$1,075,000 - 26 Main Street, Erin
New Construction for Sale in Erin
- MLS Number
- X13160822
- Property Type
- New Construction
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- CENTURY 21 MILLENNIUM INC.
And here we go! We were honoured, 6 years ago, to sell this beautiful house when it was brand new. Think about that now, that makes it a 6-year-old home, which means a 6-year-old roof, 6-year-old furnace and A/C, 6-year-old electrical and most importantly a 6-year-old septic. All the 'worry boxes' are crossed off. This stylish 3-bedroom home has a wonderful floor plan has a wrap around deck and 2 driveways, one from Main St and it continues to William St, which connects to create a drive thru the property. It also has a transferable Tarion warranty. But wait! What may be the star of this show, is the incredible 4-year-old permitted, 1200 square foot shop. It has 14-foot ceilings, three 10-foot manual bay doors, with 2 man doors and built on a 5-inch concrete slab. 200-amp service, heated, with water roughed in. This property is zoned mixed use, so dive into the possibilities of what this shop can do for a live/work scenario. Walking distance to everything the Village of Erin has to offer: cafes, shops, services, brand new library, arena and fabulous restaurants. Erin is home to an incredible pulse. Community events, street sales, locals and new residents reside in harmony, with small town love. An easy 35-minute commute to the GTA or 15 minutes to the GO train. Gotta tell you, this will be the best place to watch the Santa Clause parade and spend your summer nights with a bonfire looking at all the stars!
Estimate your monthly payments for this property
Estimated Payment
$4,755.09/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.
26 Main Street, 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
Competitive Pricing
At $717/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 28 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.
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.
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 $4,479 (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.