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$1,190,555
Erin
5058 3 Line, Erin, Ontario, L7J2L8
This 4-bedroom, 3-bathroom home in Erin is for sale offering roughly 1,750 sq ft of space. Listed at $1,190,555, it is attractively priced about 18% below the $1,449,000 median asking price in Erin. It has been on the market 18 days, fresher than the Erin average of 67 days.
Magnificent private pond retreat with sandy beach & rock waterfall, and beautifully landscaped surroundings creates a setting you rarely find on a private 1-acre property. Nestled on the edge of Erin, this exceptional estate offers the perfect blend of privacy, elegance, and country living. Inside, the home features vaulted ceilings, a beautifully updated kitchen with granite countertops and centre island, and an open-concept living and dining area designed for entertaining with walkout access to an elevated deck overlooking the grounds and pond. The main floor offers three spacious bedrooms, a renovated family bathroom, and convenient laundry hookup. The fully finished lower level adds even more living space with a warm and inviting recreation area featuring an electric fireplace, bar and sink area, renovated 4-piece bathroom with glass shower, fourth bedroom, and walkout access to the mudroom and garage. The outdoor entertaining spaces truly set this property apart, including a custom-built cabana complete with wood stove, 3-piece bathroom, and both indoor and outdoor bar areas overlooking the pond. A covered front cement patio adds even more space to relax and unwind while the expansive driveway comfortably accommodates up to 6 vehicles. A rare opportunity to own your own private country oasis just minutes from town. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 18 days on market, against an average age of 67 days across the listings currently for sale in this city
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.
This 4-bed single family in Erin has been listed for 18 days, which is 49 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,190,555, about 10.8× the local median household income of $110,000.
Carrying it typically needs a household income of about $232,557 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.