351 Main Street, Southgate, ON

$514,900
MLS#:X8466038
2 beds
1 baths
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Southgate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $514,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 86 x 169 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • Efficient forced air heating via gas

Description

Welcome to 351 Main Street East, Dundalk, ON a charming family home featuring 2 bedrooms and an office/den, perfect for versatile living. The large in-town lot has tons of space and a detached garage/shop. The inviting kitchen boasts laminate floors, stainless steel appliances, a spacious dining area, and a built-in desk, with easy access to a side porch/mudroom, ideal for storage or extra sitting space. The family room, complete with a cozy fireplace, opens to a deck, providing a perfect spot for relaxation. A large living room offers access to the front porch, enhancing the home for a future usable space or an additional sitting area. Additionally, a generous laundry room with built-in cabinets adds to the convenience of this lovely home.

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Property Summary

This detached home located at 351 Main Street, Southgate is currently for sale and has been available on SousaSells for 751 days. This property is listed at $514,900 with an estimated mortgage of $1,714* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 351 Main 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
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementCrawl Space
Lot Size86 × 169 Feet
CountyGrey County
Annual Tax$2,474.72
Legal DescriptionLT 1-2 BLK N PL 480 DUNDALK; SOUTHGATE

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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351 Main 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 351 Main Street E, 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$154,470 (30.0%)
* Minimum Canadian down payment required for this price is $26,490.
Amortization Period30 Years
Estimated Monthly Payment$1,714Based on a loan of $360,430 over 30 years.
Purchase Price$514,900
Loan Amount$360,430
Provincial Land Transfer Tax:$6,773
Total Estimated Closing Taxes:$6,773

About Purchasing a Home in Southgate, ON

For a property listed at $514,900 in Southgate, the legal minimum down payment is $26,490 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 $6,773 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 $6,773.

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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.