12 Somerset Cres

South K, London, N6K 3M2
FOR SALE
$999,900
12 Somerset Cres, London
12 Somerset Cres
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
17
ROOMS
X9514132
MLSID
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Property Description
Welcome to your dream home, complete with a private backyard oasis! Located in a fantastic neighbourhood, just a 5-minute walk from Byron Somerset Public School, this home has it all. Inside, natural light fills the space, showcasing California shutters and nearly carpet-free flooring. The living room is beautiful and inviting, while the updated Casey kitchen impresses with granite countertops, an eat-in area, and a formal dining space adorned with wainscoting. Adjacent to the kitchen is a cozy family room with a wood-burning fireplace (inspected in 2022) a true Cadillac of fireplaces. Upstairs, you'll find four spacious bedrooms, two of which feature dual closets and private ensuites, along with an additional 4-piece bathroom. The primary bedrooms ensuite offers a spa-like retreat, complete with a luxurious steam shower and separate vanities. The backyard features a saltwater heated on-ground pool, a gazebo, and a spacious deck, plus a separate area with a shed equipped with hydro and its own panel - perfect for a workshop, Harley storage, or transforming into a poolside cabana. There is also a half-court to play a 3 on 3 basketball game and a dog run. Additional highlights include a full basement with another bedroom, a double-car garage with main-level access, a laundry chute for added convenience, and ample storage throughout. This home offers the perfect blend of relaxation and convenience, nestled in a highly sought-after neighbourhood.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-04 2024-10-28 24 $1,049,900 - Terminated
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
58' x 120'
Acreage
< .50
Lot Irregularities
60.16 x105.11x 58.21x 120.34 x 23.83 ft
Fronting
North
Taxes
$6,095 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.39' x 17.62'
DiningMain11.91' x 13.39'
KitchenMain9.25' x 11.22'
BreakfastMain9.58' x 11.52'
FamilyMain15.35' x 16.17'
Prim Bdrm2nd15.58' x 17.62'
Bathroom2nd11.61' x 11.75'5 Pc Ensuite
Br2nd11.32' x 13.35'
Br2nd10.37' x 12.53'
Br2nd8.92' x 11.19'
RecBsmt13.29' x 21.03'
OfficeBsmt11.12' x 13.02'
London Market Statistics
London Price Trend
12 Somerset Cres is a 4-bedroom 4-bathroom home listed for sale at $999,900, which is $162,515 (19.4%) higher than the average sold price of $837,385 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in London declined by $61,174 (6.8%) compared to the previous 30 day period (September 1 - September 30) and up $22,385 (2.7%) from the same time one year ago.
Inventory Change
There were 161 4-bedroom homes listed in London over the last 30 days (October 1 - October 30), which is down 10.6% compared with the previous 30 day period (September 1 - September 30) and up 705.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in London typically sold ($18,357) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $8,484 increase compared to the previous 30 day period (September 1 - September 30) and ($9,900) less 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 London over the last 30 days (October 1 - October 30) stood at 42.9%, up from 36.1% over the previous 30 days (September 1 - September 30) and up from 35.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in London stood at 30 days when successfully sold over the last 30 days (October 1 - October 30), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Blue Forest Realty Inc.
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