1566 Somergrove Cres
Brock Ridge, Pickering, L1X 2J4
FOR SALE
$1,049,000

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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!
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Property Details
Street
Community
City
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
Garage Type
Attached
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Pickering Market Statistics
Pickering Price Trend
1566 Somergrove Cres is a 4-bedroom 3-bathroom home listed for sale at $1,049,000, which is $191,208 (15.4%) lower than the average sold price of $1,240,208 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Pickering declined by $156,325 (11.2%) compared to the previous 30 day period (December 22 - January 20) and down $78,958 (6.0%) from the same time one year ago.Inventory Change
There were 54 4-bedroom homes listed in Pickering over the last 30 days (January 21 - February 19), which is up 145.5% compared with the previous 30 day period (December 22 - January 20) and up 107.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold $11,483 (0.9%) above asking price over the last 30 days (January 21 - February 19), which represents a $45,743 increase compared to the previous 30 day period (December 22 - January 20) and ($26,199) 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 (January 21 - February 19) stood at 22.2%, down from 68.2% over the previous 30 days (December 22 - January 20) and down from 57.7% 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 10 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Cppi Realty Inc.
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