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120 Homewood Ave 602, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
C4070280
MLSID
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Property Description
*Welcome To Verve Luxury Condos. A Leeds Certified Green Building Built By Tridel, That Will Help Save On Utility Costs* Bright & Spacious 1 Bed+Den. Den Can Be Used As A Small 2nd Bdrm. Stylish Kitch Equip W/ Granite Counter, Cntr Island &Plentiful Pantry. 642 Sqft, Efficient Layout &9Ft Ceiling In The Heart Of Downtown. Close To Eatons Center, Ryerson University, George Brown College, 2 Major Subway Lines, And A 5 Min Drive To The Dvp/Gardiner.
Extras
S/S Fridge, Stove, B/I Dw, B/I Microwave, All Elf, All Wndw Cvrgs, Stacked Washer &Dryer. Bbq, Roof Top Pool & Deck/Jacuzzi, Sauna,Yoya,Gym,Party Rm, 24Hr Concierge & More, All In One Bldg.
Property Features
Arts Centre, Hospital, Park, Place Of Worship, Public Transit, Rec Centre
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,112 (2017)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None (0)
Parking 2
None (0)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat32.81' x 52.49'Hardwood Floor, Juliette Balcony, Combined W/Dining
DiningFlat32.81' x 52.49'Hardwood Floor, Open Concept, Combined W/Living
KitchenFlat26.25' x 26.25'Hardwood Floor, Open Concept, Granite Counter
MasterFlat32.81' x 36.06'Broadloom, Large Closet, Nw View
DenFlat19.69' x 26.25'Hardwood Floor
FoyerFlat17.22' x 17.22'Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
120 Homewood Ave 602 is a 1-bedroom 1-bathroom condo listed for sale at $509,999, which is $90,694 (15.1%) lower than the average sold price of $600,693 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,634 (0.6%) compared to the previous 30 day period (January 28 - February 26) and down $14,192 (2.3%) from the same time one year ago.
Inventory Change
There were 1,396 1-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 25.0% compared with the previous 30 day period (January 28 - February 26) and up 29.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,941) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $973 decrease compared to the previous 30 day period (January 28 - February 26) and ($8,010) 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 (February 27 - March 27) stood at 45.7%, down from 48.2% over the previous 30 days (January 28 - February 26) and down from 64.9% 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 26 days when successfully sold over the last 30 days (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cloud Realty, Brokerage
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