120 Homewood Avenue 420, Toronto C08

$765,000
120 Homewood Avenue 420

$765,000

New
4d
Condo ApartmentLoft

120 Homewood Avenue 420, Toronto C08

Total Monthly Obligation $4,216

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
4d
Score
16
Yield
4.5%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-C14096102
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$3,399.19 (2026)
Maintenance-$647.18/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-HOMELIFE/BAYVIEW REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immed-Flex
Neighbourhood-North St. James Town
Title-Residential Condo & Other

No agent assigned

**** 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 for four, abundant quality cabinetry, upgraded finishes, and a quartz countertop. Numerous other highlights: engineered hardwood flooring, custom Hunter Douglas blinds & custom drapery, upgraded closet doors, cornice mouldings, contemporary crystal light fixtures. 2nd bedroom sliding doors were removed - to allow for more open flow & versatility. Enjoy the outdoor space - a spacious balcony spanning the width of the unit, facing east & overlooking the park. ***The perks of a boutique building (quiet, low traffic, more privacy-exclusivity, unique layout & features) with the benefits of a larger building (excellent amenities, 24hrs concierge, lower maintenance fees) ***. ** Building amenities include: resort style rooftop outdoor pool with cabanas, BBQ areas, state of the art -bright & extensive gym, yoga studio, steam & dry saunas, billiard room, meeting room, dining & party room, bike storage, visitor parking.** Area Amenities: 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/de-staging.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$612,000
Land Transfer Taxes$11,775
Legal Fees (Est.)
$
Total cash required for closing$166,275

Total Monthly Obligation

$4,216/mo
Mortgage $3,086
Monthly Loss $3,404
Principal$812
Interest$2,274
Property Tax$283
Condo Fees$647
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,704/yr
NOI
$17,668/yr
Net Cash Flow
-$1,613/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 120 Homewood Avenue 420

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