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            Comparative Market Analysis for MLS# W4995283

            $9,000 Cashback
            1+2br 2ba 700-799sf

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            MLS# W4995283 Listing Details
            Among all comparable properties sold in condo located at 220 Burnhamthorpe Road in City Centre in Mississauga from Jan 2017 to Dec 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:


            Maximum Price Adjusted was:


            AIDA's ESTIMATE (based on 14 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:


            Which makes the Asking Price ($598,888) more than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 14 comparable properties sold in condo located at 220 Burnhamthorpe Road in City Centre in Mississauga 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2017-02-24***2504220 Burnhamthorpe Rd WSe700-7991+1 • 21.0$512$2,492$402,00046.67%***
            2017-05-25***2004220 Burnhamthorpe Rd WSe700-7991+1 • 21.0$528$2,366$385,00036.38%***
            2017-06-05***701220 Burnhamthorpe Rd WNe700-7991+2 • 21.0$526$2,369$402,00033.31%***
            2017-06-21***2907220 Burnhamthorpe RdNw700-7991+1 • 21.0$528$2,544$400,00033.31%***
            2017-06-22***2210220 Burnhamthorpe Rd WNw700-7991+1 • 21.0$463$2,210$384,00033.31%***
            2017-07-21***2104220 Burnhamthorpe Rd WSe700-7991+1 • 21.0$528$2,455$396,00032.64%***
            2017-07-28***919220 Burnhamthorpe Rd WNw700-7991+1 • 21.0$510$2,302$385,00032.64%***
            2017-10-02***1201220 Burnhamthorpe Rd WN700-7991+1 • 21.0$478$2,183$372,00035.32%***
            2017-12-15***601220 Burnhamthorpe Rd WNe700-7991+2 • 21.0$520$2,300$393,00033.5%***
            2017-12-31***2208220 Burnhamthorpe Rd WNw700-7991+1 • 21.0$467$2,278$385,00033.5%***
            2018-03-15***2903220 Burnhamthorpe Rd WSe700-7991+1 • 21.0$463$2,340$395,00028.29%***
            2018-03-26***1603220 Burnhamthorpe Rd WSe700-7991+1 • 21.0$483$2,244$407,00028.29%***
            2018-08-29***2508220 Burnhamthorpe Rd WNw700-7991+1 • 21.0$487$2,295$410,00021.17%***
            2018-10-26***801220 Burnhamthorpe Rd WN700-7991+2 • 21.0$531$2,389$421,00021.67%***

            City Centre, Mississauga Sales History More

            City Centre, Mississauga: Overall Sales Statistics for Condos
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            Neighborhood Sales Statistics
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            Neighborhood Rent Statistics
            City Centre, Mississauga: Detailed Sales & Rent Statistics for Condos
            1004 220 Burnhamthorpe Road Property & Location Overview Powered by AIDA
            Listing Overview


            1004 220 Burnhamthorpe Road is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe / Hurontario, and has been available for sale on ITRealty since 2020-11-20. This unit is located at level 11 of the building and has North exposure of Burnhamthorpe Rd. Condo registry office is P.C., corporation number 766.

            Lot Size and Living Area:

            1004 220 Burnhamthorpe Road has 5+0 rooms in total, including 1+2 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 700-799 square feet. 220 Burnhamthorpe Road building was built appriximately 11-15 years ago.
            1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. An ensuite laundry is available at the unit. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            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 Arts Centre, Clear View, Library, Park, Public Transit, School at, or near the property.
            AIDA has also identified the following listing features: Modern/Renovated/Well Maintained.

            Price & Cost Overview


            1004 220 Burnhamthorpe Road condo apt is listed for $598,888. Property tax for year 2020 was $2,350. And the monthly maintenance fee was $531.

            Comparative Market Analysis:

            There are similar 1+2 bedr condo apt recently sold for an average Time Adjusted Selling Price of $522,256.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,247, and total expenses, including the mortgage, property tax and maintenance, fee around $2,487, assuming $598,888 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1004 220 Burnhamthorpe Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,000 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview


            City Centre, where 220 Burnhamthorpe Road is located, has $537,870 Home Price Index, and $2,256 Home Rent Index. Average household income at dissemination area of 220 Burnhamthorpe Road is $66,560, and average polulation age is 38 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $939,792, and average Home Rent Index $2,606.

            Similar Properties & Community Details:

            There are similar to 1004 220 Burnhamthorpe Road 1 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 220 Burnhamthorpe Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 75, 80, and 66 accordingly, location of 220 Burnhamthorpe Road overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            1004 220 Burnhamthorpe Road Listings History Powered By AIDA
            City Centre, Mississauga Sales & Rent History Powered by AIDA

            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 (65 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 53 to 65 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 16% inventory increase comparing to the average annual number, which is equvalent to 50.42 properties sold per month, and -0% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 12 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 27% D.O.M. increase comparing to the average annual number, which is equvalent to 18 D.O.M., and 10% 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 1.56% below its asking price in City Centre.
            The selling to asking price ratio is declining in City Centre.
            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 W4995283 Comparative Market Analysis

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