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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# C4996660

            $9,400 Cashback
            $625,000
            2br 2ba 1000-1199sf

            Prop Tax

            $2,033

            Condo Fee

            $776

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            26

            Compare$617,161

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

            HOMELIFE/FUTURE REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4996660 Listing Details
            Among all comparable properties sold in condo located at 7 Concorde Place in Banbury-Don Mills 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:

            $597,848

            Maximum Price Adjusted was:

            $631,538

            AIDA's ESTIMATE (based on 6 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 ($625,000) 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 6 comparable properties sold in condo located at 7 Concorde Place in Banbury-Don Mills 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
            2019-05-16***27077 Concorde PlaceSw1000-11992+0 • 20.0$779$2,164$542,00010.45%***
            2019-12-18***4017 Concorde PlaceNe1000-11992+1 • 20.0$768$2,023$584,0008.14%***
            2020-06-23***20017 Concorde PlaceNe1000-11992+1 • 20.0$765$2,023$639,000-6.44%***
            2020-07-31***23077 Concorde PlaceSw1000-11992+1 • 20.0$777$2,105$657,000-4.27%***
            2020-08-14***34017 Concorde PlaceNe1000-11992+1 • 20.0$777$2,023$632,000-2.66%***
            2020-09-23***30017 Concorde PlaceE1000-11992+1 • 20.0$777$2,023$615,0002.57%***

            Banbury-Don Mills, Toronto Sales History More

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

            General:

            902 7 Concorde Place is a condo apt apartment, located in Banbury-Don Mills of city of Toronto, Toronto region, near Dvp & Wynford Dr, and has been available for sale on ITRealty since 2020-11-21. This unit is located at level 9 of the building and has North-East exposure of Concorde Pl. Condo registry office is MTCR, corporation number 1012.

            Lot Size and Living Area:

            902 7 Concorde Place has 7+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 1000-1199 square feet.
            0.0 parking space(s) are owned and located undergrnd at level . The locker is owned.

            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, Park, Place Of Worship, Public Transit, Ravine, Rec Centre at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, Move In Condition, Motivated Seller Indications, Swimming Pool, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            902 7 Concorde Place condo apt is listed for $625,000. Property tax for year 2020 was $2,033. And the monthly maintenance fee was $777.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $617,161.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,345, and total expenses, including the mortgage, property tax and maintenance, fee around $2,579, assuming $625,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 902 7 Concorde Place, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,400 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Banbury-Don Mills, where 7 Concorde Place is located, has $1,112,262 Home Price Index, and $2,698 Home Rent Index. Average household income at dissemination area of 7 Concorde Place is $64,981, and average polulation age is 50 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,064,652, and average Home Rent Index $2,573.

            Similar Properties & Community Details:

            There are similar to 902 7 Concorde Place 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 7 Concorde Place.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Banbury-Don Mills neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 26, 63, and 41 accordingly, location of 7 Concorde Place overall can be described as Car-Dependent, Good Transit, and Somewhat Bikeable.

            902 7 Concorde Place Listings History Powered By AIDA
            Banbury-don Mills, 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 (100 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 13 to 15 properties like that to be sold in Banbury-Don Mills during the next 30 days.
            Seasonal sales fluctuation is showing 17% inventory increase comparing to the average annual number, which is equvalent to 12 properties sold per month, and -5% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 13 days, which is 5 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 -21% D.O.M. decrease comparing to the average annual number, which is equvalent to 23 D.O.M., and -18% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell very close to its asking price in Banbury-Don Mills.
            The selling to asking price ratio is declining in Banbury-Don Mills.
            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 C4996660 Comparative Market Analysis

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