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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# W4914304

            $2,600
            2br 2ba 1000-1199sf

            Water

            Y

            Heating

            Y

            Hydro

            Y

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            20

            TransitScore

            65

            Compare$2,561

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

            SUTTON GROUP QUANTUM REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# W4914304 Listing Details
            Among all comparable properties rented in condo located at 270 Scarlett Road in Rockcliffe-Smythe in Toronto 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:

            $2,461

            Maximum Rent Adjusted was:

            $2,660

            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 ($2,600) 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 2 comparable properties rented out in condo located at 270 Scarlett Road in Rockcliffe-Smythe in Toronto 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
            2018-02-22***1603270 Scarlett RdNe1000-11992+1 • 21.0$2,3504.73%***
            2018-08-27***1512270 Scarlett RdNe1000-11992+0 • 21.0$2,5006.38%***

            Rockcliffe-Smythe, Toronto Sales History More

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

            General:

            1512 270 Scarlett Road is a condo apt apartment, located in Rockcliffe-Smythe of city of Toronto, Toronto region, near Scarlett Rd & Edenbridge Dr, and has been available for lease on ITRealty since 2020-09-16. This unit is located at level 15 of the building and has North-East exposure of Scarlett Rd. Condo registry office is YCC, corporation number 394.

            Lot Size and Living Area:

            1512 270 Scarlett Road has 8+0 rooms in total, including 2+0 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. 270 Scarlett Road building was built appriximately 31-50 years ago.
            1.0 parking space(s) are exclusive and located undergrnd at level P1 - #102 . 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 Clear View, Golf, Park, Public Transit, River/Stream, Wooded/Treed at, or near the property.
            AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Open Concept.

            Price & Cost Overview

            General:

            1512 270 Scarlett Road condo apt is listed for $2,600.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,561.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Rockcliffe-Smythe, where 270 Scarlett Road is located, has $784,742 Home Price Index, and $2,193 Home Rent Index. Average household income at dissemination area of 270 Scarlett Road is $57,060, and average polulation age is 57 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,041,175, and average Home Rent Index $2,586.

            Similar Properties & Community Details:

            There are similar to 1512 270 Scarlett Road 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 270 Scarlett Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Rockcliffe-Smythe neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 20, 65, and 67 accordingly, location of 270 Scarlett Road overall can be described as Car-Dependent, Good Transit, and Bikeable.

            1512 270 Scarlett Road Listings History Powered By AIDA
            Rockcliffe-smythe, 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 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 (97 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 1 to 2 properties like that to be sold in Rockcliffe-Smythe during the next 30 days.
            Seasonal sales fluctuation is showing -25% inventory decline comparing to the average annual number, which is equvalent to 1.33 properties sold per month, and -25% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 14 days, which is 10 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -27% D.O.M. decrease comparing to the average annual number, which is equvalent to 32 D.O.M., and -19% decrease comparing to the last six months indicating 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 Rockcliffe-Smythe.
            The selling to asking price ratio is growing in Rockcliffe-Smythe.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4914304 Comparative Market Analysis

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