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    Toronto / Downtown / St. James Town

    1008 - 120 Homewood Ave

    For SaleThe Verve
    $638,000
    1 Bed + 1
    1 Bath
    0 Parking
    664 SQFT
    28 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $509/mth
    Taxes:
    $2,865 (2023)
    Cost Per Sqft:
    $961/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Walkout To Balcony
    15.98 x 8.01ft
    Dining
    Combined with Living, Open Concept
    15.98 x 8.01ft
    Kitchen
    Centre Island, Stainless Steel Appliances, Custom Backsplash
    8.01 x 8.01ft

    About this Listing

    Get ready for the ultimate urban getaway at 120 Homewood Ave! This stunning updated 664 SqFt 1+1 Bedroom Suite @ The Verve in the heart of Cabbagetown! Great layout with Breathtaking Views of the City - offering a perfect blend of modern luxury and historic charm. W/ 9' Ceilings. Open Concept Living/Dining/Kitchen. Perfect for Executives, Investors or End-Users. Functional Floorplan W/1+1 Bedroom, Highly Desirable Tridel Community, Leed Certified Energy Efficient. Fabulous Amenities! Rooftop Pool & Bbq Area, State Of The Art Gym, Yoga Studio, Billiards, Theatre, Party Room, Concierge And Visitor Parking. Walking Distance To Wellesley Subway, U Of T, Ryerson ,College Park, Eaton Centre.

    forest hill real estate inc.MLS® #C9390494

    Amenities

    Security System
    Visitor Parking
    Rooftop Deck
    Party Room
    Outdoor Pool
    Guest Suites

    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 sold in St. James Town