120 Homewood Ave 316
FOR SALE
$979,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Rarely available west facing terrace unit in the loft podium at the Verve. The stunning 300 sqft sun-drenched terrace upgraded with tiles & automatic awnings perched amongst the trees for the ultimate outdoor city living. Incredible 10' ceilings throughout & nearly 1200 sqft of total living space. Every surface renovated in 2019; completely renovated bathrooms w/heated flooring, refaced kitchen, new quartz counters, more functional island with storage, all new full sized-appliances, automated hunter Douglas blinds, terrace tiles/awnings,California closets in both bedrooms & entryway. Truly one of the most functional layouts with a split bedroom plan each with its own ensuite & your own laundry 'room' with additional storage. The Verve is highly regarded as having some of the best amenities of any condo in the city (don't miss the pool & gym) with very low fees and this unit is tucked back in the most ideal/quiet part of the building. Steps to the Village, Ryerson, UofT, TTC.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-05-08 | 2019-05-13 | 5 | $888,000 | $910,000 | Sold |
Extras
Close to 100k spend in renovations/updates. speak to LA about furniture/art for sale.
Nearby Intersections
Jarvis & Wellesley (18)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,465 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.20' x 18.11' | Combined W/Dining, West View |
| Dining | Main | 10.20' x 18.11' | Combined W/Living, West View |
| Kitchen | Main | 9.02' x 16.34' | Breakfast Area, W/O To Terrace, Quartz Counter |
| Prim Bdrm | Main | 9.28' x 13.68' | 4 Pc Ensuite, W/I Closet, Heated Floor |
| 2nd Br | Main | 8.99' x 11.32' | 3 Pc Ensuite, Heated Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 316 is a 2-bedroom 2-bathroom condo listed for sale at $979,900, which is $148,195 (17.8%) 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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