$929,000

$959,000For salePrice drop↓ $30,000 (3%)

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21 Gibson Drive, Erin - Single Family for Sale

21 Gibson Drive, Erin, Ontario, N0B1T0

4 beds4 baths parking

38 Anderson Close, Erin, Ontario, N1H6H7

5 bd4 ba12 pk2,250 ft²Lot size 155 × 347 ft (1.23 acres)

Listed by SUTTON GROUP OLD MILL REALTY INC.

4958 Wellington Road 125, Erin, Ontario, L7J2L9

For saleJust listed

2 days ago

$3.20M

4958 Wellington Road 125, Erin, Ontario, L7J2L9

4 bd4 ba27 pk2,250 ft²Lot size 2016 × 2157 ft (99.82 acres)

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

9509 Highway 124 Road, Erin, Ontario, N0B1T0

For saleJust listed

2 days ago

$849K

9509 Highway 124 Road, Erin, Ontario, N0B1T0

6 bd2 ba12 pk1,750 ft²Lot size 125 × 383 ft (1.09 acres)

Listed by SKYBOUND REALTY

For saleJust listed

2 days ago

$1.10M

5849 Fifth Line, Erin, Ontario, N0B1Z0

4 bd2 ba6 pk3,250 ft²Lot size 146 × 185 ft (26,888 sq ft)

Listed by RE/MAX REALTY SPECIALISTS INC.

Investment analysis

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$929,000

Erin

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Overview

This 4-bedroom, 4-bathroom home in Erin is for sale offering roughly 2,750 sq ft of space. Listed at $929,000, it is attractively priced about 36% below the $1,449,000 median asking price in Erin. It has been on the market 50 days, fresher than the Erin average of 67 days.

Houses for Sale in Erin →All real estate in Erin →

Description

Don't miss the opportunity to own this beautiful 2577 SF 4 bedroom, 4 washrooms detached home Nestled in the peaceful, scenic town of Erin. The open-concept main floor boasts waffle ceiling,pot lights, a spacious and a modern kitchen, with a large island, Gas stove and Extra large windows bring in lots of sunlight. Direct access to a double car garage through the mudroom. Upstairs the primary suite offers huge walk-in his and her closet and a 5-piece Ensuite with Double sinks, freestanding tub and convenience of second-floor laundry. Stained Oak Staircase & Hardwood on the main and Hallway. The unspoiled basement, featuring a rare cold cellar, is ready for your personal touch. (id:66096)

Property Details

MLS®: X13784876
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 36 × 91 ft (3,278 sq ft)
Frontage: 36 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $6,229.46/yr
Listed: 50 days ago

Rooms

Main level

Kitchen: 4.27 x 2.31 meters
Eating area: 4.27 x 2.74 meters
Family room: 5.8 x 3.35 meters
Dining room: 4.87 x 3.35 meters

Upper Level

Primary Bedroom: 4.9 x 3.87 meters
Bedroom 2: 3.11 x 3.54 meters
Bedroom 3: 5.36 x 3.23 meters
Bedroom 4: 3.57 x 3.23 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

50d

Erin listings, avg age

67d

Price / ft²

$338

List price

$929K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (N0B)

This home lists at $929,000, about 7.7× the local median household income of $120,000.

Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $120,000
Population: 86,919
Median age: 42.8
Owner / renter: 88% / 12%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N0B)

$929,000· $338/ft²

For sale

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Full Cost Breakdown

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Down Payment7.31% · $67,900

Min 7.31%50%

Mortgage payment$4,774/mo

↳ CMHC premium ($34,444 capitalized)

Property tax (est.)$519/mo

Total monthly$5,293

Cash Needed to Close

Down payment (7.31%)$67,900

Land transfer tax$15,055

Est. closing costs$5,287

Total cash needed$88,242

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

21 Gibson Drive, Erin - Single Family for Sale

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Description

Property Details

Rooms

Features

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Market Timing

Location

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Neighbourhood profile (N0B)

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