298 Ridley Crescent, Southgate

$749,900
298 Ridley Crescent

$749,900

New
15d
Detached2-Storey

298 Ridley Crescent, Southgate

Total Monthly Obligation $3,877

HausQ Valuation Report
Beds
6
Baths
4
Park
4
Sqft
2000-2500
DOM
15d
Score
17
Yield
4.1%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13878250
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-47.74 × 128.08 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,730 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Southgate
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 4-bedroom detached home situated on a premium corner lot in the growing community of Dundalk! Featuring impressive high ceilings, a grand double-door entry, and hardwood flooring throughout the main floor, this home offers the perfect blend of comfort and style. The upgraded kitchen boasts elegant granite countertops, complemented by upgraded light fixtures throughout. Freshly painted throughout, this home is move-in ready! The upper level offers 4 spacious bedrooms and 2 full bathrooms. The fully finished 1-bedroom basement features a separate entrance, kitchen, full bathroom, and spacious recreation room, offering excellent space for extended family or guests. Step outside to an expansive, fully fenced private backyard featuring upgraded interlocking stonework and a beautiful patio area, perfect for outdoor entertaining, summer BBQs, and family gatherings. Additional highlights include direct access to the double-car garage. An exceptional opportunity to own a spacious corner-lot home with fantastic indoor and outdoor living spaces in a growing, family-friendly community. Don't miss out!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,877/mo
Mortgage $3,025
Monthly Loss $3,081
Principal$796
Interest$2,229
Property Tax$478
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.4/ 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
$30,864/yr
NOI
$17,548/yr
Net Cash Flow
-$1,563/mo
Cash Margin
-60.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.9/ 100

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

Comparables

Properties near 298 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.

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Data last updated within the past 24 hours.