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            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# N5083743

            1br 1ba 600-699sf
















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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# N5083743 Listing Details
            Among all comparable properties rented in condo located at 277 South Park Rd in Commerce Valley in Markham from Jan 2017 to Jan 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:


            Maximum Rent Adjusted was:


            AIDA's ESTIMATE (based on 22 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:


            Which makes the Asking Price ($1,700) less than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 22 comparable properties rented out in condo located at 277 South Park Rd in Commerce Valley in Markham from Jan 2017 to Jan 2021

            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
            2017-01-09***610277 South Park RdS600-6991+1 • 11.0$1,5256.8%***
            2017-04-13***1220277 South Park RdN600-6991+0 • 11.0$1,50011.97%***
            2017-06-02***1210277 South Park RdS600-6991+1 • 11.0$1,65010.9%***
            2017-06-13***1219277 South Park RdN600-6991+1 • 11.0$1,65010.9%***
            2017-06-30***1101277 South Park RdN600-6991+1 • 11.0$1,68010.9%***
            2017-08-16***1220277 South Park RdN600-6991+0 • 11.0$1,6008.74%***
            2017-08-22***801277 South Park RdN600-6991+1 • 11.0$1,7258.74%***
            2017-08-31***719277 South Park RdNe600-6991+1 • 11.0$1,7508.74%***
            2017-09-27***1215277 South Park RdS600-6991+1 • 11.0$1,7506.59%***
            2017-12-12***501277 South Park RdN600-6991+1 • 11.0$1,7001.29%***
            2017-12-28***619277 South Park RdNe600-6991+1 • 11.0$1,7901.29%***
            2018-01-19***109277 South Park RdS600-6991+1 • 11.0$1,6001.76%***
            2018-03-23***812277 South Park RdS600-6991+1 • 11.0$1,7501.88%***
            2018-04-13***1201277 South Park RdN600-6991+1 • 11.0$1,7501.94%***
            2018-05-29***1211277 South Park RdS600-6991+1 • 11.0$1,8001.65%***
            2018-06-13***118277 South Park RdN600-6991+1 • 11.0$1,7801.17%***
            2018-06-14***809277 South Park RdS600-6991+1 • 11.0$1,8101.17%***
            2018-08-26***Rg1277 South Park RdN600-6991+1 • 11.0$1,9000.52%***
            2018-09-03***612277 South Park RdS600-6991+1 • 11.0$1,800-0.8%***
            2018-09-13***701277 South Park RdN600-6991+1 • 11.0$1,850-0.8%***
            2019-02-18***1215277 South Park RdS600-6991+1 • 11.0$1,900-4.26%***
            2019-03-25***710277 South Park RdS600-6991+1 • 11.0$1,950-5.05%***

            Commerce Valley, Markham Sales History More

            Commerce Valley, Markham: Overall Sales Statistics for Condos
            Powered by AIDA © (
            Neighborhood Sales Statistics
            Powered by AIDA © (
            Neighborhood Rent Statistics
            Commerce Valley, Markham: Detailed Sales & Rent Statistics for Condos
            Listing Overview


            321 277 South Park Rd is a condo apt apartment, located in Commerce Valley of city of Markham, York region, near Hwy7/Leslie, and has been available for lease on ITRealty since 2021-01-14. This unit is located at level 3 of the building and has North exposure of South Park Rd. Condo registry office is YRSC, corporation number 1239.

            Lot Size and Living Area:

            321 277 South Park Rd 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 600-699 square feet. 277 South Park Rd building is appriximately New years old.
            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:

            AIDA has also found the following features: Motivated Seller Indications, Swimming Pool, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview


            321 277 South Park Rd condo apt is listed for $1,700.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,800.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview


            Commerce Valley, where 277 South Park Rd is located, has $617,101 Home Price Index, and $2,163 Home Rent Index. Average household income at dissemination area of 277 South Park Rd is $50,995, and average polulation age is 43 years old.
            Average Home Price Index among 32 evaluated neighborhoods in city of Markham is $1,141,046, and average Home Rent Index $2,518.

            Similar Properties & Community Details:

            There are similar to 321 277 South Park Rd 1 bedr condo apt condos listed For Sale and For Rent in city of Markham.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 277 South Park Rd.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Commerce Valley neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 46, 46, and 49 accordingly, location of 277 South Park Rd overall can be described as Car-Dependent, Some Transit, and Somewhat Bikeable.

            321 277 South Park Rd Listings History Powered By AIDA
            Commerce Valley, Markham Sales & Rent History Powered by AIDA

            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 Markham 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 (37 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 10 to 12 properties like that to be sold in Commerce Valley during the next 30 days.
            Seasonal sales fluctuation is showing 43% inventory increase comparing to the average annual number, which is equvalent to 7.92 properties sold per month, and 13% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 6 days, which is 21 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. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.19% below its asking price in Commerce Valley.
            The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in Commerce Valley.
            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 N5083743 Comparative Market Analysis

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