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            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# W5109604

            $2,200
            2br 1ba 800-899sf

            Water

            Y

            Heating

            Y

            Hydro

            Y

            Parking

            Y

            Laundry

            Coin Operated

            WalkScore

            64

            TransitScore

            60

            Compare$2,060

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

            HOMELIFE/FUTURE REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# W5109604 Listing Details
            Among all comparable properties rented in condo located at 3501 Glen Erin Drive in Erin Mills in Mississauga from Jan 2018 to Feb 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $3,010

            Maximum Rent Adjusted was:

            $3,010

            AIDA's ESTIMATE (based on 1 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 ($2,200) 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 1 comparable properties rented out in condo located at 3501 Glen Erin Drive in Erin Mills in Mississauga from Jan 2018 to Feb 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
            2019-03-11***11053501 Glen Erin DrSw800-8992+0 • 11.0$1,95054.37%***

            Erin Mills, Mississauga Sales History More

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

            General:

            609 3501 Glen Erin Drive is a condo apt apartment, located in Erin Mills of city of Mississauga, Peel region, near Glen Erin/ Burnhamthorpe, and has been available for lease on ITRealty since 2021-02-10. This unit is located at level 6 of the building and has North-West exposure of Glen Erin Dr. Condo registry office is PCC, corporation number 775.

            Lot Size and Living Area:

            609 3501 Glen Erin Drive has 5+0 rooms in total, including 2+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 800-899 square feet. A coin operated laundry is available at this condo &(type).

            Heating and Cooling:

            The condo heat source is Electric, the heat type is Baseboard and air-conditioning is Window Unit.

            Listing Features:

            This condo is featuring Library, Park, Place Of Worship, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Motivated Seller Indications, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            609 3501 Glen Erin Drive condo apt is listed for $2,200.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,060.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Erin Mills, where 3501 Glen Erin Drive is located, has $965,183 Home Price Index, and $2,832 Home Rent Index. Average household income at dissemination area of 3501 Glen Erin Drive is $55,296, and average polulation age is 34 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $958,300, and average Home Rent Index $2,599.

            Similar Properties & Community Details:

            There are similar to 609 3501 Glen Erin Drive 2 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 3501 Glen Erin Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Erin Mills neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 64, 60, and 56 accordingly, location of 3501 Glen Erin Drive overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

            609 3501 Glen Erin Drive Listings History Powered By AIDA
            Erin Mills, Mississauga 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 Mississauga 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 (24 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 2 to 3 properties like that to be sold in Erin Mills during the next 30 days.
            Seasonal sales fluctuation is showing 0% inventory increase comparing to the average annual number, which is equvalent to 2.33 properties sold per month, and -18% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 17 days, which is 30 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 64% D.O.M. increase comparing to the average annual number, which is equvalent to 28 D.O.M., and 33% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.5% below its asking price in Erin Mills.
            The selling to asking price ratio is declining in Erin Mills.
            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 W5109604 Comparative Market Analysis

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