$1,499,900

For sale

50 Stewart Drive, Erin - Single Family for Sale

50 Stewart Drive, Erin, Ontario, N1H6H7

2 beds2 baths15 parking1,750 ft²1.00 acres lot sizeListed 34 days ago

Overview

This 2-bedroom, 2-bathroom home in Erin is for sale offering roughly 1,750 sq ft of space. Its $1,499,900 asking price sits right in line with the $1,449,000 median in Erin. It has been on the market 34 days, fresher than the Erin average of 67 days.

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Description

Experience Luxury Living on a Premium 1-Acre Lot! Beautifully appointed home backing onto a tranquil pond, offering privacy, stunning views, and exceptional outdoor living. This thoughtfully designed residence features 9-ft ceilings, engineered hardwood flooring, pot lights, vaulted ceilings and a bright open-concept layout. The spacious foyer leads to an impressive gourmet kitchen and great room, perfect for entertaining. The kitchen features high-end stainless-steel Bosch appliances, gas cooktop, refrigerator, granite countertops, stylish backsplash, and oversized breakfast bar. Bright breakfast area with walkout to patio. The great room showcases a gas fireplace and picturesque views of the beautifully landscaped backyard, pond and inground pool. Convenient gas BBQ hookup. Enjoy your own private backyard oasis with a saltwater in-ground pool, spacious patio, beautifully landscaped grounds, and breathtaking pond views-ideal for relaxing or entertaining. Additional features include a 3-car garage, central vacuum with attachments, and ample parking for 12+ cars. The expansive unfinished basement features large windows and rough-in plumbing, offering excellent potential for future living, recreation, or entertainment space. A rare opportunity to enjoy luxury, privacy, resort-style outdoor living, and picturesque pond views on a premium 1-acre property. (id:66096)

Property Details

MLS®: X13849804
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 15
Interior Size: 1,750 ft²
Lot Size: 1.00 acres
Frontage: 156 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Dining room: 3.66 x 3.66 meters
Family room: 3.66 x 5.8 meters
Kitchen: 3.84 x 3.84 meters
Eating area: 3.84 x 3.36 meters
Primary Bedroom: 3.66 x 4.57 meters
Bedroom 2: 3.84 x 3.05 meters
Laundry room: 1.25 x 2.88 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Hardwood, Ceramic
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Cul-de-sac, Level lot, Conservation/green belt, Carpet Free

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Erin listings, avg age

67d

Price / ft²

$857

List price

$1.50M

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.

Haho

This 2-bed single family in Erin has been listed for 34 days, which is 33 days fresher than the city average of 67. Act while there is still low competition.

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Listed by ROYAL LEPAGE MEADOWTOWNE REALTY · SILVANA BEZINA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $1,499,900, about 19.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $292,983 (20% down, 25-yr amortization, stress-tested) — roughly 280% above the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$1,499,900· $857/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.33% · $124,990.00

Min 8.33%50%

Mortgage payment$7,623/mo

↳ CMHC premium ($54,996 capitalized)

Property tax (est.)$675/mo

Total monthly$8,298

Cash Needed to Close

Down payment (8.33%)$124,990

Land transfer tax$26,473

Est. closing costs$7,000

Total cash needed$158,463

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