Get $998 Cash Back
50 YOUNG STREET, Southgate — listed at $399,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Solid 1& 1/2 storey, 3 bedroom, 2 bathroom house on large lot. Close to downtown and schools. Covered front porch with new wooden deck. Back door patio and front door entrance. Main Floor has large kitchen with eat in area, exit to the covered porch and to the back yard patio. Large Dining Room/Living Room with a gas Fireplace and 3 windows for natural lighting. Front door entry. Main Floor Laundry with 2 pc bath, modern appliances. On Demand hot water, water softener, 200 amp service. Second floor has 3 bedrooms, hall space for storage. 4 pc bath has updated tub and shower. Partially fenced back yard with mature tree. oversized garden shed with windows and shingled roof. Big driveway with parking for 8 cars. This is a great home for a first time buyer, downsizing or contractor needing extra parking and close to downtown. Walking distance to schools. Great opportunity for entry level housing. (id:60164)
Is this a good starter home?+
At $399,000, this is priced in starter-home territory for Southgate. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $1,683, heating is baseboard heaters, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How many fireplaces are there, and what type?+
This home has 1 fireplace. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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