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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# W4995498

            Sold Cnd
            $599,900
            2br 2ba 1200-1399sf

            Prop Tax

            $1,679

            Condo Fee

            $979

            Exposure

            Nw

            Mortg/m

            $ calculator

            WalkScore

            0

            Compare$528,193

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

            ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

            Learn more about this property:
            MLS# W4995498 Listing Details
            Among all comparable properties sold in condo located at 61 Richview Road in Humber Heights in Toronto from Jan 2017 to Dec 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $489,533

            Maximum Price Adjusted was:

            $594,471

            AIDA's ESTIMATE (based on 5 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 ($599,900) 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 5 comparable properties sold in condo located at 61 Richview Road in Humber Heights in Toronto from Jan 2017 to Dec 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
            2018-07-19***100161 Richview RdW1200-13992+0 • 21.0$958$1,646$558,500-6.66%***
            2018-08-10***201061 Richview RdSw1200-13992+1 • 21.0$958$1,710$535,000-3.66%***
            2018-11-25***50761 Richview RdSe1200-13992+1 • 21.0$958$1,700$466,0005.05%***
            2018-12-02***210761 Richview RdSe1200-13992+1 • 21.0$958$1,700$526,50012.91%***
            2019-04-04***61061 Richview RdSw1200-13992+1 • 21.0$969$1,716$540,000-3.66%***

            Humber Heights, Toronto Sales History More

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

            General:

            1101 61 Richview Road is a condo apt apartment, located in Humber Heights of city of Toronto, Toronto region, near Eglinton/Scarlett, and has been available for sale on ITRealty since 2020-11-20. This unit is located at level 11 of the building and has North-West exposure of Richview Rd. Condo registry office is YCC, corporation number 117.

            Lot Size and Living Area:

            1101 61 Richview Road has 5+0 rooms in total, including 2+0 bedroms, 2 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 1200-1399 square feet.
            1.0 parking space(s) are exclusive and located undergrnd at level B2 . The locker is exclusiv. 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:


            AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Open Concept.

            Price & Cost Overview

            General:

            1101 61 Richview Road condo apt is listed for $599,900. Property tax for year 2020 was $1,679. And the monthly maintenance fee was $979.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $528,193.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,251, and total expenses, including the mortgage, property tax and maintenance, fee around $2,473, assuming $599,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1101 61 Richview Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,000 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Humber Heights, where 61 Richview Road is located, has $854,299 Home Price Index. Average household income at dissemination area of 61 Richview Road is $62,080, and average polulation age is 40 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,062,653, and average Home Rent Index $2,572.

            Similar Properties & Community Details:

            There are similar to 1101 61 Richview Road 2 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 61 Richview Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Humber Heights neighborhood in city of Toronto.

            1101 61 Richview Road Listings History Powered By AIDA
            Humber Heights, 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 (111 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 4 to 5 properties like that to be sold in Humber Heights during the next 30 days.
            Seasonal sales fluctuation is showing 22% inventory increase comparing to the average annual number, which is equvalent to 3.83 properties sold per month, and 12% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 12 days, which is 9 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 -18% D.O.M. decrease comparing to the average annual number, which is equvalent to 25 D.O.M., and -33% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.28% below its asking price in Humber Heights.
            The selling to asking price ratio is growing in Humber Heights.
            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 W4995498 Comparative Market Analysis

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