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 $598,500 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
Immerse yourself in the vibrant heart of downtown Toronto with Unit 3506, proudly situated on the 35th floor of The Verve. Breathtaking skyline views greet you each day, setting the stage for a lifestyle filled with endless possibilities. Step inside this meticulously crafted one-bedroom condo to discover a thoughtfully designed, open-concept floor plan with 9 ft ceilings. Every inch of space is optimised for comfort and functionality, ensuring that no corner goes unused. Experience true urban living at its finest with the best layout that eliminates wasted space, providing you with the ultimate living experience. Enjoy the convenience of easy access to multiple subway stations, including Bloor-Yonge, Sherbourne, and Wellesley. Resort-style amenities w/ one of the city's best rooftop pools, jacuzzi, cabanas, lounge chairs & BBQs, saunas, state-of-the-art gym, cinema & billiards rooms, concierge & visitor parking.
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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 $598,500 in Toronto, the legal minimum down payment is $34,850 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 $8,445 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,445 also applies, bringing the total estimated land transfer taxes to $16,890.
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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.
