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            AIDA

            Real Estate Artificial Intelligence Digital Assistant

            Disclaimer

            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

            Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# C4957240

            $2,080
            1br 2ba 600-699sf

            Water

            Y

            Heating

            Y

            Hydro

            Y

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            97

            TransitScore

            100

            Compare$1,965

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            RE/MAX PROFESSIONALS INC., BROKERAGE

            Learn more about this property:
            MLS# C4957240 Listing Details
            Among all comparable properties rented in condo located at 120 Lombard St in Church-Yonge Corridor in Toronto from Jan 2017 to Oct 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,965

            Maximum Rent Adjusted was:

            $1,965

            AIDA's ESTIMATE (based on 1 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($2,080) more than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 1 comparable properties rented out in condo located at 120 Lombard St in Church-Yonge Corridor in Toronto from Jan 2017 to Oct 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2017-10-17***505120 Lombard StW600-6991+0 • 21.0$2,200-10.69%***

            Church-Yonge Corridor, Toronto Sales History More

            Church-yonge Corridor, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Church-yonge Corridor, Toronto: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            505 120 Lombard St is a condo apt apartment, located in Church-Yonge Corridor of city of Toronto, Toronto region, near St. Lawrence Market, and has been available for lease on ITRealty since 2020-10-17. This unit is located at level 5 of the building and has West exposure of Lombard St. Condo registry office is TSCC, corporation number 1579.

            Lot Size and Living Area:

            505 120 Lombard St has 4+0 rooms in total, including 1+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 600-699 square feet.
            1.0 parking space(s) are owned and located undergrnd at level A5 . ensuite laundry is located on main level.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:


            AIDA has also identified the following listing features: Income Potential, Modern/Renovated/Well Maintained.

            Price & Cost Overview

            General:

            505 120 Lombard St condo apt is listed for $2,080.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,965.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Church-Yonge Corridor, where 120 Lombard St is located, has $788,068 Home Price Index, and $2,346 Home Rent Index. Average household income at dissemination area of 120 Lombard St is $77,227, and average polulation age is 39 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,366, and average Home Rent Index $2,583.

            Similar Properties & Community Details:

            There are similar to 505 120 Lombard St 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 120 Lombard St.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Church-Yonge Corridor neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 97, 100, and 98 accordingly, location of 120 Lombard St overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            505 120 Lombard St Listings History Powered By AIDA
            Church-yonge Corridor, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (103 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes get rented?
            You may expect 217 to 265 properties like that to be sold in Church-Yonge Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 80% inventory increase comparing to the average annual number, which is equvalent to 134.17 properties sold per month, and 45% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 5 days, which is 22 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 5% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.25% below its asking price in Church-Yonge Corridor.
            The selling to asking price ratio is declining in Church-Yonge Corridor.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4957240 Comparative Market Analysis

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