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60 Homewood Ave 334, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C8314410
MLSID
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Property Description
A fabulous 1+1 unit with an excellent layout featuring: ample cabinet and counter space in a beautifully updated kitchen with quartz counters, granite breakfast bar, and ceramic tile flooring; a sizable living/dining room area with a walkout to a private balcony that overlooks magnificent treetops; a generously sized bedroom with a large closet; and a sun-filled south facing den that can fit a queen bed. This condo is tucked away on a residential tree-lined street in a vibrant neighbourhood where you can walk to restaurants, cafes, shops, parks, groceries, TTC. Several common areas of the building were recently renovated. Heat, hydro, AC & water included in maintenance fees.
Extras
Outstanding bldg amenities: Party Rm, Games Rm, Media Rm, Meeting Rm, Exercise Rm, Indoor Pool, Sauna, Squash, Racquet Ball, Basketball Courts, Outdoor Track & Tennis Court, Roof Top Patio w/ BBQ, Visitor Parking, Concierge & more!
Nearby Intersections
Property Features
Fenced Yard, Library, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,252 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (C)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain11.88' x 15.58'Combined W/Dining, Laminate, W/O To Balcony
DiningMain11.88' x 15.58'Combined W/Living, Laminate
KitchenMain7.97' x 11.58'Quartz Counter, Ceramic Floor, Backsplash
BrMain10.01' x 11.09'Closet, Laminate, Sliding Doors
DenMain9.48' x 13.29'South View, Laminate, Large Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
60 Homewood Ave 334 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $110,875 (18.5%) 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 Royal Lepage Real Estate Services Ltd.
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