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$765,000
DOM3daysVerve Condos & Lofts · 120 Homewood Avenue · Toronto · Ontario M4Y 2J3
3 days on market
**** A unique loft for discerning taste at Tridel's Gold LEED certified Verve featuring soaring 10' smooth ceiling and a wide design allowing for plenty of light and versatile furniture set up. Overlooking the park, meticulously maintained by original Owner, offering a like-new feel. Perfectly positioned- nestled in the middle of the building, (away from elevators, stairs, chute) low traffic & quiet. **** The well-designed kitchen is sure to impress- featuring a large centre island with seating…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: HOMELIFE/BAYVIEW REALTY INC.
Source: TRREB/PROPTX · MLS® C14096102
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $34,826 | $2,902/mo |
| Government & taxes | ||
| Property tax | $3,399 | $283/mo |
| Land transfer tax(closing) | $11,775 | $981/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,650 | $638/mo |
| Condo fees | ||
| Condo / HOA fees | $7,766 | $647/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $76,076 | $6,340/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.