123 Elm Street, Southgate, ON

$769,900
MLS#:X8456488
4 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Southgate. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $769,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 50.22 x 114.88 ft lot
  • Features a walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 123 Elm Street located in the quaint town of Dundalk. This lovely home is sure to please everyone looking for tons of space to grow. With just under 2500 square feet of finished living space, this home has all the features you need to move right in. Backing onto greenspace which means no neighbors behind and lots of fresh space to make into your own. Inside features a beautiful kitchen with modern appliances, tons of cupboards, plenty of counter space and even a pantry. Bright and beautiful area with the walk out to the yard and space for large kitchen table. Open concept main level has large living room with bright windows, dining room big enough for the largest of families, office with lots of light and of course this level features a 2 piece bathroom. Upstairs has 4 extra large bedrooms, ensuite and main bathroom. On your walk to second level of the home you have areas perfect for sitting areas or another office. Walk out basement awaits all your personal touches as it's a blank canvas. If you're in need of parking, we have a double garage that walks into house and a drive way to fit an additional two cars. What more could you ask for at this incredible value.

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Property Summary

This detached home located at 123 Elm Street, Southgate is currently for sale and has been available on SousaSells for 753 days. This property is listed at $769,900 with an estimated mortgage of $2,563* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 123 Elm Street, Southgate is in the Southgate neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 20, 2024
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementWalk-Out
Lot Size50.22 × 114.88 Feet
CountyGrey County
Annual Tax$4,639
Legal DescriptionLOT 20, PLAN 16M54 SUBJECT TO AN EASEMENT IN GROSS OVER PART LOT 20, PLAN 16M54 BEING PART 2 ON 16R10930 AS IN GY142664 SUBJECT TO AN EASEMENT IN GROSS OVER LOT 20, PLAN 16M54 AS IN GY142681 SUBJECT TO AN EASEMENT FOR ENTRY UNTIL 2023/05/16 AS IN GY154183 TOWNSHIP OF SOUTHGATE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, School, Wooded/Treed

Interior Features

In-Law Capability

Security Features

Community Features

Location

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123 Elm Street, Southgate, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 123 Elm Street, Southgate, ON N0C 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Southgate.

Configure Loan Settings

Interest Rate4.00%
Down Payment$230,970 (30.0%)
* Minimum Canadian down payment required for this price is $51,990.
Amortization Period30 Years
Estimated Monthly Payment$2,563Based on a loan of $538,930 over 30 years.
Purchase Price$769,900
Loan Amount$538,930
Provincial Land Transfer Tax:$11,873
Total Estimated Closing Taxes:$11,873

About Purchasing a Home in Southgate, ON

For a property listed at $769,900 in Southgate, the legal minimum down payment is $51,990 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 $11,873 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 $11,873.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Southgate, Southgate.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$708,539

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.