41 Pine Ridge Road, Erin

Price: $1,749,000

5 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13161498

Welcome to 41 Pine Ridge Road, a sprawling true bungalow set on 1.47 acres, this property combines estate-style presence with over 6000 sq ft of living space. The long-poured concrete driveway creates an impressive approach and generous parking for guests. The true bungalow layout has a commanding living and dining room overlooking the expansive front lawn and gardens, surrounded by soaring pines and the west credit river running behind. A beautiful custom Cherry Hill style kitchen featuring a large centre island with gas cooktop, pop up exhaust, extensive cherry cabinetry, and heated floors for year-round comfort. The kitchen opens to a warm family room with a wood burning fireplace. Adjacent solarium style room, filled with natural light and houses an indoor hot tub allowing year-round use in a protected environment. Three spacious main floor bedrooms with the primary suite as the star of the show, featuring a huge ensuite and walkout to the deck for morning coffee. The fully finished basement has an additional two bedrooms for guests, extended family, or home gym. The second kitchen creates a true in-law or multigenerational living option, or an ideal set up for entertaining. The custom bar area anchors the recreational space providing a fabulous area for entertaining or game nights. Two separate staircases connect the two floors improving flow and adding convenience. The oversized 3.5 car garage offers room for vehicles, hobby space, and additional storage. Privacy is of the essence, yet neighbors near by for a game of road hockey. A short walk or bike ride into the Village of Erin on the safety of the Elora-Cataract Trail. Walking distance to the schools, arena, tennis courts, and new library. An easy commute to the GTA, with all the tranquility when you arrive home.

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$1,749,000 - 41 Pine Ridge Road, Erin

Detached for Sale in Erin

5Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13161498
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
5
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Erin
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Welcome to 41 Pine Ridge Road, a sprawling true bungalow set on 1.47 acres, this property combines estate-style presence with over 6000 sq ft of living space. The long-poured concrete driveway creates an impressive approach and generous parking for guests. The true bungalow layout has a commanding living and dining room overlooking the expansive front lawn and gardens, surrounded by soaring pines and the west credit river running behind. A beautiful custom Cherry Hill style kitchen featuring a large centre island with gas cooktop, pop up exhaust, extensive cherry cabinetry, and heated floors for year-round comfort. The kitchen opens to a warm family room with a wood burning fireplace. Adjacent solarium style room, filled with natural light and houses an indoor hot tub allowing year-round use in a protected environment. Three spacious main floor bedrooms with the primary suite as the star of the show, featuring a huge ensuite and walkout to the deck for morning coffee. The fully finished basement has an additional two bedrooms for guests, extended family, or home gym. The second kitchen creates a true in-law or multigenerational living option, or an ideal set up for entertaining. The custom bar area anchors the recreational space providing a fabulous area for entertaining or game nights. Two separate staircases connect the two floors improving flow and adding convenience. The oversized 3.5 car garage offers room for vehicles, hobby space, and additional storage. Privacy is of the essence, yet neighbors near by for a game of road hockey. A short walk or bike ride into the Village of Erin on the safety of the Elora-Cataract Trail. Walking distance to the schools, arena, tennis courts, and new library. An easy commute to the GTA, with all the tranquility when you arrive home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,736.42/mo

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5-yr fixed avg.

Principal: $1,399,200Interest: $921,725
Mortgage Amount$1,399,200
Total Interest$921,725
Est. Property Tax$1,239/mo
Total Cost$2,320,925

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

41 Pine Ridge Road, Erin

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,239
Insurance (est.)-$364
Net Cash Flow+$2,847

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 $500/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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Erin.

Bathroom Count Matters

With 4 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.

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    41 Pine Ridge Road, Erin | $1,749,000 | Battaglia Team