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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# C4957812

            $14,100 Cashback
            $938,000
            2br 2ba 800-899sf

            Prop Tax

            $3,883

            Condo Fee

            $624

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            83

            Compare$946,733

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

            CITY PLUS REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4957812 Listing Details
            Among all comparable properties sold in condo located at 15 Merchants' Wharf in Waterfront Communities C8 in Toronto from Jan 2017 to Oct 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $939,757

            Maximum Price Adjusted was:

            $939,757

            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 ($938,000) less 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 sold in condo located at 15 Merchants' Wharf in Waterfront Communities C8 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2020-02-17***104115 Merchants WharfW800-8992+0 • 20.0$625$3,883$918,0002.37%***

            Waterfront Communities C8, Toronto Sales History More

            Waterfront Communities C8, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Waterfront Communities C8, Toronto: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            841 15 Merchants' Wharf is a condo apt apartment, located in Waterfront Communities C8 of city of Toronto, Toronto region, near Queens Quay E/Lower Sherbourne, and has been available for sale on ITRealty since 2020-10-18. This unit is located at level 8 of the building and has West exposure of Merchants' Wharf . Condo registry office is TSCC, corporation number 2640.

            Lot Size and Living Area:

            841 15 Merchants' Wharf has 5+0 rooms in total, including 2+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 800-899 square feet. 15 Merchants' Wharf building was built appriximately 0-5 years ago. The locker is owned. This condo has an ensuite laundry.

            Heating and Cooling:

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

            Listing Features:

            This condo is featuring Clear View, Lake Access, Park, Place Of Worship, Public Transit, Waterfront at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            841 15 Merchants' Wharf condo apt is listed for $938,000. Property tax for year 2019 was $3,883. And the monthly maintenance fee was $625.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $946,733.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $3,520, and total expenses, including the mortgage, property tax and maintenance, fee around $3,896, assuming $938,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 841 15 Merchants' Wharf, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $14,100 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Waterfront Communities C8, where 15 Merchants' Wharf is located, has $830,676 Home Price Index, and $2,448 Home Rent Index.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,114, and average Home Rent Index $2,581.

            Similar Properties & Community Details:

            There are similar to 841 15 Merchants' Wharf 2 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 15 Merchants' Wharf.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C8 neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 83, 95, and 98 accordingly, location of 15 Merchants' Wharf overall can be described as Very Walkable, Rider's Paradise, and Biker's Paradise.

            841 15 Merchants' Wharf Listings History Powered By AIDA
            Waterfront Communities C8, 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 (105 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 sell?
            You may expect 17 to 21 properties like that to be sold in Waterfront Communities C8 during the next 30 days.
            Seasonal sales fluctuation is showing 48% inventory increase comparing to the average annual number, which is equvalent to 12.58 properties sold per month, and 24% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 7 days, which is 9 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 -18% D.O.M. decrease comparing to the average annual number, which is equvalent to 19 D.O.M., and -12% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell very close to its asking price in Waterfront Communities C8.
            The selling to asking price ratio is growing in Waterfront Communities C8.
            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 C4957812 Comparative Market Analysis

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