$3,299,900 - 161 Perryman Court, Erin
Detached for Sale in Erin
52 days on market- MLS Number
- X13053526
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Unmatched Luxury Living - A Custom Estate Beyond Compare. 3916 Sq Ft Bungaloft | 1 Acre Lot | Discover a rare opportunity to own a truly one-of-a-kind custom estate home, built with an unparalleled level of craftsmanship and over $300,000 in high-end inclusions that redefine quality and luxury. Situated on an expansive 1-acre lot, this 4+1 bedroom Bungaloft offers over 5600 sq ft of finished living space across three meticulously designed levels. From the moment you arrive, the elegant 8' Sapcle Mahogany entry system and French clad exterior French doors set the tone for what lies within-sophistication, comfort, and distinction. Main Floor Highlights: Soaring 10-foot ceilings, rich plaster crown moldings, and oversized 9.25" baseboards create a grand yet inviting feel. Primary bedroom retreat with his-and-hers walk-in closets and an opulent 5-piece ensuite featuring freestanding soaker tub, rain shower, and Kohler fixtures. Designer kitchen with granite, Oversized island, 48" uppers with crown molding, Sub-Zero 48" fridge/freezer, Wolf 48" range, and custom cabinetry extending into the laundry room. Spacious great room with cathedral ceiling, full-view Napoleon fireplace, and panoramic windows .Low-voltage in-floor heating around kitchen island, bathroom vanities, toilets, laundry areas. Geothermal heating and cooling, tankless water heater (owned).Oversized 4-car garage, fully insulated, drywalled, taped, and primed with carriage-style 9x7 doors and belt drive openers. Three generously sized bedrooms on second floor, 9-foot ceilings and continued designer finishes. Home gym, 5th bedroom with 3-piece semi ens. Expansive recreation room with walk out to backyard. Custom built-in bar with island, easily converted into a second kitchen for multi-generational living or in-law suite. This is more than a home-it's a statement of success, comfort, and enduring quality! Don't miss this rare opportunity to own one of the most impressively built estate homes in the region!
Estimate your monthly payments for this property
Estimated Payment
$14,596.57/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.
161 Perryman Court, 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 $943/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 52 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 3,500 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 5 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 5 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.