302 Russell Street, Southgate

$599,000
302 Russell Street

$599,000

New
24d
Detached2-Storey

302 Russell Street, Southgate

Total Monthly Obligation $3,239

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
24d
Score
19
Yield
5.1%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-X13839910
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-32.81 × 101.71 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,369.99 (2026)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/GTA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Southgate
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained detached home in the charming community of Dundalk. Bright, spacious, and thoughtfully designed, this 4 bedroom, 3.5 bath residence offers a warm and inviting layout ideal for comfortable family living. The main floor features an immaculate great room, a modern kitchen with granite countertops, stainless steel appliances, and a separate eat-in breakfast area. The second level includes four well sized bedrooms and three full washrooms, including a primary suite with a 5 piece ensuite and walk-in closet. The additional bedrooms offer ample closet space and large windows that fill the home with natural light. Carpet throughout the main and second floors adds warmth and comfort. Conveniently located near Highway 10, schools, grocery stores, and everyday amenities, this home provides exceptional value in a peaceful, family - friendly neighborhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,239/mo
Mortgage $2,416
Monthly Loss $2,603
Principal$636
Interest$1,780
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,528/yr
NOI
$17,605/yr
Net Cash Flow
-$949/mo
Cash Margin
-37.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.9/ 100

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

Comparables

Properties near 302 Russell Street

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.

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Data last updated within the past 24 hours.