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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# C4996231

            $1,850
            1br 1ba 600-699sf

            Water

            Y

            Heating

            N

            Hydro

            N

            Parking

            N

            Laundry

            Ensuite

            WalkScore

            98

            TransitScore

            100

            Compare$2,093

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

            PSR, BROKERAGE

            Learn more about this property:
            MLS# C4996231 Listing Details
            Among all comparable properties rented in condo located at 608 Richmond St W in Waterfront Communities C1 in Toronto from Jan 2017 to Nov 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,767

            Maximum Rent Adjusted was:

            $2,456

            AIDA's ESTIMATE (based on 15 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 ($1,850) 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 15 comparable properties rented out in condo located at 608 Richmond St W in Waterfront Communities C1 in Toronto from Jan 2017 to Nov 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
            2018-09-10***715608 Richmond StS600-6991+0 • 10.0$2,250-12.1%***
            2018-10-12***1301608 Richmond St WN600-6991+0 • 10.0$2,500-15.23%***
            2019-06-12***801608 Richmond StreetNw600-6991+1 • 10.0$2,600-16.44%***
            2019-06-19***301608 Richmond StreetNw600-6991+1 • 10.0$2,400-16.44%***
            2019-07-04***1019608 Richmond Street WestN600-6991+0 • 10.0$2,400-19.24%***
            2019-07-04***1019608 Richmond Street WestN600-6991+0 • 10.0$2,400-19.24%***
            2019-09-28***Lph12608 Richmond Street WestN600-6991+1 • 10.0$2,900-15.57%***
            2019-11-04***319608 Richmond Street WestN600-6991+0 • 10.0$2,350-12.25%***
            2019-12-30***509608 Richmond StreetS600-6991+1 • 10.0$2,400-12.25%***
            2020-03-11***1301608 Richmond Street WestN600-6991+0 • 10.0$2,850-13.83%***
            2020-05-06***701608 Richmond Street WestN600-6991+1 • 10.0$2,150-13.51%***
            2020-05-27***1015608 Richmond StreetS600-6991+0 • 10.0$2,150-13.51%***
            2020-06-02***1301608 Richmond Street WestN600-6991+0 • 10.0$2,850-14.01%***
            2020-08-31***801608 Richmond StreetNw600-6991+1 • 10.0$2,400-6.92%***
            2020-09-28***615608 Richmond StreetS600-6991+0 • 10.0$1,925-8.22%***

            Waterfront Communities C1, Toronto Sales History More

            Waterfront Communities C1, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Waterfront Communities C1, Toronto: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            715 608 Richmond St W is a condo apt loft, located in Waterfront Communities C1 of city of Toronto, Toronto region, near Richmond & Bathurst, and has been available for lease on ITRealty since 2020-11-21. This unit is located at level 7 of the building and has South exposure of Richmond W St. Condo registry office is TSCC, corporation number 2707.

            Lot Size and Living Area:

            715 608 Richmond St W has 3+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. 608 Richmond St W building was built appriximately 0-5 years ago. The locker is owned. 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, Library, Park, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Open Concept, Motivated Seller Indications, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            715 608 Richmond St W condo apt is listed for $1,850.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,093.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Waterfront Communities C1, where 608 Richmond St W is located, has $785,595 Home Price Index, and $2,378 Home Rent Index. Average household income at dissemination area of 608 Richmond St W is $77,397, and average polulation age is 37 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,923, and average Home Rent Index $2,565.

            Similar Properties & Community Details:

            There are similar to 715 608 Richmond St W 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 608 Richmond St W.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 98, 100, and 72 accordingly, location of 608 Richmond St W overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

            715 608 Richmond St W Listings History Powered By AIDA
            Waterfront Communities C1, 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 (93 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 429 to 524 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
            Seasonal sales fluctuation is showing 66% inventory increase comparing to the average annual number, which is equvalent to 286.17 properties sold per month, and 13% 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 18 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 6% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.14% below its asking price in Waterfront Communities C1.
            The selling to asking price ratio is declining in Waterfront Communities C1.
            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 C4996231 Comparative Market Analysis

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