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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# C4630495

            Sold Cnd
            $499,990
            1br 1ba 500-599sf

            Prop Tax

            $1,739

            Condo Fee

            $371

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            94

            Compare$500,795

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

            RIGHT AT HOME REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4630495 Listing Details
            Among all comparable properties sold in condo located at 5508 Yonge Street in Willowdale West in Toronto from Jan 2017 to Nov 2019, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $474,524

            Maximum Price Adjusted was:

            $496,299

            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 ($499,990) 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 5508 Yonge Street in Willowdale West in Toronto 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2018-04-14***20065508 Yonge StNw500-5991+0 • 11.0$364$1,860$440,6807.68%***
            2018-11-01***26065508 Yonge StNw500-5991+0 • 11.0$368$1,884$464,2656.9%***

            Willowdale West, Toronto Sales History More

            Willowdale West, Toronto: Overall Sales Statistics for Condos
            Neighborhood Sales Statistics
            Neighborhood Rent Statistics
            Willowdale West, Toronto: Detailed Sales & Rent Statistics for Condos
            1006 5508 Yonge Street Property & Location AIDA Analytics
            Listing Details

            General:

            1006 5508 Yonge Street is a condo apt apartment, located in Willowdale West of city of Toronto, Toronto region, near Yonge/Finch, and has been available for sale on ITRealty since 2019-11-09. This unit is located at level 10 of the building and has North-East exposure of Yonge St. Condo registry office is TSCC, corporation number 2029.

            Lot Size and Living Area:

            1006 5508 Yonge Street 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 500-599 square feet.
            1.0 parking space(s) are owned and located undergrnd at level . 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 Wall Unit.

            Listing Features:


            AIDA has also found the following features: AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Details

            General:

            1006 5508 Yonge Street condo apt is listed for $499,990. Property tax for year 2019 was $1,740. And the monthly maintenance fee was $371.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $500,795.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,876, and total expenses, including the mortgage, property tax and maintenance, fee around $2,052, assuming $499,990 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1006 5508 Yonge Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $5,000 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Details

            General:

            Willowdale West, where 5508 Yonge Street is located, has $955,466 Home Price Index, and $2,592 Home Rent Index.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $956,379, and average Home Rent Index $2,647.

            Similar Properties & Community Details:

            There are similar to 1006 5508 Yonge Street 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 5508 Yonge Street.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Willowdale West neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 94, 100, and 50 accordingly, location of 5508 Yonge Street overall can be described as Walker's Paradise, Rider's Paradise, and Bikeable.

            Willowdale West, Toronto 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 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 (40 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 8 to 10 properties like that to be sold in Willowdale West during the next 30 days.
            Seasonal sales fluctuation is showing -7% inventory decline comparing to the average annual number, which is equvalent to 9.67 properties sold per month, and -25% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 8 days, which is 6 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 -16% D.O.M. decrease comparing to the average annual number, which is equvalent to 17 D.O.M., and 13% 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 at 2.5% above its asking price in Willowdale West.
            The selling to asking price ratio is declining in Willowdale West.
            This property has been on the market for less than average number of days it takes a home to sell in Willowdale West (14.3) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4630495 Comparative Market Analysis

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