$1,499,000 - 75 Somerset Crescent, Richmond Hill
Detached for Sale in Richmond Hill
New — Listed yesterdayNeighbourhood: Observatory
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- MLS Number
- N13868286
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $8,638
- Listing Brokerage
- PROHOME REALTY
Welcome To 75 Somerset Crescent, A Fully Renovated & Remodeled Family Home (2024), Situated On An Exceptional 45' X 150' Deep Lot In The Prestigious Observatory Community. Offering Nearly 4,000 Sq. Ft. Of Total Living Space, This Spacious 4+2 Bedroom, 4-Bathroom Home Features A Functional And Flexible Layout, Perfect For Growing And Multi-Generational Families.The Main Floor Features Elegant Living And Dining Areas, Hardwood Flooring, Smooth Ceilings, Refined Lighting And A Spacious Modern Kitchen With Centre Island, Ample Cabinetry And Walkout To The Backyard. A Rare Main-Floor 3-Piece Bathroom Adds Exceptional Flexibility, While The Spacious Family Room Can Easily Be Converted Into An Additional Main-Floor Bedroom, Ideal For Seniors, Guests Or Extended Family.Upstairs, The Expansive Primary Retreat Features A Walk-In Closet, 5-Piece Ensuite And Marble Fireplace. Three Additional Generously Sized Bedrooms Provide Plenty Of Space For The Entire Family. The Fully Finished Basement Further Extends The Living Space With A Large Recreation Area, 2 Additional Bedrooms, Full Bathroom And Flexible Space For A Home Office, Gym Or Guest Suite.One Of The Home's Standout Features Is The Rare 150-Ft Deep Lot And Expansive, Low-Maintenance Backyard. The Large Paved Area Is Perfect For Basketball, Outdoor Play, Entertaining And Family Gatherings, With No Lawn Maintenance Required. Double-Car Garage And Generous Driveway Provide Ample Parking.Fully Renovated & Remodeled Throughout In 2024. Major Updates Also Include Roof (Oct 2022) And Furnace (Dec 2025). Ideally Located Steps To Observatory Park, Public Transit And Everyday Amenities, Within The Highly Sought-After Bayview Secondary School District, And Minutes To Shopping, Restaurants, Hwy 404 & 407. A Move-In Ready Home Offering Exceptional Space, Flexibility And Value In One Of Richmond Hill's Most Desirable Communities.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Observatory
Observatory is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Observatory
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Observatory offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
75 Somerset Crescent, Richmond Hill
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Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Richmond Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Richmond Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Richmond Hill.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Observatory
I know Observatory well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.