40 Homewood Ave 2503
FOR SALE
$468,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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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. **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).
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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 |
Nearby Intersections
Jarvis & Carlton (103)
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 $468,000, which is $89,110 (16.0%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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