For SaleCondo Townhouse · 2-StoreyMLS® #N14150798 · TRREB MLS®
617 Gibney Cres, Newmarket, Ontario
Summerhill Estates, Newmarket, Ontario L3X 1Y3
- Bedrooms
- 3+1
- Bathrooms
- 2
- Type
- Condo Townhouse
- Basement
- Finished with Walk-Out
$649,000
Estimated market value
About 617 Gibney Cres
617 Gibney Cres is a 3+1-bedroom, 2-bathroom condo townhouse in Summerhill Estates, Newmarket, listed for sale at an asking price of $649,000 (MLS® N14150798).
Absolutely immaculate and extensively renovated, this move-in-ready 3+1 bedroom, 2-bathroom, 2-storey townhome is set on a picturesque park-side lot surrounded by mature trees, scenic trails, and endless outdoor recreation. Featuring a finished walk-out basement, private garage and driveway, and a bright open-concept living and dining area, this home offers the perfect balance of comfort and style. Nearly $30,000 has been invested in recent enhancements throughout. The home showcases luxury vinyl tile flooring throughout, contemporary pot lights, refreshed baseboards, and updated carpeting on the stairs with a refinished railing. The kitchen has been beautifully modernized with updated countertops, stainless steel appliances (fridge, stove, dishwasher, and hood vent), and a custom built-in pantry that will remain. The entire interior has also been freshly painted, creating a clean, cohesive, and move-in-ready feel.The functional eat-in kitchen and thoughtfully designed layout make this property ideal for families, professionals, retirees, and outdoor enthusiasts alike. Situated in a welcoming community just minutes to Hwy 400 & 404, Upper Canada Mall, GO Train and Bus service, Southlake Hospital, and everyday amenities. Steps to local schools and parks.Maintenance fees provide exceptional value, covering summer lawn care, and exterior building maintainence - offering true peace of mind and low-maintenance living.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs+$2/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 27 homes with 4 bedrooms for lease in Newmarket right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,860 / 2025
- MLS® number
- N14150798
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Listing history
Buy/sell history for 617 Gibney Cres, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $649,000 | — | For Sale | N14150798 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Summerhill Estates
- Municipality
- Newmarket
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Appliances: Stove, Fridge, Dishwasher, Range Hood, Washer, Dryer, Light Fixtures, Kitchen Pantry. Maintenance Fee includes: lawn cutting during summer and Exterior maintenance provided by the condo corporation
- Condo maint.
- $299
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.38 × 5.48 m | Picture Window, O/Looks Park, Combined W/Dining | Main |
| Dining | 2.1 × 2.38 m | Picture Window, O/Looks Park, Combined W/Living | Main |
| Kitchen | 3.09 × 3.48 m | Eat-In Kitchen, Vinyl Floor, Pot Lights | Main |
| Primary | 3.88 × 4.88 m | Vinyl Floor, Double Closet, Window | 2nd |
| 2nd Br | 2.49 × 4.59 m | Vinyl Floor, Closet, Window | 2nd |
| 3rd Br | 3.09 × 3.59 m | Vinyl Floor, Closet, Window | 2nd |
| Br | 2.49 × 5.48 m | W/O To Patio, Vinyl Floor, O/Looks Park | Lower |
Map and tour
Land transfer tax on this home
- Ontario land transfer tax
- $9,455
- Total land transfer tax
- $9,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $5,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $649,000
- $4,980
- Ontario total
- $9,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Inside the Greenbelt (Oak Ridges Moraine Conservation Plan) and the Oak Ridges Moraine plan area (Settlement Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
- Nearest airport: 5.5 km5.5 km
Province of Ontario open data
Around the home1
- A trail or path within 1 km1 km
Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Nicholas Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 350 m | 88%Grade 6 average |
| Crossland Public SchoolYork Region DSB | Public · grades JK–8 | 1 km | 84%Grade 6 average |
| Clearmeadow Public SchoolYork Region DSB | Public · grades JK–8 · French Immersion | 1.2 km | 75%Grade 6 average |
| ÉÉC Saint-JeanConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.7 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Sir William Mulock Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.9 km | 59%Grade 9 math |
| Dr John M Denison Secondary SchoolYork Region DSB | Public · grades 9–12 | 4 km | 47%Grade 9 math |
| Sacred Heart Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 5.4 km | 62%Grade 9 math |
| ÉSC RenaissanceConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9 km | 87%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Newmarket Terminal | YRT bus rapid transit: Viva Blue, Viva Yellow | 2.1 km |
| Yonge / Mulock | YRT bus rapid transit: Viva Blue | 2.1 km |
| Yonge St / Eagle St | YRT bus rapid transit: Viva Blue | 2.1 km |
| Yonge / Davis | YRT bus rapid transit: Viva Blue | 2.6 km |
| Newmarket GO | GO Transit train: Barrie | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $129,800
- Total mortgage amount
- $519,200
- Total interest payment
- $369,100
- Total purchase cost
- $1,018,100
- Mortgage payment
- $2,961/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
20%Monthly carrying cost
$3,498- Carrying cost $3,498
- Surplus $2
Rental income opens at $3,500, the median asking rent of 27 comparable homes for lease in Newmarket. Type over it with the rent you expect. This is a planning tool, not advice.
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