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Unit PH7 at The Verve

Sold

120 Homewood Avenue PH7, Toronto C08, ON M4Y 2J3

MLS #C12037694

$1,300,000

Sold on May 14, 2025

May 14, 2025

Originally listed at $1,399,999 9 days on market

About This Property

Welcome to Elevated Living with Iconic Views. Wake up inspired every day in this stunning SE corner penthouse, where breathtaking views of the city skyline, CN Tower, and Lake Ontario stretch before you from every room. Expansive floor-to-ceiling windows maximize natural light, highlighting the luxurious 1,520 sq. ft. interior and 140 sq. ft. of combined private balcony space. This spacious 2-bedroom, 3-bathroom residence is designed for modern elegance, featuring 9-ft smooth ceilings with pot lights, wide-plank engineered oak hardwood throughout, a custom built-in TV niche with an electric fireplace, and a gourmet kitchen with an oversized quartz island and integrated appliances. The primary suite offers a walk-in closet and spa-inspired five-piece ensuite, while the second bedroom features its own private three-piece ensuite. Smart storage solutions abound including ample closets as well as freestanding storage cabinets so keeping organized is a snap. The open-concept living and dining area is perfect for entertaining, with stunning city views as your backdrop. Verve by Tridel is a well-managed building with resort-style amenities, including a fully equipped gym, outdoor pool with a sundeck, cabanas, and BBQ area. Residents enjoy 24-hour concierge service, visitor parking, a large party room with an event kitchen, yoga and theatre rooms, as well as his and hers steam rooms and a dry sauna. This exceptional unit comes with 2 Parking Spots and 2 Storage Lockers. Experience the best of sky-high living in one of Toronto's most sought-after buildings.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1299/mo) and property tax ($6,687/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$933/sqft
North St. James Town
$907/sqft+2.8%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

2

Bathrooms

3

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeFan Coil
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1962
MLS Size1400-1599
Listed OnMar 23, 2025
Maintenance Fees$1,299/month
Property Tax$6,687/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Flat)2.41 x 3.787.9 x 12.4-
Living Room(Flat)5.52 x 3.6918.1 x 12.1-
Dining Room(Flat)3.23 x 4.3910.6 x 14.4-
Kitchen(Flat)3.02 x 7.899.9 x 25.9-
Primary Bedroom(Flat)3.08 x 4.8810.1 x 16.0-
Bedroom 2(Flat)2.77 x 4.889.1 x 16.0-
Other(Flat)---

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Unit PH7 History

Complete transaction history for this unit

Terminated

Listed: Mar 2, 2025

$1,499,999

21 days on marketSale
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Price History

Original List Price

$1,399,999

Listed on Mar 23, 2025

Sold Price

$1,300,000

Sold on May 14, 2025

-$99,999

-7.1%

9 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe Verve
Address120 Homewood Avenue, Toronto C08
Parking TypeUnderground

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About Unit PH7 at The Verve

Unit PH7 is a residential condo & other with 2 bedrooms, 3 bathrooms spanning approximately 1400-1599 square feet located at The Verve, 120 Homewood Avenue, Toronto C08. This unit is currently sold (sold for $1300K).

About The Verve

The Verve is located at 120 Homewood Avenue, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

North St. James Town Neighbourhood

This unit is located in North St. James Town, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

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.

Keywords: Unit PH7 The Verve Toronto C08

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