$1,985,000 - 49 Waterford Drive, Erin
Detached for Sale in Erin
34 days on market- MLS Number
- X13135234
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Erin
- Listing Brokerage
- CENTURY 21 MILLENNIUM INC.
It is a rare find that you will not want to miss! 49 Waterford Dr, Erin is now on the open market, and it has not been in 23 years. And it is a WOW! Perfectly located in this sought after executive subdivision, backing on to the tributary of the credit river, so nothing will be built behind you. This 4880 square foot of living space, 4-bedroom home with not just tick the boxes it will slash them! Let us start from the beginning, walk in the front door to the great room, with an incredible view of the stunning backyard. Open concept living, kitchen with high end appliances, dining, and cozy sunroom, complete with a commanding 2-sided gas fireplace. Head into the MAIN FLOOR primary suite, with huge walk in closet and fabulous ensuite. Large windows overlook the greenery and walks out to the deck for your morning coffee, with the gas fireplace to create your sanctuary. Off the kitchen you will conveniently find the main floor laundry, amazing mudroom, and powder room. Mudroom walks into the garage, with brand new doors and a man door to the front. Head on up to three lovely bedrooms, one, a nanny suite loft, complete with its own gas fireplace. Let us go to the lower level now, this showstopper has all the light pouring in, a full wet bar that could easily turn into a kitchen, with a walkout to the backyard oasis. Yes, that is exactly what it is. Tons of lawn for kids play then the safely enclosed pool party waiting to happen. Third bay of the garage has been professionally converted to a home office, could be used as that again, or more living space for extended family. A simple 35-minute commute to the GTA or 15 minutes to the GO train. Walking distance to all the charm in the Village of Erin, I ask you, what more could you want?
Estimate your monthly payments for this property
Estimated Payment
$8,780.32/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.
49 Waterford Drive, 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 $662/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 34 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 3,000 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.