146534 Southgate 14 Road, Southgate

$648,000
146534 Southgate 14 Road

$648,000

New
21d
DetachedBungalow

146534 Southgate 14 Road, Southgate

Total Monthly Obligation $3,396

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
21d
Score
17
Yield
4.3%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13855644
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-327.76 × 169.37 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,888.26 (2026)
Parking-8 - Attached
Basement-Separate Entrance, Full, Unfinished
Heating-Forced Air (Propane)
Brokerage-eXp Realty
Cooling-Central Air
Laundry-No
Fireplace-Propane
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-30-59 days
Neighbourhood-Southgate
Title-Residential Freehold

No agent assigned

Welcome to peaceful country living on over an acre, where privacy, open farmland views, and thoughtful updates come together to create the perfect place to call home. Surrounded by farmers' fields, this solid brick bungalow offers 3 bedrooms, 1.5 bathrooms, an attached two-car garage, and the kind of quiet setting families dream about. Lovingly updated over the years, the home has seen significant improvements including a new roof (2017), furnace (2017), main floor windows excluding the sunroom (2019), central air conditioning (2020), electrical panel (2020), some lower-level windows (2020), and a complete main floor renovation in 2020, creating a bright, modern, and welcoming living space. Two propane fireplaces add warmth and character, making this home as cozy as it is functional. The full unfinished basement offers endless potential and features a separate entrance through the attached garage, presenting an excellent opportunity for a future in-law suite or additional living space. Outside, the large driveway, spacious yard, and over one acre of land provide plenty of room for children to play, dogs to roam, gardens to grow, or simply to enjoy the peace and privacy of country life. Whether you're looking for your first country home, a place to raise a family, or a property with room to grow, this beautifully updated bungalow offers the perfect balance of comfort, functionality, and rural charm.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$518,400
Land Transfer Taxes$9,435
Legal Fees (Est.)
$
Total cash required for closing$140,535

Total Monthly Obligation

$3,396/mo
Mortgage $2,614
Monthly Loss $2,708
Principal$688
Interest$1,926
Property Tax$407
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.2/ 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
$27,996/yr
NOI
$15,808/yr
Net Cash Flow
-$1,297/mo
Cash Margin
-55.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.3/ 100

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

Comparables

Properties near 146534 Southgate 14 Road

Time

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