15 Upper Canada Drive, Erin

Price: $1,399,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X12988204

If space is what you are looking for, then look no further! Drive up the long driveway into this huge 0.8-acre lot, full of privacy and lovely landscaping. Wander up the front walkway to the double door entrance and walk into over 2,900 square feet of above grade space. Floor to ceiling windows bring in all the warm sunlight with 9-foot ceilings for open, airy living. Open combination of dining and living room with gleaming hardwood floors. Kitchen is as functional as it is beautiful with quartz counters and stainless-steel appliances. Lots of room for a kitchen table that walks out to the patio or into the warm, cozy family room. Also on the main floor is a powder room, laundry and mudroom to garage. A super cool private little porch is accessed from the front hall. Upstairs is an enormous primary and ensuite, plus walk-in closet. 3 more generous bedrooms and a full bath. The basement is just ready for your creative juices to flow. Perched up high in this family friendly neighborhood, only 40 minutes to the GTA and 20 to the GO train. Small town living in a big space! **EXTRAS** AC (2023), Freshly Painted Throughout (2024), Roof (2022), Quartz Countertops in Kitchen (2016), Deck (2015)

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$1,399,000 - 15 Upper Canada Drive, Erin

Detached for Sale in Erin

68 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X12988204
Property Type
Detached
Status
active
Days on Site
68
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Erin
Lot Size
1 sqft
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

If space is what you are looking for, then look no further! Drive up the long driveway into this huge 0.8-acre lot, full of privacy and lovely landscaping. Wander up the front walkway to the double door entrance and walk into over 2,900 square feet of above grade space. Floor to ceiling windows bring in all the warm sunlight with 9-foot ceilings for open, airy living. Open combination of dining and living room with gleaming hardwood floors. Kitchen is as functional as it is beautiful with quartz counters and stainless-steel appliances. Lots of room for a kitchen table that walks out to the patio or into the warm, cozy family room. Also on the main floor is a powder room, laundry and mudroom to garage. A super cool private little porch is accessed from the front hall. Upstairs is an enormous primary and ensuite, plus walk-in closet. 3 more generous bedrooms and a full bath. The basement is just ready for your creative juices to flow. Perched up high in this family friendly neighborhood, only 40 minutes to the GTA and 20 to the GO train. Small town living in a big space! **EXTRAS** AC (2023), Freshly Painted Throughout (2024), Roof (2022), Quartz Countertops in Kitchen (2016), Deck (2015)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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.

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Neighbourhood Guide: Erin

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

15 Upper Canada Drive, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$2,268

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $560/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 68 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Erin. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    15 Upper Canada Drive, Erin | $1,399,000 | Battaglia Team