557 Main Street, Southgate, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Southgate. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $495,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 83 x 332 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Incredible value!! Opportunity knocks in the growing community of Dundalk! This 4-bedroom century home sits on a rare, just-under-one-acre in-town lot (0.858 Acres) offering exceptional potential for investors, developers, or buyers looking to create something truly special. What sets this property apart is the expansive lot size and its prime location just west of Hwy 10. With Dundalk experiencing steady growth and development, this property presents exciting possibilities for redevelopment, or long-term investment. Whether you're looking to restore a charming century home or unlock the full potential of this sizeable in-town property, this is a rare opportunity you won't want to miss! Updates Include: Furnace 2026, HWT Owned 2022, A/C 2022, Shingles 2018, Stove 2022, Clothes Washer 2024.
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Property Summary
This detached home located at 557 Main Street, Southgate is currently for sale and has been available on SousaSells for 131 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 557 Main Street, Southgate is in the Southgate neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Southgate, Southgate.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Southgate, Southgate.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 557 Main Street, Southgate, ON
Q.What is the asking price for 557 Main Street, Southgate, ON ?
The current listing price for 557 Main Street, Southgate, ON in Southgate, Southgate is $495,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 557 Main Street, Southgate, ON ?
557 Main Street, Southgate, ON is a Detached (1 1/2 Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Southgate, Southgate
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 557 Main Street E, Southgate, ON N0C 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Southgate, ON
For a property listed at $495,000 in Southgate, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.
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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.
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