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            AIDA

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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# C5083863

            New
            $1,700
            1br 1ba 500-599sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            N

            Laundry

            Ensuite

            WalkScore

            78

            TransitScore

            72

            Compare$1,650

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

            EASTIDE REALTY, BROKERAGE

            Learn more about this property:
            MLS# C5083863 Listing Details
            Among all comparable properties rented in condo located at 18 Rean Dr in Bayview Village in Toronto from Jan 2017 to Jan 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,500

            Maximum Rent Adjusted was:

            $1,792

            AIDA's ESTIMATE (based on 10 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 ($1,700) 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 10 comparable properties rented out in condo located at 18 Rean Dr in Bayview Village in Toronto from Jan 2017 to Jan 2021

            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
            2017-07-05***51118 Rean DrE500-5991+0 • 10.0$1,5503%***
            2017-10-10***32218 Rean DrS500-5991+0 • 10.0$1,800-2.25%***
            2017-11-18***31118 Rean DrE500-5991+0 • 10.0$1,550-3.25%***
            2018-01-27***21118 Rean DrE500-5991+0 • 10.0$1,650-3.77%***
            2018-09-21***32218 Rean DrS500-5991+0 • 10.0$1,850-10.03%***
            2019-05-09***42018 Rean DriveS500-5991+0 • 10.0$2,050-12.88%***
            2019-11-19***42218 Rean DriveS500-5991+0 • 10.0$2,150-16.63%***
            2019-11-24***32218 Rean DriveS500-5991+0 • 10.0$1,900-16.63%***
            2020-05-30***42018 Rean DriveS500-5991+0 • 10.0$1,850-13.31%***
            2020-06-15***52118 Rean DriveS500-5991+0 • 10.0$1,850-12.63%***

            Bayview Village, Toronto Sales History More

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

            General:

            507 18 Rean Dr is a condo apt apartment, located in Bayview Village of city of Toronto, Toronto region, near Bayview & Sheppard, and has been available for lease on ITRealty since 2021-01-14. This unit is located at level 5 of the building and has North exposure of Rean Dr. Condo registry office is TSCC, corporation number 2377.

            Lot Size and Living Area:

            507 18 Rean Dr has 4+0 rooms in total, including 1+0 bedroms, 1 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 500-599 square feet. The locker is owned. And there is a ensuite laundry 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:

            This condo is featuring Clear View, Library, Park, Public Transit at, or near the property.

            Price & Cost Overview

            General:

            507 18 Rean Dr condo apt is listed for $1,700.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,650.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Bayview Village, where 18 Rean Dr is located, has $845,468 Home Price Index, and $2,235 Home Rent Index.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,062,997, and average Home Rent Index $2,544.

            Similar Properties & Community Details:

            There are similar to 507 18 Rean Dr 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 18 Rean Dr.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bayview Village neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 78, 72, and 50 accordingly, location of 18 Rean Dr overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            507 18 Rean Dr Listings History Powered By AIDA
            Bayview Village, 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 (48 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 46 to 56 properties like that to be sold in Bayview Village during the next 30 days.
            Seasonal sales fluctuation is showing 31% inventory increase comparing to the average annual number, which is equvalent to 38.67 properties sold per month, and 1% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 2 days, which is 24 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 12% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 6% 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 1.64% below its asking price in Bayview Village.
            The selling to asking price ratio is declining in Bayview Village.
            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 C5083863 Comparative Market Analysis

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