlooking Beautiful Gardens. *Condo fees inclusive of all utilities and Bell Fibe Internet. Steps To TTC, Parks, Shops, U of T, TMU, Allan Gardens, The Village. *New hallway update set to begin this fall!
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Extras
Parking Available (If Required) Through Building @100.00 Monthly. Electrical Vehicle charging stations available.
Nearby Intersections
Jarvis & Carlton (94)
Property Features
Electric Car Charger, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,167 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 10.17' x 7.55' | Tile Floor |
| Dining | Flat | 8.53' x 7.55' | Combined W/Living, W/O To Patio |
| Living | Flat | 18.70' x 11.81' | Combined W/Dining, East View |
| Prim Bdrm | Flat | 14.44' x 10.17' | Large Closet, East View |
| Other | Flat | 7.87' x 7.87' | Balcony, Concrete Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 1914 is a 1-bedroom 1-bathroom condo listed for sale at $529,000, which is $37,077 (6.5%) lower than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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