Southgate · L6T 1Y7
$968,800
$881 / sq ft4 months on market
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Prime Investment Opportunity & Detached Bungalow. ATTENTION INVESTORS & MULTI-GENERATIONAL BUYERS! This is an incredible opportunity to own a meticulously maintained, turn-key income property situated on a premium 50' x 120' lot. This all-brick detached bungalow is strategically designed with dual rental potential, featuring a completely independent lower-level suite and separate outdoor living spaces. Main Level: Spacious 3-bedroom floor plan featuring crown moulding and premium Berber broadloom over original strip oak hardwood.Kitchen: Updated with elegant almond cabinetry with pantry, upgraded ceramics, and brand-new fridge and stove.Primary Suite: Features a rare walk-in closet; 2nd bedroom offers a walk-out to a private deck.Laundry: Dedicated main-floor laundry closet with a new stackable washer/dryer.Lower Level: High-Yield Income Suite Access: Completely separate side entrance leading to a bright, finished 2-bedroom basement apartment. Features: Above-grade windows for natural light, a second full kitchen, and an updated 3-piece bath. Bonus: Independent laundry room with newer appliances and a private patio area in the backyard specifically for lower-level occupants.Mechanicals & Upgrades: Roof/Eaves/Soffits/Facia: Completely replaced (2014).HVAC: New Central Air (2021) and high-efficiency furnace (2008) with a consistent Enercare maintenance record.Electrical: Upgraded circuit breaker panel and vinyl windows throughout.Exterior & Location:The property boasts a 4-car interlock driveway and an attached garage with an insulated door and remote access with door to backyard patio. Located on a quiet, tree-lined crescent, your tenants or family are steps away from schools, parks, and the No Frills Plaza. Only a 5-minute drive to Bramalea City Centre and Chinguacousy Park.Don't miss this "hidden gem"-a rare find that combines pride of ownership with a proven income-generating layout!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 91% of comparable detached listings in Southgate are asking less.
Based on 11 comparable active detached listings in Southgate. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $968,800. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX REALTRON REALTY INC.
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Listing courtesy of CENTURY 21 MILLENNIUM INC.
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Listing courtesy of RE/MAX GOLD REALTY INC.
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Listing courtesy of RE/MAX GOLD REALTY INC.
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Listing courtesy of RE/MAX GOLD REALTY INC.