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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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.
Introducing a rare opportunity to own an oversized loft in the highly sought-after Verve Condominiums. This fully renovated suite offers over 765 square feet of contemporary living space, featuring soaring 10-foot ceilings and expansive windows that flood the interior with natural sunlight. Enjoy breathtaking views of a tranquil, tree-lined street and the charm of historic heritage homes, creating a picturesque backdrop for your urban lifestyle. This meticulously designed home boasts a spacious sun-drenched layout, including a versatile office den ideal for remote work or study, a dedicated dining area perfect for hosting dinner parties, and an open-concept modern kitchen with an oversized chef's island, making it an entertainers dream. The thoughtfully curated interior combines style and function, offering a comfortable and sophisticated living environment. Residents have access to over 10,000 square feet of premium amenities, including a stunning rooftop pool with panoramic city views, a fully equipped gym and yoga studio, 24-hour concierge service, a private movie theatre, and dedicated party and meeting rooms perfect for gatherings and social events. Ideally situated just steps from TTC transit, boutique shops, grocery stores, acclaimed restaurants, this location offers unmatched connectivity and lifestyle options. This exceptional property combines luxurious living, prime location, and outstanding amenities an opportunity not to be missed for discerning buyers seeking sophistication and convenience in the heart of Toronto. A long-term rented parking spot is available prepaid until November 2025, with the option to renew directly through the current spot owner.
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Data-driven valuation for 120 Homewood Avenue 215, Toronto C08, ON M4Y 2J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $649,900 in Toronto, the legal minimum down payment is $39,990 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.
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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.