$719,999 - 165 Gear Avenue, Erin
Townhouse for Sale in Erin
35 days on market- MLS Number
- X13137374
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Presenting a less than a year old, two-storey townhome with walk out basement entrance already done by builder. Available for immediate possession in the Township of Erin. The Upper level boosts of 3bedbedroom and 2 washrooms. The kitchen is equipped with brand new stainless steel appliances and features a breakfast bar, perfect for a quick morning bite. Quartz countertops and extended upper cabinets provide optimal storage. The open-concept Great Room, with textured hardwood flooring throughout, just installed brand new flat pot lights on the main floor, can be utilized as a living/dining combo to suit your needs. A powder room is conveniently located near the front door, complete with a mirrored front closet. The entire second floor is carpeted, except for the washrooms and the laundry room, which is conveniently situated beside the primary bedroom for easy access. All second-floor washrooms also have quartz countertops and ceramic floor tiles. The home features a modern layout with 9-foot ceilings and an upgraded kitchen on the main floor. With parking available for three vehicles, that includes built-in garage. This home is situated in a quiet, family-friendly neighborhood close to top-rated schools, parks, shopping, and local amenities. Located in a desirable area of Erin, just steps from Erin's vibrant downtown, you'll enjoy the peaceful setting near the headwaters of the Credit and Grand Rivers, combining natural beauty with small-town charm. Future connectivity is a bonus with the proposed Highway 413 set to enhance accessibility in the area. This property offers easy access to local favorites including Tin Roof Cafe, Deborah's Chocolates, Tim Hortons and the popular Busholme patio. Don't miss this unique opportunity to enjoy both lifestyle and location. Check out this awesome home, ready for you to move in.
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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.
165 Gear Avenue, Erin
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $480/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.
Market Position
At 35 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.
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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.