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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# N4915293

            $2,250
            2+1br 2ba 1000-1199sf

            Water

            N

            Heating

            N

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            58

            TransitScore

            51

            Compare$2,325

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

            CENTURY 21 ATRIA REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# N4915293 Listing Details
            Among all comparable properties rented in condo located at 7400 Markham Road in Middlefield in Markham from Jan 2017 to Sep 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,200

            Maximum Rent Adjusted was:

            $2,450

            AIDA's ESTIMATE (based on 2 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 ($2,250) 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 2 comparable properties rented out in condo located at 7400 Markham Road in Middlefield in Markham from Jan 2017 to Sep 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
            2017-02-23***5147400 Markham RdE1000-11992+1 • 21.0$1,62535.38%***
            2017-03-09***3147400 Markham RdW1000-11992+1 • 21.0$1,80036.1%***

            Middlefield, Markham Sales History More

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

            General:

            519 7400 Markham Road is a condo apt apartment, located in Middlefield of city of Markham, York region, near Markham Rd & Denison St, and has been available for lease on ITRealty since 2020-09-17. This unit is located at level 5 of the building and has East exposure of Markham Rd. Condo registry office is YRSC, corporation number 1291.

            Lot Size and Living Area:

            519 7400 Markham Road has 6+0 rooms in total, including 2+1 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. 7400 Markham Road building was built appriximately 6-10 years ago.
            1.0 parking space(s) are owned and located undergrnd at level Level B . The locker is exclusiv. A ensuite laundry is available at this condo &(type).

            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, Hospital, Library, Park, Place Of Worship, Public Transit at, or near the property.
            AIDA has also identified the following listing features: Open Concept, AIDA Recommended.

            Price & Cost Overview

            General:

            519 7400 Markham Road condo apt is listed for $2,250.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,325.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Middlefield, where 7400 Markham Road is located, has $971,504 Home Price Index, and $2,042 Home Rent Index. Average household income at dissemination area of 7400 Markham Road is $75,374, and average polulation age is 36 years old.
            Average Home Price Index among 31 evaluated neighborhoods in city of Markham is $1,093,722, and average Home Rent Index $2,432.

            Similar Properties & Community Details:

            There are similar to 519 7400 Markham Road 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 7400 Markham Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Middlefield neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 58, 51, and 49 accordingly, location of 7400 Markham Road overall can be described as Somewhat Walkable, Good Transit, and Somewhat Bikeable.

            519 7400 Markham Road Listings History Powered By AIDA
            Middlefield, 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 (60 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 2 to 3 properties like that to be sold in Middlefield during the next 30 days.
            Seasonal sales fluctuation is showing 71% inventory increase comparing to the average annual number, which is equvalent to 1.17 properties sold per month, and 71% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 9 days, which is 9 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 -5% D.O.M. decrease comparing to the average annual number, which is equvalent to 18 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 it can be sold?
            Similar properties currently sell very close to its asking price in Middlefield.
            The selling to asking price ratio is growing in Middlefield.
            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 N4915293 Comparative Market Analysis

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