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            Comparative Market Analysis for MLS# N5082483

            1br 1ba 500-599sf
















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            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# N5082483 Listing Details
            Among all comparable properties rented in condo located at 8228 Birchmount Road in Unionville in Markham from Jan 2017 to Jan 2021, 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 23 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 ($1,620) 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 23 comparable properties rented out in condo located at 8228 Birchmount Road in Unionville in Markham from Jan 2017 to Jan 2021

            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
            2017-01-27***6088228 Birchmount RdS500-5991+0 • 11.0$1,35011.95%***
            2017-03-25***15081 Uptown DrN500-5991+1 • 11.0$1,50013.04%***
            2017-05-05***6288228 Birchmount RdE500-5991+0 • 11.0$1,45012.33%***
            2017-07-29***6168200 Birchmount RdSe500-5991+0 • 11.0$1,5809.52%***
            2017-08-11***7088228 Birchmount RdS500-5991+0 • 11.0$1,5208.3%***
            2017-10-14***Ph 258228 Birchmount RdE500-5991+0 • 11.0$1,5505.49%***
            2017-11-03***Rg258228 Birchmount RdE500-5991+1 • 11.0$1,7004.48%***
            2017-11-11***2368228 Birchmount RdS500-5991+0 • 11.0$1,5004.48%***
            2017-12-21***Ph018228 Birchmount RdS500-5991+0 • 11.0$1,6503.74%***
            2018-03-10***2338228 Birchmount RdE500-5991+0 • 11.0$1,5003.61%***
            2018-03-23***7258228 Birchmount RdE500-5991+1 • 11.0$1,6803.61%***
            2018-04-05***18081 Uptown DrN500-5991+1 • 11.0$1,7303.37%***
            2018-08-08***5161 Uptown DrW500-5991+1 • 11.0$1,800-0.51%***
            2018-09-04***5238228 Birchmount RdNe500-5991+1 • 11.0$1,770-1.96%***
            2018-09-21***11081 Uptown DrN500-5991+1 • 11.0$1,800-1.96%***
            2018-10-10***5018228 Birchmount RdS500-5991+0 • 11.0$1,800-3.37%***
            2018-11-05***7088228 Birchmount RdS500-5991+0 • 11.0$1,800-4.22%***
            2018-11-14***Rg308228 Birchmount RdS500-5991+0 • 11.0$1,800-4.22%***
            2018-11-27***2338228 Birchmount RdE500-5991+0 • 11.0$1,600-4.22%***
            2018-12-10***5018228 Birchmount RdS500-5991+0 • 11.0$1,700-5.66%***
            2019-01-28***2368228 Birchmount RdS500-5991+0 • 11.0$1,700-5.97%***
            2019-01-28***21081 Uptown DrN500-5991+1 • 11.0$1,900-5.97%***
            2019-04-13***3178228 Birchmount RdN500-5991+0 • 11.0$1,800-7.51%***

            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


            317 8228 Birchmount Road is a condo apt apartment, located in Unionville of city of Markham, York region, near Highway 7 / Birchmount, and has been available for lease on ITRealty since 2021-01-13. This unit is located at level 03 of the building and has North exposure of Birchmount Rd. Condo registry office is YRCC, corporation number 1264.

            Lot Size and Living Area:

            317 8228 Birchmount Road has 5+0 rooms in total, including 1+0 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 500-599 square feet. 8228 Birchmount Road building was built appriximately 6-10 years ago.
            1.0 parking space(s) are exclusive and located undergrnd at level Level C/#176 . The locker is exclusiv. 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:

            This condo is featuring Park, Public Transit, School, School Bus Route at, or near the property.
            AIDA has also identified the following listing features: Swimming Pool, AIDA Recommended.

            Price & Cost Overview


            317 8228 Birchmount Road condo apt is listed for $1,620.

            Comparative Market Analysis:

            There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,682.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview


            Unionville, where 8228 Birchmount Road is located, has $1,002,647 Home Price Index, and $2,248 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 $1,139,819, and average Home Rent Index $2,518.

            Similar Properties & Community Details:

            There are similar to 317 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 60, 55, and 79 accordingly, location of 8228 Birchmount Road overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

            317 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 (35 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 54 to 66 properties like that to be sold in Unionville during the next 30 days.
            Seasonal sales fluctuation is showing 43% inventory increase comparing to the average annual number, which is equvalent to 42.08 properties sold per month, and 13% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 3 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 -4% D.O.M. decrease comparing to the average annual number, which is equvalent to 22 D.O.M., and -1% 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 1.55% 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 N5082483 Comparative Market Analysis

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