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40 Homewood Ave 1901, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3706858
MLSID
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Property Description
Most Desirable And Largest 2 Bdrm Suite In The Building With Unobstructed South West View Of The City Skyline. Great Layout, Easy Access To Ryerson, U Of T, Eaton Center, Yorkville, Ttc, Parks, Great Suite Awaiting For Your Personal Touch, Ton Of Closet Space. Building Has Great Amenities, Including Indoor Pool, Sauna, Gym, Party Room , Bbq's, Great Gardens, Lots Of U/G Visitor Parking.
Extras
Existing Fridge + Stove, All Elf's, All Window Coverings. Note: All Furniture In The Condo Can Be Left For The Buyer If Desired. Status Certificate Available. Seldom Available Opportunity. Show Anytime!!
Property Features
Clear View, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,071 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking Spaces
1
Parking 1
Rental
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.07' x 18.73'Parquet Floor, West View, Picture Window
DiningFlat7.22' x 11.48'Combined W/Living, W/O To Balcony, L-Shaped Room
KitchenFlat7.15' x 10.96'Tile Floor, Pass Through
BrFlat11.38' x 13.71'Broadloom, Parquet Floor, W/W Closet
2nd BrFlat10.10' x 11.48'Broadloom, Parquet Floor, W/W Closet
OtherFlat5.18' x 17.68'West View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 1901 is a 2-bedroom 1-bathroom condo listed for sale at $382,000, which is $413,848 (52.0%) lower than the average sold price of $795,848 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $9,285 (1.2%) compared to the previous 30 day period (February 23 - March 23) and up $3,263 (0.4%) from the same time one year ago.
Inventory Change
There were 1,376 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 13.9% compared with the previous 30 day period (February 23 - March 23) and up 31.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,941) (1.1%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,584 increase compared to the previous 30 day period (February 23 - March 23) and ($7,241) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 24 - April 22) stood at 48.8%, up from 47.3% over the previous 30 days (February 23 - March 23) and down from 64.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 24 - April 22), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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