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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# C4580942

            Price -$19001
            $1,699,999
            4+2br 4ba 2500-3000sf

            Prop Tax

            $6,119

            Lot Size

            33x120 ft

            Mortg/m

            $ calculator

            WalkScore

            68

            Compare$1,503,084

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

            SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4580942 Listing Details
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            Please try another property, or contact us for manual home price evaluation.

            Listing Overview

            General:

            23 Burke Street is a freehold detached 2-storey home, located in Newtonbrook West of city of Toronto, Toronto region, near Yonge/Finch, and has been available for sale on ITRealty since 2019-09-18. This 2-storey home is fronting on East side of Burke St.

            Lot Size and Living Area:

            23 Burke Street has 9+2 rooms in total, including 4+2 bedroms, 4 baths and 2 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and is 33.00 feet wide, and 120.00 feet deep. This home has approximately 2500-3000 square feet above the ground level plus apartment basement. This home was built appriximately 6-15 years ago.
            This home has 4 total parking spaces, including 2.0 space(s) in built-in garage. Laundry is located on upper level. Basement features: apartment and sep entrance. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            This home heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This home is featuring Park, Public Tra at, or near the property.
            AIDA has also identified the following features: Income Potential, Separate Entrance, Finished Basement, Basement Apartment, Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

            Price & Cost Overview

            General:

            23 Burke Street detached is listed for $1,699,999. Home property tax for year 2019 was $6,119.

            Comparative Market Analysis:

            There are similar 4 bedr detached homes recently sold nearby for an average Time Adjusted Selling Price of $1,503,084.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $6,379, and total expenses, including the mortgage and property tax, approximately $6,889, assuming $1,699,999 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 23 Burke Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $15,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Newtonbrook West, where 23 Burke Street is located, has $886,792 Home Price Index, and $2,663 Home Rent Index. Average household income at dissemination area of 23 Burke Street is $67,840, and average polulation age is 45 years old.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $959,923, and average Home Rent Index $2,638.

            Similar Properties & Community Details:

            Here are similar to 23 Burke Street 4 bedr detached homes listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 23 Burke Street.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Newtonbrook West neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 68, 100, and 60 accordingly, location of 23 Burke Street overall can be described as Somewhat Walkable, Rider's Paradise, and Bikeable.

            23 Burke Street Listings History Powered By AIDA
            Newtonbrook West, 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 Homes MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (46 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 4 to 5 properties like that to be sold in Newtonbrook West during the next 30 days.
            Seasonal sales fluctuation is showing 37% inventory increase comparing to the average annual number, which is equvalent to 3.17 properties sold per month, and 13% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 82 days, which is 97% longer than it takes a similar home in Newtonbrook West to sell, which is noticeably longer than recent sales average.
            Please note that asking price was reduced 7 days ago by -$19,001, which is a minor price reduction and may not generate enough interest.
            Seasonal sales fluctuation is showing 39% D.O.M. increase comparing to the average annual number, which is equvalent to 29 D.O.M., and 30% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 7.61% below its asking price in Newtonbrook West.
            The selling to asking price ratio is declining in Newtonbrook West.
            Considering the fact that this property has already been on the market for 82 days, which is -97% longer than average number of days it takes a home to sell in Newtonbrook West (41.7), but taking into account recent price drop by -$19,001, this home may get sold at or near it's new price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4580942 Comparative Market Analysis

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