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    Toronto / Downtown / St. James Town

    3309 - 120 Homewood Ave

    For RentThe Verve
    $4,000/mth
    Price Cut: $4,150
    2 Beds + 1
    2 Bath
    1 Parking
    1,100 SQFT
    26 Days on Strata
    Est Lease Timeframe
    18 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Yes
    Exposure:
    South West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Living
    Laminate, Sw View, Walkout To Balcony
    20.21 x 16.7ft
    Dining
    Laminate, Open Concept, Combined with Kitchen
    10.6 x 20.6ft
    Kitchen
    Laminate, Centre Island
    20.6 x 10.6ft

    About this Listing

    Discover the epitome of urban living in this stunning 2-bedroom + den, 2-bathroom unit at the highly sought-after VERVE by Tridel. This spacious residence features a desirable split-bedroom layout and an inviting open balcony, offering breathtaking panoramic views of the Lake, Downtown, and the growing Yorkville skyline. Views that will truly take your breath away and impress guests. Boasting approximately 1,100 square feet of upgraded luxury, this premium southwest corner unit is bathed with natural light from expansive walls of windows and comes complete with 1 parking spot & storage locker. The contemporary finishes include sleek plank laminate flooring and custom wood millwork accents, elevating your living experience beyond the ordinary. This rental is fully furnished and equipped, akin to an upscale Airbnb, complete with stylish furnishings, plush bedding, and all necessary accessories. Perfect for out-of-town executives on work assignments in Toronto, simply bring your personal items and move right in. Rarely available on the upper floors, this highly sought-after layout offers both comfort and convenience. Enjoy the solid management and full suite of amenities that the desirable VERVE building provides. Don't miss your chance to experience luxurious city living in a vibrant and convenient location! Red Rocket Coffee, RABBA 24Hr Foodstore and Pharmacy all in the building.

    ExtrasBuilding Features: Fully Equipped Gym, Outdoor Pool & Sundeck w/Cabanas & BBQ Area. 24Hr Concierge, Visitors Parking, Large Party Rm & Event Kitchen, Meeting, Yoga & Theater Rms. His & Hers Steam Rms, Dry Sauna. 96 Walkscore

    royal lepage your community realtyMLS® #C9382297

    Amenities

    Security System
    Guest Suites
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Indoor Parking

    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.

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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
    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%

    Price Trends

    Maintenance Fees

    The Verve vs The St. James Town Area

    Building Trends At The Verve

    Days on Strata

    Units at The Verve spend an average of
    42
    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
    6.4
    YEARS before being sold again

    Property Value

    -1%
    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

    12
    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 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$690,000$785,000 - $1,100,000No Data
    Avg. Cost Per SqftNo Data$963$1,064$959No Data
    Avg. Wait for Unit AvailabilityNo Data75 Days52 Days39 Days279 Days
    Ratio of Units in Building1%21%32%40%8%

    Transactions vs Inventory

    Total number of units listed and leased in St. James Town