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            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

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            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# N4768174

            $2,000
            1+1br 2ba 700-799sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            58

            TransitScore

            42

            Compare$2,023

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

            HOMEART REALTY SERVICES INC., BROKERAGE

            Learn more about this property:
            MLS# N4768174 Listing Details
            Among all comparable properties rented in condo located at 372 Highway 7 Ave E in Doncrest in Richmond Hill from Jan 2017 to May 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,006

            Maximum Rent Adjusted was:

            $2,040

            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 ($2,000) 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 2 comparable properties rented out in condo located at 372 Highway 7 Ave E in Doncrest in Richmond Hill from Jan 2017 to May 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
            2017-08-13***1007372 Highway 7 ES700-7991+1 • 21.0$1,72518.27%***
            2018-04-20***707B372 Highway 7 Ave ES700-7991+0 • 21.0$1,78012.68%***

            Doncrest, Richmond Hill Sales History More

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

            General:

            606 372 Highway 7 Ave E is a condo apt apartment, located in Doncrest of city of Richmond Hill, York region, near Bayview / Hwy 7, and has been available for lease on ITRealty since 2020-05-23. This unit is located at level 5 of the building and has South exposure of Highway 7 E Ave. Condo registry office is YRCC, corporation number 1254.

            Lot Size and Living Area:

            606 372 Highway 7 Ave E has 4+1 rooms in total, including 1+1 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 700-799 square feet. 372 Highway 7 Ave E building was built appriximately 0-5 years ago.
            1.0 parking space(s) are owned and located undergrnd at level P2 . 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, Park, Public Transit, School at, or near the property.
            AIDA has also identified the following listing features: Open Concept, AIDA Recommended.

            Price & Cost Overview

            General:

            606 372 Highway 7 Ave E condo apt is listed for $2,000.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,023.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Doncrest, where 372 Highway 7 Ave E is located, has $1,038,283 Home Price Index, and $2,254 Home Rent Index. Average household income at dissemination area of 372 Highway 7 Ave E is $42,560, and average polulation age is 40 years old.
            Average Home Price Index among 17 evaluated neighborhoods in city of Richmond Hill is $1,072,154, and average Home Rent Index $2,536.

            Similar Properties & Community Details:

            There are similar to 606 372 Highway 7 Ave E 1 bedr condo apt condos listed For Sale and For Rent in city of Richmond Hill.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 372 Highway 7 Ave E.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Doncrest neighborhood in city of Richmond Hill.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 58, 42, and 63 accordingly, location of 372 Highway 7 Ave E overall can be described as Somewhat Walkable, Some Transit, and Bikeable.

            606 372 Highway 7 Ave E Listings History Powered By AIDA
            Doncrest, Richmond Hill 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 Richmond Hill 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 (82 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 9 to 11 properties like that to be sold in Doncrest during the next 30 days.
            Seasonal sales fluctuation is showing -29% inventory decline comparing to the average annual number, which is equvalent to 13.58 properties sold per month, and -11% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 6 days, which is 20 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 56% D.O.M. increase comparing to the average annual number, which is equvalent to 16 D.O.M., and 5% 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 Doncrest.
            The selling to asking price ratio is growing in Doncrest.
            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 N4768174 Comparative Market Analysis

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