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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# W4996537

            $11,500 Cashback
            $769,900
            3+1br 3ba 1600-1799sf

            Prop Tax

            $3,686

            Condo Fee

            $302

            Exposure

            S

            Mortg/m

            $ calculator

            WalkScore

            38

            Compare$763,284

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

            ROYAL LEPAGE TERREQUITY REALTY, BROKERAGE

            Learn more about this property:
            MLS# W4996537 Listing Details
            Among all comparable properties sold in condo located at 7385 Magistrate Terrace in Meadowvale in Mississauga 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:

            $763,284

            Maximum Price Adjusted was:

            $763,284

            AIDA's ESTIMATE (based on 1 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 ($769,900) 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 1 comparable properties sold in condo located at 7385 Magistrate Terrace in Meadowvale in Mississauga 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#AddressDist/metersExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2018-09-10***367385 Magistrate Terr62S1600-17993+0 • 31.0$270$3,413$640,50019.17%***

            Meadowvale, Mississauga Sales History More

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

            General:

            10 7385 Magistrate Terrace is a condo townhouse 2-storey, located in Meadowvale of city of Mississauga, Peel region, near Mavis & Derry, and has been available for sale on ITRealty since 2020-11-21. This unit is located at level 1 of the building and has South exposure of Magistrate Terr. Condo registry office is PSCC, corporation number 689.

            Lot Size and Living Area:

            10 7385 Magistrate Terrace has 6+1 rooms in total, including 3+1 bedroms, 3 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living areae of this condo unit is within the range of 1600-1799 square feet above the ground plus finished basement. 7385 Magistrate Terrace building was built appriximately 16-30 years ago.
            1.0 parking space(s) are exclusive and located private at level . An ensuite laundry is available at the unit. Basement features: finished and full.

            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 Park, School at, or near the property.
            AIDA has also identified the following listing features: Finished Basement, Modern/Renovated/Well Maintained.

            Price & Cost Overview

            General:

            10 7385 Magistrate Terrace condo townhouse is listed for $769,900. Property tax for year 2020 was $3,686. And the monthly maintenance fee was $302.

            Comparative Market Analysis:

            There are similar 3+1 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $763,284.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,889, and total expenses, including the mortgage, property tax and maintenance, fee around $3,221, assuming $769,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 10 7385 Magistrate Terrace, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $11,500 if you buy this condo townhouse with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Meadowvale, where 7385 Magistrate Terrace is located, has $962,339 Home Price Index, and $2,492 Home Rent Index. Average household income at dissemination area of 7385 Magistrate Terrace is $93,440, and average polulation age is 34 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $939,792, and average Home Rent Index $2,606.

            Similar Properties & Community Details:

            There are similar to 10 7385 Magistrate Terrace 3 bedr condo townhouse condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 7385 Magistrate Terrace.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Meadowvale neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 38, 50, and 59 accordingly, location of 7385 Magistrate Terrace overall can be described as Car-Dependent, Good Transit, and Bikeable.

            10 7385 Magistrate Terrace Listings History Powered By AIDA
            Meadowvale Village, Mississauga 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 Mississauga 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 (65 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 7 to 8 properties like that to be sold in Meadowvale during the next 30 days.
            Seasonal sales fluctuation is showing 74% inventory increase comparing to the average annual number, which is equvalent to 4.42 properties sold per month, and 24% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 11 days, which is 3 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 -1% D.O.M. decrease comparing to the average annual number, which is equvalent to 13 D.O.M., and -6% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price can it be sold?
            Similar properties currently sell at 1.12% above its asking price in Meadowvale.
            The selling to asking price ratio is growing in Meadowvale.
            This property has been on the market for less than average number of days it takes a home to sell in Meadowvale (13.7) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4996537 Comparative Market Analysis

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