40 Homewood Ave 2503
FOR SALE
$399,900
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSC11952760
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Property Description
Welcome to this beautifully renovated, 1-bedroom suite with a spacious layout and stunning, unobstructed west views! From the moment you walk in, you'll love the bright, airy atmosphere and the fantastic updates throughout, including a sleek, renovated kitchen and a fresh bathroom. Enjoy your own private balcony with a walk-out that lets you take in the incredible views, plus a large bedroom thats not just cozy- its king-sized bed approved! Floor-to-ceiling window and a double closet complete this dreamy space.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-22 | 2022-07-13 | 22 | $478,000 | $468,000 | Sold |
Extras
Well managed building with amazing amenities like an indoor pool, concierge, gym & plenty of visitor parking. You'll be close to everything you need, TTC, Allen Gardens, the subway, Eaton Centre, Metropolitan University (formerly Ryerson).
Nearby Intersections
Jarvis & Carlton (99)
Property Features
Clear View, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,888 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Window Unit
Elevator
Yes
Parking Spaces
1
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.17' x 14.63' | Combined W/Dining, Parquet Floor, Balcony |
| Dining | Main | 14.17' x 14.63' | Combined W/Living, Parquet Floor |
| Prim Bdrm | Main | 13.52' x 12.11' | Parquet Floor, Backsplash, Renovated |
| Kitchen | Main | 7.97' x 6.50' | Tile Floor, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 2503 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $163,790 (29.1%) lower than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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