Maintenance Fees
The Verve vs The St. James Town Area
1403 - 120 Homewood Ave
$565,0001 bd1 ba0 pk673 sqft
For SaleThe Verve
14 Days on Strata
$565,000
Price Cut: $599,000
Price Cut: $599,000
1 Bed + 1
1 Bath
0 Parking
673 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$511/mth
Taxes:
$2,554 (2024)
Cost Per Sqft:
$840/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
North
Possession Date:
May 30, 2025
Amenities
Visitor Parking
Outdoor Pool
Rooftop Deck
Guest Suites
Party Room
Gym
Indoor Parking
BBQs Allowed
Bike Storage
Security System
Media Room
Concierge
About this Listing
Welcome to The Verve Condominium at 120 Homewood Avenue spacious and stylish 1+Den unit featuring a sleek kitchen with quartz countertops, modern finishes, expansive open views, and a versatile den perfect for a home office or guest room. Ideally located in the heart of downtown Toronto, you're within walking distance to Wellesley & Shelbourne subway stations, U of T, Toronto Metropolitan University, and the Eaton Centre, with seamless access to shopping, dining, and entertainment. Enjoy resort-style amenities, including a rooftop outdoor pool with stunning city views, a fitness center, a yoga studio, party/meeting rooms, a 24-hour concierge, guest suites, and secure entry in a pet-friendly building. Whether you're a professional, student, or urban lifestyle enthusiast, this unit offers the perfect blend of comfort, convenience, and vibrant city living.
ExtrasS/S Fridge, B/I Microwave & Dishwasher, Stove, Washer and Dryer. Light Fixtures and Window Coverings.
homelife/miracle realty ltdMLS® #C12066927
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Maintenance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Juliette Balcony, Laminate
15.09 x 10.01ft
Dining
Open Concept, Combined with Living, Laminate
15.09 x 10.01ft
Kitchen
Quartz Counter, Laminate
8.01 x 8.01ft
Primary
Walk-in Closet, Large Window, Laminate
12.01 x 10.01ft
Den
Laminate
8.99 x 6.99ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore St. James Town
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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
Household Income
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%
Building Trends At The Verve
Days on Strata
Units at The Verve spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance 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 againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 11 condos in the St. James Town area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
24
Units were Rented over the past twelve months
Best Value Rank
The Verve offers the best value out of 11 condos in the St. James Town neighbourhood
?
Appreciation Rank
The Verve has the highest ROI out of 11 condos in the St. James Town neighbourhood
?
Rental Yield
The Verve yields the highest rent prices out of 11 condos in the St. James Town neighbourhood
?
High Demand
The Verve is the most popular building out of 11 condos in the St. James Town neighbourhood
?
Market Insights
Transaction Insights at The Verve
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $515,000 - $550,000 | $540,000 - $630,000 | $785,000 - $1,300,000 | $970,000 - $1,020,000 |
| Avg. Cost Per Sqft | No Data | $971 | $929 | $967 | $898 |
| Price Range | No Data | $2,050 - $2,500 | $2,150 - $2,750 | $2,850 - $3,500 | $3,350 - $3,950 |
| Avg. Wait for Unit Availability | No Data | 76 Days | 57 Days | 42 Days | 258 Days |
| Avg. Wait for Unit Availability | No Data | 64 Days | 62 Days | 41 Days | 345 Days |
| Ratio of Units in Building | 1% | 22% | 31% | 38% | 10% |
Market Inventory
Total number of units listed and sold in St. James Town
