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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# E4630604

            $2,300
            2+1br 2ba 900-999sf

            Water

            N

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            48

            TransitScore

            0

            Compare$2,238

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

            RE/MAX CROSSROADS REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# E4630604 Listing Details
            Among all comparable properties rented in condo located at 1215 Bayly Street in Bay Ridges in Pickering from Jan 2017 to Nov 2019, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,159

            Maximum Rent Adjusted was:

            $2,316

            AIDA's ESTIMATE (based on 2 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 ($2,300) 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 2 comparable properties rented out in condo located at 1215 Bayly Street in Bay Ridges in Pickering from Jan 2017 to Nov 2019

            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
            2017-06-17***10041215 Bayly StS900-9992+1 • 21.0$2,10010.3%***
            2018-12-30***9041215 Bayly StSe900-9992+1 • 21.0$2,200-1.86%***

            Bay Ridges, Pickering Sales History More

            Bay Ridges, Pickering: Overall Sales Statistics for Condos
            Neighborhood Sales Statistics
            Neighborhood Rent Statistics
            Bay Ridges, Pickering: Detailed Sales & Rent Statistics for Condos
            804 1215 Bayly Street Property & Location AIDA Analytics
            Listing Details

            General:

            804 1215 Bayly Street is a condo apt apartment, located in Bay Ridges of city of Pickering, Durham region, near Bayly And Liverpool, and has been available for lease on ITRealty since 2019-11-09. This unit is located at level 8 of the building and has South-East exposure of Bayly St.

            Lot Size and Living Area:

            804 1215 Bayly Street has 6+0 rooms in total, including 2+1 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 900-999 square feet. 1215 Bayly Street building is appriximately New years old.
            1.0 parking space(s) are owned and located undergrnd at level Level A . The locker is owned. A ensuite laundry is available at this condo &(type).

            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: Modern/Renovated/Well Maintained.

            Price & Cost Details

            General:

            804 1215 Bayly Street condo apt is listed for $2,300.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,238.
            Visit a customized Comparative Market Analysis page for more details.

            Location Details

            General:

            Bay Ridges, where 1215 Bayly Street is located, has $541,423 Home Price Index, and $1,982 Home Rent Index. Average household income at dissemination area of 1215 Bayly Street is $71,509, and average polulation age is 41 years old.
            Average Home Price Index among 13 evaluated neighborhoods in city of Pickering is $768,643, and average Home Rent Index $2,038.

            Similar Properties & Community Details:

            There are similar to 804 1215 Bayly Street 2 bedr condo apt condos listed For Sale and For Rent in city of Pickering.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1215 Bayly Street.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Ridges neighborhood in city of Pickering.

            Walkscore, and Bikescore:

            With Walkscore, and Bikescore of 48, and 34 accordingly, location of 1215 Bayly Street overall can be described as Car-Dependent, and Somewhat Bikeable.

            Bay Ridges, Pickering AIDA Analytics
            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 Pickering 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 (26 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 3 to 4 properties like that to be sold in Bay Ridges during the next 30 days.
            Seasonal sales fluctuation is showing -6% inventory decline comparing to the average annual number, which is equvalent to 3.92 properties sold per month, and 0% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 8 days, which is 4 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -24% D.O.M. decrease comparing to the average annual number, which is equvalent to 15 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 1.11% below its asking price in Bay Ridges.
            The selling to asking price ratio is declining in Bay Ridges.
            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 E4630604 Comparative Market Analysis

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