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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# C4995438

            $1,999
            1+1br 1ba 600-699sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            0

            TransitScore

            0

            Compare$1,992

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

            HOMELIFE/LEADER INC., BROKERAGE

            Learn more about this property:
            MLS# C4995438 Listing Details
            Among all comparable properties rented in condo located at 2885 Bayview Avenue in Bayview Village in Toronto from Jan 2017 to Nov 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,788

            Maximum Rent Adjusted was:

            $2,317

            AIDA's ESTIMATE (based on 43 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 ($1,999) 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 43 comparable properties rented out in condo located at 2885 Bayview Avenue in Bayview Village in Toronto from Jan 2017 to Nov 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
            2017-01-16***6012885 Bayview AveE600-6991+1 • 11.0$1,7005.17%***
            2017-01-26***14052885 Bayview AveSe600-6991+0 • 11.0$1,7505.17%***
            2017-01-27***8122885 Bayview AveE600-6991+0 • 11.0$1,7505.17%***
            2017-02-17***8122885 Bayview AveE600-6991+0 • 11.0$1,7507.66%***
            2017-02-24***13012885 Bayview AveSe600-6991+1 • 11.0$1,7257.66%***
            2017-03-09***7232885 Bayview AveW600-6991+0 • 11.0$1,77510.74%***
            2017-04-10***10282885 Bayview AveE600-6991+1 • 11.0$1,90012.63%***
            2017-06-29***13232885 Bayview AveE600-6991+0 • 11.0$1,80011.11%***
            2017-06-30***4222885 Bayview AveW600-6991+1 • 11.0$1,90011.11%***
            2017-07-27***3072885 Bayview AveE600-6991+1 • 11.0$1,9009.06%***
            2017-07-28***6392885 Bayview AveE600-6991+1 • 11.0$1,9509.06%***
            2017-08-09***6102885 Bayview AveSw600-6991+0 • 11.0$1,9507.2%***
            2017-08-11***4292885 Bayview AveW600-6991+1 • 11.0$1,8507.2%***
            2017-10-04***13132885 Bayview AveW600-6991+1 • 11.0$2,0503.5%***
            2017-10-29***2102885 Bayview AveSw600-6991+0 • 11.0$1,8503.5%***
            2017-11-05***15192885 Bayview AveE600-6991+0 • 11.0$1,9502.44%***
            2018-02-06***5072885 Bayview AveE600-6991+1 • 11.0$1,9002.11%***
            2018-02-12***8122885 Bayview AveE600-6991+0 • 11.0$1,8502.11%***
            2018-03-07***11052885 Bayview AveW600-6991+0 • 11.0$1,8752.11%***
            2018-03-16***5392885 Bayview AveE600-6991+1 • 11.0$1,9002.11%***
            2018-04-09***4412885 Bayview AveE600-6991+0 • 11.0$1,9501.29%***
            2018-04-13***7092885 Bayview AveSe600-6991+0 • 11.0$1,9501.29%***
            2018-05-19***15052885 Bayview AveSe600-6991+0 • 11.0$2,0000.32%***
            2018-06-07***12152885 Bayview AveW600-6991+0 • 11.0$1,950-0.79%***
            2018-06-19***5102885 Bayview AveSw600-6991+0 • 11.0$2,300-0.79%***
            2018-06-23***4242885 Bayview AveW600-6991+0 • 11.0$1,950-0.79%***
            2018-07-03***10042885 Bayview AveE600-6991+0 • 11.0$2,000-1.92%***
            2018-07-08***12102885 Bayview AveW600-6991+0 • 11.0$1,900-1.92%***
            2018-07-22***7402885 Bayview AveE600-6991+0 • 11.0$1,950-1.92%***
            2018-07-23***13022885 Bayview Ave EE600-6991+0 • 11.0$2,075-1.92%***
            2018-08-09***15132885 Bayview Village AveW600-6991+1 • 11.0$2,400-3.47%***
            2018-08-14***4062885 Bayview AveE600-6991+0 • 11.0$2,150-3.47%***
            2018-08-17***5072885 Bayview AveE600-6991+1 • 11.0$2,100-3.47%***
            2018-09-01***5242885 Bayview AveW600-6991+0 • 11.0$1,900-4.74%***
            2018-10-10***10072885 Bayview AveS600-6991+0 • 11.0$2,200-6.25%***
            2018-10-17***4062885 Bayview AveE600-6991+0 • 11.0$2,150-6.25%***
            2018-10-31***15192885 Bayview AveE600-6991+0 • 11.0$2,150-6.25%***
            2019-02-18***14052885 Bayview AveSe600-6991+0 • 11.0$2,100-7.53%***
            2019-02-22***14162885 Bayview AveN600-6991+0 • 11.0$2,080-7.53%***
            2019-03-03***7232885 Bayview AveW600-6991+0 • 11.0$2,000-7.49%***
            2019-03-20***2102885 Bayview AveSw600-6991+0 • 11.0$1,950-7.49%***
            2019-04-03***14022885 Bayview AveE600-6991+0 • 11.0$2,250-7.67%***
            2019-04-09***2392885 Bayview AveNe600-6991+1 • 11.0$2,140-7.67%***

            Bayview Village, Toronto Sales History More

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

            General:

            639 2885 Bayview Avenue is a condo apt apartment, located in Bayview Village of city of Toronto, Toronto region, near Bayview/Sheppard, and has been available for lease on ITRealty since 2020-11-20. This unit is located at level 6 of the building and has East exposure of Bayview Ave. Condo registry office is TSCC, corporation number 2031.

            Lot Size and Living Area:

            639 2885 Bayview Avenue has 4+1 rooms in total, including 1+1 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.
            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: Open Concept, Motivated Seller Indications, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            639 2885 Bayview Avenue condo apt is listed for $1,999.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,992.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Bayview Village, where 2885 Bayview Avenue is located, has $855,363 Home Price Index, and $2,289 Home Rent Index. Average household income at dissemination area of 2885 Bayview Avenue is $60,160, and average polulation age is 37 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,837, and average Home Rent Index $2,566.

            Similar Properties & Community Details:

            There are similar to 639 2885 Bayview Avenue 1 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 2885 Bayview Avenue.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bayview Village neighborhood in city of Toronto.

            639 2885 Bayview Avenue Listings History Powered By AIDA
            Bayview Village, 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 (93 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 60 to 73 properties like that to be sold in Bayview Village during the next 30 days.
            Seasonal sales fluctuation is showing 26% inventory increase comparing to the average annual number, which is equvalent to 52.83 properties sold per month, and 17% 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 17 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 5% D.O.M. increase comparing to the average annual number, which is equvalent to 22 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.31% below its asking price in Bayview Village.
            The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in Bayview Village.
            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 C4995438 Comparative Market Analysis

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