58 Somerset Crescent, Richmond Hill, ON
Property no longer active
This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.
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 $1,700,000 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 2500-3000 sqft on a premium 52.54 x 110.84 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning Home Prestigious Richmond Hill Neighbourhood. Welcome To This Spacious Residence Offering Thoughtfully Designed Layout Perfect For Todays Modern Lifestyle. Step Through The Double Door Entry Into A Grand Foyer With Soaring Open-to-Above Ceilings, Setting The Tone For Sophistication Found Throughout The Home. The Kitchen Features Stainless Steel Appliances, Stylish Tile Flooring, and Overlooks a 3-Tiered Deck In A Beautifully Landscaped, Private Backyard Ideal for Relaxation & Entertaining. Enjoy Smooth Ceilings, Crown Moulding, And Hardwood Floors Throughout, Creating a Seamless and Polished Look. The Family Room Offers a Cozy Fireplace, Perfect For Unwinding After a Long Day. The Primary Suite Features a Luxurious 6-Piece Ensuite and Two Walk-In Closets, Providing Both Comfort and Convenience. The Professionally Finished Basement Is Designed for Entertaining, Featuring a Spacious Recreation Room, Wet Bar, Pot Lights, Additional Bedroom, and a Modern 3-Piece Bathroom. Other Notable Features Include: Updated Windows and Roof, Fresh Paint Throughout, and an Interlocking Driveway That Enhances the Curb Appeal. Located Minutes from Top-Ranking Bayview Secondary School, Parks, Shops, Community Centres, and With Easy Access to Hwy 404 & 407 This Home Has It All! Don't Miss This Exceptional Opportunity!
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Property Summary
This detached home located at 58 Somerset Crescent, Richmond Hill is currently for sale and has been available on SousaSells for 407 days. This property is listed at $1,700,000 with an estimated mortgage of $5,659* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 58 Somerset Crescent, Richmond Hill is in the Observatory neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Observatory, Richmond Hill.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Observatory, Richmond Hill.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 58 Somerset Crescent, Richmond Hill, ON
Q.What is the asking price for 58 Somerset Crescent, Richmond Hill, ON ?
The current listing price for 58 Somerset Crescent, Richmond Hill, ON in Observatory, Richmond Hill is $1,700,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 58 Somerset Crescent, Richmond Hill, ON ?
58 Somerset Crescent, Richmond Hill, ON is a Detached (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 58 Somerset Crescent, Richmond Hill, ON L4C 8N7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,700,000 in Richmond Hill, the legal minimum down payment is $340,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,475.
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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.