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$585,000
Southgate
151 Main Street East, Southgate, Ontario, N0C1B0
This multi-family property in Southgate is for sale offering roughly 2,750 sq ft of space. It has been on the market 19 days, fresher than the Southgate average of 91 days.
Home ownership with options for how you buy and live. This duplex offers two three-bedroom, one-bathroom units, each with its own laundry, furnace and air conditioning. Outside, each side has its own deck, fenced yard space and parking, giving both households room to enjoy everyday life, indoors and out. If you're looking for a home with rental income, you could live in one side and rent out the other, putting that income toward your monthly mortgage payment. You'll have three bedrooms for family, guests or a home office, plus your own outdoor space to relax, garden or let the dog out. For friends or family members considering buying together, this layout offers the opportunity to share the costs of ownership while maintaining separate living spaces. Each household has its own kitchen, laundry, heating and cooling, along with a deck and fenced yard space. Stay close to the people you know while still having a place to call your own. For investors, the property offers two three-bedroom rental units, with features tenants can appreciate: in-unit laundry, air conditioning, parking and dedicated outdoor space. Whether you're adding to your investment portfolio, looking for rental income to help with your housing costs, or exploring home ownership together, this duplex gives you several ways to make your next move work. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 91 days across the listings currently for sale in this city
This 6-bed multi-family in Southgate has been listed for 19 days, which is 72 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $585,000, about 6.9× the local median household income of $85,000.
Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.