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            Comparative Market Analysis for MLS# N4996064

            1+1br 1ba 600-699sf
















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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# N4996064 Listing Details
            Among all comparable properties rented in condo located at 8228 Birchmount Road in Unionville in Markham from Jan 2017 to Nov 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:


            Maximum Rent Adjusted was:


            AIDA's ESTIMATE (based on 32 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:


            Which makes the Asking Price ($1,700) less than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 32 comparable properties rented out in condo located at 8228 Birchmount Road in Unionville in Markham from Jan 2017 to Nov 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
            2017-01-06***2058228 Birchmount RdS600-6991+1 • 11.0$1,45015.64%***
            2017-03-15***6298228 Birchmount RdS600-6991+1 • 11.0$1,52518.94%***
            2017-03-31***3188228 Birchmount RdN600-6991+1 • 11.0$1,75018.94%***
            2017-04-17***6168228 Birchmount RdN600-6991+0 • 11.0$1,55019.53%***
            2017-04-26***Rg068228 Birchmount RdS600-6991+0 • 11.0$1,50019.53%***
            2017-06-03***6118228 Birchmount RdN600-6991+1 • 11.0$1,58016.95%***
            2017-06-08***6121 Uptown DrW600-6991+1 • 11.0$1,55016.95%***
            2017-06-26***6218228 Birchmount RdN600-6991+1 • 11.0$1,65016.95%***
            2017-06-30***7158228 Birchmount RdN600-6991+1 • 11.0$1,65016.95%***
            2017-07-24***3068228 Birchmount RdS600-6991+0 • 11.0$1,40015.34%***
            2017-08-27***2128228 Birchmount RdW600-6991+1 • 11.0$1,65014.06%***
            2017-09-20***5158228 Birchmount RdNw600-6991+1 • 11.0$1,65012.52%***
            2017-09-21***7128228 Birchmount RdN600-6991+1 • 11.0$1,65012.52%***
            2018-04-29***1068228 Birchmount RdS600-6991+0 • 11.0$1,5508.87%***
            2018-05-29***2078228 Birchmount RdS600-6991+0 • 11.0$1,6507.91%***
            2018-06-06***Ph 168228 Birchmount RdN600-6991+1 • 11.0$1,7257.03%***
            2018-06-14***6118228 Birchmount RdN600-6991+1 • 11.0$1,7007.03%***
            2018-06-20***Ph078228 Birchmount RdS600-6991+0 • 11.0$1,6807.03%***
            2018-06-24***6121 Uptown DrW600-6991+1 • 11.0$1,8007.03%***
            2018-07-09***1028228 Birchmount RdS600-6991+1 • 11.0$1,6505.62%***
            2018-07-20***Rg238228 Birchmount RdE600-6991+1 • 11.0$1,7805.62%***
            2018-07-21***7298228 Birchmount RdS600-6991+1 • 11.0$1,7505.62%***
            2018-08-16***2028228 Birchmount RdS600-6991+1 • 11.0$1,7004.78%***
            2018-09-10***Rg158228 Birchmount RdN600-6991+1 • 11.0$1,9003.25%***
            2018-09-14***6058228 Birchmount RdS600-6991+1 • 11.0$1,8503.25%***
            2018-10-09***2158228 Birchmount RdW600-6991+1 • 11.0$1,8001.77%***
            2018-10-30***Ph158228 Birchmount RdN600-6991+1 • 11.0$1,9001.77%***
            2018-10-30***Ph128228 Birchmount RdN600-6991+1 • 11.0$1,9501.77%***
            2018-11-28***5078228 Birchmount RdS600-6991+0 • 11.0$1,7200.88%***
            2019-01-11***Ph108228 Birchmount RdN600-6991+1 • 11.0$1,950-0.97%***
            2019-01-23***6118228 Birchmount RdN600-6991+1 • 11.0$1,800-0.97%***
            2019-03-29***1108228 Birchmount RdW600-6991+1 • 11.0$1,900-2.18%***

            Unionville, Markham Sales History More

            Unionville, Markham: Overall Sales Statistics for Condos
            Powered by AIDA © (
            Neighborhood Sales Statistics
            Powered by AIDA © (
            Neighborhood Rent Statistics
            Unionville, Markham: Detailed Sales & Rent Statistics for Condos
            Listing Overview


            205 8228 Birchmount Road is a condo apt apartment, located in Unionville of city of Markham, York region, near Hwy 7 / Birchmount Rd, and has been available for lease on ITRealty since 2020-11-20. This unit is located at level 2 of the building and has South exposure of Birchmount Rd. Condo registry office is YRSC, corporation number 1246.

            Lot Size and Living Area:

            205 8228 Birchmount Road has 4+1 rooms in total, including 1+1 bedroms, 1 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 600-699 square feet. The locker is owned. ensuite laundry is located on main level.

            Heating and Cooling:

            The condo heat source is Other, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Arts Centre, Electric Car Charg, Park at, or near the property.
            AIDA has also identified the following listing features: Swimming Pool, AIDA Recommended.

            Price & Cost Overview


            205 8228 Birchmount Road condo apt is listed for $1,700.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,843.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview


            Unionville, where 8228 Birchmount Road is located, has $990,426 Home Price Index, and $2,288 Home Rent Index. Average household income at dissemination area of 8228 Birchmount Road is $52,699, and average polulation age is 40 years old.
            Average Home Price Index among 32 evaluated neighborhoods in city of Markham is $1,125,011, and average Home Rent Index $2,494.

            Similar Properties & Community Details:

            There are similar to 205 8228 Birchmount Road 1 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 8228 Birchmount Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Unionville neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 62, 55, and 80 accordingly, location of 8228 Birchmount Road overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

            205 8228 Birchmount Road Listings History Powered By AIDA
            Unionville, Markham Sales & Rent History Powered by AIDA

            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 45 to 55 properties like that to be sold in Unionville during the next 30 days.
            Seasonal sales fluctuation is showing 21% inventory increase comparing to the average annual number, which is equvalent to 41.17 properties sold per month, and -4% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 8 days, which is 15 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 -0% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 9% 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 1.26% below its asking price in Unionville.
            The selling to asking price ratio is declining in Unionville.
            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 N4996064 Comparative Market Analysis

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