$1,625,000

For sale

5540 8th Line, Erin - Single Family for Sale

5540 8th Line, Erin, Ontario, N0B1T0

4 beds4 baths12 parking2,250 ft²97 × 447 ft (43,136 sq ft) lot sizeListed 44 days ago

Overview

This 4-bedroom, 4-bathroom home in Erin is for sale offering roughly 2,250 sq ft of space. It has been on the market 44 days, fresher than the Erin average of 67 days.

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Description

Welcome to this stunning custom home on a private 1-acre lot, less than 2 km from quaint Erin. Thoughtfully designed w/high-end finishes, this exceptional property offers sophisticated style, comfortable family living & incredible outdoor enjoyment.The bright, open-concept main floor is flooded w/natural light. The well-appointed kitchen features granite counters, Jenn-Air appliances & a dedicated coffee station, while the living room showcases a custom three-sided zero-clearance fireplace. New high-end engineered white oak flooring & unique tile designs add a stylish touch throughout. Main-floor laundry & a 2-piece bath complete the level. Upstairs features a spacious loft, 2 generous bedrooms & a beautiful 5-piece bath. The luxurious primary suite offers an updated 4-piece ensuite, walk-in closet & motorized blinds.The fully finished basement includes a cozy family room, 2-piece bath & 2 versatile rooms ideal for a gym, offices, hobbies or a teen retreat.The covered front porch has been elegantly updated w/a copper roof, adding timeless character & curb appeal.Outside, the private backyard oasis is extensively landscaped & fully fenced. Enjoy the new stone patio, professionally installed fiberglass UV pool w/ an impressive 6-foot tanning ledge & self-cleaning hot tub. A detached 2-car garage & parking for 10+ vehicles provides plenty of room for family, guests & recreational toys.A truly exceptional property offering privacy, luxury & an incredible country lifestyle just minutes from Erin. Country living, beautifully done. (id:66096)

Property Details

MLS®: X13814192
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 2
Parking: 12
Interior Size: 2,250 ft²
Lot Size: 97 × 447 ft (43,136 sq ft)
Frontage: 97 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Kitchen: 3.85 x 3.36 meters
Dining room: 4.65 x 3.49 meters
Living room: 4.51 x 7.76 meters
Bathroom: 1.83 x 2.17 meters
Laundry room: 2.25 x 2.32 meters

Basement

Recreational, Games room: 6.74 x 4.37 meters
Family room: 4.67 x 4.1 meters
Exercise room: 4.55 x 3.51 meters
Bedroom 4: 4.55 x 4.04 meters
Bathroom: 1.78 x 2.51 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Tile, Hardwood, Laminate
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Conservation/green belt

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Erin listings, avg age

67d

Price / ft²

$722

List price

$1.63M

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 4-bed single family in Erin has been listed for 44 days, which is 23 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Town Or Country Real Estate (Halton) Ltd., Brokerage · MICHELLE SCHOUTEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $1,625,000, about 13.5× the local median household income of $120,000.

Carrying it typically needs a household income of about $317,419 (20% down, 25-yr amortization, stress-tested) — roughly 165% 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)

$1,625,000· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $325,000

Min 20%50%

Mortgage payment$6,930/mo

Property tax (est.)$685/mo

Total monthly$7,615

Cash Needed to Close

Down payment (20%)$325,000

Land transfer tax$28,975

Est. closing costs$7,375

Total cash needed$361,350

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