$875,000

For sale

5013 Eramosa-Erin Townline, Erin - Single Family for Sale

5013 Eramosa-Erin Townline, Erin, Ontario, N0B2K0

3 beds1 bath7 parking900 ft²50 × 120 ft (6,000 sq ft) lot sizeListed 40 days ago

Overview

This 3-bedroom, 1-bathroom home in Erin is for sale offering roughly 900 sq ft of space. Listed at $875,000, it is attractively priced about 40% below the $1,449,000 median asking price in Erin. It has been on the market 40 days, fresher than the Erin average of 67 days.

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Description

Are you looking for country living, close to town with and abundance of garage and parking space? Look no further! This lovely, well-maintained three-bedroom, one-bath country bungalow is ideally located just 5 minutes from Acton & Rockwood, 10 minutes to Georgetown, and 15 minutes to Guelph. Extensively updated and move-in ready, this home features newer flooring throughout, newer drywall ceilings, an updated kitchen, a renovated bathroom, and a new roof including the plywood (2025). The thoughtfully designed floor plan offers separate living and dining rooms, along with a functional kitchen. At the rear of the home, a cozy bonus nook provides the perfect space for a mudroom, home office, or quiet reading area. A valuable feature of this property is the detached garage, which is equipped with its own electrical panel-an excellent asset for homeowners seeking a functional workspace, storage, or room for projects and equipment. The property also includes a fenced yard and parking for 4-5 vehicles, with plenty of room for an RV, boat, or other toys. This is a wonderful opportunity to enjoy the charm of country living with convenient access to nearby communities, great schools, major highways, and local amenities. (id:66096)

Property Details

MLS®: X13830686
Property Type: Single Family
Zoning: A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 900 ft²
Lot Size: 50 × 120 ft (6,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Partial
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 4.14 x 2.91 meters
Kitchen: 5.44 x 2.83 meters
Dining room: 4.13 x 3.06 meters
Mud room: 4.4 x 1.5 meters
Primary Bedroom: 3.34 x 3.16 meters
Bedroom 2: 2.59 x 3.35 meters
Bedroom 3: 3.37 x 2.57 meters

Lower level

Utility room: 6.25 x 3.96 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, Water softener, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Flooring: Tile, Laminate
Foundation: Block
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Erin listings, avg age

67d

Price / ft²

$972

List price

$875K

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 3-bed single family in Erin has been listed for 40 days, which is 27 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 Inc., Brokerage · TYLER GERRITS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $875,000, about 7.3× the local median household income of $120,000.

Carrying it typically needs a household income of about $170,918 (20% down, 25-yr amortization, stress-tested) — roughly 42% 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)

$875,000· $972/ft²

For sale

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Full Cost Breakdown

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Down Payment7.14% · $62,500

Min 7.14%50%

Mortgage payment$4,505/mo

↳ CMHC premium ($32,500 capitalized)

Property tax (est.)$373/mo

Total monthly$4,878

Cash Needed to Close

Down payment (7.14%)$62,500

Land transfer tax$13,975

Est. closing costs$5,125

Total cash needed$81,600

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