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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# W4915487

            $1,950
            1br 1ba 500-599sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            58

            TransitScore

            62

            Compare$1,899

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

            RE/MAX REALTY ENTERPRISES INC., BROKERAGE

            Learn more about this property:
            MLS# W4915487 Listing Details
            Among all comparable properties rented in condo located at 220 Forum Drive in Hurontario in Mississauga from Jan 2017 to Sep 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,865

            Maximum Rent Adjusted was:

            $1,936

            AIDA's ESTIMATE (based on 4 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 ($1,950) 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 4 comparable properties rented out in condo located at 220 Forum Drive in Hurontario in Mississauga from Jan 2017 to Sep 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
            2017-11-08***408220 Forum DrNw500-5991+0 • 11.0$1,66516.3%***
            2018-04-10***706220 Forum DrNw500-5991+0 • 11.0$1,70011.54%***
            2018-10-26***1206220 Forum DrNw500-5991+0 • 11.0$1,8003.59%***
            2018-12-09***1106220 Forum DrW500-5991+0 • 11.0$1,8502.79%***

            Hurontario, Mississauga Sales History More

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

            General:

            606 220 Forum Drive is a condo apt apartment, located in Hurontario of city of Mississauga, Peel region, near Hwy 10/Eglinton, and has been available for lease on ITRealty since 2020-09-17. This unit is located at level 06 of the building and has North-East exposure of Forum Dr. Condo registry office is PSCC, corporation number 843.

            Lot Size and Living Area:

            606 220 Forum Drive 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. 220 Forum Drive building was built appriximately 11-15 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:

            This condo is featuring Arts Centre, Library, Park, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Swimming Pool, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            606 220 Forum Drive condo apt is listed for $1,950.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,899.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Hurontario, where 220 Forum Drive is located, has $706,643 Home Price Index, and $2,479 Home Rent Index. Average household income at dissemination area of 220 Forum Drive is $84,736, and average polulation age is 39 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $913,761, and average Home Rent Index $2,616.

            Similar Properties & Community Details:

            There are similar to 606 220 Forum Drive 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 Forum Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Hurontario neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 58, 62, and 57 accordingly, location of 220 Forum Drive overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

            606 220 Forum Drive Listings History Powered By AIDA
            Hurontario, 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 (71 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 19 to 23 properties like that to be sold in Hurontario during the next 30 days.
            Seasonal sales fluctuation is showing 59% inventory increase comparing to the average annual number, which is equvalent to 13.17 properties sold per month, and 27% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 9 days, which is 10 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 9% D.O.M. increase comparing to the average annual number, which is equvalent to 17 D.O.M., and -3% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in Hurontario.
            The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Hurontario.
            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 W4915487 Comparative Market Analysis

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