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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# W4847843

              Price +$900
              $389,900
              3br 2ba 1200-1399sf

              Prop Tax

              $768

              Condo Fee

              $850

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              22

              Compare$450,461

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

              HOMELIFE/MIRACLE REALTY LTD, BROKERAGE

              Learn more about this property:
              MLS# W4847843 Listing Details
              Among all comparable properties sold in condo located at 238 Albion Road in Elms-Old Rexdale 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:

              $504,835

              Maximum Price Adjusted was:

              $504,835

              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 ($389,900) less 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 sold in condo located at 238 Albion Road in Elms-Old Rexdale 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
              2018-04-03***1505238 Albion RdW1200-13993+0 • 21.0$865$829$310,00062.85%***

              Elms-Old Rexdale, Toronto Sales History More

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

              General:

              # 303 238 Albion Road is a condo apt apartment, located in Elms-Old Rexdale of city of Toronto, Toronto region, near Albion & Weston Rd, and has been available for sale on CondosDirect since 2020-07-28. This unit is located at level 3 of the building and has South exposure of Albion Rd. Condo registry office is MTCC, corporation number 706.

              Lot Size and Living Area:

              # 303 238 Albion Road has 6+0 rooms in total, including 3+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 1200-1399 square feet.
              1.0 parking space(s) are exclusive and located undergrnd at level P2 . The locker is ensuite. This condo has an ensuite laundry.

              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 Golf, Hospital, Park, Place Of Worship, Public Transit, Ravine at, or near the property.
              AIDA has also found the following features: Open Concept, Price Change, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              # 303 238 Albion Road condo apt is listed for $389,900. Property tax for year 2020 was $768. And the monthly maintenance fee was $850.

              Comparative Market Analysis:

              There are similar 3+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $450,461.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,463, and total expenses, including the mortgage, property tax and maintenance, fee around $1,598, assuming $389,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for # 303 238 Albion Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Elms-Old Rexdale, where 238 Albion Road is located, has $566,168 Home Price Index. Average household income at dissemination area of 238 Albion Road is $51,456, and average polulation age is 33 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 # 303 238 Albion Road 3 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 238 Albion Road.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Elms-Old Rexdale neighborhood in city of Toronto.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 22, 68, and 59 accordingly, location of 238 Albion Road overall can be described as Car-Dependent, Good Transit, and Bikeable.

              # 303 238 Albion Road Listings History Powered by AIDA
              Elms-old Rexdale, 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 2 to 3 properties like that to be sold in Elms-Old Rexdale during the next 30 days.
              Seasonal sales fluctuation is showing -29% inventory decline comparing to the average annual number, which is equvalent to 3.75 properties sold per month, and -20% decline comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 16 days, which is 15 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 32% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 93% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
              At what price it can be sold?
              Similar properties currently sell at 6.05% below its asking price in Elms-Old Rexdale.
              The selling to asking price ratio is declining in Elms-Old Rexdale.
              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 W4847843 Comparative Market Analysis

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