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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    553 Gervais Terrace

    Coates·Milton, ON·L9T 7R7·Near Derry & Holly

    • 3 beds
    Milton real estate›W13545396
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to this spacious and sun filled freehold 3 storey townhouse in the highly sought after family friendly Coates neighbourhood in Milton, ideally situated across from Winn Park and a serene wooded trail system with picturesque escarpment views and just a short walk to Sixteen Mile Creek. Enjoy the convenience of nearby grocery stores, restaurants, public transit, and top-rated schools. The Milton Sports Centre is also nearby with ice rinks, swimming pool, gym, fitness studio and a running track for your enjoyment! Designed with both style and functionality in mind, this home features a well-designed layout with a keen attention to space planning and the flow of daily life. The modern kitchen is complete with a gas range, stainless steel appliances, quartz countertops and oversized eat-on island, a stylish backsplash, pot lights, and California shutters throughout. Walk out to a large sun filled deck to BBQ and entertain. Custom built-in shelving in the living room, office den, laundry room, and closets provides exceptional storage and organization. A primary bedroom retreat to accommodate a king sized bed, a large walk in closet and private ensuite bathroom with a window. The second and third bedrooms are balanced in size and the optional Murphy bed allows for many uses in this room. Note there is no basement which allows for a generous entry area through the versatile ground floor. You'll discover the incredible potential to create a private suite for in-laws, adult children, or extended family, with rough-ins already in place. Outside, enjoy a spacious front patio for morning coffee along with a double car garage and parking for a total of three vehicles. Offering an exceptional combination of location in this tucked away pocket of Gervais Terrace, a thoughtful floor plan, and multiple upgrades, this is a home you'll be proud to call your own.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 9, 2026ListedCurrentFor sale$859,900 —W13545396This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 553 Gervais Terrace
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Level
    • Public Transit
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,224
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $315
    0.44% mill rate · ON
    The market

    How this home sits in the Milton market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Milton market right now

    Average sold price, days on market, and closed-transaction count for Milton — sourced from MLS®.

    • Avg sold price
      $995,403
      Last 30 days
    • Median sold price
      $905,000
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      439
      MLS® transactions
    Full Milton market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 553 Gervais Terrace — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 553 Gervais Terrace and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 553 Gervais Terrace listed for?

      553 Gervais Terrace is listed at $859,900 on the MLS® (listing W13545396). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 553 Gervais Terrace have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 1500-2000 sqft
  3. Att/Row/Townhouse
  4. Built 16-30
  5. Asking
    $859,900
    $0 / sqft · MLS® W13545396
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $995,403
    $915,771Confidence range$1,075,035
    Asking vs estimate
    ↓below
    −$135,503
    (-13.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Milton sell in about 30 days — this one has been listed 2 days.

    Avg sold price
    $995,403
    Median sold
    $905,000
    Avg days on market
    30
    Recently sold
    439
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Enjoy the convenience of nearby grocery stores, restaurants, public transit, and top-rated schools.
    • The modern kitchen is complete with a gas range, stainless steel appliances, quartz countertops and oversized eat-on island, a stylish backsplash, pot lights, and California shutters throughout.
    • Walk out to a large sun filled deck to BBQ and entertain.
    • Outside, enjoy a spacious front patio for morning coffee along with a double car garage and parking for a total of three vehicles.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    3
    Driveway
    1
  8. Interior

    5
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Main Level
  9. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Park/Greenbelt
    Pool
    None
  10. Lot & land

    1
    Year built
    16-30
  11. Listing & possession

    3
    Occupancy
    60/TBA
    Property style
    3-Storey
    Property class
    Att/Row/Townhouse
  12. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Ground level

    2 rooms
    • Laundry
      8.1 × 6.2 ft
    • Family Room
      laminate · large window
      14.3 × 16.1 ft

    Second level

    4 rooms
    • Kitchen
      laminate · stainless steel appl · walk-out
      15.2 × 14.2 ft
    • Dining Room
      laminate · overlook patio
      12.7 × 6.4 ft
    • Living Room
      laminate · large window
      18.1 × 12.6 ft
    • Office
      laminate · window
      5.6 × 5.1 ft

    Third level

    3 rooms
    • Bedroom
      3 pc ensuite · walk-in closet(s)
      14.6 × 12.6 ft
    • Bedroom 2
      laminate · closet · window
      9.6 × 9.1 ft
    • Bedroom 3
      laminate · closet · window
      9.6 × 9.6 ft
  13. School
  14. Rec./Commun.Centre
  15. Combined estimate
    $4,539
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,224
    /mo
    based on the purchase price of $859,900
    $171,980 cash
    $687,920 financed
    $579,409 total interest
    Monthly payment$4,224/ month
    Principal54%$687,920
    Interest46%$579,409

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable att/row/townhouses that just sold in Milton

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1250 Restivo Lane
      Sold
      Sign in for price
      1250 Restivo Lane
      Att/Row/Townhouse
    • 610 Holly Avenue
      Sold
      Sign in for price
      610 Holly Avenue
      Att/Row/Townhouse
    • 521 Cavanagh Lane
      Sold
      Sign in for price
      521 Cavanagh Lane
      Att/Row/Townhouse
    • 1000 Asleton Boulevard
      Sold
      Sign in for price
      1000 Asleton Boulevard
      Att/Row/Townhouse
    • 557 Speyer Circle
      Sold
      Sign in for price
      557 Speyer Circle
      Att/Row/Townhouse
    • 644 Scott Boulevard
      Sold
      Sign in for price
      644 Scott Boulevard
      Att/Row/Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    553 Gervais TerraceThis home3 / 315,002,000$859,900ask———
    1250 Restivo Lane3 / 31,500—
    610 Holly Avenue3 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More att/row/townhouses in Milton

    Active listings within ±20% of this asking price.

    • 443 Cavanagh Lane
      $849,000
      443 Cavanagh Lane
      Att/Row/Townhouse 3 3
    • 1702 Dance Court
      $899,100
      1702 Dance Court
      Att/Row/Townhouse 3 3
    • 1411 Mcdermott Way
      $829,900
      1411 Mcdermott Way
      Att/Row/Townhouse 3 3
    • 95 Waters Boulevard
      $849,000
      95 Waters Boulevard
      Att/Row/Townhouse 3 4
    • 655 Murray Meadows Place
      $889,900
      655 Murray Meadows Place
      Att/Row/Townhouse 3 4
    • 1621 Gainer Crescent
      $810,000
      1621 Gainer Crescent
      Att/Row/Townhouse 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RE/MAX HALLMARK REALTY LTD. · displayed on Summitly per MLS® data-share rules

    553 Gervais Terrace is a 3-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 553 Gervais Terrace built?

    553 Gervais Terrace was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 553 Gervais Terrace?

    The 'Property tax' tab in the History section shows the most recent annual tax for 553 Gervais Terrace plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 553 Gervais Terrace?

    The affordability calculator on this page shows an estimated monthly mortgage for $859,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 553 Gervais Terrace been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 553 Gervais Terrace with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 553 Gervais Terrace in?

    553 Gervais Terrace is in Coates, Milton. The 'Neighbourhood' section below links to the live Milton real estate hub with average sold price, days on market, and current inventory.

  25. Is Milton a good place to live?

    Milton is one of ON's actively-tracked Summitly markets. The full Milton real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 521 Cavanagh Lane
    3 / 2
    1,100
    —
    1000 Asleton Boulevard4 / 41,500—
    557 Speyer Circle2 / 2700—
    644 Scott Boulevard4 / 31,500—