$529,000

For saleJust listed

264 Russell Street, Southgate - Single Family for Sale

264 Russell Street, Southgate, Ontario, N0C1B0

3 beds3 baths4 parking1,750 ft²34 × 111 ft (3,738 sq ft) lot sizeListed 4 days ago

Overview

This 3-bedroom, 3-bathroom home in Southgate is for sale offering roughly 1,750 sq ft of space. Listed at $529,000, it is attractively priced about 19% below the $649,900 median asking price in Southgate. It has been on the market 4 days, fresher than the Southgate average of 92 days.

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Description

Detached, 1830 sq foot home built in 2020 offering 3 bedrooms and 3 bathrooms with a functional open-concept layout. The main floor features a spacious great room, dining area, and upgraded eat-in kitchen complete with stone countertops, and a large island. Upgraded finishes include solid oak staircases, crown moulding and a gas fireplace. The primary bedroom features a walk-in closet and a private 5-piece ensuite, while two additional spacious bedrooms provide plenty of room for family or guests.Additional features include an attached garage with inside entry, central air conditioning, an unfinished basement ready for your finishing touches, and main floor pot lights throughout. (id:66096)

Property Details

MLS®: X14136008
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 34 × 111 ft (3,738 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.68 x 7.27 meters
Kitchen: 2.8 x 3.88 meters
Dining room: 1.18 x 2.1 meters

Second level

Primary Bedroom: 5.3 x 3.88 meters
Bedroom 2: 3.53 x 4.02 meters
Bedroom 3: 3.85 x 5.7 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Southgate listings, avg age

92d

Price / ft²

$302

List price

$529K

Haho

This 3-bed single family in Southgate has been listed for 4 days, which is 88 days fresher than the city average of 92. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · CHRISTA DUITS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0C)

This home lists at $529,000, about 6.2× the local median household income of $85,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $85,000
Population: 17,537
Median age: 43.6
Owner / renter: 86% / 14%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0C)

$529,000· $302/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$394/mo

Total monthly$3,172

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$7,055

Est. closing costs$4,087

Total cash needed$39,042

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