116 Morgan Avenue, Southgate, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Southgate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 19.69 x 98.43 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Motivated seller! This 3-bedroom, 2-bath home offers 1,650 sq. ft. of total living space and is an ideal opportunity for first-time buyers or anyone looking to add their personal touch. The main floor features a bright, functional layout, with spacious rooms that allow for easy customization. The unfinished basement provides additional potential for living space, whether for a recreation room, home office, or extra storage.Located in the developing Southgate area of Dundalk, this home is situated in a growing neighborhood with great future potential.With the area's increasing demand for rental properties, this home also offers strong rentalpotential, making it an excellent investment opportunity. Don't miss out on this chance & schedule a showing today!
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Property Summary
This townhouse located at 116 Morgan Avenue, Southgate is currently for sale and has been available on SousaSells for 232 days. This property is listed at $479,999 with an estimated mortgage of $1,598* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 116 Morgan Avenue, Southgate is in the Southgate neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 116 Morgan Avenue, Southgate, ON N0C 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Southgate, ON
For a property listed at $479,999 in Southgate, the legal minimum down payment is $24,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,075 for this transaction. As this listing is in Southgate (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,075.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.