DetachedOn market 102 daysPrice drop · $100,900 off (-7.2%)

124288 Southgate Road 12, Southgate

Name: 124288 Southgate Road 12 N/a
SKU: X13617552
Price: 1299000 CAD
Availability: InStock

Southgate, ON · · MLS® X13617552Updated October 29, 2026

$1,299,000Est. $6,382/mo mortgage

Bedrooms: 3
Bathrooms: 3
Living space: 1500–2000sq ft
Parking spaces: 8

Type Detached
Lot 7.495 acres
Garage Yes
Basement Full, Finished

What you should know

124288 Southgate Road 12 is a 3-bedroom, 3-bathroom detached home in Southgate, listed for $1,299,000. It has 1500-2000 sq ft of living space.

Custom timber frame retreat on 5.5+ acres.
Step inside to a spectacular great room featuring soaring vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, and a full wall of windows that flood the space with natural light and frame views of nature.
The large eat-in kitchen is both beautiful and functional, boasting stone countertops, stainless steel appliances, and ample space for family gatherings.

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3 Bed, 3 Bath Detached Home in Southgate

About 124288 Southgate Road 12

Custom timber frame retreat on 5.5+ acres. Welcome home to this stunning 2022-built timber framed masterpiece, set on just over 5.5 private acres. From the moment you arrive, quality craftsmanship and thoughtful design are evident throughout. Step inside to a spectacular great room featuring soaring vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, and a full wall of windows that flood the space with natural light and frame views of nature. The large eat-in kitchen is both beautiful and functional, boasting stone countertops, stainless steel appliances, and ample space for family gatherings. The main floor primary bedroom offers a private retreat with a full ensuite bath, ideal for one-level living. Upstairs, a great loft area overlooks the great room below, perfect for a home office, reading nook, or additional living space, and provides access to two more spacious bedrooms. The fully finished lower level extends your living space with a second stone fireplace, heated floors, high ceilings, and large windows that bring in abundant natural light, ideal for a family room, home theatre, or guest suite. Car enthusiasts, hobbyists, and tradespeople will love the impressive 24' x 36' three-car garage/workshop, offering endless possibilities for storage, projects, or toys. This exceptional three-bedroom timber frame home combines rustic elegance with modern comfort; all set on a private acreage offering room to breathe. A rare opportunity you won't want to miss. RSA.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $866 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 124288 Southgate Road 12

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 8 spacesYes garage
Basement: Full, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Full · Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

124288 Southgate Road 12 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13617552−$100,900 (7.2%)$1,299,000
Jul 29, 2026For saleListedThis listingMLS® X13617552$1,399,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 124288 Southgate Road 12 Compares to the Southgate Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 95 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Southgate market, last 90 days

Median sold price: $672,500
Average sold price: $836,175
Average days on market: 44
Homes sold: 48

Closed sales on the TRREB MLS®.

Full Southgate market report

Recently sold nearby in Southgate

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home124288 Southgate Road 12 N/a 3 bd · 3 ba · 1,500 sqft	$1,299,000asking	$866	—	—
123007 Southgate Road 12 N/A 3 bd · 1 ba · 1,100 sqft
33 Wilson Crescent 3 bd · 2 ba · 1,100 sqft
392492 Southgate Sideroad 39 N/A 3 bd · 2 ba · 1,500 sqft
25 AITCHINSON Avenue 4 bd · 2 ba · 2,000 sqft
206 Werry Avenue 4 bd · 2 ba · 2,500 sqft
45 Sheffield Street 3 bd · 3 ba · 2,500 sqft

123007 Southgate Road 12 N/A
3 bd · 1 ba · 1,100 sqft
33 Wilson Crescent
3 bd · 2 ba · 1,100 sqft
392492 Southgate Sideroad 39 N/A
3 bd · 2 ba · 1,500 sqft
25 AITCHINSON Avenue
4 bd · 2 ba · 2,000 sqft
206 Werry Avenue
4 bd · 2 ba · 2,500 sqft
45 Sheffield Street
3 bd · 3 ba · 2,500 sqft

Living in Southgate: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 124288 Southgate Road 12

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $6,382; 20% down · 25 years · 5.5% assumed
Property tax: $714; 0.66% mill rate · ON
Total per month: $7,096; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$6,382

/mo

based on the purchase price of $1,299,000

Down payment20%

$259,800 cash

Amortization25 yr

$1,039,200 financed

Rate5.50%

$875,279 total interest

Principal54%$1,039,200

Interest46%$875,279

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: RE/MAX ESCARPMENT REALTY INC., BrokerageMLS® X13617552 · Listing data last updated October 29, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Jul 28· $866/sq ft

Estimated monthly mortgage$6,382/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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