40 Homewood Ave 2401
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Property Description
Wonderful Southwest Facing 2 Bedroom Condo With Amazing Cityscape And Lake Views. Beautifully Kept This Home Offers Exceptionally Large Bedrooms, Renovated Washroom, Tons Of Storage And A Well Thought Out Floorplan. This Well Run Building Has Great Amenities Including Olympic Size Pool, Sauna, Newly Renovated Gym, Party Room And Visitor Parking. Located Within Walking Distance To Downtown, Shops, Restaurants And Cafes This Is A Must See Property!
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Extras
Existing Fridge, Stove, Dishwasher And All Light Fixtures. Status Certificate Is Available.
Property Features
Clear View, Hospital, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,016 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking 1
Rental
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 18.37' x 9.84' | Parquet Floor, W/O To Balcony, West View |
| Dining | Flat | 11.48' x 7.55' | Parquet Floor, W/O To Balcony, West View |
| Kitchen | Flat | 7.22' x 10.83' | Ceramic Floor, Family Size Kitchen, Pantry |
| Master | Flat | 13.78' x 11.48' | Parquet Floor, Closet Organizers, Window Flr To Ceil |
| 2nd Br | Flat | 11.15' x 10.17' | Parquet Floor, Closet Organizers, Window Flr To Ceil |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Homewood Ave 2401 is a 2-bedroom 1-bathroom condo listed for sale at $539,900, which is $255,840 (32.2%) lower than the average sold price of $795,740 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $14,311 (1.8%) compared to the previous 30 day period (February 22 - March 22) and up $4,203 (0.5%) from the same time one year ago.Inventory Change
There were 1,369 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 23 - April 21), which is up 14.0% compared with the previous 30 day period (February 22 - March 22) and up 26.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,956) (1.1%) below asking price over the last 30 days (March 23 - April 21), which represents a $1,898 increase compared to the previous 30 day period (February 22 - March 22) and ($7,314) 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 23 - April 21) stood at 47.6%, down from 49.4% over the previous 30 days (February 22 - March 22) and down from 63.8% 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 23 - April 21), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Estate Realty, Brokerage
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