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!
2 bedrooms, 3 bathrooms, about 700 sq ft, works out to roughly $836 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 16 Somerset St
Every detail from the listing, in one place.
Type
Townhouse
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Att/Row/Townhouse
16 Somerset St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,873
/mo
based on the purchase price of $584,900
$116,980 cash
$467,920 financed
$394,111 total interest
Principal54%$467,920
Interest46%$394,111
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Somerset Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 16 Somerset St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 16 Somerset St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in South Huron
Other 1–3 bed homes for sale in South Huron around $585K.
Average days on market65Homes sold in about 65 days on average.
Sale-to-list ratio95.4%On average, homes sold below asking.
Active listings117Homes for sale here right now.
Median vs prior 90 days−11.0%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 60 sales from Jul 24 – Oct 22, 2026 (44 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 16 Somerset St
How much is 16 Somerset St listed for?
16 Somerset St is listed at $584,900 (MLS® X13740766). Summitly updates the price as soon as the MLS® record changes.
Is $584,900 a good price for 16 Somerset St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in South Huron. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 Somerset St changed?
Yes — it was first listed at $599,900 and is now $584,900, a drop of $15,000 (2.5%).
How many bedrooms and bathrooms does 16 Somerset St have?
16 Somerset St has 2 bedrooms and 3 bathrooms, with about 700–1,100 square feet of living space. It is a townhouse in South Huron.
How much would the monthly mortgage be on 16 Somerset St?
About $2,873 a month — principal and interest on $584,900 with 20% down ($116,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 Somerset St compare with other homes in South Huron?
Its asking price of $584,900 is about 31% above the median sold price in South Huron over the last 90 days, $445,000, across 60 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 Somerset St been sold before?
Summitly has no earlier MLS® sale or lease of 16 Somerset St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 Somerset St?
16 Somerset St is in South Huron, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 Somerset St been on the market?
49 days — 16 Somerset St was listed on September 3, 2026.
What is the price per square foot of 16 Somerset St?
About $532 to $836 per square foot: the asking price of $584,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 16 Somerset St have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 16 Somerset St have a basement, and is it finished?
The listing describes the basement as: Finished, Full.
