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            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# W4995624

            $2,480
            2br 2ba 800-899sf

            Water

            Y

            Heating

            N

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            40

            TransitScore

            64

            Compare$2,490

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

            TONY K REAL ESTATE, BROKERAGE

            Learn more about this property:
            MLS# W4995624 Listing Details
            Among all comparable properties rented in condo located at 16 Brookers Lane in Mimico in Toronto from Jan 2017 to Dec 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,228

            Maximum Rent Adjusted was:

            $2,623

            AIDA's ESTIMATE (based on 12 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 ($2,480) 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 12 comparable properties rented out in condo located at 16 Brookers Lane in Mimico in Toronto from Jan 2017 to Dec 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
            2017-01-22***180416 Brookers LaneE800-8992+0 • 21.0$2,1006.09%***
            2017-03-21***360316 Brookers LaneNe800-8992+0 • 21.0$2,25012.82%***
            2017-04-20***270416 Brookers LaneSe800-8992+0 • 21.0$2,10014.04%***
            2017-04-23***340116 Brookers LaneNw800-8992+0 • 21.0$2,30014.04%***
            2017-06-20***350116 Brookers LaneNw800-8992+0 • 21.0$2,4008.72%***
            2018-02-24***120916 Brookers LaneSe800-8992+0 • 21.0$2,5002.25%***
            2018-05-18***350116 Brookers LaneNw800-8992+0 • 21.0$2,500-0.56%***
            2018-06-20***71116 Brookers LaneS800-8992+0 • 21.0$2,400-2.05%***
            2018-08-22***370316 Brookers LaneSe800-8992+0 • 21.0$2,550-2.05%***
            2018-08-23***80916 Brookers LaneS800-8992+0 • 21.0$2,500-2.05%***
            2018-09-10***290116 Brookers LaneNw800-8992+0 • 21.0$2,650-2.3%***
            2019-03-31***210416 Brookers LaneE800-8992+0 • 21.0$2,600-3.63%***

            Mimico, Toronto Sales History More

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

            General:

            608 16 Brookers Lane is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Lakeshore Blvd And Parklawn Rd, and has been available for lease on ITRealty since 2020-11-21. This unit is located at level 6 of the building and has South-East exposure of Brookers Lane. Condo registry office is TSCC, corporation number 2264.

            Lot Size and Living Area:

            608 16 Brookers Lane 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. 16 Brookers Lane building was built appriximately 6-10 years ago.
            1.0 parking space(s) are owned and located undergrnd at level . The locker is owned. 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 found the following features: Motivated Seller Indications, Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            608 16 Brookers Lane condo apt is listed for $2,480.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,490.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Mimico, where 16 Brookers Lane is located, has $760,872 Home Price Index, and $2,457 Home Rent Index. Average household income at dissemination area of 16 Brookers Lane is $76,823, and average polulation age is 45 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,064,393, and average Home Rent Index $2,569.

            Similar Properties & Community Details:

            There are similar to 608 16 Brookers Lane 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 16 Brookers Lane.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Mimico neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 40, 64, and 77 accordingly, location of 16 Brookers Lane overall can be described as Car-Dependent, Good Transit, and Very Bikeable.

            608 16 Brookers Lane Listings History Powered By AIDA
            Mimico, 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 (111 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 88 to 107 properties like that to be sold in Mimico during the next 30 days.
            Seasonal sales fluctuation is showing -4% inventory decline comparing to the average annual number, which is equvalent to 101.67 properties sold per month, and -18% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 11 days, which is 12 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 -7% D.O.M. decrease comparing to the average annual number, which is equvalent to 24 D.O.M., and 0% increase comparing to the last six months indicating consistent demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.51% below its asking price in Mimico.
            The selling to asking price ratio is declining in Mimico.
            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 W4995624 Comparative Market Analysis

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