The Verve Condos in Toronto C08

120 Homewood Avenue, Toronto C08

Total Units

8

For Sale

1

For Rent

33

Sold

62

Leased

$993K

Avg Price

34

Days (Sale)

26

Days (Lease)

OQ

OVAIS QASSIM

Questions about The Verve?

Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 5,000 SQFT
Property Management:
Del Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$1.1M

Lowest Sale (12mo)

$505K

Median Maintenance

$647/mo

Year Built

The Verve Market

Updated Aug 22, 2026
Condos
Median sale price
$626K
Median PSF (est.) 7.9%
$963/sqft
Sold last 90 days
3
Active listings
6
Months of inventory
6.0
Avg days on market
24
Sale-to-list ratio
97.47%
Absorption rate
16.7%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 57.14% · End-user: 42.86% (from 3 sales, 4 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2024-10: 0.0% (3 listings)
2025-03: 0.0% (3 listings)
2026-05: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $963+17.65% vs community avg ($819)[premium]
Supply vs demand by unit type (90d)
Sample: 6 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 0 sold · mismatch +16.67%
2br: 5 active / 3 sold · mismatch -16.67%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (6 sales)66.67% closed with concessions, avg 2.13% below ask
2br (20 sales)85.00% closed with concessions, avg 4.09% below ask
Seasonality (annual pattern)
Historically strongest months: Jul, Aug, May
Historically weakest months: Feb, Sep, Apr
Annual averages: DOM 27.4d · sale-to-list 97.47% (n=28)
Monthly detail
Jan · 2 sales · DOM 27.0d · STL 98.62%
Feb · 1 sales · DOM 53.0d · STL 88.80%
Mar · 4 sales · DOM 33.0d · STL 97.86%
Apr · 2 sales · DOM 67.5d · STL 96.62%
May · 4 sales · DOM 15.5d · STL 95.99%
Jun · 3 sales · DOM 25.0d · STL 97.23%
Jul · 2 sales · DOM 7.5d · STL 100.18%
Aug · 2 sales · DOM 11.0d · STL 98.13%
Sep · 1 sales · DOM 64.0d · STL 98.25%
Oct · 4 sales · DOM 22.0d · STL 99.13%
Nov · 1 sales · DOM 22.0d · STL 97.76%
Dec · 2 sales · DOM 22.5d · STL 96.83%

Market Intelligence

Price per sqft analysis and trends

The Verve

Sale PSF

N/A

Lease PSF

N/A

North St. James Town

Sale PSF

$907/sqft

5 sales

Lease PSF

$3.59/sqft/mo

2 leases

Toronto C08

Sale PSF

$884/sqft

93 sales

Lease PSF

$3.92/sqft/mo

29 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
The VerveThis Building
/mo
North St. James Town
9073.59/mo52
Toronto C08
8843.92/mo9329
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$136.55/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Community BBQ
Concierge
Exercise Room
Game Room
Guest Suites
Gym
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatParkingWater

Building Reviews

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About The Verve Condos

The Verve is a premier condominium located at 120 Homewood Avenue, Toronto C08. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 104 units available at The Verve, with prices averaging around $993K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

The Verve stands out in Toronto C08's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at The Verve, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: North St. James Town, Toronto C08 and the Toronto area.

Units for Lease at The Verve

Keywords: The Verve Toronto C08 Real Estate

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