Maintenance Fees
The Verve vs The St. James Town Area
1501 - 120 Homewood Ave
$849,0002 bds2 ba1 pk829 sqft
For SaleThe Verve
17 Days on Strata
$849,000
2 Beds
2 Bath
1 Parking
829 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$647/mth
Taxes:
$3,419 (2024)
Cost Per Sqft:
$1,024/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
March 24, 2025
Laundry:
Main
Amenities
Visitor Parking
Party Room
Concierge
Rooftop Deck
Indoor Parking
Bike Storage
Guest Suites
BBQs Allowed
Gym
Media Room
Outdoor Pool
Security System
About this Listing
Experience Luxury Living In This Stunning Corner Unit At The Verve, Built By Tridel. This Immaculate 2-Bed, 2-Bath Condo Boasts Unobstructed Nw Views Of The Cn Tower, Parks, And Valleys From Its Perfectly Laid-Out Floor Plan. Enjoy A Gourmet Kitchen With Island, Stainless Steel Appliances, And Large Windows That Flood The Space With Natural Light. Both Bedrooms Are Generously Sized, With The Primary Bedroom Featuring A Walk-In Closet And An Ensuite Bathroom. Includes A Parking Spot And Locker, Building Amenities Such As A Fully-Equipped Gym, Sauna, Steam Room, Rooftop Pool And Hot Tub, Party Room, Billiards, And Visitor Parking. The High-Demand Building Is Well-Maintained And Conveniently Located Near Transit, Highways, Schools, Parks, Restaurants, And Cafes, Offering A Low-Maintenance And Comfortable Lifestyle. *Parking and Locker included
ExtrasStainless Steel Fridge, Stove, Microwave, Stacked Washer/Dryer, Parking, Locker All Window Coverings
chestnut park real estate limitedMLS® #C12038324
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Nw View, Laminate, Walkout To Balcony
19.78 x 10.01ft
Dining
Combined with Living, Laminate
19.78 x 10.01ft
Kitchen
Open Concept, Centre Island
7.97 x 7.97ft
Primary
Double Closet, 4 Piece Ensuite, Laminate
10.99 x 9.97ft
2nd Bedroom
Nw View, Laminate
12.17 x 9.19ft
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.
Mortgage Calculator
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
39
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in St. James Town
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-4%
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
14
Units were Sold over the past twelve months
Rented Units
23
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 - $1,202,500 | $1,020,000 |
| Avg. Cost Per Sqft | No Data | $971 | $929 | $983 | $876 |
| Price Range | No Data | $2,100 - $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 | 41 Days | 272 Days |
| Avg. Wait for Unit Availability | No Data | 65 Days | 62 Days | 41 Days | 345 Days |
| Ratio of Units in Building | 1% | 22% | 31% | 38% | 9% |
Market Inventory
Total number of units listed and sold in St. James Town
