251 Ridley Crescent, Southgate

$720,000
251 Ridley Crescent

$720,000

New
30d
Detached2-Storey

251 Ridley Crescent, Southgate

Total Monthly Obligation $3,810

Beds
4
Baths
3
Park
2
Sqft
2500-3000
DOM
30d
Score
17
Yield
4.4%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13817830
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-39.06 × 131.15 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,366 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Southgate
Title-Residential Freehold

No agent assigned

Welcome to 251 Ridley Cres, Dundalk Absolute showstopper! Discover this beautiful detached 4-bedroom, 3-bathroom home in the fast-growing, family-friendly community of Dundalk. The main floor features 9-foot ceilings, large windows, and a bright, functional layout with open concept living, providing plenty of space for both everyday family life and entertaining. The spacious eat-in kitchen is equipped with granite countertops, stainless steel appliances, ample cabinetry, and a breakfast area with a walk-out to the backyard. A convenient 2-piece powder room and direct interior access to the double-car garage complete the main level. Upstairs, the spacious primary bedroom features a walk-in closet, private ensuite, and plenty of natural light. Three additional generously sized bedrooms offer excellent space for family, guests, or a home office, each with large windows and new Broadloom. The main 4-piece bathroom provides added convenience for family/guests. The basement offers laundry facilities, laundry sink, sump pump, water softener, and a 200-amp electrical panel, lending tremendous potential for future finishing-whether you envision a recreation room, home gym, additional living space, or income potential. Located in a growing community close to Dundalk & Proton Community School, Highpoint Community Elementary School, parks, recreation facilities, shopping, restaurants, grocery stores, medical services, pharmacies, the Southgate Community Centre, public library, and everyday conveniences. Enjoy easy access to Highways 6, 10, and 89, making commuting to Orangeville, Shelburne, Mount Forest, Hanover, and surrounding areas convenient. A fantastic opportunity to own a spacious, modern family home in one of Dundalk's growing communities. Don't miss it-book your showing today!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$576,000
Land Transfer Taxes$10,875
Legal Fees (Est.)
$
Total cash required for closing$156,375

Total Monthly Obligation

$3,810/mo
Mortgage $2,904
Monthly Loss $3,046
Principal$764
Interest$2,140
Property Tax$531
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.3%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,800/yr
NOI
$17,754/yr
Net Cash Flow
-$1,425/mo
Cash Margin
-53.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 251 Ridley Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.