$584,900

$599,900For salePrice drop↓ $15,000 (3%)

16 Somerset Street, South Huron (Exeter) - Single Family for Sale

16 Somerset Street, South Huron (Exeter), Ontario, N0M1S2

4 beds3 baths3 parking900 ft²42 × 114 ft (4,831 sq ft) lot sizeListed 62 days ago

Overview

This 4-bedroom, 3-bathroom home in South Huron is for sale offering roughly 900 sq ft of space. Listed at $584,900, it is attractively priced about 10% below the $649,000 median asking price in South Huron. It has been on the market 62 days, fresher than the South Huron average of 116 days.

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Description

Welcome to this beautifully updated freehold townhome, an end unit set on a quiet street in a sought after Exeter neighbourhood. With a low monthly fee of $65, your grass and snow removal is fully taken care of, while maintaining 100% interest in your home.With 4 bedrooms and 3 full bathrooms, this home would not only suit retirees looking for main floor living, but a family that could utilize the lower level. The basement is fully finished with a beautiful family room, including a kitchenette, 2 bedrooms, an office space, and a 3 piece bathroom. The main floor features 2 bedrooms, including a primary suite with a 4 piece bathroom, as well as a main 3 piece bathroom, and laundry. The main floor has been freshly painted, with flooring new in 2024. The bright updated kitchen leads to the backyard, which features a newly refreshed deck, as well as a patio and green space. Anyone could enjoy the updates and the low maintenance this home has to offer. Reach out today for more information! (id:66096)

Property Details

MLS®: X13740766
Property Type: Single Family
Zoning: R3
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 3
Parking: 3
Interior Size: 900 ft²
Lot Size: 42 × 114 ft (4,831 sq ft)
Frontage: 42 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Basement

Bedroom 3: 4.05 x 3.51 meters
Bedroom 4: 4.21 x 3.52 meters
Office: 2.51 x 2.02 meters
Utility room: 4.73 x 3.15 meters
Recreational, Games room: 5.19 x 9.29 meters
Bathroom: 2.64 x 2.38 meters

Main level

Living room: 6.95 x 5.79 meters
Dining room: 3.15 x 4.39 meters
Kitchen: 3.95 x 2.51 meters
Primary Bedroom: 4.32 x 3.53 meters

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings, Water Heater
Foundation: Concrete
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

South Huron (Exeter) listings, avg age

116d

Price / ft²

$650

List price

$585K

Homes here sell slower than most markets

Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in South Huron (Exeter) has been listed for 62 days, which is 54 days fresher than the city average of 116. Act while there is still low competition.

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Listed by Royal LePage Heartland Realty · JESS GILL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0M)

This home lists at $584,900, about 6.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $114,251 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $91,000
Population: 69,177
Median age: 46
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N0M)

$584,900· $650/ft²

For sale

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Full Cost Breakdown

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Down Payment5.73% · $33,490.00

Min 5.73%50%

Mortgage payment$3,057/mo

↳ CMHC premium ($22,056 capitalized)

Property tax (est.)$309/mo

Total monthly$3,366

Cash Needed to Close

Down payment (5.73%)$33,490

Land transfer tax$8,173

Est. closing costs$4,255

Total cash needed$45,918

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