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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# N4957295

            $9,000 Cashback
            $599,900
            3br 2ba 1200-1399sf

            Prop Tax

            $2,508

            Condo Fee

            $270

            Exposure

            W

            Mortg/m

            $ calculator

            WalkScore

            16

            Compare$621,044

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

            ZOLO REALTY, BROKERAGE

            Learn more about this property:
            MLS# N4957295 Listing Details
            Among all comparable properties sold in condo located at 603 Gibney Crescent in Summerhill Estates in Newmarket from Jan 2017 to Oct 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $618,048

            Maximum Price Adjusted was:

            $624,039

            AIDA's ESTIMATE (based on 2 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 ($599,900) 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 2 comparable properties sold in condo located at 603 Gibney Crescent in Summerhill Estates in Newmarket from Jan 2017 to Oct 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressDist/metersExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2019-03-04***620 Gibney Cres64W1200-13993+0 • 21.0$230$2,530$480,00028.76%***
            2019-04-11***579 Priddle Rd64S1200-13993+0 • 21.0$230$2,461$493,00026.58%***

            Summerhill Estates, Newmarket Sales History More

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

            General:

            603 Gibney Crescent is a condo townhouse 2-storey, located in Summerhill Estates of city of Newmarket, York region, near Bathurst And Mulock, and has been available for sale on ITRealty since 2020-10-17. This unit is located at level 1 of the building and has West exposure of Gibney Cres. Condo registry office is YRCP, corporation number 822.

            Lot Size and Living Area:

            603 Gibney Crescent has 7+0 rooms in total, including 3+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living areae of this condo unit is within the range of 1200-1399 square feet above the ground plus fin w/o basement.
            1.0 parking space(s) are exclusive and located private at level . This condo has an ensuite laundry. Basement features: fin w/o and sep entrance.

            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 Clear View, Park, Public Transit, School, Wooded/Treed at, or near the property.
            AIDA has also found the following features: Income Potential, Separate Entrance, Finished Basement, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            603 Gibney Crescent condo townhouse is listed for $599,900. Property tax for year 2020 was $2,508. And the monthly maintenance fee was $270.

            Comparative Market Analysis:

            There are similar 3+0 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $621,044.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,251, and total expenses, including the mortgage, property tax and maintenance, fee around $2,483, assuming $599,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 603 Gibney Crescent, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,000 if you buy this condo townhouse with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Summerhill Estates, where 603 Gibney Crescent is located, has $832,677 Home Price Index, and $2,131 Home Rent Index. Average household income at dissemination area of 603 Gibney Crescent is $71,424, and average polulation age is 35 years old.
            Average Home Price Index among 9 evaluated neighborhoods in city of Newmarket is $852,716, and average Home Rent Index $2,145.

            Similar Properties & Community Details:

            There are similar to 603 Gibney Crescent 3 bedr condo townhouse condos listed For Sale and For Rent in city of Newmarket.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 603 Gibney Crescent.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Summerhill Estates neighborhood in city of Newmarket.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 16, 22, and 29 accordingly, location of 603 Gibney Crescent overall can be described as Car-Dependent, Minimal Transit, and Somewhat Bikeable.

            603 Gibney Crescent Listings History Powered By AIDA
            Newmarket 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 Newmarket 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 (32 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 10 to 12 properties like that to be sold in Summerhill Estates during the next 30 days.
            Seasonal sales fluctuation is showing 42% inventory increase comparing to the average annual number, which is equvalent to 7.75 properties sold per month, and 57% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 13 days, which is 6 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 -7% D.O.M. decrease comparing to the average annual number, which is equvalent to 20 D.O.M., and 3% 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 Summerhill Estates.
            The selling to asking price ratio is growing in Summerhill Estates.
            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 N4957295 Comparative Market Analysis

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