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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# N4957452

            $2,300
            2br 2ba 800-899sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            70

            TransitScore

            74

            Compare$2,327

            Please Login for the Map View

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

            ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

            Learn more about this property:
            MLS# N4957452 Listing Details
            Among all comparable properties rented in condo located at 7171 Yonge St in Thornhill in Markham from Jan 2017 to Oct 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,106

            Maximum Rent Adjusted was:

            $2,548

            AIDA's ESTIMATE (based on 33 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 ($2,300) 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 33 comparable properties rented out in condo located at 7171 Yonge St in Thornhill in Markham from Jan 2017 to Oct 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
            2017-02-01***28087171 Yonge StNw800-8992+0 • 21.0$2,1808.12%***
            2017-02-14***16087171 Yonge StSw800-8992+0 • 21.0$2,0808.12%***
            2017-04-14***Ph2067171 Yonge StSw800-8992+0 • 21.0$2,1008.78%***
            2017-05-15***19077171 Yonge StNw800-8992+0 • 21.0$2,2508.18%***
            2017-05-18***21157171 Yonge StSw800-8992+0 • 21.0$2,2508.18%***
            2017-06-06***22017171 Yonge StNe800-8992+0 • 21.0$2,1506.73%***
            2017-06-06***17087171 Yonge StSw800-8992+0 • 21.0$2,2006.73%***
            2017-06-16***8017171 Yonge StNs800-8992+0 • 21.0$2,1506.73%***
            2017-06-28***27017171 Yonge StSe800-8992+0 • 21.0$2,2756.73%***
            2017-07-01***19087171 Yonge StSw800-8992+0 • 21.0$2,1505.87%***
            2017-07-07***11017171 Yonge StNe800-8992+0 • 21.0$2,2005.87%***
            2017-08-02***18017171 Yonge StNe800-8992+0 • 21.0$2,2005.12%***
            2017-08-23***9017171 Yonge StE800-8992+0 • 21.0$2,2505.12%***
            2017-10-07***19157171 Yonge StSw800-8992+0 • 21.0$2,3002.76%***
            2017-11-06***24157171 Yonge StSe800-8992+0 • 21.0$2,2902.28%***
            2017-11-17***17087171 Yonge StSw800-8992+0 • 21.0$2,3002.28%***
            2017-11-21***22077171 Yonge StNe800-8992+0 • 21.0$2,3002.28%***
            2017-11-23***26087171 Yonge StSw800-8992+0 • 21.0$2,3002.28%***
            2018-03-15***8077171 Yonge StNw800-8992+0 • 21.0$2,275-0.38%***
            2018-04-01***18087171 Yonge StSw800-8992+0 • 21.0$2,200-1.73%***
            2018-06-02***11017171 Yonge StNe800-8992+0 • 21.0$2,350-0.08%***
            2018-06-08***12087171 Yonge StSw800-8992+0 • 21.0$2,250-0.08%***
            2018-06-26***25267161 Yonge StSw800-8992+1 • 21.0$2,550-0.08%***
            2018-07-05***21157171 Yonge StSw800-8992+0 • 21.0$2,400-1.45%***
            2018-07-11***27077171 Yonge StNw800-8992+0 • 21.0$2,400-1.45%***
            2018-07-19***28087171 Yonge StNw800-8992+0 • 21.0$2,400-1.45%***
            2018-08-02***3017171 Yonge StNe800-8992+0 • 21.0$2,400-1.41%***
            2018-09-15***8077171 Yonge StNw800-8992+0 • 21.0$2,400-2.34%***
            2018-11-14***28077171 Yonge StNe800-8992+0 • 21.0$2,500-5.74%***
            2018-12-07***Lph3-67171 Yonge StSw800-8992+0 • 21.0$2,600-12.47%***
            2019-01-04***17087171 Yonge StSw800-8992+0 • 21.0$2,550-12.34%***
            2019-02-19***12157171 Yonge StSw800-8992+0 • 21.0$2,550-10.89%***
            2019-03-27***24157171 Yonge StSw800-8992+0 • 21.0$2,400-12.24%***

            Thornhill, Markham Sales History More

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

            General:

            1408 7171 Yonge St is a condo apt apartment, located in Thornhill of city of Markham, York region, near Yonge And Steeles, and has been available for lease on ITRealty since 2020-10-17. This unit is located at level 14 of the building and has North-West exposure of Yonge St. Condo registry office is YRSC, corporation number 1271.

            Lot Size and Living Area:

            1408 7171 Yonge St has 6+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 800-899 square feet. 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:


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

            Price & Cost Overview

            General:

            1408 7171 Yonge St condo apt is listed for $2,300.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,327.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Thornhill, where 7171 Yonge St is located, has $774,943 Home Price Index, and $2,249 Home Rent Index. Average household income at dissemination area of 7171 Yonge St is $37,120, and average polulation age is 37 years old.
            Average Home Price Index among 31 evaluated neighborhoods in city of Markham is $1,107,653, and average Home Rent Index $2,494.

            Similar Properties & Community Details:

            There are similar to 1408 7171 Yonge St 2 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 7171 Yonge St.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Thornhill neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 70, 74, and 53 accordingly, location of 7171 Yonge St overall can be described as Very Walkable, Excellent Transit, and Bikeable.

            1408 7171 Yonge St Listings History Powered By AIDA
            Grandview, Markham 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 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 (68 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 19 to 23 properties like that to be sold in Thornhill during the next 30 days.
            Seasonal sales fluctuation is showing 59% inventory increase comparing to the average annual number, which is equvalent to 13.17 properties sold per month, and 42% 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 8% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 1% 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 1.46% below its asking price in Thornhill.
            The selling to asking price ratio is growing in Thornhill.
            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 N4957452 Comparative Market Analysis

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