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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# N4577191

            Sld Asked $748,800
            $XXX,XXX
            3br 3ba 1600-1799sf

            Prop Tax

            $X,XXX

            Condo Fee

            $XXX

            Exposure

            Ew

            Mortg/m

            $ calculator

            WalkScore

            76

            Compare$607,706

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

            RE/MAX HALLMARK REALTY LTD., BROKERAGE

            Learn more about this property:
            MLS# N4577191 Listing Details
            Among all comparable properties sold in condo located at 23 Observatory Lane in Observatory in Richmond Hill from Jan 2017 to Jan 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $639,766

            Maximum Price Adjusted was:

            $932,535

            AIDA's ESTIMATE (based on 3 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 ($748,800) 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 3 comparable properties sold in condo located at 23 Observatory Lane in Observatory in Richmond Hill from Jan 2017 to Jan 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressDist/metersExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2018-07-25***10123 Observatory Lane17Ew1600-17993+0 • 31.0$250$3,276$680,00031.79%***
            2018-10-20***3823 Observatory Lane17S1600-17993+0 • 31.0$216$3,341$683,000-6.33%***
            2019-03-03***21023 Observatory Lane17S1600-17993+1 • 31.0$210$3,470$765,00021.9%***

            Observatory, Richmond Hill Sales History More

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

            General:

            110 23 Observatory Lane is a condo townhouse 3-storey, located in Observatory of city of Richmond Hill, York region, near Yonge/16th Avenue, and has been available for sale on ITRealty since 2019-09-14. This unit is located at level 1 of the building and has exposure of Observatory Lane. Condo registry office is YRCC, corporation number 929.

            Lot Size and Living Area:

            110 23 Observatory Lane has 7+0 rooms in total, including 3+0 bedroms, 3 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living areae of this condo unit is within the range of 1600-1799 square feet above the ground plus part bsmt basement.
            1.0 parking space(s) are owned and located private at level . This condo has an ensuite laundry. The basement is part bsmt.

            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 Library, Park, Place Of Worship, Public Transit, School at, or near the property.
            AIDA has also found the following possible sellers motivation indicators: Flexible Possession.

            Price & Cost Overview

            General:

            110 23 Observatory Lane condo townhouse was listed for $748,800. Property tax for year 2019 was $3,356. And the monthly maintenance fee was $250.

            Comparative Market Analysis:

            There are similar 3+0 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $607,706.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Monthly mortgage payments, assuming $715,500 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization, will be $2,685, and total expenses, including the mortgage, property tax and maintenance, fee around $3,142.
            Use our Mortgage and Investment Calculator, customized especially for 110 23 Observatory Lane, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You could have received a $3,578 Buyer Cashback if you bought this condo townhouse with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Observatory, where 23 Observatory Lane is located, has $669,459 Home Price Index, and $2,202 Home Rent Index. Average household income at dissemination area of 23 Observatory Lane is $33,621, and average polulation age is 41 years old.
            Average Home Price Index among 16 evaluated neighborhoods in city of Richmond Hill is $1,022,210, and average Home Rent Index $2,496.

            Similar Properties & Community Details:

            There are similar to 110 23 Observatory Lane 3 bedr condo townhouse condos listed For Sale and For Rent in city of Richmond Hill.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 23 Observatory Lane.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Observatory neighborhood in city of Richmond Hill.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 76, 54, and 50 accordingly, location of 23 Observatory Lane overall can be described as Very Walkable, Good Transit, and Bikeable.

            110 23 Observatory Lane Listings History Powered By AIDA

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