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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# N4630639

            $XXX,XXX
            1br 1ba XXXXsf

            Water

            Y

            Heating

            Y

            Hydro

            Y

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            70

            TransitScore

            50

            Compare$1,866

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

            GOLDEN GATES REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# N4630639 Listing Details
            Among all comparable properties rented in condo located at 51 Times Ave in Commerce Valley in Markham from Jan 2017 to Nov 2019, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,806

            Maximum Rent Adjusted was:

            $1,925

            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 ($XXX,XXX) 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 51 Times Ave in Commerce Valley in Markham from Jan 2017 to Nov 2019

            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
            2017-05-19***91551 Times AveE600-6991+0 • 11.0$1,50028.34%***
            2018-07-07***91551 Times AveE600-6991+0 • 11.0$1,60012.86%***

            Commerce Valley, Markham Sales History More

            Commerce Valley, Markham: Overall Sales Statistics for Condos
            Neighborhood Sales Statistics
            Neighborhood Rent Statistics
            Commerce Valley, Markham: Detailed Sales & Rent Statistics for Condos
            515 51 Times Ave Property & Location AIDA Analytics
            Listing Details

            General:

            515 51 Times Ave is a condo apt apartment, located in Commerce Valley of city of Markham, York region, near Hwy 7 / Leslie, and has been available for lease on ITRealty since 2019-11-10. This unit is located at level 5 of the building and has East exposure of Times Ave. Condo registry office is YRSC, corporation number 1001.

            Lot Size and Living Area:

            515 51 Times Ave 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 600-699 square feet.
            1.0 parking space(s) are owned and located undergrnd at level . ensuite laundry is located on main level.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Other and air-conditioning is Central Air.

            Listing Features:


            AIDA has also found the following features: Income Potential, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Details

            General:

            515 51 Times Ave condo apt is listed for $1,800.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,866.
            Visit a customized Comparative Market Analysis page for more details.

            Location Details

            General:

            Commerce Valley, where 51 Times Ave is located, has $532,789 Home Price Index, and $2,174 Home Rent Index. Average household income at dissemination area of 51 Times Ave is $50,995, and average polulation age is 43 years old.
            Average Home Price Index among 29 evaluated neighborhoods in city of Markham is $974,178, and average Home Rent Index $2,332.

            Similar Properties & Community Details:

            There are similar to 515 51 Times Ave 1 bedr condo apt condos listed For Sale and For Rent in city of Markham.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 51 Times Ave.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Commerce Valley neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 70, 50, and 67 accordingly, location of 51 Times Ave overall can be described as Very Walkable, Good Transit, and Bikeable.

            Commerce Valley, Markham AIDA Analytics
            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 Markham 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 (41 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 12 to 15 properties like that to be sold in Commerce Valley during the next 30 days.
            Seasonal sales fluctuation is showing 20% inventory increase comparing to the average annual number, which is equvalent to 11.42 properties sold per month, and 3% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 7 days, which is 9 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 13% D.O.M. increase comparing to the average annual number, which is equvalent to 13 D.O.M., and 16% 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 Commerce Valley.
            The selling to asking price ratio is declining in Commerce Valley.
            This property has been on the market for less than average number of days it takes a home to sell in Commerce Valley (15.6) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4630639 Comparative Market Analysis

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