420-120 Homewood Avenue, Toronto, ON
North St. James Town, Toronto · MLS® C13228598
About this home
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, 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 for four, abundant quality cabinetry, upgraded finishes, and a quartz countertop. Numerous other highlights: hardwood flooring with plywood underneath (additional insulation- in terms of temperature and noise), custom Hunter Douglas blinds and custom drapery, closet doors, crown mouldings, contemporary crystal light fixtures. 2nd bedroom sliding doors were removed- to allow for more open flow. Enjoy the outdoor space- a spacious balcony spanning the width of the unit, facing east & overlooking the park. Steps to Rabba, Red Rocket, Wellesley/ Sherbourne bus can connect to Yonge or Bloor subway line. Close proximity to Yonge & Bloor, Yorkville, U of T, Queen's Park, numerous Hospitals (St. Michael's, Mount Sinai, Toronto General, Princess Margaret, UHN). Other nearby highlights: Allan Gardens, Riverdale park west, Rosedale Ravine Lands, bike paths, easy access to DVP. Prime P1 parking spot- steps to elevator. Convenient locker room also on P1-easy access location. *Photos reflect virtual staging, virtual de-staging.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13228598
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Jarvis & Wellesley
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $647/mo
- Exposure
- East
- Property tax
- $3,341 / 2025
- Days on market
- 45
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
overlooks park · hardwood floor · large closet
combined w/dining · hardwood floor · w/o to balcony
centre island · hardwood floor · stainless steel appl
overlooks park · overlooks park · east view
combined w/living · hardwood floor
hardwood floor · large closet
Listed at $830,000, this home is tracking about 24% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 47 similar homes nearby, adjusted for size, beds, and baths.Median of 47 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $593K, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $683K
- Bathrooms −$15K
- Adjusts to $668K
That comparable adjusts to $668K; the $668K estimate above is the median of all 47 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Sherbourne St at Wellesley St East is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $668K, median of 47 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Elevator: rare and valuable for accessibility and resale.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 15% above the area average of $962/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
North St. James Town, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Sherbourne St at Wellesley St East, about 125 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $664,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,543
- Property tax
- $278
- Condo / maintenance fees
- $647
- Heating
- $0
- Estimated monthly cost
- $4,469
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,075
- Toronto municipal land transfer tax
- $13,075
- Estimated closing costs
- $26,150
Plus your down payment of $166,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $212,601
- Principal paid down
- $84,561
- Interest paid
- $128,040
- Balance remaining
- $579,439
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.