71 Mill Street, Southgate, ON

$1,050,000
MLS#:X8476104
6 beds
4 baths
3500-5000 sqft
10.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Southgate. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,050,000 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.

  • 6 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 90 x 220 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Indulge in the ultimate luxury living experience with this custom bungalow, showcasing 4300 sqft of extraordinary finished space. The grand entrance boasts high ceilings, stone finishes, and a large entertainment-ready living area complemented by a chef's kitchen with walk outs to an incredible back yard. The property includes four spacious bedrooms and four bathrooms; two additional bedrooms rooms currently used as a gym and office .The primary and 2nd bedrooms are on the main level as is the large laundry. There is also a large lower level rec room or family room and storage area. The backyard oasis offers a covered patio, privacy trees, and a rock seating area, an expansive grass area with plenty of room for a pool and spa, providing the perfect setting for relaxation and entertainment. The oversized heated garage features three bay doors, ensuring all your vehicle/truck needs are met and ample space for those shop tools and activities.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 71 Mill Street, Southgate is currently for sale and has been available on SousaSells for 747 days. This property is listed at $1,050,000 with an estimated mortgage of $3,495* per month. It has 6 beds, 4 bathrooms, and is 3500-5000 square feet. 71 Mill 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
6
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionStone, Vinyl Siding
BasementFinished
Lot Size90 × 220 Feet
CountyGrey County
Annual Tax$6,102
Legal DescriptionPT LT 230 CON 1 SWTSR PROTON PT 2 & 3 17R379 TOWNSHIP OF SOUTHGATE

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Primary Bedroom - Main Floor

Security Features

Community Features

Location

Initializing map...
71 Mill Street, Southgate, ON
Loading local market trends...

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 71 Mill Street, Southgate, ON N0C 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$315,000 (30.0%)
* Minimum Canadian down payment required for this price is $210,000.
Amortization Period30 Years
Estimated Monthly Payment$3,495Based on a loan of $735,000 over 30 years.
Purchase Price$1,050,000
Loan Amount$735,000
Provincial Land Transfer Tax:$17,475
Total Estimated Closing Taxes:$17,475

About Purchasing a Home in Southgate, ON

For a property listed at $1,050,000 in Southgate, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.

Similar Listings Nearby

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.