312725 Hwy 6
Rural Southgate, Southgate, N0G 1R0
FOR SALE
$560,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
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Property Description
3 bedroom red brick century home complete with addition on 2.791 acres, boundary fenced with 50'x60' bank barn. Detached 2 car garage with concrete floor (20'x20'). Truck trailer box for wood storage and hen house (8'x45'), plus a storage shed by barn. The outdoor wood furnace, approx 15 years old, gives in-floor heat to the sunroom/main floor bath/laundry room, plus a new propane furnace in 2023. There is also a fire pit area with a concrete pad. The home has a newer 50yr GAF Timberline HDZ roof on the main home with aluminum roofing on the addition. Hydro to the barn and garage is 100amp, there is a drilled well beside the storage shed and the septic system is South of the home.
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Property Features
Fenced Yard, Golf, Hospital, Library, Rec Centre, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
339' x 357'
Acreage
2-4.99
Lot Irregularities
2.791 acres
Fronting
East
Taxes
$3,256 (2024)
Basement
Half, Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Wood
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.29' x 20.80' | Combined W/Dining |
| Living | Main | 11.81' x 12.99' | |
| Pantry | Main | 11.81' x 12.99' | |
| Bathroom | Main | 16.40' x 21.65' | Combined W/Sunroom, 2 Pc Bath, Combined W/Laundry |
| Bathroom | 2nd | 8.53' x 10.50' | 4 Pc Bath |
| Br | 2nd | 8.79' x 13.39' | |
| 2nd Br | 2nd | 10.99' x 11.38' | |
| 3rd Br | 2nd | 8.86' x 13.12' |
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Southgate Market Statistics
Southgate Price Trend
312725 Hwy 6 is a 3-bedroom 2-bathroom home listed for sale at $560,000, which is $185,780 (49.6%) higher than the average sold price of $374,220 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 3 bedroom home in Southgate declined by $332,113 (47.0%) compared to the previous 30 day period (November 9 - December 8) and down $1,445,780 (79.4%) from the same time one year ago.Inventory Change
There were 9 3-bedroom homes listed in Southgate over the last 30 days (December 9 - January 7), which is down 64.0% compared with the previous 30 day period (November 9 - December 8) and up 800.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Southgate typically sold ($9,552) (2.6%) below asking price over the last 30 days (December 9 - January 7), which represents a $21,044 increase compared to the previous 30 day period (November 9 - December 8) and ($229,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Southgate over the last 30 days (December 9 - January 7) stood at 1,666.7%, up from 12.0% over the previous 30 days (November 9 - December 8) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Southgate stood at 54 days when successfully sold over the last 30 days (December 9 - January 7), compared to 111 days before being removed from the market upon being suspended or terminated.Listing contracted with Wilfred Mcintee & Co Limited
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