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Featured
New3 hours ago

617 - 120 Homewood Avenue

Cabbagetown-South St. James Town, Toronto

$1,325,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

CORNER UNIT. SOARING CEILINGS. DRAMATIC CITY VIEWS. EXCEPTIONAL TWO-STOREY LOFT LIVING.Experience downtown Toronto from a different perspective in this rarely offered 1,541 sq. ft. two-storey loft at The Verve by Tridel. A striking wall of floor-to-ceiling windows showcases sweeping city views, while soaring double-height ceilings flood the space with natural light and create an extraordinary sense of volume. Savour spectacular sunsets from the west-facing terrace complete with a 17-ft. electric awning for welcome shade. Beautifully renovated with a cohesive eye for detail, the interiors balance contemporary design with warmth and understated elegance. Despite its vibrant downtown setting, the space feels remarkably peaceful - a serene retreat above the city.The chef-inspired kitchen combines sleek quartz countertops, premium stainless steel appliances, a breakfast bar and a built-in Miele coffee machine. Rich hardwood floors and a striking floating industrial-style staircase add warmth and architectural character.Upstairs, two generously sized bedrooms offer a welcome sense of privacy and retreat. The primary suite features a luxurious five-piece ensuite and electric blinds for effortless light control and privacy, enhancing the comfort of this beautifully appointed suite. The second bedroom enjoys its own three-piece ensuite - ideal for guests or a private home office. Beyond your front door, The Verve's outstanding amenities include a resort-style outdoor pool and sun deck, fully equipped fitness centre, party room, media lounge and billiards area. And the location? Exceptional. Step outside to enjoy nearby parks, boutique shopping, restaurants and everyday conveniences, with the subway less than 10 minutes away and easy access to major highways. Experience the energy of downtown Toronto with the city's best offerings right at your fingertips.An exceptional opportunity to own a beautifully appointed urban sanctuary in the heart of downtown Toronto.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,341
LockerOwned
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,522
mls© NumberC14081846
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,782
Property tax
$544
Heat allowance
$150
Condo fees, half counted
$671
Housing costs
$8,146 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $265,000
25-yr amortization

Income needed

$251,000

gross annual household income

Payment at 4%
$5,576 / mo
Cash down
$265,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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