179 Daniel Street, Erin

Price: $925,000

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13168456

Need some help with the mortgage, this 2 family house is perfect for helping with qualifying and sharing in the family expenses !! Two living spaces with separate entrances, perfect for a growing or merging families. You must see the home to appreciate the size, close to 3500 sq.ft of finished living space. 3D tour and floor plan will allow you check-off all your family wants and needs. 2 Furnace & A/C units recently installed offers separate heat / cooling for both units. Incredible large fenced yard, parking for 8 cars, quiet street and amazing town of Erin!! Roof 2017, new kitchen in main unit, new bathroom upgrades.

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$925,000 - 179 Daniel Street, Erin

Detached for Sale in Erin

4Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13168456
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Erin
Listing Brokerage
CENTURY 21 TEAM REALTY LTD.
Description

Need some help with the mortgage, this 2 family house is perfect for helping with qualifying and sharing in the family expenses !! Two living spaces with separate entrances, perfect for a growing or merging families. You must see the home to appreciate the size, close to 3500 sq.ft of finished living space. 3D tour and floor plan will allow you check-off all your family wants and needs. 2 Furnace & A/C units recently installed offers separate heat / cooling for both units. Incredible large fenced yard, parking for 8 cars, quiet street and amazing town of Erin!! Roof 2017, new kitchen in main unit, new bathroom upgrades.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,745.73/mo

Includes CMHC insurance ($25,808)

$
$
5%10%50%

5-yr fixed avg.

Principal: $832,500Interest: $565,411
Mortgage Amount$858,308
Total Interest$565,411
Est. Property Tax$655/mo
Total Cost$1,423,719

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.

Ready to get pre-approved?

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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

179 Daniel Street, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$655
Insurance (est.)-$193
Net Cash Flow+$2,452

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 $463/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 25 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.

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.

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 $3,854 (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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    179 Daniel Street, Erin | $925,000 | Battaglia Team