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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# C4914883

            $9,600 Cashback
            $639,900
            1br 1ba 0-499sf

            Prop Tax

            $2,344

            Condo Fee

            $314

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            98

            Compare$608,072

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

            HOMELIFE NEW WORLD REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4914883 Listing Details
            Among all comparable properties sold in condo located at 50 Charles Street East in Church-Yonge Corridor in Toronto from Jan 2017 to Sep 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $592,956

            Maximum Price Adjusted was:

            $638,326

            AIDA's ESTIMATE (based on 4 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 ($639,900) 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 4 comparable properties sold in condo located at 50 Charles Street East in Church-Yonge Corridor in Toronto from Jan 2017 to Sep 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
            2019-07-26***300850 Charles Street EastW0-4991+0 • 10.0$296$2,271$585,0001.36%***
            2019-08-20***430850 Charles Street EastW0-4991+0 • 10.0$279$2,340$610,000-0.77%***
            2020-03-09***290950 Charles Street EastW0-4991+0 • 10.0$277$2,242$688,000-7.22%***
            2020-03-30***60750 Charles Street EastW0-4991+0 • 10.0$296$2,120$647,500-7.22%***

            Church-Yonge Corridor, Toronto Sales History More

            Church-yonge Corridor, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Church-yonge Corridor, Toronto: Detailed Sales & Rent Statistics for Condos
            2709 50 Charles Street East Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            2709 50 Charles Street East is a condo apt apartment, located in Church-Yonge Corridor of city of Toronto, Toronto region, near Yonge/Bloor, and has been available for sale on ITRealty since 2020-09-16. This unit is located at level 27 of the building and has West exposure of Charles E St. Condo registry office is TSCC, corporation number 2662.

            Lot Size and Living Area:

            2709 50 Charles Street East has 4+0 rooms in total, including 1+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 0-499 square feet. 50 Charles Street East building was built appriximately 0-5 years ago. The locker is owned. 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 Central Air.

            Listing Features:

            This condo is featuring Library, Public Transit at, or near the property.
            AIDA has also found the following features: Swimming Pool, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            2709 50 Charles Street East condo apt is listed for $639,900. Property tax for year 2020 was $2,345. And the monthly maintenance fee was $314.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $608,072.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,401, and total expenses, including the mortgage, property tax and maintenance, fee around $2,623, assuming $639,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 2709 50 Charles Street East, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,600 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Church-Yonge Corridor, where 50 Charles Street East is located, has $789,261 Home Price Index, and $2,399 Home Rent Index.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,040,620, and average Home Rent Index $2,587.

            Similar Properties & Community Details:

            There are similar to 2709 50 Charles Street East 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 50 Charles Street East.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Church-Yonge Corridor neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 98, 91, and 96 accordingly, location of 50 Charles Street East overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            2709 50 Charles Street East Listings History Powered By AIDA
            Church-yonge Corridor, 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 (98 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 39 to 47 properties like that to be sold in Church-Yonge Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 18% inventory increase comparing to the average annual number, which is equvalent to 36.5 properties sold per month, and 28% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 11 days, which is 7 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 1% D.O.M. increase comparing to the average annual number, which is equvalent to 18 D.O.M., and 11% 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 Church-Yonge Corridor.
            The selling to asking price ratio is declining in Church-Yonge Corridor.
            This property has been on the market for less than average number of days it takes a home to sell in Church-Yonge Corridor (18.4) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4914883 Comparative Market Analysis

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