Raised Bungalow with Large 1 bedroom Inlaw suite! Great income property potential or live upstairs and rent out the basement to help pay the mortgage. Front entry can easily be turned into seperate basement entrance and use the side entrance for the main floor. Main floor features a large open concept Kitchen, dining, and living room area and 3 good sized Bedrooms. Lower level features a beautiful Kitchen with breakfast bar, a huge living room and 1 large bedroom. New steel roof in 2026. The home is vacant and interior photos have been virtually staged.
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $856 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 297 Main St W
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
297 Main St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14134980$599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 297 Main St W Compares to the Southgate Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,943
/mo
based on the purchase price of $599,000
$119,800 cash
$479,200 financed
$403,612 total interest
Principal54%$479,200
Interest46%$403,612
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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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.
Similar homes for sale nearby in Southgate
Other 2–4 bed homes for sale in Southgate around $599K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio1394093.7%On average, homes sold at or above asking.
Active listings116Homes for sale here right now.
Median vs prior 90 days+13.7%Compared with May 4 – Aug 2, 2026: prices up.
Based on 51 sales from Aug 2 – Oct 31, 2026 (49 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 297 Main St W
How much is 297 Main St W listed for?
297 Main St W is listed at $599,000 (MLS® X14134980). Summitly updates the price as soon as the MLS® record changes.
Is $599,000 a good price for 297 Main St W?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Southgate. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 297 Main St W changed?
No — 297 Main St W is still listed at its original asking price of $599,000.
How many bedrooms and bathrooms does 297 Main St W have?
297 Main St W has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Southgate.
How much would the monthly mortgage be on 297 Main St W?
About $2,943 a month — principal and interest on $599,000 with 20% down ($119,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 297 Main St W compare with other homes in Southgate?
Its asking price of $599,000 is about 10% below the median sold price in Southgate over the last 90 days, $665,000, across 51 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 297 Main St W been sold before?
Summitly has no earlier MLS® sale or lease of 297 Main St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 297 Main St W?
297 Main St W is in Southgate, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 297 Main St W been on the market?
3 days — 297 Main St W was listed on October 28, 2026.
What is the price per square foot of 297 Main St W?
About $545 to $856 per square foot: the asking price of $599,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 297 Main St W have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 297 Main St W have a basement, and is it finished?
