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Property Description
This stunning corner townhouse features an open concept design that maximizes space, offering over 2500sq. ft. of living area, with a approx 850 sq.ft of finished basement with a bathroom, kitchen and a bright bedroom. Enjoy convenient garage access and an unbeatable location within walking distance to restaurants, parks, and schools. The home is flooded with natural light, both indoors and on the expansive cedar deck outside. The open-concept kitchen boasts a stylish island with quartz countertops and even includes a dedicated desk area. Additional highlights include elegant oak stairs, a convenient second-floor laundry room, and a cozy study area. An excellent opportunity for first-time homebuyers, those looking to downsize, and condo owners seeking to upgrade. A legal basement suite with a separate entrance, laundry and dedicated parking, perfect for individuals seeking additional income to help offset their mortgage. Floor plans attached.
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Nearby Intersections
Derry & Thompson (77)
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1500-2000
Fronting
South
Taxes
$3,900 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 13.75' x 15.72' | Hardwood Floor, Combined W/Kitchen, Open Concept |
| Living | Main | 11.15' x 12.99' | Hardwood Floor, Separate Rm, Large Window |
| Kitchen | Main | 8.07' x 9.65' | Stainless Steel Appl, Granite Counter, Backsplash |
| Breakfast | Main | 11.02' x 10.01' | Ceramic Floor, O/Looks Backyard, W/O To Deck |
| Prim Bdrm | 2nd | 13.68' x 14.83' | Laminate, 5 Pc Ensuite, Large Closet |
| 2nd Br | 2nd | 10.99' x 13.16' | Laminate, Large Closet, Large Window |
| 3rd Br | 2nd | 9.65' x 11.02' | Laminate, Large Closet, Large Window |
| Den | 2nd | 7.84' x 9.91' | Laminate |
| Laundry | 2nd | 5.35' x 5.84' | |
| Rec | Bsmt | 8.60' x 14.93' | Broadloom |
| Br | Bsmt | 7.41' x 12.76' | |
| Kitchen | Bsmt | 7.41' x 12.76' | Ceramic Floor |
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Milton Market Statistics
Milton Price Trend
637 Gervais Terr is a 3-bedroom 4-bathroom townhome listed for sale at $899,000, which is $52,803 (6.2%) higher than the average sold price of $846,197 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom townhome in Milton declined by $39,315 (4.4%) compared to the previous 30 day period (September 27 - October 26) and down $32,754 (3.7%) from the same time one year ago.Inventory Change
There were 62 3-bedroom townhomes listed in Milton over the last 30 days (October 27 - November 25), which is up 34.8% compared with the previous 30 day period (September 27 - October 26) and up 40.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Milton typically sold ($1,040) (0.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $3,127 increase compared to the previous 30 day period (September 27 - October 26) and ($6,105) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in Milton over the last 30 days (October 27 - November 25) stood at 54.8%, down from 87.0% over the previous 30 days (September 27 - October 26) and down from 70.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Milton stood at 18 days when successfully sold over the last 30 days (October 27 - November 25), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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