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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# C4833422

              Price -$20000
              $609,000
              1+1br 1ba 500-599sf

              Prop Tax

              $n/a

              Condo Fee

              $358

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              92

              Compare$539,064

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

              SPECTRUM REALTY SERVICES INC., BROKERAGE

              Learn more about this property:
              MLS# C4833422 Listing Details
              Among all comparable properties sold in condo located at 120 Parliament Street in Moss Park in Toronto from Jan 2017 to Aug 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
              Minimum Price Adjusted was:

              $492,712

              Maximum Price Adjusted was:

              $599,684

              AIDA's ESTIMATE (based on 3 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 ($609,000) 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 3 comparable properties sold in condo located at 120 Parliament Street in Moss Park in Toronto from Jan 2017 to Aug 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 SpacesMaintTaxSold PriceTime Adj %Time Adj Price
              2020-03-04***1413120 Parliament StreetW500-5991+0 • 10.0$335n/a$485,0001.59%***
              2020-06-14***2013120 Parliament StreetW500-5991+0 • 10.0$350n/a$532,5002.8%***
              2020-07-16***1704120 Parliament StreetN500-5991+1 • 10.0$345n/a$585,0002.51%***

              Moss Park, Toronto Sales History More

              Moss Park, Toronto: Overall Sales Statistics for Condos
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Sales Statistics
              Powered by AIDA © (condosdirect.net/aida)
              Neighborhood Rent Statistics
              Moss Park, Toronto: Detailed Sales & Rent Statistics for Condos
              Listing Overview

              General:

              705 120 Parliament Street is a condo apt apartment, located in Moss Park of city of Toronto, Toronto region, near Adelaide & Parliament, and has been available for sale on CondosDirect since 2020-07-16. This unit is located at level 7 of the building and has West exposure of Parliament St. Condo registry office is TBD, corporation number 0.

              Lot Size and Living Area:

              705 120 Parliament Street has 4+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 500-599 square feet. 120 Parliament Street building is appriximately New years old.
              0.0 parking space(s) are and located undergrnd at level . 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 found the following features: Assignment Sale, Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

              Price & Cost Overview

              General:

              705 120 Parliament Street condo apt is listed for $609,000. And the monthly maintenance fee was $358.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $539,064.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,285, assuming $609,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization. Add property tax and condo maintenance fee to calculate your total expenses per month.
              Use our Mortgage and Investment Calculator, customized especially for 705 120 Parliament Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Moss Park, where 120 Parliament Street is located, has $756,973 Home Price Index, and $2,226 Home Rent Index. Average household income at dissemination area of 120 Parliament Street is $68,565, and average polulation age is 38 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,026,570, and average Home Rent Index $2,602.

              Similar Properties & Community Details:

              There are similar to 705 120 Parliament Street 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 120 Parliament Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Moss Park neighborhood in city of Toronto.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 92, 92, and 99 accordingly, location of 120 Parliament Street overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              705 120 Parliament Street Listings History Powered by AIDA
              Moss Park, Toronto 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 Toronto 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 (69 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 18 to 22 properties like that to be sold in Moss Park during the next 30 days.
              Seasonal sales fluctuation is showing -7% inventory decline comparing to the average annual number, which is equvalent to 21.08 properties sold per month, and -8% decline comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 28 days, which is 89% longer than it takes a similar home in Moss Park to sell, which is noticeably longer than recent sales average.
              Please note that asking price was reduced 20 days ago by -$20,000, but still did not trigger the sale yet.
              Seasonal sales fluctuation is showing -12% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -20% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell at 1.49% above its asking price in Moss Park.
              The selling to asking price ratio is declining in Moss Park.
              Considering the fact that this property has already been on the market for 28 days, which is -89% longer than average number of days it takes a home to sell in Moss Park (14.8), but taking into account recent price drop by -$20,000, this home may get sold at or near it's new price.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4833422 Comparative Market Analysis

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