16 Brown Street, Erin

Price: $689,889

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13222076

Step into a home that gives you a fresh start in the charming and scenic Erin. This brand new, never lived in townhouse offers the kind of ease and comfort today's buyers are searching for, with thoughtful spaces designed to support both quiet moments and lively gatherings. The main level welcomes you with an airy, open concept layout filled with natural light. The lovely kitchen features stainless steel appliances, granite countertops, and a generous breakfast bar that invites everything from casual morning coffee to weekend entertaining. It flows effortlessly into the dining and living areas, creating a space that feels connected and warm. From here, step out to your private yard, perfect for summer evenings, pets, or a future garden retreat. Upstairs, the primary bedroom offers a calm and comfortable escape, complete with his/hers closets and a private 3-piece ensuite. Two additional bedrooms provide flexibility for a growing family, guests, or a home office, all complemented by a well-appointed 4-piece bathroom. The lower level is your opportunity to explore your creativity. Whether you envision a home gym, media lounge, or additional living space, the basement is ready to evolve with your needs. Buyers will appreciate the lifestyle that Erin delivers. Spend weekends exploring the scenic trails at Elora Cataract Trailway or enjoying the natural beauty of Hillsburgh Conservation Area. Discover local favourites or browse artisan shops and seasonal markets that give the town its welcoming character. For a vibrant day trip, the boutiques, restaurants, and riverside views of Elora are just a short drive away.

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$689,889 - 16 Brown Street, Erin

Townhouse for Sale in Erin

Popular Listing
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13222076
Property Type
Townhouse
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Erin
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Step into a home that gives you a fresh start in the charming and scenic Erin. This brand new, never lived in townhouse offers the kind of ease and comfort today's buyers are searching for, with thoughtful spaces designed to support both quiet moments and lively gatherings. The main level welcomes you with an airy, open concept layout filled with natural light. The lovely kitchen features stainless steel appliances, granite countertops, and a generous breakfast bar that invites everything from casual morning coffee to weekend entertaining. It flows effortlessly into the dining and living areas, creating a space that feels connected and warm. From here, step out to your private yard, perfect for summer evenings, pets, or a future garden retreat. Upstairs, the primary bedroom offers a calm and comfortable escape, complete with his/hers closets and a private 3-piece ensuite. Two additional bedrooms provide flexibility for a growing family, guests, or a home office, all complemented by a well-appointed 4-piece bathroom. The lower level is your opportunity to explore your creativity. Whether you envision a home gym, media lounge, or additional living space, the basement is ready to evolve with your needs. Buyers will appreciate the lifestyle that Erin delivers. Spend weekends exploring the scenic trails at Elora Cataract Trailway or enjoying the natural beauty of Hillsburgh Conservation Area. Discover local favourites or browse artisan shops and seasonal markets that give the town its welcoming character. For a vibrant day trip, the boutiques, restaurants, and riverside views of Elora are just a short drive away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,539.49/mo

Includes CMHC insurance ($19,248)

$
$
5%10%50%

5-yr fixed avg.

Principal: $620,900Interest: $421,698
Mortgage Amount$640,148
Total Interest$421,698
Est. Property Tax$489/mo
Total Cost$1,061,846

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

16 Brown Street, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$2,097

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 $460/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Erin have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,875 (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.

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    16 Brown Street, Erin | $689,889 | Battaglia Team