241 Main Street, Erin

Price: $899,500

2 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13247874

A rare offering in the coveted village of Erin, 241 Main Street pairs timeless board-and-batten character with a comprehensive list of modern updates. Set on an exceptional 89 x 131 ft lot, this two-storey home delivers approximately 1,300 sq ft of beautifully maintained living space, two bedrooms, and two baths.The recent improvements speak for themselves: new engineered hardwood flooring and a new staircase upstairs, updated HVAC, and newer appliances throughout - offering genuine peace of mind. The kitchen features a striking brick-detailed island with seating, while a wraparound covered porch and an expansive rear deck create seamless indoor-outdoor living.The grounds are the showpiece. A private, mature-treed backyard oasis offers space to garden, gather, and unwind, complemented by two sheds and parking for up to 12 vehicles - a near-impossible find on Main Street. Steps from the shops, cafes, and natural beauty of one of Wellington County's most beloved communities, with effortless access to Guelph and the Greater Toronto Area. A distinguished home in a truly walkable setting. Upstairs Floors and Stairs(2026)Fridge(2025)Washer/Dryer(2025)Stove(2024)AC(2026) Furnace(2017)

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$899,500 - 241 Main Street, Erin

Detached for Sale in Erin

Popular Listing
2Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13247874
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Erin
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

A rare offering in the coveted village of Erin, 241 Main Street pairs timeless board-and-batten character with a comprehensive list of modern updates. Set on an exceptional 89 x 131 ft lot, this two-storey home delivers approximately 1,300 sq ft of beautifully maintained living space, two bedrooms, and two baths.The recent improvements speak for themselves: new engineered hardwood flooring and a new staircase upstairs, updated HVAC, and newer appliances throughout - offering genuine peace of mind. The kitchen features a striking brick-detailed island with seating, while a wraparound covered porch and an expansive rear deck create seamless indoor-outdoor living.The grounds are the showpiece. A private, mature-treed backyard oasis offers space to garden, gather, and unwind, complemented by two sheds and parking for up to 12 vehicles - a near-impossible find on Main Street. Steps from the shops, cafes, and natural beauty of one of Wellington County's most beloved communities, with effortless access to Guelph and the Greater Toronto Area. A distinguished home in a truly walkable setting. Upstairs Floors and Stairs(2026)Fridge(2025)Washer/Dryer(2025)Stove(2024)AC(2026) Furnace(2017)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,614.90/mo

Includes CMHC insurance ($25,096)

$
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5%10%50%

5-yr fixed avg.

Principal: $809,550Interest: $549,824
Mortgage Amount$834,646
Total Interest$549,824
Est. Property Tax$637/mo
Total Cost$1,384,470

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

241 Main Street, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,576

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

Fair Market Value

At $818/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.

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.

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 $3,748 (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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