1566 Somergrove Cres

FOR SALE
$1,099,000
1566 Somergrove Cres, Pickering
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
1566 Somergrove Cres
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
E11951198
MLSID
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Property Description
Welcome to 1566 Somergrove Crescent! This charming 4-bedroom home is on a corner lot and offers great value in a highly sought-after family-friendly neighborhood. Nestled in the heart of Pickering, this residence combines the best of both worlds comfortably established with timeless appeal, while still offering plenty of potential for personalization. The home boasts well maintained hardwood floors and spacious layout features generously sized rooms, including four bedrooms that can comfortably accommodate a growing family. While the home maintains a classic charm, its in good shape overall and is ready for you to make it your own. The well-maintained exterior and classic design give a warm, welcoming first impression. The surrounding area enhances the appeal of this home. Located in a quiet, tree-lined crescent, you'll enjoy the tranquility of suburban living while still being just moments away from local parks, excellent schools, and shopping options. Pickering Town Centre and the 401 are easily accessible, providing quick connections to the rest of the Greater Toronto Area. The proximity to beautiful Lake Ontario means you can enjoy scenic views and outdoor recreation just a short drive away. Whether you're looking to move in right away or invest in a property with great potential, 1566 Somergrove Crescent is a perfect fit. This is your chance to own in one of Pickering's most desirable neighborhoods. Don't miss out, book your showing today!
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
44' x 101'
Fronting
West
Taxes
$5,911 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Pickering Market Statistics
Pickering Price Trend
1566 Somergrove Cres is a 4-bedroom 3-bathroom home listed for sale at $1,099,000, which is $233,095 (17.5%) lower than the average sold price of $1,332,095 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Pickering increased by $57,301 (4.5%) compared to the previous 30 day period (November 19 - December 18) and up $111,120 (9.1%) from the same time one year ago.
Inventory Change
There were 18 4-bedroom homes listed in Pickering over the last 30 days (December 19 - January 17), which is down 59.1% compared with the previous 30 day period (November 19 - December 18) and down 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold ($32,590) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $26,870 decrease compared to the previous 30 day period (November 19 - December 18) and ($48,305) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Pickering over the last 30 days (December 19 - January 17) stood at 116.7%, up from 77.3% over the previous 30 days (November 19 - December 18) and up from 90.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Pickering stood at 51 days when successfully sold over the last 30 days (December 19 - January 17), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cppi Realty Inc.
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