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40 Homewood Ave 2815, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C3900948
MLSID
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Property Description
Great Value! In Move In Condition Or Renovate. Very Popular Large One Bedroom Floor Plan With Over-Sized Layout On A High Floor. Spectacular Unobstructed And Sunny West Facing City Views. Ample Closet Space. Amenities Includes: Indoor Pool, Gym, Sauna, Party Room, Bbq Area, Bike Storage, Extra Large Locker, Laundry Facilities And Tons Of Visitors Parking. Steps From Ttc, Parks, The Village, Shops & Ryerson. Monthly Condo Fees Inclusive Of All Utilities.
Extras
Existing Refrigerator, Stove And Hood Fan, Window Air Conditioner Unit (As Is) And Electric Light Fixtures (As Is). Extra Large Locker. Parking Is Easily Available For $95/Month. Open House Sat/Sun 1-4Pm August 19/20.
Property Features
Clear View, Park, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,944 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Window Unit
Parking Spaces
1
Parking 1
Rental
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenFlat10.43' x 7.15'Linoleum
LivingFlat21.72' x 11.88'Hardwood Floor, B/I Closet, West View
DiningFlat9.12' x 9.15'Hardwood Floor, W/O To Balcony, Sliding Doors
MasterFlat16.34' x 10.30'Hardwood Floor, Double Closet
OtherFlat8.66' x 7.32'West View
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 2815 is a 1-bedroom 1-bathroom condo listed for sale at $369,900, which is $230,793 (38.4%) 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 Bosley Real Estate Ltd., Brokerage
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