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    Toronto / Downtown / St. James Town

    1501 - 120 Homewood Ave

    For SaleThe Verve
    $860,000
    Price Cut: $905,000
    2 Beds
    2 Bath
    1 Parking
    829 SQFT
    96 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $647/mth
    Taxes:
    $3,419 (2024)
    Cost Per Sqft:
    $1,037/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    October 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Nw View, Laminate, Walkout To Balcony
    19.78 x 10.01ft
    Dining
    Combined with Living, Laminate
    19.78 x 10.01ft
    Kitchen
    Open Concept, Centre Island
    7.97 x 7.97ft

    About this Listing

    Experience Luxury Living In This Stunning Corner Unit At The Verve, Built By Tridel. This Immaculate 2-Bed, 2-Bath Condo Boasts Unobstructed Nw Views Of The Cn Tower, Parks, And Valleys From Its Perfectly Laid-Out Floor Plan. Enjoy A Gourmet Kitchen With Island, Stainless Steel Appliances, And Large Windows That Flood The Space With Natural Light. Both Bedrooms Are Generously Sized, With The Primary Bedroom Featuring A Walk-In Closet And An Ensuite Bathroom. Additional Features Include A Parking Spot And Locker, And Building Amenities Such As A Fully-Equipped Gym, Sauna, Steam Room, Rooftop Pool And Hot Tub, Party Room, Billiards, And Visitor Parking. The High-Demand Building Is Well-Maintained And Conveniently Located Near Transit, Highways, Schools, Parks, Restaurants, And Cafes, Offering A Low-Maintenance And Comfortable Lifestyle. *Parking and Locker included*

    ExtrasReputable Tridel Built. A LEED (Leadership in Energy and Environmental Design) Certified Green Building-Designed, Constructed, and Operated to Minimize the Negative Impact on the Environment.

    chestnut park real estate limitedMLS® #C9360133

    Amenities

    Visitor Parking
    Concierge
    Media Room
    Gym Room
    Bike Storage
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,499
    Average Individual Income
    $59,023
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $99,412
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    20%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    31%
    Semi Detached
    24%
    Detached
    23%
    Low Rise Apartment
    16%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Other
    15%
    Mandarin
    10%
    Cantonese
    7%
    Tagalog
    4%
    Spanish
    2%
    Arabic
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    26%
    None
    17%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    The Verve vs The St. James Town Area

    Building Trends At The Verve

    Days on Strata

    Units at The Verve spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in St. James Town

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the St. James Town area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    The Verve offers the
    ?
    best value out of 9 condos in the St. James Town neighbourhood

    Appreciation Rank

    The Verve has the
    ?
    highest ROI out of 9 condos in the St. James Town neighbourhood

    Rental Yield

    The Verve yields the
    ?
    highest rent prices out of 9 condos in the St. James Town neighbourhood

    High Demand

    The Verve is the
    ?
    most popular building out of 9 condos in the St. James Town neighbourhood

    Transaction Insights at 120 Homewood Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$515,000 - $600,000$630,000$785,000 - $1,202,500No Data
    Avg. Cost Per SqftNo Data$963$960$960No Data
    Avg. Wait for Unit AvailabilityNo Data75 Days56 Days40 Days287 Days
    Ratio of Units in Building1%21%32%40%8%

    Transactions vs Inventory

    Total number of units listed and sold in St. James Town