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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# C4768171

            $518,000
            1br 1ba 500-599sf

            Prop Tax

            $1,758

            Condo Fee

            $363

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            78

            Compare$475,341

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

            REALTY 7 LTD., BROKERAGE

            Learn more about this property:
            MLS# C4768171 Listing Details
            Among all comparable properties sold in condo located at 18 Rean Dr in Bayview Village in Toronto from Jan 2017 to May 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $475,341

            Maximum Price Adjusted was:

            $475,341

            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 ($518,000) 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 1 comparable properties sold in condo located at 18 Rean Dr in Bayview Village in Toronto from Jan 2017 to May 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
            2017-06-29***32218 Rean DrS500-5991+0 • 10.0$349$1,893$363,80030.66%***

            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:

            322 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 sale on ITRealty since 2020-05-23. This unit is located at level 3 of the building and has South exposure of Rean Dr. Condo registry office is TSCC, corporation number 2377.

            Lot Size and Living Area:

            322 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. 18 Rean Dr building was built appriximately 6-10 years ago.
            0.0 parking space(s) are and located undergrnd at level . The locker is exclusiv. An ensuite laundry is available at the unit.

            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 Park, Public Transit, Rec Centre at, or near the property.
            AIDA has also found the following features: Open Concept, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            322 18 Rean Dr condo apt is listed for $518,000. Property tax for year 2020 was $1,758. And the monthly maintenance fee was $363.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $475,341.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,944, and total expenses, including the mortgage, property tax and maintenance, fee around $2,121, assuming $518,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 322 18 Rean Dr, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Location Overview

            General:

            Bayview Village, where 18 Rean Dr is located, has $793,393 Home Price Index, and $2,387 Home Rent Index. Average household income at dissemination area of 18 Rean Dr is $62,144, and average polulation age is 47 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $991,415, and average Home Rent Index $2,648.

            Similar Properties & Community Details:

            There are similar to 322 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 52 accordingly, location of 18 Rean Dr overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            322 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 Balanced market. Existing inventory is enough for 4-6 months sales supply (130 days).
            Sellers are often ready to negotiate the price, but it is harder to sell your property.
            Sell first, buy next is a possible strategy, unless you find a home of your dreams first.
            How often similar homes sell?
            You may expect 15 to 19 properties like that to be sold in Bayview Village during the next 30 days.
            Seasonal sales fluctuation is showing -38% inventory decline comparing to the average annual number, which is equvalent to 27.25 properties sold per month, and -21% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 6 days, which is 3 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 -46% D.O.M. decrease comparing to the average annual number, which is equvalent to 17 D.O.M., and -38% 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 7.94% above its asking price in Bayview Village.
            The selling to asking price ratio is growing in Bayview Village.
            This property has been on the market for less than average number of days it takes a home to sell in Bayview Village (9.2) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4768171 Comparative Market Analysis

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