75 Somerset Cres

FOR SALE
$2,338,000
75 Somerset Cres, Richmond Hill
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
75 Somerset Cres
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
N8201546
MLSID
Contact Us
Property Description
Welcome To 75 Somerset Crescent In The Heart Of Observatory. This Stunning 4+1 Bedroom Home Has Been Fully Renovated And Remodeled Throughout. No Expense Spared! Incredible Open Concept Layout With Tons Of Living Space, Perfect For Entertaining. The Amazing Modern Kitchen Features Top Of The Line Finishes, S/S Appliances, Tons Of Storage & Counter Space Plus A Large Breakfast Area Overlooking The Backyard. You Will Also Find A Cozy Family Room W/Fireplace Surround. Gleaming Hardwood Floors! Upstairs, You Will Find A Beautiful Primary Bedroom Suite Featuring A walk in closet space. The 3 Other Bedrooms Are Large In Size! The Finished Basement Features A Large Rec Room, Lots Of Storage Space, a bedroom with walk-in closet, And A Full Bathroom! The Backyard Is A Great Space To Enjoy. Incredible Location! Walking Distance To Schools, Parks, Public Transit, Supermarkets, Community Centers & More! Don't Miss Out On This. Opportunity! Just Move In And Enjoy!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-04 2024-04-05 61 $2,288,000 - Terminated
2024-02-04 2024-04-05 61 $2,288,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
45' x 150'
Fronting
East
Taxes
$8,104 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.32' x 19.03'Wall Sconce Lighting, Hardwood Floor, Moulded Ceiling
DiningMain11.48' x 15.06'French Doors, Hardwood Floor, Moulded Ceiling
FamilyMain11.35' x 14.40'Hardwood Floor, Marble Fireplace, Moulded Ceiling
Prim Bdrm2nd16.83' x 22.70'5 Pc Ensuite, Marble Fireplace, W/I Closet
Br2nd12.27' x 16.08'Double Closet, Hardwood Floor, Semi Ensuite
Br2nd10.76' x 12.80'Hardwood Floor, Window
Br2nd10.76' x 12.80'Hardwood Floor, Closet, Window
BrBsmt10.76' x 22.57'W/I Closet, Window
ExerciseBsmt11.48' x 17.06'Open Concept, Coffered Ceiling, Window
Richmond Hill Market Statistics
Richmond Hill Price Trend
75 Somerset Cres is a 4-bedroom 4-bathroom home listed for sale at $2,338,000, which is $383,468 (19.6%) higher than the average sold price of $1,954,532 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill declined by $6,241 (0.3%) compared to the previous 30 day period (March 1 - March 30) and up $75,653 (4.0%) from the same time one year ago.
Inventory Change
There were 159 4-bedroom homes listed in Richmond Hill over the last 30 days (March 31 - April 29), which is up 17.8% compared with the previous 30 day period (March 1 - March 30) and up 43.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $45,222 (2.3%) above asking price over the last 30 days (March 31 - April 29), which represents a $31,299 decrease compared to the previous 30 day period (March 1 - March 30) and $98,103 less 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 4-bedroom homes in Richmond Hill over the last 30 days (March 31 - April 29) stood at 48.4%, down from 50.4% over the previous 30 days (March 1 - March 30) and down from 75.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (March 31 - April 29), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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