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  • Ontario
  • Richmond Hill
  • Observatory
  • 47 Somerset Crescent
47-somerset-crescent-richmond-hill-ontario-n12334779
47-somerset-crescent-richmond-hill-ontario-n12334779
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  • Sold Sold in Sep 2025
  • Detached

47 Somerset Crescent

Richmond Hill, Observatory
  • 4 + 1 Bedrooms
  • 4 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 1,567,000
1.32%
Listed Price: $ 1,588,000
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Room Details of 47 Somerset Crescent, Richmond Hill

FloorBedroomsBathrooms
Basement 1 1
Ground * 1
Second 4 2

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Key Facts About 47 Somerset Crescent, Richmond Hill

  • Tax $8,159 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style 2-Storey
  • Size 2500 - 3000 feet²
  • Lot Size 50.43 x 122.94 feet
  • Parking 2 garage, 2 parking
  • Basement Finished
  • Listing # N12334779
  • Data Source PROPTX
  • Days on Market 35
  • Listed On 09/08/2025
  • Updated On 21/09/2025
  • Market Demand
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Description

Bright, Sun-Filled Home in the Prestigious Observatory CommunitySurrounded by multi-million-dollar residences in the heart of Richmond Hill, this exceptional property sits on a premium 50 x 122 ft lot. Offering over 4,000 sq. ft. of total living space. a fully finished basement), this home boasts a spacious and functional layout perfect for modern family living.Step into the grand foyer with its soaring ceilings, skylight, and extra windows that flood the home with natural light. The chef-inspired kitchen features brand-new quartz countertops,

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Property Details of 47 Somerset Crescent, Richmond Hill

Property

  • Property Type Detached
  • Style 2-Storey
  • Fronting On S
  • Community Observatory
  • Municipality Richmond Hill

Inside

  • Bedrooms 4
  • Bathrooms 4
  • Bathroom Details 1, 5pc Second
  • Bathroom Details 1, 5pc Second
  • Bathroom Details 1, 2pc Main
  • Bathroom Details 1, 4pc Basement
  • Basement Finished
  • Kitchen 1
  • Rooms 9
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 2500 - 3000 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Brick

Parking

  • Drive Way Private Double
  • Garage Type Attached
  • Garage 2
  • Parking Places 2
  • Total Parking Places 4

Land

  • Sewer Sewer
  • Frontage 50.43
  • Depth 122.94
  • Zoning Single Family
  • Lot Size 50.43 x 122.94 feet
  • Lot Size Code Feet
  • Cross Street Bayview Ave/16th Ave

Features

  • Fenced Yard Y
  • Park Y
  • School Y

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Our Estimate

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Estimated Rent

$ 4,862

Rental Yield

2.82%

School Score

8.9/10

Rental Score

1.5/5

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Rooms

Living Room (6X3.45 metre)
Living Room
Level: Main
Dining Room (4.7X3.45 metre)
Dining Room
Level: Main
Family Room (5.8X3.76 metre)
Family Room
Level: Main
Kitchen (6.4X3.95 metre)
Kitchen
Level: Main
Breakfast (6.4X3.96 metre)
Breakfast
Level: Main
Primary Bedroom (5.56X3.9 metre)
Primary Bedroom
Level: Second
Bedroom 2 (4.45X3.3 metre)
Bedroom 2
Level: Second
Bedroom 3 (4.3X3 metre)
Bedroom 3
Level: Second
Bedroom 4 (3.4X3.3 metre)
Bedroom 4
Level: Second
Recreation (7.6X4.6 metre)
Recreation
Level: Basement
Bedroom 5 (4.5X3.4 metre)
Level: Basement

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 47 Somerset Crescent, Richmond Hill

Introducing a remarkable house for sale in Richmond Hill , located at 47 Somerset Crescent, Richmond Hill. This splendid detached residence is situated in the prestigious Observatory community, surrounded by multi-million-pound homes, providing an enviable lifestyle for its future occupants. The property boasts a generous lot size of 50 x 123 feet and offers over 4,000 square feet of total living space, including a fully finished basement. This house for sale in Richmond Hill presents an ideal opportunity for modern family living, featuring a spacious and functional layout that caters to contemporary needs.

As you enter the home, you are greeted by a grand foyer adorned with soaring ceilings and an abundance of natural light streaming through the skylight and extra windows. The bright, sun-filled atmosphere is immediately inviting, setting the tone for the rest of the house. The main floor is thoughtfully designed, showcasing a chef-inspired kitchen that is perfect for culinary enthusiasts. This kitchen features brand-new quartz countertops, a stylish backsplash, and high-quality stainless steel appliances, including a brand-new range hood, ensuring that every cooking experience is a delight.

The main floor also includes a family room, which serves as an excellent space for relaxation and entertainment. The house for sale in Richmond Hill is freshly painted throughout the main and second floors, complemented by brand-new carpeting upstairs, providing a clean and modern aesthetic. The layout of the home is enhanced by a total of nine rooms, which include four spacious bedrooms and a den, offering ample space for a growing family or for those who work from home.

The primary suite is a true retreat, featuring double walk-in closets designed for both him and her, along with a luxurious spa-like ensuite bathroom. This sanctuary provides a perfect escape after a long day, ensuring comfort and tranquillity. The additional three bedrooms are generously sized, making them ideal for family members or guests.

One of the highlights of this house for sale in Richmond Hill is the sunny south-facing backyard, which offers a wonderful outdoor space for relaxation and gatherings. The interlock driveway leads to an attached garage that accommodates two vehicles, with additional parking space available on the private double driveway. This property is designed for convenience, with a forced air heating system and central air conditioning, ensuring comfort throughout the year.

For those who value connectivity, this home is equipped with internet access, making it suitable for modern living. However, it is important to note that there is no central vacuum system in place. The property is connected to municipal water and sewer services, providing peace of mind regarding essential utilities.

Recent updates to the house include a new roof installed in 2018 and a furnace replacement in 2017, ensuring that the home is well-maintained and ready for its new owners. The location of 47 Somerset Crescent, Richmond Hill, is particularly advantageous, as it falls within the Bayview Secondary School zone, making it an ideal choice for families with school-aged children. Public transit is just steps away, and the property is conveniently located near Observatory Park, as well as being only minutes from Highway 404, Highway 407, and major shopping centres.

In summary, this exceptional house for sale in Richmond Hill at 47 Somerset Crescent, Richmond Hill, offers an unparalleled living experience in a sought-after community. With its spacious layout, modern amenities, and prime location, this home is poised to meet the needs of discerning buyers looking for a blend of luxury and practicality. Don’t miss the opportunity to make this stunning property your new home.

The Community Observatory in Richmond Hill is a vibrant and engaging geographic hub that serves as a focal point for residents and visitors alike. Nestled amidst the picturesque landscapes of the area, it offers a unique blend of natural beauty and urban convenience. The Observatory features well-maintained parks, walking trails, and recreational facilities, making it an ideal spot for outdoor enthusiasts and families. With its diverse array of community events, educational programmes, and cultural activities, the Observatory fosters a strong sense of belonging and connection among its residents, while also providing a welcoming atmosphere for newcomers. This dynamic area truly embodies the spirit of Richmond Hill, making it a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Sixteenth Avenue Public School, an elementary school offering grades JK to 8, just 0.8 km away, with a commendable school rating of 8.6. Doncrest Public School, also an elementary institution, is located 1.3 km away and offers French language instruction for Grade 1, boasting a high rating of 9.2. For secondary education, Bayview Secondary School is only 2.3 km from the property, rated at an impressive 9.4, catering to grades 9 to 12. Additionally, Langstaff Secondary School, located 3.0 km away, provides a French curriculum for older students, although it has a lower rating of 5.8. There are also Catholic educational options, such as Christ the King Catholic Elementary School and Our Lady Queen of the World Catholic Academy, both within 3.1 km, offering grades from JK to 12. Overall, the proximity to these schools ensures quality education options in both public and Catholic systems, catering to diverse language preferences and educational needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 418 residents. The average household consists of three members, and the median age is approximately 46.8 years. The community enjoys a high average household income of $150,000, with only 6.4% of the population classified as low-income. The housing market reflects this affluence, with an average property price of $1,580,000. Approximately 50% of households include children, indicating a family-friendly environment, while 32.88% of the population is single. The area is notably diverse, with 61.18% of residents being immigrants, contributing to a rich cultural tapestry. The rental market is limited, with only 7.41% of residents renting, which aligns with the presence of condos, also at 7.41%. Education levels are high, with 74.65% of the population holding college or university degrees. However, a significant portion, 38.03%, is not in the labor force, which may reflect a mix of retirees and those pursuing education or other interests. Overall, this community offers a blend of affluence, diversity, and family-oriented living.

FAQs About 47 Somerset Crescent, Richmond Hill

How many bathrooms does this property have?

This property features 4 bathroom(s) and 4 bedroom(s).

Does this 4 bedroom property have additional bedrooms or a den?

This Detached property includes 1 additional bedrooms.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 4 bed property in Richmond Hill is 2500 - 3000.

How many parking spaces are available with this property?

47 Somerset Crescent boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 47 Somerset Crescent?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Attached garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 47 Somerset Crescent, Richmond Hill

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Listing History

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