$4,999,900 - 101 Perryman Court, Erin
Detached for Sale in Erin
79 days on market- MLS Number
- X12942612
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 7
- Bathrooms
- 9
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Erin
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to a truly exceptional estate offering over 8,234 sq ft of finished living space on an approximately 1-acre lot, where grand scale meets thoughtful design and premium craftsmanship throughout.The home features 10' ceilings on the main floor and 9' ceilings on both the second level and walk-out basement, creating an airy, light-filled atmosphere. With 7 bedrooms and 9 bathrooms, this residence is perfectly suited for large families, multigenerational living, or those who love to entertain. At the heart of the home is a spectacular great room open to above, anchored by a dramatic floor-to-ceiling stone fireplace. The chef's kitchen is a showstopper, equipped with high-end built-in stainless steel appliances, an oversized island, custom backsplash, and direct walkout to the expansive 55' x 16' deck, ideal for indoor-outdoor living. A butler's pantry with prep kitchen adds both elegance and functionality.Retreat to the main-floor primary bedroom which is a private sanctuary featuring a gas fireplace with stone slab surround, walkout to the deck, a spa-like 5-piece ensuite, and a massive walk-in closet complete with a large center island. The main level is rounded out by hardwood flooring, plaster mouldings, and a highly functional laundry room with two sets of washers and dryers. Upstairs, you'll find four generously sized bedrooms, each with its own 3-piece ensuite and walk-in closet, offering comfort and privacy for every family member.The fully finished walk-out basement continues the luxury with two additional bedrooms, each with private ensuites, a large recreation room, fitness room, wet bar and high-end vinyl flooring. A separate 3-piece bathroom with backyard access makes this level ideal for entertaining or poolside plans. Additional highlights incl. Geothermal heating, Mvac central vac with hide a hose, paved driveway with concrete curbs. This one-of-a-kind property delivers luxury, efficiency, and scale in a refined package. An extraordinary home.
Estimate your monthly payments for this property
Estimated Payment
$22,116.24/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Erin
Erin is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Erin
- •Convenient location in Erin
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Erin offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
101 Perryman Court, Erin
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Erin market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 79 days on site, this property has exceeded the typical selling timeline for Erin. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Erin are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Erin.
Bathroom Count Matters
With 9 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.