$2,699,900 - 32 Forest Ridge Road, Erin
Detached for Sale in Erin
- MLS Number
- X13215990
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Experience luxury living with exceptionally low operating costs in this custom-built Net Zero certified home, set on a beautifully landscaped 3-acre property. Certified in 2024, this energy-efficient estate offers two valuable income streams: a 10kW MicroFIT solar system providing monthly income, plus a 10kW net-metering solar system helping offset hydro costs. Set well back from the road on a quiet court, the property offers privacy, a long driveway, triple-car garage, and inviting wraparound covered porch. Inside, you'll find a bright open-concept layout with soaring ceilings, 4 spacious bedrooms, 4 renovated bathrooms, upgraded flooring, wainscoting, and two gas fireplaces. The kitchen offers plenty of bright cabinetry, granite counter tops, backsplash, island and eat in dining. The fully finished basement features a soundproof home theatre, games room, rec room, and gym. Step outside to a massive screened Trex deck with natural gas BBQ, dining, and entertaining areas overlooking your private backyard retreat. Enjoy a fiberglass saltwater pool with electric cover, solar heating with gas backup, outdoor cooking area, bar, and large cabana with change room and composting toilet. Mature trees, wooded areas, campfire spaces, and exceptional privacy create a true resort-like setting. Winter fun awaits with your own backyard skating rink, while the pirate ship treehouse is sure to delight children and grandchildren. Additional outbuildings include a garage/workshop with attached equipment & pool storage space. Extensive upgrades include a natural spring irrigation system, triple-glazed UV-protected windows (2022), owned commercial-grade hot water heater (2023), upgraded Lennox furnace and heat pump (2024), smart blinds, lighting, security systems, and more. Offering the perfect blend of luxury, sustainability, recreation, and modern convenience, this remarkable property delivers year-round enjoyment and resort-style living just minutes from town and everyday amenities.
Estimate your monthly payments for this property
Estimated Payment
$11,942.57/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.
32 Forest Ridge Road, Erin
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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 $771/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 20 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.
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.
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.
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.