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    623 - 120 Homewood Ave

    For SaleThe Verve
    $1,295,000
    2 Beds
    3 Bath
    1 Parking
    1,340 SQFT
    78 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,022/mth
    Taxes:
    $5,150 (2024)
    Cost Per Sqft:
    $966/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    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
    Hardwood Floor, 2 Piece Bath, Windows Floor to Ceiling
    19.26 x 19.26ft
    Dining
    Hardwood Floor, Walkout To Balcony, East View
    11.25 x 10.24ft
    Kitchen
    Hardwood Floor, Eat-In Kitchen, Quartz Counter
    12.07 x 8.76ft

    About this Listing

    Welcome to one of the most distinctive condos in The Verve. This stunning 2-bedroom, 2+1 bathroom penthouse loft at 623-120 Homewood Ave offers approximately 1,340 sq/ft of living space across two levels, with nearly $150K invested in premium upgrades. The main level features an open-concept living and dining area with high-end chevron hardwood flooring. The eat-in chefs kitchen boasts quartz countertops, stainless steel appliances, an induction range-top, an oven, a microwave/oven combo, ample pantry space, and under-cabinet lighting. Walk out to a private terrace nearly 30 feet wide featuring upgraded black Trex composite decking, a gas BBQ hookup, and a water bib, all with serene park views. You'll be wowed by the dramatic two-story living space and the striking steel staircase with glass railings leading to the second floor. Upstairs, the second level impresses with polished concrete floors and a mezzanine-style primary suite. This retreat includes a spacious walk-in closet and a spa-like ensuite with a large walk-in shower and designer vanities. A bonus closet room and a laundry room add to the convenience. The second bedroom also features its own walk-in closet and full bathroom. This remarkable home includes a premium parking spot on P1 near the elevator, equipped with a bike parking rack, plus a private storage locker. Beautifully appointed throughout, the sumptuous penthouse suite features thoughtful details like motorized Somfy blinds and designer lighting. The loft is fitted with the finest finishes and offers dual climate control with smart Ecobee thermostats for year-round comfort. Experience exceptional amenities at The Verve: a 24-hour gym, a 24-hour grocery store, a pharmacy, and a cozy coffee shop all within the building. The rooftop pool with private cabanas offers a perfect retreat. With its LEED-certified design and prime location in the Church-Wellesley neighbourhood, The Verve blends luxury, style, and convenience.

    ExtrasDon't miss the chance to own this exceptional property. Watch the 4K Video Tour! *Some of the photos have been virtually staged.

    royal lepage real estate services ltd.MLS® #C9300435


    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Concierge
    Gym Room

    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.

    Similar Listings

    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%

    Maintenance Fees

    The Verve vs The St. James Town Area

    Days on Strata

    Units at The Verve spend an average of
    41
    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
    6.5
    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

    13
    Units were Sold over the past twelve months

    Rented Units

    20
    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$630,000 - $690,000$785,000 - $1,100,000No Data
    Avg. Cost Per SqftNo Data$963$1,012$959No Data
    Avg. Wait for Unit AvailabilityNo Data75 Days56 Days40 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