120 Homewood Avenue
Building Details
Listing History for The Verve
Amenities
Maintenance Fees
About 120 Homewood Avenue — The Verve
First time home buyers take note — this is your chance to break into the market, in a neighbourhood that’s bound to be trendy before long. St. James Town was the site of a high-rise community project in the 1950s that was meant to transform the neighbourhood into a highly desirable area, unfortunately it failed, and the neighbourhood gained a bad reputation.
Today, that high-rise community is coming together naturally, as more and more developers are building swanky new condos in the neighbourhood — and prices are finally catching up to those of Toronto condos for sale in other neighbourhoods.
Towering to 40 storeys at 120 Homewood Ave, The Verve offers spacious suites at prices that won’t crush your soul. The Verve was built in 2008, and the exterior follows modern condo design — a tower constructed of glass, steel and concrete.
With a condo in this building, you get some nice extras to enjoy after a long day of work — or even a long day of doing nothing — amenities include; gym, pool, sauna, media room, party room, meeting room, shared rooftop deck, security guard, concierge, and parking garage.
The Suites
Great amenities and affordable prices are meaningless if suites aren’t up to par — of course, the developers of The Verve knew this, so all units are open concept, spacious, and well appointed with functional layouts and minimal wasted space. Units range in size from 522 square feet for a 1 bedroom to 1686 for a 2 bedroom + den.
Buyers who are interested in units here can expect to find floor to ceiling windows, hardwood floors and updated kitchens.
The Village, a vibrant LGBTQ+ community is just around the corner, filled with restaurants and pubs — plus, Yonge Street is only a few blocks west; this property is an ideal fit for young professionals and couples who want to get into an up and coming neighbourhood before prices are out of reach.
The Neighbourhood
St. James Park resides near Yorkville, Yonge and Bloor neighbourhood, and The Village — thus, residents have access to food, nightlife, and shopping, beyond what’s available in St. James Town.
Caffeine fanatics can hobble out of bed in the morning and get a fresh espresso from a number of cozy cafes — Rooster Coffee House on Jarvis Street, The Croissant Tree and Starbucks on Church, Red Rocket Coffee on Wellesley, and Tim Hortons on Mt. Pleasant.
For dining out, there are some incredible options close to home. Residents can walk to the The Keg Mansion for a steak in a heritage building, there’s The Blake House on Jarvis, Fushimi on Church for Japanese, Smith on Church for French cuisine — and Onoir for dinner in the dark. For something more casual, there’s Domino's, Hero Certified Burgers, Subway, and Pizza Pizza nearby.
Entertainment options are quite diverse in this area; shoppers can journey north to Bloor for high-end boutiques, or south on Yonge to the Eaton centre. Yonge-Dundas square hosts events and has a movie theatres. Phoenix Concert Theatre is not far from the building for concerts, and after a show, there’s are countless pubs and clubs on Church Street and Yonge.
Transportation
120 Homewood Ave has a 96 Walk Score — for residents of The Verve, this means that most errands can be run on foot. Grocery pickups can easily be accomplished without a vehicle or public transit, as there’s a Food Basics just a few minutes away on Wellesley.
Those who rely on public transit to commute have it easy here, with east and westbound buses on Wellesley, north and southbound buses on Sherbourne and Jarvis, and Wellesley Station is nearby for subway service.
Drivers can reach the Don Valley Parkway by heading north to Bloor and then east for the Danforth on-ramp.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Verve
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 120 Homewood Avenue
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $515,000 - $600,000 | $690,000 | $785,000 - $1,100,000 | No Data |
Avg. Cost Per Sqft | No Data | $963 | $1,064 | $959 | No Data |
Price Range | No Data | $2,200 - $2,600 | $2,350 - $2,750 | $3,200 - $5,000 | $3,850 - $3,950 |
Avg. Wait for Unit Availability | No Data | 75 Days | 52 Days | 39 Days | 287 Days |
Avg. Wait for Unit Availability | No Data | 70 Days | 60 Days | 38 Days | 396 Days |
Ratio of Units in Building | 1% | 21% | 32% | 40% | 8% |
Unit Sales vs Inventory
Total number of units listed and sold in St. James Town