515 Main Street, Southgate, ON

$549,999
MLS#:X8435698
3 beds
4 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Southgate. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $549,999 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 4 Bathrooms
  • Premium 27.81 x 332.54 ft lot size
  • Features a finished 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: Sump Pump, Carpet Free, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 515 Main Street E located in the charming town of Dundalk! Beautifully kept newer 2-storey house with over ****1800 sq ft of above grade living space PLUS a finished basement**** This carpet-free home has been professionally painted and is ready for the next family to move-in and enjoy! Main floor has a practical, airy, and open-concept layout with kitchen, living, dining & breakfast areas filled with natural daylight. Step-out through the large patio door to your private backyard oasis situated on this incredible **330 feet deep lot** complete with a deck, gas hook-up for BBQ & a large green space. The expansive second floor has a bright master bedroom with a large walk-in closet, separate linen closet & an ensuite bathroom. Two other spacious bedrooms, a nook for your home-office/study, a 4pc main bathroom & a convenient 2nd floor laundry truly make this home hard to miss. Do not forget the basement finished with plenty of recreation space, a gas fireplace & another 2 pc bath!! The attached garage (with entry from inside home) and an extended concrete driveway allows up to 3 car parking total. HWT, Furnace and A/C are all owned, so no monthly rental fees to worry about for them. Close to all amenities: Groceries, School, Community Center, Gas station *** Seller reserves the right to review, accept or reject any offers without notice ***

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Property Summary

This detached home located at 515 Main Street, Southgate is currently for sale and has been available on SousaSells for 759 days. This property is listed at $549,999 with an estimated mortgage of $1,831* per month. It has 3 beds, 4 bathrooms, and is unknown square feet. 515 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
3
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 28, 2024
Sold price information is available to members only
Listed Date6/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionVinyl Siding, Stone
BasementFinished
Lot Size27.81 × 332.54 Feet
CountyGrey County
Annual Tax$3,625.26
Legal DescriptionPART LOT 231 CONCESSION 1 SWTSR PROTON, PART 1 16R11012 TOWNSHIP OF SOUTHGATE

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, School, Rec./Commun.Centre

Interior Features

Sump Pump, Carpet Free, Water Heater Owned

Security Features

Community Features

Location

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515 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 515 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$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $384,999 over 30 years.
Purchase Price$549,999
Loan Amount$384,999
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Southgate, ON

For a property listed at $549,999 in Southgate, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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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.