$649,900 - 15 Millwood Road, Erin
Detached for Sale in Erin
- MLS Number
- X13152328
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to 15 Millwood Road ~ 2 Bedrooms / 1 Bathroom with a rough in for a 2nd bathroom on the lower level. Upper 1/2 storey level is unfinished and awaiting your finishing touches - whether you would like a Large Primary Bedroom Suite, 2 other bedrooms, a kids playroom, office area....the choice is yours! Eat-in kitchen area has a walk-out to the back deck, perfect for entertaining and BBQing on those hot summer nights that are just around the corner! Living room area has a view of the front yard and hardwood flooring. Both bedrooms are decent sizes and bathroom was updated last year in 2024. Lower level is finished with a recreation room area with gas fireplace and dry bar. Laundry / Furnace room also located on lower level. Roof Approx 15 years. Windows Approx 9 years (Bathroom & Kitchen Window 2024). Freshly Painted in 2024. Very central location within the Town of Erin - quick walk to boutique shops, restaurants, pharmacy, bank, grocery store, bakery, ice cream shop, Schools, Parks, Walking Trails... the list goes on! Parking for 3 cars in the driveway. 20 Minutes to Guelph, Georgetown, Orangeville - 30 Minutes to Brampton!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
15 Millwood Road, Erin
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Rental income estimator & ROI calculator
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 $928/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.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Erin properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.