344 Ridley Crescent, Southgate

$499,000
344 Ridley Crescent

$499,000

New
17d
Semi-Detached 2-Storey

344 Ridley Crescent, Southgate

Total Monthly Obligation $2,721

HausQ Valuation Report
Beds
4
Baths
3
Park
3
Sqft
1500-2000
DOM
17d
Score
20
Yield
5.3%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Semi-Detached
MLS® Number-X13866510
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24.6 × 128 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$4,000 (2025)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-iCloud Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Front
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-60/90/120
Neighbourhood-Southgate
Title-Residential Freehold

No agent assigned

Welcome to this exceptional 4-year-new, 1889 Sqft, 4-bedroom semi-detached in the prestigious master-planned community of Edgewood Greens. Thoughtfully upgraded throughout this elegant home features granite countertops, extended custom cabinetry & premium hardwood flooring across the entire home - completely carpet-free. Expansive windows flood the space with natural light, enhancing the refined and contemporary ambiance. The upper level offers four generously proportioned bedrooms, including a luxurious primary suite with a private ensuite and spacious his-and-her closets. Two full bathrooms on the second floor provide both comfort and convenience for family living. Additional highlights include interior garage access, CVC rough in, fresh air exchanger, and rare no-sidewalk frontage allowing parking for three vehicles on the driveway plus one in the garage. Located close to schools, shopping, community centre, Coffee Shops etc

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,721/mo
Mortgage $2,013
Monthly Loss $2,191
Principal$530
Interest$1,483
Property Tax$333
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,496/yr
NOI
$15,346/yr
Net Cash Flow
-$734/mo
Cash Margin
-33.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.9/ 100

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

Comparables

Properties near 344 Ridley Crescent

Time

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