120 Homewood Ave 1207
FOR SALE
$955,000
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BEDROOMS2
BATHROOMS1
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Property Description
Get ready for the ultimate urban getaway at 120 Homewood Ave! This stunning condo and they come with a unique twist - a successful track record on Airbnb! Nestled in the heart of Cabbagetown, this condo offer a perfect blend of modern luxury and historic charm. Whether you're a savvy investor looking to capitalize on the thriving Airbnb market or a future homeowner seeking an exceptional residence, this unit has it all. Don't miss your chance to experience the best of Cabbagetown living - where urban sophistication meets Airbnb success!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-26 | 2023-12-31 | 96 | $955,000 | - | Expired |
Extras
Unit can be sold with existing and future Airbnb reservations intact or all bookings can be cancelled.
Nearby Intersections
Jarvis & Wellesley (18)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,065 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 18.34' | Combined W/Dining, Open Concept, Large Window |
| Dining | Flat | 10.01' x 18.34' | Combined W/Living, Open Concept, W/O To Balcony |
| Kitchen | Flat | 8.01' x 8.01' | Centre Island, Granite Counter, Stainless Steel Appl |
| Prim Bdrm | Flat | 10.01' x 12.99' | Broadloom, 4 Pc Ensuite, Large Window |
| 2nd Br | Flat | 6.73' x 8.76' | Broadloom, Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 1207 is a 2-bedroom 2-bathroom condo listed for sale at $955,000, which is $123,295 (14.8%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 2-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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