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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# W4630625

            $5,500 Cashback
            $545,000
            2+1br 2ba 1000-1199sf

            Prop Tax

            $2,508

            Condo Fee

            $583

            Exposure

            E

            Mortg/m

            $ calculator

            WalkScore

            67

            Compare$559,962

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

            SUNBELLE REALTY LTD., BROKERAGE

            Learn more about this property:
            MLS# W4630625 Listing Details
            Among all comparable properties sold in condo located at 220 Forum Drive in Hurontario in Mississauga from Jan 2017 to Nov 2019, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $536,920

            Maximum Price Adjusted was:

            $577,305

            AIDA's ESTIMATE (based on 2 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 ($545,000) 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 2 comparable properties sold in condo located at 220 Forum Drive in Hurontario in Mississauga from Jan 2017 to Nov 2019

            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
            2017-05-02***513220 Forum Dr SS1000-11992+1 • 21.0$553$2,737$433,00024%***
            2018-01-25***601220 Forum DrNe1000-11992+1 • 21.0$553$2,633$450,00028.29%***

            Hurontario, Mississauga Sales History More

            Hurontario, Mississauga: Overall Sales Statistics for Condos
            Neighborhood Sales Statistics
            Neighborhood Rent Statistics
            Hurontario, Mississauga: Detailed Sales & Rent Statistics for Condos
            913 220 Forum Drive Property & Location AIDA Analytics
            Listing Details

            General:

            913 220 Forum Drive is a condo apt apartment, located in Hurontario of city of Mississauga, Peel region, near Eglinton/Hurontario, and has been available for sale on ITRealty since 2019-11-09. This unit is located at level 9 of the building and has East exposure of Forum Dr. Condo registry office is PSCP, corporation number 843.

            Lot Size and Living Area:

            913 220 Forum Drive has 6+1 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. 220 Forum Drive building was built appriximately 11-15 years ago.
            1.0 parking space(s) are owned and located undergrnd at level B . 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 Clear View, Hospital, Park, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Details

            General:

            913 220 Forum Drive condo apt is listed for $545,000. Property tax for year 2019 was $2,509. And the monthly maintenance fee was $584.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $559,962.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,045, and total expenses, including the mortgage, property tax and maintenance, fee around $2,303, assuming $545,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 913 220 Forum Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $5,500 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Details

            General:

            Hurontario, where 220 Forum Drive is located, has $648,601 Home Price Index, and $2,420 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 $822,562, and average Home Rent Index $2,577.

            Similar Properties & Community Details:

            There are similar to 913 220 Forum Drive 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 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 67, 64, and 57 accordingly, location of 220 Forum Drive overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

            Hurontario, Mississauga AIDA Analytics
            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 (28 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 29 to 36 properties like that to be sold in Hurontario during the next 30 days.
            Seasonal sales fluctuation is showing 19% inventory increase comparing to the average annual number, which is equvalent to 27.25 properties sold per month, and -11% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 8 days, which is 11 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 -4% D.O.M. decrease comparing to the average annual number, which is equvalent to 19 D.O.M., and 1% increase comparing to the last six months indicating slightly declining demand for this type of property 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 declining 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 W4630625 Comparative Market Analysis

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