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            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# N5109900

            $2,350
            2+1br 2ba 900-999sf

            Water

            N

            Heating

            N

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            75

            TransitScore

            52

            Compare$2,182

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

            ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE

            Learn more about this property:
            MLS# N5109900 Listing Details
            Among all comparable properties rented in condo located at 9471 Yonge St in Observatory in Richmond Hill from Jan 2018 to Feb 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,185

            Maximum Rent Adjusted was:

            $2,185

            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 ($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 1 comparable properties rented out in condo located at 9471 Yonge St in Observatory in Richmond Hill from Jan 2018 to Feb 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
            2018-04-25***7499471 Yonge StNe900-9992+1 • 21.0$2,300-5%***

            Observatory, Richmond Hill Sales History More

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

            General:

            603 9471 Yonge St is a condo apt apartment, located in Observatory of city of Richmond Hill, York region, near 16th Ave & Yonge St, and has been available for lease on ITRealty since 2021-02-10. This unit is located at level 5 of the building and has South-East exposure of Yonge St. Condo registry office is YRCC, corporation number 1308.

            Lot Size and Living Area:

            603 9471 Yonge St 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 900-999 square feet. 9471 Yonge St building was built appriximately 0-5 years ago.
            1.0 parking space(s) are owned and located undergrnd at level . The locker is owned. 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 Hospital, Park, Public Transit, Rec Centre, School, Terraced at, or near the property.
            AIDA has also identified the following listing features: Modern/Renovated/Well Maintained.

            Price & Cost Overview

            General:

            603 9471 Yonge St condo apt is listed for $2,350.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,182.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Observatory, where 9471 Yonge St is located, has $816,224 Home Price Index, and $2,272 Home Rent Index. Average household income at dissemination area of 9471 Yonge St is $33,621, and average polulation age is 41 years old.
            Average Home Price Index among 16 evaluated neighborhoods in city of Richmond Hill is $1,175,818, and average Home Rent Index $2,624.

            Similar Properties & Community Details:

            There are similar to 603 9471 Yonge St 2 bedr condo apt condos listed For Sale and For Rent in city of Richmond Hill.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 9471 Yonge St.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Observatory neighborhood in city of Richmond Hill.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 75, 52, and 54 accordingly, location of 9471 Yonge St overall can be described as Very Walkable, Good Transit, and Bikeable.

            603 9471 Yonge St Listings History Powered By AIDA
            Observatory, Richmond Hill 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 Richmond Hill 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 (25 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 3 to 4 properties like that to be sold in Observatory during the next 30 days.
            Seasonal sales fluctuation is showing -10% inventory decline comparing to the average annual number, which is equvalent to 4.08 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 17 days, which is 14 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 26% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 12% 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 1.53% below its asking price in Observatory.
            The selling to asking price ratio is declining in Observatory.
            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 N5109900 Comparative Market Analysis

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