Detached House for sale at 47 Somerset Crescent, Richmond Hill, Ontario, L4C 8N5 - Observatory - MLS: N12144341

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47 Somerset Crescent

Richmond Hill, Ontario, L4C 8N5 - Observatory

$1,668,000

Virtual Tour

Neighbourhood

Observatory
Major Intersection

Bayview Ave/16th Ave

Listed Since: 70 day(s)
Last update: 44 day(s) ago

Virtual Tour

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

4
Basement

Finished
Kitchen

1
Total Parking

4 (2 Attached Garage)
Lot Size

50.43x122.94 (Feet)
Taxes

$7,917.00 (2024)
Type

Freehold

Property Description

Property description for 47 Somerset Crescent, Richmond Hill

Bright nature sun-filled home in Observatory community surrounded by multi-million dollar homes in the center of Richmond Hill. Premium 50*122 lot. Spacious and functional layout approx over 4000 sqft (approx 2800 sqft above grade + bsmt) finished living space. Soaring ceiling in the hallway with skylight and extra windows make for more natural lights. Brand new counter top and backsplash, Stain Steels appliances in the kitchen: Brand new Range Hood. Freshly painted wall on both main and second floors and brand new carpet on 2nd floor. Prime bedroom with double walk-in closets for her and him. Backyard facing to south. Lots of pot light. Interlock driveway. Roof 2018.Furnace 2017. Steps to public transit bus. Bayview Secondary School zone. Observatory park. few minutes to 404 / 407 and shopping mall. Unfurnished! Virtual staging is displayed for marketing purpose.

Listed by HOMELIFE GOLCONDA REALTY INC.

Property details

MLS #

N12144341
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

N12144341
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

Attached, 2 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.0 x 3.45 ft Main level

hardwood floor, Bay Window
Dining

4.7 x 3.45 ft Main level

Hardwood Floor
Family

5.8 x 3.76 ft Main level

hardwood floor, Fireplace
Kitchen

6.4 x 3.95 ft Main level

Custom Counter, Stainless Steel Appl, Backsplash
Breakfast

6.4 x 3.96 ft Main level

Ceramic Floor, Combined W/Kitchen
Primary

5.56 x 3.9 ft 2nd level

W/I Closet, 4 Pc Ensuite, W/I Closet
2nd Br

4.45 x 3.3 ft 2nd level

Closet
3rd Br

4.3 x 3.0 ft 2nd level

Closet
4th Br

3.4 x 3.3 ft 2nd level

French Doors
Rec

7.6 x 4.6 ft Bsmt level

Laminate, Fireplace
5th Br

4.5 x 3.4 ft Bsmt level

Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Open house for 47 Somerset Crescent, Richmond Hill

Property History

Property history for 47 Somerset Crescent, Richmond Hill

This property has been sold 11 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Local Real Estate Price Trends for Detached in Observatory

Active listings

Average Selling Price of a Detached

June 2025

$1,662,500

Last 3 Months

$2,232,667

Last 12 Months

$2,221,800

June 2024

$1,927,500

Last 3 Months LY

$2,360,167

Last 12 Months LY

$2,167,486

Change

-14%

Change

-5%

Change

Number of Detached Sold

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

-50%

Change

-40%

Change

-33%

How many days Detached takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

-61%

Change

16%

Change

65%

Average Selling price

Inventory Graph

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.