49 Somerset Crescent, Richmond Hill, ON

$1,499,999
MLS#:N13245632
4 beds
4 baths
3000-3500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Observatory. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 46.68 x 120.44 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Step Inside To A Soaring Two-Storey Skylit Foyer Where A Sculptural Curved Oak Staircase And A Cascade Of Designer Pendants Make An Unforgettable First Impression. Tucked Onto A Private, Mature Tree-Lined Lot In Richmond Hill's Established Observatory Community, This Beautifully Maintained 3,092 Sq Ft Detached Home + Plus A Fully Finished Basement - Delivers Space, Function And Timeless Style For The Whole Family. The Main Floor Suits Both Everyday Living And Entertaining, With Distinct Formal Living And Dining Rooms In Gleaming Hardwood, A Separate Family Room Anchored By A Floor-To-Ceiling Brick Fireplace And Walkout To The Yard, And A Private Main-Floor Study With Wainscoting. The Renovated Kitchen Is A True Showpiece - High-Gloss Cabinetry, Stone Counters, Full Glass-Tile Backsplash, Stainless Appliances And A Sun-Filled Breakfast Area Opening To The Garden. Upstairs, An Oversized Primary Retreat Offers A Walk-In Closet And Spa-Style 5-Piece Ensuite With Soaker Tub And Separate Shower, Joined By Three More Generous Hardwood Bedrooms And A Full Family Bath. The Finished Lower Level Adds A Fifth Bedroom, A Large Recreation Room With Fireplace And Full Bath - Perfect For Guests, Teens Or In-Law Potential. Outside, A Peaceful Fully Fenced Backyard Is Framed By Mature Trees And A Brick Privacy Wall, With A Stone Patio Made For Summer Entertaining. Complete With Attached Double Garage And Four-Car Parking. Major Updates Provide Peace Of Mind: Furnace (2025), Roof (Within 5 Years) And Central Air. Families Will Love The Location - Steps To Sixteenth Avenue PS (Fraser Institute 8.6/10), And Minutes To Top-Ranked Bayview Secondary School With Its Renowned IB Program, Plus Catholic And French-Immersion Options. Sitting Next To Southview Parkette, With Quick Access To Bayview Shopping, Transit, Richmond Hill GO And Highways 404/407. A Rare Turn-Key Opportunity On A Quiet, Connected Crescent In One Of Richmond Hill's Most Desirable Family Pockets.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size46.68 × 120.44 Feet
CountyYork
Annual Tax$8,704.09
Legal DescriptionPCL 174-1 SEC 65M2051; LT 174 PL 65M2051 ; RICHMOND HILL

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit

Community Features

Location

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49 Somerset Crescent, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 49 Somerset Crescent, Richmond Hill, ON L4C 8N5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,199,999.2
Monthly Mortgage$6,972
Property Tax (Est.)$725
Utilities & Maint.$350
Total Monthly Cost$8,047

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Observatory, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,294,845

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
St Charles Garnier
Public16 Castle Rock Drive, Richmond Hill, Ontario, L4C 5H5
9.3

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Langstaff
Public106 Garden Avenue, Richmond Hill, Ontario, L4C 6M1
5.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.