$3,850,000
Erin
5414 Second Line, Erin, Ontario, N1H6H7
Attention developers, builders, and investors! Here's a rare opportunity to acquire 7.99 acres of prime development land in the rural hamlet of Ospringe at 5414 Second Line, Erin, Ontario, with an approved Site Plan for 13 estate lots, each with a minimum lot size of 0.5 acres, making it ideal for small builders and premium residential development. The property is fully prepared for construction, with all necessary engineering studies, grading plans, and landscaping designs complete and available for review. Buyers will be responsible for development charges for each lot and must use a tertiary septic system and either individual or communal wells. Located in the scenic rolling countryside of Erin, a vibrant and growing community northwest of the GTA, the area is known for its small-town charm, agricultural heritage, and breathtaking landscapes that attract families and commuters alike. Erin offers an excellent quality of life with access to well-regarded schools, abundant parks, trails, and outdoor recreation, and a thriving small business and cultural scene including community events like the well-known Fall Fair. The property is just minutes to Erin Village, Glen Williams, Georgetown, and major highway access, offering both rural tranquillity and urban convenience. Surrounded by existing residential estate homes and nestled within a community that values respectful growth and heritage, this location provides outstanding investment potential. The seller is motivated and serious offers will be considered; please note that property visits require a scheduled appointment. This is a high-potential, turnkey development opportunity you won't want to miss - all documents are available for your review. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 243 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 vacant land in Erin is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,850,000, about 50.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $752,040 (20% down, 25-yr amortization, stress-tested) — roughly 877% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1H)
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