120 Homewood Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North St. James Town. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $525,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience upscale urban living in this beautifully maintained 1-bedroom suite at The Verve, a sought-after Tridel-built residence in the heart of downtown Toronto. This meticulously kept 1 bed, 1 bath unit features a thoughtfully designed open-concept layout with 9 ft ceilings, maximizing space, light, and functionality throughout. Enjoy breathtaking skyline views from every window, creating a bright and airy atmosphere that elevates everyday living. The efficient floor plan seamlessly connects living, dining, and kitchen spaces-perfect for both relaxing and entertaining. Residents of The Verve enjoy resort-style amenities including one of the city's best rooftop pools, complete with jacuzzi, cabanas, lounge chairs, and BBQs. Additional features include saunas, a state-of-the-art gym, cinema and billiards rooms, concierge service, and visitor parking-offering a true full-service lifestyle. Ideally located just steps to parks, shops, cafes, and transit, with quick access to the Yonge & Bloor subway lines, this home offers exceptional convenience in a vibrant neighbourhood. Set within an eco-friendly, high-efficiency building, it also provides excellent value with low utility costs. A perfect opportunity for first-time buyers, investors, or anyone seeking stylish, low-maintenance living in a prime downtown location.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Clear View, Hospital, Public Transit, Rec./Commun.Centre, Park
Interior Features
None
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 120 Homewood Avenue 3506, Toronto C08, ON M4Y 2J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $525,000 in Toronto, the legal minimum down payment is $27,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,975 also applies, bringing the total estimated land transfer taxes to $13,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
