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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# N4915460

            $2,350
            2br 2ba 1000-1199sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            69

            TransitScore

            46

            Compare$2,328

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

            LANDPOWER REAL ESTATE LTD., BROKERAGE

            Learn more about this property:
            MLS# N4915460 Listing Details
            Among all comparable properties rented in condo located at 88 Times Ave in Commerce Valley 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:

            $2,187

            Maximum Rent Adjusted was:

            $2,477

            AIDA's ESTIMATE (based on 7 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 ($2,350) 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 7 comparable properties rented out in condo located at 88 Times Ave in Commerce Valley 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
            2017-04-12***90588 Times AveSe1000-11992+0 • 21.0$2,05020.85%***
            2017-06-05***30588 Times AveSe1000-11992+0 • 21.0$2,00020.66%***
            2017-07-26***50588 Times AveSe1000-11992+0 • 21.0$1,93019.55%***
            2017-09-27***Uph0688 Times AveSw1000-11992+0 • 21.0$2,00013.63%***
            2018-04-03***80588 Times AveSe1000-11992+0 • 21.0$2,0009.34%***
            2018-09-08***90588 Times AveSe1000-11992+0 • 21.0$2,1509.29%***
            2019-01-08***90588 Times AveSe1000-11992+0 • 21.0$2,3001.65%***

            Commerce Valley, Markham Sales History More

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

            General:

            805 88 Times Ave is a condo apt apartment, located in Commerce Valley of city of Markham, York region, near Leslie And Hwy 7, and has been available for lease on ITRealty since 2020-09-17. This unit is located at level 7 of the building and has South-East exposure of Times Ave. Condo registry office is YRSC, corporation number 1050.

            Lot Size and Living Area:

            805 88 Times Ave has 5+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 1000-1199 square feet.
            1.0 parking space(s) are owned and located undergrnd at level 1 . A ensuite laundry is available at this condo &(type).

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Heat Pump and air-conditioning is Central Air.

            Listing Features:


            AIDA has also found the following possible sellers motivation indicators: Flexible Possession.

            Price & Cost Overview

            General:

            805 88 Times Ave condo apt is listed for $2,350.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,328.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Commerce Valley, where 88 Times Ave is located, has $594,848 Home Price Index, and $2,206 Home Rent Index. Average household income at dissemination area of 88 Times Ave is $50,995, and average polulation age is 43 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 805 88 Times Ave 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 88 Times Ave.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Commerce Valley neighborhood in city of Markham.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 69, 46, and 66 accordingly, location of 88 Times Ave overall can be described as Somewhat Walkable, Some Transit, and Bikeable.

            805 88 Times Ave Listings History Powered By AIDA
            Commerce Valley, 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 (61 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 18 to 22 properties like that to be sold in Commerce Valley during the next 30 days.
            Seasonal sales fluctuation is showing 30% inventory increase comparing to the average annual number, which is equvalent to 15.17 properties sold per month, and 31% 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 14 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 -2% D.O.M. decrease comparing to the average annual number, which is equvalent to 23 D.O.M., and -8% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in Commerce Valley.
            The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in Commerce Valley.
            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 N4915460 Comparative Market Analysis

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