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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# W4595156

            Price -$745
            $4,250
            2+1br 2ba 1000-1199sf

            Water

            Heating

            Hydro

            Parking

            Laundry

            Ensuite

            WalkScore

            49

            TransitScore

            56

            Compare$4,988

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

            KELLER WILLIAMS REAL ESTATE ASSOCIATES, BROKERAGE

            Learn more about this property:
            MLS# W4595156 Listing Details
            Among all comparable properties rented in condo located at 1665 The Collegeway in Erin Mills in Mississauga from Jan 2017 to Jul 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $4,988

            Maximum Rent Adjusted was:

            $4,988

            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 ($4,250) 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 rented out in condo located at 1665 The Collegeway in Erin Mills in Mississauga from Jan 2017 to Jul 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
            2018-05-18***16091665 The CollegewayN1000-11992+1 • 21.0$5,000-0.24%***

            Erin Mills, Mississauga Sales History More

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

            General:

            1902 1665 The Collegeway is a condo apt apartment, located in Erin Mills of city of Mississauga, Peel region, near Mississauga Rd/The Collegeway, and has been available for lease on ITRealty since 2019-10-02. This unit is located at level 18 of the building and has North-West exposure of The Collegeway . Condo registry office is PSCC, corporation number 901.

            Lot Size and Living Area:

            1902 1665 The Collegeway has 5+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 1000-1199 square feet. 1665 The Collegeway building was built appriximately 6-10 years ago. The locker is owned. A ensuite laundry is available at this condo &(type).

            Heating and Cooling:

            The condo heat source is Electric, the heat type is Heat Pump and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Clear View, Grnbelt/Conserv, Hospital, Place Of Worship, Public Transit at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, Open Concept, Retirement Property Type, Price Change, AIDA Recommended, and possible sellers motivation indicators such as Reduced Asking Price, Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            1902 1665 The Collegeway condo apt is listed for $4,250.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $4,988.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Erin Mills, where 1665 The Collegeway is located, has $814,455 Home Price Index, and $2,623 Home Rent Index. Average household income at dissemination area of 1665 The Collegeway is $82,859, and average polulation age is 59 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $874,192, and average Home Rent Index $2,622.

            Similar Properties & Community Details:

            There are similar to 1902 1665 The Collegeway 2 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1665 The Collegeway.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Erin Mills neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 49, 56, and 56 accordingly, location of 1665 The Collegeway overall can be described as Car-Dependent, Good Transit, and Bikeable.

            1902 1665 The Collegeway Listings History Powered By AIDA
            Mississauga 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 Mississauga 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 (55 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 5 to 6 properties like that to be sold in Erin Mills during the next 30 days.
            Seasonal sales fluctuation is showing -29% inventory decline comparing to the average annual number, which is equvalent to 7.5 properties sold per month, and -3% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 287 days, which is 1578% longer than it takes a similar home in Erin Mills to sell, which is more than as twice as long as it takes a similar home in Erin Mills to sell.
            Please note that asking price was reduced 217 days ago by -$745, but still did not trigger the sale yet.
            Seasonal sales fluctuation is showing -21% D.O.M. decrease comparing to the average annual number, which is equvalent to 21 D.O.M., and -28% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 4.02% below its asking price in Erin Mills.
            The selling to asking price ratio is declining in Erin Mills.
            Considering the fact that this property has already been on the market for 287 days, which is -1578% longer than average number of days it takes a home to sell in Erin Mills (17.1), but taking into account recent price drop by -$745, this home may get sold at or near it's new price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4595156 Comparative Market Analysis

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