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    60 Homewood Avenue & 5-15 Maitland Place

    L’Esprit Residences
    5for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    5
    Number of Units:
    169
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    456 - 2,079 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for L’Esprit Residences

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    Amenities

    Visitor Parking
    Bike Storage
    Squash Court
    Party Room
    Indoor Parking
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 60 Homewood AvenueL’Esprit Residences

    Spanning multiple addresses on Maitland and Homewood Avenue — 60 Homewood Ave, 5-15 Maitland Place — L’Esprit Residences was built in 1990, and has been a fixture of both the Cabbagetown neighbourhood and LGBTQ+ Village neighbourhood ever since. Despite the fact that these buildings are separated from one another, each has a similar brick exterior, reminiscent of older condo design.

    Whether you’re a first time home buyer, an established professional, or an empty nester who’s looking to downsize — there’s a unit here to match any taste. Additionally, residents enjoy well maintained amenities such as an indoor pool, hot tub, gym, sauna, tennis courts, rooftop patio, on-site security and a parking garage. Another plus is that this building has pet friendly policies, so your furry friend is welcome as well.

    However, by far the best part of calling these condos home is getting to live in the Cabbagetown neighbourhood; packed with cozy restaurants, trendy cafes, and large green spaces, residents never need to wander far for food or fresh air. And with Yonge Street and Church Street to the west, entertainment options are never out of reach either.

    The Suites

    With multiple buildings and a wide array of layouts and exposures, buyers who are keen on downtown Toronto condos for sale have a lot of choice at 60 Homewood Ave, 5-15 Maitland Place; in addition to condos, Homewood Avenue has a select number of townhomes, ideal for families of buyers who want a little more space. Suite size range from 494 square feet to 1413 for the largest units.

    As an older building, you can expect to find some variation among units when it comes to finishes, but most suites have hardwood or parquet flooring, floor to ceiling windows, updated kitchens and bathrooms, and balconies or solariums.

    One unique aspect of owning a condo at 60 Homewood Ave, is that the property has a courtyard behind the building, which many units look out on; few condos boast a green space on site, and fewer still have an outdoor track next door, which should be music to the ears of any fitness fanatics.

    The Neighbourhood

    From your home at 60 Homewood Ave, 5-15 Maitland Place, you’re just minutes from dining, shopping, entertainment, and regardless of what your style is — there’s something to please you nearby. Shoppers have the Eaton Centre within walking distance of their condo, and upscale boutiques to the north on Bloor — Gucci, Prada, Tiffany & co, Coach… if you can name it and it’s expensive, it’s on Bloor.

    For those who can’t completely open their eyes without a morning blast of caffeine, there’s Red Rocket Coffee just 2 minutes away on the corner of Wellesley and Homewood — and because variety is the spice of life, Tim Hortons, JetFuel Coffee Shop, Johnny G's Café, Coffee Cup Donuts Ltd, and Starbucks are all within walking distance.

    If you’re in the mood to dine-out, you can get a picture perfect steak at The Blake House or the Keg Mansion, both of which are just around the corner. On Church Street you’ve got great options for lunch like Tacorrito – Church and Kawa Sushi, and for a vast selection of restaurants, just head west to Yonge for international cuisine, fast food chains, and cozy eateries.

    Entertainment options are also plentiful — concert goers have the Phoenix Concert Theatre one block east on Sherbourne, and Massey Hall is only a short walk south. On movie nights, you have the charming Imagine Cinemas Carlton Cinema in the neighbourhood, and a large Cineplex and Yonge Dundas Square. There are theatres for the performing arts, art galleries, and community centres with athletic facilities.

    Of course, we would be remiss if we didn’t mention the diverse nightlife options available in the area; on Church you’ll find a cluster of LGBTQ+ pubs and clubs from upscale hangouts like Boutique Bar to your standard cozy pub and patio experience found at Hair Of The Dog. Craft beer aficionados can expand their knowledge at 3 Brewers Yonge, as well, you’ll encounter many unique pubs and bars to the north and south on Yonge.

    Transportation

    Strutting to a 94 Walk Score — 60 Homewood Ave, 5-15 Maitland Place provides residents with a pedestrian friendly location; for grocery runs you can easily stroll to Rabba Fine Foods on Wellesley or LobLaws on Carlton, and Greendale Drugs is also on Carlton for any prescriptions needs.

    Residents who rely on public transit have bus stops on Sherbourne, Wellesley, Jarvis, and Carlton, streetcar service on Carlton, and Wellesley Station is only minutes away for the Yonge-University subway line.

    Even car owners can navigate the city without spending too much time stuck in traffic — we can’t guarantee that — by heading south on Jarvis to the Gardiner Expressway, or north on Parliament to Bloor and then east for the nearest Don Valley Parkway on-ramp.

    L’Esprit Residences Reviews

    Kenan Yousef
    July 4 2024
    Strata Agent
    60 Homewood Ave and 15 Maitland Pl are great options, especially for downsizers. While both towers are under the same condo corporation, they have differences that appeal to different buyers and renters. One significant difference is the adequately sized balconies found at 60 Homewood Ave compared to 15 Maitland Pl, which has no balconies. Since these are more mature buildings, many units have undergone major renovations and changes. Potential buyers might also be glad to hear these buildings have a considerable reserve fund. Overall, this building has an excellent standing.
    5

    Listings For Sale

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    3

    Listings For Rent

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    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,212
    Average Individual Income
    $67,505
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $115,353
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    41%
    Semi Detached
    28%
    High Rise Apartment
    15%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    9%
    Tagalog
    2%
    French
    1%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    34%
    High School
    26%
    College
    16%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    L’Esprit Residences vs The Cabbagetown Area

    Days on Strata

    Units at L’Esprit Residences spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 34 condos in the Cabbagetown area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    L’Esprit Residences offers the
    ?
    best value out of 34 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    L’Esprit Residences has the
    ?
    highest ROI out of 34 condos in the Cabbagetown neighbourhood

    Rental Yield

    L’Esprit Residences yields the
    ?
    highest rent prices out of 34 condos in the Cabbagetown neighbourhood

    High Demand

    L’Esprit Residences is the
    ?
    most popular building out of 34 condos in the Cabbagetown neighbourhood

    Transaction Insights at 60 Homewood Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$525,000 - $680,000No Data$1,118,000 - $1,185,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$760No Data$653No DataNo Data
    Avg. Wait for Unit Availability377 Days128 Days19 Days93 Days259 DaysNo DataNo Data
    Ratio of Units in Building1%10%71%13%6%1%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Cabbagetown