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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# N4956978

            $6,600 Cashback
            $437,000
            2br 1ba 900-999sf

            Prop Tax

            $2,539

            Condo Fee

            $424

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            62

            Compare$447,093

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

            ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

            Learn more about this property:
            MLS# N4956978 Listing Details
            Among all comparable properties sold in condo located at 40 William Roe Boulevard in Central Newmarket in Newmarket from Jan 2017 to Oct 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $440,285

            Maximum Price Adjusted was:

            $447,094

            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 ($437,000) 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 sold in condo located at 40 William Roe Boulevard in Central Newmarket in Newmarket from Jan 2017 to Oct 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
            2017-03-10***40140 William Roe BlvdW900-9992+0 • 11.0$372$2,426$376,50018.75%***
            2018-10-03***20140 William Roe BlvdW900-9992+0 • 11.0$401$2,406$419,0005.08%***

            Central Newmarket, Newmarket Sales History More

            Central Newmarket, Newmarket: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Central Newmarket, Newmarket: Detailed Sales & Rent Statistics for Condos
            601 40 William Roe Boulevard Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            601 40 William Roe Boulevard is a condo apt apartment, located in Central Newmarket of city of Newmarket, York region, near East Of Yonge, North Of Mulock, and has been available for sale on ITRealty since 2020-10-16. This unit is located at level 6 of the building and has West exposure of William Roe Blvd. Condo registry office is YRCC, corporation number 3.

            Lot Size and Living Area:

            601 40 William Roe Boulevard 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 900-999 square feet.
            1.0 parking space(s) are exclusive and located undergrnd at level . The locker is ensuite+. This condo has an ensuite laundry. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            The condo heat source is Electric, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Park, Public Transit at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, Open Concept, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller, Flexible Possession.

            Price & Cost Overview

            General:

            601 40 William Roe Boulevard condo apt is listed for $437,000. Property tax for year 2020 was $2,540. And the monthly maintenance fee was $424.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $447,093.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,640, and total expenses, including the mortgage, property tax and maintenance, fee around $1,887, assuming $437,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 601 40 William Roe Boulevard, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $6,600 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Central Newmarket, where 40 William Roe Boulevard is located, has $675,720 Home Price Index, and $1,935 Home Rent Index. Average household income at dissemination area of 40 William Roe Boulevard is $66,202, and average polulation age is 51 years old.
            Average Home Price Index among 9 evaluated neighborhoods in city of Newmarket is $850,465, and average Home Rent Index $2,144.

            Similar Properties & Community Details:

            There are similar to 601 40 William Roe Boulevard 2 bedr condo apt condos listed For Sale and For Rent in city of Newmarket.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 40 William Roe Boulevard.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Central Newmarket neighborhood in city of Newmarket.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 62, 46, and 52 accordingly, location of 40 William Roe Boulevard overall can be described as Somewhat Walkable, Some Transit, and Bikeable.

            601 40 William Roe Boulevard Listings History Powered By AIDA
            Central Newmarket, Newmarket 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 Newmarket 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 (34 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 5 to 6 properties like that to be sold in Central Newmarket during the next 30 days.
            Seasonal sales fluctuation is showing -3% inventory decline comparing to the average annual number, which is equvalent to 5.5 properties sold per month, and 28% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 8 days, which is 5 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -27% D.O.M. decrease comparing to the average annual number, which is equvalent to 18 D.O.M., and -4% 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 1.44% above its asking price in Central Newmarket.
            The selling to asking price ratio is growing in Central Newmarket.
            This property has been on the market for less than average number of days it takes a home to sell in Central Newmarket (13.3) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4956978 Comparative Market Analysis

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