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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# W4693147

            Sold Cnd
            $429,900
            3br 2ba 1200-1399sf

            Prop Tax

            $1,345

            Condo Fee

            $633

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            62

            Compare$411,672

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

            CENTURY 21 SMARTWAY REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# W4693147 Listing Details
            Among all comparable properties sold in condo located at 3577 Derry Road in Northeast in Mississauga from Jan 2017 to Feb 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $403,613

            Maximum Price Adjusted was:

            $419,730

            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 ($429,900) 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 sold in condo located at 3577 Derry Road in Northeast in Mississauga from Jan 2017 to Feb 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2018-08-16***9093577 Derry Rd ES1200-13993+0 • 21.0$636$1,400$324,50024.38%***
            2019-03-27***4043577 Derry Rd ENe1200-13993+0 • 21.0$634$1,334$365,30014.9%***

            Northeast, Mississauga Sales History More

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

            General:

            904 3577 Derry Road is a condo apt apartment, located in Northeast of city of Mississauga, Peel region, near Derry Rd/ Goreway Dr, and has been available for sale on ITRealty since 2020-02-15. This unit is located at level 9 of the building and has South-West exposure of Derry Rd. Condo registry office is PCC, corporation number 30.

            Lot Size and Living Area:

            904 3577 Derry Road has 6+0 rooms in total, including 3+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 1200-1399 square feet.
            1.0 parking space(s) are owned and located undergrnd at level . An ensuite laundry is available at the unit.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Window Unit.

            Listing Features:


            AIDA has also found the following possible sellers motivation indicators: Flexible Possession.

            Price & Cost Overview

            General:

            904 3577 Derry Road condo apt is listed for $429,900. Property tax for year 2019 was $1,345. And the monthly maintenance fee was $634.

            Comparative Market Analysis:

            There are similar 3+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $411,672.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,613, and total expenses, including the mortgage, property tax and maintenance, fee around $1,778, assuming $429,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 904 3577 Derry Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $2,100 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Northeast, where 3577 Derry Road is located, has $617,630 Home Price Index, and $2,119 Home Rent Index. Average household income at dissemination area of 3577 Derry Road is $50,560, and average polulation age is 40 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $838,804, and average Home Rent Index $2,599.

            Similar Properties & Community Details:

            There are similar to 904 3577 Derry Road 3 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 3577 Derry Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Northeast neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 62, 72, and 55 accordingly, location of 3577 Derry Road overall can be described as Somewhat Walkable, Excellent Transit, and Bikeable.

            904 3577 Derry Road Listings History Powered By AIDA
            Malton, 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 (31 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 sell?
            You may expect 7 to 8 properties like that to be sold in Northeast during the next 30 days.
            Seasonal sales fluctuation is showing 8% inventory increase comparing to the average annual number, which is equvalent to 7.08 properties sold per month, and 12% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 13 days, which is 13 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 18% D.O.M. increase comparing to the average annual number, which is equvalent to 21 D.O.M., and 18% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in Northeast.
            The selling to asking price ratio is declining in Northeast.
            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 W4693147 Comparative Market Analysis

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