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            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# N4956860

            $7,500 Cashback
            $499,000
            1+1br 1ba 600-699sf

            Prop Tax

            $2,525

            Condo Fee

            $440

            Exposure

            N

            Mortg/m

            $ calculator

            WalkScore

            75

            Compare$550,478

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

            RE/MAX REALTRON REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# N4956860 Listing Details
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            Please try another property, or contact us for manual home price evaluation.

            Listing Overview

            General:

            1111 9618 Yonge Street is a condo apt apartment, located in North Richvale of city of Richmond Hill, York region, near Yonge/Weldrick, and has been available for sale on ITRealty since 2020-10-16. This unit is located at level 10 of the building and has North exposure of Yonge St. Condo registry office is YRSC, corporation number 1328.

            Lot Size and Living Area:

            1111 9618 Yonge Street has 5+0 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. 9618 Yonge Street building was built appriximately 0-5 years ago.
            1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. An ensuite laundry is available at the unit.

            Heating and Cooling:

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

            Listing Features:


            AIDA has also identified the following listing features: Income Potential, AIDA Recommended.

            Price & Cost Overview

            General:

            1111 9618 Yonge Street condo apt is listed for $499,000. Property tax for year 2020 was $2,525. And the monthly maintenance fee was $441.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $550,478.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,872, and total expenses, including the mortgage, property tax and maintenance, fee around $2,119, assuming $499,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1111 9618 Yonge Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $7,500 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            North Richvale, where 9618 Yonge Street is located, has $930,755 Home Price Index, and $2,378 Home Rent Index. Average household income at dissemination area of 9618 Yonge Street is $68,352, and average polulation age is 46 years old.
            Average Home Price Index among 17 evaluated neighborhoods in city of Richmond Hill is $1,134,536, and average Home Rent Index $2,588.

            Similar Properties & Community Details:

            There are similar to 1111 9618 Yonge Street 1 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 9618 Yonge Street.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at North Richvale neighborhood in city of Richmond Hill.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 75, 51, and 52 accordingly, location of 9618 Yonge Street overall can be described as Very Walkable, Good Transit, and Bikeable.

            1111 9618 Yonge Street Listings History Powered By AIDA
            North Richvale, 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 (81 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 sell?
            You may expect 8 to 10 properties like that to be sold in North Richvale during the next 30 days.
            Seasonal sales fluctuation is showing 32% inventory increase comparing to the average annual number, which is equvalent to 6.58 properties sold per month, and 37% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 8 days, which is 10 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. increase comparing to the average annual number, which is equvalent to 17 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 can it be sold?
            Similar properties currently sell very close to its asking price in North Richvale.
            The selling to asking price ratio is declining in North Richvale.
            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 N4956860 Comparative Market Analysis

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