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    Toronto / Downtown / St. James Town

    705 - 120 Homewood Ave E

    For RentThe Verve
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    578 SQFT
    40 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    15-30 days TBD
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Yes
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Pantry
    8.01 x 8.01ft
    Dining
    Combined with Living, Open Concept
    14.99 x 10.01ft
    Living
    Combined with Dining, Walkout To Balcony, Open Concept
    14.99 x 10.01ft

    About this Listing

    Welcome to this well-appointed, furnished 1-bed, 1-bath unit at The Verve, located in the vibrant Church-Wellesley neighbourhood. Just a short walk from two subway lines (Wellesley + Sherbourne stations) and close to Yonge + Bloor, this apartment offers the perfect balance of tranquility and easy access to all that Toronto has to offer.The bright, open-concept living space features large windows that fill the unit with natural light. Fully equipped with everything you need, from furniture to essential kitchen items + ample storage, this unit is ready for you to move in and start enjoying your new space.The LEED Gold-certified building not only offers top-tier amenities like a rooftop pool and hot tub, fully-equipped gym, sauna, party, billiards room + visitor parking, but it also helps keep utility bills low with its energy-efficient design.Located minutes from public transit, dining, cafes, shopping + entertainment, this unit provides a convenient and comfortable downtown lifestyle!

    ExtrasFully furnished unit. Tenant responsible for all utilities: heat, hydro, central air and internet.

    real estate homewardMLS® #C9371159

    Amenities

    Concierge
    Party Room
    Rooftop Deck
    Media Room
    Security System
    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.

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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.

    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
    42
    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
    6.4
    YEARS before being sold again

    Property Value

    -2%
    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

    12
    Units were Sold over the past twelve months

    Rented Units

    23
    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$690,000$785,000 - $1,100,000No Data
    Avg. Cost Per SqftNo Data$963$1,064$959No Data
    Avg. Wait for Unit AvailabilityNo Data75 Days52 Days39 Days287 Days
    Ratio of Units in Building1%21%32%40%8%

    Transactions vs Inventory

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